Payday Loans from a UK Direct Lender
We offer Payday Loans from £300 up to £1,500 and deposit the cash into your bank account in the same day (if approved).

Representative example: Borrow £700 for 6 months. 1st monthly repayment of £168.45, 4 monthly repayments of £224.60, last monthly repayment of £112.20. Total repayment £1,179.05. Interest rate p.a. (fixed) 185.39%. Representative APR 611.74% Our APR includes all applicable fees. Daily interest is capped at 0.798%
Warning: Late repayment can cause you serious money problems. For help, please go to www.moneyhelper.org.uk
100% Online
Our application process is completely online from start to finish.
Direct Lender
We are an FCA-authorised Payday Loan Direct Lender (FCA license: 714479) .
Flexible Repayments
Repay your Payday Loan over a 3-6 month period or earlier if you want.
Financial Emergencies Happen.
Get the Cash You Need When They Do.
Our Payday Loans are short-term, unsecured loans that provide you with quick access to cash when you need it to cover urgent, unexpected financial challenges. You can apply even with a bad credit score.

Higher Approval Rates
We fund loans directly, so you can expect higher acceptance rates and higher approval rates than other websites.

No Hidden Costs
The full loan amount, interest, and repayment schedule will be clearly visible to you, with no hidden costs.

Fast Payouts
Your cash is deposited into your bank account in as little as a few minutes and we guarantee same-day funding.
How Much Can I Borrow and Over How Many Months?
You can borrow between £300 and £1,500 at a daily interest rate of 0.507%, which is 185.39% per annum. Repay the loan early to reduce daily interest. Choose a longer loan duration of 3 to 6 months for lower repayments over time. If your loan application is approved, cash will be deposited into your bank account within minutes, with same-day funding guaranteed.
Payday Loan Product Details
Loan Amounts:
£300 – £1,500
Daily Interest Rate:
0.507%
Interest Per Annum:
185.39%
Repayment Terms:
3 – 6 months
Funding Time:
Same-Day
APR:
611.74%
Payday Loans Online
With Your Best Interest at Heart.


We genuinely want to help you with unexpected financial challenges, without putting you under financial stress. That’s why we offer loans with flexible terms of 3 to 6 months to make repayments more manageable instead of requiring the full repayment on your next payday. As a responsible lender we also conduct an affordability check and a creditworthiness check when you apply to ensure the loan is in your best interest.
How to get a Payday Loan Online
Applying for our payday loans online is a straightforward process. Just follow these three simple steps:

Complete Our Online Application
Start by filling out our secure online form. This secure form collects the personal information we need to assess if we can provide you with a loan based on your current financial circumstances. The application is fast and easy, taking less than 5 minutes to complete from start to finish.

Get an Instant Online Decision
After submitting your application, our loan underwriting technology swiftly carries out an affordability check and a creditworthiness check. This process takes a few seconds, providing you with an instant decision on whether your loan application has been approved or not.

Receive the Funds
If your application is approved, we promptly deposit the money into your bank account. This process is very quick, often taking only a few minutes, and we guarantee same-day funding to ensure you have the cash you need quickly.

Am I Eligible
for a Payday Loan?
To be eligible for our loans, you should meet the following criteria:
Must live in the UK
Be at least 18 years old
Have a regular salary
Own a UK Bank account

Our short-term loans are suitable for people with a full-time salary. If your income is mainly from part-time work or social benefits, passing the affordability assessment that confirms you can afford a loan without causing you undue financial distress may be difficult.
Helping Hundreds of New Customers Across the UK Daily
Every day, we approve hundreds of loans for new customers and repeat customers across the UK, loaning them the emergency funds they need to cover different types of unexpected expenses and fix temporary cash-flow problems.
Breakdown of the Cost
of a £700 Short-Term Loan
This table provides a clear example of what it will cost if you borrow £700 for six months. It shows your total repayment, how your repayments will be structured, and the interest rate you will be charged.
No Hidden Fees
There are no hidden fees or charges if miss a payment in your repayment schedule. We strictly follow rules set by the Financial Conduct Authority (FCA).
Interest and fees will never exceed 0.8% per day of the borrowed amount, and you’ll never pay more in fees or interest than 100% of the total loan amount as per FCA regulations.
To learn more about loan costs for various amounts and durations use our loan calculator or check out more loan examples.
Details | Example |
---|---|
Loan Amount | £700 |
Loan Period | 6 Months |
Interest Rate P.A. (fixed) | 185.39% |
1st Monthly Repayment | £168.45 |
4 Monthly Repayments | £224.60 |
Last Monthly Repayment | £112.20 |
Total Repayment | £1,179.05 |
Representative APR | 611.74% |
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Who Is PayDayLoansOnline.co.uk??

