Rate this payday lender
Swift Money
| Rollovers | Yes, upto 2 times after which they ask you to reduce the balance. You will be charged an extension fee of £25. This can be added to your loan. |
| First Loan Amt | up to £300 |
| Finance Charges | 30% (20% for discounted plan) |
| Other Charges | £25 if the loan is required on the same day (CHAPS transfer) and £25 for rollover |
| Documents to be Faxed? | They ask for documents for their discounted plan: 1. Proof of I.D (Passport or Driving licence acceptable) 2. Your last payslip 3. Your last bank statement, showing your wages being debited 4. A utility bill dated within the last 30 days 5. Your ‘hand signed’ Credit Agreement In addition, discounted plan is only valid for 1 month. If you extend, discounted plan is not valid for you. |
| Typical APRs | 2229.81% (791.61% for discounted plan) |
| Payment Cycle/Frequency | 30 days |
| Advertised Loan Amts | up to £500 |
| Credit Checks | No |
| Salaried? | Yes |
| Bank Account | Yes |
| UK Resident | NA |
| Above 18 Years of Age?? | At least 21 years required |
| Getting Salary by Direct Debit | Yes |
| Minimum Monthly Salary | £900 |
| Repayment Options | Direct Debit |
| CHAPS Payment | Yes |
| BACS Payment | Yes |
| Time Deadline for Sameday Transfer | 1pm for application to be sent and 4pm for credit agreement to be received |
| Association | NA |
| Location of Business License | UK |
| Registration Number | 6265585 |
| Company Name | New Forest Finance Ltd |
| Consumer Credit License Number | 604689 |
| Security Certificate | No |
| Privacy Policy | No |
| SSL Certificate | No |
| Live Help | No |
| FAQ | Yes |
| Phone Support | Yes |
| Yes |