Wage Day Advance

1294.1% Representative
Loan amount:
£80 to £750
Loan term:
1 Month to 3 Months
Loan type:
Short Term

Wage Day Advance is a part of SRC Transatlantic Limited, an international company providing financial services to people from the United Kingdom, United States, and Canada. The business provides short-term loans to borrowers with a focus on good customer service and responsible lending practices.

Potential borrowers can apply for loans ranging from £80 to £750 with repayment terms ranging from one to six months. Applications can be completed online and approved borrowers can receive funds within one hour of approval.

Repayment for one month payday loans will be expected in an amount equal to the principal plus any applicable interest on the selected date. Those who spread out repayment over two or three instalments will have lower initial payments based solely on the current interest charges that are assessed, with repayment of the full principal and final month’s interest required on the last agreed upon repayment date.

Borrowers can repay any borrowed funds prior to the agreed upon dates in order to pay less interest over the life of the loan. For loans over one month, borrowers may be able to defer their loan repayment beyond the original one month period by paying all interest due and meeting certain affordability check standards at the time of the request. Repayment can be deferred no more than two times, for no more than one month per request. Loans with original repayment terms of two or three months are not eligible for deferral.

Wage Day Advance Criteria

Age Requirement
Debit Card
Credit Checks
Other Requirements
Subject to affordability checks.
Same Day Transfer Available
Loan Value Available
£80 to £750
Representative APR
Loan Length
1 Month to 3 Months
FCA Registration Number
Loan Example
Borrow £260 repayable in 28 days. Total amount repayable £318.24 in 1 payment of £318.24. Interest 292% p.a. fixed

Wage Day Advance Review

Wage Day Advance provides simplified options for those who are interested in payday loans with a level of repayment flexibility. While deferring principal repayment will result in a higher total of interest being paid, it can provide relief to borrowers who need more time to repay the principal amount comfortably.

Applications can be completed quickly online with only basic information regarding your current place of residence, a valid email address and telephone number, current income and outgoings, and a bank account and associated debit card.

Most potential borrowers will be notified regarding their eligibility once their online application has been processed. In cases where eligibility for a loan cannot be determined based on the online application alone, Wage Day Advance may contact you for additional information or documentation.

Eligible applicants can receive funds within one hour between the hours of 9:00AM and 8:00PM, Monday through Friday, between 10:00AM and 4:00PM on Saturday, and between 11:00AM and 4:00PM Sunday. A final payment for each day is processed at 11:55PM. The availability of funds within your bank account may be delayed depending on the processing requirements of the bank.

Independent Rating

Customer Review:

User Rating: 4.8 (4 votes)
Click on the stars to leave a rating

Company Pros...

  • Loans funded within 1 hour of approval during office times
  • Spread repayments over 3 months

Watch out for...

  • One off late payment of £15 if repayment is late
  • Hold a valid debit card and bank account

Company Details

WageDayAdvance Limited,
Wellington Plaza,
Wellington Street,
Leeds, LS1 4DL