Payday Loans

Below are listed the most reputable Payday loan lenders compared for your convenience. Today more and more people are turning to payday loans for help with short term financial emergencies or other difficulties. From anything such as unexpected bills to pay, car repairs, medical costs etc.

Whilst comparing Payday loan options you may notice interest rates into the thousands - which may send you running for the hills! But there is no need to be quite so hasty since these loans are typically paid back over a short period of time, the benefits of the fast access to credit far outweight the fees incurred. Payday loan conditions are also less stringent, so even if you have less than desirable credit you should be successful in application. Upon applying for a payday loan, you will be required to either supply the lender with a cheque dated for the date that your salary is paid into your bank account, or provide the lender with your bank details so as to enable the funds to be transferred from your bank on the day your salary is paid in to you.

• •
COMPANYTYPELOAN AMOUNTREPAYABLE £100TERMSID REQUIREDAPR REPRESENTATIVEDEBIT CARDBANK ACCOUNTAPPLY
Broker£80-£750125%Name, current address, 2 contact phone numbers, email address, work and income details, bank account detailsGenerally not required – Payday Bank offer instant online approval1355%NoYes
Payday Bank provides access to many payday loans - no credit check needed. Borrow any amount between £80 and £750 payable within 31 days - though it is possible to roll the loan over 2 times - ie 3 months total. A simple debit card transaction is used for repayment. Advantages

Advantages

1. Possible to roll the loan over 2 times - ie 3 months total
Same day deposit.


Disadvantages

Disadvantages

1. High APR.

Lender£80-£1000N/ASteady monthly income, 18 years and above, residence in the UK, bank account with direct deposit, valid debit card, take home of £750 per month.NONE3092.2%YesYes
Lending Stream offers online payday loans up to £400 for new customers and up to £1000 for existing customers. The loan product offers you flexibility in repayment so you can pay back the loan in 30 days or take as long as 6 months (depending on the loan amount approved). You can choose to pay in instalments or make an early payment (without prepayment penalties) to minimize the total interest. News: Avail free CHAPS (same day) transfer in December by being among the first 20 customers of the day! Conditions apply. Rush..! Advantages

Advantages

Same day CHAPS (FREE for first 20 customers each day in December!) and free BACS (2-3 days) transfer options
Two-minute application process
Instant decision
Existing customers can receive up to £1000
Flexible Repayment Plan - repay in 30 days or avail automatic rollovers for lower monthly repayment amounts (up to 6 months depending on amount)


Disadvantages

Disadvantages

New customers receive only up to £400

Lender£1-£400From 105% to 129% dependant on termApplicants 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. None - just bank account and debit card required.2689%YesYes
Wonga.com is the unique ‘same day cash’ lender – you only pay the interest for the length of time you borrow from us. Traditional ‘PayDay lenders’ sting you with interest for a full 30 days, no matter how long you actually need the money for. If you pay back early, they still charge you the full amount. With Wonga.com, if you pay back early, YOU PAY BACK LESS. You pay the interest to that day ONLY. We are also the FASTEST 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. Advantages

Advantages

1. Very user-friendly calculator / sliding scale on homepage to view your possible loan, term and interest.
2. Choose your repayment by the day - the shorter the loan the less you pay


Disadvantages

Disadvantages

1. APR is high - though loan is only 31 days maximum.

Lender£80-£800125%Applicants 18 years living and working in UK. Wages paid directly into a UK bank account and must have debit card.Generally not required – Payday Express offer instant online approval.1737.2%YesYes
Borrow £80-£800. Payday Express offer a quick and easy online application with instant approval decisions and same day cash transfers. Apply online in minutes and get cash in your bank today! They charge £20 for every £80 borrowed. Advantages

Advantages

1. Easy online application.
2. Same day cash.


Disadvantages

Disadvantages

1. High APR.

Broker£100-£750125%18 or over, in full time employment earning £750 per month. Payment should be within 31 days.None - Bank Account (debit card if possible but not required)1286.1%NoYes
Instant decision made - no need for faxing or posting information and no credit checks. Just complete the short application form. Debit card is not even needed - you just need a bank account. Application is very easy and very clear. Apply before 3pm Monday to Friday funds will be deposited into your account the same day. Apply after 3pm and funds will be deposited the next working day. Advantages

Advantages

1. Funds deposited very quickly - can be same day.
2. Easy to understand and use application form.
3. Every 100 customers will be entered into a random prize draw to receive £100 cash back into their account instantly.
4. Debit card not necessary to receive funds (though may help).


