The process is simple: navigate to our Apply Now page and follow the instructions to complete the form to apply for our payday loans.
No Credit Checks
Yes, you read that properly: no credit checks. By that individuals suggest that people try not to execute a Credit seek advice from some of the Credit Reference Agencies, such as for instance Equifax or Experian. Applications are finished and accepted via a secure and safe type and we now have our very own systems for scoring the application. What this means is that you don’t need to worry about making a negative imprint with any CRA since we’ve no credit checks that could influence your rating.
Approval Process
After the kind is submitted, our Automated Decision motor operates through different checks and balances to present us with this very own scorecard that is internal. An outcome will be came back and, if good, you certainly will immediately be notified. Our Underwriters then ratify your choice that may or may well not include further checks. An offer will be proposed for you together with the appropriate SECCI and offer paperwork that is electronic.
Representative APR
Note we recognize that the APR percentages in your offer may look extremely high but at Weeloans payday advances we wish that will help you determine what the APR percentages suggest. The total repayable cost is ВЈ124 with an interest amount of ВЈ24 to be paid back with an APR of 1296.7 % (per year), a typical example shows that if you borrow ВЈ100 until your next payday.
This equates to simply 0.8per cent for bad credit loans. Maybe maybe perhaps Not really quite high anyway when comparing the attention an overdraft or bank card by having a bank that is major attract.
That do we provide to?
The loans ourselves are direct from Weeloans that we provide. Continue reading HOW IT OPERATES