Your Questions Answered

At Fancy A PayDay, we lend up to £150 on a first loan and may increase this on future loans depending on how conduct your loan account. If you pay on time and your circumstances don't significantly change, we may increase the amount you can borrow.

Because we use automated system in both our underwriting and funding processes, you will often receive your money the same day as you apply. However, we have two options for you to choose from: Express Loan (Same Day) and 48-Hour Loan. If you select the Express Loan, we will charge you a £25 fee and you will have the money the same day as long as we receive your application before the cut-off time of 2pm in order to process the application. Your loan must be approved before 5pm for an instant transfer, and it is therefore important for us to be able to contact you if necessary.

A 48-Hour Loan does not attract a fee, but will take 48 working hours before it will be in your account. Please bear in mind that this is 48 working hours, so weekends and bank holidays will cause a delay.

We charge a straight forward 30 pence per pound borrowed, or in other words an interest rate of 30%. There is also a £25 transfer fee for an Express Loan, which is added to your loan for your convenience (you must let us know if you do not want this added to your loan and would rather pay it at the tiome of application). The transfer fee also attracts interest at 30%. For more details on our charges and fees, please click here.

Part of the application process is to take details of your debit card and banking details. This is because we use an automated system to take payment from your debit card on the date your loan is due. We use this sytem to make the repayment of your loan very easy and hassle-free. It is therefore very important to ensure that you have the funds available on your loan due date.

When we take the payment for your loan repayment from your debit card, you will notice that the transaction says THL. This is an affiliated company that we use to collect payments. If you have any questions or concerns about this, please contact us.

We understand that from time to time unexpected stuff happens, and that may leave you a little short - which is probably why you took out a payday loan in the first place, right? However, we usually do require you to make a full loan repayment on the date that you have chosen, and we don't agree with any automatic system for extending your loan. We would not encourage you to borrow beyond your means, and likewise would not encourage you to keep rolling your debt over to another month therefore continually increasing the amount.

However, If you really cannot repay your loan on time you are encouraged to talk to us and let us know before your loan due date and we will review your individual case.

If you miss your loan payment and you have not made contact with us, your loan will attract daily interest of 1% of the outstanding balance of the original loan amount. If we need to trace you because you have moved address, or if you persist in not repaying your loan, further charges necessary for the recovery of the debt may be added to your account.

Our Consumer Credit License number is 611894, and Fancy A PayDay is a trading style of Total Homeloans Direct Ltd, registered in England: 6752234. Our company registered address is 19-25 Hill Street, Poole. BH15 1NR.