If it is advisable to present cost data to the collections department, CashNetUSA asks you to not fax or email any bank card or bank account info. You will need to word that any type of bad credit mortgage is designed to be responsibly borrowed and repaid. The CMA estimates that in 2012 there have been around 1.eight million payday loan prospects in the UK, taking out roughly 10.2 million loans, worth £2.eight billion.