UK direct lender – Payday Loans Online
Apply online for our payday loans to get the urgent cash you need to cover unexpected expenses and financial emergencies.
Representative example: Borrow £700 for 5 months. 4 monthly repayments of £235.82, last monthly repayment of £235.92. Total repayment of £1,179.10. Interest rate p.a. (fixed) 222.79%. Representative APR 821.04%. Daily interest is capped at 0.798%. Representative APR includes all applicable fees.
Warning: Late repayment can cause you serious money problems. For help, please go to moneyhelper.org.uk. Compare our loans at choosewisely.co.uk.
Looking for Payday Loans Online?
Payday Loans Online offer loans up to £1,500, repayable in 3 to 6 months. As a UK direct lender, we fund your loan ourselves and send it to your account.
All credit considered
All online loan applications are considered, regardless of your credit score or history.
No hidden costs
There are no hidden costs. All fees, repayment amounts, and schedules are clearly shown upfront.
Fast payouts
Payouts are fast, often within minutes. We guarantee to fund your account the same day.
How much can I borrow?
You can borrow between £300 and £1,500 with a daily interest rate starting at 0.507% (185.39% per year).
Choose a loan term of 3 to 6 months to spread out repayments, or pay it off early to save on interest.
If approved, we send the funds to your bank account within minutes. Same-day funding is guaranteed.
Our payday loan rates and terms
Loan amounts:
£300 – £1,500
Daily interest rate:
From 0.507%
Interest per annum:
185.39%
Repayment terms:
3 – 6 months
Funding time:
Same-day
APR:
611.74%
Short-term online loans.
We have your best interest at heart.
Our goal is to help you handle unexpected financial challenges without causing you stress. That’s why we offer payday loans with flexible terms of 3 to 6 months. This makes repayments smaller and more manageable, so you don’t need to pay the full amount by your next payday. As a responsible lender, we complete an affordability check during your application to ensure the loan is in your best interest.
How can you apply online today?
Applying for our payday loans is easy. Just follow these three steps:
1. Complete our application form
Fill out our secure online form. The form collects some personal information we need to determine if you qualify for a loan based on your financial circumstances
2. Get an instant decision
Within seconds, you’ll get an instant decision on whether your payday loan is approved or not..
3. Receive your funds
If approved, the loan is deposited into your bank account. This process is fast, often taking only a few minutes. Same-day funding is guaranteed and ensures you get cash quickly.
Who is eligible to apply?
To qualify for our short-term loans, you need to meet these requirements:
1. You must live in the UK
2. Be at least 18 years old
3. Have a regular salary
4. Own a UK Bank account
Payday loans are suitable for people with a full-time salary. If your income comes from part-time work or Universal Credit, it might be harder to pass the affordability check. This check ensures the loan won’t cause financial stress.
Helping hundreds of new customers across the UK daily
Every day, we approve hundreds of loans for new and repeat customers across the UK. We provide the emergency funds they need to cover unexpected expenses and fix temporary cash-flow problems.
Paying for tuition fees
Sarah from London paid for college tuition fees with a £1300 loan.
Paying for medical bills
Kristy from Liverpool paid for physiotherapy session costs with a £1000 loan.
Paying for home repairs
Stuart from London paid for emergency plumbing repair with a £900 loan.
Paying for vehicle repairs
Patricia from Manchester paid for Vehicle Repairs with a £550 loan.
Paying off multiple debts
Peter from Manchester consolidated his debts with a £,1200 loan.
Paying for an emergency
Emma from Newcastle paid for high electricity bill with a £750 loan.
How much will I repay?
This table shows an example of the cost to borrow £700 for six months. It breaks down your total repayment, repayment schedule, and interest rate.
Interest and fees won’t exceed 0.8% per day, and you’ll never pay more than 100% of the loan amount as per FCA rules.
For more loan cost details, use our payday loan calculator or see more examples.
| Details | Example |
|---|---|
| Loan amount | £700 |
| Loan period | 6 Months |
| Interest rate P.A. (fixed) | 185.39% |
| 6 monthly repayments | £199.85 |
| Total repayment | £1199.00 |
| Representative APR | 611.74% |
Ready to apply online?
Who is Payday Loans Online?
PaydayLoansOnline.co.uk is a direct lending website that is part of the Western Circle LTD group of websites, a direct payday loan lender operating in the UK since 2016.
Our company registration number is 7581337, and our headquarters are located at Office 9, 2A Highfield Avenue, London, NW11 9ET, United Kingdom.
We have funded over £19 million pounds in online payday loans and helped over 115,000 customers through paydayloansonline.co.uk so to-date.
You can learn more about PaydayLoansOnline on our about us page.
Your trusted FCA
authorised direct lender
As an FCA-Authorised direct lender regulated by the Financial Conduct Authority (FCA) , we prioritize your financial well-being and aim to provide the best possible service. This means we comply with the strict regulations of the Financial Conduct Authority (FCA) to ensure fair and ethical lending practices.
When you choose us, you have peace of mind knowing you are dealing with a reputable direct lender dedicated to your financial well-being.
