How a Payday Loan works at Cash Central UK

Payday loans are cash loans placed directly into your bank account from Cash Central. A payday loan can be taken for 5 days up to 31 days—usually until your next pay day. When your employer pays you, your loan is easily paid back through a pre-affirmed electronic withdrawal from the debit card you submitted.

Everyday people from a variety of backgrounds use a payday loan for unexpected predicaments, whether that’s car repairs, living expenses, rent, or to avoid defaulting on a cheque (or cheques) at the bank.

Payday Loan Approval

In order to apply for a loan with Cash Central, you must:

  • Have been employed in your current job for three months or more.
  • Have take home pay that is £1000 or more a month.
  • Have a valid debit card registered in your name.
  • Have updated (and accurate) home and business phone numbers.
  • Be a UK Resident.
  • Be 18 years or older.

Payday loan fees can be seen here.

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