If you are looking for a payday loans advance then you may be rather confused as to where to find one. You may have heard of payday loan companies, know a bit about advances and seen adverts and articles about this type of lending but still be rather daunted by knowing where to go to get a payday loans advance. You are not alone though. There are many people who are also unsure of how to find and contact companies that give these advances, but there are actually a lot of ways to find them and to get in touch with them.
Representative Example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable). Representative 305.9% APR. We are a broker not a lender. We don't charge fees. We don't sell your personal information.
Many high streets now have lenders that will give out payday loans. You can go into the branch and they will talk to you about what they have to offer which could help you out. If you have all of the items they need with you, such as proof of identity, bank account details and proof of income, they may even let you have the money right away.
You will be able to identify them by the adverts on the outside of the shop. They should say that they will lend money but they will not look like a bank or building society. You can always take a look online and see what shops you have in your area, if you are not sure and do not want to go out looking for them.
Applying online is the traditional way to get a payday loan. This can be good because you get a chance to take a look at their website and find out a bit more about tehm first. You can research the company if you like, which you cannot do so easily when you are on the high street.
Looking online is great for anyone who is not mobile enough to go out to a shop or someone who is not happy talking on a phone or using a phone. You will have to fill out some forms, but they should be fairly simple as they do not want to put anyone off by making it too complicated.
It can be possible to telephone some lenders and apply over the phone. This can be good for anyone who is not keen on using a computer or who would rather speak to a company. It will give you an idea of what the lender is like as well. Speaking to someone will give you the opportunity to ask any questions that you might have and you will be able to get a feel for how friendly, knowledgeable and polite they are. It can be much better speaking to someone directly rather than trying to look up information on their website. You will also have another way of deciding what you think of the company as speaking to a representative can be a good reflection of what the company is like as a whole.
These days it is even possible to apply for a payday loan using text messaging. This can be quick and convenient and if you do not want to use any of the other methods or perhaps if you are not happy with them. Although a text can be convenient, you will need to be happy with sending personal information by these means. Make sure that you are sure you are sending your details to the right number.
So you may be surprised at how many different ways there are to apply for a payday loan. The lenders all try to have methods which borrowers will be comfortable with as they want to make it as easy as they can for them to borrow money. They will vary though in the methods that they offer and you may need to consider whether there are any methods that you think are favourable for you and whether there are any that you do not like the look of. It is good to be aware of them all though as you will be able to think about which you think will be the best for you. You may not mind which method you use, but there could be some people that do have concerns with some and so may be pleased that there are other options for them.