When can a Payday loan alternative help?
We’ve all been there – the month’s finances are ticking over smoothly until out of the blue, the boiler breaks down mid-way through freezing January. Payday is still a couple of weeks away, and with the bank balance looking as low as the temperature, the unexpected expense scuppers the budget completely. This is exactly when payday loans can help. They provide a fast and convenient way to help you manage to balance the books. MYJAR provides an alternative to a payday loan with our short term instalment loans. We are a direct and responsible lender for responsible customers who find themselves in need of quick cash to tide them over until all those hours of hard 9-5 graft pay off and money next comes into the account.
Easy and Instant Loan Payments
MYJAR offers instant payday loan alternatives that help you manage your short term money needs and ease your mind right then and there. So if your boiler really has broken, you won’t need to wait too long in the cold to get it fixed! We give you back control of your finances – you’ll know exactly how much you’ve borrowed, when you need to pay it back and how much it will cost you. We have a simple loan application process which is helpful when you need a quick loan.
Responsible Lending and a Helpful Service
Our alternative to a Payday loan can be a great short-term solution to unexpected and one-off financial burdens. We are committed to responsible lending and we therefore only lend small amounts of money (from £100 up to £1,000 for new customers), just to make absolutely sure that your repayment plan is as realistic and stress-free as it possibly can be. The cost of a MYJAR loan is clear and there are no hidden charges. We only lend to individuals with regular incomes, and make it our policy not to encourage customers to take out loans that they would struggle with or be unable to pay back.
How do I know if I am eligible for a Payday loan alternative?
We are not like those companies that do no credit checks! We assess affordability every time you borrow using credit reference agency information and our own credit scoring system which seeks to ensure that we only lend to the right people. Even if you have a low credit score, you may well find that you’re eligible for a loan with MYJAR. If you’re accepted for a loan, it means that we trust that you can and will pay it back, but if you do encounter unexpected difficulties with your repayment, we’re not inflexible. We’ll help you as far as we can, by extending the time you have to pay the money back. It never pays to make a stressful situation worse, so we won’t pressure you to pay more than you’re able to.