JL Money Weekly Loans
up to £750
JL Money weekly loans are a payday loan company that offer loans from £100 to £2,000, instalments can be made over 13, 26 or 52 weeks.
About JL Money Weekly Loans
JL Money weekly loans are a payday loan company that offer loans from £100 to £2,000, instalments can be made over 13, 26 or 52 weeks. You will need to have a guarantor if you wish to borrow anything more than £500 initially this guarantor cannot be a family member. you have the option to pay your loan early at any time and the only interest charged will be for the days that you have actually had the loan.
Representative example: Borrow £250 for 3 months. Total cost of credit £75 comprising interest only. Total amount repayable £325 in 3 instalments of £108.34 each month. Interest rate 120% p.a. (fixed). Representative APR 400.83%.
How quickly do I get my loan?
With JL Money a decision is made usually within 30 minutes between the hours of 9:30 and 5:30 on a normal weekday if the application is made over the phone. Once a loan has been approved, transfer of funds is usually paid within 2 hours to your chosen bank account.
How do I repay my loan?
JL Money Weekly Loans tailor their instalments to suit the applicant, and loan repayments can be made monthly or weekly and will be collected directly from your debit card, or via a direct debit from your bank account. It is important to consider should you miss a direct debit payment you can also incur bank charges as well as possible late payment charges from JL Money
What happens if I miss payments?
If you find yourself in difficulty and think you may miss a payment, you should contact the customer service team on 0203 302 4020, they are able to offer helpful and friendly advice. It is important to be aware that interest maybe continue to be added to your loan account while you have a payment outstanding, this can happen until the balance reaches the legal limit of 100% of the initial amount borrowed. Should non-payments continue this could lead to your account being passed over to external debt collectors, plus JL Money will charge a fee of £15 for missed payments.
Additional Charges from J L Money
Transfer Fee (if you choose CHAPS over Faster Payments): £3
Chargeback Fee: £25
Direct Debit Return Fee: £15
Subject Access Request Fee: £10
Default Fee: £15
Loan Qualification Criteria
- You must be able to provide a guarantor (not a family member) should you wish to borrow more than £500
- You must have a UK bank account with a bank card.
- You must be a UK citizen over 18 years of age
- JL Money is a trading name of Jeremy Lawrence Limited
- Pounds to Pocket are authorised and regulated by the Financial Conduct Authority
JL Money Weekly Loans
0203 302 4020 Loans@jeremy-lawrence.co.uk
Late repayment can cause you serious money problems – be sure take advice before you take on a loan. For facts and advice on borrowing, visit the Government’s website, www.moneyadviceservice.org.uk. Always talk to your loan provider quickly should you find yourself in financial difficulty.