Interest Rates from 43.1%APR to 1333% APR. Minimum Repayment Period is 1 month. Maximum Loan Repayment Period is 36 months. Representative Example: £1,200 loan for up to 75 days. Total amount repayable is: £1506. Interest charged is 0.34% per day, amounting to £306, annual interest rate of 124% (variable). Representative Example APR: 49.7% (variable).

No obligation quote and APR will be based on your personal circumstances. *Once approved, your cash could be sent within 5 minutes. The time that it takes for the cash to be received in your account will depend on your bank’s processes and procedures.

Warning: Late repayment can cause you serious money problems. For help, go to You can also get free debt advice by phone or chat at

Are you looking for cheap loans? If so, you may want to consider Payday Loans UK. The loans can provide you with the money you need in a hurry, and they typically come with reasonable interest rates. Plus, the loans are available to anyone regardless of credit history. So, if you require some quick cash, be sure to stay till the end and find the best cheap loans.

What Are Cheap Loans?

Cheap loans are just what they sound like: loans that come with low-interest rates and affordable monthly payments. They're perfect for borrowers who want to keep their costs as low as possible, and they can be a great way to finance a major purchase or consolidate debt.

Benefits of Cheap Loans

There are many benefits to taking out a cheap loan, including:

  • Low-interest rates – Cheap loans typically come with much lower interest rates than other types of loans, which can save you a lot of money in the long run.
  • Affordable monthly payments – Cheap personal loans usually have lower monthly payments than other loans, making them more affordable for people on a budget.
  • Flexible repayment terms – Cheap loans often have more flexible repayment terms than other types of loans, making them an excellent option for people who need some extra flexibility.

Why Choose Payday Loans UK For Getting Cheap Loans?

Anyone with a shortage of money and needs financial assistance can go for Payday Loans UK. These are small amount loans that you will get until after your next paycheck comes. You do not need to worry about the approval process or anything, as it is hassle-free and straightforward.

1. FCA Authorised

We are authorised and regulated by the Financial Conduct Authority (FCA) in the UK, which means you can trust a reputable lender. This also means that your rights are protected when you take out cheap personal loans with us.

2. Fast Decision Making

We know that sometimes you need money urgently, so we work quickly to get you approved for cheap personal loans as soon as possible. Our quick application process takes minutes to complete online, which means that there is no waiting around for hours or days like other lenders who will keep you hanging on forever so that they can charge more interest.

3. Fair and Transparent Interest Rates

We believe that everyone should access credit, so we offer our cheap personal loans at competitive and transparent interest rates. It means that you can be sure you're getting a good deal when you borrow from us.

4. No Hidden Fees or Charges

We are upfront about our fees, so you know exactly what you're signing up for before applying. We will never charge you any hidden fees or charges, so you don't need to worry about being caught out by sneaky charges later on.

5. Flexible Repayment Terms

We understand that everyone's circumstances are different, so we offer flexible repayment terms to help you choose how long it will take you to repay. We offer everything from overnight loans to 12-month loans, so whether you need money for a week or for a year, we've got your needs covered!

How to Get Cheap Loans from Payday Loans UK?

If you're looking for cheap loans, Payday Loans UK may be the best place to start. We offer competitive interest rates and affordable monthly payments on all of its loans, making it an excellent choice for borrowers who want to get the best deal possible.

Simply visit our website and fill out our online application form to apply for a payday loan from Payday Loans UK. We'll review your application and let you know if you're eligible for a loan. Once you're done with credit approval, we'll deposit the money into your bank account.


1. How Much Is A Cheap Loan?

A cheap loan is one with minimal interest fees. This would allow you to pay back your debt quicker and with less money overall. You can also use them as debt consolidation loans if you meet the minimum credit score by personal loan lenders.

2. What Do I Need To Qualify For A Cheap Loan?

Cheap loans require a good credit score and low-interest rates, with lower down payments than normal loans. You will also need to be employed at least part-time (even if it's minimum wage) and have bank account information on file where the lender can electronically deposit your money.

3. What Types Of Cheap Loans Are There?

There are many different types of cheap loans available. The most common is to refinance your home or car and use the cash you receive from the new loan to pay off all your other debts in one payment. Another type would be to consolidate all your credit card debt into a single monthly payment with a lower rate than what you're currently paying.

You can also opt for a payday loan which means you'd get cash now but have to pay it back as soon as you receive your next pay check (ideally 2 weeks). Lastly, there's always the option of personal loans which can be used for anything you want.

4. Are There Any Risks Associated With Cheap Loans?

There is always a risk associated with borrowing money, no matter the interest rate. With cheap loans, it's essential to read the loan agreement and make sure you understand all the terms before signing anything. This will help you avoid any surprises down the road when you get a personal loan approval.

5. What Is The Difference Between Cheap Loans And Payday Loans?

Payday loans are usually small amounts of money that you'd ideally pay off a little early. They're suitable for emergencies like car repairs or unexpected bills, but they tend to come with higher interest rates than usual loans. Cheap loans are more suitable for more considerable sums of money you need over a more extended period. They tend to have lower rates, more flexible repayment terms, and allow borrowers to defer payments if necessary.


You can get cheap loans by applying for a payday loan with Payday Loans UK. These quick and easy loans are designed to help you manage your finances to avoid going into debt and cover any emergency needs. Apply online today and see how these affordable loans could change your life.