We have UK Direct Lenders Providing Payday LoansApply Now
Payday loans are perfect to meet short-term requirements. It is where the lender lends the money to the borrower based on his income and credit profile. The urgent requirement of money is fulfilled with Payday loans.
The borrower should pay back the amount when he receives his next paycheck and the interest amount for this short-term period is charged based on the loan taken.
We have UK direct lenders providing payday loans to meet your immediate financial requirements, that you are supposed to pay and cannot wait till you receive your paycheck. We also offer people with bad credit scores.
Reasons to Use Payday Loans
Let money not be a problem for fulfilling your needs. Look out for benefits before applying.
Immediate Source of Money
No Credit Report Required
Easy to Qualify
Short-Term Loan Period
Frequently Asked Questions
A Payday loan is a short-term loan that is typically availed to meet immediate small-sized financial needs. As the name suggests, the payday loans are loans that should be repaid by the next payday or when the next paycheck comes in. It is an unsecured loan and is also available for bad credit scores. It is mostly preferred for availing small amounts of quick cash for situations that cannot wait until paycheck comes in.
A Payday Loan can be availed quickly from a financier without much hassles or paperwork. The loan should be repaid as a lump sum including the interest rates and the loan amount on the next payday. It is ideal for borrowing small amounts of money for financial emergencies that cannot wait until the next payday. Since they are small sized unsecured loans availed for shorter periods, they are imposed with considerable APR.
At FleetQuid, our lenders provide loans for any amount in between £100 up to £5000, imposing 36% Representative APR (variable). You can choose the amount depending on your requirements. However, it is wise to choose an amount that you may need immediately because the Payday loans come with considerable APR depending on your loan amount & other factors and should be repaid as a lump sum in a short time.
At FleetQuid, our financiers will not impose any restrictions on how you should use your loan money. However, it is better you use it for genuine purposes. You can use the loan amount to repay unpaid utility bills, for repairs & renovations, for medical emergencies, to make purchases, etc.
You will probably be the right person to decide that for yourself. You could explore regarding Payday loans, the pros and cons, or you could talk to one of our representatives who will give you an insight into Personal Loans. You can then choose depending on your preferences and needs.
The best way to keep a good credit score history is to make your payments on time. If you already have a bad credit score, you could use a Payday loan to pay off unpaid bills, etc., to help build the credit score. You should also repay this Payday loan on time to retain the good score.