PAYDAY LOANS

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Payday Loans are a quick and easy way to get cash when needed, especially in an emergency. For example if you need to pay to have your car repaired or have bills that need payment immediately using a payday loan can be an effective way to get the funds you need. It might just be that you need some extra cash to help you with your day to day living costs. These loans are called payday loans - no credit check is usually required- as generally they are short term loans offered to individuals who have a job. Payday loans are unsecured loans that are designed to tie you over until your next payday. Payday lenders generally expect to be paid back in full when the borrower receives their salary, although there is usually a 30 day period to make the repayment, hence the term 'payday loans'. The reason why these loans are so popular is because they are very accessible and fast. Most lenders can lend to you on the same day.

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

Search Report: All Payday Loans  Text  Mobile  Lenders  Brokers  Instant Decision  Online Application  No Credit Check  Bad Credit

Product Type: Payday Loans  Instalment Loans  Short Term Loans

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

PROVIDERTYPE

TYPE

Lender / Broker

APR

APR

A Representative APR is a financial service concept in which interest rates quoted through advertising media is required to take into account all charges associated with a product, in addition to the interest rate

LOAN AMOUNT

LOAN AMOUNT

Total amount you can borrow

MIN TERM

MIN TERM

Minimum loan duration

MAX TERM

MAX TERM

Maximum loan duration

FEATURES

FEATURES

List of features of loan

ID REQUIRED

ID REQUIRED

List of ID required to obtain a loan

SUITABLE

SUITABLE

Who the loan is suitable for

RESTRICTIONS

RESTRICTIONS

Restrictions regarding potential borrowers

MORE INFO

Fast Online Payday
: Fast Online Payday

Broker1734%
Representative Example

Representative Example

Representative Example: £275 borrowed for 28 days. Annual interest rate of 359.40% (fixed). Total amount repayable by one repayment is £357.36. 1734% APR Representative.

£100 - £7501 week1 monthFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: Yes
Repayable: £125
Extention: Dependent on lender

Identification

Identification

Generally not required – Pay Me Now offer instant online approval

Suitable For

Suitable For

Same day deposit

Restrictions

Restrictions

You must be over the age of 18 years old.

: Fast Online Payday
Fast Online Payday cover your short term cash flow issues, helping you avoid bank or credit card charges, pay unexpected bills or even treat yourself when you know payday is just around the corner. There are no awkward questions just simple qualification criteria. Borrow up to £1000 and they will do their best to get the cleared cash funds in your account in 15mins. They have a high acceptance rate and you can borrow any amount between £100 and £1000 payable within 31 days. A simple debit card transaction is used for repayment. DETAIL INFORMATION >>Terms

Terms

Over 18, employed, earning minimum £650 per month. Payment should be within 31 days.


Advantages

Advantages

1. Possible to roll the loan over 2 times - i.e. 3 months total
2. Same day deposit sometimes within 15mins


Disadvantages

Disadvantages

1. Payday loans are not a long term solution for financial problems

First Choice Capital Resources
: First Choice Capital Resources

Broker2623.3%
Representative Example

Representative Example

Borrow £225 for 29 days. The total charge for credit is £67.50. Interest is fixed at a rate of 377.8% p.a. The Total Amount Repayable is 1 payment of £292.50.

£100.00 - £750.001 monthUp to 24 monthsFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: No
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Bad Credit: No
Repayable: £130
Extention:

Identification

Identification

Personal and financial information

Suitable For

Suitable For

All types of borrowers - even those with bad credit history, and CCJs

Restrictions

Restrictions

See website for restrictions

: First Choice Capital Resources
First Choice Capital Resources have tailored a loans service for individuals with bad credit. The application form takes a few minutes to complete and if successful, an unsecured loan could be deposited in to your bank account with payment terms ranging between one and twenty four months. First Choice Capital Resources is a free service and aim to match the right products and services to suit your needs. You create one simple online profile, and they search their entire network for you. Always read the terms and conditions carefully. DETAIL INFORMATION >>Terms

Terms

Some lenders consider the existence of an active credit and/or debit account as part of their decision making process


Advantages

Advantages

1. Quick Application form - takes only a few minutes
2. Flexible loan terms ranging from 1 to 24 months
3. FREE service matching you with the best products for your requirements
4. Borrow anything from £100-£2500


Disadvantages

Disadvantages

1. Some lenders consider the existence of an active credit and/or debit account as part of their decision making process
2. Unsecured Cash Loan installment offer may take up to 2 weeks to process
3. Maximum borrowing is £2,500
4. Payday loans are not long term solution for debt problems

Lending Stream
: Lending Stream

Lender5387.8%
Representative Example

Representative Example

Annual Interest Rate: 427.9% (Fixed). Total Amount of credit: £200. Representative APR: 5387.8% Duration of Agreement: 6 months. Total Amount Payable: £472. Total Charge of credit: £272.

