Same Day Payday Loans

Have you over stretched your pay this month and need to pay the phone bill, or maybe you urgently need to fix the washing machine which suddenly stopped working yesterday? You have heard of same day payday loans before, but you have never thought of applying for one until now? If this is you, do not worry, at Same day-payday loan we are here to help.

Same Day Payday Loans

Get a same day loan

Like the name suggests, a same day payday loan is a loan which is deposited into your bank account the same day you apply.

You may think that a same day loan is similar to conventional credit provided by a credit union or one of the leading high street banks, who decide to give you the money that you urgently need, based on your credit report. We are pleased to say same day payday loan providers do not work this way.

To apply for a same day payday loan you have to be a British citizen or someone residing legally in Britain, have a fixed address and an up-to-date contact number, be in full or part-time employment with earnings exceeding £500 per month, and have a bank account where funds can be deposited. Payday loans have a 98% approval rating making payday loans the most common form of credit for people with a bad credit history in the UK.

The loan amounts you can apply for depend on your current circumstances. Some payday loan amounts may be capped at £400 if you are a first time borrower, this cap will increase on future payday loan applications if the previous payday loan is paid back in full and on time. We have a cap on payday loans to protect you, we do not want to give you more credit than you can comfortably afford to pay back. If you have applied for a payday loan with us before, you can borrow any sum between £100 and £1250.

Many people think same day payday loans are used by people as a last resort because they have a poor credit history; this is untrue. People from all professions and backgrounds use payday loans to bridge a hole in their finances until their next payday. Because everyone has unforeseen events happen in their life that their income will not cover, for example, a broken-down car, home appliances to replace, or an unexpected bank charge. Today same day payday loans are used to pay for a variety of unexpected costs.

Applying for a same day payday loan, compared to a traditional loan from a bank, is simple and fast, choose the amount you would like to borrow using the sliders and apply, fill in the short application form and submit, we will then send you a decision in seconds. If your application for a same day payday loan has been successful, the money will be in your bank account in 1 hour.

Payday loans can be paid off on your next payday or 31 days after applying. Repaying your same day payday loan could not be easier, simply make sure the necessary funds are in your bank account on the repayment date and we will do the rest. At Same day-paydayloan we know that you may sometimes struggle to repay your payday loan on the agreed date, if this should happen, contact us before the due date to arrange an alternative repayment date, you may be charged a fee for this.

For loans which can also be provided on the same day but give you a longer time frame to pay them back, you can apply for a bridging loan.