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Q
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What is a payday advance?
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A
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A payday advance is a small loan which is repayable on your next payday - max 40 days.
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Q
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How do I repay my loan?
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A
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We use the debit card or direct debit from your current account to take repayment of your payday advance on your next payday.
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Q
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Do you run credit/score checks?
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A
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No, we are not interested in your past credit, we are only interested in your current ability to repay your loan and other financial commitments on your next payday.
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Q
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Can I rollover my loan until my next payday?
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A
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Yes, loan extensions are granted at the discretion of WageDayAdvance however this is a short-term loan and is designed to help you until your next payday. Should you require credit for a longer period, then this facility may not be your best option and we would suggest you seek a more appropriate loan facility.
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Q
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Do I need a cheque guarantee card?
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A
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No, but we do ask that you hold a valid debit card for the bank account where your wage gets paid in.
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Q
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How soon will I receive my money?
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A
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If your loan is approved and we receive your signed agreement before 2.30pm and you can get to one of our stores, you can have your money the same day. Alternatively you can have your money sent by BACS to your account free of charge which takes three working days, or finally you can pay an express fee of £15 which is deducted from your loan amount and you will receive your money the same day.
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