The idea of same day payday loans is to provide relatively small amounts of money over a short period of time.
Same Day Loans are designed to help people out when they fall short of money before payday. Same Day payday loans are useful when an unexpected payment arises or an important purchase is required before you next get paid.
As with any kind of loan service, it's important to borrow what you can afford. Using a free personal budget tool can really help
Same day payday loans can also saving you building up expensive
Are Same Day Payday Loans a good idea for my situation?
The payday loan is usually for people who need a little extra cash before payday. So if you have a payment, charge or bill that you can't afford a payday loan could be an effective option to help you out.
Many people exceed their overdraft because they miscalculate a direct debit or a bill is more than expected, these charges and fees can mount up. Payday loans can be a cheaper option compared to receiving these fees and charges.
Although a loan can be a good idea it is vital that you are capable of paying back the money on the agreed date or you may end up in further financial difficulty.
Find out more about how same day loan customers use their loans
Can anyone apply for same day loans?
Anyone who meets the following criteria can apply for a payday loan:
- Be 18 years or older
- You must be in a permanent job
- You must be able to provide bank details for an account under your name
Find out more about the information you need to supply for a same day loan
What's the maximum same day loan amount?
The maximum amount of money that you can apply for is £1000. Between £100 and £1000 is the usual scale of lending and the amount available to you can depend on your specific situation.
How long does it take for a decision to be made?
Applying for one of our same day payday loans couldn't be easier and once approved you can borrow up to £1000 at the click of a mouse.
When will I be able to access the same day loan?
Once the loan has been agreed the lender will transfer the money into your bank account. This can take less than one hour and you can usually expect the money the same day but this depends on the time you submit the application.
For further information on the same day loan process take a look at our How It Works page
How much will my same day loan cost me?
A same day payday loan repayment plan is clear and simple, unlike hidden fees and interest rates you are likely to receive from a bank loan. You can expect to repay £25 for every £100 borrowed. This can depend on your personal situation but is the standard charge.
Find out more about the cost of a same day loan on our Charges page
When you need money in a hurry
Same Day Payday Loans specialises in finding same day loans for people throughout the UK
