Payday UK

Minimum criteria for a loan with Payday UK:

•  Minimum of 18 years of age

•  UK Resident

•  Regular employment

•  Valid bank account and direct debit card

•  Minimum income of £750 net per month


Credit Check? Yes

Maximum Loan Amount: £750 for intial borrowers

Same Day Loan Transfer (CHAPS) Fee: Yes and a same day transfer service both on Saturdays and Sundays

Deadline for Same Day Loan Transfer: 5 pm

Free BACS transfer (3 working days): Available

Repayment by Debit Card ? Yes

Repayment by Direct Debit? No

Rollovers: Allowed

Amount Repayable (per £100)? £125

Typical APR: Representative  APR is 1,737%

Employment Type? Employed only

Other Fees: None


Payday UK are one of the largest lenders in the UK payday market. Initial borrowing can be from £80 to £750. They have a five minute application process and you will have instant confirmation if you have been accepted or not. They do not require any faxing of documents and offer a sameday transfer service 7 days a week, so there is no need to wait until Monday in order to receive the funds of your payday loans. Click below to be taken to their site.


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