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  • Pay As You Go Prepaid Credit Cards
  • Prepaid Credit Cards And Their Uses
  • What Are Payday Loans?

Payday Loans

Payday loans are considered as short term loans for emergency repairs or those unexpected bills. A payday loan company usually offers between £70 and £1000, depending on your circumstances. Payday loans are generally offered to those in employment whose salary or wage is paid directly in to their bank account. Payday loans are normally due for repayment when the borrower is paid his or her next salary, usually 30 days later.


Payday Loans Information

Payday loans or cash advances are starting to replace the cheque cashing industry because the applicant does not need to go into a store to make an application; these are completed on line via the payday loan operators' web site. Cash advance loans are usually applied for when an unexpected bill lands on the doormat, something that could not be budgeted for. An example could be an unexpected car repair bill.

At the bottm of our extensive range of payday loan providers we have more information relating to payday loans.


Payday Loan Comparison Table:

Lender

Terms

Amount

Payable on £80

Requirements

Debit Card

Required

Bank Account

Required

Apply

payday-loan-finder-uk 31 Days £75 - £750 £100
  • 18 years of age
  • UK resident
  • Employed
  • Valid bank account
Yes Yes Apply Here
quid-til-payday 31 Days £80 - £750 £100
  • 18 years of age
  • UK resident
  • Employed
  • Valid bank account
Yes Yes Apply Here
free-cash-locator 31 Days £80 - £750 £100
  • 18 years of age
  • UK resident
  • Employed
  • Valid bank account
Yes Yes Apply Here
wage-day-advance-payday-loan 31 Days £80 - £750 £125
  • 18 or over
  • UK bank account into which your salary is paid
  • A regular job and pay day
Yes Yes Apply Here

purple-payday-loans

31 Days

£80 -£750

£100

  • 18 or over
  • Full time employment earning £750 per month or more
  • You will need a bank account that accepts direct debits
  • Requirement of proof of identity

Not Always

Yes

Apply Here

pay-day-bank-payday-loans 31 Days £80 - £750 £100
  • Your name and current address
  • Two contact phone numbers and your email address
  • Your work and income details
  • Your bank account details
  • 18 or over
Yes Yes Apply Here
wonga-payday-loans 31 Days £1-£1000 £100
  • Live in UK
  • Bank Account
  • Debit Card
  • Over 18
Yes Yes Apply Here
payday-uk-payday-loans 31 Days £80 - £750 £100
  • Be over 18 years old
  • Be in permanent employment
  • Earn more than £750 net per month
  • Have a bank account with a valid debit card
Yes Yes Apply Here
mr-lender-payday-loans 31 Days £80 - £750
  • Be over 18 years old
  • Be in permanent employment
  • Earn more than £750 net per month
  • Have a bank account with a valid debit card
Yes Yes Apply Here
cash-genie-payday-loans 30 Days £75 - £750 £104
  • Be over 18 years old
  • Be in permanent employment
  • Earn more than £750 net per month
  • Have a bank account with a valid debit card
Yes Yes Apply Here
get-me-to-pay-day-payday-loans 21 Days £80 - £750 £100
  • Be over 18 years old
  • Be in permanent employment
  • Earn more than £750 net per month
  • Have a bank account with a valid debit card
Yes Yes Apply Here
payday-express-payday-loans 31 Days £80 - £800 £100
  • Be over 18 years old
  • Resident in the UK
  • Be in permanent employment
  • Have a bank account with a valid debit card
Yes Yes Apply Here
247-cashline-payday-loan 31 Days £75 - £1000 £100
  • If you are 18 or over
  • In full time employment earning £750 per month or more
  • You will need a bank account that accepts direct debits
  • Required to prove your identity.
Not Always Yes Apply Here
payday-bridge-payday-loans 31 Days £75 - £1000 £100
  • Bank account that will accept direct debits
  • You must be at over 18 years of age
  • Resident and be eligible to work in the United Kingdom
  • Employed and receive a regular salary
  • Salary paid directly into your bank account
  • Minimum take home pay of £750 per month
Not Always Yes Apply Here
provident-loans Negotiable £50 - £500 N/A

We know this isn't a Payday Loan but thought it was a great product that needed to be included somewhere!

The application takes place online, then some one comes to talk to you at home so you don't have to leave your house! There is a fixed weekly amount that is paid back so doesn't dent the pocket too much.

You also do not need to be employed for this style of loan, click the logo or the apply button for further detials.

N/A N/A Apply Here
http://instantloans.at/cashswerve?CTY=1&CID=11836

Payday Loans and APR's

Payday Loans How Do They Work?

The APR (Annual Percentage Rate) of a payday loan looks unusually high compared to other loans because the term of the loan is so short. Most loans are usually entered in to over a minimum period of around 12 months. If you were to take a loan out of £1000 over a 12 month period the APR would be worked out accordingly, over 12 months. Because a payday loan is only usually taken out over a 30 day period the APR needs to be worked out over that period making a payday loan look more expensive.

Nearly all payday loan companies offer a quick and easy online application process. The payday loan company then verifies your address, many don't use a credit checking agency to make an instant online payday loan decision.

Funds are usually deposited directly in to your bank account via BACS or CHAPS payment the same day as acceptence so you have access to the cash that day.

 


 

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