What is a Payday Loan Direct Lender?
A Payday Loans Direct Lender is exactly what it sounds like, it is a company that will lend to you directly without using a middleman or other loan provider. Life has a habit of every now and then of presenting situations where you require a cash injection in a hurry. If you’ve ever come downstairs to find the washing machine has flooded the kitchen or gone to go to work only to find the car won’t start, you’ll know this only too well turn to a company who is a payday loans direct lender.
The issue is that the rest of your life doesn’t stop just because you need to get your hands on some extra money – so where can you get a short term cash injection, that won’t put you into massive debt?
The answer is for you to consider a payday loan from BingoLoans one of the last true direct lenders left – even if you’ve got bad credit, you can still get money within 24 hours, to help you deal with life’s emergencies.
Choosing Payday Loan direct lenders
When browsing for a payday loans direct lender, you’ll do well to consider direct lenders only – like BingoLoans. What is a direct lender? A direct lender is an organisation that deals with your application and pays out your money.
The alternative is a broker, where you will make your application and the broker will then try and get you a deal from multiple other lenders.
Getting a loan from direct lenders has its benefits – for example, it’s much faster as you only need to make one application to one lender, so the decision-making process is quicker.
It’s also cheaper because some brokers will often require some sort of fee (not BingoLoans though), where a direct lender will make their money through the interest on your repayments.The main difference between BingoLoans and the other payday lenders is that although as a direct lender we provide you with short term loans ourselves we are also a loan broker and during your loan application we will do a credit check, to review your credit score (as part of being a responsible lender) and to ensure that you can afford the loan itself, all of which means you get the best of both worlds.
So a payday loan is extremely useful for giving you a short term cash injection, but who do you trust? You should make sure you only deal with a loan organisation that’s reliable, transparent, and experienced. In short, you need to make sure you come to BingoLoans. We’ve made the application process as easy possible for our customers, to get you your money as quickly as possible.
When your kitchen is flooded, the car won’t start, or those bills have come in more expensive than you were anticipating – you need the money quickly.
We understand that at BingoLoans, so we’ll endeavour to get your application processed in as short a time as we can. Once we’ve approved you for a loan, we’ll do our best to get you paid out in under 24 hours where possible.
How do you apply with a Payday Loans direct lender?
Applying for a BingoLoans payday loan is simple! First, use our handy sliders to check the interest level and repayment terms on your ideal loan – we can offer you anything from £50 to £1500.
With that, click on APPLY NOW and you’ll be taken to our online application – as long as you meet our simple criteria there’s every likelihood you’ll be accepted for your loan. When you are, the money will be paid into the account you’ve provided us, and that will be that!
So if you need a short term cash injection don’t waste any time, make your application with BingoLoans today and get the money you need, fast.