While Micro Lend has only been in the payday loan business for a couple of years, they continue to draw in many consumers. They took their time to evaluate the needs of the market and implemented a program that gets plenty of positive attention. The application is one of the fastest to complete – with an average time of 2 minutes from start to finish! In the time it takes you to read this information, you should have done it yourself!
Once the application is submitted to Micro Lend, an email can be sent that explains the amount they can offer. The customer can choose to accept or decline that amount. If the offer is accepted then the funds will be directly placed into the customer’s checking account. This is usually a process that takes around 2 hours to complete. There is never any credit check and the lender is flexible with what types of income they accept a customer to get for eligibility.
The maximum amount of money that a customer can borrow is £750. All applicants must be 18 or older and reside in the UK. They also need to have a bank account with a debit card to qualify. The website has very good security so customers can apply for money without worry. They also have all of the laws, details of their offers, and basic information about payday loans on their website.
Once a customer has gotten a loan and paid it back to Micro Lend, they may qualify for Premiere Status. This means should they need to borrow money again in the future they will be a priority. They also won’t have to pay any of the loan processing fees. This can add up to considerable savings for those that need to get payday loans several times per year.
It was so easy to work with Micro Lend. I called them and they helped to figure out what to do. They were friendly, respectful, and they helped me to choose repayment options that worked for my budget. I never felt pressured into getting the loan, but I did feel that it was the right decision for me. I have borrowed money from them a few times now and always with terrific service. I usually apply before I go to work and the money is in my bank account by lunch time.
I like that Micro Lend always sends me a reminder by email a few days before my scheduled payment takes place. I get so busy sometimes that I fail to remember that it is going to occur. I always want to make sure I have the funds in place for them. After all, they took the chance to help me out with a payday loan. There is no way the bank would help me due to my terrible credit situation after my divorce.
I was impressed with the high number of great reviews about Micro Lend. At first, I didn’t want to work with them because they were fairly new. Yet they certainly offer a great value with low fees and very low interest. I enjoy working with them and think this business will be around for a very long time in the future.