up to £750
MYJAR offer short term instalment loans from £100 up to £3600 over different repayment periods. Newer customers are limited to a lower loan amount for their first loan.
MYJAR offer short term instalment loans from £100 up to £3600 over different repayment periods. Newer customers are limited to a lower loan amount for their first loan. Larger amounts are available to borrow over longer periods at a lower daily interest rate. A tailored loan will be worked out for your specific needs with the friendly website and customer service teams. The minimum term contract for a MYJAR loan is 3 months and the maximum is 12 months however you are able to repay any loan early and you’ll only pay interest on the time you’ve had the loan.
Representative Example: Borrow £500 for 6 months. Annual interest rate 238% (variable). 1 instalment of £142.10 & 5 equal instalments of £142.42. Total amount to repay £854.20. Representative 788% APR. Maximum APR:1326%
How quickly do I get my loan?
You can apply for a MYJAR loan 24 hours a day, 7 days a week on their website. Once your loan has been approved they will send your loan to your bank account via Faster Payments free of charge, usually within 15 minutes of your loan request. Once you have registered and been approved for your first loan, you can request further loans (only 1 loan per customer at any time) by simply logging into your account.
How do I repay my loan?
Before a payment is taken, MYJAR will send you a reminder to let you know how much they are going to collect this will be by SMS text and email. Loan repayments are taken straight from your debit card on your agreed repayment date.
What happens if I miss payments?
If you are unable to make a payment or feel that you may not have the money in your account for them to collect, you should contact MYJAR immediately. They can be reached on 0203 006 2000 or email firstname.lastname@example.org they will advise you and help to create an affordable repayment plan. MYJAR may allow you additional time to pay your loan if you contact them early to discuss your financial difficulties. They will work with you to settle your loan account and work closely with many debt support charities. MYJAR will add a default fee of £15 to your account 3 days after the first payment has been missed.
Loan Qualification Criteria
- You must be living in the UK
- You must be over 18 years of age
- You must have a mobile phone and email address to receive verification PIN’s and loan agreements
- You must have a regular income
- You must have a UK bank account with a valid debit card
- MYJAR are authorised and regulated by the Financial Conduct Authority
020 3006 2000 email@example.com www.myjar.com
Please be aware: Defaulting on your loan will negatively impact your credit rating! Late repayment can cause you serious money problems please be sure you can take on a loan. For facts on borrowing and advice we would recommend the following unbiased organisations: