SteadyPay - Smart Money Loans 7.2.09

We offer a unique service where we adjust your income if it falls below its usual level, with no added interest or hidden costs. In addition to this financial support, SteadyPay aids in building credit and provides extra funds when necessary.

When using SteadyPay, you can access regular payments to assist in managing your finances effectively, allowing for budgeting control, savings initiation, and ongoing awareness of your bank balance. Our platform serves as a safety net, relieving you of cash worries, so you can focus on more important matters.

Unlike conventional lenders and banks, we refrain from imposing interest charges, emphasizing a philosophy centered on fair and transparent financial practices for all. With trust being paramount to us, there are no concealed fees – just a straightforward £7 weekly subscription fee. Users can access up to £1,000 in credit capital dedicated to topping up their earnings via our automated system.

Repayments are structured into manageable installments, featuring a clearly defined and fixed repayment schedule. These payments contribute towards refreshing your credit for future top-ups. If subsequent paychecks fall below the usual amount, we offer a temporary pause on repayments, along with an additional top-up and new installment plan to maintain financial stability.

By utilizing our mobile app, you gain the following functionalities:

• Apply and become a certified customer
• Securely connect with your primary bank account to assess your usual income and determine if a top-up is needed
• Manage your top-ups and installment plans independently
• Check your balance report
• Make optional repayments via debit card
• Receive notifications
• Contact our dedicated customer support team
• Cancel the service after repayment of the outstanding balance

Key Information:

• Upon application, we conduct a credit check based on an internal scoring system designed to extend services to a broader customer base compared to traditional lenders
• To qualify for top-up offers, you must maintain the subscription for at least two weeks; earlier eligibility is possible for employees of SteadyPay partners
• All top-up offers are contingent upon verification of employment status and continued affordability assessments

SteadyPay is a leading UK fintech company authorized by the Financial Conduct Authority (FCA) under Consumer Credit license number 789333. Our offering is a revolving credit account aimed at supplementing your payments over time, distinct from short-term payday loans or paycheck advances.

The representative APR stands at 36.4%, based on borrowing £1,000 through top-ups. This translates to an annual subscription cost of £364 with no interest or additional fees involved, ensuring that you never pay more than the value of your chosen top-ups.

Loan Details:

• Minimum repayment period: 3 months
• Maximum repayment period: 18 months
• Highest Annual Percentage Rate (APR): 36.4%

A sample breakdown of the loan's total cost:
Total credit amount: £1,000
Repayment period: 3 months
Total subscription fees: £91 (£7 per week)
Total interest fees: £0
Total other fees: £0
Total monthly payment: £363.7
Total amount payable: £1,091
Representative cost: 36.4%