Another great Mr Lender competition.

COMPETITION TIME!

mr lender competitionWe’re offering one lucky person a £50 cash prize, with no obligation necessary.

You can get two entries into our draw by doing the following:

Follow us on Twitter and RT our competition status.

Like us on Facebook and Share the competition status.

This week’s competition ends on Friday November 29th at 11am.

Good Luck!

Click here for our terms and conditions.

Mr Lender’s advice for living on a budget – #1

The Mr Lender logo

Here at Mr Lender, we care about your personal finance.

As part of a new series of blog posts, we’re offering our own impartial advice, helping you with budgeting and ensuring that you live within your means.

Remember, you, and you alone are in control of your own finances, and we believe, that one of the best places to start is by using a budget planner. We have created our own for you to download below.

How to get started on your budget planner!

1. You will need to ensure that your computer/tablet/smartphone, has access to a spreadsheet programme like Microsoft Excel.

2. Think about what you spend and write a list of all of your outgoings. To help you get started, we have put our planner into categories – but you can change/edit these as you see fit.

payday loan budget planner

Our categories are quite simple in our planner, however, you can add extra detail to keep it personalised if you wish – that is all down to you.


3. We also created two finance columns:

  • Expected Amount – This is for the money that you think you spend. While your rent and bills may be a fixed price, other areas might be more difficult to estimate (Try and fill this in as soon as you can).
  • Actual Amount – From the day you get paid, input all the amounts into this column as they appear in your bank statement. Continue this throughout the month as your direct debits and outgoings occur.
Mr Lender budget planner screenshot

Calculating your actual spend vs what you think you spend is crucial for future budgeting.

4. Use the right calculations. Remember to deduct your monthly outgoings from your monthly income. We have done the formula for you in our version (downloadable at the end of this blog).

5. Be honest. You’re only cheating yourself if your results are not as accurate as you would like them to be. Calculate every last transaction, down to the penny.

6. Either click here or on the image below to download our excel file to get started.

budget planning

Click on the image to download our own monthly budget planner.

7. Reality Check.

At the end of the month you will have a clearer and more realistic indication of what your average monthly spend looks like.

Are there any areas you think you overspend on? Can you make easy cutbacks without having to sacrifice too much?

Where do we go from here? Our next blog post in the series is coming soon.

How much will a payday loan cost me?

Payday loans are short term loans which can aid those who need cash at the last minute.

If an unexpected bill arises or you need a last minute home repair, payday loans can provide an ideal choice for those who need a short term fix but do not want to access an unauthorized overdraft or apply for a credit card.

Mr Lender is here to help you.

How much will it cost me?
Here at Mr Lender, we charge up to £35 interest for every £100 you borrow, so, for example the total amount payable when you borrow £100 will be £135.

There is an administration fee of £7 and same day bank transfer fee of £10.
If you have been accepted for a loan of £100, you will receive £83 into your bank account. That is £100 minus the administration fee and same day bank transfer fee. If you do not choose same day transfer, the balance will change accordingly to the correct fee amount.
Interest will be payable on the amount of credit, the administration fee and, where applicable, the same day transfer fee.

Competition terms and conditions.

Mr Lender host prize draws and competitions from time to time. These can be online, via our social networks (predominantly our Twitter and Facebook), email, blog or website or available to our customer base.

Here are the terms and conditions for competitions and prize draws held at Mr Lender:

  • The closing date for all competitions is stated on each individual prize draw or competition.
  • If competition is held on social media platform, then entry is one entry, per social media platform, per person. (Entry via multiple social networks is allowed if this is stipulated).
  • If competition is an offline prize draw, then entry is one entry per person per prize draw/competition.
  • Multiple entries are acceptable, but only one will go into the draw to allow for equal chances for all entrants.
  • Mr Lender reserves the right to replace the prize with an alternative prize of equal or higher value if necessary.
  • No purchase necessary.
  • Prize draws and competitions are only open to UK residents aged 18 years or over.
  • Employees (and their families), their agents or related third parties of Mr Lender are not illegible for entry. Any entries found to be from these persons will be immediately disqualified.
  • Winner(s) will be selected at random after the closing date by randomising software. This decision is final.
  • Winner(s) will be notified via email or telephone or via our social networks within 6 weeks of the closing date.
  • Following the notification, the winner will be required to send their details required as requested, by our marketing department in order for the prize to be fulfilled to them.
  • If Mr Lender cannot contact the winner (via the details they provided) within a reasonable period of time (to be established at Mr Lender’s discretion) or the winner does not return details to Mr Lender within 14 days of notification that they have won the prize, then Mr Lender reserves the right to re-draw a winner of the prize draw/competition until a winner on these terms is found.
  • For postal prizes, please allow 28 days for delivery. We accept no responsibility for the prize being lost, damaged or delayed in the post.
  • Upon entering a Mr Lender prize draw or competition, you agree to having your name, details and photo published online.
  • The promoter is PDL Finance T/A Mr Lender Ltd, Po Box 366, Loughton IG10 9EW.
  • A list of winners will be available six weeks after the closing date by sending a SAE to the above address marked FAO The Marketing Department.
  • An additional copy of our Privacy Policy can be found here.

Welcome!

Welcome to the brand new Mr Lender blog.

Who are we?

Mr Lender, is a payday loan provider, established in 2009. We like to help those in short-term financial difficulty by providing loans between £80 and £500 that will generally be repaid within 30 days.

How do I qualify?

At the time of application you must:

  • Be over the age of 20.
  • Have a regular income of £800 (net) per month.
  • Hold a valid debit card.

How does it work?

For the best experience possible, we first recommend visiting www.mrlender.com – our homepage will do most of the work for you.

mr lender homepage sliders

Our easy to use homepage sliders.

Simply enter your required loan amount, and the date your next payday falls on.

So that seems easy enough….what comes next?

Once you click ‘Apply Now’, you will be greeted with the screen below – enter your details as instructed.

mr lender contact form website

The simple Mr Lender contact form.

Click the ‘Submit’ button to receive a phone call from one of our trained advisers, who will go through your application with you and let you know whether it has been successful.

Once approved your loan could be with you within the hour!

Unable to apply online? Don’t worry!

You can still contact us via telephone on: 0208 532 5036.

Are you following Mr Lender on social media? You can find us on Twitter by clicking here and our Facebook account by clicking here.

Please note: We will NOT lend to any customers that have any evidence of CCJs, IVAs or Bankruptcy. All applications are subject to credit checks and affordability assessments and not everyone who applies will be offered a loan or the amount applied for. Our advisers will do their best to help.