Borrowing money online in the UK – Is it safe?
There are of course always dangers when it comes to borrowing money. There are more lenders and brokers in the UK than ever before and it can be quite a minefield knowing where is the best place for you to borrow money online. All lenders and credit brokers in the UK are regulated by The Financial Conduct Authority. This gives customers a great level of protection. Companies have to act responsibly in everything it does, from its marketing, what it says on its website and who they allow to borrow money. UK lenders are under scrutiny that has never been seen before, and this is great for customers. The FCA has even introduced a rate cap of 0.8% interest per day, so you know that you will never pay more than that.
Payday loan lender questions:
Q1 – Borrowing money online in the UK – Is it safe?
Q2 – Do CUJ Loans credit check?
Q3 – How easy is it to borrow money?
Q4 – How much money should you borrow?
Q5 – I have bad credit. Can I still borrow money?
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How easy is it to borrow money?
Our simple application process is all part of our aim to make borrowing money stress free and affordable. This is because we understand that life can be unexpected at times and that when such things happen, having fast, fair access to extra funds is important. It is important to make sure that you only apply for credit if it is needed. Taking on additional credit can impact you financially.