Will lend between: £80 - £750
Over: 1 - 3 Months
WageDayAdvance customer reviews.
4.2 out of 5 stars
Deliberately don't contact you following a missed payment and so additional interest is charged. Then when you notice on your account that the payment hasn't been made it is too late to change anything. I offered to pay the total amount that was agreed when i originally took out the loan,but all that they wanted was the additional interest because all that they care about is profit and not the customer service and the financial difficulty that i was in when i took the loan. They just make things worse despite acting like they are there to help
I admit my credit rating is not brilliant but Wageday Advance have given me a chance to prove I'm credit worthy not many loan companies would have considered my application
I must say that personally I have had nothing but I fantastic experience using this company. I have used 3 times in 8 months and have found it extremely easy to use and the customer service is second to none,
Always there no matter of time of day or week. Takes all the stress and worry away. Thank you
Applied for a loan today and received the following statement 'We're happy to confirm that you're now a wage day advance customer. You will now receive and sms from us to confirm when your funds will be in your bank account.' What I did get was an email stating I was rejected. Incredibly poor service from an even poorer company. The directors of this mickey mouse company should be thoroughly ashamed of themselves.
A few unexpected expenditures and left myself short. After using wage day advance previously I knew I could rely on them for a quick application then efficient checks and acceptance. The transfer was quick and the repayments spread affordably.
Very good customer service Do what they say and No hidden surprises The payments are on time to exactly what you have been told Thanks for your help
Excellent service 5 minute application money in the bank within the hour.Will definitely recommend to any one . Friendly and helpful people on the phone never had any issues.
When you need a little extra money before payday, they are there to help
Their services is very quick and easy. Simple to understand and faster transfer when are approved
Our review of WageDayAdvance
WageDay Advance offer a representative APR that’s fairly standard within the high-cost short-term market. Unlike other lenders of this type you can defer your loan payments if your term is over one month, however, you’ll still need to pay off the interest that you’ve accrued that month which means in the long run your loan will be more expensive and you’ll end up paying it back later than originally planned. This option isn’t offered for loans over two or three months.
If you miss a monthly payment you will incur a fee of £15, however this will only be charged once and doesn’t apply to loans over 4, 5 or 6 months. To make sure you don’t miss a payment, you can log in to your WageDay Advance management tool where you can see the details of the loan, your repayment summary and apply for another loan if your original one if fully paid off.
As with any high-cost short-term product the usual warning applies. If you have any doubt whether you can afford to repay your loan on time and in full, then don’t apply. By missing or being late with repayments, you will not only harm your credit file but could be subject to a number of fees, which can soon make things very expensive.
Overall verdict: Despite their fairly expensive representative APR, WageDay Advance have received a multitude of positive reviews from their customers. They appear to offer their customers a suite of decent features and repayment options, however if you research the market you’ll be able to find cheaper options.
- No charge for settling the loan early
- Payout can happen in one hour
- Returning customers can borrow up to £750
- You must be aged 18 or over
- You must be a UK resident
- You need to be in employment
- You must have a bank account and debit card
- You salary will need to be paid into your bank account
- Maximum APR 1281.8%
- Arrangement fee: £0
- Early repayment fee: £0
- Late payment fee: £15
WageDayAdvance Customer Question & Answers
WageDay Advance offer high-cost short-term loans between £80 and £750 over a term of one to six months. The representative APR for one to three months is 1281.8%. For new customers you’ll only be able to borrow up to a maximum of £500, however if you can show yourself to be trustworthy, then you’ll be eligible to borrow the maximum amount should you want another loan with them.
To complete the application you’ll need to fill out the form on the website, but you will need to have details of your home address, employment and your bank account details so that WageDay Advance can complete their affordability and creditworthiness checks. Once that is all done, they will contact you with their loan decision, term and amount.
During a loan term of a month, you may have the option to defer the loan repayments for a month by paying the interest only. To have this option WageDay Advance will need to check that you can afford to do so, even then you’re allowed to do this on a maximum of two occasions during one loan term. There are no fees for overpayments or early settlement of the loan, so if you have the ability to do this then simply get in touch with them.
Registration number: 04179322
Wellington Plaza, 31 Wellington St, Leeds, LS1 4DL
Reference No: 672831
Trading names: Wage Day Advance
Place of business: Wellington Plaza, 31 Wellington St, Leeds, LS1 4DL
Data protection registration
Registration No: Z1687106
Data controller: WAGE DAY ADVANCE LIMITED
Address: Wellington Plaza, 31 Wellington St, Leeds, LS1 4DLApply Now