How much payday cash can I borrow?
ranging from £80 to £300 are available to apply for, depending on your financial status.
What are the charges for pay loans?
The Representative APR for the cash to payday Loans found through our site is 2670%. The amounts you repay will vary depending on the lender, but is usually around 29% of the loan amount.
As an example
- For a loan of £200 taken for 28 days
- The total in one repayment would be around £258
- The interest payable would be £58
- The interest rate per annum is 378% (fixed)
A borrower taking out an £100 loan for 28 days, will usually pay back the lender around £129 and so on, up to a rough cost of £387 for a loan of £300.
For further details about our scale of repayments please go to the Charges section of the website.
When will I need to repay the payday cash loans?
Payday cash loans
are available for a period of around 28 days usually, as the repayment is due on your next payday or on the date agreed with the lender.
It is possible to postpone the repayment date of cash to payday loans
but the amount to be repaid will increase as a consequence.
We do not recommend rolling over loans as you will continue to accrue interest on the amount owed. They're not designed to be longer-term loans.
When will the payday cash clear in my account?
Cash to payday loans
will generally clear into a bank account within a few hours, but can take up to 48 hours in some circumstances, depending on the lender.
To maximise your chances of receiving the payday cash
on the same day, applying before 3pm is advised.
How do I apply for pay loans?
Simply go the apply page of our website and complete the simple online application form before clicking submit. We’ll send you an email informing you of the status of your application and letting you know which lender can supply your loan if approved. In some cases, you may need to supply more information, such as proof of salary. If accepted, you will be asked to agree to the lender's terms and conditions. If you do this, the lender will transfer your cash payday loan into your bank account. If you need further help with this process, you can contact our support team during office hours.
Do I qualify for cash loans?
The general criteria for successful applications are that they are at least 18, resident in the UK and have a permanent job, which pays over £750 per month.
You will also need a UK bank account for us to pay the loan in to. You will also need a debit card to enable your repayments to the lender.
How do I repay?
When you apply, you will be asked to supply payment details, so that your repayment can be made automatically on the due date. It's designed to be simple and convenient, so you just need to make sure you have the cash in your account.
What is continuous payment authority?
Some lenders use CPA (continuous payment authority) to retrieve repayment. This means that you authorise the lender to withdraw the funds from your bank account. They can also make multiple attempts to withdraw the money if it is not available. If you want to cancel your CPA, you can do this by contacting the lender or by contacting your bank and requesting a cancellation.
Can I apply for payday cash if I’m unemployed?
Payday loans are designed to meet the needs of people who can repay on their next payday, not the unemployed.
While it is possible to be accepted in some cases, we do not recommend applying, as it could be a very expensive way to gain credit if you are unable to repay it.
What information do I need to supply when applying for cash loans?
Have the following to hand when using our easy to use Apply page
• Your name and address
• Your date of birth
• Your contact telephone numbers and email
• Your work and pay details
• Your bank account and debit card details
You may need to provide some proof of income, but the lender will inform you of this if so.
Do you contact my work place?
Lenders may use your details in order to confirm your identity and employment situation. If that becomes necessary you can be assured that the caller will not discuss your loan with any other person other than you.