Here at Wizzcash, we are an alternative to a Sunny payday loan. This means that when you are faced with an unexpected financial emergency, you can use our services to borrow the amount of money that you need to help you cover the costs of whatever your financial emergency may be (up to a maximum of £1000). We have created an application process that is both quick and simple to use. If your application for a loan with us is accepted then you can have your chosen amount in your bank within a working day.
How Do We Operate At Wizzcash?
Wizzcash are providers of short-term cash loans (operating much in the same way as Sunny Loans do). We provide these loans to individuals who are in need of financial assistance. We make sure that we are fully compliant with all FCA regulations and responsible lending practices are at the core of our service proposition. We ensure our customers are fully protected and treated in accordance with the regulations at all times and at all points of their relationship with us.
Our application process is intuitive and easy to use. We require only the details that we need in order to process your application. The information that we require from you allows us to make an informed decision regarding your loan eligibility. Once you have decided upon your desired loan amount, completed your application form, and sent it back to us we will then proceed to running a number of checks against your application. These checks have been designed to make sure that you can afford to repay the loan in full without incurring further financial difficulty. We take every precaution to make sure that we never lend any sum to anybody who cannot afford to pay it back on time and in full.
If we are unable to provide you with a loan amount for a viable reason, or perhaps a host of different reasons then we are equipped to be able to pass on your details to a collection of other lenders. These other lenders may have different repayment terms or eligibility criteria. They could therefore be able to assist you in securing a loan where we are not able to.
Our eligibility criteria are in line with industry standards, and to be considered for a loan with us you must:
- Be aged 18 or above at the time at which your application is made
- Be in a form of employment that earns you at least £750 per month once tax and national insurance has been deducted
- Be a resident of the United Kingdom
The following are the checks that we run against your application, and will be conducted should your application meet our eligibility criteria:
- An Employment Check – This allows us to be certain that you are in employment and therefore fulfil our eligibility criteria.
- An Affordability Check – This allows us to be safe in the knowledge that your current financial position will facilitate the full repayment of your loan and on time.
- A Credit Check – This allows us to garner a clear and unbiased view of your financial history and includes historic applications for credit as well as successful repayments of credit.
As a Sunny Loan alternative, we ensure that our rates are competitive. Our APR rate is 1265%, whereas Sunny Loan’s APR is 1281% (both rates true as of 30/04/19). Furthermore, all of the loans that we provide do not include any hidden charges.
A Wizzcash Loan vs A Sunny Loan
As alternatives for individuals wanting a loan from Sunny Loans, we believe that we have many features that make us a viable and an attractive alternative.
Money Deposited Straight Into Your Bank Account
Here at Wizzcash, we will deposit your loan amount straight into your bank account, if your loan application is approved. We also aim to have your money transferred to within a working day. If all of the details contained within your application are honest and correct then the approval process will be streamlined even further.
Favourable Repayment Periods
As a popular Sunny loan alternative, we have repayment periods that make repaying your loan a clear and defined process. At Wizzcash, whatever loan amount you decide to take out with us, you will repay your loan (including the interest) over a 3-month period. We believe that this makes the repaying of your loan more manageable, simpler and more conducive to successful long-term finance management.
Wizzcash are an FCA approved and fully regulated lender. This means that we abide by all laws, rules, regulations and restrictions that have been put into place by the FCA. We, therefore, promote customer security and safety at all points of the payday loan process. In addition to this, we will keep all details and information regarding customers secure at all times.
Here at Wizzcash, we hold responsible lending at the core of what we do. We adhere strictly to best practices regarding ethical conduct and always ensure that our customers are protected as much as we are able to. Our recommendation is always to only borrow the amount that you need to help you solve or get yourself out of a financial emergency, we would never advocate the use or abuse of payday/short-term loans as a viable long-term debt management solution. You must make sure that you know what the interest on your loan will be, as well as how much exactly you will be paying back on your loan amount as this will help you better budget and plan for the repayment of your loan. We would say that you must be cautious of unscrupulous lenders who practice predatory tactics regarding interest, lending practices and up-sell tactics.
If you want a Sunny alternative then why not try a Wizzcash loan online today.
Wizzcash.com is a payday loan direct lender. This means if you have a successful loan application with us we will communicate and lend directly to you. In the event that we are not able to help you, we are also a broker and we will link you to panel of consumer credit companies who might be able to offer you: loan products, with loan terms from 1 to 36 months, loan comparison websites to give you access to the comparison of loan products or credit reports companies to help you understand credit ratings and make informed credit decisions. We will never pass on your card details to any other organisation.