NOTTINGHAM, England, October 23, 2013 /PRNewswire/ -- Why is it different? We're an exciting new breed wageanyday.co.uk is an online lender offering installment loans. People always face different situations in life, for instance, each of us may encounter shortage of certain money amount over some period of time. A person may have a necessity to pay off the debt urgently, make the rent payment, buy some expensive commodities, go on a holiday abroad or may simply be short of cash until the next payday. In this case, the first time loan or the subsequent loan may help. The loan can be chosen with the help of wageanyday.co.uk pointing you in the right direction. Why is it better to take the payday loan instead of going to the bank? The bank will necessarily require the documents to prove your creditworthiness; you will be required to bring the proof of employment and income as well as other documents. Express loans, in turn, make it possible to obtain the loan even for pensioners or students and unemployed people in the shortest possible time. The money is transferred into customer's account very quickly; the transfer may take from 15 to 60 minutes. Thus, the payday loans can quickly and easily solve the lacking sum of money problem without much hassle. What is a payday loan? A 'payday loan' refers to borrowing a small amount of money and paying it back with interest on your payday. The payday is usually when you receive your salary, typically the last Friday of the month. Standard payday loans range from £100 and £1,000 and are paid back in one lump sum in either 14, 21 or 28 days. A 'payday advance' is another way of saying 'payday loan.' With a payday advance, you are getting an advance on your wages and then paying it off on your next pay date when your salary comes in. Like a payday loan, you will typically receive your cash advance in one lump sum and then pay it off at the end of the month with the added interest.
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