Payday Loan

Our pay day loan service is a way for people with a cheque book and cheque guarantee card to raise cash quickly to bridge a gap until payday.

We don't ask loads of questions or do credit checks; our service is confidential and quick. When you're strapped for cash and need a fast solution, Maxcroft Securities can help. Our rates cannot be beaten!

How much can I borrow?

Between £50 and £700. We set you a credit limit depending on your net pay.

How much does it cost

You repay £100 for every £90 that you borrow. There are no other fees.

Typical example:

Loan £90
Interest £10
Total repayable £100
Term 1 month
APR 295.3

How does it work?

An example would be as follows:

You give us 7 cheques each of £100
We give you £630 in cash
1 month later we pay your cheques into the bank totaling £700 and the loan is finished.

Can I get an extension on my advance?

Yes you can extend all or part of your loan until the following month simply by paying interest only on the original advance or part of it. This can also be done over the telephone at no extra charge. So for example, if the advance is £100, we will further delay presentation of your cheque for another month if you pay £10

What do I need to get a pay day advance?

You must have a regular income and an active bank account with cheque book and cheque guarantee card. And of course we do need proof of ID.

What if I don't have a cheque guarantee card?

We will often approve the payday loan but with a higher rate of interest

If you would like to discuss any aspect of this service, please feel free to ring us to discuss on
0800 698 1828 or email: enquiries@maxcroft.co.uk