Speed-e-loans
Speed-e Loans reviewed
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| Website address: | www.speed-e-loans.com |
| About: | With Speed-e-loans you decide how much you need to borrow and the cost of it will be calculated for you online using their handy sliding scale. Then you can choose which pay day you’d like to repay on; the next one or the one after that, giving you more time without incurring extra costs. The great advantage of this is that the shorter your loan period, the less you’ll pay for it, giving you ultimate control over your borrowing requirements. They aim to get the money in your account within 2 hours of application. They have a policy of responsible lending. |
| Strengths: | • Easy to use sliding scale calculator • Money in your account within 2 hours • Can roll loan over up to 3 times |
| Drawbacks: | • First time borrowers can only have a maximum of £250 • Apply after 3.30pm on Friday and funds will not be in your account until Monday |
| Conditions: | • Must be in permanent employment • Must earn at least £750 or more per month |
| Identification: | Required: UK bank account & debit card |
| Additional requirements: | • Must be over 18 |
| Costs & fees: | 1% per day, plus a fixed fee of £4.95 |
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| Location: | View Larger Map |
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