How it Works

In a few simple steps

Getting a Payday Loan from Same Day Payday Loans is simple and fast! Our system provides quick online decisions from our lenders, usually with no need for faxing or posting any documents.

Complete the quick application form.
Agree to the terms and conditions.
Money transferred to your bank today*.

What you need to tell us

To qualify for a loan with one of our lenders you must be 18 or over, live in the UK, have a regular income and a bank account into which your salary is paid.

Answer all the questions on the quick application form and the lender we introduce you to will transfer the money you need right away*.

To apply you will need:
       • Your bank account number and sort code
       • Your national insurance number
       • The dates for your next 2 paydays
       • how often you are paid (weekly, fortnightly, monthly etc)
       • A mobile number, a home (landline) number or a work number
       • Your address and full postcode
       • How long you have lived at your current address
We will rarely need to contact you at home. This information is used to prevent fraud.

For help finding the information above and to find out how we use it see our Applications Guide page.

After submitting the form it takes only a few more minutes before you find out if you’ve been accepted for a same day payday loan by one of our lenders.* Same Day Payday Loans in your account in hours*:

The loan agreement will presented to you online to sign electronically. The cash will then be transferred the same working day*.

The lender transfers cash to you in hours*

The majority of banks will show the funds as clear on the same day, however some banks can take up to 48 hours for the funds to clear.

If this is the first time you’ve applied for a payday loan the amount you are offered may be limited, usually around £200 - £400.

After your first loan is approved you will have the option to borrow more, depending on your needs and circumstances.

Please think carefully before you apply for a loan and make sure you apply for an amount you are confident you can repay comfortably over the period of the loan.

How you repay your loan

Most payday loans are for short periods of time and used to cover bills or any unexpected costs that arise before payday.

The most common period for a loan is less than 28 days – in many cases it may be just a week or two. You will be given the opportunity to agree the repayment date with the lender prior to accepting the loan.

Be aware that interest rates will increase and the longer you take to repay your payday loan the more you will pay back in the long term.

The Representative APR is 1737% (variable).

As an example

For a loan of £160 taken for 28 days
The amount payable would be £200
The interest would be £40
Interest rate 334% p.a. (variable).

If you are having trouble keeping up with payments contact your lender direct or contact a free debt advisory agency, such as Citizens Advice www.citizensadvice.org.uk.

Before agreeing to your loan

Be sure to read the terms and conditions provided by the third party lender that approves your request.

Please note that SameDay Payday Loans is not an underwriter and cannot guarantee that your loan request will be approved by third party lenders.

The service provided by Same Day Payday Loans is highly valued by our customers and many return to our service due to the speed and efficiency that we provide and the competitive rates we offer.

We aim to develop and build on the customer relationships we’ve built over years. If you have any comments on our service or can think of any way in which we can improve our service, or even if you just want to say hello, drop us a line: customercare@samedaypaydayloans.co.uk

* On rare occasions, we may be unable to confirm all details online automatically. If this is the case you may be asked to fax us simple documentation for fast approval

*This varies from lender to lender sometimes it may take up to 48 hours.