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Borrow from £100 to £25,000

We Cater For All Types Of Credit History So Dont Worry If You Have Poor Credit! We Can Find A Solution For You! Our Application Process Only Takes Two Minutes From Start To Finish!

  • Apply For £ 50 - £ 1,000
  • Fast Payout
  • No Fees
  • Secure Application
  • Available 24/7
  • Bad Credit

 

PERSONAL

Loans

N Whole of Market panel
N Trusted panel of lenders
N From £1,000 to £25,000
N Rates from 5.7% to 278%
N 3-36 month repayment

 

SHORT TERM

Loans

N Online decision
N Responsible lenders
N Borrow up to £3,000
N Rates from 278% to 1576%
N 3-12 month repayment

Representative Example: Cash price £7,500. Deposit £0.00. Total amount of credit £7,500.00.

60 monthly repayments of £137.22 Total charge for credit £733.20. Total amount payable £8,233.20. Interest rate 3.8% fixed. 3.8%APR Representative.

We are a Credit Broker and not a Lender

50 Payday Loans Direct Lenders

50 payday loans direct lenders are short-term financial products that are typically offered to people who are employed in the UK. The leading direct lenders of 50 payday loans, however, differ in terms of options, interest rates, fees and charges. Depending on your needs and present circumstances, you can also take a loan amount that is higher than £50.


50 Payday Loans Direct Lender: The Application Process

Normally, a 50 payday loan direct lender will offer you with a loan calculator, post representative interest rates, and make things as easy as possible for you to qualify for £50 payday loans. The application process is also swift and seamless and can be accomplished in as little as 5 minutes. Once you have submitted your application, you will receive an instant notification from your lender.

You can expect your £50 payday loan to be deposited into your bank account within minutes, or hours after your application is approved. The loans are also unsecured which means there is no need to put up any form of asset or collateral to secure your loan deal. £50 payday loans are designed to cover unexpected expenses or to tide you over between paycheques. They also compare better than bank loans and bank overdraft facilities, which typically need a lot of paperwork and processing times.


Interest Rates from 50 Payday Loans Direct Lender

Every time you take out a loan from a lender, the total cost that you will have to incur will be decided by the length of your borrowing and its APR or Annual Percentage Rate. In the UK, the FCA puts a limit on the maximum APR allowed on payday loans. With that being said, it would be wise to utilize a £50 payday loans calculator to gauge multiple payday loan lenders and their loan offers. Simply slide the dial from left to right to toggle the loans amount you intend to borrow, and the term of the loan.

Some of the vital factors that determine the interest rates on payday loans include:

  • The APR on a £50 payday loan. If there is a 20% APR on your £50 payday loan, for instance, you can expect to repay £10 plus the principal amount of £50. The APR covers not only the interest rate of your loan but also all the admin fees, hidden charges and other costs attached to your credit.
  • The APR represents the entire year of cost for your loan. But because payday loans are paid on a short-term basis, in a single month or several months, you will not necessarily be carrying the full APR of your loan.


Comparing £50 Payday Loan Direct Lenders Rates

There a number of ways in which you can compare loan options that you can access with £50 payday loans. One of the best ways is to use a comparison site which compares the loan amounts, APR, term and total repayment amount for each lender. There are also other independent sites that provide unbiased reports on the best lenders and their representative rates. Quality of service is also crucial which means word of mouth on the internet from testimonials and review sites is something that you may also want to look into in comparing different direct lenders.

What can I do if I wish to complain?

Information about complaints can be found in our complaints policy.

What if I can’t keep up my repayments?

If you can’t keep up with your repayments you must contact your moneylender immediately and advise your struggling with the monthly installments some companies will adjust your monthly installments to reflect what you can afford to pay back on a monthly basis please note that this can also extend your term of the agreement and probably the amount of interest that you end up paying back. You’re never advised to just stop paying your agreement as this may result in interest being charged on the agreement and missed payments showing on your file this could make obtaining further down the line a lot more difficult.

What do i do next?

Next is the fun bit you need to click on the apply button and fill out our simple online form designed to make sure the whole application as smooth and pain free as possible. The whole application process from start to finished shouldnt take you longer that 3 minutes its as simple as you can get.

*Subject to lender approval and requirements.