Payl8r is a simple payment option that enables you to purchase any course and spread the cost over time period to suit.
Will I qualify?
If you have a UK bank account or debit card, you can use Payl8r!
No CCJs within the last 3 yearsNo accounts in defaultBe a UK residentHave online bankingRegular source of income
Finance is subject to your ability to repay the loan
You can repay in full within 30 days at 0% interest, or choose an instalment plan to repay on a monthly basis. You can change your instalment plan at any time.
How It Works
Payl8r is a registered Trading name, Credit Introducer and Appointed Representative of Social Money Ltd t/a Payl8r, a company registered in England under company number 08054296 and is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number: 675283. registered with the Office of the Information Commissioner reference number 08054296.
How does Payl8r assess your affordability
If you fail a traditional credit check, rather than rejecting your application Payl8r may give you the option to submit your affordability instead. Payl8r does this through a technology called Bank-Vision. Bank-Vision is a fully FCA approved piece of technology that enables you to send over the last 3 months of your statements in the click of a button so Payl8r can see whether you can afford the instalments!