Warning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk. We are a broker not a lender.
Warning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk. We are a broker not a lender.
Jun 1, 2017
Borrowing loans from banks, credit card companies and other lending institutions is expensive. The short term loans availed online is a relief due to the low interest charged on them. Many borrowers are now opting for cheaper salary loans provided by online payday loans. We have a new product we are calling payday pug. The payday cash advance is an instant, short term unsecured loan that we provide in exchange of a payday check.
The launch of this short- term lending facility was motivated by the fact that there is a gap in the provision of friendly short term loans. Other financial institutions like banks make it difficult for employed to get emergency loans. When one finally gets one, the interest rate is high, making the loans highly unaffordable.
Every State has its limit on how much you can apply for. When one is applying for a payday pug, one has to specify on the State so that the cap limit can be specified. If one needs a higher amount than can possibly get in an application, you need to apply for a different payday pug with a different lender.
We provide a high cap limit for our short term loans. As such, you will not need to apply for another loan. Since the interest rate is low, you will easily afford to apply, get and repay it within the stipulated time.
A paydaypug costs some money to finance it. It varies from one lender to the other. Typically, you will pay back between $15-30 for a payday loan of $100. An Annual Percentage Rate (APR) is a formula that is used to compute how much you are supposed to pay.
Though this will depend on the agreement between you and the lender, a loan term is usually 14 days or 2 weeks. Many lenders are willing to negotiate the terms so that you are comfortable with the repayments. Direct lending
Getting cash wired to your account after a loan approval is one of the characteristics of the short term lenders. There are no intermediaries involved. You talk one-on-one with the lender, hence facilitating the process. You can get lending as a first customer
Conventionally, lenders require some history of working with them before they consider your loan application. For instance, banks will demand bank statement for specified period of time. Our payday pug is availed to you as a new customer as long so long as you meet a few requirements.
There are many unscrupulous short-term lenders who purport to offer the lowest interest rates. These ones are not regulated by State. Our firm is licensed by the State, hence offers legit loan lending services.
Many people are tired of the long day paperwork that one has to endure in banks in order to secure a loan. In 3 minutes, you will have finished filling our online form in a secure portal. You will not need to fax your loan details and start the countdown. The process is instant such that in a matter of minutes, you will know if your application for a payday pug has been approved or not.
Typically, loan application requires one to furnish the lender with security instruments. If you do not have a security, you will be denied a short term loan facility. With the advent of the unsecured paydaypug, you can apply and obtain a loan upon proof of employment.
The terms are usually flexible such that you can repay without risk of being blacklisted for defaulting. Our experts have devised customer-friendly instalments, low interest and longer repayment periods. This makes the loans attractive to many people in need of affordable loans.
Credit history check is every borrower's nightmare. This is a mandatory requirement by lenders to borrowers to provide records from banks on their borrowing past. We forego the need for these checks so as to assist you to become a better borrower.
Start your short term loan application
with Payday Pug™
Representative example: if you borrow £550 over 18 months at a flat rate of 180% per annum (fixed) with a representative 770% APR you will make 18 monthly payments of £113.06, repaying £2,035.08 in total. Rates from 45.3% APR to 1721% APR. A short term high cost loan should not be used as a long term solution. We are a broker not a lender. We don't charge fees. We don't sell your personal information. We may receive a commission from the lender.