Wage Day Advance is a reputable company that provides payday loans service with a secure application form on their website. Based in the UK they are a direct payday lender and not a broker. So if you apply to them you will get a direct accept or decline response – quickly.
Wage Day Advance procedure for getting a payday loan is easy: go to their website and submit an application online; you will then be ID checked (using your Debit Card details); you will then need to e-sign a loan agreement online; after a short while (few minutes) you will either be accepted or declined; they offer a free BACS (up to 3 working days) funds transfer service to your bank account and also have a same day fund transfer service costing £15 – one of the cheapest in the industry.
The loans available at Wage Day Advance start at £80 and go up to £400 for first-time borrowers, and up to £750 for repeat-customers. These amounts are quite common for the industry.
Their representative APR is 2814.2% which is slightly on the high side. For every £100 they lend out, a fee of £29.50 applies. While they are not among the cheapest lenders, they are not among the most expensive ones either. Read the full story
