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Payday Cash Advance Loans From Mr Lender
Although Same Day Payday Loans from Mr Lender are unsecured loans, you don't actually get the cash in your hand because the application process is via the MrLender.com website.
It is referred to as a cash payday loan but the money is in fact transfered directly into the customers bank account, usually within 2 hours although not all bank accounts accept faster payments yet in the UK.
The loan is paid back usually a month or so later on the customers payday and is paid back via standing order, direct debit, bank trasnfer the customers debit card (which is linked to the bank account which the loan was deposited into).
No actual cash changes hands during the process of a cash payday loan!!!
The amount of cash (or money) that can be applied for depends usually on what the customer earns each month NET. The average cash which is applied for is around £200 and this depends on whether the customer has had a payday loan from Mr Lender before.
The more times that a loan is repaid back, the more money that customer can borrow in the future, subject to the customer earning enough money each month.
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