Same Day Loans
What are Payday Loans ?
Payday Loans are basically short term loans, which are intended to help you financially until your next payday. They provide convenience and an easy way to raise a small amount of money in a short space of time. The typical loan amounts usually range from £50 upto around £1500 depending on which Payday loan company you choose to borrow from.
How quick are payday loans approved ?
The majority of Payday loans are usually approved within just a few hours, it is possible to have cash within the hour. This is one of the major reasons why payday loans are very popular for those looking for fast cash loans - A typical payday loan can be applied for at 2pm and the cash can be in your bank before 5pm the same day.
What are payday loans usually used for ?
The most popular uses of a payday loan include - Unexpected bills including car repairs if it has failed it's MOT for example or monthly bills which may have been previously overlooked.
Can anyone apply for payday loans ?
A payday loan is a very popular choice as you may apply for one as long as you are over 18, have a home address and are in some form of employment. It is also very easy to apply, as you don't need to fax any information, stand in a queue somewhere or make an appointment with someone to apply for the loan. You can make an instant application via the chosen payday loan companies website.
Cash loans are exactly that - cash loans. They can be granted within 1 hour and they usually range from between £50 and £1500. They appeal to people with a good credit rating and are even more appealing to those individuals with a bad credit rating, due to the ease of being able to receive fast cash loans direct into your bank account within such a short space of time.
Can I apply for cash loans if I have a bad credit history ?
You may still be able to apply for a cash loan if you have a bad credit history. However, applications are decided on a case by case basis.
Payday Loan Lenders
There are lots of payday loan lenders in the UK market place, with the vast majority of them all offering very similar products. They are basically the companies who will actually grant you the loan you apply for. Every one of the payday loan lenders listed on our website will have different options available to the applicant, and all of the payday lenders we offer on our website will usually accept a person as long as they meet a very simple criteria which is as follows :
The applicant must be over 18 years old
The applicant must be a resident of the UK
The applicant must have a regular source of income
The applicant must have a standard UK bank account which is able to receive direct deposits
Will any of the payday loan lenders reject my application ?
Applications are decided on a case by case basis. You will be notified if your application has been successful, usually within the hour.
Short Term Loans
Short term loans are a welcome addition to those people who are looking to borrow money on a short term basis. A short term loan is not always easy to actually obtain, with alot of short term loans being hindered by lengthy credit checks. Also when a short term loan is granted by a highstreet bank, they usually penalise you for paying it back quickly. We do not list any website or company who will penalise you for paying any short term loans back quickly as this totally defeats the object of obtaining one in the first place.
What is the usual length of short term loans ?
The typical length for short term loans is 30 days. There are other options available depending on the actual lender with some short term loan lenders offering 7 day loans and even 3 day loans, which are usually used for those who need money for a very short period of time for a very specific purpose.