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).

Fast Cash from Instant Payday Loans

Payday loans provide alternative lending solutions for UK consumers needing fast cash. Whether you’re facing a financial crisis or simply trying to avoid one, instant payday loans may provide the financial answer you’ve been looking for. The alternative online loans complement other forms of funding, furnishing fast cash for workers struggling to make ends meet between paydays.

When you need help covering monthly outgoings or an unexpected expense impacts your finances, answering a few questions can help you determine whether or not an instant payday loan is the best way to address pressing spending demands.

  • How much money do you need? Instant payday lenders specialise in providing small, short-term loans for urgent financial circumstances. The flexible funding won’t pay for your house, but instant payday loans will provide £50-£2,500 for your most pressing financial needs.
  • When can you repay the loan? Instant payday loans are not long-term prospects; the money must be repaid within weeks or months. If you require multi-year payback, other lending options are available, which may better serve your requirements. However, if you’re prepared for prompt repayment, with a payday pending, an instant cash loan may be the flexible funding solution needed to keep you current.
  • Can you afford repayment? Short-term loans provide quick cash requiring prompt repayment. The flexible finance solution serves workers with steady earnings and room in their budgets for repayment. It’s important to do your maths before making commitments, ensuring your income stream is sufficient to make timely payments.

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). 

Bringing Home an Instant Payday Loan

Instant payday loans are for financial emergencies and other urgent spending demands. When a cash crisis strikes, online lenders understand the need for speed, offering this streamlined borrowing option for UK credit consumers seeking fast cash. The application and approval process for instant loans are designed to provide your money quickly, compared to traditional banks loans and finance from credit unions and building societies.

When you apply for a traditional loan, conventional lenders may require in-person visits, delaying your access to funds. And you can expect to provide substantial documentation, supporting your bank loan application. Instant loan providers take a different approach.

Completing an online application is the first step toward loan approval. Omacl is a loan broker, so a single loan application opens doors to several top UK lenders. The straightforward online application asks for information about your earnings and employment, as well as basics such as your legal name and address. To be considered for an instant online loan you must

  • reside in the UK,
  • have a current account for funding deposits and payments,
  • demonstrate the ability to repay a loan,
  • be at least 18 years of age when you apply.

Benefits of Instant Online Loans

The crowded lending marketplace includes everything from credit cards to home mortgages; it’s important to match the type of financing you select to the task at hand. Do you need a multi-year deal for a house or car purchase? Or a convenient retail credit option, such as a revolving store card? The type of financing you select not only impacts your cost of credit, but it also affects how fast you’ll be able to access funds.

instant payday loans

Instant online loans are among the quickest finance resources available. Benefits include:

  • Easy Online Application – Instant loans provide payday relief, furnishing funds to carry you to your next paycheck. You don’t have time to wait with urgent spending on the line – timely service is essential. An easy online application starts the ball rolling, taking only minutes to complete allowing you to get the money from your loan more quickly.
  • Fast Response and Instant Loan Turnaround Times – When time is tight, brick and mortar lenders may slow you down. Banks, building societies, and credit unions offer diverse credit opportunities, but the loan approval process may require in-person application and other time-consuming mandates. Instant payday loan specialists are able to offer fast notification and pre-approval. Your application receives prompt attention and once you come to terms with a preferred lender, money is transferred directly to your current account, without delay.
  • High Approval Rates – Loan applicants are subject to credit checks – particularly at traditional banks, which rely heavily on credit scores and other report details, when reviewing applicant credit histories. Rather than base approval on historic references, instant lenders instead focus on applicants’ income and earnings, offering short-term loan alternatives for workers with pay pending. Your upcoming payday ensures timely repayment, so instant payday loan providers may be able to fund your need – even when conventional lenders can’t.
  • Flexible Loans and Repayment – Whenever you borrow money, the loan is repaid with interest; borrowing more than you need adds unnecessary expense. Instant payday loans offer flexible loan amounts as well as custom repayment terms that work with your pay schedule.
  • Top Lenders – Omacl is a loan broker, working with top UK instant payday lenders. Your online application gives you access to multiple providers, resulting in matches with lenders prepared to provide fast cash.

