Question about Payday Express

corsa · 7 March 2010 at 5:56PM

Has anybody ever had a loan off " http://www.paydayexpress.co.uk/ " My gf applied for a loan on saturday and it said she had been approved and they sent the email for us to sign the credit agreement. We didnt realise it wouldnt go into her bank on the saturday though as its not a working day, and it isnt going to go in on a sunday. So does anybody no if the loan will be there monday? I should imagine it would but im just double checking with anybody who has dealth with Payday Express in the past, thanks to anyone who replys.

theatretony · 7 March 2010 at 8:16PM

Usually takes 2 working days unless you paid £15 for same day transfer hth

corsa · 7 March 2010 at 8:22PM

Thanks for the reply, so how does that work as it does'nt menchon anything like that on there site, it says........." When will I receive my loan? If your loan application is approved online and the Electronic Credit Agreement is signed and submitted before 16:00 on a working day, the funds should be transferred to your bank after 5:30 on the same day. We transfer cash 3 times each working day at 12pm, 3pm and 5pm. If your credit agreement is signed and submitted after 16:00, or on a non-working day, the funds will be transferred to your bank on the morning of the next working day. We will contact you to advise you of when your funds will be transferred to your bank. If we are unable to contact you this may result in a delay in the transferring of the funds. Please be aware that some banks may take up to 3 working days to clear the funds. Please note that as a responsible lender we take additional steps to verify your details following the submission of your application and agreement. If we are unable to complete this verification it may result in a delay in the processing of your application or a retraction of the loan offer." So if it takes 2 working days does that mean it will be there on the tuesday?

theatretony · 7 March 2010 at 8:34PM

I have one out with them now, and during the application process it will ask if you want same day transfer for £15. If you did not take this, it 'should' be in by tuesday. But I applied for mine on Thursday and it was in my bank on Friday and that was without the quick transfer.

Have they sent you a text message yet to say it has been approved?

R0bert_Sterling · 7 March 2010 at 8:39PM

I hope you haven't dragged your girlfriend into your financial mess

It is HER credit rating which is going to be destroyed by this....

http://forums.moneysavingexpert.com/showthread.html?t=2302759&highlight=

corsa · 7 March 2010 at 8:48PM

theatretony wrote: »

I have one out with them now, and during the application process it will ask if you want same day transfer for £15. If you did not take this, it 'should' be in by tuesday. But I applied for mine on Thursday and it was in my bank on Friday and that was without the quick transfer.

Have they sent you a text message yet to say it has been approved?

It didnt give us that option about paying £15, we did it on the saturday though maybe they are not at there office? It said she has been approved, then sent us an email for us to sign the agreement, which has been now done.And no we have not had any text message yet off them but it said in the email when they are outting the funds in they will text and email to let us no. And as for the person who said am i dragging my gf into this MIND YOUR OWN she is her own person

theatretony · 7 March 2010 at 8:54PM

You sould get a text message before they put their funds in, and because you applied Saturday, it will not be actioned until monday.

corsa · 7 March 2010 at 8:59PM

theatretony wrote: »

You sould get a text message before they put their funds in, and because you applied Saturday, it will not be actioned until monday.

Ok thanks for your replys you've helped me out more than there site has.Do you no like you say you have to pay £15 for it to be put it on the same day, do they take this from your loan funds? or when you repay?

whichwhydoIturn · 7 March 2010 at 9:00PM

I had a loan deposited into my account last week, i called them to take the loan back no interest as I am within my cooling off time.I emailed them no reply !! had a weak moment with wanting to spend.loan came through and I thought going back down that road.Mine is with payday.uk

theatretony · 7 March 2010 at 9:01PM

They take it from the loan amount. Just ensure you pay it back when due and try not to get another one out and you will then go into a downward spiral of debt

mattpaznat · 7 March 2010 at 9:03PM

i have one with them, they will prob phone her monday morning before they transfer the money and ask if you want to do the £15 quick transfer it will be taken from the loan amount they transfer to you. They will also call her work place to confirm her employment first. Then if all ok they will transfer it monday and if you select the £15 quick transfer it will usually be there on monday afternoon.

Question about Payday Express

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