FancyaPayday, a reputable company based in Bournemouth, Dorset, UK, has carved out a niche for itself in the short-term loan market. With a mission to provide loans in a clear, responsible, and fast manner, FancyaPayday has become a go-to solution for many in need of quick financial assistance.
|Loan Amount||£50 to £5000|
|Loan Duration||3 – 36 months|
Types of Services Offered
FancyaPayday offers a variety of loan options to cater to different needs. These include:
- Short Term Loans: Ideal for unexpected expenses like medical bills or sudden home repairs.
- Bad Credit Loans: Designed to help those with minimal credit history or past impaired credit.
- Same Day Loans: Quick online application process and same-day funding for those in need of fast cash.
- Online Loans: Apply for a loan from the comfort of your own home with a variety of repayment options.
- Direct Lender Loans: FancyaPayday works with direct lenders to offer a quick and responsible loan application process.
FancyaPayday’s Application Process
The application process at FancyaPayday is designed to be fast, consistent, and secure. If you qualify, you can receive your funds on the same day. The company also offers a customised repayment agreement based on your needs.
Comparison with Other Similar Companies
When compared with other similar companies, FancyaPayday stands out for its easy and quick application process, and its commitment to responsible lending. However, it’s worth noting that the company’s APR is on the higher side, which is a common characteristic of short-term loans in the UK. Always compare the rates and terms with other lenders before making a decision.
Customer Testimonials and Reviews
Many customers have praised the company’s quick and easy application process and its excellent customer service.
FancyaPayday is a trading name of GC DataTech Ltd, which is authorised and regulated by the Financial Conduct Authority. This adds a layer of trust and security for customers. The company is committed to responsible lending and offers help to those with minimal credit history or past impaired credit.
Overall, FancyaPayday offers a good range of short-term loan options with a quick and easy application process. While the high APR is a drawback, it’s a common issue with short-term loans. As always, potential borrowers should do their due diligence and compare options before making a decision.
FancyaPayday is a credit broker based in Bournemouth, Dorset, UK. They offer short-term loans and have a quick and easy application process. If you qualify, you can receive your funds on the same day. They also offer repayment flexibility, with direct lenders tailoring your repayment schedule based on a structure that works for you.
- Easy and quick application process.
- Potential for same-day funding.
- Responsible lending practices.
- High APR.
- Not suitable for long-term borrowing or for anyone in major financial difficulty.
REPRESENTATIVE EXAMPLE: If you borrow £200 for 3 months (82 days), the annual rate of interest is 292% fixed. The cost of credit is £111.36, with monthly payments of £103.79, £103.79, and £103.78. The total payable over 3 payments is £311.36.