Terms and Conditions

These terms and conditions are important, please read them carefully before agreeing to them.

They exist to protect both you and us.

If you do not understand anything in these terms and conditions then please feel free to ask us by contacting [email protected]

If you do not agree with any of the terms and conditions then please do not use our Website.

By using our Website you are fully agreeing to these terms and conditions.

Payday Ventures Ltd is a broker and not a lender.

The below Websites ("the Website") are trading names of Payday Ventures Limited.

1. Acceptance of terms

By using the Website you are fully accepting the terms, conditions and disclaimers contained in this notice. If you do not accept these Terms and Conditions you must immediately stop using the Website. Your access to and use of the Website is subject to agreement of these Terms and Conditions. You will not use the Website for any purpose that is unlawful or prohibited by these Terms and Conditions.

2. Changes to Website

We reserve the right to:

3. Our service

3.1. Loan Solution Finder

The operator of this website is not a lender, does not broker loans to lenders and does not make loan or credit decisions. It is not an agent, representative or broker of any lender and does not endorse any lender or charge you for any service or product. This Web Site does not constitute an offer or solicitation to lend. This site allows you to submit the information you provide to a lender.

Our service is to help find you a suitable loan solution as per your request and upon completion of your application form, we will submit your request to (Loan Providers and Credit Brokers "Our Panel") who may be able to assist with your application for finance.

We do not provide our service in the following states: Arkansas, Connecticut, New Hampshire, New York, Montana, South Dakota, Vermont, West Virginia, Indiana, Minnesota.

3.2. Loan Provider or Credit Broker's Landing Page

If a Loan Provider or Credit Broker accepts your request you will be forwarded to a page on the Loan Provider or Credit Broker's Website that they have requested we direct you to.

3.3. Alternative Loan Offer

If a Loan Provider or Credit Broker is unable to find the exact amount and/or term that you have requested, Our Panel may offer you an alternative amount and/or term. There is no obligation to accept the alternative offer if it doesn't meet your needs.

3.4. Your Personal Information

As part of our service, upon submission of your loan application request, we will send your loan request to our panel of lenders and loan networks containing your personal data in order to match you with a suitable Loan Provider. The Loan Provider which accepted your request may contact you via telephone, email, SMS, and automated voice messaging regarding your recent loan application. If you receive contact from a party which you were not referred to, please report it to us.

More information regarding your personal data and how we use it, can be found in our Privacy Policy.

3.5. Alternative Lending Solutions

If you are declined by the Loan Providers in Our Panel, you may be referred to an alternative lending solution such as a Credit Report Provider or a Debt Solution Provider.

3.6. Free Service

We charge no fees for our service. If a Partner accepts your application, we shall receive commission from our Partner.

3.7. Third Party Fees

Some third party partners in Our Panel charge a fee for their services, such as credit report providers. Please read their refund policy and terms and conditions carefully before signing up. If you require a refund or wish to dispute the fee, you must contact the provider directly. We accept no liability or costs if you are charged by a third pary We referred you to.

3.8. Rates and Repayments

Any examples of amounts available to borrow, terms (repayment periods) or rates stated on our Websites, or the Partner Websites are purely given as an example relating to the product. These examples are stated to provide you with an understanding of the products available.

As We do not provide the loan or financial service directly to You We are unable to control the examples contained on the Website.

The completion of the application form does not guarantee approval of a loan. The installment loan amount will vary depending on the lender who accepts the application within our database. $5000 may not be available to every customer. The time taken to transfer a cash advance loan may vary. This website does not directly endorse a particular product and service. Any information on this website should be taken as opinion only.

3.9. Credit Check

Lenders may or may not perform credit checks with the three credit reporting bureaus: Experian, Equifax, or Trans Union. Lenders may perform alternative credit checks or consumer reports through alternative providers. By submitting your request for a referral, you are authorizing our referral sources including lenders to independently verify the information you submitted and your credit worthiness.

3.10. Decision

Please also be aware that as we are not a lender, we have no control over any of the decision making in relation to your application.

3.11. Account and Password

Some of our Websites may ask you to input a password to create an account with our Website. If you do so, we will store your personal information and allow you to log back in and re-apply for a loan. You can update the personal data we hold about you at anytime in your account area. You can close your account at anytime by contacting us.

4. Liability

We cannot guarantee that the Partner will approve your application for finance. This could be due to a number of reasons such as technology problem issues or because information provided during the application is incorrect and we have no responsibility for the assessments of loan applications conducted by third parties. We will not be liable for any loss that you may incur in connection with using this site or our services, whether direct or indirect and howsoever arising. Nothing in this clause shall operate to exclude or reduce liability for fraud or any other liabilities that cannot be excluded under the applicable laws. In the event that you do not use this Website in accordance with these terms and conditions or we become aware that you are using this form fraudulently, we reserve the right to claim from you any reasonable costs that we may incur in taking action to stop you using the form and recover any monies owed as a result of your activities.

