Representative APR Example
£300 borrowed for 30 days. Total amount payable by one repayment: £372.
Total interest payable by one repayment: £72. Representative APR 1223.6% (Variable)
Amount
£0
Term
0 Day(s)
Interest : £0
Repayment : £0

Welcome To Payday Camp

Need quick cash? Get the assistance you need at Payday Camp to find the loan you need. We will help you get connected with reliable lenders who will offer you loan deals with suitable terms and rates. Sign up for our services and let us assist you in obtaining quick monetary solution from the lenders on our panel.

What Are Payday Loans?

Payday loans are short term loan deals that can be obtained to fix any sort of monetary shortfall when you are days away from your next payday. These loans will give you the opportunity to raise the cash you are urgently in need of. Whether your car has broken down or you need to pay any urgent bill, these loans can help you raise the cash you are in need of. We are pleased to inform you that we are associated with the UK's leading loan lenders that specialize in offering payday loans.

You need to register with us to utilize our loan matching services. Submit your loan request at our site, so that we can share it with relevant lenders. Once your loan request has been accepted, the lenders will get back to you with an instant response. If your application is approved, the lender will get the approved cash deposited directly into your checking account.

We are only a mediator and cannot assure if we will be able to match you with a lender or if you will receive loan approval. Approval decision as well as the amount of cash you will receive upon approval will be decided by the lender. Generally, approval will be based on factors such as your current credit status, your monthly income and where you reside. Lenders will also verify your personal information and check the level of past outstanding debts ahead of approval.

Do I Qualify?

Qualifying for payday loan is easy. Any UK citizen who has attained 18 years of age, has an active checking account and a fixed monthly income will be considered as eligible to apply. Unlike traditional loan deals, the money obtained upon approval against a payday loan is not required to be secured by collateral. Lenders will base their decisions upon the wages of the applicant as well as other factors.

Collection Practices

Payday loans are small loans meant to help you fix quick cash crunches

They should never be considered as a solution to long term debts. Repayment needs to be done as directed by the lender. Failure to pay back can get you trapped in financial issues. If you have not repaid back the loan in time lender will pass on the information to a debt collection agency. This can create stressful situations for you and you will start receiving phone calls and home visits from the collection agencies.

If you have reached such a situation, we recommend you to sit down and plan the repayment

Check out the amount of cash you can afford to pay back. You can further discuss it with the debt collector or the lender. Ahead of dealing with the debt collector do read the OFT's guidance and find out more information about your rights.

All debt collection agencies are governed by the local as well as state laws.

All Debts Should Be Verified By The Customers

Contact your lending company if you find the debt disputed. The lending company should provide all required proof that you owe the money. The debt collectors do not have the right to threaten you or take any action against you that is prohibited by law.

Do not forget to keep record of every collection call received from by the debt collector.

Contact a debt collection attorney immediately if you believe any law is being violated.

Non Payment Implications
Payday loans are offered for short duration and are required to be paid back within a month time. If for any reason you fail to repay back the borrowed money you will have to face various consequences. Non timely payment of a loan will add additional fees to the amount of loan you owe. Besides, lenders will start taking legal action against you and start collection proceedings. Such actions taken against you will have bad impact on your credit rating and also make it tough for you to qualify for a loan in future.

Late Payment

Whether you fail to repay on time or you are late in paying back, lenders are going to incur extra charges. Failure to repay back on time will add additional fees to the unpaid loan amount and also increase the interest payment. Do go through the loan agreement and the late payment policies of the lender carefully ahead of signing the loan agreement.

After you have missed the repayment date, lender will eventually forward the information to collection agency. They will also report it to the credit bureaus, which would negatively affect your credit status. Besides, debt collection agencies are likely to use various aggressive methods to retrieve the outstanding amount. Late payment of a loan can result into insolvency and bankruptcy. All these bad credit tags will make it difficult for you to get a loan in future. Even after you have completely repaid back the borrowed amount, it will not be easy for you to qualify for a loan due to the collection action taken against you and the status of your credit report.

Loan Renewal Policy

Renewal policies differ among lenders and will depend on the state you reside. All renewal policies are governed by state regulations. Renewing a loan means you are requesting for extra time to repay back the loan you owe. Extending the loan term will not reduce the amount you owe. On the contrary, you will have to pay extra fee for extending the loan term. Extensions and renewal of a loan can put you in serious debt and the amount of loan you owe will keep multiplying.

Before you decide to renew your loan you should understand that not all lenders will offer you such facility. Depending on where you reside, renewal of payday loans may be prohibited. Therefore, verify the lender's policies carefully ahead of signing it. Remember that fees for such renewals can be costly and increase the interest above the principal amount owed.

Loan Information

We Are A Broker, Not A Lender

The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan through our UK network of leading Payday Loan Lenders and Brokers. The personal, financial and employment information that we collect is stored electronically for the duration of your application and is removed from our system upon acceptance from a lender.

We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayments please do not apply with us in the first place. It is not worth risking your credit rating nor any financial consequences which might result.

Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions

About Us
Authorised and regulated by the Financial Conduct Authority.
Authorisation can be checked on the Financial Service Register at https://www.fca.org.uk/register

Credit Broking: Authorisation Number FRN740122
Data Protection Reg No: ZA123718
Site owned & operated by
Pervasive Web Solutions

Room G49, Lakeside House, 1 Furzeground Way,
Stockley Park, Uxbridge, Middlesex, UB11 1BD

PLEASE READ TERMS & CONDITIONS OF LENDERS OR BROKERS BEFORE PAYING ANY UPFRONT FEES.

Warning: Failure to meet your repayments can have serious financial consequences. For help, go to moneyadviceservice.org.uk