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.
How Will Interest Rates Affect Mortgages, Savings And Property Prices?
August 18, 2018
The BOE (Bank of England) has made a decision to increase interest rates to 0.75%. This is the 2nd time in 10 years the BOE is raising rates. The 0.25 percentage increase will affect savings mortgage as well as property prices. If you care to know the exact implications, continue reading below. Personal impact The direct impact of the hike (on an individual level)...
Wonga on the Spot Again For the Wrong Reasons
August 13, 2018
Wonga is in the headlines again for the wrong reasons. Regulators and claims management firms have ganged up against the payday lender, a move which if successful could see the firm wind down. This has happened just when things seemed to get better for Wonga. It has emerged that the lenderís investors had to part with a £10m rescue package dubbed capital...
Investing With No Money Down?
August 04, 2018
Youíve probably heard wealthy individuals say you donít need any money to start investing. This usually sounds too good to be true, but itís true to some extent. Investing is about creativity. In fact, your ideas are more valuable than money. Hereís how to invest with no money down. 1. Consider a trade You can generate money for investing by trading in something...
Shocking Fact: Mortgages Can Be More Expensive Than Payday Loans
July 29, 2018
Did you know; picking the wrong mortgage deal can end up costing you twice what you borrowed? Also, you need high-level qualifications to understand mortgage contracts. Although getting a mortgage looks simple, typical mortgage contracts are more complex than most people think. The truth is; most mortgage lenders love complicating matters which leaves many...
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.