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Representative APR 8%

Representative example: £500 borrowed for 90 days. Total amount repayable is £672.60. Interest charged is £172.60, interest rate 140.0% (variable).

Compare Payday Loans UK

NowLoan is a free to use website that allows users to compare payday loans offered by our extensive panel of FCA approved lenders. We understand that payday loans have some of the shortest repayment periods and high APRs; therefore, getting the one with the most favorable terms is crucial.

What Is a Payday Loan?

Payday loans are unsecured short-term cash advances that can help you cover immediate financial needs before you get your next payday. Payday loans can come in handy for people looking for easily accessible cash to pay for rent arrears, car repairs, utility payments, or cover food or medical bill.

Some Common Features of a Payday Loan

· Lenders offer payday loans in small amounts

· Typically, payday loans are supposed to be paid in single lump-sum payment during the next payday or when an income is received from other sources

· Payday loans are often deposited to your account immediately after approval.

· Because payday loans have short repayment periods, they have a steep APR.

· Payday loans are easily accessible even if you have a not-so-good credit score

How Do Payday Loans Work?

At NowLoan, we have a simple and secure payday loan application process. Once you fill the loan application form, we will compare payday loans offered by different qualified lenders and get you the cheapest loan offer from a lender who is most likely to say yes to your loan request.

Once your loan request has been accepted, the lender will deposit the funds directly to your account. While the period of approval may vary from lender to lender, you can have your cash in as little as 15 minutes.

How Compare Payday Loans?

When comparing payday loans it is essential to look at some of the following factors before accepting a loan offer:

· The loan repayment period

· The APR offered

· The minimum and maximum loan amounts available

· How flexible are the repayment time and amount

· Can you apply with a bad credit

Will I Be Accepted If I Apply Through Nowloan?

Using our highly intuitive software, we will help you find the most favorable lender from our 40+ panel of lenders, who is most likely to approve your loan. The lender who has provisionally accepted your application will decide whether or not to approve your request depending on your affordability. However, through our service, we have high approval rates and have helped other users compare payday loans and get loan offers that are often quickly approved.

How Much Payday Loan Can I Borrow?

The amount that you can borrow mainly varies from lender to lender and may stretch from £100 up to £1,000.

We Can Help You Get the Best Online Deals

If you’re looking for the most affordable Payday loan, we will help match your request with our active FCA approved lenders and find the cheapest lender that is most likely to say yes to your loan application.

Fill our easy-to-fill online form today and get the most affordable loan offers from direct lenders that are most likely to approve your loan request. We are online loan brokers and will not charge you a dime for using our service.