A payday loan helps you to deal with something urgent without dipping into money earmarked for other bills. Applying for a payday loan with Payday UK is carried out online. It’s fast and straightforward, and you’ll usually have the money in your bank account within 10 minutes * .

We have tried to keep all our processes as straightforward as possible and back them up with a knowledgeable and efficient customer service team. Although the reasons for applying for a payday loan are wide and varied, they are nearly always time-sensitive. Direct lenders understand this. They have made the process from acceptance to receiving your money as streamlined as they can.

Loans for Life’s Emergencies

A payday loan or short term loan can be particularly useful when faced with an unexpected expense that can’t wait.

Some people can be put off using payday loans because of the high APR rates quoted. However, this is because the loans are generally over a short period, providing a direct lender with a narrow window for interest to be accumulated. Since the FCA introduced a cap on interest rates and the number of times a loan can be rolled over, all lenders now adhere to these fair lending rules.

If you’re unsure of any aspect of your loan, please read the relevant information in your agreement, as lenders are required to be transparent about any interest or charges they are going to apply. Remember, you are under no obligation to accept any offer that a lender makes to you and you should never pay any fees for a loan.