Apply for Payday Lenders Payday Instant Loans

FAQs ABOUT PAYDAY INSTANT LOANS

How much can I borrow?

You could be offered a loan of between £80 and £750. The exact amount available to you will depend on a number of factors.

The Representative APR for our Payday Loans is 1737% (variable). As an example, a loan of £300 taken for 28 days would require payment of £375, the interest would be £75 for a loan with an annual interest rate of 1737%.

Those who haven’t borrowed before are usually only eligible for a loan of £500 or less.

What are the charges for a Payday Loan?

You’ll repay £25 for every £100 of the loan, when borrowing for 28 days.

This works out as:

• A repayment of £125 for a £100 loan
• A repayment of £250 for a £200 loan

When will I need to repay the loan?

You’ll be expected to repay the loan when you next get paid from work or within 31 days.

Loan extensions are possible but these do increase the cost of the loan. We do not recommend rolling over your loan.

When will the loan clear in my account?

The agreed amount will normally be in your account within a day* of you being approved.
Often the money is available within a few hours*.

Same-day* loans are available in some circumstances but you’ll need to apply by 3pm.

How do I apply?

All you need to do is fill in the online form with the requested details.

Our How it Works page details exactly what information we need from you.

Do I qualify for a Payday Loan?

You are likely to qualify if you meet the following criteria:

You’re over 18
You have a permanent job
You earn over £750 a month
You have a bank account
You have a debit card
You're a UK resident

Our lenders will also assess your current situation and this is often more important in the decision than your credit history.

What information do I need to supply?

Our online form asks for certain information including:

Your full name
Address
Date of birth
A contact number and email address
Details of your employer and your pay
Your bank account and debit card information

Do you contact my work place?

We request the contact details outlined above so lenders can verify your identity and employment information. It is unlikely they will need to phone you on your landline or at work.

On the rare occasion where lenders do need to contact you to get more information, staff will use their utmost discretion and will not disclose your loan information to anyone except you.