WageDayAdvance
Borrow from £100 to £5,000 with same day payout available, bad credit accepted, and instant decisions. Simple online application for flexible repayment terms up to 36 months.
WageDayAdvance provides a fast and convenient loan brokerage option for UK residents seeking short-term borrowing. With options from £100 up to £5,000, applicants can choose repayment terms from 1 to 36 months, making it suitable for a variety of financial needs and situations.
The representative APR ranges from 48.1% up to 1721%, depending on the lender and the applicant’s profile. For example, a loan of £1,000 repaid over 18 months results in total repayable of £1,605.96 (Representative APR 79.5%, fixed rate 59.97%). The entire process is completed online with no paperwork required and instant decisions offered.
How to Apply: Step by Step
- Choose your desired loan amount and repayment period.
- Complete the quick online application form.
- Receive an instant decision on your eligibility.
- If approved, review your loan offer and accept the terms.
- Your funds could be paid out the same day by the matched lender.
Advantages of WageDayAdvance
WageDayAdvance’s major strengths are flexibility and speed. Borrowers can access funds on the same day they apply, which is ideal for urgent financial needs. The service also caters for those with bad credit, providing opportunities where others might decline.
In addition, no hidden fees and a secure FCA-regulated platform give peace of mind to applicants. The high approval rate increases the chances that you’ll find a suitable lender through the service.
Possible Drawbacks
Interest rates can be significantly higher compared to traditional bank loans, especially for those with poor credit. Not every applicant will be eligible for the maximum £5,000 or fastest payout options as this varies by lender.
WageDayAdvance is a broker, not a direct lender, so your loan agreement will ultimately be with a different company. Always review terms carefully before proceeding.
Our Verdict
WageDayAdvance stands out for speed, flexible terms, and acceptance of bad credit. While rates can be high, it’s a solid choice for those needing urgent cash or struggling with credit issues, provided that applicants consider the total cost before accepting a loan.
