Payday Loan are a quick and easy way to get cash when needed, especially in an emergency. For example if you need to pay to have your car repaired or have bills that need payment immediately using a payday loan can be an effective way to get the funds you need. These loans are called 'Payday loans' as generally they are short term loans offered to individuals that have a job, but need a rapid loan before their payday arrives. The payday loan is usually expected to be paid back in full when the individual receives their salary, although there is usually a 30 day period to make the repayment.
You can usually get pay day loans between £80 and £1,000, and this can often be in your account within a day. When you apply for a loan, it is usually required that you have a job (you may need to provide a payslip) and a bank account, though terms can vary for each lender. Use the table below to compare payday loans online. Which Way to Pay gives you information on terms, the amount available for individual payday loans, required identification and whether you need a bank account. Click 'Apply' to go through to the relevant broker or lender and make a payday loan application online.