If you are contacted by anyone saying they are calling from PaydayLoansNow.co.uk requesting you make them a payment you should contact the Financial Conduct Authority (FCA) as we are aware that there is currently a scam using the PDLN brand. This has nothing to do with our company.

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PAYDAY DIRECT LENDERS IN UK

Get Up to £5,000!*

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Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Why people choose us

Lowest representative APR

APR takes into account the amount of interest that will be charged to you for borrowing a certain amount of money

Fair & variable interest rates

We won’t try and fool you by luring you in on a low interest rate only for it to change later

Potential to payoff your loan early

Some lenders and brokers arrange loans with flexibility at the center of what they do

We can arrange loans up to £5,000

Apply today and the loan you are looking for could be arranged by our lenders or brokers within a few minutes

Compare the market

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    728% APR

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    1261% APR

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    1270% APR

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    1294% APR

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    1255.66% APR

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    1116% APR

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    1270% APR

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    1295% APR

Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk


What is a Payday Loan?

how to get personal funding

They are a small loan that is taken out for short durations, weeks or months, with higher rates of interest, but are unsecured. This makes them good for people with bad credit. To borrow, click to apply and we will wire funds to your UK account in minutes.

What's the Difference Between Instalment and Instant Loans?

Most importantly, the difference between a pay day and instalment loan is the quantity of payments determined by the lender. In many cases, payday loans are designated to be resolved in one payment (often on borrower's next pay cheque). Otherwise, an instalment kind has a series of scheduled repayments.

Chances are, you need some help with your finances, quick. If you're able to borrow money right now, it will likely make your life a lot easier. We can have money wired within hours, if you have a job or other type of steady monthly income and reside in the UK. Ready to jump in? Click that apply button above and we will transfer funds to your account within minutes of your application being finished. Continue reading would like to learn more about our services first.

How are pay day loans different than other types of lending?

The difference between one-time repayment funding and others that are obtainable from lenders is the short repayment schedule. Ideally, upon receiving a payday loan, you should repay it in one instalment, or over a period of a few weeks or months. To receive your cash quickly with easy repayment, apply here today.

How do you get a loan UK?

instalment loan uk

First, visit PDLN and click on the "apply button". Next, our helpful finance professionals will guide you through the application process. When successful, your funds are immediately available in your bank account. We have the lowest APR interest of any lending company, and quick service.

They have several caveats associated with them. These are best used when there are no other options, because there is a high interest rate involved. The higher rate is due to the elevated risks found with unsecured funds. There is no collateral involved. Instead of requiring you to put up security, instead these require that you are employed or another type of regular payment you receive.

What you should know as you apply for a pay day loan?

Payday loans are a type of advance on your pay that is issued when you most need money. Start by getting paid, finish by paying the money back after you get paid, hence the term "payday loan". These are also termed as short term, advance cash or bad credit loans.

The APR interest is so large that with most companies, it ranges over a thousand percent. You can see current rates by scrolling up, we compare rates between PDLN and several other companies. This is one of our major selling points, our APR is nearly half of our competitors, 728% APR compared to 1261% APR of Wonga. Getting the best deal on one is critical because it helps you pay it off quick.

A significant advantage to this type of instant lending is the fact that your credit record does not matter. We do not perform a credit check. Whether you have poor credit, it doesn't matter -- we do not even look. This is a great service to people who wouldn't otherwise qualify for lending. The higher risk profile associated with not reviewing credit history is built into the price. If your situation involves bad credit, we encourage you to apply -- this will not prevent you from receiving cash from us.

What are Online Instant Loans?

There are two pathways to receiving them, one is to apply online, the other is to visit a physical location. Online payday loans have the benefit of being more convenient, as they will send funds directly to your bank account. You could literally have the money available to spend within minutes of sending your application. You also save the time and expense of travelling to the brick and mortar location of a lender. It is clearly the best choice in many ways.The UK has many new laws protecting lenders. Interest rates are capped, and the more damaging practices such as allowing only the interest to be paid (called a roll-over) is limited to only a few times. This protects consumers in the UK and gives the best deal possible for residents of the United Kingdom.

What are Payday Advances?

Either instalment or one-time repayments, are applied for online which has the borrower getting a decision from a payday lender from the comfort of home. The term "payday loan" comes from a borrower typically given a fixed amount of cash based on their income, which is repaid on their next payday cheque, apply here today.

