As with most things in life, nothing is certain and the same goes with applying for loans. The majority of people that apply for a wage day advance are accepted by lending companies, but there are certain factors that are taken into consideration.
It is not good for your credit rating to apply for loans that you think will not be accepted, so it is important that you tick the following boxes:
- You are over 18 years
- You take home £500 or more each month (this amount may vary among lenders)
- You have an active bank account
- You are a resident of the UK
If you do meet the criteria, then the likelihood is that you will be accepted to for a loan.
It is important to understand that the amount of money that you may be offered will vary depending on your circumstances.
How to get a wage day advance
To apply for a wage day advance you simply need a computer and an internet connection. Most lenders offer an easy online application service in which you need to enter your personal information that is processed within minutes.
Different lenders will have different criteria in terms of what supporting documents you will need to provide during your application and they will have different lead times on application results.
It is a lender’s duty to ensure that their applicants borrow money responsibly, so you must be honest in your application to avoid getting into debt.
Before you apply for your loan, you should think about how much you really need and how much you can realistically pay back within the given amount of time.
Choose Loan Moneytree
If you fit the bill for a wage day advance and would like to go ahead with an application, Loan Moneytree offer a hassle free service that will allay your money worries.
We understand that, from time to time, we all have financial worries and it can be embarrassing asking family and friends for help. Our experienced customer service advisers will handle your claim delicately and we will always do our best to make your application a success.
Loan Moneytree work with a number of lenders so that we can match each loan applicant with the most suitable lender. This means that if you have bad credit or have been refused a wage day advance in the past, we may be able to secure a loan for you.
Once you have filled in your application with us we will let you know in a matter of minutes if you are successful. If approved, you can look forward to a simple repayment plan that will not cause further stress. It is important that you meet your repayments on time, and that you read our terms and conditions before applying for a wage day advance.
To apply for your loan today, simply fill in our easy online application form today and you can have money in your account in no time.