Who We Are
PaydayLoansOnline.co.uk is a direct lending website that is part of the Western Circle LTD group of websites, a direct payday lender operating in the UK since 2016.
Our company registration number is 7581337, and our headquarters are located at Office 8, 2A Highfield Avenue, London, NW11 9ET, United Kingdom.
We have directly funded over £19 million pounds in loans and helped over 115,000 customers through paydayloansonline.co.uk so far.

Top 7 Uses of Our Loans
Our customers use our loans for lots of different urgent needs. Below is a breakdown of the top 7 common uses:
- Medical and Recovery Costs: 16.2% of our customers used our loans to pay for health-related expenses.
- Vehicle Repairs and Insurance: 15.7% of our customers used our loans to pay for car repairs and insurance.
- Home Repairs and Insurance: 12.5% of our customers used to pay for urgent home repairs and insurance needs.
- Education Costs: 15.3% are used to pay for tuition and school expenses.
- Taxes and Bills: 14.2% are used to manage unexpected taxes and bills.
- Personal Emergencies: 9.8% of our loans are used to pay for personal crisis situations.
- Other Expenses: 16.3% of our loans are used for other general financial needs.
Based on customer usage, we’ve developed customized loans tailored to make getting a loan for these common financial emergencies even easier.

Top 5 Cities We Fund
We offer nationwide loans to people all across the UK. Our top 5 funding locations are:
- London: We’ve directly funded over £10 million in emergency funds to the UK’s capital.
- Manchester: £9.5 million in no collateral loans to residents in the Northern Hub.
- Birmingham: £8 million of financial relief loans to customers in the heart of England.
- Liverpool: £6.5 million in paycheck advances to customers in the Merseyside Port.
- Glasgow: £6 million of quick cash to customers in the Scottish Metropolis.
Our goal is to help people all across the UK overcome urgent financial challenges, regardless of the town or village they are living in.

Our Loan Products
If you are looking for a specific type of online loan, we have a number of different loan products underwritten to meet your needs
Our Payday Loans are perfect when you need quick cash with easy-to-understand terms. If you prefer a longer repayment period, consider our Installment Loans. Plus, our No Guarantor Loans eliminate the need for a co-signer, streamlining your borrowing process.
When you only need a small amount of cash quickly, check out our Cash Loans. For urgent situations, our Instant Loans can provide immediate financial relief. And if you only need to borrow very small amounts of money, our Small Loans are a great choice.
Your Trusted FCA
Authorised Direct Lender
As an FCA-Authorised direct lender regulated by the Financial Conduct Authority (FCA) , we prioritize your financial well-being and aim to provide the best possible service. This means we comply with the strict regulations of the Financial Conduct Authority (FCA) to ensure fair and ethical lending practices.
When you choose us, you have peace of mind knowing you are dealing with a reputable direct lender dedicated to your financial well-being.
FCA Authorisation and
Regulation Details
Since 13/05/2016 we have been fully authorised and regulated by the Financial Conduct Authority (FCA). Our FCA full permission license is 714479.
ICO Registration Details
We are also registered with the Information Commissioner’s Office (ICO), registration number Z3305234.
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Customised Loans for
Emergency Circumstances

Car Repairs
If your car breaks down or needs urgent repairs, our loans can provide the cash you need quickly to get you back on the road.

Medical Bills
When unexpected medical expenses happen, our loans can help you cover these costs of different types of medical bills and emergencies.

Emergency Cash
For any unforeseen emergency that requires immediate cash, our loans offer a fast way to get the cash you need to handle the situation.

Tuition Fees
Education is crucial, and if you’re short on funds for tuition fees, our loans can assist in bridging that gap, helping you stay on track for graduation.

