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Student Payday Loans

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Representative APR 8%

Representative example: £500 borrowed for 90 days. Total amount repayable is £672.60. Interest charged is £172.60, interest rate 140.0% (variable).

Student Payday Loans

Having extra money as a student is notoriously difficult – you have to worry about tuition fees, supplies for your courses, and other student expenses. Add to this the costs of daily living and you may find your pocketbook increasingly strained. You may be putting all your time into studying and not have the opportunity to earn a steady income. We here at NowLoan understand all this, which is why we give our utmost to connect students with appropriate loans that will meet their needs, specifically in the form of student payday loans.

What is a Student Payday Loan?

A student payday loan is a type of payday loan that is tailored specifically for students. A payday loan is a short-term loan that you are expected to pay back around your payday – you can think of it as an advance on your pay cheque. Even if you don’t have steady employment as a student, it’s understood that you will pay the loan back in a short time, usually within 4 weeks. As opposed to other types of loans, a payday loan will get you the money you need quickly, usually within a few days or sometimes even within the same day you apply. Whether you have poor or even non-existent credit, we’re here to help connect you with the finances you need.

Why Get a Student Payday Loan?

Student payday loans allow for a lot of flexibility, in more ways than one. Especially when using NowLoan, the process to get a quote is incredibly simple. There’s no need to fill out lengthy forms, call a bunch of brokers or loaners, or get in touch with a bank – you simply put in the amount you require, how long a period you’d like it to be extended over, and what you need it for. You will then be matched with a lender and can begin discussions with them as soon as you like.

When using a student payday loan, you don’t need to dip into your savings in order to cover rising costs. You may even be thinking of not enrolling or leaving university altogether, but student payday loans fill an important niche for students: getting them fast cash to pay for unexpected and daily expenses. Payday loans can also help you to reduce the amount accrued in long-term student loans since you are expected to pay them back over a short period.

Conclusion

Student payday loans have become increasingly popular in the UK as tuition costs go up. You can get a quote from NowLoan with no effect on your credit rating, so feel free to get matched with a lender at no risk to you; you can then decide if you’d like to pursue an arrangement with the lender.