Student Payday Loans

£50 - £2,500 paid out by 05:50am

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.

Are Student Payday Loans a Good Borrowing Option?

A lot of young people are applying for student payday loans when they need to borrow money for whatever reason. It’s no secret that most college students don’t have a lot of money, and sometimes expenses come up that need to be paid right away. If you are in situation where you need to borrow a substantial amount of money and cannot wait very long, this is a viable borrowing option to at least consider.

What Makes Student Payday Loans Unique?

The main thing about student payday loans that makes them stand out is that they typically come with a lower interest rate, making them more affordable. If you don’t have very much money and need to save every penny you can, one of these loans could help you out a lot. The interest rate that you pay with a loan like this will depend on the lender you go to, which is why it’s so important that you take enough time to explore your options before deciding on one in particular.

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.

How do Student Payday Loans Work?

There is a certain process that students have to go through to get a payday loan, and it is fairly simple and straightforward. You must go through the following steps:

  • Apply: Anyone who wants to get a student payday loan will first need to fill out and submit an application. The lender will ask for some detailed information on the application, including exactly how much you make with each pay check as well as your address and other things. You will have to make sure that the information you submit with your application is totally accurate.
  • Get Your Response: It shouldn’t take very long for you to get a response once you apply for one of these loans. Most people hear back from the lender within a few hours of submitting their application, unless they do it on a weekend. You should try to submit an application on a Monday or Tuesday to get the fastest possible response.
  • Getting your Funds: If you are approved for a student payday loan, the lender will give you your money via electronic transfer into your checking account. You will most likely get your money within 24 hours of being approved. You will, however, have to sign an electronic contract agreement with all of the terms and conditions of the loan before you can get your money.

When is it a Good Idea to Apply for a Payday Loan?

There are a number of situations in which it is appropriate to apply for a student payday loan, including if you have an emergency expense of some kind that you need to get paid right away. These loans are designed to help people who are in tight financial spots and need help immediately. Whether there is a serious problem with your car or you just need to catch up on rent, these loans offer a quick and definitive solution.

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

Student Payday Loan Requirements

You should know about some of the minimum requirements for getting student payday loans. While it’s true that these loans are usually very easy for most people to get, there are still minimum requirements that you will have to meet before you can even be considered for approval.

  • Be over the age of 18.
  • Legal citizen of the UK.
  • Current student at a college or university.
  • Active checking account at a bank or credit union.
  • Those who meet these criteria will be able to apply for a student loan and be considered for approval.

Helping Students get the Funds They Need

At Omacl, we have helped lots of college and university students to get the money they need right away with no questions asked. We understand how financially straining being a student can be, which is why we offer particularly good deals for them. If you are in need of money fast for whatever reason, we highly encourage you to fill out an application on our website right away. This is a very quick process that won’t take long, and you will be glad you took the time to go through it.

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.