Vivus Loans – Short Term Online Loans With Quick Approval!!!

Vivus loans UK is closing their UK operation office. The company will no longer issue any new payday loans and won`t accept any new loan applications. The reason for this is still unknown.

Vivus provides short term online loans to UK consumers up to £500.

Vivus (vivus.co.uk) is a simple and cleanly sorted short-term lending service, and on your first loan, interest is payable at an incredibly low rate of 0.4% per day for the duration of the agreement! Vivus.co.uk  is a payday lending company whose loans are designed to be paid off in one simple repayment when you get paid. Subsequent loans however, have interest payable at their standard rate. If you haven’t paid 5 days after the agreed date, a £15 late payment fee will be applied and interest will continue to be added at the same rate.

Vivus is a trading name of V7 Ltd, and is registered as a data controller with the Information Commissioner’s Office. It’s a simple product, but one must think about it carefully and make sure one completely understands before deciding to apply, to ensure it’s suitable for one’s needs. High-cost short-term credit is an expensive form of borrowing and is not suitable for sustained borrowing over longer periods.

First-time borrowers can borrow from £100 to £500. 

As long as you are able to repay the loan on the agreed date. The first Vivus loan is offered at half price, so you’ll pay interest at 0.4% of the loan amount each day before payment. If you’ve borrowed from Vivus before and have repaid your loan on time, the next time you may be able to borrow up to £700, so long as you can afford the repayment. The future loans however, will have 0.8% interest rate.

To apply, you’re required to have the following in check:

1. You must be of 18 years old or above
2. You must be employed
3. Be a UK resident
4. You must have a UK bank account with a debit card
5. Be able to afford the repayment on the agreed date
6. Have a mobile phone and email address

Vivus Loans Opening Hours:

UK official holidays, closed

Summary

Reviewer

admin

Review Date

2017-04-02

Reviewed Item

Vivus Loans - Short Term Online Loans With Quick Approval

Author Rating

5