Instant Payday loans
Payday loans are a convenient way of borrowing money when you need it. Because in most cases payday loans are instant, they can be a great solution to a cash emergency until you get your wages. If you can afford to repay it, a payday loan is much simpler than getting a traditional loan and much quicker than applying for a credit card.
You can apply for an instant payday loan 24 hours a day 7 days a week, the application process is totally online and requires no telephone calls or faxes. We won’t ask you why you want to borrow the money, all that matters to us is that you can repay the loan. Approval is often instant and you can often have the cash paid into your bank account within the hour.
To apply for a payday loan you must be 18 years old or over and be a UK resident receiving a regular wage. It is very important that you do not commit to getting a payday loan if you cannot afford to make the repayment.
Applying for a payday loan is simple
Applying for a payday loan is simple. All you need to do is fill in a very small form which should only take a minute or two, and getting approved is almost instant most of the time. Often you can have the cash paid into your bank account within the hour.
You can apply for a payday loan 24 hours a day 7 days a week. Most of the time loan applications are 100% online and require no faxes or phone calls.
Frequently asked questions
Can I get a payday loan?
Our payday loans aren't too difficult to get as long as you meet our minimum requirements although there can be exceptions and loan approval is not guaranteed.
Here are the minimum requirements to consider before you apply:
- You must be over 18 years of age.
- You must be a UK resident and eligible to work.
- You must be employed and receive a regular take home salary of £750 per month or more.
- You must have a UK bank account that accepts direct debits.
- You must have your wages paid directly into your bank account.
Payday loans with bad credit
If you have a poor credit history you can still get a payday loan, it is not a normally a problem as long as you can demonstrate the ability to pay back the loan. While best efforts are made to find a lender from the panel of short term lenders willing to offer the loan are made, an offer of finance is not promised or implied.
Payday loans are not a debt solution. If you find that you are often struggling financially it is well worth seeking independent debt advice.
Free Debt Advice
When you are worried about debt it often feels like you are facing it all by yourself. There is help on hand with several agencies offering free independent debt advice.
- National Debtline View website →
- Consumer Credit Counselling Service (CCCS) View website →
- Community Legal Advice (CLA) View website →
- Payplan View website →
- Advice guide View website →
The costs of payday loans
Interest charges on payday loans look high if you look at the representative APR of 1737%(variable). This is because payday loans are for short periods of time, up to a maximum of 31 days. The average cost of a loan is £25 for every £100 borrowed.
Representative APR is 1737%. If you were to borrow £200 for 30 days the total amount repayable would be £250.
|Loan Amount||Total to Repay|