If you are looking for a quick cash injection to tide you over until payday, then instant cash payday loans may be just what you’re looking for.
What can payday advance loans be used for?
You may have had an unexpected bill land on your doorstep
You may have forgotten an important birthday or anniversary
Your favourite shop could even be having a closing down sale and offering some never to be repeated bargains
Whatever the reason, if payday is still some time off then instant cash payday loans may help provide the answer. If your application is approved, the money is yours to do with as you choose.
The process
Typically you can apply for an instant cash payday loan online and receive a very fast decision. A full credit check may not always be carried out and your application could still be successful even if you have had credit problems in the past.
As part of the application process, you will be asked to provide the bank details of the account into which you want your loan paid. This account will also typically need to have a debit card facility, as this is the way that the repayment will be taken from the account on the payday that you specify.
The charges
Once you have decided on the length of time you want the loan for, ie. repayment on your next or next but one pay day, then you should be able to see exactly what interest and any other charges will be applied to your loan.
That’s really it
Following a positive decision to the application, if your bank can accept fast transfers the money could be in your account within a few hours. If your bank cannot accept immediate transfers, then the money will usually be in your bank account on the next day.
On your payday an automatic debit card transaction will be applied to your account to make the full repayment.
New customers
As a new customer, you may find the first few times you apply that the amount of money you can borrow is limited. Each time you successfully complete the repayment of instant cash payday loans, you may find that the next time you will be able to borrow slightly more as you build up a relationship with the provider. However, do note that many payday loan companies will not encourage very regular borrowing this way.
