MyJar

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Company Information

  • Company Name:
    MyJar
  • Website Address:
  • FCA IP:
    673214
  • Business address:
    Moss House, 15–16 Brooks Mews, London, W1K 4DS
  • Phone number:
    020 3006 2000

MyJar (https://www.myjar.com/) trading as MyJar limited and one of the most well known companies in the short term lending arena. Formed in 2009, they’ve borrowed over £405 million across the past 8 years making them one of the biggest (and most trusted) firms out there.

Since starting out, they’ve processed over 2 million loan applications and across the industry boast one of the highest approval ratings on third party websites such as TrustPilot.

APPLICATION REQUIREMENTS:

The requirements for taking out a loan via MyJar are fairly straight forward. You must be a permanent UK resident, be 18 or over and have a regular source of income. You will also need to have a verifiable e-mail address and mobile phone number. Finally, you will need to hold a UK bank account as this is where your loan will be paid and subsequent repayments taken from.

LOAN AMOUNT AND CHARGES:

MyJar offer some of the largest short term loans in the business along with some of the best repayment terms. Their maximum loan amount is currently £3,600 for both first time and regular applications which leaves a lot of other lenders in the shade. You can also opt to pay back the loan over 12 months.

There are no hidden fees associated with MyJar payday loans but the interest rate does vary based on the term you’re taking the loan over so make sure you check that before accepting any loan.

PROCESS:

Providing you meet the requirements outlined above it’s simply a case of visiting the MyJar site and running through the online application process. Should you be successful in your application once complete you’ll be presented with an acceptance screen outlining the proposed amount they’re willing to lend you and the interest on top. You can then decide whether or not to accept the loan.

PAYMENT:

The loan itself is sent directly to your bank account upon approval. This usually happens same day and the subsequent repayments of the loan are deducted from your debit card on a month to month basis.

14 Reviews of MyJar have been submitted - read the latest 3 below

I really like my jar because they accept me overtime even though my credit history isn't great. The staff are really friendly and are by far my favourite lender. They are the most reasonably priced lender that I have dealt with. The application is really easy to do and they send you the money very quickly which I like because if there is every an emergency bill that needs to be paid I know I can rely on my jar to help me out. Id recommend my jar to people who want some quick cash at a decent price. If you need to speak to the staff they are very nice and willing to help you out.

Review posted by JonnySpeed

  • Customer Service
  • Flexibility
  • Ease Of Use
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Every so often I like to treat myself to a little shopping spree thanks to the payday loans I take out. I can never be bothered saving up so I usually take out a loan when I want to buy some new stuff.

People have complained and said I was taking out the loans for a stupid reason but If I can afford to pay it back then I don't see what the problem is. I have a relatively well paid job but I live in a very expensive area and everything is not cheap. A can of beans is like 2 quid around here.

Review posted by Emily

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Thanks a lot my jar! You helped me out of some real money problems over the years and I can't thank you all enough.

I had a serious betting problem and couldn't hold onto any amount of money without spending it on booze or bets.

I used the money from the loan go to a private rehab in the countryside to keep me away from everything and It worked.

my jar have a very straight forward application and offer a long term payment option if you can't afford to pay it off quickly.

Thanks again my jar keep up the good work!

Review posted by M.Carl

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money