£50.00 - £1,500.001 month6 monthsFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: Yes
Repayable: £130
Extention:

Identification

Identification

None

Suitable For

Suitable For

Emergency cash needs

Restrictions

Restrictions

Only for UK residents

: Lending Stream
Lending Stream offers short-term loans that are paid back in monthly instalments over six months. Lending Stream accepts applications 24 hours a day, 7 days a week, even on bank holidays. We encourage our customers to repay early to save on interest and provide online account management features for making payments and checking account balances. Lending Stream has been providing short-term loans since 2008 and is a member of the BCCA and CCTA. We run an affordability analysis on all applications to help assess whether you are able to repay the loan in a sustainable manner. DETAIL INFORMATION >>Terms

Terms

You need to be 18 years of age, or older, be in regular employment with a minimum monthly income of at least £400, and have a valid debit card and a working bank account. You should also be a UK resident. We currently do not lend to individuals who are self-employed


Advantages

Advantages


1. Upon approval, fund transfer initiated within 4 minutes (the time that it takes for cash to appear in your account will depend on your bank’s policies and procedures). 
2. New loans £800;Returning customers can receive up to £1,500 
3. Repay your loan over 6 months


Disadvantages

Disadvantages

Lending of this type is an expensive form of credit that may be appropriate for short-term financial needs, but may not be appropriate for long-term borrowing - or if you are in financial difficulty.

Sunny
: Sunny

Lender1971%
Representative Example

Representative Example

Representative Example: Representative 1971% APR (variable) based on an assumed credit limit of £350. Representative example: £350 borrowed for 12 months. Interest 345% p.a. variable. Total amount repayable £1267.80 in 12 payments of £105.65 per month. Total cost for credit £917.80 comprising interest of £917.80.

£100.00 - £1,000.003days5 monthsFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: Yes
Repayable: £128.99
Extention:

Identification

Identification

Bank account and debit card details

Suitable For

Suitable For

If you need a short term loan

Restrictions

Restrictions

You need to be 18 years old or over

: Sunny
Sunny offers a flexible credit from £100 to £1000 for up to five months. At Sunny, you’ll never pay a fee so you don’t have to worry about application fees, funding fees, rollover fees or late fees. You’ll only pay daily interest on what you borrow. Sunny offers several flexible payment schedules for you to choose from, the quicker you repay your balance the less interest you pay. At any point you can repay the remainder of your balance early without being charged an extra fee, you pay only the daily interest on the amount you borrowed. DETAIL INFORMATION >>Terms

Terms

You need to be 18 years old or over, living in the UK and have a UK bank account with an active debit card. Loan amounts are based on consumer's credit history and ability to repay loan


Advantages

Advantages

1. No Fees, you only pay interest on what you borrow 

2. Flexible payment schedules 
3. You can lower your interest rate
4. The money is sent to your bank account within 15 minutes, if approved


Disadvantages

Disadvantages

1.Not advisable for long term solutions

MYJAR
: MYJAR

Lender3943%
Representative Example

Representative Example

BORROWING: £100 

DAYS: 18 
INTEREST: £20 
TOTAL: £120 
Annual interest. 406% (variable)
 Representative: 3943% APR

£100.00 - £500.001 day18 daysFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: Yes
Debit Card: Yes
Bank Account: Yes
Bad Credit: No
Repayable: £120
Extention: Not Permitted

Identification

Identification

Bank account and debit card details

Suitable For

Suitable For

Emergency cash needs of up to £100 (£500 for returning customers)

Restrictions

Restrictions

1. You must be living in the UK.
2. You must be employed with a regular minimum £400 income.
3. You must have a mobile phone and email address

