PAYDAY KONG REVIEW
Payday Kong provides loans starting from £70 up to £1000. Compared to its competitors, this is quite a wide range.
The representative APR with this broker is 1286.2% and the amount repayable for each £100 is £125. These figures are among the most competitive in the UK payday brokers’ market.
Payday Kong do business in the UK market.
All and any information a customer provides is sent over a secure connection.
As they offer instant approval, all loans will be transferred on the same day for no extra charge. They even claim that the money can be in your bank account in 15 minutes.
In some instances, depending on the lender, credit checks may be undertaken.
Applying for a loan with Payday Kong only involves filling out their online application form: no documents are required to be faxed in.
This broker does not specify the minimum salary you must receive in order to apply for a loan with them.
They are quite flexible when it comes to the source of primary income of the applicants: it makes no difference whether you are a full-time employee, self-employed or have any other status, you can still apply for a loan.
Payday Kong do not require regular income to be monthly only. It does not matter whether the a customer receives their pay-cheque weekly, biweekly or monthly as all of these options are accepted.
In order to be sure to qualify for a payday loan using Payday Kong, you need to own a debit card. However, as some lenders might offer other repayment options as well, this really depends on the lender you are paired up with.
They declare on their website that payday loans carry a fixed flat rate fee and nothing more, so there should be no other charges involved.