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.


Loan Charges

We offer short term instalment loans (also known as payday loans) with terms ranging from 1 to 12 instalments repaid over consecutive pay dates (every four weeks for weekly/fortnightly paid customers).

The interest rate charged depends on the term you select; however there are no setup or admin fees for any of our loans.

Daily rates range from 0.36% to 0.8% (dependent upon term length), which means you will pay between 36p to 80p per day per £100 borrowed.

To find out the cost for your loan, please use the calculator below:

When is your next payday?

You will only be charged interest up until your next payday when your loan is due to be repaid

Borrow: + days x interest per day = total to repay

Repayment Summary

Please ensure you can afford each of the repayments before applying

Amount borrowed: £
Length of borrowing: Time
First repayment date: Date
Each instalment amount: £
Total repayable: £

*Calculation is for illustrative purposes only. The actual cost and repayment summary may vary based on affordability and pay dates.

What happens if I can't make a payment?

We understand that people's personal and financial circumstances can change. If this is the case, you must let us know as soon as possible and we will do our best to help.

Please be aware that non repayment by you may result in us reporting to Credit Reference Agencies which may have a negative effect on your credit score.

If you are having problems making a payment please contact us on 0330 024 1642¹ and we can discuss your payment options.

Understanding the APR

The APR (Annual Percentage Rate) is the interest payable on the amount borrowed and other charges expressed as an annual rate charge. This rate is a good way of comparing financial products and all lenders have to tell you what their APR is before you sign an agreement. The Representative APR demonstrates what we think the majority of successful applicants will receive. The APR includes factors such as:

  • The interest you must pay
  • The length of the loan agreement (term)
  • The frequency and timing of payments
  • The amount of each payment
  • Certain fees associated with the loan

Representative Example:£300 borrowed for 3 months. Annual interest rate of 292% (fixed). Total amount repayable is £487.71 in 3 monthly instalments of £162.57. Representative 1186% APR.

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

PaydayUK are members of