: MYJAR
MYJAR provides a straightforward and hassle-free short-term loan service. They pride themselves on being customer friendly and efficient, cash is usually sent to our borrowers within 15 minutes of their loan request. MYJAR approves short term loans in no time and can offer you loans of up to £500 (£100 for first time borrowers). Applying is easy, follow instructions online and you will receive the cash in your bank account within minutes. You can use the MYJAR service whenever you need it so if you have emergency cash needs a short term loan is only a minutes away. DETAIL INFORMATION >>Terms

Terms

You must be living in the UK, get a regular minimum £400 income, have mobile phone and e-mail address


Advantages

Advantages

1. Account debited after 18 days.
2. Open from Monday-Friday 6.00am - 23.00pm, Sat-Sun 9:00am - 18:00pm
3. Up to £500 to existing customers


Disadvantages

Disadvantages


1. You can only borrow £100 as first time borrower.
2. Overdue reminder will cost £25
3. Payday loan charged at £20 per £100 borrowed.

Zooma Loan
: Zooma Loan

Broker527%
Representative Example

Representative Example

n/a

£100.00 - £1,500.00Depending on lenderDepending on lenderFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Bad Credit: No
Repayable: Ask on application
Extention:

Identification

Identification

Personal details

Suitable For

Suitable For

Short notice loan

Restrictions

Restrictions

Ask on application

: Zooma Loan
ZoomaLoan offer a range of loan solutions for people who are unable or simply do not want to deal with the inflexible terms of major banks and finance companies. As a leading broker ZoomaLoan has relationships with many top UK lenders. They only deal with reputable lenders - many of which are owned by major banks. Zooma do not charge a fee and the consumer is under no obligation to commit to any of the loans they find for them. DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1. Instant decision
2. Paid within 1 hour


Disadvantages

Disadvantages

Not for long term loan solution

Shelby Finance Term Loan
: Shelby Finance Term Loan

Lender1568.1%
Representative Example

Representative Example

Borrow £150. Total amount repayable £315 in 6 equal installments of £52.50 on your next 6 paydays. Interest is fixed 300% p.a.. Pay £27.45 per month per £100 borrowed the representative APR is 1568.1%

£100.00 - £600.001 month6 monthsFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Bad Credit: No
Repayable: £315
Extention: no

Identification

Identification

Bank Account required

Suitable For

Suitable For

Short term loan

Restrictions

Restrictions

Not if you are under 18 years old

: Shelby Finance Term Loan
Apply online in a few minutes and borrow up to £600. You will receive an instant decision, the money will be paid at the same day. Repayments will be split equally over 6 months, but you have the option to repay the loan at any point during this time. As a trusted credit provider, we offer transparent and safe term loans for UK residents. DETAIL INFORMATION >>Terms

Terms

You must be over 18 to be eligible, be employed and you have to be living in the UK (England, Scotland, Wales or Northern Ireland). You must have a valid bank account. We run checks on the information you provide in your loan application since we want to be sure you are able to pay back the loan as intended.1. Customers have to repay by Direct Debit to setup account, even though they can pay off at any time


Advantages

Advantages

1.Repayments at any time
2.Easy online calculation
3.Fast transfer


Disadvantages

Disadvantages

1.First time lenders only get £300
2.£15 Transfer Fee deducted before the transfer of the loan

Payday Kong
: Payday Kong

Broker1734%
Representative Example

Representative Example

Borrow £200 for 28 days. The total charge for credit is £50. Interest is fixed at a rate of £50 per £200 loan (326% per annum). The Total Repayable is £250. Representative 1734% APR 1734% | Note this is an average representative APR. Your rate could vary depending on the payday or short term loan lender that accepts you.

£50.00 - £1,000.00Ask on application31 daysFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: Yes
Repayable: £250
Extention: varies

Identification

Identification

In some cases

Suitable For

Suitable For

Short term lending

Restrictions

Restrictions

Applicants have to be 18 years old and over

: Payday Kong
Need some emergency cash? Then apply for payday loan with PaydayKong and you could receive your money within hours! They only work together with leading loan companies – so you are in best and safe hands. If you need a fast and hassle-free service then go for Payday Kong.Please note: Payday Loans are not suitable as long term loans. DETAIL INFORMATION >>Terms

