Borrow from £100 to £25,000
- Apply For £ 50 - £ 1,000
- Fast Payout
- No Fees
- Secure Application
- Available 24/7
- Bad Credit
Whole of Market panel
Trusted panel of lenders
From £1,000 to £25,000
Rates from 5.7% to 278%
3-36 month repayment
Borrow up to £3,000
Rates from 278% to 1576%
3-12 month repayment
Representative example: £500 borrowed for 5 months. Total amount repayable is £991.85 in 5 monthly instalments of £198.37. Interest charged is £491.85, interest rate 236.1% pa (variable). Representative 481.6% APR.
Can you afford Payday loans?
Payday loans are short-term loans which are extended to fulfill the needs of working professionals. The payday can be considered as an advance extended by the lender and it will be granted immediately. By accessing payday guaranteed loans, customers will be able to make the most of their life. They will be able to go through financial emergencies and uncertainties by choosing the best payday loans. As there are many lenders in the market, you should choose the best lender so that there will not be any burden in repaying the loan.
Am I Eligible For A Payday Loan
To make the most of Payday Loans Quick option, you should be aware of the eligibility criteria implemented by the borrower. If you would like to lend from a bank, there will be tighter restrictions. The loan will be granted based on your earnings, repayment capability, stability in employment, location and other factors. The risk factors will be assessed and it will take at least two weeks to process your application.
When you approach a payday lender, the application will be processed at lightning speed. It can be submitted online and Payday loan applications will be processed on priority basis. It is true that the interest rate charged on payday loans will be very high. However, the risk factor associated with the loan will warrant the lender to charge higher interest rates. A customer should be prepared to pay ¼ of the borrowed money as interest rate at the end of the month. Hence, these loans are granted to UK citizens who can successfully provide their employment details and other particulars as per the terms and regulations of the lender.
The rules and regulations vary from one lender to another lender. The applicant should go through the interest rates charged by the lender. In addition to the interest rate, you should go through the hidden charges applied by the lender. The loan processing fee, maintenance fee and other kinds of hidden charges will not be discussed in the initial screening process. Hence, you should find those details so that you will not pay exorbitant amount in repaying the loan.
Benefits Of Payday Loan In The Uk
There are many benefits associated with the Payday Loans Instant facility. A working professional can apply for loan without leaving the home or office. The application can be submitted online. You can visit lender’s site so that you will be able to find the terms and conditions. An application can be submitted by filling the columns which will not take more than five minutes. If you are ready with all the personal details, the application can be filled and submitted immediately.
Before submitting an online application to a new lender, you can also go through the third party sites where the comparison of payday loans will take place. There are reputed agencies which will not charge any commission from the borrower for utilising the services. The price comparison sites will provide useful information to borrowers and there will be suggestions to choose the best option as per the requirements of the borrower.
The facility will save lot of time, effort and money. Payday Loans Instant is a great bonanza for full-time employees. The emergency financial needs will be fulfilled by applying for payday loan. The price comparison site provides links to various sites so that you can apply for the loan very quickly.
How Do I Get A Payday Loans?
The loan amount will be sanctioned and disbursed into your account very quickly. There will be complete transparency in operations so that you can make the most of your money. The loan amount will be credited to your salary account and it will be deducted from the same account as soon as the salary is credited into your account. Thus, the loan process is seamless and you will be able to make the most of your investment.
Young people will be very much benefited with these short-term loans. Banks will not grant loans unless they are convinced about the credit worthiness of the candidate. There is special provision for payday loans so that lenders will take higher risk and offer loans by charging higher interest rates. However, salaried employees will be able to manage these quick loans so that their immediate financial needs will be very much fulfilled.
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.