Short Term Loans.

£50 to £5,000 paid out by 5:34am *

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Instant quote with no credit check and no fees.

Small loans can be sent by 5:34am today.*

Over 4500 no obligation quotes processed every single day!^

Representative APR 91%.

Representative Example: Borrow £500 for 6 months. Interest: £160.27 - Interest rate: 65% per annum (fixed). Representative APR: 91% - Total amount payable: £660.27. Rates between 9.3% APR and 1294% APR - your no obligation quote and APR will be based on your personal circumstances. Payday UK is a registered trading name Payday Loans Ltd who are an introducer appointed representative of Flux Funding Limited, who are a credit broker, not a lender.


Warning: Payday loans should not be used as a long term financial solution. Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.

Short Term Loans Online

At Payday UK, we dedicate our efforts to providing a transparent and user-friendly service.

Short-term loans in the UK have become increasingly popular in recent years. More people are finding that the cost of living is very close to their level of income. This means building up any savings can be slow. A short-term loan is currently the go-to solution for many people when faced with an unexpected bill. People use short-term loans to cover unexpected car repairs, household problems, medical bills and emergencies they couldn’t have anticipated.

Having the ability to quickly access additional funds when you need them has helped an incalculable number of families keep their heads above water. The increased consumer demand for short-term loans has seen many reputable lenders enter the market and start offering these types of loans.

We've helped out
thousands of people...

£1500 for Samuel in Harrogate
£350 for Danielle in Bradford
£600 for Elizabeth in Lockerbie
£400 for Anthony in London
£300 for Mark in Guildford
£250 for Louisa in Croydon
£200 for Bartosz in Yeovil
£300 for Glen in Dereham
£400 for Louis in Folkestone
£1000 for Martin in Lincolnshire
£300 for Michael in Stirlingshire
£300 for Anish in Essex
£50 for Neil in York
£200 for Jane in Culross
£1000 for Rashid in Manchester
£2000 for Mohammed in Smethwick
£300 for Hanif in Birmingham
£500 for Chanelle in Bradford
£300 for Judy in Islington
£100 for Harley in Folkestone
£200 for Natalie in Lincolnshire
£1000 for George in Bromley
£400 for Jessica in Huddersfield
£500 for Anna in Launceston
£200 for Carly in Manchester
£1500 for Mary in Motherwell
£500 for Stuart in Worthing
£200 for Vincent in Southport
£200 for Michael in London

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Short Term Loans from Direct Lenders

If you are looking for a short term loan, Payday UK work with a great panel of lenders to find you the best possible deal.

Because access to this type of money is often needed as soon as possible, lenders have streamlined the process of applying and receiving your funds as much as possible. It’s now easy to apply for short-term loans online.

Payday UK are committed to providing the best service we can to our customers.

As a new broker in the short-term loan market, we’re here to shake things up. We have knowledgeable and experienced team members, a panel of FCA authorised direct lenders, and a desire to be the best in our industry. We are continually refining our systems and processes to ensure you are always getting the best deal in the shortest possible time, regardless of your credit history.

How it Works

We know you need your money as soon as possible. That’s why we do everything we can to make the process fast and simple.

Apply Online

Fill out our short, secure form and search our industry-leading panel of lenders to find your loan.

Check Your Offer

Once you have your offer from the lender, you can review the offer and get your cash.

Get Your Money

Your money can often be paid into your account within just 10 minutes.*

More questions? We've got you covered

Short-term loans are similar payday loans but with a higher level of flexibility. The amount you can borrow varies from £50 to £5000, and the repayment can be made over a period of your choice, ranging from 3 to 36 months.

The nature of short-term loans means the process is far quicker than a traditional loan and can be completed online. These three characteristics, the lower amount, shorter repayment period, and faster process, are the main differences to a traditional loan. They are also the key characteristics that make short-term loans online such a popular choice for people looking for a quick fix to a temporary problem.

While short-term loans are useful for several circumstances, they do not provide a longer-term solution to financial difficulty.

Payday UK have streamlined the application process to help you access the required funds as quickly as possible. Simply fill out the personal details, and we will show you the best option for your unique circumstances.

The loan we select for you will already have been compared to your requirements and situation, so you will know you meet the criteria and can progress straight away. Short-term loans for smaller amounts can be in your bank within ten minutes*. Larger sums may take slightly longer to process.

