Best deal for short-term borrowing

moneysupermarket.com’s Tim Moss said “Payday loans serve an important role for many people. The average customer borrows money for just a few days to help tide them over financially by bridging the gap until pay day”.
When compared to bank loans and credit card charges it may seem that the interest on a payday loan is high. Payday loans are designed to cover weeks not years, they are not for customers looking for longer-term credit.
Lauren Thompson, wrote on the This is money website : “Someone who needed £175 to tide them over for a week could be charged less than £20 to borrow from a payday loan firm. “But they could end up paying more than twice the amount they borrowed if they use an unauthorised overdraft with Lloyds TSB”.
Other high street banks charge slightly less than Lloyds TSB for an unauthorised overdraft but still more than the cost of a payday loan.

How to apply for a payday loan

To get fast payday loan you need to have a permanent UK address, be over 18, have a permanent job, earn over £750 a month and have a bank account with a debit card.
It takes just 2 minutes to apply:
 • Fill out the simple online application form in a few minutes
 • Choose the amount of money you need from your quick cash advance
 • In a few hours up to £750 could be in your bank account
 

In this section

 

• Make the Most of your Payday Loan

• When you Pay Back

• Smart uses of a payday loan



  • Instant Online Application
  • Quick Approvals
  • Same Day Deposit