Top 10 reasons to choose a PaydayUK payday loan

1 Great rates

At PaydayUK unlike other payday lenders our loans have no hidden fees and no set-up or admin fees. We simply charge a price promise of £14.50 per £50 borrowed, with a Representative APR of 1737%. The APR sounds high but this is because it is an annual percentage rate and the duration of a payday loan from PaydayUK is very short term, usually payday to payday. To find out more about our APR and how it works see our 'Understanding our APR' page.

2 Quick approval

Within a minute we will tell you if you have been approved. Once approved, just enter your bank account and debit card details (so we can deposit funds into your account and you can repay us on your payday) and then your loan agreement will be displayed online for you to sign. It only takes two minutes to apply.

3 Secure and easy application

Our application form is totally secure and simple to fill out. PaydayUK is secured by SSL (Secure Sockets Layer) this creates a secure connection between our customers and our website. So we can give you the confidence that your information is being sent securely and to the right place. Our confidential application form takes two minutes to fill out.

4 Same day deposit

PaydayUK now has access to the Faster Payments Service†, which allows our customers to have their payday loan within hours rather than days, at no extra cost. Please note, banks that do not accept the Faster Payments Service can take up to 3 working days to clear your funds. To check if your bank accepts Faster Payments go to www.ukpayments.org.uk/sort_code_checker/ and enter your bank's sort code.

5 Up to £750

At PaydayUK you can borrow from £80 to £750, depending on your circumstances. Complete our quick online application form and find out within a minute how much you can borrow.

6 Two ways to apply - you decide!

You can apply for a payday loan from PaydayUK either by using our fast online application form or by calling our helpful team on freephone 0800 280 25002, where a member of the team will be happy to fill in the application for you over the phone.

7 High quality customer care

At PaydayUK we pride ourselves on high quality customer service. We put our customers first and always try our hardest to provide a friendly and approachable customer care team. You can contact our customer care team via telephone, email or post. Alternatively you can use our Live Chat Support option, to speak to a member of the team who will be happy to help you and answer any questions or queries you may have - we always aim to do this in a quick, friendly and confidential manner. Please see our 'Contact us' page to see the different ways available for you to get in touch. Also feel free to have a look at our 'What our customers say' page and see some of the comments from our customers.

8 Responsible lending

PaydayUK is committed to responsible lending. We are part of the Consumer Finance Association (CFA) who collect and maintain information on consumers' and businesses' credit behaviour, on behalf of organisations in the UK. See our Responsible lending page for more details.

Also, we don't let you pile up the debt with us. We like to build long-term relationships with our customers and will only lend to you again once you've paid back your current loan.

9 Could improve your credit rating

Every time you pay off a payday loan from PaydayUK this positive repayment is reported to a Credit Reference Agency. This will help rebuild your credit rating with them and with us.

However, if you do not repay your loan, and fail to contact PaydayUK, this will also be reported to the Credit Reference Agency, which may have a negative impact on your credit rating.

10 Emergency situations

A payday loan from PaydayUK is the perfect solution to any kind of cash crisis, from unexpected bills and medical payments to repairs to your house or car. Whatever the reason may be, PaydayUK's loans are designed to help you get through those small money worries until your next payday arrives.