Disadvantages

Disadvantages

1. Have to be earning £750 per month.
2. High APR.

Broker£80-£750125%18 or over, must be employed with salary paid directly into a bank account.Generally not required – instant online approval.1355%NoYes
Instant Approval - Approved in 1 minute. Get up to £750 in Your Bank Account Today. All Online – No Paperwork. Short and Easy Online Form - No Credit Checks Required. Apply before 3pm Monday to Friday funds will be deposited into your account the same day. Apply after 3pm and funds will be deposited the next working day. Get Cash in Minutes! Advantages

Advantages

1. One application, multiple lenders.
2. No faxing of documents required.
3. Same Day Deposit.
4. Loan can be rolled over into next payday if needed.
5. Multiple Lenders.


Disadvantages

Disadvantages

1. Credit check is processed per application.
2. High APR.

LenderUp to £750125%The finance charge will be paid in two (2) equal payments on your next two (2) payment dates. See Website for more details.No1733.5%NoYes
The maximum loan amount for United Kingdom residents will be £750. New customers will be limited to a maximum loan amount of £300. Same day payment is available for a QuickQuid payday loan. Advantages

Advantages

1. Up to £300 in your account next day.
2. Apply in five minutes.
3. Instant Approval.
4. Bad Credit OK.
5. Over 1 Million Customers serviced.


Disadvantages

Disadvantages

1. New Customers can only get £300.
2. High APR.

Lender£50 - £500 (Larger loans may be available to existing customers)272.2%Applicants must be at least 18 years of age and a UK resident. Repayment period 23, 31 or 50 weeks.You will require proof of ID, address and income. National Insurance number may be required.272.2%NoNo
£50 to £500 cash loans could be delivered to your door within days. Applications are considered even if you are unemployed, have a poor credit history or have been turned down for credit before. Example: Loan amount: £300, 52 weekly repayments of £10.50 Total amount payable £546. Typical 272.2% APR Advantages

Advantages

1. 23, 31 or 52 weeks to pay back the loan depending on amount borrowed.
2. Payments collected weekly by an agent to help you budget.
3. APR is much lower than other quick cash loans.
4. No debit card or bank account needed


Disadvantages

Disadvantages

1. High APR

Lender£80-£750£12525% charge with 30 day repaymentBank and debit card details1737.2%YesYes
Payday UK offer payday loans for up to 30 days which should be repaid in one single payment on your payday. Payday UK do not charge any administration fees if you decide to take a loan out with them, they do however, charge you £25 per every £100 borrowed. Advantages

Advantages

1. Quick and easy to apply online.
2. Money can be deposit straight into your bank account.
3. They have a good acceptance rate.


Disadvantages

Disadvantages

1. They will charge you the sum of £10 per letter for the second, third, fourth and fifth letter that they send to you in respect of the collection of any outstanding sums on your account

Broker£80-£750125%Applicants must be 18 (or over) years of age, employed and reside in the United Kingdom.No - may help to find a lender if you provide National Insurance number.1400%NoNo
With Payday Finder, you can borrow between £80 and £750 immediately abnd you will know right away the status of your payday loan advance as ypu get an instant decision on application. There are no credit checks, and you can get your money as quickly as the same day. Advantages

Advantages

1. Instant Decision.
2. No credit checks.
3. Payday broker - so will approach several lenders.


Disadvantages

Disadvantages

1. Interest and APR rate not stated - dependant on lender.