WARNING: LATE REPAYMENT CAN CAUSE YOU SERIOUS MONEY PROBLEMS. RATES FROM 45.3% APR TO 1575% APR FOR HELP, GO TO MONEYADVICESERVICE.ORG.UK

Online loans £50 To £2000

The Best Loans In Then Market

How much?

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.

Why Choose MoneyFall

Quick and Easy Process to the money you need. The most reliable lenders from across all the UK

Loan amount
1,500 - 25,000
Loan term
1 - 5 Years
CUSTOMERSCORES
Excellent
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Loan amount
500 - 25,000
Loan term
1 - 5 Years
CUSTOMERSCORES
Gold Trusted Service - feefo
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Loan amount
500 - 25,000
Loan term
1 - 5 Years
CUSTOMERSCORES
Gold Trusted Service - feefo
Apply Now

Show More ▼

Loan amount
500 - 25,000
Loan term
1 - 5 Years
CUSTOMERSCORES
Gold Trusted Service - feefo
Apply Now

Show More ▼

Representative Example:
305.9% APR. £400 borrowed for 90 days.
Total amount repayable is £561.92 in 3 monthly instalments of £187.31.
Interest charged is £161.92, interest rate 161.9% (variable)

How you can find the best payday loans in the UK

Sometimes, there comes a time in life when you will need to borrow money and secure extra funding in the quickest time possible. When you do find yourself in such a position, you can consider payday loans as a viable solution to obtain immediate funding.

But there are plenty of payday loans in the UK along with numerous reputable lenders that offer them both online and from brick-and-mortar stores so how do you know which one is the best deal for you? Below is a short guide on what to look out for and all the other relevant information that you might want to take hold of to find the best payday loans in the UK.

Features of the best payday loans in the UK

There are features that are universal with every payday loan in the UK but there are also those that can only be found from the top offers. Below are some of the features of the best payday loans in the UK that easily separates them from the rest of the pack:

Instant Payday Loans – The best payday loans are also known as instant payday loans because they can give you the funding that you requested for at the quickest time possible. Overall, you can complete a loan transaction in just a single hour or two, from filling out an online application form to getting an approval response from your lender. After your application becomes approved, you can expect the money to be deposited into your bank account in the same day.

why get the best payday loans

Best payday loans for bad credit – The top payday loans in the market are also designed to cater borrowers who have poor credit histories. As long as you have a stable source of income that is enough the cover the repayments of your loan, getting approved should be quick and easy regardless of your credit rating.

Low interest rate payday loans – The best payday loans in the market come with competitively low interest rates that are more affordable than most offers in the market. With a lower rate, it would be easier for you to pay back the money that you owed.

Lesser fees and charges – The optimum deals in the market are also those that are the cheapest because they provide lesser fees and charges. While lenders will still need to attach some form of fee in your loan agreement as payment for the instant and paperless transaction services, the best of them will offer the least amount.

All purpose short-term payday loans – Normally, the best deals will allow you to access short-term borrowing amounts anywhere from £100 to as much as £1,000 that can be used for any legal purpose whether it means paying off an emergency bill or purchasing groceries.

Its important to note however, that the best payday loans will still have higher interest rates than other forms of loans in the UK such as personal loans and mortgage loans. And this is something that you need to consider when applying for short-term loans for bad credit like payday loan.

What are the best payday loans for you?

So you will know the best payday loans that are ideal to your present needs and circumstances, here are some of the basic questions that you need to ask:

Are you comfortable offering your assets as collateral? There are secured loans that will require you to offer some of your assets as collateral but payday loans are unsecured forms of financing which means there won’t be any need to secure your credit agreement with an asset.

Do you want to secure payday loans online? Lenders that provide the best payday loans will always offer their customers the most convenient borrowing process there is. This means that they have numerous physical stores across the UK that can cater personal applications and queries and online platforms that will give you the option to take out a payday loan and manage your credit remotely through the internet as well.

Do you need instant payday loans? The best payday loans in the UK ensure that you can have the money that you requested for ready for use in the same day you made your personal application. So if your are looking for instant payday loans that will give you same day funding, the top payday loans in the market can give you just that.

Are you looking for the cheapest payday loans? Some of the best payday loans in the market are also among the cheapest payday loans available. This is made possible not only through a competitively low interest but also with the absence of numerous, hefty rates and charges. The lesser the fees, the better it would be for your finances.

Are they the best payday loans for poor credit? If you are searching for the best payday loans for poor credit, then you might want to consider the fact that most payday loans are designed to cater borrowers that have problematic credit histories. However, if you find a payday loan lender that requires applicants to have a good credit rating, then simply move on to the next as there are certainly plenty of lenders who will accept your funding request even if you have the worst credit rating.

The best payday loan lenders in the UK

The best payday loan lenders share a number of similar traits. The most common is that they are credit providers that are FCA licensed and reputable. They have legal permission from the Financial Conduct Authority (FCA) to operate in UK’s lending market and will need to adhere to certain rules and regulations. They also have a solid track record in providing honest services to clients and are also professional in responding to their needs and concerns.

The best payday loans are also offered by companies that provide instant responses for support problems. Their timely replies make it easier for you to obtain the funding that you need in just the right time especially in emergency situations.

And finally, the top payday loan lenders in the UK will provide you with a straightforward contract that is clear and comprehensible. Before you sign the agreement, you will know exactly what the payments are, when they are due, and all the other important information regarding the terms and conditions of your loan.

why get the best payday loans

 

5 most recent personal loan reviews

Review of Bridge Finance

This is my second loan with Bridge Finance and both times they have been very helpful and informative. Explained everything to me and made sure I understood the process and what would happen. I would recommend Bridge to anyone.

Review posted by Charlotte Ashton

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Wesleyan Bank

Wesleyan loans are a financial institute which is excellent for applying for loans. It looks at all your circumstances and provide loans to people who are refused elsewhere. They are fast and honest. I would recommend Wesleyan loans to anybody who needs a loan.

Review posted by Zafrullah Khan, Slough

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Logbook Loans

Really happy with my experience with Logbook. Most of the process was done online from the convenience of my own home. Really friendly customer services too! Highly recommended.

Review posted by Bethany Holcombe, Cirencester

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All reviews are sourced from Trustpilot.com for authenticity.