Payday UK
| Some quick information about our Payday UK review. | |
| APR (%): 1737% typical | Loan Amount: £750 (up to) |
| Typical Charges: 25% | Additional Charges: N/A |
| Credit Check?: Yes | Debit / Bank Required?: Yes |
| Payment time (estimate): Same day |  |
What you need to know:
Payday UK is the trading name of MEM Consumer Finance and is one of the largest and most reputable lenders in the UK. Payday UK offer loans up to a value of £750 and charge an industry standard rate of 25% on all applications. Payday UK has a very easy to use Payday Slider on their homepage which makes it very easy to understand exactly how much you will be due to repay on your loan and when you will need to repay it.
Criteria:
To apply for a Payday Loan with Payday UK you must have a UK bank account and valid UK debit card. You must also be over the age of eighteen years and in full time employment. How much you can borrow depends solely on the information you provide and your monthly income. New customers are unlikely to be able to borrow up to the value of £750.
Customer Service and Complaints:
There are very few complaints about the standard of service from Payday UK – they stand in line with Wonga, Payday Express, Quick Quid and Txt Loan as one of the more established and reputable lenders in the UK.
Overall:
Payday UK offer a very reliable service and are a recommended payday lender. There are no hidden charges and everything is upfront and transparent. MEM are a very trustworthy company and very easy to deal with.
