WageDayAdvance
Borrow £100 to £5,000 with decisions in minutes and funds often paid out same day. All credit profiles considered, with flexible terms up to 36 months.
WageDayAdvance provides access to loans from £100 to £5,000 with payout often on the same day, making it an appealing option for those requiring fast funds. Minimum repayment terms start at one month, with the maximum extending to 36 months. Interest rates vary from 48.1% APR to 1721% APR depending on personal circumstances, with a representative APR of 79.5% (variable) on typical offers.
This broker service accommodates borrowers with all credit backgrounds, including those with poor or limited history. WageDayAdvance is not a direct lender; instead, it matches applicants with trusted UK lenders and facilitates a simple, online-only application process with instant decisions in most cases.
How to Apply: Step by Step
First, choose how much you wish to borrow—any value between £100 and £5,000—and your preferred repayment period. Click through to the online application form provided by WageDayAdvance.
Next, carefully complete the secure application by entering your personal, employment, and financial details. This process takes around two minutes and is performed entirely online.
Upon submission, the brokerage system works to match your requirements with suitable lenders. Usually, you will receive an instant on-screen decision, outlining the loan terms and repayment schedule.
If approved, you will have the opportunity to review the details and choose whether you wish to proceed. Accepted offers can sometimes be paid into your bank account the same day.
Key Benefits
Marking itself out, WageDayAdvance accepts applicants with less than perfect credit, increasing approval chances for those turned away elsewhere.
The platform offers a highly flexible range of loan amounts and repayment durations. Customers benefit from a straightforward, paperless process available 24/7, with no hidden fees.
Potential Drawbacks
Some of the partner lenders may offer loans with relatively high APRs, especially for higher-risk applicants. Always check total costs before accepting.
This is not a direct lending platform so WageDayAdvance cannot guarantee approval, nor can all applicants access the maximum loan amount of £5,000.
Verdict
WageDayAdvance is a reputable, user-friendly UK loan broker well-suited for those needing quick access to funds and flexible borrowing terms. The inclusive approach, especially towards poor credit, makes it a recommended choice for a broad spectrum of UK borrowers.
