How payday loans work

Payday loans provide you money and peace of mind, just when you need it! More financial freedom – ranging from emergency child care to paying for a plumbing issue just before payday.

I would like to know...

• How do I get a payday loan?
• Are payday loans right for me?
• How much money can I borrow?
• How do I repay my payday loan?
• Can I defer my payday loan repayments?
• What if I am an existing paydayUK customer?

How do I get a payday loan?

Borrowing from Payday UK is simple and fast! We give quick online decisions, normally without the need for faxes or post**

You are just a two minutes away from your payday loan decision!!

All you need to do is:

• Fill in our fast application form
• Within a minute we will tell you if you have been approved
• Once you’ve been approved, then enter your bank account details (so we can pay you) and debit card details (so you can repay us on your payday)
• Your loan agreement will be displayed online for you to sign

**Occasionally we will be unable to confirm all details automatically. Should this be the case we will ask you to fax in simple documentation for us to be able to complete the application process.

Are payday loans right for me?

Payday loans can help with various types of financial emergency. You can:

• Pay those 'Final Demand' bills
• Organise emergency child care for your children
• Pay your MOT repairs – just in time!

How much money can I borrow?

You can borrow from £80-£750 depending on your circumstances. To find out how much you can borrow complete our quick payday loan application form today!

We charge £25 per £100 borrowed – nothing more!
There are no arrangement fees to set up the loan.

How do I repay my payday loan?

Repaying your payday loan could not be easier.

We simply debit the payment from your debit card on your payday for the agreed amount – no fuss and nothing further for you to do.

Can I defer my payday loan repayment?

We do understand that occasionally people will need to borrow money for a second month. We call this a deferral. You will have to repay the charges and we suggest you pay as much as possible to reduce further charges.

If you feel you may need to defer your loan, please contact our customer services team on 0871 271 6111 (Call charges apply – 10p per minute from BT landlines, mobiles and other providers may vary) where one of our dedicated advisers will be pleased to help you, or visit the Existing Customer Login.

Existing PaydayUK Customers