Swift Money are able to provide very high acceptance rates, whilst also providing the best possible rates available to the customer.
Upon approval from one of our lenders you can have the loan amount deposited into your bank account in as little as 10 minutes.
Our efficiency is achieved mainly due to our one page loan application, which does not require any extensive information or paperwork. This shortens the processing time immensely. As the process is also completed completely online, you can start to get an idea of why we are able to arrange your loan so efficiently.
Please note that all lenders will carry out a credit check. Please keep this in mind when applying elsewhere for payday loans with no credit check.
Please also note that Swift Money are not a lender and offer a credit matching service.
Since Swift Money launched in 2011 we have processed over 400,000 loan applications.
Due to our quick and efficient service, our customers look to us whenever they are in need of a small short term loan.
We owe a lot of our success to our customers that spread our brand via word of mouth.
Whilst banks on occasion tend to require proof of what your loan is for, we do not.
Some common uses of Payday loans include:
Thank you for visiting Swift Money and considering our services. If you have any queries or concerns we would love to hear from you. You can contact us via Email, Live Chat or by Phone. For full details please see our Support page.
Ministers Set Aside £800,000 for Hunting Down Illegal Loan Sharks
May 26, 2018
UK Ministers have pumped £800,000 into efforts aimed at cracking down on illegal loan sharks out to exploit the most vulnerable borrowers. Rogue lenders capitalising on desperate borrowers are going to face a fresh stringent crackdown. £100,000 of the money set aside was seized from dodgy firms. The £800k will be spent on efforts aimed at encouraging vulnerable...
The FCA is Preparing For Cryptocurrencies Adoption
May 25, 2018
Traditional financial institutions in the UK and most countries in the world haven’t been very supportive of cryptocurrencies in the past several years. However, 2018 has seen a widespread “change of heart”. Institutions that were thought to be against cryptocurrency adoption and integration are now softening their stand. The FCA is one of those institutions that...
Asda Shelves Controversial £99 Petrol Deposit
May 24, 2018
Supermarket chain Asda has shelved its controversial petrol deposit trial rolled out in three supermarkets in the UK. The move followed adverse news headlines in the recent past. Disgruntled customers have been voicing their displeasure for being charged £99 more after filling up using the supermarket’s pay-at-the- pump system. The system had been allowing Asda...
New Bill Banning Letting Fees Presented in Parliament
May 23, 2018
A new bill which could mark the end of letting fees in England has been presented in the House of Commons. Letting fees are separate from tenancy. The fees are charged by property managers or letting agents who conduct viewing and additional work related to letting property out. Letting fees are not refundable. Besides bringing an end to the letting fees era,...
Swift Money Ltd are authorised and regulated by the Financial Conduct Authority (FCA)
Authorisation can be checked on the FCA register at: https://register.fca.org.uk/
FCA Firm reference Number: 738569
Collections Process: If at any point during the term of your loan you feel that you will have difficulty in repaying what you owe, you must contact the payday lender immediately. You will be able to discuss repayment options and avoid missing your repayment date completely.
Please be aware that this could incur further charges or interest as a result. Please also note that interest rates are capped at 0.8% per day and charges are also capped to a maximum of £15.
If you fail to notify the lender of your difficulties and miss your repayment date, your details could be forwarded onto debt recovery agencies to recover the debt. This action is not taken lightly and is always a last resort.
Implications Of Non Payment: Again, if you are struggling, or feel that you may struggle to meet your repayment date, you need to contact the lender immediately. If you do not do this and you fail to meet the the agreed repayment date, this could adversely effect your credit score and will harm your chances of obtaining credit in the future.
If you do miss your repayment date interest and charges may also be applied. In this instance lenders will always try to contact you via telephone or letter in order to recover the funds or to arrange an alternative repayment solution.
Late Payment: Where you feel that you may have any difficulty in repaying your loan on the pre-arranged date, you will need to contact your lender immediately. You will be able to rearrange your repayment date to a more suitable time (this may result in a small charge being added on to the total amount due). The late payment fee could vary from £1 to £15, completely dependent upon the delay and the lender.
*Although we can provide an Instant Decision, on occasion payday loan decisions may take up to 2 minutes.
**Funds may take longer than 10 minutes to arrive depending on which lender approves your application and if your bank supports Faster Payments.