Listings of Payday Loan Companies in the UK
There are many lenders in the uk that offer short term unsecured finance for emergency purposes and we have reviewed some of the most popular payday loan companies below that can offer up to £1,000 and in some cases £1,500 depending upon your circumstances.
They all work in roughly the same manner in that you submit a short online application and you find out immediately if you have been accepted for your loan. You will then be required to approved your loan electronically and then the cash funds will be transferred directly into your bank account (so you will need to submit your bank details together with a debit card so that the loan can be repaid).
Normally a credit check is not undertaken and in most cases you will not be required to fax any documentation. All these lenders have high acceptance rates and if you apply today you can normally have your cash in your bank the same day.
Interest and charges are not normally a percentage of the amount borrowed but rather a fixed amount per £100 of cash loaned out. This varies by lender but is generally £25 to £30 for each £100 borrowed. To apply now just select one of the loan companies below.
Other Lenders for Short Term Loans
Of course there are a raft of lenders out their who can help you get immediate cash to help you in the short term. Banks also offer unsecured loans but these tend to be for a longer period of time and their interest rates are a lot lower. It will depend on your own circumstances as to what you will require and if you are in any doubt speak to a professional advisor or one of the government back free advice schemes who can help you with your financial planning.
Companies Based in the UK
Not all websites that are listed will actually be the lender that provides the money into your account. They work much like us where we take your details and link directly with all the companies so you only have to complete the application form once. You can either do this or go directly to one of the companies listed below.
- Wonga - perhaps the most well know because they sponsor Blackpool football club and have adverts on television
- Payday UK based in Burgess Hill, West Sussex
- Payday Express based in Bromley, Kent
- Payday Bank based in Wellington Road, London
- Quick Quid based in Green Lanes, London
These are just a selection of the companies that provide the loans. No matter who you use you'll need to meet certain criteria not just on a credit scoring check but also you'll need to be
Although the representative APRs that are shown look to be extremely high this is because of the nature of these loans because they are provided on a short term basis.