Home Repairs
Homes require upkeep. Our loans can provide funds to address these essential home repairs, helping to keep your living space safe and comfortable.

Unexpected Bills
High or unexpected bills, like electricity, heating, or other utilities, can be a burden. Our loans can offer relief by providing the funds to settle these bills without delay.
Why Choose Us?
When you’re in search of a short-term personal loan online, you looking for simplicity, convenience, and a direct lender who truly understands your situation. That’s where we excel.
Effortless Borrowing
We’ve made borrowing money from us really easy and smooth. Our online application is quick and simple to use. In fact, 92% of our customers surveyed said our online loan application process was really easy to understand and complete.
Customized Emergency Loans
We looked at the most common emergencies our customers use our loans for and created customized loan products, making it easier to apply for loans for specific types of financial emergencies.
Experienced UK Customer Service
Our UK customer service team is here to assist you every step of the way. If you have questions or face difficulties during your loan term, you can call our friendly customer support team for help.


Is a Payday Loan Right for You?
Payday loans are easy to get and provide fast access to funds when you face a financial emergency, but they come with very high interest rates and APRs.
These loans can help address short-term financial needs, but they are not a suitable solution for tackling long-term financial difficulties.
Before you commit to getting a payday loan, make sure it makes financial sense based on your current personal financial circumstance.
To understand if a payday loan is the right choice for you, consider comparing them to other personal loan products on the market. Read alternatives to payday loans if you wish to evaluate alternatives.
Get Help With Budgeting and Managing Debt
If you’re facing loan repayment difficulties, contact our team immediately for assistance. We’ve years of experience helping people in financial distress and are committed to doing everything within our power to help.
Also, consider seeking guidance from UK debt management specialists like MoneyHelper. MoneyHelper is a government resource that offers debt advice and tools.
For further support, consider contacting charities like Citizens Advice or StepChange. The National Debt Line also provides free consultations to help anyone facing debt or money issues.

UK Company Excellent Award
We are proud recipients of the FamilyMoney Award for Excellence in Business in 2023, which acknowledges our commitment to exceptional customer service and leadership as an FCA-authorized company in the UK.

Your Payday Loan Questions.
Answered.
A payday loan is a short-term loan for a small amount of money lent to borrowers on the agreement that the loan will be repaid on the borrower’s next payday or an agreed-upon period of time of 3-6 months.
During the application process, we complete a soft search, also known as a soft credit check on you. This type of credit check leaves no permanent mark on your credit file. If you accept a loan offer, under the rules set by the FCA (Financial Conduct Authority), we are required by law to complete a full credit check before we release the funds. However, you will already have met the minimum credit requirements before this full credit check is completed.
Our loan technology can automatically confirm your income, so most of the time, you won’t need to provide payslips during the application process. However, if we’re unable to confirm your income with our technology, you may be asked to upload your payslips while applying.
If you’re finding it tough to repay your loan, don’t worry – we’re here to help. Just reach out to us and explain what’s going on. It’s important not to ignore the situation or avoid talking to us. If you don’t let us know and your account falls behind, you’ll keep getting charged daily interest, and this could increase what you owe. Also, not paying on time might affect your credit score, making it harder for you to borrow money in the future. Remember, we’re a responsible direct lender and we always treat our customers fairly. We’ll do our best to work with you and find a way to help, based on your specific situation. You can call us on 020 3757 1933 or email support@paydayloansonline.co.uk now.
You should always check if a UK lender is approved by the Financial Conduct Authority (FCA) before you take out a loan. You can do this by searching Financial service register database at https://register.fca.org.uk/s/
In the UK, payday lenders and brokers are regulated to ensure consumer protection. They cannot charge more than 0.8% per day in interest, and they cannot demand repayment exceeding double the original borrowed amount. For example, if you borrowed £100 and had trouble repaying it, with a 0.8% daily interest rate, it would take approximately 87 days for the total amount owed to reach £200, which is the maximum repayment limit set by the Financial Conduct Authority (FCA) for lenders.
Yes, we are a 100% online internet based direct lender in the UK and not a high street lender.
Need a Loan Fast?
No Hidden Costs or Fees
No Paperwork
High Approval Rates
Bad Credit – Welcome
No Obligation to Accept
FCA Authorized Direct Lender