Payday UK are not direct lenders, but we do have a panel of FCA authorised lenders whose guidelines we use to check your status. This flexibility is just one of the reasons we have such a high acceptance rate, and why people with an adverse credit profile often find they can access additional funds using our service.

The decision on whether you qualify for a short-term loan is virtually immediate. Our current acceptance rate is 95%. We will match you to the best deal with the lowest rates for your unique situation. Sometimes, the speed of the process can be risky.

If you’re in a position where you need access to the money quickly, it can be easy to agree to unreasonable terms. When you use Payday UK, you know you’re getting the best deal currently available for you. This added peace of mind is priceless when you’re in a rush to resolve an emergency.

Yes, it can be. If you need to borrow between £50 and £5000, a short-term loan could be ideal for you. Short-term loans have been designed to help people that need access to extra money quickly. The reasons vary, but they usually include an unforeseen expense, such as a car breaking down or a house repair that needs immediate attention. If this sounds like you, then a short-term loan could help you out of a sticky situation.

Short-term loans aren’t a good solution for longer-term financial difficulty, such as paying other debts. There are free services you can use if you’re struggling with debt and need help to get back on track. Look at moneyadviceservice.org.uk
stepchange.org
nationaldebtline.org websites for further information.

At Payday UK, you can apply for loans up to £5000. Due to the nature of short-term loans, most people who take out a loan would not exceed this amount, and the majority are for considerably less. If you need to borrow more than £5000, then you will be better served looking for a more traditional loan with a longer repayment period.

If a company offers short term loans for higher amounts, you should make sure you completely understand the full terms of the loan, as if they apply payday loan rates to a larger sum the interest could mount up quickly.

The repayment varies. You can choose a repayment period of between 3 and 36 months. The length of the repayment period is usually a reflection of the size of the loan. The larger the loan is the longer the repayment period. A smaller loan would typically be repaid over a shorter period.

One of the primary considerations when selecting a suitable repayment period is can you afford the repayments. You don’t want to stretch yourself too much and end up in the same situation in a couple of months. Select a repayment period that gives you payments you’re sure you’ll be able to meet.

Payday UK do not perform a credit check. However, lenders will perform a search known as a soft credit check, allowing us to find the best loan for you without having any impact on your credit rating. It means that you get to see if you’re eligible without the need for a full credit check that will show up on your record.

However, a full credit check will be performed by your chosen lender. The FCA (Financial Conduct Authority) requires all lenders to perform a full credit check, so don’t believe a company that tells you otherwise.

While the full credit check will show up on your credit report, you will already know you meet the lenders’ requirements before it is performed. Being accepted for a loan and then making all the repayments on time will be positive for your credit rating.

Payday loans by their nature are taken over a short period of time; however, a short term loan comes with a higher level of flexibility. Most short-term loans are part of direct lenders payday offerings.

Although, there are many banks that offer loans with a shorter repayment period that will never refer to them as payday loans, partly because of the negative historical associations with the term.

A lot of the reputation attached to short-term loans is a throwback to when they first became popular. There were many unscrupulous and unregulated lenders that took advantage of people that were in a difficult situation. Now direct lenders must be registered with the FCA and follow ethical and regulatory guidelines, providing the consumer with more protection. Short-term loans can get expensive if you fail to make the repayments on time.

The high APR rates reflect the short term of the loans, but if the loans go beyond the stated term, the additional interest can add up quickly. This is one of the reasons it’s essential you use a reputable lender that is entirely transparent about the terms of the loan.

When a short-term loan is used correctly, it can be a great way to help you out with an immediate problem. However, if you abuse the service, the interest can build up quickly.

If you think you’re going to experience a problem making a repayment, it’s essential to contact the lender straight away. Good communication means they won’t make any presumptions about your intentions, and you can resolve the issue quicker together.

This question is more complicated than it initially seems because lenders are regularly updating what they offer to attract customers. In the past, some consumers have accepted unreasonable terms because they have a bad credit score and are just happy someone has agreed to lend them the money.

However, when you use Payday UK, you know you’ll get the best deal for your situation that’s available at the time, regardless of amount, term, or your credit history. When you apply, we look at what several lenders are offering, then present you with the best option.