We are committed to responsible lending
The aim of the service we provide is to make sure you are in charge of your own cash flow when an unexpected financial emergency comes up. Read on and we will tell you why we are different from the more traditional lenders and learn about how we will treat you when you are one of our customers.
Flexible loans
We give our customers the opportunity to tell us exactly how much cash you would like to borrow from us. This is down to the exact pound and for the exact length of time. We will not try to make you borrow more than you need or pay, for a longer period of interest. Obviously, the amounts you apply for and the length of time you borrow from us, will have an effect on how much you repay. However, we let you alter your loan until you are totally happy with every aspect.
Cash for the short-term
Unlike taking out an overdraft or spending on a credit card, you need to repay us quickly. Once you've done this, you can access our short-term cash advances again. We only give extensions in exceptional circumstances as we do not make money from giving you endless month-to-month credit.
A service that is transparent
We will tell you exactly how much you will owe us before you are expected to sign your credit agreement. We make sure that everything is clear and transparent and show you the full cost of your load, including any interest. We also keep the rate we charge the same, so that you will always know how much you have to repay. This amount will only go up if you do not honour our agreement.
Credit checks
By using advanced credit reference system, we do not have you send documents to us or wait on the phone. Infact the technology we use means that we can give you an answer to your application within a matter of seconds. We will only offer loans to people who we are sure can repay the money to us and we will not loan to those who are not. Every time you repay a loan to PaydayMart.co.uk your credit rating could improve as we tell our credit bureau partner that you have behaved in a trustworthy manner with regard to your loan.
Trust
Here at PaydayMart.co.uk we believe in building trusting and responsible relationships with all of our borrowers. We will not give you huge loans, just secure your custom and as a result we will only offer first-time lenders a certain amount of money up to £400. Once this has been repaid and your trust rating goes up, we are able to offer more money on loans.
Financial guidance
While we offer a lending service, we also give our customers guidance and help on using our service responsibly. We ask everyone to think long and hard about applying for a loan with PaydayMart.co UK and we expect you to pay back your loan on the due date. To make sure you understand this, we detail the consequences of failing to honour your agreement and offer help and advice to anyone who is currently finding their debts hard to manage.
Cost
Here at PaydayMart.co.uk we might not be the cheapest lender, however, we are a fast, flexible and convenient online loan company. So even though you should not borrow from others on a regular basis, we can offer a service that is unparalleled but you do have to pay for it.
We want to make sure you are committed to responsible borrowing
Applying for credit of any kind is not something that you should do without thinking about it. Each and every time a PaydayMart.co.uk loan is processed and approved, it is a serious and legally binding promise between us and our customer. We want every single one of our relationships to be trusting and pleasant and as a result we tell our customers the facts upfront about lending from us. It is up to you to decide if you would like to go ahead and apply for a loan with us, so make sure you only do this if you are confident you can repay your loan on the date that you have stated.
