Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
*We are an authorised credit broker not a lender


You can borrow from £100 up to £2000 for up to 2 years. Here we have provided just a few loan examples, displaying the amount borrowed and the total amount payable (including interest and fees). The loan examples below are calculated using a 35 day borrowing period.

Loan Amount Interest Your Repayment Amount
£100 £28 £128
£200 £56 £256
£300 £84 £384
£400 £112 £512
£500 £140 £640
£600 £168 £768
£700 £196 £896
£800 £224 £1024
£900 £252 £1152
£1000 £280 £1280
Loan Amount Interest Your Repayment Amount
£1100 £308 £1408
£1200 £336 £1536
£1300 £364 £1664
£1400 £392 £1792
£1500 £420 £1920
£1600 £448 £2048
£1700 £476 £2176
£1800 £504 £2304
£1900 £532 £2432
£2000 £560 £2560

Advantages of a Payday Loan

Quick access to cash advances for salaried employees

Accessible for people with all credit history's

If you pay them back according to the loan agreement then they can help you rebuild your credit history

The application process if very simple and usually quicker than conventional credit applications

If paid back on time, limited liability

As you have an agreed repayment figure and you're not in debt for very much and not for long

Disadvantages of a Payday Loan

High interest rates

Can spiral out of control if used for long term borrowing

Not paying them back can damage your credit rating

Payday Loans can worsen your debt as they increase your monthly outgoings

If you have a good credit history they are a really expensive loan and shouldn't be treated as your first option to obtain credit

When you are applying for a loan, you should understand the overall cost of borrowing money from a short term or payday lender. You should make sure that you can afford to make the repayments for a short term loan and ensure that borrowing money will not put you in a spiral of debt that you can’t control. If you think you need help with your debts, you can contact the Step Change Debt Charity service at www.stepchange.org