Payday Loans: Why Flexible Repayment Could Work For You

While the effects of the decision by Britons’ to leave the EU are still to be fully revealed, the government has moved to shore up confidence in the economy.

George Osborne has recently claimed the UK is in a “position of strength” and has suggested there is no need for the emergency Budget he had once suggested.

Nevertheless, the ground is still uncertain. Our economy depends on borrowing – every year, billions of pounds in personal loans, including payday loans, are taken out by consumers, suggesting a need for this kind of finance.

However, it’s very important to make sure you’re able to pay payday loans back. The rise of myriad payment options – cash and cards, yes, but also contactless, web transfer and paym (paying someone with just their mobile number) – has made it easier than ever before to buy things quickly and efficiently.

It’s always important to keep an eye on your spending, but if something unexpected happens which you hadn’t accounted for, you could find yourself in a sticky situation. At Wizzcash.com, we believe in a flexible repayment schedule for payday loans, so you can pay your payday loan back in the way that best suits you.

Our flexible payment option works like this:

  • Borrow up to £1,000 if you’re a returning customer.
  • Get your loan approved.
  • Pay the loan back in 3 equal monthly repayments over 3 months.

Representative APR example (1265%)

  • Total amount of credit: £200
  • Duration of the agreement: 90 days
  • Total amount repayable: £302.82 to be repaid in 3 equal instalments of £100.94 on your next 3 pay days
  • Interest is fixed at a rate of 292% per year – 0.80% interest per day
  • Representative APR 1265%

It’s all designed to give you a flexible, manageable repayment process. To apply for a payday loan, complete our online application form.

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