How can I apply for one of your fast payday advance products?

You simply fill in the online form then we will tell you there and then if you have been cleared to borrow, there is no waiting around as there is no credit scorecheck needed to be carried out on you, after you have been accepted you then just enter your bank details and also debit card details so you can repay us and then just sign the form online, no faxing is required, or posting of forms too, we will transfer your money into your bank account the same day too. The whole process takes only 2 minutes so very quick for you. Some banks take 48 hours to accept our bank transfer, please be aware of this when your applying for a fast payday advance with us.

Am I ok to apply if I have bad or poor credit rating or finance arrears?

You can yes, we accept most applications even if you have bad or poor credit, mortgage and loan arrears too, even CCJ's and defaults are no worry to us, we accept over 99% of all applications done with us as long as you meet our guide lines and criteria.


What is the amount I can borrow from you?

You can borrow from just £80 right upto £750, this will depend on your present satus. When you apply we will tell you how much you may lend from us. The charge is a flat £25 per £100 borrowed, thats all there is. See examples below of the charges for the products we have.

What are the charges to borrow and how much may I borrow?

You can choose to borrow anything from £80 upto £750 for quick payday loan, this depends on your present situation. When you apply we will tell you how much you can lend from us. The charge is £25 per £100 borrowed, thats all you will pay. See examples below on our borrowing charges.

APR's are a very good way of comparing similar styled products but are not clear when comparing different financial products. The table shown below explains how it all works very clearly :

As you can quite clearly see the APR for the two instalment loans or our service are exactly the same but the actual interest you pay as a % of the loan is quite different, and a lot lower too with a pay date service.

You could also compare our services against an unauthorised bank overdraft your bank charges. The UK banks do not have to quote APRs for your charges on unauthorised lending but the example below shows how APR works for going overdrawn just a bit, even by £10 and being charged a rather big £25 charge for doing so as well.

This is why we make it quite clear how much you shall repay in total rather than on just the standard APR figure.

With MEM Consumer Finance Ltd, they are always looking to improve their service for you and to do everything they can to make sure you the customer get the highest service when taking out their products. If you're not entirely happy with the service we have given you then we would like to hear from you so we can provide a better service in the future to all our customers.

How do you repay the amount borrowed?

We will take the repayment from the debit card you entered when applying on the date of your pay day for the agreed amount, you don't have to do anything else, please make sure you get the correct pay day when entering your details.

Are you allowed to delay the repayment?

We understand you may have an circumstances that change which means you are not able to repay your pay day loan back on your next paydate tat you entered. You will have to repay the charges then we allow you an extra month to repay the amount we sent to you, if you feel you may need to delay paying it back please contact our customer service on 0871 550 0076 and we always promise to help in this situation.

How do I find out if I will qualify for one of your fast payday advance services?

To qualify for our fast payday advance you need to have the following criteria laid out below:

1. Be over 18 years old.
2. Be in full time employment.
3. Take home pay always more then £750.
4. You have a UK bank account and with it a UK debit card.
   
   

My UK debit card, pay day ad or my bank account details have changed since I took out your pay day loan with you.

If the day you get paid changes or there is an issue, or you may have a new debit card from your own bank, just contact the customer service section by calling the telephone number 0871 550 0076 or emailing us too as soon as you can and they will make the required amendments to your file case and work something out.

What if I come into trouble with paying what I borrow back?

We appreciate people's status can change on a weekly basis. If this is the case with yourself, if you let us know straight away and we will do our best to help solve the issue you have.

• Contact us asap and we will always help.

• What's the advantage of taking out this service with you.

You can apply in just 2 minutes
No faxing is ever needed.
Money is transferred to you same day.
No credit check is ever carried out.
Instant fast decision online for you.

What time are your services open to me?

You can apply online 24 hours a day 7 days a week for our products and services.

The customer service department is open for you from 9am - 6.30pm Monday through to Friday and from 10am to 4pm on a Saturday on the weekend for your service.

How shall I contact yourselves?

If you need to contact us at point you can always contact us here at MEM Finance customer service team with any of the following details below with your question:

Call with: 0871 550 0073
Email with: customer.services@paydaynow.co.uk
Post with:
Payday Now
PO Box 255
Bicester
Oxfordshire
OX26 4ZY

Please contact us if you have any questions on any of our products or services that we offer.