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 largely 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 1,000,000 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.
Invisible Expenses Poking Holes in Your Budget
September 23, 2018
If you compare your income and expenses every month and canít seem to understand where your money goes, you have invisible expenses.† According to debt advice firm PayPlan, over 50% of our spending goes unchecked. A recent study by the firm revealed that 52% of shoppers in the UK donít track their bank balances. The study which involved 2,000 respondents uncovered...
The Evolution of Financial Problems in The UK in The Past 50 Years
September 20, 2018
A lot has changed in Britain in the past five decades. Our focus here will be on the major financial problems which were nonexistent 50 years ago. These problems include; identity theft, insufficient pensions, and high household debt. For every financial problem, we have compared past and present situations. Weíve also gone further to advise consumers keen on protecting...
Low Wages in the UK Means More Universal Credit Claims
September 18, 2018
Hundreds of workers in Essex and Suffolk are making Universal Credit (UC) claims as their wages dwindle. Workers from these areas canít afford to live on their wages alone. There is a shocking increase in in-work UC applications due to rising housing costs and decreasing wages. In some areas, in-work claimants represent approximately 50% of the entire claimants...
Going Green on a Budget: Quick Guide
September 15, 2018
Recurrent expenditure like household bills may be part of the reason you find yourself over-dependent on short-term loans like payday loans especially if your energy bills keep rising. We donít recommend anyone to take out payday loans to cater for recurrent expenditure. Although going green may seem expensive initially, it is an excellent way of saving money and avoiding...
Swift Money Ltd are authorized and regulated by the Financial Conduct Authority (FCA)
Authorization 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.