Same Day Loans & Payday Loans

Payday loans are fast loans that help you stretch your finances over the month. By applying with MyPayday, you could get loans up to £1200^†, transferred to your bank account as soon as today!*

When you need a same day loan or a payday loan, apply through us: Same Day Loans are incredibly easy to apply for. Our online application only takes a few minutes, is automatically processed in most cases and signed online.

Same Day Loans requirements are simple: You need to be employed, UK resident, with a UK bank account, at least 18 and your monthly wage should suffice to repay the loan. For more about payday loans, read more in Frequently Asked Questions and How we protect your Privacy.

Fast Approvals and Cash Transfers:

If approved by our lenders, you're just minutes away from signing your loan agreement online!

MyPayday will then give you a fast hassle free solution: You'll get a decision in minutes!

Same day loan, priority cash transfer (using Faster Payments) ready for you to use in as little as 1 hour*! Your loan can be used for anything you need.

Payday loans are fast loans that are designed to help you with your short term finances. Payday loans can be a convenient, quick way to get money fast.

Borrow Up to £1200^† Today*, No Fuss!

MyPayDay has helped over 100,000 people since 2009.

Apply online now and see how we can help!

Payday Loans - The basics

Same Day Loans are an increasingly popular way of stretching out your finances until you get paid. They're simple, flat fee loans which are designed for a short amount of time (usually 28 days). Same Day Loans & Payday Loans are designed to be repaid once you've received your wage, and there are no charges for applying. In order to be eligible for same day loans, you need to be:

A UK resident
With a UK bank account
Aged at least 18 and
Currently employed.

The application form is kept simple in order to be as convenient as possible. You can fill in an application for same day loans and be approved in a matter of minutes if the lender agrees to your application. And you'll be given all the information about the costs of the loan before you're under any obligations at all.

How to apply

All you need to fill in will be some details about your home (address, contact numbers and length of time you've lived there), work (contact details and salary information) and banking (sort code and account number). Whether you need same day loans to cover emergency bills or any other pressing need, your loan is confidential. Please make sure you apply for an amount you know you can comfortably repay.

Payday Loans - Your privacy is important to us

Details of your payday loan will remain confidential, and will not be discussed with anyone else except you. Your data is kept secure in accordance with our privacy policy and according to the Data Protection Act 1998. Guidance on our obligations for the protection of your data can be found on the Information Commissioner’s website.

We take the security of your data very seriously. You can rest assured that we are a reputable and responsible company which is regulated under the Consumer Credit Act 1974(as amended) - please see the OFT website for further details.

Implications of Non-Payment

We always recommend repaying on time, and our representative examples assume that you will. If you are unable to pay on time, each lender has their own policies with regards to fees and interest, and how they collect outstanding debts. Most will contact you by phone or letter in order to rearrange payment. Non-payment may result in charges and/or raised interest. We suggest contacting your lender as soon as you are aware there is a problem, as otherwise, it may be noted on your credit record.

Renewal Policy

If you wish to renew your loan, you should contact your lender in advance. Most lenders will charge the same rate of interest and fees for another month on the entire amount owed. In the event of non-payment, a loan renewal/extension could be automatic and further interest and/or charges may be added to your account.

Rollovers

You may have the opportunity to roll over your loan, which means paying off the interest earned to date and continuing to gain interest on the original loan amount over an extended term. This interest will most likely be at the same rate that the original loan was charged at. Some lenders may insist on a rollover as opposed to a renewal.

All of the above varies between lenders. More responsible lending information.

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^† The loan amount available may vary depending on the borrowers circumstances, first time borrowers have more chances of being accepted for amounts less than £500.
*This varies from lender to lender, some lenders may take up to 48 hours. With most of our lenders, faster funding is available if your bank supports Faster Payments. Payday Loans are a short term solution to immediate cash requirements. As such, in line with responsible lending practices, payday loans are not to be treated as a long term loan solution.
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