Best Payday Loans from UK Direct Lenders

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Representative 277.5% APR Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed). The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances.

Warning: Late repayment can cause you serious money problems. For help, go to

It is apparent that the best payday loans for another person might not be your best. Due to varying and unique requirements that people have, MoneyFall uses the information you provide to determine a payday loan that fits your needs accurately and faster.

Payday loans avail considerably smaller amounts to people to fund emergencies. They are also meant to be repaid quickly, usually after a month - hence the name. In the UK, most lenders offer payday loans online, which gives you immediate access to the best loans. Online lending has also been propagated by the rapid and unexpected borrowing patterns.

the best payday loans in the UK

Finding the best UK payday loans

Currently, many direct lenders will offer loans that blend with the applicant's unique requirement, which also allows you to access the best payday loans. The popularity of payday loans has attracted many direct lenders who claim to offer the best loans with reasonable rates.

Finding an ideal payday loan that fits your needs can present significant challenges and be time-consuming. We understand that this is the last thing any applicant would want when looking for an emergency loan. For this reason, they have devised a way to help you identify the best loan from reputable lending companies. Interestingly, they will help identify such ideal lenders at no cost.

It can be both challenging and time-consuming finding a trustworthy, reputable payday lender. That's why we've shortlisted some of the best in the UK market for your convenience.


Finding the best payday loans?

When looking for a short term loan, there are some things you need to keep in mind. Here are some simple questions to guide you while searching for payday loans.

What is the overall cost?

One of the essential things you need to consider is the total borrowing costs because short term loans are usually expensive. The Annual Percentage Rate (APR) of payday loans can be confusing; however, lenders should inform you of the projected costs upfront. Make sure to borrow where the overall costs are low with affordable repayments.

Is the lender legit?

The last thing you would want is to borrow from a scammer. When borrowing, ensure you borrow from lenders authorized and regulated by the Financial Conduct Authority (FCA). Checking if the lender you are borrowing from if FCA-registered is quite straightforward and easy.

Is the lender offering a loan that suits you?

Usually, a loan will cost you depending on how long you borrow for. However, it is a good idea to spread repayment to make the instalment manageable. Even though borrowing for longer increases the overall costs, it gives access to better rates. You will always get a lender who can offer the repayment duration you're after.

Does the lender allow you to repay on a date that is suitable for you?

An ideal payday loan allows room to specify the date you would like to repay- usually, a date that aligns with when you receive income. For instance, if you are paid weekly, your suitable loan should allow weekly repayments.

How long does it take to process the loan?

Usually, a short-term loan is easily processed - your application is approved and money credited to your account on the same day. Other loans may even take less than 24 hours.

Does the lender accept bad credit applications?

If you have bad credit, you may want to consider a lender who accepts bad credit applications. Apparently, most short term loan lenders accept applications from individuals with bad credit. If your lender does not allow such applications, move to the next.

Can you save money by repaying earlier?

The best payday lender should allow you to repay earlier, and charge the day you have borrowed only.

Let us find you the very best lender.

When you need a quick loan, but don't know who to turn to it can be a minefield. Unscrupulous lenders have given the payday industry a bad name, which is why we only deal with trusted, vetted lenders keen to help.

We've already done the hard work for you, so you can just apply online to see your options.

What is the best online payday loan?

Identifying the best payday loan can be difficult because most lenders allow online application and usually respond instantly. A perfect way to identify the best online payday loan is looking for a loan that suits your financial needs. An ideal lender will allow you to borrow the much you need at reasonable rates and suitable terms of repayment.

What are the best payday loans for people with bad credit?

Basically, bad credit payday loans refer to loans that are specifically designed for individuals with bad credit scores. Many lenders around the UK avail a range of short term loans to people with bad credit scores. Our loan brokering service allows you to access a vast list of lenders, including guarantor and non-guarantor best loans.

Having a poor credit score doesn't have to put a stop to your lending. We work with specialist lenders who consider all applicants no matter what their previous history is.


I have poor credit. Can I still get a loan?

MoneyFall helps you find direct lenders who are more likely to accept your application. Usually, this happens before applying to minimize the chances of your application being refused. Even with bad credit, we're confident we can connect you with your ideal lender.

Is it possible to get multiple payday loans at the same time?

Even though there are no solid rules denying you from getting two payday loans, it is not advisable to have more than one short-term loan at the same time. Short term loans are meant to fund emergencies. If you want to borrow multiple payday loans, make sure to consult with a specialist about your finances.

find the best payday lenders in the UK today

Applying, processing, and approval speed of UK payday loans

Because payday loans are needed urgently in most circumstances, the application process has become extremely simple and faster. The application process is fast, and processing is almost instant. If the application is successfully approved, the money can be credited to your account in less than a day.

We are committed to helping you find the suitable loan rates and terms by identifying direct lenders who approve you even before applying with them. Besides saving your time, this helps eliminate applications that may not succeed. With transparent lenders, you are assured of getting a loan that suits you best.

Can you repay a loan earlier?

Most lenders will allow you to repay your loan before the agreed date. Making earlier payments may save you costs because lenders tend to reduce the interest if you pay earlier. Other lenders will charge you a fixed amount regardless of the time you pay. Consult with your lender to be certain.

What will happen if you can't repay your loan?

If you feel you won't manage repaying your payday loan timely, inform your lender before the repayment date. Your lender is likely to help you before interest penalties are added by rescheduling repayment date, freezing interests, or refinancing the loan.

UK direct lenders offering the best loans for everyone.

If you don't fancy the idea of applying, then re-applying to every lender you can find online then we don't blame you!

By simply completing our online form you can get an instant decision, and the very best interest rates from UK direct lenders today!

Who are the best direct lenders?

Your best lender is any lender who suits your personal requirements. Our service will use your information to help find the best lenders for you. This helps you compare the best suited lenders for your unique situation. Independent brokers can also help you find an ideal lender by making the comparison for you. They are also familiar with most of the lenders.

Is it possible to find a lender without checking credit?

No. Although lenders and brokers will promise to offer a way to compare payday loans without a checking credit, the truth is that they can't. However, they have created systems that help you skip this detrimental credit check abyss and easily access payday loans.