Payday Loan Repayment Charges…

How much you repay…

1737.2% Typical APROur repayment rates are clearly shown below for each loan amount you might choose to apply for. The loan is repayable in full on your next pay day however, for a small fee, you can request an extension of the repayment date until the following pay day.

Standard Loan Single Repayment Charges


Our Standard Loans allow you to borrow up to £400 on your first loan then up to £750 there after, incurring Typical 1737.2% APR

Typical example. Loan amount : £200. Repayment on your next pay day £250. We charge 25% of the loan amount for credit.

There are NO arrangement fees to set up your loan.

If you would like to know more about our service please click here to view our Frequently asked questions.

How much would you like to borrow?

slide this way to decrease loan amount slide this way to increase loan amount £

Table of Repayment Charges

  Loan Amount   Repayment   Extension Fee  
  £80   £100   £20  
  £100   £125   £25  
  £150   £187.50   £37.50  
  £200   £250   £50  
  £250   £312.50   £62.50  
  £300   £375   £75  
  £350   £437.50   £87.50  
  £400   £500   £100  
  £450   £562.50   £112.50  
  £500   £625   £125  
  £550   £687.50   £137.50  
  £600   £750   £150  
  £650   £812.50   £162.50  
  £700   £875   £175  
  £750   £937.50   £187.50  

Our APR Explained

The term APR stands for Annual Percentage Rate. It is the interest payable plus administrative fees applied expressed as an annual rate of charge. The rules and regulations that govern Consumer Credit providers like ourselves state that they must quote their APR before you (the customer) sign a regulated consumer credit agreement.

However the term expresses the rate of interest and other fees as an annual percentage, typically for loans of 12 months and above. If you take out a WageDayAdvance of £100 and paid back £25 every month for a year it would be very expensive but cash advances offer instant solutions to short-term financial needs. You are expected to repay your loan in full within 45 days, on your next pay date, so APR’s are not a realistic measure for calculating the repayment rate of our short-term loans. The table below illustrates this:

Table for comparison :
  Provider Period Loan Amount(£) Interest Charge(£) Interest Charge(%) Typical APR(%)  
  WageDayAdvance Ltd 28 Days £100 £25 25% 1737.2%  
  Bank Unauthorised OverdraftBank Unauthorised
Overdraft
14 Days £100 £63.55 63.55% 37496354.3%  
  WageDayAdvance Ltd 28 Days £500 £125 25% 1737.2%  
  Instalment LoanInstalment Loan 12 Months £500 £175 35% 78.6%  
  Instalment Loan Instalment Loan 36 Months £500 £245 49% 16.9%  

The actual cost of borrowing from WageDayAdvance will always be £25 for every £100 borrowed and is intended to solve your short-term cash flow problems without requiring any long term debt. It’s also the fastest and most convenient way to borrow and we believe this is the most competitive rate in the market for this service. In most cases our rates of interest are much cheaper than the charges banks impose for going into an unauthorised overdraft, attempting to cash cheques with insufficient funds or attempting to pay a direct debit/standing order with insufficient funds in your account.

Do I Qualify?



You must be 18 or over.
You need a UK bank account into which your salary is paid.
You must have a regular job and pay day.

actual interest charged is 25% - Typical 1737.2% APR

Apply in 3 Easy Steps!


The fastest, and easiest way to get a wage advance is to apply online now and your much needed cash loan could be in your account today.

To begin the short 3 stage application process, simply fill out the form below :-

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 First Name :
 Surname :
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