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Get A Wage Day Advance With These Tips For Getting The Best Loan
February 16, 2017

Everyone’s had one of those days. Maybe you’ve been presented with a huge car repair bill or your appliances have started to break down.

Whatever the reason, you’re going to need some extra cash to cover the additional expenses.

There’s plenty of loan options out there, but not all of them will have your best interests at heart. If you’re at a loss as to who to go with, the guide below, will help you choose.

Decide on how much you need

The first thing you’ll need to do is work out how much money you’re going to need from a lender. The amount you need will affect who you’ll want to borrow from, as some lenders will only lend out so much cash at a time.

If you need a larger amount of money, you may need to borrow against your home. Keep this in mind before accepting any offer of a loan, as your home would be at risk if you don’t keep up with the repayments.

Investigate lenders other than your bank

If you’re in need of a wage day advance, then your first thought was probably to go to your bank.

Sometimes they can be the best option for a loan, but it depends on how soon you’ll need the money.

Banks can be slower in their process, and they may only loan out higher amounts of money that you don’t need.

Instead, look into other lenders. There are plenty that are based online, or outside of the banking system. They may be able to give you the flexibility you need.

Read reviews of potential lenders

Once you’ve seen a lender you like the look of, don’t just jump into a deal. You want to make sure that you can trust that company to uphold their end of the contract.

Read around online and see what past customers have to say about them. You often have to take reviews with a pinch of salt, but it’ll give you a good idea of who they are and what they’re like to do business with.

Use comparison sites

Looking for a good deal on your wage day advance? Then there’s plenty of comparison sites out there you can use.

You only have to put in your information once, and you’ll get hundreds of quotes back.

It’s a real time saver, when time may be of the essence. Here at Loan Moneytree, we compare over 40 lenders that you can choose from.

Ask family and friends

Your family and friends are one of the quickest ways to evaluate a lender. Ask if they’ve ever borrowed from the company you’re considering, and see what they say. See if there’s any other places they’d recommend.

Are you looking for a wage day advance? Loan Moneytree can help you find the right deal. Compare lenders, and avoid high fees with payday loan companies. You’ll be amazed at how much you can save on your loan.

Consumer Advisory:
Loan Moneytree is a loan matching service. This site will submit the information you provide to a direct lender. Upon loan approval, a direct lender may require further information from you which will be collected after we transfer you to their website or they may contact you via phone or email.

The operator of this site is not a direct lender. Loan terms, conditions and policies vary by lender and applicant qualifications. Late or missed loan payments may be subject to increased fees and interest rates. Not all lending partners offer up to £2,000 loans, and not all applicants will be approved for their requested loan amounts. Loan repayment periods vary by lender also. Lenders may use collection services for non-payment of loans.

Not all borrowers will qualify for a loan, the operator of this website does not engage in any direct consumer lending, we simply provide a FREE loan matching service to the public.

Representative Example:
Amount of credit: £850 for 11 months at £146.30 per month. Total repayment of £1,609.25. Interest: £759.25. Interest rate: 150% pa (fixed). 277.6% APR Representative.

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*Fund transfer times may vary based on the matched UK money lender, time of day applied and your bank.