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.
Since Swift Money launched in 2011 we have processed over 400,000 loan applications.
Due to our Efficient service, our customers look to us whenever they run into financial problems.
We also 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 Do Calendar Events Affect Our Spending
July 25, 2017
Our new infographic is here, and reveals some major home truths about the country's spending! Do you ever feel pressure to overspend on big calendar events such as Mother's/Father's Day, Easter or Christmas? You might not be alone, with over half of Brits going over their intended budget! #OccasionalSpending [caption id="attachment_584" align="aligncenter" width="600"]...
How Falls in Real Wages Could Increase Demand for Payday Loans
July 24, 2017
People use payday loans as a means to tide them over to their next pay cheque in a wide range of situations. For example, they may rely on this type of credit if they are short of money to cover expenses such as rent or mortgage payments and food costs, or if they encounter unexpected expenses like car or property repair bills. More people may be turning to these...
What Happens After the Child Support Agency (CSA) Closes its Doors?
July 06, 2017
The CSA is set to be replaced by CMS (Child Maintenance Service) in a process expected to take until 2018. A number of changes have taken place. For instance, you can no longer claim child maintenance via CSA. All child maintenance claims must be made through the CMS instead going forward. Cases involving child maintenance i.e. if you receive child maintenance via the CSA...
Universal Credit Explained - How it Differs From Existing Benefits?
July 04, 2017
Universal Credit (UC) is a new benefit aimed at supporting UK citizens who are either out of work or receiving a low income. UC replaces; Housing Benefit, Income support, Child Tax Credit, Working Tax Credit, income-based Jobseekers allowance and income related employment & support allowance. You can get Universal Credit if you live in; England, Wales or Scotland. The...
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 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 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.