Wages Today offers anything up to £400 with an APR rate of 1286.2%. Therefore it is clear that they offer a competitive APR rate, and offer a reasonable amount of money which should be able to help those out who are in need of an emergency payment. Typical charges is around 25% on the amount of money that you have borrowed, therefore once again they are a company that is very competitive, they are similar to many other companies and are not charging excessive amounts. Wages Today’s website provides an example; if your loan is £80 you would have to pay back £100 within a 31 day term.
Payday loans from Wages Today
However it should be noted that this company has a reputation for requiring a lot of documentation before you are able to secure a loan, although they do offer good amounts of money and do not charge in excess, the documentation requirements could be a problem, therefore make sure you are prepared before you embark on the online application process. Although the documentation that is required is not so bad, you are required to fax, post or email two up-to-date bank statements, a copy of a form of valid identification for example a driving licence or passport, two utility bills, a copy of your debit or cheque guarantee card (both sides need to be photocopied) etc. So you must be prepared for this, it is best to ring up the company to make be sure of the exact requirements that may need to be provided, or whether any exceptions can be made for you.
Bad credit loans with instant payment
To sum up, this company defiantly has a good reputation, especially for their APR rate, however you must always bear in mind that they are quite strict on the documentation that is required, so make sure you are always prepared for this.