SPEED-E-LOANS REVIEW - Payday Loans

Speed-e-loans have been providing a payday loans service since 2010.
Their mission is to "Provide instant decisions and 2 hour money whenever you need it."
Speed-e-loans can provide an instant decision because they do a quick credit check on you.
The procedure for getting your payday loan with Speed-e-loans is fast and completely, 100% online - no faxing documents!
Although you have to repay £130 for every £100 you borrow for a 1 month period, if you only need the money for 18 days then you only repay £118! So that makes for a finance charge of 1% a day and you only pay for the time you have the loan.
Speed-e-loans really are fast - you can get a same day loan transferred to your account within 2 hours from being approved - this is one of the quickest payday lenders in the UK.
You pay for the privilege of receiving the cash same day but at £4.95 that is one of the cheapest rates of all payday lenders. There is no free, BACS (up to 3 working days) transfer option.
They have a secure application form and procedure on their website.
Speed-e-loans limit the amount of times you can rollover your payday loan to 3 times - such a limit is good as it prevents you from being trapped in debt.
You can opt to repay the loan over 1 or 2 pay periods.
Advantages: Truly INSTANT decision and if approved cash within 2 hours