Wage Day Advance Review - Free Info Before Applying For A Payday Loan With Them
When considering a company that offers advances on pay
, it is a good idea to look into Wage Day Advance review information. This company offers a lot more than your typical payday company. This company is one of the few that offer faxless payday loans amongst other special services.
This company does not require a credit check like most payday companies do. So, this is obviously a good choice for individuals with less than perfect credit. A poor credit rating will not affect your eligibility for these types of loans. Applicants will simply have to verify their information by providing sufficient identification.
This lending company is also very flexible when it comes to the frequency of pay. The typical requirement is that the individual receives their pay cheque on a monthly basis. But this is not a requirement with Wage Day Advance. They have very flexible terms regarding how frequent an applicant can receive a pay cheque from their employer.
The amount of the loan will depend on a number of different factors. The applicants employment and salary will be taken into consideration. Most payday companies give out advances in increments of fifty pounds. But this company allows applicants to borrow funds in larger increments or smaller increments. So for individuals that are faced with a minor financial crunch, they now have the ability to take out what is known as a micro loan. Or if the need for money is much greater, they have the ability to apply for more funds.
As with all of these types of loans, the individuals that borrow the funds must pay an interest fee. This fee is typically 25 percent but there are companies that charge a lot more which makes repayment very difficult. This company offers the average fees as do most other lenders but they have other perks that other lenders do not provide.
This company makes the application process very easy. Everything can be done online. The process is completely secure and your information will not be shared. All you have to do is submit all of the pertinent information about yourself online as well as the amount of money you are requesting. Your loan will be processed and approved in a short period of time.
It is also possible to take out a new loan with this company, once the old loan is repaid. Return applicants can apply for the same amount of money, they may even qualify to apply for more if they meet certain requirements. The money is deposited into the applicants account. And the fees will be applied once the repayment date has been reached.
When considering a Wage Day Advance review look at all of the advantages it holds over other payday companies. There are many options this company offers that other payday companies do not. It is worth taking a look and seeing for yourself.