About Us...

Welcome...

How much would you like to borrow?

Representative Example:
Borrow £700 for 12 months at £111.27 per month. Total repayment of £1335.24 Interest: £635.24. Interest rate 140% pa (fixed), Representative 277.5% APR**

We don’t charge set up fees or faster payment fees"

Select Loan Amount
Select Pay Date
  • Specific Day
  • Four Weekly
  • First Working Day
  • Last Working Day
Select Loan Term
If you don’t repay on time you may incur extra costs:
Default Interest

Maximum of 0.8% per day on the outstanding principal if your loan is still in arrears at the contractual end date subject to the application of the rate cap.

Missed payment fee
Maximum of £15 for any oustanding balance subject to UK regulation

For more information on the default fees and policy terms please consult your approved loan agreement

At redwallet we have become all too aware that things happen on a day to day basis, things you can’t account for when planning your finances. A car breakdown, a vet bill, the list goes on and on. A short term loan to see you through to payday is fast becoming a vital part of our day to day financial toolbox.

 

Allow redwallet to help, when money matters...

We want to match your lending requirements with one of our trusted, well established lending partners. You only having to fill out the form once and our system will do the rest. Saving you time filling out multiple forms on multiple sites.

 

• Redwallet is authorised and regulated by the Financial Conduct Authority, FCA Interim number: 635748

 

• We are also registered as a data controller with the Information Commissioner under DPA Registration number Z2056276.

 

We believe in responsible lending and our customer service reflects this. Our lenders only lend to the employed, which is why this short term lending facility has been dubbed “payday loan”, we do not believe in lending to those who want to use our service as a long term solution. We do not want our customers to get into long term debt, you need to assess your situation and ability to repay the loan and make a judgment based on your personal circumstances.

 

There are no hidden costs, we don't charge you for applying to redwallet. We want to be totally transparent so we wouldn’t ask you to go through the form filling process only to be hit with a bunch of extra chargers at the end. It is really important to be fully aware of the lenders terms and conditions who funds your loan. Make sure it is the right payday loan for you.




Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk