PoundAccess @ www.poundaccess.co.uk

Update: PoundAccess have now closed. Read More.

PoundAccess (Pound Access) is a direct payday lender based in London that operates at www.poundaccess.co.uk. This brand from VIA SMS UK Ltd looks to have launched their impressive flexible short term loan service in 2011. Loans from £1 and £500 are available that can stretch between 1 and 30 days. The pricing is set at just above 1% per day. The interest per £100 would cost £7.25 over a 7 day term or £31.07 over a 30 day term. An additional £5 fast transfer must also be added to the interest charge that will get that cash sent across quickly. Whilst many lenders match Wonga when it comes to loan term flexibility, non of them really match Wonga when it comes to offering flexible loan amounts.

PoundAccess looks to be the first lender to match Wonga by starting at just £1 that will allow you to apply for very small manageable loans. It clearly notes on their homepage that they operate during business hours between Monday and Friday whereby applications made at weekends will be processed on the next working day. This is a limitation when you consider that some of their competitors are now operating every day of the week. The PoundAccess loans site itself at www.poundaccess.co.uk includes account login and SSL encryption. They hold membership with the CCTA and can be reached by phone at 0844 619 1000 or by email at customer@poundaccess.co.uk. Another impressive feature in place here is in the ability to apply by text message should you be an existing customer.