In order to qualify for a payday loan you must meet the following requirements:

You must be over 18 years of age.
You are a resident of the United Kingdom
You are currently employed and receive a regular pay cheque or salary
You hold an active bank account that your salary is paid into.

As responsible lenders, we will not accept your application if you do not meet our initial criteria. However, if you do qualify and your next paycheck suffices to cover your payday loan amount - your loan should be approved.

What are payday loans and why do people need them?
The Payday Loans industry serves people who are short of cash before payday. It offers you the opportunity to receive a loan, which acts as an advance on your pay, to be able to pay for something at the time you need or want it.

A payday loan is, therefore, a small, short-term loan designed to bridge the gap until your next payday. (If need be, the loan can be extended to a subsequent payday by paying the interest and carrying the balance over for another month.)

Customers choose payday loans because they generally cost less than bounced cheque or overdraft fees, late bill penalties, or fees for missed credit card payments. They are also generally more desirable than having to ask to borrow money from family.

What can a payday loan be used for?
Anything! To go on a week-end away or Stag or Hen night, pay for a new mobile phone, buy something on sale, pay an unexpected bill, clear a credit card, avoid bank charges from going into unarranged overdraft etc.

What is the criteria for a Payday Loan?
1) To be over 18 years old
2) To be a UK resident
3) To be in full time employment
4) To have a debit card for the bank account your wages are paid into.