Payday Loan Lenders
Mobile Money
Mobile Money offer loans from £500 to £25,000 secured against the value of a vehicle, using the logbook as security.
How does it work?
Once you have applied online or phoned one of the local branches, you need to go to the nearest local branch bringing with you the logbook (V5) and MOT, the insurance details, evidence of your income and identity and two recent letters or bills.
Pay Day UK
With Pay Day UK you can apply for a payday loan from £80 to £750. You are charged £25 for £100 you borrow and you don’t have to repay the loan until your next pay date. To pay for you loan Pay Day UK debits the payment from your debit card on your payday for the agreed amount.
How does it work?
After you have applied online and you have been approved, you need to enter your bank account details (to receive your loan) and debit card details (to repay the company on your payday). Then you will be able to sign online your loan agreement.
Bonga Loans
Bongaloans.com is a provider of short term loans. You can apply simply by sending a text to Bongaloans and you receive a loan of £100 which expire in 7 days.
How does it work?
In order to get your loan first of all you need to fill in the application form available on the company website, then you will receive a Credit Agreement, which you need to agree to.
WorkingCapital4U
Workingcapital4u is aimed at small and mid-sized businesses who are seeking an alternative to a business loan. This company arrangea cash advance companies who buy a fixed amount of your future credit and debit card sales at a discount.
How does it work?
In order to obtain a loan, you need to apply online. The company will then tell you if your request has been approved. In this case you will receive your loan within 7 business day.
