What is better. A direct lender or a broker. Can a direct lender provide guaranteed payday loans. Lets examine the difference between a direct lender and a broker. A direct lender processes your application and gives you money directly. In contrast, when you submit your application form to a broker, they sell it to direct lenders.
They may even charge a fee for this. The company that bought your application will then decide whether or not to lend to you. Our opinion: Borrow only from a direct lender.
If you need to pay an unexpected bill or solve an emergency expense quickly, our product could be the perfect payday loan alternative. When to use Cashfloat Payday loans 2. Have you been caught off guard by an unexpected bill. You have the money to pay for it, but not right this minute. If you just need a bit of cash to tide you over until payday, you can apply for a good credit easy approval personal loan day loan from Cashfloat.
Were a direct lender and weve already helped many people to obtain an affordable loan online. You can apply for up to £1,100 and get an instant decision. Once approved, we can deposit the cash advance into your bank account on the same day.
Such a loan from one of our lenders can help you get the cash you need. Just fill out our Online Form. Follow the short process and if you are approved, receive your cash loan. APR INFORMATION. Annual Percentage Rate (APR) is a measure of the cost of credit, expressed as a nominal yearly rate. It relates to the amount and timing of value received by the consumer to the amount and timing of payments made.
We cannot guarantee any APR since we are not a lender ourselves. An APR can generally run between 6 up to 35.