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Payday Advances to keep you ahead of the game

What are Payday Advances?

Payday Advances are quick, easy loans which are borrowed against your next payday. If you need some quick cash before you next get paid, you can apply for a payday advance to help you stretch out your finances. Then, after you've been paid, you can repay the loan and interest in one simple payment.

In order to apply for payday advances, you just need to enter some personal details. These are things like contact phone numbers, work details, email address, bank details...nothing complicated, and it can normally be completed in a couple of minutes. After you've submitted this, you'll get a fast decision. If you're accepted, you'll be sent the terms and conditions. You'll be under no obligation until you accept these. Once that's done, you'll be sent the cash. If you want it in one hour, this is often available, although sometimes involves an extra charge. Otherwise, it usually takes up to 24 or 48 hours.

Being eligible for payday advances is something we try to keep simple. If you are

  • at least 18 years old
  • Employed
  • A UK resident and
  • With a UK bank account,
then you're eligible to apply for payday advances of up to £1200!

Find out more about how to get payday advances in our FAQs page

Payday Advances and Payday Loans

If you are in need of some quick cash then the solution could be a payday advance.

Payday advances are a fast and effective way of borrowing money for your short term needs. Whether it's some emergency home repairs, an unexpected car breakdown, a bill that needs to be cleared or simply unexpected expenses before payday - payday advances could tide you over until your next wage comes in

Payday Advances eligibility

Applying for such a short-term loan is quick and simple. You need to be 18 years old and have a job that pays regularly so that you can pay back your loan on payday. You can borrow between £80 and £1200, and the money will be in your bank within 24 hours in most cases – they don't call it a fast loan for nothing!

Find out more about how to get a payday advance with a fast payday loan on our FAQs page

For every £100 you borrow you will usually be charged around £25, so it's important to make sure that you only ask to borrow what you need, and what you can definitely pay back come payday.

Applying for a loan is fast and simple

Payday Advances and privacy

We believe your finances should be private and your own business. This is why your reasons for needing the payday loan are not important – all that is important is that you need it. Your loan will not be discussed with anyone but yourself and those involved in the lending process.

It’s important to make sure that your online data is kept secure, and this means being comfortable with the terms, conditions and privacy policy of the company you deal with. Whether they’re a lender or broker, you should make sure that you are able to contact them easily before applying for payday advances with them. You can read our privacy policy here.

Payday Advances offer simple, convenient short term borrowing options. Find out more about the cost of Payday Advances



Read more about Same Day Loans or Payday Loans

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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.