PaydayUK (or Payday UK) take a large market share of payday loans here in the UK. These efficient payday loans can be yours for the amounts ranging from £80 to £750. These cash loans are also coined as no fax payday loans whereby the application is ran efficiently online, requiring no identification on your part and once on board you can login to your account and keep track of your payments from day-to-day. PaydayUK continue to rise in popularity and at this time seem to be locked in a three-horse race with QuickQuid and Wonga. This major payday loan lender does carry out a credit check, but they do note that those with a bad credit rating can make the grade. I would personally have to say that they do happen to be quite strict with who they accept.

PaydayUK are known to have a very responsive and friendly customer service team. They do offer competitive payday loan rates to consumers and will require a £29 fee for a £100 loan. This total charge will include a free Faster Payments Service payment that is also free with their competitor QuickQuid (many other companies charge for such a fast payment). When you apply for a loan with PaydayUK and are accepted, the funds will be paid to your account very quickly, with PaydayUK paying via Faster Payments. All customers must be paid monthly (weekly is not allowed). PaydayUK recently polled a 96% customer satisfaction rate that is certainly impressive. The team behind PaydayUK, MEM Consumer Finance Limited, are no doubt key players in the UK payday loans market.

Charges for a £100 Loan:
Charges: £29/£100 interest + £0 transfer fee

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