E Payday

Company Profile

E Payday is an online payday lender in the UK and a trading style of First Choice Credit Limited.

Loan Product

E Payday offers payday loans with three repayment options. Customers can pay back the loan amount in full with interest fee on the due date, or choose between these options:

1. Pay back a minimum repayment amount (sum of interest fee and principal) to minimize interest for the next month. In doing so, the loan can be closed in six months.
2. Pay back a sum greater than the minimum repayment amount to minimize interest and at the same time, close the loan early. No penalties will be levied.

Features:

• Loan amounts up to £500
• Interest of 20% on the loan amount
• For 14 days, after each repayment date, customers can make a full or partial payment that is completely interest free