Instant payday is a form of monetary assistance that helps you in bridging the gap between your two consecutive paydays when you are short on cash or your monthly pay has been exhausted. It helps in solving your urgencies, such as immediate medical care, monthly household rent, credit card bills, electricity bills, child’s school fees, grocery bills, etc on time. Being secured against your payday, it provides you two benefits: -
- There is no need of any collateral against the loan amount.
- You can easily repay the entire borrowed amount by your upcoming payday.
You can acquire funds anywhere in between £100 to £1500 for a short term of 2 to 4 weeks. Since, it has a short term unsecured nature, so are slightly high on the interest rates than the usual. But, you can avail this option by just filling an online application form and submitting it. There is no need to fax any documents to the lender for the verification.
This scheme has certain conditions that want you to be: -
- A permanent resident of UK.
- An adult or above 18 years.
- Employed with regular salary.
- Possessing a valid checking account.