Faqs

1. What is a Payday no document loan?

A payday no document loan helps the borrowers to meet their emergency expenses that have crop up in between two paydays. For availing this loan, the borrowers do not have to submit their important documents. For this reason, they are well-known as payday no document loan.

2. How much money can I get form this loan?

You can borrow the amount ranging from £100 and £1500, depending upon your expenses and monthly income.

3. Is it possible for the borrowers with bad credit history to avail this type of loan?

Yes, borrowers with bad credit score can avail this type of loan, as current financial status and ability to repay the loan is considered during the approval.

4. What is the repayment time period?

The repayment of payday no document is depended upon the borrower’s next or upcoming payday. In case, if the borrower fails to repay the amount then heavy penalty is charged.

5. Is it possible to roll the loan amount over?

Yes – you can roll the loan amount for more than 2 times but you are required to reduce your balance.

6. Can I have more than one payday no document loan at the same time?

No, at a specific time period, only one payday no document loan is approved before another can be granted.

7. What are the important credentials that will need?

• Applicant’s name and address proof
• Two contact phone numbers and valid email address
• Income details
• Applicant’s bank account details

8. When will I get the loan amount?

Once the loan amount is approved, the borrowers can avail amount. Usually, the total time ranges from 24-48 hours.