Pay Day
How do I get a payday loan?
Borrowing from Mature Finance is simple and fast! We give quick online decisions, normally without the need for faxes or post!
You are just a two minutes away from your payday loan decision!
- Fill in our fast application form
- Within a minute we will tell you if you have been approved
- Once you’ve been approved, then enter your bank account details (so we can pay you) and debit card details (so you can repay us on your payday)
- Your loan agreement will be displayed online for you to sign
All you need to do is:
Do I qualify?
To apply for a payday loan, you need to:
- Be over 18 years old
- Be in permanent employment
- Earn more than £750 net per month
- Have a bank account with a valid debit card
If you can answer yes to all the statements above, you are entitled to apply for a payday loan.
What are the reasons people choose to take out a payday loan?
- Unexpected bills and expenses
- A convenient way to get cash quickly
- Direct debits that are due
- Application for credit has been denied
- Desire to shop or go on holiday
Customers find MEM to be an up-front, reputable company with a proclivity for disclosure and customer service.
Common Questions
Are payday loans right for me?
Payday loans can help with various types of financial emergency. You can:
- Pay those ‘Final Demand’ bills
- Organise emergency child care for your children
- Pay your MOT repairs – just in time!
How much money can I borrow?
You can borrow from £80-£750 depending on your circumstances. To find out how much you can borrow complete our quick payday loan application form today!
Straight Forward Charges
We charge £25 per £100 borrowed – nothing more!
There are no arrangement fees to set up the loan.
Customer Satisfaction
We work with a company called MEM Consumer Finance Ltd to bring you the very best possible experience. Here is what some of the existing customers have to say.
Auriemma Consulting Group conducted a survey among more than 1,000 MEM customers and found that nine out of ten rated the service as a convenient way to obtain cash quickly to cover unexpected bills or expenses.
Key findings of the Auriemma survey were:
- 87% of customers would recommend MEM payday loans to a friend
- 95% of existing customers agree with the statement ‘MEM does what they promise to do’
- Customer satisfaction is 96%
- 9 out of 10 existing customers think MEM payday loans are a convenient way to obtain cash quickly
- 95% of customers find customer service at MEM to be helpful and easy to understand
The general consensus among MEM customers surveyed was that because the service was online, there was no fuss in applying for a loan, which could be completed in a customers’ lunch break.
How to apply?
Customers apply online or by telephone. The application takes less than five minutes from start to finish, with instant loan approval being given to all customers who meet the qualifying criteria and the loan is deposited the same day.
Rebuilding your credit rating
As soon as you repay your loan on your payday, we will report that to the credit reference agency, so that they will know that you have repaid your loan. This will help to rebuild your credit rating, as the credit referencing agency can see that you have repaid a loan. We will report this every time you take out a loan and repay it to us. As you gradually improve your credit rating, you will find that you may be able to borrow larger amounts from us and apply for other financial products that you may have been refused for in the past.
However, if you do not repay your loan and fail to contact Mature Finance, this will also be reported to the credit referencing agency, which may have a negative impact on your credit rating.
