How PayDay Loans Work
Payday loans are designed to give you the money you need now without having to wait around for your next pay check. We've all come across those unexpected expenses that destroy our budgets completely. With a payday loan, you can wipe the stress away and take care of all your needs.
How Payday Loans Work
Payday loans are simple to get and simple to pay back. Tell us how much money you need and how much money you make each month. We'll determine how much of a loan we can give you, and then we'll deposit it directly into your bank account. Get up to $1,000 instantly to use on bills, groceries, school supplies, or whatever else you want. Then just pay back the loan with your next pay check.
Who Qualifies for Payday Loans?
Anyone can qualify for a payday loan. As long as you are 18 or older with a valid bank account, we can provide you with the loan you're looking for. Of course, you have to have a job to qualify, but we offer loans for any income level. No matter what you make, we can help you out!
How to Apply for a Payday Loan
When you decide to get a payday loan from us, fill out the application here on the website to get started. We will look over your information and let you know just how much money you can get. The application only takes a few minutes to complete, and it asks for minimal information about your life. If everything works out, we'll be sending money into your bank account right away!
Always be responsible
Implications of Late Payment
Should a payment be made late by the consumer, said consumer may be subject to a late fee, their loan being charged off, collection charges accruing, as well as said loan potentially being sent to a collections department.
Implications of Non-Payment
If a payment is not made by a consumer, said consumer may be subject to a late fee, their loan being charged off, collection charges accruing, as well as said loan being sent to a collections department.
Potential impact to users credit scores
PaydayloansMama does not perform credit checks. We may refer you to certain partners to perform traditional credit checks with your permission and report loan information to the UK credit bureaus. If you miss a loan repayment, your credit score may be negatively affected.
It may be possible to renew/extend your loan. These are not automatically granted, but are considered based on your individual details and cirumstances. Loan renewals will only be granted if doing so is in line with responsible lending obligations. If you miss a payment there may be an automatic loan renewal or extension applied to your account. Extending your loan may result in extra financial fees.