Are there any upfront fees?
Our service is free. There are no fees upfront when requesting a loan through Guaranteed Payday Loans. If you are successfully matched with a lender then you are given the opportunity of entering into a borrowing agreement with that specific lender. Please be sure to read the terms and conditions as outlined by that lender.
If you donâ€™t meet the requirements for a payday loan then we may direct you to another service where you may be charged an up-front fee or membership fee by the organisation that we navigate you to.
What are the consequences of late and non-payment?
Payday loans should only be used for your short-term borrowing needs and you will need to be able to pay back the loan within 30 days for this service to be suitable for you. We work with many lenders, all of whom have their own unique terms and conditions. We recommend that you communicate with the lender you are matched with if you foresee that you may be late paying back the loan. Late payment charges may well apply in some cases (according to the lender you are matched with). If you need to prolong the loan then it is recommended that you pay the finance charge for the original loan on the set due date.
What are the Codes of practice/policy for responsible lending?
All of the many lenders with whom we work are committed to:
1. Warranting that any loan made accessible is appropriate to the borrowing requirements of each customer
2. Analysing every customer separately as to their ability to repay a loan
3. Offering clear and succinct contracts and means of communication
4. Sustain the highest degree of customer satisfaction and services possible
What is our renewal policy?
The many lenders which Guaranteed Payday Loans works with all have their own particular renewal procedures and policies. It is recommended that you check the terms and conditions outlined by the specific lender you are matched with. lease contact the lender you are matched with directly for their assistance if you have any questions.