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Wageme.com is a London based finance company operating exclusively online. The company has a consumer credit license from the FCA and is a member of the Finance and Leasing Association. They offer short term loans of maximum one month duration, aimed at individuals and businesses facing short term cash flow issues.
They are highly selective and lend only to people who they believe can repay quickly. Their policy is to encourage customers to make fast repayments rather than to continually extend a growing line of credit. They normally decline two out of every three first-time applicants for this reason. However their processes are transparent and objective. Their automated risk technology makes objective lending decisions in real time after making a comprehensive evaluation of the available data. 72
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