As the name hints at Payday Us are a company who specialises in offering consumers payday loans. They offer loans that last 1 month and are designed to tide people over in a financial emergency.

Payday Us set up their business to allow people to borrow between £50 and £1,000 to spend as they needed to. Examples of what people use the service for include paying for things like getting their washing machine or car repaired. Travel expenses in an emergency, for example getting across the country or abroad when a relative falls seriously ill. Covering urgent bills when one member of the household loses their job. The list of situations where the short term loans they offer are invaluable is endless. We can all think of situations where having a small emergency fund to dip into would have saved us a lot of stress and hassle.

What Is Needed to Use The Payday Us Service?

To qualify to use the Payday Us service clients have to be aged over 18. They need to have a job that pays them over £500 a month and have a bank account with a debit card. Currently they do not offer their services to people whose income comes from a private pension. Expats, even those with UK bank accounts cannot use their service, you must be a UK resident.

To use the service clients need access to the internet, and because the information that is keyed into the form is of a sensitive nature it is wise not to use a public computer. Their database is secure, but the last thing you need is someone behind you copying your details from the screen as you type them in.

Payday Us aim to process all applications within an hour and credit your bank account with your loan within an hour. On the date you are paid the amount you borrowed and the interest owed is automatically debited out of that same bank account. If you do not have enough credit in your account your bank will usually still pay them, which can leave you with an overdraft.

Payday Usprovides a really easy way to secure short term loans. Their service enables people to get loans in emergency situations.