How Does Omacl Compare?

Why Use Us?
How much can I borrow?
Up to £5,000
No hidden fees
Chance of getting approved?
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?
Easy repayments

Unrestricted Spending Solutions

Instant payday loans provide flexible spending solutions for diverse monetary demands. The loans are not limited to certain functions or restricted in their use – you decide how to spend the money, applying the proceeds to your most urgent financial concerns.

Instant payday loans address short-term finance when you are in need of money fast, so loan amounts range from £50 – £2,500. Each person has unique finance requirements, but some UK consumers spend instant loan proceeds on:

  • Bills – Whether you’re a few pounds short on this month’s rent payment or your energy bill is unexpectedly high, instant loans can help you stretch your income to cover all your outgoings. Occasionally running short of money isn’t unusual or alarming, but consistently missing the mark may indicate cash flow problems, needing your attention. If your bills outpace your earnings month after month, working out a budget may be all that’s needed to help you control spending and get your finances on track. In the meantime, instant payday loans can keep your bill payments current.
  • Repair and Replacement – Car trouble? Boiler breakdown? Telly going out? It’s hard to predict when you’ll need extra money to repair or replace things you own. Instant payday loans provide the fast funding required when your car, appliances, and other belongings require attention. Use instant loan proceeds to fix household plumbing, buy a new clothes washer, or spend the money having your motor tuned – instant payday loans are unrestricted.
  • Travel and Holiday – Holidaymakers commonly reach for plastic whilst travelling. Card services and purchase protection make sense in some cases, but you may not wish to increase your card balance. When there’s time to save, building a holiday fund may be enough to pay for your trip. If not, instant payday loans can help you float holiday expense until payday.
  • Medical Expense – Your financial picture suddenly changes when you fall ill or a family member needs your help recovering from an illness or injury. Travel expense, medical supplies, missed work, and other related costs add up quickly; an instant cash loan can help you address health care expenses whilst waiting for your paycheck.
  • Education Expense – Whether you’re an adult retraining for a new job role or a parent helping children through university, education expense can put a dent in your budget. Each family faces unique conditions, typically turning to resources such as personal savings and student finance for education funding relief. Alternative short-term finance opportunities, such as instant payday loans also prove useful for university families and adult learners headed back to school.

What About My Credit Score?

Your finance habits follow you through life, reflected in personal files kept by credit reference agencies (CRAs). Experian, TransUnion, and other credit reporting companies keep running tabs on your financial activities, ultimately assigning a credit score. The information is made available to lenders evaluating credit applications when you request financing.

instant payday loans

Each lending institution has distinct standards for loan approval. Conventional banks and building societies rely on in-depth credit reporting supplied by CRAs. Depending upon the formula used to evaluate your application, a history of poor credit outcomes or a low credit score may be enough to block approval for a bank loan.

Online lenders also review applicant credit histories, using a streamlined approval process to furnish quick cash. Because instant payday loans and other short-term products require prompt repayment, online lenders may have greater flexibility approving loans than some traditional institutions do. Even with an imperfect credit past, your employment and earnings history may be enough to secure an instant online loan.

When monthly outgoings leave you light on funds or a surprise expense requires immediate attention, an instant online loan may be enough to carry you until payday. The flexible funding resource grants small short-term loans to qualified good and bad credit applicants. And spending is not restricted – you decide how to spend your instant payday loan.

Omacl on the FCA Register

Omacl is a registered trading name of Chojin Ltd and is authorised and regulated by the Financial Conduct Authority (FCA). You can view our registration status via reference number 732880.

Free Financial Advice

If you are struggling with debt or are unable to make your loan repayments, please visit the websites below. All of them offer free, impartial advice.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.