Same day payday loans

Many people don’t want to have to go to friends or family in order to borrow money, and if you have no access to savings or a credit card then you could find yourself in a difficult situation. However, the availability of payday loans means that you can still get the money you need for a short period until you get paid, so you won’t need to panic.

How much can I borrow with a payday loan?

The amounts that you can borrow on a payday loan are quite modest, and the most that you will usually be able to borrow on this type of loan is up to £1000. However, the exact amount that you will be able to borrow will depend on a number of factors, such as your income and employment status. The lending levels on payday loans can vary from one lender to another.

I have bad credit – will I still be able to get a payday loan?

One of the good things about payday loans is that there are no credit checks involved, and this means that even those with bad credit can qualify for a payday loan providing they meet the lenders own eligibility criteria.

What is the criteria for taking out a payday loan?

This can vary from one lender to another, but in general you will need to be employed and prove that you have a bank account for repayment of the loan.

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