Payday Loan Customer Demographics


Customers must have an active bank account that holds a debit card with an established bank, and must be full time employed.

The payday advance customer base covers a broad spectrum of age and income levels.


Customer Statistics

The statistics below are averages from all MEM Consumer Finance Ltd payday loan applicants:

  • Average annual household income is £19,000.

  • Average age is 31.4 years old.

  • Approximately 35.8 percent of customers own a home.

  • Average length of time in current residence is 53 months (4.4 years).

  • Average length of time in current employment is 46 months (3.9 years).

Why Use A Payday Loan?

The My Payday Loan Guarantee:

The loan charges we quote to you are all you have to pay.

There are no hidden charges at My Payday Loan!

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