Frequently Asked Questions
What if I have bad credit or no credit at all?
You can still be approved for a payday loan even with bad credit or no credit at all. You must have a job, and earn a regular paycheque of at least £333.50 every two weeks in order to qualify for a payday loan from one of our lending partners.
How much money can I be approved for?
First-time customers may borrow up to £300 (return customers can borrow up to £1000). The amount is based on your take-home pay. Our lenders do not offer large loans to first-time customers, however, if you prove that you are trustworthy (which you can do by re-paying your loan on the due date) lenders might increase your loan limit at their discretion. It is important to note that Payday Loans UK is not a lender.
How long do I have before I have to repay the loan?
Our payday loans can be taken out for a maximum of 30 days, and repayment is your next pay date.
What types of fees are involved?
Fees vary by lender. They are often lower than bank overdraft fees and credit card interest. One example of a flat fee for lending is a £29 fee per £100 borrowed.
How long will it take for you to get the money to me?
After approved for a loan, our lending partner could deposit your cash directly into your bank account within 24 hours.
I don't live in United Kingdom, can I still apply?
We only accept applicants from United Kingdom (England, Scotland, Northern Ireland, and Wales).