Payday loan lenders...compared side by side.

Almost everyone one time or another has been in the situation of needing some extra cash before payday. No amount of financial planning can cover all of life's unexpected events, and thus from time to time we all experience small cash flow crisis. You might wish that payday came a little earlier in these situations. By seeking a payday loan company, you can get your paycheck when you need it the most to help you deal with these emergency expenses. A payday advance is perfect for covering those small but somewhat urgent expenses, such as medical, car repairs etc. A paycheck loan allows you the funds you require to last until payday comes around.

Acquiring payday loans online from our list of direct payday lenders is a quick and hassle free process. Listed below are payday lenders, not brokers and so they can grant you the best deal for your circumstances. Simply compare all of the details using our easy to read table and select the most ideal from the payday loan companies.

Upon chooseing one of the payday loan lenders you will be required to fill in a short online form. The forms usually only ask for basic information such as contact, employment and bank account details. When you are approved by a payday lender they will contact you to complete the process. Then you can expect your funds by the following day or even as early as the same day.

COMPANY NAMEAPR REPRESENTATIVELOAN AMOUNTNEEDED TO REPAY ON £100CONDITIONSID REQUIREDAPPLY
1909.1%£80-£750£12525% charge with 30 day repaymentBank and debit card details
Payday UK offer payday loans for up to 30 days which should be repaid in one single payment on your payday. Payday UK do not charge any administration fees if you decide to take a loan out with them, they do however, charge you £25 per every £100 borrowed. Advantages

Advantages

1. Quick and easy to apply online.
2. Money can be deposit straight into your bank account.
3. They have a good acceptance rate.


Disadvantages

Disadvantages

1. They will charge you the sum of £10 per letter for the second, third, fourth and fifth letter that they send to you in respect of the collection of any outstanding sums on your account

Representative example: £275 borrowed for 28 days. Annual interest rate of 359.40% (fixed). Total amount repayable by one repayment is £357.36. 1909.1% APR Representative.
2477%£1-£500125%Applicants must be 18 (or over) years of age, employed and reside in the United Kingdom.Bank and debit card details
Poundaccess.co.uk provides customers with fast cash sent within the hour. We believe in full transparency of our charges and fees, and customer service always comes first. Advantages

Advantages

1. Instant Decision.
2. No credit checks.
3. Payday broker - so will approach several lenders.


Disadvantages

Disadvantages

1. Not suitable for those with adverse credit history

Representative example: Amount of credit £200 for 28 days. Total amount payable £261.61. Interest £56.61 Interest rate 360% pa (fixed). Representative APR 2477%.
1737%£100-£1000£125Aged 18 or older in employment or self-employment. Payday Loans to be paid back on next pay daySome lenders will not ask for identification but you will need to provide bank account details
Today Loan offer customers throughout the UK an unrivalled chance of being approved a Payday Loan by comparing the Payday Loan market for you - so you do not have to. By working directly with UK Payday Loan Lenders we can have a decision to you instantly and the opportunity to have the money deposited into your bank account the same day you apply. Today Loan make the whole process of applying for a Payday Loan simple. A 2 minute application form - instant search of lenders - quick access to your money. Advantages

Advantages

1. Quick and simple to apply online.
2. Same day access to your money.
3. High acceptance rate.


Disadvantages

Disadvantages

None of particular note.

1355%£80-£750125%Name, current address, 2 contact phone numbers, email address, work and income details, bank account detailsGenerally not required – Payday Bank offer instant online approval
Payday Bank provides access to many payday loans - no credit check needed. Borrow any amount between £80 and £750 payable within 31 days - though it is possible to roll the loan over 2 times - ie 3 months total. A simple debit card transaction is used for repayment. Advantages

Advantages

1. Possible to roll the loan over 2 times - ie 3 months total
Same day deposit.


Disadvantages

Disadvantages

1. High APR.

Representative example: Total Amount of Credit: £160; Representative APR: 1286%; Duration of Agreement: 31 days; Total Charge of Credit: £25; Total Amount Payable: £185;
2689%£1-£400From 105% to 129% dependant on termApplicants for loans will only be approved if they are UK residents and over 18 years of age. Credit score and credit history will be taken into account. None - just bank account and debit card required.
Wonga.com is the unique ‘same day cash’ lender – you only pay the interest for the length of time you borrow from us. Traditional ‘PayDay lenders’ sting you with interest for a full 30 days, no matter how long you actually need the money for. If you pay back early, they still charge you the full amount. With Wonga.com, if you pay back early, YOU PAY BACK LESS. You pay the interest to that day ONLY. We are also the FASTEST lender; if accepted, you'll get the money in your bank account within 15 MINUTES, GUARANTEED. So if you want a loan to suit your needs, rather than the lenders’, come to Wonga.com – little loans. lots of control. Advantages

Advantages

1. Very user-friendly calculator / sliding scale on homepage to view your possible loan, term and interest.
2. Choose your repayment by the day - the shorter the loan the less you pay


Disadvantages

Disadvantages

1. APR is high - though loan is only 31 days maximum.

Representative example: based on total loan of £207 for 20 days. Total amount payable on your next pay day would be £254.42. Interest £41.92. Interest rate 360% per annum fixed. Transmission fee £5.50