Introduction
Cash advance payday loans are meant to cater your immediate, unexpected and indispensable financial implications. Very often one gets himself in a situation when the demands are more than expectation as medical emergencies towards the end of month, electricity bill, telephone bill etc exceeds from what you expected them to be. With cash advance payday loan you will find it really simple to take care of all and any such situation. Cash advance payday loan are short term payday loans lent for a period of few weeks, generally till your next pay day.
Facts relate to cash advance payday loans
If you are applying for cash advance payday loan for the first time then you can secure an amount with the maximum limit of £500. Once, you pay it back in time, you can get more loan amount next time you apply. Lenders usually charge some fees over the loan amount. If you can't pay back amount in time then you can pay it on your next pay day by paying some extra fees. However, it has to be kept in mind that you should pay back borrowed amount as early as possible as the APR is pretty high.
Application process and eligibility
Application process is very simple and there are almost no paper works involved. Availing a cash advance payday loan will, most of times, just ask you for submission of your last pay check slip. You can apply for cash advance payday loan either online or meeting the lender personally. After application is made, money is credited to your account within 24 hours. It is advisable that you apply for cash advance payday loan between Monday to Thursday so that money can be credited to your account by next day. Eligibilities for cash advance payday loans are also very highly demanding. You need to be a citizen of UK with a regular source of income. Cash advance payday loans are available to bad credit holders, people with ccjs etc too.
