What Are Payday Advances?

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 sometimes available for an extra charge. Otherwise, it usually takes up to 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,

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 overspending before payday - payday advances can 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 – 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 be charged around £25, so it's important to make sure that you only ask to loan 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.

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 affordable short term borrowing options, even for those with low credit ratings. Find out more about the cost of Payday Advances

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