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The simplicity of same day loans UK acquisition and repayment is the primary advantage of these funds. When it comes time to make the repayment, lenders withdraw money straight out of the applicant's debit account and deposit the approved amount into their bank account. For convenient and timely repayment, the repayment date is modified based on the borrower's payday. Because of this, loan applicants prefer to obtain these funds at the real time of need because it streamlines the entire lending process.