Taking out a Payday Loan

In order to take out a payday loan you will need to have an active bank account with a debit card and a regular income.

Providers may also request some or all of the following information:

  • Your last payslip
  • Proof of address - utility bill, phone bill, etc
  • Proof of signature - driving licence, passport, credit card, etc.
  • Bank statements – usually your last two-three
  • Photocopy (both sides) of your debit card

You can also apply for a payday loan online where you will usually be required to fill out an online form and attach copies of your documentation by email, or via fax.

Remember, before applying for a payday loan it is best to search around the market thoroughly in order to compare interest rates and ensure you are receiving the deal most suited for your needs.

Compare Payday Loan Providers
Lender Loan Amount Employment Bank Account Faxing Required Charges Get a Quote
Payday UK
 Up to £750 Yes Yes No £25 for every £100 Go
Payday Bank £80 to £750 Yes Yes No £20 for every £80 Go
£80
to £750		 Yes Yes No various Go
Quids till payday £80
to £750		 Yes Yes No various Go