Terms

Depends on lender


Advantages

Advantages

1.Only leading lenders
2.Fast application
3.Quick approval
4.Secure process


Disadvantages

Disadvantages

Not for long term lending

True Blue Loans
: True Blue Loans

Lender2108.81%
Representative Example

Representative Example

Representative Example: Representative 2108.81% APR on a loan of £200.00 with 6 monthly repayments of £67.62. Total amount repayable £405.55. Annual interest rate (fixed) 348%

£100.00 - £500.003 months9 monthsFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: No
Bad Credit: Yes
Repayable: Dependant on loan amount and length
Extention:

Identification

Identification

Personal and financial information

Suitable For

Suitable For

Short term loan

Restrictions

Restrictions

Be full or part time employed, 21 or over, active debit card, UK bank account not in or considering DMP, No CCJ or Bankruptcies

: True Blue Loans
If you are looking to borrow a small amount of money and are tired of the old and dated type of short term loans previously available we’d love you to consider True Blue Loans. Our Team has many years’ experience and believe based on this we can help you find an instalment loan that really does met your needs as an individual. DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1.No Application Fees
2.No Transfer Fees
3.Just Daily Interest of 0.96%
4.No Early Repayment Fees


Disadvantages

Disadvantages

Credit check

Chop Chop Payday Loan
: Chop Chop Payday Loan

Broker1737%
Representative Example

Representative Example

If £100 borrowed for a period of 31 days at an interest rate of 296% variable* per annum, total amount repayable by one payment is £125. 1737%APR Representative. * Charges vary depending on lender, and transfers can take up to 48 hours if accepted.

£100.00 - £1,000.0031 days31 daysFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: No
Bad Credit: Yes
Repayable: depends on lender
Extention: Ask on application

Identification

Identification

In some cases

Suitable For

Suitable For

18 year old and above

Restrictions

Restrictions

Ask on application

: Chop Chop Payday Loan
It takes only minutes to fill out an easy application form and Chop Chop will find the best lender for you – your cash could be in the bank today! Chop Chop has one of the best acceptance rates in the country – borrow up to £1000. Read the terms and conditions carefully before you apply DETAIL INFORMATION >>Terms

Terms

You have to be 18 years old,payment should be within 31 days.


Advantages

Advantages

Same day transfer


Disadvantages

Disadvantages

Not a long term solution for financial problems

Bonga Loans
: Bonga Loans

Lender821%
Representative Example

Representative Example

821% (variable). Representative example: Amount of credit £100 for 30 days. Total amount repayable £120. Interest £20. Interest rate 244% p.a fixed. Representative 821%APR (variable)

£100.00 - £1,000.001 week1 monthFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: No
Mobile Loan: Yes
Debit Card: Yes
Bank Account: Yes
Bad Credit: No
Repayable: £110*
Extention:

Identification

Identification

Bank Account and debit card details necessary.

Suitable For

Suitable For

For those in need of an emergency cash solution

Restrictions

Restrictions

1.Up to £1000 only
2.Over 18 only
3.UK only
4.Monday to Friday only

: Bonga Loans
Bonga Loans is a provider of short term loans. They help people who need a quick cash injection to sort out their temporary money worries. All you need to take out one of their short term loans is a mobile phone. If something comes up unexpectedly and you urgently need some cash, then a short term loan could be the ideal solution. The money is transferred as soon as they receive a text from you. This means you can get a loan wherever you happen to be. Bonga Loans offer extremely fast payday loans of up to £1000. DETAIL INFORMATION >>Terms

Terms

You must be over 18 and have a bank account and debit card to apply.


Advantages

Advantages

1.Fast and efficient service.
2.No long application processs.
3.Get approval fast.


Disadvantages

Disadvantages

1.Up to £100 only
2.Regular income necessary
3.UK only
4.Monday to Friday only

PayDay.co.uk
: PayDay.co.uk

Broker2628.2%
Representative Example

Representative Example

£100 borrowed for 30 days: Total payable, if repaid in one payment: £131.45 Interest: £31.45 Interest rate: 382.7% p.a.(fixed)* Representative APR: 2628.2%*

£50.00 - £1,000.007 days30 daysFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Bad Credit: No
Repayable:
Extention:

Identification

Identification

UK Bank account

Suitable For

Suitable For

Seeking a short term solution for their emergency cash situation

Restrictions

Restrictions

Not under 18 years old

: PayDay.co.uk
PayDay.co.uk specializes in helping people get the money they need to solve their short-term financial problems. Most people visit Payday Loan sites because they need cash and they need it fast. Financial emergencies always seem to come at the worst possible time. Payday.co.uk for the very best in online payday loan service. Nobody does it better. DETAIL INFORMATION >>Terms

Terms

Must be over 18 and have a bank account.


