Representative APR 49.9%.

Representative Example: Borrow £1200 for 18 months. Total amount payable £1628.28 in 18 monthly instalments of £90.46. Total Interest £428.28. Interest Rate 49.9.% pa (variable). Rates between 9.3% APR and 1294% APR - no obligation quote and APR will be based on your personal circumstances. Loans from £50 to £500 over a 3-to-36-month term. Subject to lender's requirements and approval. *Once approved, your cash could be sent within 5 minutes. The time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures.

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

The Money Shop no longer receives loan applications for fresh or existing customers, so if you have been scrutinizing for the perfect choice for The Money Shop loans, you might be in the right spot. Payday Loans present competitive short-term loans from as small as £50 and up to £5,000 for all new and old applicants, so if you require finding an alternate lender like The Money Shop online, we are ready to assist. We base our fast and personal lending determinations on affordability, so we may be capable of delivering a combination of loan opportunities for you, no point to your financial history.

At Payday Loans UK, we consider offering as many details about loan lenders as The Money Shop alternative. In this article, we will cover The Money Shop UK, the kinds of loans they presented, and the open options. Hopefully, this will allow you to make an educated decision about which opportunity is perfect for you and your financial situation to cover the money problems.

Who Was The Money Shop UK?

The Money Shop was once Britain's most extensive payday advance loans provider on the high street, but they moved into liquidation in August 2019. Since the time of ending, they have no longer received loan applications from fresh or current customers, spurring many people to explore The Money Shop alternative. Thankfully, there is a scope of lenders open who can deliver competitive loans with duration and rates to serve you and your needs.

One immediate lender to think of to The Money Shop alternative s Payday Loans UK. Ever since we began serving online, we have persisted in helping hard-working individuals meet their short-term financial requirements, whether they have an emergency loans position to control or a temporary cash-flow problem. We offer a straightforward short-term loan application method, especially for those with bad credit, carrying a personal path to each application to correspond affordability.

Payday Loans UK serves as a direct lender with their registered office, whereas The Money Shop served as a lender and a credit broker at the same time at their time.

Online Loans Like The Money Shop

To find The Money Shop alternative, we suggest that you shop nearby online before presenting any applications. It would be best to build your measurements and comparisons to all the loan companies to find an option that serves you and provides the most suitable deals. Clients can compare the loan price and time duration between the above two companies, and here, Payday loan gets at the top because of the excellent loan repayments method and the bad credit score loans. You can also compare lenders before you come to decide on the final decision. Here we will explain the basics of implementing a loan from Payday Loans UK.

1.     Flexibility

At Payday Loan UK, we aim to sustain our flexible and desirable loans for all applicants. We want to offer every candidate the possibility to pay their loan over a time that satisfies them and provides the amount of cash required for their financial status.

Whether they have a temporary cash-flow problem or an emergency, our short-term loans are intended to help. We offer loans from £50 to £5,000 for every new and old applicant directly to your bank account, with a kind of amount in between. You can make the repayment of that amount within 6 to 36 months.

2.     No Hidden Fees

We pride ourselves on total honesty and clarity, so we ensure no nasty shocks or covered costs with our short-term loan. We do not impose any late payment or upfront fees, but late repayment can cause you serious money problems. You can also make the monthly payment to avoid further issues.

Instead, we will clearly describe the loan and payments method before we understand that there will be nothing additional to pay. According to the loan agreement, try to pay the loan before the loan duration.

3.     Option for Bad Credit

Not all lenders grant loans to those with poor credit scores, so if you haven't got priority by other providers, Payday Loan UK may be able to assist at this stage. Like The Money Shop Loans, we examine all requests, despite your credit record, and prioritize our poor credit loans on affordability.

Also, we do the soft search on your credit file according to the application requirement. We will provide loans by accessing your bank details to solve your money issues for help. You will require a valid UK bank account to obtain the loan from the loan providers.

This guarantees that you will be capable of making repayments conveniently each month without being moved out of pocket. We will evaluate your monthly salary, your total spending, and any other business commitments you might have, rather than reviewing your entire credit history.

Our depositions take a particular approach to know each applicant's financial position and credit rating to advance our lending firmness and keep their best shares at heart.

4.     FCA Authorization

When scanning for loans like The Money Shop, you must prefer a fully FCA-approved lender. This type of support guarantees that the lender can trust and be reputable, so if you cannot find a sign of FCA favoured on a lender's site and approach him to lend some money, this will lead to caution your severe cash and information.

Payday Loan UK is proud to be ultimately FCA authorized, permitting candidates to apply for our loans. Payday Loans UK is entered on the financial services register.

Conclusion

If you’re looking for online loans like the money shop? Then our team of experts can help you find the best payday loans for your needs. We know how confusing it can be to explore all of your options and we’re here to help. Give us a call today and let us get started on finding the right loan option for you!

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