» Compare New Companies and Loan Lenders
If you’re looking for new payday loan companies, you’ve come to the right place! Our company is a direct lender of new loans. There are several reasons why to prefer our service over others. The main reason is that we have the lowest APR interest in the industry. In fact, ours is under 800% APR while our competition is well over 1200%. These competitors, such as Sunny and Wonga, are far more expensive than our service.
What to know before you start.
Many people who need to borrow from new payday loan lenders actually have bad credit. First, do not worry about your history, because we do not even check it. Second, if you have a job we can pay you. Third, if you have any other form of monthly payment you rely on, we can pay you.
Aside from having poor credit, what else do you need to know? New payday loans bad credit lenders are for people who are unable to borrow normally — but these are smaller and are only necessary until they get their next pay cheque. You can borrow like this for a week, or for months.
This kind of borrowing is something that isn’t to be taken lightly. They can be awfully expensive. Even though we have the cheapest of the bunch, it is still enormously expensive to take out a short term loan. This is something you will only want to do in an emergency situation, where it is a financial crisis and there are no other places you can rely on for finances. The costs are simply too high to make it a repetitive course of action.
Here are a few examples of all new companies
|PDLN||728.9% APR||Best Company|
|Wizzcash||1265% APR||2nd Cheapest But Still High|
|QuickQuid||1294.1% APR||More Costly|
|My Jar||1270%||Average Company|
|Wonga||1509%||More Than Twice Cost of PDLN|
After reading this list, why would anyone use another service? We clearly have the cheapest interest, no one else is even close. We’re able to offer this deal because we happen to be a direct lender. When you use PDLN, you skip the middle-man and deal directly with the source of funds. This gives you the best deal you can possibly find when looking to borrow money.
Another issue that concerns those who seek to borrow is the issue of whether the business behind the lending is a broker or direct lender. This affects many things through the process, it can slow your request down as you deal with a middleman, it can also make the process cost more as a broker will typically shop your application around to get the highest commission on their deal. Rest assured, when you’re dealing with PDLN, you go direct and thus you save money and time.
When you are ready to being processing your application, have a few bank account statements available. This is necessary for us to be able to process your request. With the right documents, we can wire cash to your bank account within minutes of submissions. Our UK company has invested a lot into infrastructure to make your wait time as low as possible.
What is your need for immediate cash in the UK? There are a number of reasons people need to apply to a UK business such as ours for emergency funds. Whether your car has broken down or there was a temporary crisis preventing you from work, we are here to help.
Finally, let’s talk about your borrowing history. If that is preventing you from applying, don’t worry! We do not even perform a history check. The reason is that we rely mainly on your employment as a source of verification for your ability to repay. Though a riskier proposition (hence more expensive), we are still able to lend money to you. We look forward to seeing your request and acting on it immediately.