Advantages

Advantages

1. Simple 5 minute online application 

2. Speedy process 
3. Secure application


Disadvantages

Disadvantages

1. Payday loans are not a long term solution for financial problems

100DayLoansUK
: 100DayLoansUK

Broker1734%
Representative Example

Representative Example

Should your payday loan agreement state you qualified for a 1734% APR, and you decide to borrow £50 for a 30 day period, then your total charges will amount to £14.75. The interest rate is a fixed value of £14.75 for every £50 borrowed – that’s 359% per annum. The total repayable amount comes to £64.75.

£50.00 - £1,000.007 Days2 MonthsFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: No
Repayable: £125
Extention: Not permitted

Identification

Identification

Bank Account required

Suitable For

Suitable For

Individuals seeking a solution to a short term cash flow problem

Restrictions

Restrictions

You must be 18 or over and employed

: 100DayLoansUK
100 Day Loans UK’s main priority is to get you money when you need it the most. They offer a service that is FREE and extremely easy to use. By partnering with lenders, they are able to earn compensation from the financial institutions so we can help borrowers at zero cost. They believe that when times are tough and you need financial help, the last thing you should do is worry about where to find your loan. 100 Day Loans has trimmed and tailored the loan finding process so much that it only takes three simple steps to complete it. DETAIL INFORMATION >>Terms

Terms

You must be 18 or over, have a Bank Account and be employed


Advantages

Advantages

1. Apply for a loan in minutes 

2. Secure and safe
3. Super fast approval 
4. No credit checks
5. You can get your cash in as fast as 1 hour, however, under certain circumstances it could take longer to get your cash.


Disadvantages

Disadvantages

1. You can reasonably expect finance charges for your loan to be between £10 to £14.75 for every £50 borrowed per pay period - Our lenders apply a finance charge to all loan transactions. These finance charges range depending on your individual loan terms and are determined by factors including your credit, employment and previous loan repayment history. 100DayLoans.co.uk’s lenders reserve the right to determine finance charges based on these above-mentioned indicators. 

2. If you are late on loan payments, or if payments are missed altogether, you may be subject to loan fees and penalties that could increase your total loan cost 
3. Payday Loans are not a long term solution to cash flow problems

Payday Pig
: Payday Pig

Broker1737%
Representative Example

Representative Example

If £100 was borrowed for a period of 31 days at a fixed rate of £25 per £100 borrowed, the total amount repaid would be £125. Representative APR 1737%

£100.00 - £1,000.001 week1 monthFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: Yes
Repayable: £125
Extention: N/A

Identification

Identification

Bank account required

Suitable For

Suitable For

For those in need of a short term cash solution

Restrictions

Restrictions

You must be over 18 and reside in the UK

: Payday Pig
Payday Pig offers fast and simple payday Loans. There's no paperwork and no phone calls. Simply apply online. Payday Pig has an extremely high acceptance rate. When you're running out of cash, short-term payday loans can help you get by until payday. The process is simple and can help you with your short term cash needs. Payday Pig is dedicated to offering you fast, hassle-free lending. Their user friendly loan system is designed to get you the money you need, at a time you need it most. You can receive payday loans almost immediately. DETAIL INFORMATION >>Terms

Terms

You must be over the age of 18 and reside in the UK.


Advantages

Advantages

1.No Paperwork
2.No Phonecalls
3.Simple Application Process


Disadvantages

Disadvantages

1. You must be over 18
2. You must reside in the UK
3. Bank account required

Solution Loans
: Solution Loans

Broker627%
Representative Example

Representative Example

Borrow £200 for 30 days.Total charge is £35.47. Total to repay £235.47. Representative 627% apr fixed

£50.00 - £500.00Ask on application31 days or moreFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: No
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: Yes
Repayable: £ 235.47
Extention:

Identification

Identification

Initially residential and personal details

Suitable For

Suitable For

If you have been refused by other lenders, have a credit problem or do not want to be credit scored

