Why “Vivimus Payday Loans UK”?
At “Vivimus Payday Loans UK” we understand the need for fast cash loans. So if you need money quickly, our same day loan service will provide you with the money you want, when you want it. Our application process is quick and easy and approval can be achieved in seconds: you just have to apply; after which, you will usually receive your money within an hour. So if you’re in need of an instant loan, choose us.
What is the payday loan application Process?
Applying for a payday loan online from the UK is an easy three-step process:
If approved, after completing the application you will be directed to the online contract (Loan Agreement) where you can review your loan details and finance charges before you sign.
If the loan agreement was accepted before 2:30pm, the funds are usually wired directly into your account the very same day.*
*Subject to approval times and lender’s policies. In most cases, funds will be deposited the same working day, if approved by 14:30.
Our payday loan application process is quick, clear and easy, you just need to choose your lender and click “Apply”
As long as you meet our lending criteria, you can apply for “Vivimus Payday Loans UK”’s payday loans. That means you have to:
- Be over 18 years old
- Be a UK resident
- Be in some form of employment
- Earn over £500 per month
- Have a valid bank account with a debit card
- Have your wages paid into this account by direct deposit
The easy way of getting fast cash – payday loans
Payday loans are also referred to as cheque advances or payday loans online and are a type of instant short term loan. As a borrower, you will receive a loan and repay it to your lender with interest on your next payday.
These loans are ideal for individuals who are laden with unforeseen expenditures. These may include:
- car repair bill or even
- an air travel expense for an emergency visit to family members or friends.
- medical bills
- or utility bills payment
In such situations, payday loans are much more convenient than paying by credit card or borrowing from friends or family members.
With a instant loan, you get to borrow money in a respectable and decent way, and pay it back with interest.
All you would need to submit is certain personal information including your name, residential address and bank account details.
If you are worried about the company conducting a credit check on you before granting approval, find a finance site which does not. Such sites can provide loans of up to £1000 instantly and without performing credit checks.
Payday loan shops
There are thousands of payday loanoutlets that you could contact for a loan in the brick and mortar world. However, if you fail to find a good company on land, the internet is always an option. There are many payday loan sites available online to provide you with easy financial help. It is easy to obtain your payday loans over the internet from online money lending sites. With these sites, your loan will typically be approved within minutes of applying for it. You will thereafter receive your cash in a few hours. You can easily write out a check which you may later cash in on payday, so as to immediately avail the amount the check is for.
If you have bad credit, payday loans are just the option for you. However, you will have to contend with instant loans at much higher interest rates than the regular loans. It is important to take care when taking up payday loans so as to avoid getting trapped in a debt cycle, from one payday to the next. You should therefore avoid rolling over your repayment at all costs. What’s more, you should only take out a payday loan if you are sure that you will afford to repay it when due.
What is Instant loan?
Instant payday loans are usually approved for amount £100-£500 for first time borrowers. However, the maximum approved at “Vivimus Payday Loans UK” for instant payday loans is £1,500. The approved amount depends on fulfilling certain conditions. There are regular employment, presence of current checking account and minimum 18 years of age. In addition, your minimum monthly payment should be £1000. These are requirements are easy to fulfill and usually most of our applicants get easy approval.
All the transactions for instant payday loans take place electronically. The funds are directly transferred into your checking account. On the due date the funds are loan amount is withdrawn. Before withdrawal, you will receive intimation from “Vivimus Payday Loans UK” for withdrawal. If you are unable to pay instant payday loans on the due date you can send a request for extension of loan term. Loan term is usually in keeping with your payday and can be anywhere between 7-18 days. Repayments terms and repayment method for instant payday loans are flexible at “Vivimus Payday Loans UK”.
The amount is transferred into your bank account within 24 hrs of your applying. Fill in a small online application form for instant payday loans. Online method considerably reduces the processing time. You can instantly withdraw the amount and use it for any personal purpose immediately.