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Payday Lending

  1. 1.2 million people took out short term loans in 2009, rising to 1.6 million in 2010.
  2. 4.8 million loans were paid out in 2010, resulting in a total lending of £1.6 billion. Early forecasts have predicted at least a 30% rise in total lending for 2012.
  3. IRN Research predicts the number of borrowers could potentially rise by 40-45 per cent in the coming years.
  4. Demographic information for the average payday loan borrower:
    1. Tech savvy and 25% have either an iPhone or high spec Android device.
    2. Are used to using overdrafts and credit cards for short term debt and payments.

Why Choose Us?

  • Direct Lender
  • No Payout Fee
  • No Hidden Costs
  • Fast Online Application
  • Multiple Repayment Options
  • 100% UK Based
  • Fully Authorised by the Financial Conduct Authority
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