Bad Credit Payday Loans

£50 - £2,500 paid out by 09:39am

How much would you like?

£

Representative 305.9% APR

Representative Example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable). Representative 305.9% APR. We are a broker not a lender. We don't charge fees. We don't sell your personal information.

The Facts About Bad Credit Payday Loans

It is important that you know the facts about bad credit payday loans before you go ahead and apply for one. These loans can be quite beneficial for just about anyone with cash flow problems, but you will need to educate yourself so you can get the best possible outcome. If you are in need of quick cash for any reason, these loans have a lot to offer. Thousands of people in the UK benefit from payday loans every day, and you most likely can too.

The Basics

A payday loan is essentially just a short-term loan that you can pay back with the next pay check you receive from your employer. These loans typically last about two weeks until full balance must be paid. If you fail to pay back the loan on time, you will be facing some hefty late fees. Most people who get these loans have no trouble paying them back, simply because they are so short-term. These loans are also called “cash advances”, and they are most often taken out by those who have emergency expenses they need to pay for.

How much would you like?

£
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Representative Example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable). Representative 305.9% APR. We are a broker not a lender. We don't charge fees. We don't sell your personal information.

Can I use a Payday Loan for Anything?

One of the great things about paying day loans is that there are no questions asked with regards to how you plan on spending the money. A lot of banks that give out loans tend to ask their borrowers what they need the money for, but that isn’t the case here. This means that you won’t have to worry about being denied because of the reason you are seeking the loan.

Will My Bad Credit Prevent me from Getting Approved?

Bad credit payday loans are perfect for those who have been rejected when applying to borrow money in the past because they have a low credit score. If you need money for something important but you’re afraid your credit will prevent you from getting it, you’ll find that payday loans are the right choice. Most lenders that give out these loans don’t focus much on each person’s credit. There is a good chance that the lender you will with will run a credit check on you, but it’s mostly just done as a formality. It is very possible to get a payday loan even if you have a spotty credit history.

How Does Omacl Compare?

Why Use Us?
How much can I borrow?
Up to £2,500
No hidden fees
Chance of getting approved?
95%
High approval
Is my credit record affected?
No
No credit footprint
How long do transfers take?
15 Minutes
Instant Cash*
Do I need to pay back a lump sum?
No
Easy repayments

What is the Process of getting a Payday Loan?

People love payday loans for a lot of different reasons, including the fact that the process of getting one is so simple and easy. Pretty much everything can be done online, so you won’t have to physically go anywhere to fill out paperwork or collect your money.

The following steps are required for getting a payday loan :-

  • Apply: The very first step in this process is to fill out an application online. This shouldn’t take more than 10-15 minutes. You will be required to submit some personal/financial details that the lender will use to decide how big of a liability you are. It is important that you answer all of the questions on the application honestly with complete accuracy.
  • Wait to Hear Back: Once you have submitted your online payday loan application, all that’s left to do is just wait to hear back. You should be notified as to whether or not your application has been proved within several hours. The lender will most likely contact you via phone or email.
  • Get Your Money: If you are approved for the loan, the lender will transfer the money into your checking account before the day is out.

We Help People with Bad Credit

Omacl has helped countless people with bad credit to get payday loans, as we will do everything in our power to get your application approved. A lot of people with bad credit are hesitant to even apply for a fast loan, but we can guarantee you that doing so won’t hurt your credit in any way. You have everything to gain from applying with us and absolutely nothing to lose. Our team of experienced and knowledgeable lending professionals can answer any questions or concerns you might have concerning the process of getting one of these loans.