PaydayUK take the protection of your data seriously and use many of the latest security features on our site. To ensure you get the full benefit of these its important you update your browser to the latest version. To discover if your browser is out of date and for guides on how to update it please visit this site.


Faster Payments from PaydayUK

What is Faster Payments?

Faster Payments is a payments service which allows phone, internet and standing order payments to be made quickly and securely. PaydayUK uses the Faster Payments Service, which means that when you have signed your loan agreement before 3:30PM and your loan is deposited you could have the funds in your account the same day, including Saturdays and Sundays2.

How does this benefit you?

The Faster Payments Service allows you to receive your loan in hours rather than days, at no extra cost. For new customers applications must be received by 3:30PM and completed by 5PM for same day deposit.

Do I need to do anything?

  1. No, you don't need to do anything different.
  2. You only need to check whether your bank has this service for you to receive a Faster Payment from PaydayUK. You can do this here. The Sort Code Checker uses the latest industry data, which is updated weekly, in line with industry practice. Some banks may take up to 3 working days to clear the funds.
  3. If the Faster Payments Service is not available to you yet, payments can continue to be made through other methods such as BACs, which can take up to three working days to clear.

Representative Example: £250 borrowed for 3 months. Annual interest rate of 292% (fixed). Total amount repayable is £411.63 in 3 monthly instalments of £137.21. Representative 1192% APR.

Warning: Late repayment can cause you serious money problems. For help, go to

PaydayUK are members of