Payday loans are small short term loans that are granted to applicants in exchange for repayment on your next payday. Payday loans are bad credit friendly and are one of the easiest loans to be approved for.
In addition to lending small amounts, we specialise in getting the funds to you faster than other short term loan lenders. You can have the loan amount deposited into your bank account in as little as 10 minutes. How exactly do we give you such quick results? It is simple, our one page loan application does not require any extensive information or paperwork. This shortens the processing time immensely. As the process is also completely paperless you can start to get an idea of why we are able to provide and deposit your money so quickly.
Some of the benefits of our service include:
Since Swift Money® launched in 2008 we have serviced over 50,000 people in the UK with a short term loan. Due to our quick, efficient and affordable service, our customers look to us whenever they run into financial problems. One of our most successful marketing techniques is via word of mouth and an average of 9/10 customers would recommend Swift Money to their friends and family.
While banks tend to require proof of what you loan is for, we do not stipulate what your loan can or cannot be used for.
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.
Collections Process. If at any point during your loan term you feel that you will have difficulty re-paying what you owe, you must contact your lender immediately. They will be able to discuss any possible re-payment options with you to avoid you missing your payment completely. However, please be aware that this may mean that you incur further charges or interest as a result. If you do not contact your lender then they will reserve the right to pass your details onto a third party collections agency, who will endeavor to recover the unpaid debt.
Implications of Non-Payment. Again, if you are struggling, or feel that you will struggle, to meet your re-payment date, we recommend that you contact the lender in the first instance. If you do not, then you could risk the details being included within your credit report. Where you miss a payment entirely, you will often incur a charge/fee that will be added on to the total amount that you owe. Upon a missed payment, lenders will often try to contact you by telephone or letter in order to recover the funds and they may be able to arrange a new re-payment date with you.
Late Payment. Where you feel that you will be late making a payment you need to contact your lender as soon as possible. You may be able to re-arrange your payment date for a more convenient time (this would mean incurring a charge). Some lenders may charge you a late payment fee, which will vary between lenders and could range between ￡1 and ￡100. For more information on what to do if you feel that you will be late in making your re-payment, please refer to the terms and conditions included within your loan agreement. Grazr.
* Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
* Please note that not all lenders are capable of providing 10 minute loan transfers.