Rates & Terms for Our Online Payday Lenders

PaydayFinancial.co.uk is a loan matching service across the United Kingdom. We have agreements with independent and reliable licensed payday loan lenders, in which we attempt to match you (based on the information you provide) with a lender willing to give you a payday loan. We charge you no fee for our service which is designed to get you the money you need with as little hassle as possible. Please note that your loan agreement with the lender (if you application is successful) will be governed by the Consumer Credit Act of 1974 and all other applicable United Kingdom laws. Please note that PaydayFinancial.co.uk is not a provider of loans and cannot guarantee that your application will be accepted by any of our independent lenders.

If your details match the criteria of one of our lenders on our panel, we will forward your details to that lender who will let us know quickly whether they wish to consider your application further. If the lender asks to be provided with your application details, you will be forwarded to that lender’s website where you may be asked to complete the lender’s online application or additional information.

Your application will be subject to further assessment by the lender. If the lender accepts your application, you will enter into a credit agreement with that lender. Your loan agreement with that lender will be displayed online for you to sign.

Please be sure that you read the agreement and terms and conditions provided by the independent payday loan lender. Rates and terms vary from lender to lender.

Maximum loan amount

The maximum loan amount allowed for United Kingdom Residents is £750. Loan amounts are based on consumer's credit history and ability to repay loan. Not everyone may qualify for £750. Please note that depending on the lender, the average first time loan amount will vary between £185 - £200.

Payday Lender Charges

PaydayFinancial.co.uk is a free service to those in search of quick, short-term financial relief. We work with many leading payday lenders who have their own set of fees. Usually the loan amount, plus fees, will automatically be withdrawn from your bank account on your next payday although the specific details about how and when payment will be collected varied from lender to lender. You should read your credit agreement to ensure you understand all fees and charges as well as your repayment obligations.

Example Payday Lender Charges

Representative APR: 1734%

Representative APR example: Borrow £50 for 30 days. The total charge for credit is £14.75. Interest is fixed at a rate of £14.75 per £50 loan. The Total Repayable is £64.75. Representative 1734% APR.

APR Explained

APR stands for the Annual Percentage Rate of charge. It is mandatory for all loans and credit cards to display their APRs. APR includes factors such as interest rate, the length of the loan agreement (or term), frequency and timing of installment payments, and the amount of each payment.

Please keep in mind that most payday lenders require the loan to be repaid in full, on your next payday. This generally does not exceed 31 days. Displaying interest in terms of APR can be confusing for some as it suggests that you will have the loan for an entire year, making frequent payments.

If your application is approved by a lender once we have matched you to them, be sure to ask the lender any questions you may have about their fees, interest or terms and conditions before signing the credit agreement.

Quick quid up to £100 to £750 in your bank account in less than 24 hours

Terms and Conditions apply. Fees displayed are typical but cannot be guaranteed. Your actual rates may vary based on your circumstances and the lender we select. Representative APR (Annual Percentage Rate of charge): 1734%. Representative APR example: Borrow £50 for 30 days. The total charge for credit is £14.75. Interest is fixed at a rate of £14.75 per £50 loan. The Total Repayable is £64.75. Representative 1734% APR. The APR includes important factors such as the interest rate you must pay; how you repay the loan; the length of the loan agreement (or term); frequency and timing of installment payments; and amount of each payment. Payday advances should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counselling.

* Subject to approval times and lender's own policies. In most cases, funds will be deposited the same working day, if approved by 14:30. Approval may take up to 30 minutes in most cases.
Loan amounts are based on consumer's credit history and ability to repay loan. Not everyone may qualify for £750.

PayDayFinancial.co.uk is not a lending or banking institution and it does not broker loans to lending institutions. The personal information you provide will be provided to a third party lender to provide you with a loan application and the potential to receive a loan. PayDayFinancial.co.uk makes no guarantees or warranties with regards to the availability of a loan or any other aspect of the terms and conditions of the lending institution. This web site places no value to this service. For details, questions, or concerns regarding your unsecured cash loan please contact the lending institution directly. Not all lenders can provide up to £750. Cash transfer time may vary between lenders. We assume no responsibility for the services or information you may receive from the lender. All loans are subject to credit approval. Certain limitations apply.

Disclaimer: As a condition of extending credit, some lenders you may be matched with may run a credit check from a major credit reporting bureau.