What is a payday loan?

Sometimes known as a wageday advance, a payday loan is a short-term cash injection. This is repayable after 31 days – generally when you receive your next paycheque.

The loans are particularly useful for those with bad credit (find out more here), or those who only need the money for a limited period.

What can they be used for?

The money can be used for any purpose – to pay bills, to furnish your home, to purchase electrical goods or equipment, for a holiday, for deposits on luxury items, for a down payment on a new car, in fact anything you need that little extra cash for now.

How much can I borrow?

Generally, you can borrow between £50 and £1000. This is subject to limitations such as the information you supply us, and if you’re a first time borrower.

What do I require to get a payday loan?

To read about our requirements, click here.

I have a very poor credit history (CCJs etc) – does this stop me from getting a cash advance?

The loans are available for people with a poor credit rating. The lender to whom you apply will however, need to be assured that you can cover the cost of the repayments after the 31 days.

I am not a homeowner – is this a problem?

No problem – it makes no difference to us whether you are a homeowner, a tenant or living with parents.

How long will it take to receive the money?

If you have access to email facilities then you could receive your loan the same day or next working day.

Subject to provision of the necessary documentation.

How do I get my loan?

The lender will transfer the money directly to your bank account by same day priority payment, once it is in your account you can access the money immediately.