Quick Loans To Help You Through

Quick Loans To Help You Through

Payday loans provide a short term quick loans when you need extra money before payday or to help you with a financial emergency.

Quick loans are usually repaid on your next payday, the date is agreed during the application process.

Is A Quick Loan Right For You?

Everybody gets into difficult financial situations every now and then. Bills, hidden costs or simply forgetting a payment can suddenly put you in a difficult position.Unauthorised overdraft and credit card charges can cause you to slip you further into trouble.

This is where quick loans from payday lenders can come in really handy.

Quick loans could help you avoid expensive fees and charges and if you need quick cash over a short-term period, a payday loan could be an effective solution. When borrowing from any loan provider always ensure you are able to repay the amount borrowed on the date agreed.

Make sure you read the terms and conditions of the loan and understand what is required. Complete the application form truthfully and honestly.

What Do I Need To Apply For A Quick Loan?

Applying for quick loans takes minutes. All you need to do is complete the simple quick loan online application form and click submit.

To qualify for a payday loan you must:

• 18 years old or over
• Be in permanent employment
• Provide your bank account details
• Provide your contact details

You can find out more about the criteria for quick loans on our How Quick Loans Work page

How much money can I apply for?

Depending on your specific situation and the quick loan lender, a maximum of £750 can be borrowed. However, you can apply for anything between £100 and £750.

If it’s the first time you’ve applied for quick loans you may not qualify for the maximum amount but could still get a quick loan for up to £500 from a payday lender.

Will I have to wait long to be accepted?

As soon as you have submitted the online application form, a decision will be made in minutes. Once a lender agrees to the loan and you are happy with the repayment plan the money will be transferred into your bank account.

Find out more about how quick loans work on our How Quick Loans Workpage

How Fast Can Quick Loans Be Transferred?

Once approved, you will confirm the loan specifics with the lender online and depending on the time you submit your application, quick loans can be transferred directly into your bank account on the same day*.

What Are The Charges For Quick Loans?

A standard £25 is usually charged on every £100 borrowed. However, this can vary depending on your personal situation.

The Representative APR is 1737% (variable). As an example, a loan of £200 taken for 28 days would require payment of £250, the interest would be £50 for a loan with an annual interest rate of 1737% (variable).

Always ensure you can make the repayments before agreeing a payment plan, quick loans offer a great way to borrow money when used correctly. Use a good and free personal finance budgeting tool to make sure you’re not borrowing more than you can afford to repay.

Find out more about the cost of quick loans on our Charges page

Get The Cash You Need Direct

Use Payday Direct for quick loans to see you through until payday