Cashplus iAdvance

Claire71uk

Have two aps cashplus cards, both have had iadvance on them at one time or another. I have been with APS since 2006.

Yes, it is on ivitation basis... On restarting every 3-6 months its always £50, increasing to £500. I know as soon as I see the £500. I understand it will be gone again soon.

I have had many many iadvance loans, but no longer count on the facility.

MacStyle2016

I have used my iAdvance a few times while waiting for my wages to appear, but I did not know it was classed as a pay day loan. I am now being rejected for a mortgage as lenders will not accept anyone who has taken out a pay day loan in the last 3 years. My credit file is showing lots of small pay day loans, which are the iAdvances. I explained that it was similar to an overdraft on my account, but they will not accept me. Do not use iAdvance if you are thinking of applying for a mortgage within the next few years as it wrecks your credit score and report.

Claire71uk

The info about how APS report the iadvance loan, is in all the info you agree to when getting the loan.

There's more to this persons story, as creditbuilder and iAdvance helped me a great deal, returning my credit and improving my credit score.