Need an emergency cash loan?
DailyPayday is one of the best UK payday loan brokers. We specialise in finding the best daily rates from our panel of UK payday loan lenders.
Got a cash crisis and need some wonga? Maybe it’s quick cash for car repairs or lolly in double time for a a new boiler? Whatever your daily needs, we've got the emergency cash to see you through a tight spot. Our payday advances are speedy, stress-free, and usually paid out the same day.
Our payday loans can help you get through a cash crunch without incurring late fees on credit cards), bounced cheques or even unauthorised overdrafts. They're especially handy when you can’t resort to secured loans or even logbook loans – because you don’t have to be homeowner or own a new car!
We comb through the biggest range of approved lenders in the UK – so we maximise your chances of getting a loan you want. Are you worried that payday loans can have an adverse effect on your credit rating? As long as the loan is paid back on time it will not damage your credit history.
As a registered broker, we can offer all sorts of loans, including any of these that you might have searched for:
- Short term loans UK - There are numerous short term lending options in the UK, ranging from quick payday loans to longer term instalment loans. We comply with the Office of Fair Trading as well as the newly formed Financial Conduct Authority. Read up more on our blog post .
- Cheap payday loans – Perhaps you’re searching for loans with a really low interest rate? You could spend hours manually comparing APR rates searching for the best cheap loan. Our system compares deals on a daily basis and you only have to apply once! Leave the intricate APR stuff to us, just beware that payday loans are not suitable for longer term debt issues.
- Payday loans today – Need cash in an emergency? No problem - we know how hard it is to get money after hours. Our customers can get same day funding. Many of the direct payday lenders on our panel transfer the funds into the customer's account before midnight. So, you needn't worry about time consuming bank visits!
- 1 hour payday loans – Perhaps same day is not quick enough? We have lenders that will disburse payment within an hour of your application being approved. The one drawback is that some lenders charge an additional fee to transfer the money in one hour. That said, it’s good to know that you can get money deposited directly to your bank account even at night! Our application form is quick and our lenders will give you an instant decision on whether you’re approved for a loan. Some lenders may contact you by phone or email to approve the loan. Be a savvy consumer - check out our blog post which debunks the 'quick payday loan' myth
- Cash advance loans – A cash advance loan is just another term for a payday loan. These are usually unsecured loans where the borrower pays back the principle loan and interest, so they’re not to be confused with secured loans, logbook loans or guarantor loans. As the
loan is unsecured, lenders may choose to perform credit and affordability checks.
- top 10 payday loans – With the myriad of brokers and direct lenders out there, its not easy to find a decent deal. Our payday loan comparison makes the search for quick payday loans a breeze.
We are a broker so we do not collect money directly from customers. If you are having problems making a payment please contact the lender that you signed your loan agreement with so that you can discuss your payment options.
If you default on your loan without getting in touch with lender, they will endeavour to contact you first by phone, email or SMS
Lenders usually reserve the right to utilise the Continuous Payment Authority to continue to attempt to take payment from your card up to 90 days past your due date. This is only done if it is in line with the terms of your agreement. Please check your own Terms and Conditions on your signed loan agreement for details.
Non-repayment of payday loan
Payday lenders do understand that people's circumstances sometimes change. If this is the case, you should let either ourselves or your lender know as soon as possible so that we can help you in the best possible way.
Important things to remember:
Don't borrow money if you know you will struggle to pay it back
Don't ignore the situation, contact your lender as your first port of call and they will help as much as possible
Please be aware that if do not repay your loan at the agreed date between yourself and your lender, this will result in your lender reporting your case to the Credit Reference Agencies; which may have a negative effect on your credit score. This may negatively impact your ability to obtain credit in the future for services such as car finance, mobile phone contracts or satellite TV subscriptions.
If you default, you may be charged a collection fee (which varies from one lender to another), plus interest on the balance outstanding at the interest rate payable under the agreement. You must pay your lender any reasonable expenses and costs that may be incurred in taking steps to enforce (for example, via County Court Judgements), or attempt to enforce, the lenders rights against you under your agreement.
Payday loan renewal
Subject to your agreement with your lender and your circumstances, you may be eligible to renew your loan. Usually, lenders will only allow you to renew your loan a maximum of three consecutive times, please refer to your the Terms and Conditions of your agreement for details. The renewal process works by paying the interest only. If agreed, you lender will then extend your loan, plus interest, to your following payday. This ensures that the balance of your loan does not increases unlike some short-term loan providers.
Lenders will only renew your loan once they have express authority from yourself to do so and subject to their own criteria.
We search over 40+ UK Money Lenders to find you the best short term loan for you.
Get cash in your account in minutes with our secure application process!
DailyPayday is a trading name of Netlinq Ltd | Regulated and authorised by the Financial Conduct Authority | Consumer Credit Licence: 0661829 | Data Protection: ZA026558.
Category: Payday loans