I have been aware of Early Pay Day Loan for a while now who have been around since 2003. I have been a little reluctant to feature them due to there being a lack of details on their site that is need-to-know information for consumers, but this data has now been recovered. The loan amounts range between £120 and £800 (I believe that new customers are restricted to £400). The interest rate stands at 25% and the available loan amounts rise in amounts of £40 (£120 to £160 to £200 and so on). It states that they may use credit reference agencies and so do expect to be credit checked with them. These payday loans are also promoted as same day loans and there is no additional charge for this transfer noted on the site. EPDL has been around for a good while now and they have recently update their site design, which looks impressive.

EPDL look to be a well rounded payday loan lender that have plenty of valued experience in the payday loan industry. They provide online account management, bad credit is not a problem and it is doesn’t matter if you are paid monthly or weekly. The 25% overall charge is impressive considering that this includes a free same day transfer (many other lenders will charge you for that fast transfer). They also note that no faxing is required and the application is SSL secured. I couldn’t find any direct references to rollovers on the site, although I spotted a review online from a past customer that had rolled over a loan to the next month and so I’ll assume that they do allow them at a cost. The Early Pay Day Loans reviews online are generally positive, with just a few complaints appearing from past customers who struggled to pay back the loan amounts taken.

Charges for a £100 Loan:
Charges: £25/£100 interest + £0 transfer fee

(tags: early payday loan review, earlypaydayloans, epdl loans, epdl review, popular payday lender)