×

We'll send you a secure PIN code by text message. You'll use this to finish your application.

Log in to myjar

How to Get a Loan

Everything you need to make the most of MYJAR

4 simple steps to borrow with MYJAR

1 Apply for a loan

Click APPLY to start application. Once completed we will present you with your personalised loan options.

2 Complete
application form

Keep the PIN handy we send you by text. At the end of the application form you will need to enter this.

3 Your payment
schedule

Choose the loan term and amount that suits you best and click BORROW.

4 Your loan is being
transferred

Once your loan is requested we'll send the money to your bank account within 15 minutes.

For more details visit our FAQs

How it works

The Annual Percentage Rate is a way of showing the cost to borrow money over a full year. Our Representative APR example, shows you an example of one of our loan terms and the cost of lending over that loan term.

We try to deal in absolute numbers to keep it simple - our standard daily rate for our 3 month loan is 0.75%. Here are some examples of some of our different loan options:

  • 3 month loan: 0.75% per day (or 75p for each £100 borrowed). 274% (variable) per annum. 1081% APR.
  • 6 month loan: 0.65% per day (or 65p for each £100 borrowed). 237% (variable) per annum. 774% APR.
  • 12 month loan: 0.35% per day (or 35p for each £100 borrowed). 128% (variable) per annum. 237% APR.

Managing your jar

How to repay

Login to your MYJAR account and you have a choice:

1. Pay the interest that has been accrued until today.

2. Pay more than the accrued interest and pay back some of the loan amount to reduce your future interest.

3. Pay in full and you will only be charged for the days that you have borrowed.

You can send a text to 82777 with the words LOAN REPAY and we will collect the full amount of your loan.

You can call us too on 020 3006 2000.

How to request a loan

For an existing customer it's really simple.......

1. Login to your account from your smartphone or computer.

2. Choose the amount you want to borrow from the slider.

3. Tell us your next pay date (so we can be sure your instalments fall on your monthly pay date).

4. Review the payment schedule and click CONFIRM. If you want a shorter loan you can change it to meet your needs.

If you are not on-line you can call us on 020 3006 2000.

If you are new to MYJAR click apply.

APR Explained

The Annual Percentage Rate is a way of showing the cost to borrow money over a full year. The Representative APR we show you is for a 3 month loan and, therefore, you will never be charged this big % in full.

We try to deal in absolute numbers to keep it simple - our standard daily rate for our 3 month loan is 0.75% or put it another way that is 75 pence per day for each £100 that you borrow. Customers eligible for a 12 month loan benefit from a lower rate of 0.35% per day or 35 pence per day for each £100.We try to deal in absolute numbers to keep it simple - our standard daily rate for our 3 month loan is 0.75% or put it another way that is 75 pence per day for each £100 that you borrow. Customers eligible for a 12 month loan benefit from a lower rate of 0.35% per day or 35 pence per day for each £100.


APR magnifying glass

Agreements

Credit agreement

This is the agreement between you and us and sets out the main terms and conditions.

Read credit agreement 

Website Terms

Here we explain the Terms & Conditions for our website. Take a moment to read.

Read Website Terms 

Policies

Cookie policy

Like many websites, this website uses cookies and here we describe what these cookies do.

Read Cookie policy 

Privacy policy

Your privacy is important. We describe the steps taken to keep your information secure.

Read Privacy policy 

Still
unsure?

Check out our frequently asked questions (FAQs) or get in touch for more help.

FAQs   Contact Us  

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk