My Pounds Till Payday

What you need to know:

The main problem with applying for a loan through My Pounds Till Payday is the extra layer of verification required by the company in order to receive your payday loan. While MY Pounds Till Payday provide a very legitimate payday loans service a number of customers have complained about having to send additional documents in order to verify their applications.

Each application must be verified either by phone or the live chat facility. One useful feature of My Pounds Till Payday is the opportunity to apply via SMS or Text Message. Once your application has been verified you will be required to provide a digital signature.

The 30% fee includes the transfer fee (sometimes the interest rate may be low on an application and companies charge and additional fee on top of the standard interest fee). My Pounds Till Payday are completely transparent with regards to what you have to pay. The verification process adds an extra layer of security to your application.

Criteria:

In order to apply for a loan with My Pounds Till Payday you must have a minimum take home pay of £333.50 per month after tax. You must also be over the age of eighteen years old and have a UK Bank Account and debit card linked to this account. Your salary must also be paid into your designated bank account.

Customer Service and Complaints:

The main complaint from consumers revolves around having to provide additional information. Some consumers have complained about the lack of response from My Pounds Till Payday and are under the impression that the company is no longer trading. We can confirm that My Pounds Till Payday are still trading.

Overall:

We are quite impressed by My Pounds Till Payday and consider them a recommended lender. While we believe there are superior services out there in terms of service e.g. Wonga and Quick Quid, My Pounds Till Payday are a very worthwhile alternative.