if you need a payday loan then most of the time you are in an emergency. i applied to cash genie and they gave me £130, which i then paid off.. i applied to them about a week later asking for £190 as unexpected direct debits made my bank overdrawn. They refused me the second time even though i had paid off my previous loan in full and before time. I asked them to look over their decision and tell me why i could not get another loan which they said they were doing. No one contacted me back so I applied for a loan elsewhere.
A few months passed and i decided to apply for £100 for a week as i was in a spot of finantial trouble. They accepted, with quite a high repayment of £130 (£30 per £100) and for a same day transfer to my bank cost my £20 out of the initial £100. I was left with £80 and had to pay £130 back. this is all stated in their terms and conditions and their advisor who transfers the money asks you wether you want a same day transfer or to wait 3-5 working days. Of course you are going to opt into the "pay £20 for same day fransfer" as like i said, if you are applying for a payday loan then you are probably in an emergency.
All this aside, i do not have the best credit rating so to get a loan was a great help to me.. so i WILL be applying to cash genie again.
Alan Balchin found this review useful
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