Learn about
Payday lenders
Get a payday loan from PaydayUK
Payday loans can be used for just about anything.
Top 10 reasons to choose a PaydayUK payday loan!What is a payday lender?
A payday lender is a company that specialises in payday loans. Most of these companies operate online, providing an application form for the customer to fill in. The application and approval process of payday lenders is not complicated and the borrower usually receives a decision within minutes.
What is a payday loan?
Payday lenders offer customers a short-term loan, which is also known as an unsecured loan, cash advance or a payday loan. Payday lenders offer these as a temporary advance of money, to help meet their customers' short-term financial needs.
Loan amounts
Payday loans are offered by payday lenders to cover a borrower's expenses until his or her next payday.
They are typically available for amounts up to £750 and are given for the period between the day the loan is required until the customer's next payday.
Who to choose?
With so many online payday lenders available today, picking one can be a long and confusing process. That's why here at PaydayUK we make sure our website is as clear as possible, so you know exactly where you stand.
It's really easy to apply for a payday loan from PaydayUK payday lender. You simply need to fill in our fast online application form and within a minute we will tell you if you have been approved for a loan from £80 to £750 and inform you of any charges. The money is then transferred into your bank account; normally before midnight on the same day. The payday loan you will receive is then available for you to use how you wish, and you don't need to repay your payday loan until your next payday.
Crystal clear
We want to make sure your experience with PaydayUK is a good one, which is why we don't let you get trapped into a net of long-term debt. And we want to be totally honest with you. Unlike other payday lenders, we charge no arrangement fee to set up your payday loan, we simply charge a price promise of £14.50 per £50 you borrow, so you always know what you owe. When you apply for your payday loan we'll run a quick credit check on you, because we are responsible lenders and we like to make sure that you can repay the loan when payday comes.
PaydayUK payday lender could help improve your credit rating
Getting any kind of loan can be a tricky process if you don't have a good credit rating, but don't worry - PaydayUK payday lender will still consider you. And if your two-minute application is successful we could help you improve your credit rating, as each time you pay off a payday loan from PaydayUK payday lender this positive repayment is reported to a Credit Reference Agency.
Paying your payday loan from PaydayUK payday lender on time will stop a failed payment being reported to the Credit Reference Agency, which is a good thing, as a reported failed payment can leave a negative effect on your credit rating.
Why PaydayUK?
Perhaps your car is broken or you have just realised that the MOT has run out? You need your car to work but can't afford to take it to the garage and you can't wait until payday? Or it may be it's coming towards the end of the month, you have unexpected bills and expenses due to come out of your bank account before your next payday but your wages are all spent? If you're looking for a solution to problems similar to these, then a payday lender like PaydayUK could be your answer.
A payday loan from PaydayUK payday lender:
- Hassle-free
- Fuss-free
- Quick
- Easy
- No upfront fees
- Up to £750
- Same day deposit - including weekends
- Can help build your credit rating
- You can apply online or by telephone - you decide!
If a payday loan is ticking all your boxes then use our easy online application form and apply now for a loan from PaydayUK - the leading UK online payday lender! Alternatively you can call a member of our team on 0800 280 25002 , who will be more than happy to complete your application for you.
Understanding our loan charges
We charge £14.50 per £50 borrowed for new payday loans. Learn more about our charges.
Our charges explained
What our customers say...
'9/10 existing customers think MEM payday loans are a convenient way to obtain cash quickly.'
Read more feedback
PaydayUK have no hidden charges
We charge £14.50 per £50 borrowed and have no hidden charges and no fees. We keep it simple!
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Managing your money
PaydayUK provides access to information to help you manage your money more effectively.
Let us explain in full[†] Check with your bank if they accept Faster Payments; some banks may take up to 3 working days to clear the funds. For new customers, applications must be received by 1530 and completed by 1700. All loans are subject to final checks.
