Payday Solution
| Some quick information about our Payday Solution review. | |
| APR (%): 920% typical | Loan Amount: £1,000 (up to) |
| Typical Charges: 30% | Additional Charges: N/A |
| Credit Check?: Unclear | Debit / Bank Required?: Yes |
| Payment time (estimate): Same day |  |
What you need to know:
Payday Solution offer short terms loans up to a value of £1,000. They have a professional web presence and a secure application form. There interest rate charges at 30% are slightly higher than average. They also require consumers to send various forms of identification with their payday loan application.
Criteria:
When applying for a payday loan with Payday Solution you need to provide a form of identification e.g. Driver’s license before your application will be reviewed – this is a compulsory step. You will also need to provide proof of income and proof of address.
Customer Service and Complaints:
The main complaint with Payday Solution is the need to provide additional information with an application form. However, on the whole, consumers appear to be relatively happy with the standard of service on offer.
Overall:
Payday Solution offer a standard payday loans service to consumers however we believe there are better alternatives out there – please see Wonga, Quick Quid, Txt Loan or Mr. Lender for more information.
