Frequently Asked Questions

1. Payday loans online: why do I need them?

An unsecured short-term loan also known as a payday cash advance is a certain amount of money provided by the lender. Often it has to be repaid by the borrower before their next payday. Online payday loan services help their client deal with complicated financial situations and small expenses.

BritainLoans makes sure the borrower can get the best British payday loans online. The online application on the website helps customers avoid unreasonable fees and late payments. This is achieved thanks to an advanced system that performs all transactions. It automatically deposits the money to and from your bank account. No bills. No rush.

2. How much money can I borrow?

To determine how much money the borrower can get, online lending companies have to check his or her personal data first. This is the reason it is important to mention all the necessary information in the online application.

Additionally, it is possible to increase the subsequent payday loans if the borrower proves to be a reliable party. The amount of money that can be borrowed can also be influenced by the policy of each particular lender as well as local laws.

3. Am I qualified for a payday loan?

Thanks to BritainLoans it is a lot easier to qualify for a payday loan. To make sure you are qualified, check in with the requirements each borrower has to meet:

  • be 18 years old or older
  • be a resident of the UK
  • be employed and have a regular income
  • have a valid bank account

4. How can I apply for payday loans in the UK?

The essential step is to fill in an easy application and submit it. The process is online so it will not take too long to learn the decision of the online loan provider. Once your application is approved, you will be notified via email of by phone. You can learn about all stages of the process if you read how Britain Loans service works.

5. What information is necessary to complete the application?

The online application requires you to mention banking details, employment confirmation and certain personal data (e.g. full name contact information).

6. Will my personal information be protected?

Britain Loans does everything possible to secure and protect the personal information of each client. the company uses various security measures and encryption technologies (such as Secure Socket Layer) to make sure none of the personal data will be disclosed and ill-used.

7. Do I have to take out a payday loan advance after I applied for it?

As a client, you have the right to decline the payday loan request. If you are willing to proceed to the next step, you will be asked to officially verify the loan agreement and give your consent to follow the terms and conditions of the particular lender.

8. Can a bad credit score prevent me from getting a payday loan?

The Company works with online loan companies who are ready to consider your application even if your credit score is low. Even if you were rejected by the lenders before, BritainLoans can significantly improve your chances of getting approved for a payday loan online.

9. Do I have to fax any documents?

One of the advantages of using BritainLoans is that the company does not require you to fax personal papers.

10. Can I take more than one cash advance at once?

According to term and conditions of the Company, it is possible to apply for a new payday loan only after the previous one was fully repaid.

11. When can I get the requested payday loan?

The approval process takes place in the real time. This means that the client can access the requested money within 24 hours.

12. How can I know whether my payday loan application was approved or not?

All clients get an email notification right after their application was reviewed.

13. When do I have to repay the cash advance?

The repayment is scheduled on the next payday of the borrower.

14. Can I repay the payday loan earlier?

If you want to repay the money before the aforementioned deadline, you have to directly contact your particular lender. In this case, it is possible to get a loan fee refund.

15. What should be done if I can’t repay the payday loan in time?

In case the borrower has no means of repaying the payday loan by the due time, they can directly contact the loan provider.