Loan Multi Payday Payment
Payday cash advances are designed to bridge the gap until the next salary goes into the bank and may be appropriate for people who find that more traditional sources of short-term loans are unavailable. There is generally no restriction on what the cash can be used for, in fact it would be unusual for lenders to ask about the purpose of a payday loan.
How Much can be Borrowed With a Payday Loan?
The amount that can be borrowed varies between lenders and will depend on the salary of the borrower. However sums of £40 - £1,000 are not unusual as long as the amount is guaranteed from the next month's pay. Employers are not contacted prior to payment.
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