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Simply because we compare and match you to over 33 loans and can help you understand how the lending company will view you and your application before you apply, meaning you are more likely to get accepted for a loan first time. We want to show you loans from as many lenders as possible, so that you can choose the one that suits you best. We cant promise to have loans from every single lender, because some lenders dont want to be included in our Eligibility Checker tool.
We show you a list of loans from the highest eligibility score to the lowest, so you can easily see which loans youre most likely to be accepted for. You can find out more about how we work here. How our site is paid for. We like being straightforward at MoneySuperMarket, so we want to let you know how we get paid. How do we make money on loans at MoneySuperMarket. For unsecured loans (also known as personal loans, where someone simply borrows money and commits to paying it back month by month) when fair credit rating personal loans clicks on a loan, applies for a loan or enquires about a loan through MoneySuperMarket, we usually get paid a fee by the loan company.
We've set this site up to help you compare payday loans, as we can't fair credit rating personal loans to know what your mates will make you repay. There's been lots of bad press about payday loans in the past year, but thankfully tighter regulation and new rules on charges and interest rates have helped to bring some kind of respectability to this highly specialised market place.
A Quick Overview of a Payday Loan. Once you have compared the different companies and chosen one, then you need to complete their online application form. After about 4 or 5 minutes this is submitted and in most cases you will get an instant answer.
If you're successful, the money gets transferred in to your bank account and you get emailed all the terms and conditions of the loan, including when it needs to be repaid by. Loans can typically last anything from 3 days to more typically 14 days, but you are allowed longer repayment periods.
Repaying your loan is simple as many of the lenders use what's called a 'Continuous Payment Authority'.
If you have further questions, we invite you to contact us at anytime. We look forward to helping you solve your financial troubles. WHEN DO I REPAY THE LOAN. Loan repayment terms differ by lender. Thus, it is important to check the loan agreement from your lender for information on the lender's repayment terms. IMPORTANT CUSTOMER INFORMATION. Personal loans differ from other types of loans, such as home mortgages or automobile loans.