Payday Lenders FAQs

How do you provide me with a loan?
Payday Lenders will supply your loan request with the all of leading lenders, increasing your chances or receiving a Payday Loan.

How long does it take to get my loan?
We will let you know if you qualify almost immediately. You will receive your loan the same day, however, some banks can take up to 48 hours to accept transfers. Your bank can inform you of how long they take to accept transfers.

What information do I have to provide?
• Your name and address
• Your date of birth
• Your contact telephone numbers and email
• Your work and pay details
• Your bank account and debit card details

I have bad credit. Can I still get a loan?
Yes. Your loan is provided based on your employment, not credit rating.

How much money can I borrow?
The minimum loan amount is £80 and the maximum is £1500.

How much does it cost to get a Payday Loan?
Payday Lenders charges a flat fee of £25 per £100 borrowed.

How do I know if I will qualify for a loan?
Applicants must be aged 18 and over, in permanent employment with a regular wage over £750 per month, a bank account in their name with a debit card.

I just lost my job. Can I still get a loan?
No. Loans are guaranteed by employment and therefore all applicants must be gainfully employed.

Do you contact my place of employment?
You must provide your work contact information. In the event we need to contact you at your place of business we respect your privacy and will never discuss your loan with anyone but you.