Wage Day Advance

WageDayAdvance loans are aimed to help with your short-term financial needs. They are registered by the FCA and have a Representative APR of 1223.6%. They also follow the government’s rule of 0.8% per day for a 21-day minimum. WageDayAdvance prides itself in being committed to responsible lending.

Wage Day Advance

Here are a few ways WageDayAdvance practices responsible lending:


Every application submitted to WageDayAdvance is carefully assessed to make sure that you indeed can afford to pay back the proposed repayments. This is to protect both you and their company. If you are unable to pay back the loan in the given time, it will ruin your credit score, and you will be tempted to fall into greater debt.

Amount Borrowed

You can only borrow the amount that you know you can repay. This includes all the interest that is added on as well. As a customer, it is important for you to provide the accurate information during your application. This is intended to help you in the long term so that you do not fall into debt. You should make sure you start a budget immediately if you have not already to determine when you will be able to pay back the loan.

Good Practice Charter

WageDayAdvance has signed up for the Good Practice Charter, which is a set of guidelines to ensure responsible lending. The membership is optional, but for the company to choose to sign up means at least they are doing the very minimum to make sure they are a responsible lender to their customers. If you find any company who is violating it, you can report to the trade association they are a part of.

The Good Practice Charter commits WageDayAdvance to not pressure you to enter any loan agreement nor to extend any contract. They must tell you exactly how your credit works and how much you will be paying including any fees. This makes sure you will never be charged any hidden costs. They are also responsible for helping you get financial help if you ask for it and will tell you at least three days before your repayment is due.

pay monthly loans


If you do happen to have economic changes and cannot repay your loan to WageDayAdvance, it is important that you notify them immediately. Most companies are willing to work with you in some way. However, you may be charged a late fee. The last thing you want is to be unresponsive and have loan sharks come hunting for you. This is far worse than payday loan companies and will not end well for you. If you have not paid anything for 60 days, WageDayAdvance will freeze your interest and charges. Of course, it will still ruin your further borrowing chances in the future, and you will have to report this whenever you apply for any credit, however, it is better than not doing anything.


Payday loans are to be avoided at all costs, but if you decided on one for emergency help, WageDayAdvance could be a company to look into for help.