FCA authorisation and
regulation details
Since 13/05/2016 we have been fully authorised and regulated by the Financial Conduct Authority (FCA). Our FCA full permission license is 714479.
ICO registration details
We are also registered with the Information Commissioner’s Office (ICO), registration number Z3305234.
Ready to apply online?
Custom payday loan Options
Cash advances for different types of financial emergencies.
Car repairs
If your car breaks down or needs urgent repairs, our loans can provide the cash you need quickly to get you back on the road.
Medical bills
When unexpected medical expenses happen, our loans can help you cover these costs of different types of medical bills and emergencies.
Emergency cash
For any unforeseen emergency that requires immediate cash, our loans offer a fast way to get the cash you need to handle the situation.
Tuition fees
Education is crucial, and if you’re short on funds for tuition fees, our loans can assist in bridging that gap, helping you stay on track for graduation.
Home repairs
Homes require upkeep. Our loans can provide funds to address these essential home repairs, helping to keep your living space safe and comfortable.
Unexpected bills
High or unexpected bills, like electricity, heating, or other utilities, can be a burden. Our loans can offer relief by providing the funds to settle these bills without delay.
Why choose us?
When you search for a payday loan online, you want simplicity, convenience, and a lender who understands your needs. That’s where we excel.
Effortless borrowing
We make borrowing money simple. Our online application is quick and simple to fill out. 92% of our customers surveyed said our loan application process was easy to understand and complete.
Customized emergency Loans
We studied the most common financial emergencies faced by people in the UK. Based on this research, we created customized loan products. These customized loans make it easier to qualify for funding during those emergencies.
Experienced UK customer service
Our UK customer service team is here to assist you every step of the way. If you have questions or need help, you can call our friendly support team during business hours.
Is a payday loan right for you?
Payday loans are easy to get and provide quick funds during emergencies. However, they come with very high interest rates and APRs
These loans can help address short-term financial needs, but they are not a suitable solution for tackling long-term financial difficulties.
Before committing to this type of loan, ensure it makes sense for your financial situation.
To see if this type of loan is right for you, compare it to other personal loan products. Read alternatives to payday loans if you want to learn more about possible alternatives.
Get help with budgeting and managing debt
If you’re facing difficulty repaying your payday loan, contact our team immediately for assistance. We’ve years of experience helping people in financial distress and are committed to doing everything within our power to help.
Also, consider seeking guidance from UK debt management specialists like MoneyHelper. Money Helper is a government resource that offers debt advice and tools.
For further support, consider contacting charities like Citizens Advice or StepChange. The National Debt Line also provides free consultations to help anyone facing debt or money issues.
Frequently Asked Questions
A payday loan direct lender is a financial provider specializing in offering short-term loans directly from its own resources, without involving intermediaries or third-party lenders.
During the application process, we will complete a credit check on you. A credit check will help us assess whether you can afford a loan or not.
Our lending technology tries to automatically confirm your income, so most of the time, you won’t need to provide pay slips during the application process. However, if we’re unable to confirm your income with our technology, you may be asked to upload your pay slips while applying.
If you’re finding it tough to repay your loan, don’t worry – we’re here to help. Just reach out to us and explain what’s going on. It’s important not to ignore the situation or avoid talking to us. If you don’t let us know and your account falls behind, you’ll keep getting charged daily interest, and this could increase what you owe. Also, not paying on time might affect your credit score, making it harder for you to borrow money in the future. Remember, we’re a responsible direct lender and we always treat our customers fairly. We’ll do our best to work with you and find a way to help, based on your specific situation. You can call us on 020 3757 1933 or email support@paydayloansonline.co.uk now.
You should always check if a UK lender is approved by the Financial Conduct Authority (FCA) before you take out a loan. You can do this by searching Financial service register database at https://register.fca.org.uk/s/
In the UK, payday lenders and brokers are regulated to ensure consumer protection. They cannot charge more than 0.8% per day in interest, and they cannot demand repayment exceeding double the original borrowed amount. For example, if you borrowed £100 and had trouble repaying it, with a 0.8% daily interest rate, it would take approximately 87 days for the total amount owed to reach £200, which is the maximum repayment limit set by the Financial Conduct Authority (FCA) for lenders.
We are a 100% online internet based direct lender in the UK and not a high street lender.
Financial literacy resources
Check out our helpful guides to learn how to manage your money better and to get to know the different kinds of loans we offer.
Our customer service team is ready to help you
Our team is here to help from 9 am to 5:30 pm, Monday to Friday. Contact us with any questions about payday loans or loan support.
You can reach out to us in the following ways during our office hours:
Call us at 020 3757 1933 Between 9 am and 5.30 pm, Monday to Friday.
Email us at
support@paydayloansonline.co.uk between 9 am and 5.30 pm,
Monday to Friday.
Our office is located at
Office 9, 2a Highfield Avenue, London NW11 9ET.
Ready to apply online?
No hidden costs or fees
No paperwork
Flexible repayments
Bad credit considered
No obligation to accept
FCA authorized direct lender