CreditStar (https://www.creditstar.co.uk) is a payday loan lender based in London. CreditStar offer their services to a total of 8 different countries and define themselves as managing their client relationships with a positive tone, being respectful and friendly throughout.
CreditStar are a direct lender and are fully authorised by the FCA. They pride themselves on their customer service and 94% of their customers feel that they are a great help.
APPLICATION REQUIREMENTS:
To be eligible for a loan from CreditStar you need to be an employed UK resident at least 18 years of age, have a UK bank account with a debit card, a mobile telephone number and an email address.
LOAN AMOUNT AND CHARGES:
CreditStar offer loans of between £100 and £700 but first time borrowers are limited to borrowing £300. The interest rate on the loan can change depending on the amount of time you wish to borrow for, this can all be decided before you agree to the loan. There are no hidden fees and everything is straightforward and transparent.
PROCESS:
The application process with CreditStar is very simple. There is a slider on the homepage that allows you to choose the amount and duration of the loan. At the side the interest rate and total amount repayable is clearly illustrated. If you then apply you fill out a short form and then wait for an email to be sent to you. Once you have confirmed your email address you then need to fill out the rest of the application form.
PAYMENT:
If your application is successful, the loan can be transferred to your bank account within 30 minutes. Loans are only granted between the hours of 9am – 8pm, 7 days per week.
On the due date, the full amount of the loan plus any interest is collected from your bank account. You will receive a text message and email 3 days before the payment is collected to remind you that repayment is due.
There is a £15 charge plus a daily interest rate of 0.8% for late payments. If you have difficulty in making any repayment then you should contact CreditStar directly.