5. Links to third party Websites

The Website may include links to third party Websites which are controlled and maintained by others. Any link to other Websites available is not an endorsement of such Websites and you acknowledge and agree that we are not responsible for the content or availability of any such sites.

6. Intellectual property rights

In using the Website you agree that you will access the content solely for your personal, non-business related use. None of the content may be downloaded, copied, reproduced, transmitted, stored, sold or distributed without the prior written consent of the site owner. This excludes the downloading, copying and/or printing of pages of the Website for personal, non-business related home use only.

All intellectual property rights, copyright or trademarks used in the Website and its content including without limitation the design, text, graphics and all software and source codes connected with the Website are owned by Payday Ventures Ltd.

7. Privacy and cookies

Use of the Website is also governed by our privacy policy which is incorporated into these terms and conditions.

The Website uses cookies. Cookies are small text files that are created by a web server and stored on your computer when you visit a Website. The Website uses cookies for the following purposes: to record analytics data.

If you wish to opt-out of our placing cookies on your computer, please adjust your internet browser's settings to restrict cookies as detailed in your internet browser's help menu. You may also wish to delete cookies which have already been placed. For instructions on how to do this, please consult your internet browser's help menu.

8. Indemnity

You agree to indemnify and hold us and our employees and agents innocent from and against all liabilities, legal costs, losses and other expenses in relation to any claims or actions brought against us arising out of any breach by you of these Terms and Conditions or other liabilities arising out of your use of this Website.

9. Severance

If any of these Terms and Conditions should be determined to be invalid, illegal or unenforceable for any reason by any court or competent jurisdiction then such Term or Condition shall be severed and the remaining Terms and Conditions shall survive and remain in full force and effect and continue to be binding and enforceable.

10. Governing law

Everything that appears on the Site is protected under the copyright laws of England and other countries and may not be used except as provided in these Terms of Website Use. The Company neither represents nor warrants that your use of materials displayed at the Site will not infringe rights of third parties.

11. Complaints

We try our hardest to make every effort to ensure that the service you receive from this Website is excellent; however, we understand that sometimes things may not fully work to your expectations. If you would like to make a formal complaint, please email us your concerns to [email protected] or alternatively you can send your complaint in writing to Payday Ventures, 3 More Place, London, SE1 2RE

12. Representative Example of Costs & APR

Loan Amount

Interest Rate

Loan Term

Fee

Fee Cost

Repayment

APR

Total Repayments

Total Cost

$1,000

24.00%

12 months

3.00%

$30.00

$94.56

29.82%

$1,134.72

$164.72

$2,000

19.00%

24 months

5.00%

$100.00

$100.82

24.12%

$2,419.68

$519.68

$5,000

13.00%

48 months

8.00%

$400.00

$131.67

18.23%

$6,320.12

$1,720.12

$10,000

7.90%

60 months

10.00%

$1000.00

$202.28

9.20%

$12,136.80

$3,136.80

If you borrowed $5,000 over a 48 month period and the loan had a 8% arrangement fee ($400), your monthly repayments would be $131.67, with a total pay back amount of $6320.12 which including the 8% fee paid from the loan amount, would have a total cost of $1720.12. Representative 18.23% APR.

Qualified consumers who are approved by a lender will receive loan offers with the below range of loan terms and maximum APR.

Loan term APR

Minimum Maximum Minimum Maximum
61 days 84 months - 35.99%

This website assists consumers in locating a lender. We are not a lender or broker of loans and we do not take loan requests. Instead, we take referral information and make referrals to lenders or networks of lenders. Personal Loan amounts vary from $250 to $5,000. Not all lenders can provide up to $5,000.00 and not all referrals are accepted. For those consumers who do not qualify for a Personal Loan, we will refer you to alternative sources. We do not make loans of any type or credit decisions. We are not offering or soliciting you to participate in a loan. This site will refer you to sources including lenders and networks of lenders. Providing your information on this Website does not guarantee that you will be approved for a loan of any type. We are not an agent, representative or broker of any lender and do not endorse or charge you for any loan or related product. Our sources tell us that cash transfer times may vary and may depend on your individual financial institution. In some circumstances faxing may be required. This service is not available in all states. Other than the referral, we have no involvement in your loan request and loan process. For details, questions or concerns regarding your request or loan, please contact your lender directly. Our referrals are seeking individuals who wish to have short term financing to solve immediate cash needs. Our referrals should not be considered or used as a long term solution. Lenders may or may not perform credit checks with the three credit reporting bureaus: Experian, Equifax, or Trans Union. Lenders may perform alternative credit checks or consumer reports through alternative providers. By submitting your request for a referral, you are authorizing our referral sources including lenders to independently verify the information you submitted and your credit worthiness. This service does not constitute an offer or solicitation for loan products which are prohibited by any state law. This service and offer are void where prohibited.

13. Information about us

Payday Ventures Limited registered in England and Wales (Company number 10981828). Payday Ventures Limited registered office; Payday Ventures Limited, 3 More Place, London, SE1 2RE. Licensed by the Information Commissioners Office, (registration number ZA735235).

Last updated: 19/08/2018