Even with the most stringent budgeting and planning efforts, there will always be those last minute life emergencies leaving you desperate for an extra couple hundred quid. Fortunately, PaydayLoan.co.uk has been around since 1998 helping people with just that problem and providing them with that much needed cash advance. Cash advance loans, much like a payday loan, is a way of providing temporary financial relief in urgent situations such as; veterinary bills for your pet, car troubles, a last minute holiday weekend or maybe a forgotten phone bill.
No matter what the actual problem may be, cash advances can help you in your time of need. When you apply for a cash advance, you can do so from the ease of your own home allowing you to avoid any potentially embarrassing situations at a bank and running into somebody you might know. Here, at PaydayLoan.co.uk, we understand that your privacy is important and when you are in financial distress there is nothing more awful than having friends, family, co-workers or neighbours poking their noses in your business. With our cash advances, we aim to make your life just a little easier with our fast and efficient services.
Once you apply for an instant cash advance through our website, you can rest assured that even if we cannot provide you with the help that you need, we will do our utmost to match you with a lender who can. As soon as you submit your cash advance application, it will be reviewed and if we determine that we can assist you, an agent will call you to verify your information and approve. If we see that all the information that you gave us is true and you are approved for a cash advance loan, the cash that you need will be in your bank account and available for withdrawal within minutes!
If you're worried about exactly what the process for applying for a cash advance entails, we've gone and listed everything right here:
Step 1: Apply for your cash advance online
After reviewing all of your options and deciding on which lender you'd like to go with, you simply go to their online application. The usual online application will require you to enter some of basic personal information such as full name, phone number, address, etc. You will also be asked for your bank account information and don't worry, this is normal! As a lender, we need your bank account information so that we know where to send the money to after you've been approved!
Step 2: Confirm your information and desired cash advance amount
Now, most lenders will review your application immediately once it's received and you'll get a call and be asked to confirm the information you entered. We realize that sometimes it feels as though you need to repeat yourself over and over again, but this is really done for you safety. We need to make sure that you're really applying for a cash advance, and not some random person that has entered your information without your permission. After the confirmation process, which doesn't usually take more than 5 minutes, you will be asked exactly how much money you would like to borrow.
Step 3: Receive your funds
Once everything has been confirmed, the cash advance that you requested will be transferred to your current bank account. Once the funds have been transferred, the time that it takes for your funds to be available can vary, depending on which bank you're using. Most of the big, high-street banks will take as little as 30 minutes or 1-hour, while other banks may take up to 24 hours. Check with your bank to see what their transfer times and policies are.
Well, that's it... the whole process is done in just 3 steps and probably won't take more than 10 or 15 minutes of your time. Once your funds have arrived in your account, you can withdraw it and use it for whatever you need.
However, it’s always important to keep in mind that you will need to repay your cash advance and if you feel as though there is a chance (however slight) that you might not be able to repay your cash advance loan on time, it’s best to seek out other forms of financial assistance. See our Debt Advice section for more information on what to do if you find yourself unable to cope with your monthly financial commitments.
For further details and information about cash advance and how it can help you get through your rough patch, please see our FAQ page.