Payday UK

DanielD2008
DanielD2008 Posts: 761 Forumite
Hi all,

I've just applied for a loan on https://www.paydayuk.co.uk .

Has anyone used this site ? I got accepted but when they were asking for bank details then wanted my card number,account number,sort code....and CVV number !!

There is no need for them to need the CVV number,right ? Having this means they can use my card to buy things online !

Has anyone used this company before ?

Thanks
«1

Comments

  • wwfc_2
    wwfc_2 Posts: 51 Forumite
    there's lots of info all over this site on payday loans and its all negative

    I'd stop now if i where you, it will save you ££££££ in intrest and charges
  • chanz4
    chanz4 Posts: 11,057 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Xmas Saver!
    Used them before, go via quidco and get cashback it will cover the fee and more. Not had an issue, cvv is to cover them and so you cant claim not authed
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
  • ihateyes
    ihateyes Posts: 1,326 Forumite
    Hi all,

    I've just applied for a loan on www.paydayuk.co.uk .

    Has anyone used this site ? I got accepted but when they were asking for bank details then wanted my card number,account number,sort code....and CVV number !!

    There is no need for them to need the CVV number,right ? Having this means they can use my card to buy things online !

    Has anyone used this company before ?

    Thanks
    most purchases online/telephone will require CVV
    Promo codes are never always cheaper..... isnt that right EuropCar?
  • I used them 3 months ago and have now rolled over the loan twice. I'm now with opendoorloan.co.uk for a bigger payday loan to cover the first. What a spiral!
  • Read the small print if you cant pay the loan for some reason and if they have your credit card details they will take money from your account anyway.Even if you have your last pound in the bank they will take it
    DONT DO PAYDAY LOANS
  • DCFC79
    DCFC79 Posts: 40,619 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    captain55 wrote: »
    Read the small print if you cant pay the loan for some reason and if they have your credit card details they will take money from your account anyway.Even if you have your last pound in the bank they will take it
    DONT DO PAYDAY LOANS

    If used correctly pay day loans are fine
  • droiderm
    droiderm Posts: 778 Forumite
    Seventh Anniversary 500 Posts Combo Breaker
    I would be interested to hear from anyone who uses pay day loans and have recently got a mortgage
  • Apples2
    Apples2 Posts: 6,442 Forumite
    captain55 wrote: »
    Read the small print if you cant pay the loan for some reason and if they have your credit card details they will take money from your account anyway.Even if you have your last pound in the bank they will take it
    DONT DO PAYDAY LOANS
    more importantly, read the part where it tells you when the repayment is due.

    if you dont think you will have the money ready "for some reason" , DO NOT APPLY FOR IT, as you have found out, you cant walk away laughing at them.
  • DCFC79 wrote: »
    If used correctly pay day loans are fine


    I agree. All the info is there when you sign up. You don't get ripped off as you know exactly what you're letting yourself in for....
    DEBT FREE AND PROUD:D
    'Better to remain silent and be thought a fool than to speak out and remove all doubt'
  • While you are taking a loan, you should keep the payment procedure in your mind because you will be responsible to pay them back. Not everyone should have good experience from a loan supplier. Hope, you will have the good one.
    AntFrit
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.8K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 453K Spending & Discounts
  • 242.8K Work, Benefits & Business
  • 619.5K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.