Payday Loans
Payday Loans
Payday loans are short term advances – usually between £50 and £1,000 – that are repayable in full, with charges, on your next payday. Payday loans are usually taken out over a period of 30 days, as most people are paid monthly, but can be as short term as a week.
Advantages of a payday loan include:
- Quick and easy financial fix
- Funds are transferred on the day they are approved
- Instant access to buy what you need to
- If you have direct debits coming out before your pay goes in, a payday loan can work out cheaper than bank charges
When applying for a payday loan, you will be asked about how much you want to borrow, along with details about your pay – whether it is weekly/monthly and the type of employment you are in.
See below for our FREE loan calculator that could help you find the best possible deal - rates start from as little as 6.9% APR!
| £1,000 | £15,000 | 10.90% | |
Disclaimer: Every effort is made to keep the site accurate, however we cannot guarantee that a Personal Loan issuer has not increased or decreased one or more of the APRs or fees/charges associated with a loan deal or changed its features, obligations or benefits. Please be sure to read the Loan agreement fully and carefully before making any agreement.