Payday Loan Direct Lenders

We are highly experienced in the payday lending market so, if you need to borrow money, you’re in safe hands. Our aim is to try and directly help our customers with their short-term cash flow problems for those unexpected expenses such as car or house repairs, credit card late fees or bounced cheques. Get money fast, ahead of your paycheque, wherever you live in the UK.

Payday can sometimes seem too far away and you may find yourself struggling to bridge the gap from one month to the next. Then there’s added stress if you’re facing bad credit issues because traditional providers require a good credit rating and insist upon a credit check for any application.

Here at Payday Loan Direct, we do not use credit reference agencies to score your application. As long as you are 18 or over, have a bank account and live in the UK, then you are likely to be eligible to borrow money. Not only that, we have direct access to a large panel of payday lenders, which increases your chances of finding a suitable lender who will look to take care of your financial needs by providing you with a quick cash solution.

We offer same day loans because we understand that when you need money now and there’s no time to lose. The last thing you want to do is wait in a queue or on the phone.

Borrow a short term payday loan

  • Simple online application – applying for fast money is easy and it takes minutes to fill in the form
  • Quick approval – as soon as you submit your application, you’ll know quickly if you have been approved and also, when you’ll receive your money in your account
  • Secure and confidential – rest assured, your payday loan is paid directly into your bank account
  • Great customer service – if you have a question about your application, our friendly customer service team are available to help

Payday-Loan-Direct are responsible payday lenders

We are a company with a conscience so we want to make sure that you borrow from us responsibly as we don’t want to keep you permanently in debt. Short term loans are exactly that, so they are only for a few days or weeks.

Unlike some unsecured loans companies, we won’t suggest that you make minimum repayments. Please make sure that you only apply if you know you can afford to repay the amount borrowed on your next pay day.

We offer a Short Term Credit Solution

Having a short term credit solution can seem like the best thing to have if you are short of pennies. Whilst we are able to get you to the next pay day  through our online credit service, you should never use this kind of credit to fund again and again.

There are no stipulations on the amount you can apply for. You should however consider other ways of accessing funding for long term borrowing as this kind of finance is highly effective but only for short term requirements.

We hope to make the journey you make to accessing short term credit as smooth as possible. If you need to discuss your lending options further then please do not hesitate to contact our help desk via our contact page and we will endeavor to help you expediently.

 




Representative APR Example
Borrow £200 for 28 days. The total charge for credit is £50. Interest is fixed at a rate of £50 per £200 loan (326% per annum). The Total Repayable is £250 Representative 1734% APR. The calculated APR% will depend on the duration of your loan and presented to you when you apply. Representative 1734% APR - This is an average APR based on a panel of 40 payday lenders. Your final APR will depend on the lender that accepts your application.


Collection practices
We are a broker so we do not collect money directly from customers. If you are having problems making a payment please contact the lender that you signed your agreement with so that you can discuss your payment options. If you default without getting in touch with lender, they will endeavour to contact you first by phone, email or SMS.



Lenders usually reserve the right to utilise the Continuous Payment Authority to continue to attempt to take payment from your card up to 90 days past your due date. This is only done if it is in line with the terms of your agreement. Please check your own Terms and Conditions on your signed agreement for details. Should the payment situation remain unresolved lenders reserve the right to pass your details onto a third party collections agency.



Non-repayment of payday loan
Payday lenders do understand that people's circumstances sometimes change. If this is the case, you should let either ourselves or your lender know as soon as possible so that we can help you in the best possible way.



Important things to remember:
Don't borrow money if you know you will struggle to pay it back
Don't ignore the situation, contact your lender as your first port of call and they will help as much as possible
Please be aware that if do not repay at the agreed date between yourself and your lender, this will result in your lender reporting your case to the Credit Reference Agencies; which may have a negative effect on your credit score. This may negatively impact your ability to obtain credit in the future for services such as car finance, mobile phone contracts or satellite TV subscriptions.

If you default, you may be charged a collection fee (which varies from one lender to another), plus interest on the balance outstanding at the interest rate payable under the agreement. You must pay your lender any reasonable expenses and costs that may be incurred in taking steps to enforce (for example, via County Court Judgements), or attempt to enforce, the lenders rights against you under your agreement.



Payday loan renewal
Subject to your agreement with your lender and your circumstances, you may be eligible to renew your loan. Usually, lenders will only allow you to renew your loan a maximum of three consecutive times, please refer to your the Terms and Conditions of your agreement for details. The renewal process works by paying the interest only. If agreed, you lender will then extend your credit arrangement, plus interest, to your following payday. This ensures that the balance of your outstanding figure does not increases unlike some short-term loan providers. Lenders will only renew your loan once they have express authority from yourself to do so and subject to their own criteria.