Make the most of your payday loan

Millions of Brits struggle to make their wages last through to the end of the month.
At Payday Bank, we aim to help you with fast money loans when you need quick access to cash.
We also want you to get the most out of your fast payday loan and keep the cost of your quick cash loan down. Here we look at the best ways to use your loan and manage your money.
 

In this section

 

Smart uses of a payday loan

When you Pay Back

Finding the Best Deal for your Short-term borrowing

Choosing the amount you borrow

Payday Bank and other payday loan companies provide almost a million people with access to credit at a time when banks are offering their services to fewer people.

Apply online to borrow between £80 - £750, without having to explain why you need a fast loan. The most popular amount to borrow from Payday Bank is £450. Most people use this to cover any unexpected costs that crop up before payday.

Using a payday loan to avoid going into an unauthorised overdraft or reaching your credit card limit stops bank and card charges quickly mounting up and saves you money in the longer term.


  • Instant Online Application
  • Quick Approvals
  • Same Day Deposit