Why Use Our Services?

Our business model is online lending. Our entire process, from start to finish, is conducted over the internet. This saves you time and hassle as you qualify for instant lending from the comfort of your home. Start by submitting your documents, end by receiving funds wired to your account.

When you want to borrow online, you will come across many websites. While all lend, they can be categorized into two groups, direct lenders and brokers. To summarize in as few words as possible, you want to use the former and not the later. Below we will explain the pitfalls of working with brokers and why using PDLN's services is a safe bet.

Why are brokers bad when it comes to unsecured borrowing? Typically, whenever you can remove a middleman it is a good thing. Brokers insert themselves between the customer and lending companies. Often they will collect clients' personal information and shop their desire to obtain UK loans to the highest bidders. This adds extra time to the process of getting the quick money you need.

In other circumstances, they will simply collect your information and then sell the raw lead to many different lenders. They will then proceed to contact you, each one of them, to make an offer. While it is possible some would enjoy being contacted multiple times by several companies, most consider it an inconvenience and annoyance. Certainly you wouldn't want to deal with callers long after you had already completed your transaction and received cash.

Often, brokers seek to maximize their own profits. This comes from shopping your information to lenders who will pay them the most. Which institutions are the ones able to pay the most? Of course, the ones that charge the most. As such, you rarely receive a good deal when utilizing the services of a broker. Many people realise this and make certain to say "no brokers"!

How can you avoid brokers? Unfortunately, it is difficult to distinguish when you are surfing the web looking for the best deal on borrowing money. Most will not tell you they are brokers. The real solution is to use PDLN.

There are several advantages to dealing directly with the source of funding. The first is speed. We are able to process the transaction quick, within minutes of submitting your application, wiring funds directly to your bank account. We help you every step of the way, our finance professionals are available to answer questions.

Another advantage is being able to review our interest rate and know what you're getting into before you apply. Our rate is listed clearly on this page and compared to others such as Wonga, Sunny, QuickQuid and more. As you can see, you've found the cheapest lending available on our site.

We Are Located In The United Kingdom

We understand the challenges of providing the best deal to you under laws of the UK in the quickest time-frame. There have been many rulings recently that have made instant online direct lenders more appealing for customers, rules that reduce rates and fees which makes borrowing a safer, friendlier option. Our professionals and support staff all reside here -- our operations and physical business locations are also found here. Feel safe and confident by using the quickest UK lender.

Is a Small Unsecured Lending Right For You?

Here we offer a word of caution to those wishing to get short term loans online. These are not for everyone and should not be used in circumstances not involving a financial crisis. The fees associated with them are so high that they only make sense to use when you have no other choice.

Most people run out of cash from time to time. When that happens, sometimes they rely upon friends and family to help them through their difficult situation. Not everyone has someone to lean on when a random, unexpected expense shows its ugly head. Whether your car broke down or a storm has caused a leak that needs immediate repair -- they are best used to address emergencies. To use them frivolously in situations simply because you want money sooner can set up a vicious cycle of remaining in debt.

Every month we assist thousands of UK residents in receiving fast cash to help them make ends meet, until their next pay check. We take pride in providing responsible lending that is crucial to so many. We believe in giving our customers the best experience when lending. Here are a few of the reasons to use us when borrowing.

  1. Instant online approval
  2. Receive cash within minutes of application
  3. We specialize in providing UK quick lending
  4. Guaranteed if you can repay
  5. No credit check
  6. Fast cash for those with low credit
  7. We lend to those with bad credit
  8. Get cash instantly even with no credit
  9. Lending for students
  10. Quickest option
  11. Great for when you need a small amount of pounds, or large
Clear Terms and No Hidden Charges

We do not charge you for merely applying for a bad credit loan. You are always able to accept or reject our offered terms without fear of being charged a fee. We have no hidden fees with our lending service. All expenses are transparent and all fees are laid out at the time you accept our offer. We give you this offer within seconds of completing your application. Our finance department is available at every step of your application process, performed online, to offer guidance and advice, as well as answer your questions.

What are Payday Loans UK?

