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Representative example: If you borrow £3,250 over 36 months at a Representative rate of 49.9% APR and an annual interest rate of 41.16% (fixed), you would pay 36 instalments of £158.57. The total charge of credit will be £2,464.57 and the total amount payable will be £5,714.67
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. Nowloan could help students with no other borrowing options find a loan quickly.
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 paycheque. 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.
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 formally apply.
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, keep in mind that when you formally apply with your matching lender they will likely perform a hard credit check. Although we try to match users with the cheapest lenders on our panel some have high-interest rates and you should carefully consider the costs and affordability before making your application.