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Wageday Advance Reviewed

Securing an advance on your wages has become a great deal easier in the UK

. As you will soon discover when you do a search online for payday loan facilities there are several companies that you can use. One such company that is worth considering to use is covered in this Wage Day Advance review.

Loan companies that offer a payday loans service are few and far between in the UK but the lender mentioned above is one of them. Applying for a loan has been made very easy: you simply use their secure online application form. In case the application has been approved, the money will be deposited into your bank account free of charge. It is possible to have the funds transferred on the same day that your request has been approved, however this involves an extra fee of 15.

Apart from providing traditional type payday loans you will find that they offer other pay day loan facilities. The others that they offer include a re-loan service where you can take another loan out for the same amount as previously requested, or even higher, after the original loan you took out has been paid off.

They also provide a loan facility that they call a rollover service to their customers. The idea is that upon the discretion of the company, you are allowed to pay back the loan one month later than was decided in the first place. However this service is not for free: you have to pay interest for one extra month on the original loan you took out.

If you do not have a debit card then do not fear, they can set up a direct debit to collect repayments. Using direct debit means that you do not need to hold a debit card against your bank account. This allows for the company to reclaim the money it has lent you along with interest directly from your account. They offer different size loans ranging from 80 to 750.

To summerise then, we are pro using Wage Day Advance for a payday loan in the UK. There are several reasons to this. If you need cash urgently you can opt for same day transfer, or if you have time to wait a couple of days, there is no transfer fee. There is also the possibility to postpone paying off your loan should you need to. Although we would recommend repaying your original loan and taking out another one in case you need one.

This Wage Day Advance review has not covered all the reasons for taking out a loan with this company, however we can recommend comparing the advantages and disadvantages against other lenders of the same type to get a better picture. This can be done by checking out all the lenders in the UK individually, provided you know who they are, but there is also a much easier and less time-consuming option. Simply check out our website at www.whichpaydaylender.co.uk which does all the comparing for you.

by: Brian B Smith
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