Restrictions

Restrictions

You must be 18 years or older in order to be eligible for this loan

: Solution Loans
Solution Loans provide loans for people who are struggling to get unsecured loans by offering guarantor loans. Solution Loans is an introducer specializing in arranging no credit check loans. Customers are eligible by providing a person who is backing their loan. Small guarantor loans are more flexible and cheaper than other payday loans. DETAIL INFORMATION >>Terms

Terms

You must be 18 or over in order to be eligible


Advantages

Advantages

1.No credit check required
2.Cheaper than other payday loans
3.No Enquiry Fees
4.Poor Credit Specialists


Disadvantages

Disadvantages

Not suitable as long term loan

INeedCash.co.uk
: INeedCash.co.uk

Broker2628.2%
Representative Example

Representative Example

£100 borrowed for 30 days: Total payable, if repaid in one payment: £131.45 Interest: £31.45 Interest rate: 382.7% p.a.(fixed)* Representative APR: 2628.2%*

£50.00 - £1,000.007 days30 daysFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Bad Credit: No
Repayable:
Extention:

Identification

Identification

UK Bank account

Suitable For

Suitable For

Seeking a short term solution for emergency cash situation

Restrictions

Restrictions

Not under 18 years

: INeedCash.co.uk
INeedCash.co.uk - It's good to know there's a product that can help when you suffer a financial emergency. Short-term loans are designed to do just that. They help consumers because they're effective, convenient and easy. DETAIL INFORMATION >>Terms

Terms

Must be over 18 and have a bank account.


Advantages

Advantages

1. Easy & fast application process

2. Funds can be deposited very quickly 
3. Secure application


Disadvantages

Disadvantages

1. Payday loans are not a long term solution for debt problems

Payday UK MEM
: Payday UK MEM

Lender2090%
Representative Example

Representative Example

£275 borrowed for 28 days. Annual interest rate of 359.40% (fixed). Total amount payable by one repayment is £357.36.

£80.00 - £750.001 week1 monthFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: Yes
Repayable: £129.95
Extention: Not permitted

Identification

Identification

Not Required, just bank and debit card details

Suitable For

Suitable For

Those in need of a short term cash solution.

Restrictions

Restrictions

1. Be over 18 years old
2. Be in permanent employment
3. Earn more than £750 net per month
4. Have a bank account with a valid debit card
5. Be paid monthly

: Payday UK MEM
PaydayUK are here to help! Apply for a payday loan from £100-£1000 and you could have the cash you need in your account by midnight everyday of the week. There are no administrative costs to set up the loan. Payday loans are for 30 days, and should be repaid in a single payment on your payday. No faxes, no additional ID needed - just bank account and debit card. Faster payments now available -customers can get the money the day they apply! Payday UK now do deposit runs on Saturdays and Sundays so you do not have to wait until Mondays. DETAIL INFORMATION >>Terms

Terms

29% charge per hundred


Advantages

Advantages

Good acceptance rate
Bank and debit card details needed only - no extra ID
Money can now be received same day as application Payday UK now do deposit runs on Saturdays and Sundays. This means you will not have to wait until Mondays to get your money when you apply at the weekend.


Disadvantages

Disadvantages

1. High interest rate on loan

FLM Quick
: FLM Quick

Lender199%
Representative Example

Representative Example

Total Amount of Credit: £500; Representative APR: 199%; Duration of Agreement: 31 days; Total Charge of Credit: £48.70; Total Amount Payable: £548.70 Address: Financial Processing Ltd UK, Walton House, 56 – 58 Richmond Hill, Bournemouth, Dorset, BH2 6EX

£50.00 - £500.001 week1 monthFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: No
Mobile Loan: No
Debit Card: Yes
Bank Account: No
Bad Credit: Yes
Repayable: £109
Extention:

Identification

Identification

ID required and validation of your debit card.

Suitable For

Suitable For

Restrictions

Restrictions

Must be over 18 and not bankrupt or on IVA.

: FLM Quick
Borrowing money from FLM Quick is like having an overdraft or credit card. FLM Quick is The Richmond Group’s competitive answer to the payday loans market and allows customers to borrow between £50 and £500, which can be paid out the same day or within 24 hours at an 199% APR! Interest is calculated daily so the quicker you repay it, the less it will cost you. You can manage your own balance and pay back when it suits you best as long as you meet the monthly interest repayments. You must have a guarantor to be approved for this loan. DETAIL INFORMATION >>Terms

Terms

You must be over 18, be living in the UK and not be bankrupt or on an IVA.


