Payday Loans

Every lending company will have their policy when it comes to how much you can borrow. The standard rates are usually between £50 to £5000. However, the amount you receive, and the repayment period will depend on your credit scoring. Lenders only perform soft credit checks which means applications won’t affect your credit score, even if you are unsuccessful. We approve 95% of applications to give credit, regardless of your credit history or circumstances. It's important to us that the right person is matched with the right lender for them. These options will be offered upon completion of our application process.

The timeframe for paying back a loan can start from 3 months through to 36 months and possibly beyond. When you apply for a payday loan, you decide the suitable length of time to make repayments. Sometimes with the timeframe, you can pay back your loan will depending on your current credit score.

We do not charge fees on any of our loans or provide services. You will never be asked for an upfront payment to get a loan, the only additional fee on top of your loan is the APR rate.

Getting a loan online has never been easier. If you’re looking for an immediate loan payment, online applications are ideal. The process is quicker and, as long as everything is okay with your application, the money will arrive into your bank account that same day – usually within a few hours of applying.

It is advised that same day loans are not used as a long-term solution for financial difficulties. This can lead to further, unnecessary debts. A payday loan is a suitable option if you run into an emergency, or an unforeseen expense occurs. We fully understand the urgency of our applicants and aim to get funds to you as soon as possible.

If you are 18 or older, a UK resident with a regular income, and have a bank account with a valid debit card, you may be eligible to utilise our service. You will need to pass our application process before finding out whether you successfully meet all requirements.

All funds will be directly deposited into your chosen bank account. Before you apply, ensure all information is accurate to prevent any delays in receiving your funds. You will usually receive funds within 24 hours of applying for a payday loan.

Many lenders provide options for people who have a low or bad credit score. Just because you have a low credit score, does not mean you will be automatically rejected from borrowing credit. With a 95% success rate for applications, this should not put some people off from applying.

When it comes to applying for credit, this will not affect your credit scoring. Lenders use a soft credit check method to determine if you are suitable, and which lender is suitable for you. Upon accepting the loan offer and repayment conditions, the lender will perform a full credit check. However, you will already know that you have met the criteria from your initial application – so, you have nothing to worry about.

Your circumstances will determine if a guarantor is necessary. A guarantor isn't required for most loans, although certain direct lenders will require one before you can receive payments. A guarantor will be someone you trust and trusts you, this is usually a family member or close friend. If a guarantor is required, you will be notified following the application process and before receiving funds.

You will not be asked to physically send any documentation; this can easily be done online. Applying for a loan online is a quick process. Most lenders will request proof of identification, address or income before proceeding with your application. For example, if you have recently moved to a new address, then you are more likely to be asked for this information. You will be asked to sign a digital contract to confirm you agree with the Terms and Conditions of the loan repayments.

You can apply for a payday loan at any time on any day of the week, even at weekends. Please remember that some lenders will not be able to release funds on a weekend but this will be done the next working day.

The majority of payday loans are very similar. Depending on the lender, the APR rate, repayment time and contract details may differ. This will depend on your current circumstances too. Most lenders offer payday loans for customers in some way. This is beneficial for customers as it provides better offers to those with higher credit scores. While other loans have been made more attainable to those with previous financial difficulties.

As lenders, we are aware that everyone has different circumstances, and some will change unexpectedly. If you continue to face financial difficulties, please get in touch with us as soon as possible. Your lender is always able to assist you.