How do Payday Loans Work

How To Get Payday Loans Fast

To qualify for a quick loan you need to be 18 or over, resident in the UK, have a regular source of income and a bank account with a debit card. Getting PaydayLoans from Payday Direct's lenders is simple and fast. Complete the lenders quick loan application and you’ll receive an online decision in minutes, usually with no need for faxing or posting any documents.

• We search 100s of lenders ensuring that we can help find a loan for you.
• You don't need to own a house or have a good credit rating.
• You could have a quick loan today*.

Apply Online

Complete the secure and simple application form in a few minutes. You’ll need your contact details, employment details and basic bank account details to hand.

Confirmation

If you meet the basic criteria of our lenders you’ll receive an email confirming that you have provisionally been accepted for a loan. You will be asked to agree to the terms and conditions of the lender and the money will be transferred to your bank.

Access your money

The money will be in your bank within 48 hours, sometimes even in an hour. You can withdraw or spend it at your convenience. When your payday comes the loan will be paid off in full.

What you need to apply for a quick loan

You must be 18 or over, have a permanent job with a salary paid in to a UK bank account, and be a permanent resident in the UK.

Have the following when you begin to fill in the application form:

• Your contact details
  including your land line number, mobile number, post code and the amount of time you have lived at your current
  address.
• Your work details
  including company name, how long you have worked for the company, how you are paid, the next date you are due
  to be paid, how often you are paid, how much you are paid per month and your national insurance number.
• Your bank details
  including bank account number and sort code

Once you’ve got this information to hand and you know the amount you want to apply for, go to our fast payday application, complete the form in a few minutes and send.

How we use the information you provide

Your bank details are used to transfer money into your account and set up the easy repayment system. Your contact details are used to confirm your identity and your employment situation. Only on rare occasions will anyone contact you on your landline or at work. If it is necessary to clarify any information you have given the caller will always be discreet and will never discuss your loan application with anyone but you.

You could have a fast loans today

In a few more minutes you’ll find out if you’ve been accepted for a quick loan. The loan agreement will be presented to you online by the lender to sign electronically. Often the cash will then be transferred the same working day*. Use your loan for whatever you want. No one will ask you why you need it for and you can use it to pay bills, buy a treat or anything you want.