Payday Loan Companies

£100 - £5,000 paid out by 01:11pm

How much would you like?

£

Representative 669.35% APR

Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).
*Subject to application being approved by the lender. Not all lenders are able to provide up to £5000.
*Omacl will not perform a credit check but lenders will determine your loan eligibility by performing a soft search. If you accept the loan offer presented to you, a hard credit search will be performed.

What Can Payday Loan Companies Offer me?

Payday loan companies have a lot to offer for the average person who is in need of money right away, but it’s important that you understand why so many people choose to borrow from them. These companies make it easy to get the money you need without any unnecessary roadblocks or frustrating red tape. There are quite a few private lending companies that can provide you with a payday loan, but you don’t want to choose just any of them. It’s a good idea to learn everything you can about these loans before filling out a single application.

What are Payday Loan Companies?

The companies that give out payday loans are essentially just private lenders, as opposed to banks or other financial institutions. These payday loan companies specialise in this specific borrowing option, and each one operates more or less in the same way. Some of these companies are larger than others, and their reputations can vary. It is important that you take the time to find a highly reputable business to go to for a payday loan so that you can get the money you need without any regrets.

How much would you like?

£
Apply Now

Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable). 

How do I apply with a Payday Loan Company?

These days most payday loan companies operate entirely online, which is extremely convenient for those who wish to apply. When you are ready to apply for a payday loan, you will need to find a lender and go to their website or use a broker such as Omacl. There will be a section of the website that will allow you to fill out and submit your application. Most of these companies make it incredibly easy to apply for this type of loan, and it typically doesn’t take long at all. You should be prepared to submit some personal and financial details, including how much you make from your job as well as your contact details.

What Determines if I’ll get Approved for a Payday Loan?

There are going to be a few different factors that payday loan lenders will take into consideration when deciding whether or not to approve you. The more you learn about these criteria, the better of an ideal you’ll get about what your chances are like.

  • Your income: The amount of money that you make each week or month will be one important factor that is looked at by the lender. If the lender decides that you don’t make enough to be able to pay back your loan on time, you could be rejected.
  • Your employment history: The lender you apply with will also take a close look at your employment history when trying to decide how much of a liability you are. Those who have strong and consistent employment histories are the more likely to get approved for a payday loan.
  • Your credit: While it’s true that the standards for getting approved for a payday loan are a lot lower than other kinds of loans, your credit will still be taken into consideration. Just because you have bad credit doesn’t mean you won’t get approved though.
  • Your age: One of the basic requirements for getting a payday loan is that you must be over the age of 18. You also have to be a legal UK citizen and have an active checking account at a bank.

Why Should I apply with a Payday Loan Company?

There are lots of reasons to think about applying with a payday lender, including the fact that they can help you get you the money you need very quickly. These companies are known for being extremely efficient when it comes to processing applications and dispersing funds to qualifying individuals. If you are in a situation where you need money right away, one of these companies can help.

How Does Omacl Compare?

Why Use Us?
How much can I borrow?
Up to £5,000
No hidden fees
Chance of getting approved?
Good
High approval
What are the repayment terms?
1 - 36 Months
No paperwork.
How do I apply?
Apply Online
2 min Application
Do I need to pay back a lump sum?
No
Easy repayments

The Most Trusted Payday Loan Company

You will find that there are many different direct lender payday loan companies and brokers out there to choose from, but we consider Omacl to be one of the best. We have earned a reputation for helping people who need loans but have had difficulty getting them in the past because of credit problems or other issues. Our loan matching service will endeavor to find a UK lender that will be able to facilitate your loan.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk. Omacl is a broker, not a lender, and does not make credit decisions.