Advantages

Advantages

1.We accept applicants with CCJ’s, defaults and late payments, as long as they are not bankrupt or on an IVA
2.Same day pay
3.Online application – apply from home
4.No arrangement fees to set up the loan
5.Friendly service


Disadvantages

Disadvantages

1. You must have a guarantor to get approval for this loan

Provident Personal Credit Loan
: Provident Personal Credit Loan

Lender399.7%
Representative Example

Representative Example

£200 loan repayable over 32 weeks
32 weekly payments of £10.00
Rate of interest 97.5% p.a. fixed;
Representative 399.7%
APR Total Amount Payable is £320

£50.00 - £300.0014 Weeks31 WeeksFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: No
Unsecured Loan: No
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: No
Repayable: £140
Extention:

Identification

Identification

You will require proof of ID, address and income. National Insurance number may be required.

Suitable For

Suitable For

Those with poor credit who want a quick cash loan

Restrictions

Restrictions

You must be at least 18 years of age.

: Provident Personal Credit Loan
Provident Personal Credit is in the business of helping people manage small, unsecured credit, when they need it. Provident and their agents pride themselves on making sure that the loans are manageable and easy to understand. That way you stay in control of your finances. Provident offer loans that are not as short term as most payday loans - with only 14 weekly repayments their budget loan is perfect for paying those unexpected bills, emergency home repairs or anything else that might crop up. Even if you have poor credit you can get a loan.Provident Personal Credit is authorised and regulated by the Financial Conduct Authority, Interim Permissions Reference Number: 002529. DETAIL INFORMATION >>Terms

Terms

Applicants must be at least 18 years of age and a UK resident. Repayment period 14 weeks - 31 weeks


Advantages

Advantages

1. You can spread your repayments over 14 weeks
2. There are no large lump sum repayments to worry about
3. No bank account needed
4. There are absolutely no hidden charges 
5. Your friendly agent will call at your home to collect your weekly payments
6. We could help if you ever need us again


Disadvantages

Disadvantages

1. This is not a solution to long term financial problems.

QuickQuid
: QuickQuid

Lender1999%
Representative Example

Representative Example

Total Amount of Credit: £50; Representative APR: 1734%; Duration of Agreement: 30 days; Total Charge of Credit: £14.75; Total Amount Payable: £64.75 Address: QuickQuid, 483 Green Lanes, London, N13 4BS

£100.00 - £1,000.001 week1 monthFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Bad Credit: No
Repayable: £125
Extention: See website for details

Identification

Identification

No - nothing to fax, no paperwork to post

Suitable For

Suitable For

Restrictions

Restrictions

QuickQuid performs traditional credit checks, while still accepting those with less-than-perfect credit. QuickQuid verifies applicant information via various national databases. Funds will be deposited the same working day, if approved by 14:30. Approval may take up to 30 minutes in most cases.

: QuickQuid
QuickQuid is the premier online provider of cash advances. Just apply online in five minutes from your home and receive quick approval without faxing documents. Money will be deposited directly into your current account within 10 minutes at no extra cost. Plus, less-than-perfect credit is not a problem! At QuickQuid, they’re completely upfront about their costs and there are no hidden fees.. Existing customers can even get payday loans of up to £1500. QuickQuid provides fast and convenient online cash advance services to customers all across the UK. Use code AFF30 to save 30% on your loan fee at QuickQuid.co.uk now through January 31st. DETAIL INFORMATION >>Terms

Terms

Loan amounts are based on consumer's credit history and ability to repay loan. Not everyone may qualify for £1500.


Advantages

Advantages

1. Save 30% with promo code BCGS30
2. Up to £1000 in your account today, free same-day funding
3. Apply in 5 minutes from the comfort and privacy of home
4. Quick Approval
5. Less-than-Perfect Credit OK


Disadvantages

Disadvantages

1. New customers can only borrow up to £1000

Wonga
: Wonga

Lender5853%
Representative Example

Representative Example

Representative 5,853% APR so if you borrow £150 over 18 days at a rate of 365% p.a. (fixed) you will repay £183.49. Includes £5.50 transmission fee. WDFC UK Limited Registered Address: 88 Crawford Street, London, W1H 2EJ.

£1.00 - £400.001 Day30 DaysFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: Yes
Debit Card: Yes
Bank Account: Yes
Bad Credit: No
Repayable: £124
Extention:

Identification

Identification

None - just bank account and debit card required.

Suitable For

Suitable For

Restrictions

Restrictions

You must be over 18 years old and a UK resident

: Wonga
Wonga.com is the 'same day cash' lender – you only pay the interest for the length of time you borrow from us. Traditional ‘Pay Day loans lenders’ charge interest for a full 30 days, no matter how long you actually need the money for. With Wonga.com, if you pay back early, YOU PAY BACK LESS. They are also a fast lender; if accepted, you'll get the money in your bank account within 15 minutes, guaranteed. So if you want a loan to suit your needs, rather than the lenders’, come to Wonga.com – little loans. Lots of control. DETAIL INFORMATION >>Terms

Terms

Applicants for loans will only be approved if they are UK residents and over 18 years of age. Credit score and credit history will be taken into account.


Advantages

Advantages

Very user-friendly calculator / sliding scale on homepage to view your possible loan, term and interest
Choose your repayment by the day - the shorter the loan the less you pay
If accepted, you'll get the money in your bank account within 15 MINUTES, GUARANTEED. Max loan amount is £500 for new customers and up to £1,500 for existing customers


Disadvantages

Disadvantages

APR is high - though loan is only 45 days maximum
Possible to borrow just £200 at first

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

Compare Payday Loans

What are Payday Loans for?

Payday loans are loans of small amounts of money usually up to £1000 although amounts may vary. These loans are usually lent at high interest rates because they are available to people with bad credit. Payday loans should really only be used in an emergency if you have absolutely no other way of obtaining cash and you are in a hurry. Payday lenders may encourage prospective borrowers to borrow as much as they can for mundane reasons like or holidays or frivolous luxuries but you should never borrow money for these sorts of activities. The representative APR for many payday loans is over 4000% so as you can imagine a lot of people end up spending serious sums of money on payday loans and the interest on them. Payday loans should only be used as a cash solution in the case of an emergency when there are no other borrowing alternatives.

Why do payday loans have a bad reputation?

Not only are payday loans one of the most expensive means of borrowing money payday lenders have been known to actively encourage people getting in to debt with them. There are expensive penalty fees and charges for those who fail to make debt repayments on time but often payday lenders will allow customers to let the loans roll over month by month which means that the interest on these loans can get extremely expensive. If you are getting a payday loan make sure you read up on the company you are borrowing from to make sure that they are reputable. There are a lot of online forums which discuss people’s experiences with different companies.

Why do people get payday loans?

For the most part people take out payday loans because they do not have another good alternative. Everyone knows that payday loans are an expensive way of obtaining credit but if you do not have a good credit rating there are very few places which will lend you money. Today more than ever a bad credit rating is extremely common and because of this more and more people are using payday loans. Payday loans are extremely easy to obtain and most people will be accepted for a loan when they apply providing they meet the lenders criteria. Some payday loan companies can have money in your bank account within 15 minutes of your application. Naturally this can be extremely appealing to some people. Some payday loan companies can also send money to you with just one simple text message so from the point of view of obtaining money fast payday loans can be very convenient.

How do I find the right payday loan?

If you have exhausted the alternatives and you are sure that you want a payday loan then it is worth taking time to compare different companies to see who can get you the best deal. It is worth being aware that there are payday lenders and brokers and they will both have a strong online presence. Payday brokers will often charge a finder’s fee so unless you are absolutely desperate you should probably go directly to a payday lender. First work out exactly how much you need to borrow and keep this amount as low as possible. Then work out exactly how much it will cost you to borrow the money and how much you will have to pay back. If you don’t think that you can afford this amount then avoid payday loans. If you don’t pay the money back on time you will simply end up paying more money. Once you have decided on the company which offers the best deal do a little research and see what people are saying about them online. If the payday loan company has a good reputation then you shouldn’t have too much to worry about. However please make sure that you read the terms and conditions of any loan you are applying for very carefully. This will make sure that you fully understand everything regarding your financial obligations. If there is anything you do not understand give the payday lending company a call and ask them to explain.

On this website we try to provide as much information as possible regarding payday loans so do take into account as much of the detail as possible. Take your time to find the loan which is best for you and remember that there may be other viable lending options and payday loans should only be used as a last resort.

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