What is the difference between personal, short term and pay day loans in the UK? The main difference is the terms of repayment. Typically you will resolve debt by the time you receive your next pay check from your employer, the others have longer terms of repaying. Our professional lenders can help you decide which arrangement is best for your situation.

In general, the quicker you repay your debt, the lower your fees will be. Borrowing one week will be cheaper than those due in one month. Instalment lending requiring multiple payments will have the highest fees and interest.

This is borrowing a small sum and is best suited for times when you're out of funds and have a gap requiring immediate cash, yet your next pay check or source of funds will not come soon enough. When you borrow in this case, it is unsecured. The amount you receive is relatively small, and the time for repayment will range from two weeks to 12 months -- depending on your preference and means.

There are a few differences between conventional borrowing. While bank lenders require an excellent record, collateral and long term payment instalments, qualify by simply proving your ability to repay. This can be done by providing proof of employment or other steady source of income that you will receive at a future time.

Life is full of surprises, and we never know when unexpected expenses will happen. A medical emergency, accident, storm damage, vehicle breakdown or other crisis can present themselves at inconvenient times. Sometimes, spending money today can prevent much larger expenses down the road. Whatever the cause of your financial dilemma, using our services can be the solution to your problem because we have no credit check.

What Are You Waiting For?

Our UK lenders are quick and on standby waiting to process your small online funding in an instant. By now, you should have an excellent grasp on what our process is, enough to begin your 15 minute journey toward receiving an unsecured sum. Regardless of whether you have low or bad credit, chances are we can fix you up with the fast cash you need to resolve your immediate money crisis. Apply now and get your answer within minutes.

They are a higher interest loan that you can apply for online. You can qualify for a one-time repayment or long term instalment, even with bad credit, if you are employed. Receive an instant decision and know whether you qualify within minutes of your application submission. We process loans for the UK.

Are they unsecured?

An unsecured loan is different from one you would receive from a bank, which would require collateral. Being unsecured and easy to qualify comes at a price, as interest rates for this type of lending is higher. However, they help you make ends meet when unexpected expenses occur, getting you through until your next payday.

Information about UK Loans

The UK has many laws protecting consumers. Our lending company services customers in the UK. New laws have provided many protections to consumers, it has never been so simple to get cheap loans with easy repayment as present today. While more expensive than bank lenders, ours have the lowest APR interest of our competitors.

Are they Instant?

The internet provides a means to obtain quick funds online. They are faster than visiting a money shop in person to apply. You save the time and expense associated with travel. Know whether you qualify instantly after submission. Get fast cash sent to your bank account by applying for our high approval lending today.

Online Application Process

The entire process of applying for a loan is handled online, from start to finish. After your application approval, we send funds directly to your bank account. You do not have to visit a physical location to receive funds, and can begin spending the cash immediately. This provides a high level of convenience to our customers.

Unemployed and Students

Many inquire whether we can help people who are unemployed or for students. While employment is typically what is thought of when considering "pay day" loans, when you have another source of income we can try to work with you. We have a high approval rate. Know within minutes of submission whether approved.

UK Citizens on Benefits

If receiving fixed payments at regular intervals, we most likely can lend to you. This includes UK residents who receive benefits, yet are able to demonstrate an ability to repay in a timely fashion. This is especially true of those with part-time employment, where benefits aren't their primary or only source of income.

Know within 15 minutes?

Some ask if our application is quick enough to send funds within 15 minutes. The answer is yes, we have invested into infrastructure which allows us to efficiently process your application. If we accept, we will wire the funds to your bank account within 15 minutes. Our instant lending has helped thousands receive fast money when most needed.

100% Approval and Guaranteed Lending

Do we offer guaranteed, 100% approval loans? There will be some lending we are unable to provide. We judge your application based on our perception of your ability to repay. We encourage you to apply, as we have high approval. The good news is we can issue a loan even with bad credit.

What About Bad Credit?

Our expertise is helping people who have bad credit in getting the financial assistance they need. The main difference between this kind of lending and bank institutions is that we will assist you, even if you have a poor credit history. This gives millions of people access to the lending market who would otherwise not have access because of past mistakes.

Some of our lenders & brokers offer loans up to £5,000*

Get matched with a direct lender today!

You will need to be over 18 and a UK resident with a valid UK address. You must also have a monthly income (from benefits or a job) and a UK bank account.

Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk