Payday loans are expensive and should only be used for short term borrowing. Make sure you understand the costs before you apply.

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

Debt problems? Get free confidential advice from StepChange Debt Charity on 0800 138 1111.

Your loan may be automatically extended if you don't repay it in full, this may impact your credit score and cost you extra in fees and interest. Failure to pay could mean you face collection action. If you already have a payday loan don't take out another as cheaper options are available; our guides explain.

QuickQuid Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||
---|---|---|---|---|---|

1,999% | £100 to £1,000 | 3 months | £129.50 over 31 days | ||

Use code MONEY30 to save 30% on your initial interest rate. No hidden fees. | |||||

Representative Example: The Representative APR is 1,999% so if you borrow £200 over 31 days at a rate of 347% p.a. (fixed) you will repay £259. | |||||

Purple Payday Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

2,023% | £100 to £1,000 | 45 days | £125 over 31 days | ||

This is a payday loan broker, they will search other payday loan companies to find you a loan. If you want the money the same day you may need to pay a faster payment fee. | |||||

Representative Example: The Representative APR is 2,023% so if you borrow £200 over 31 days at a rate of 682.78% (fixed) you will repay £257.99. Includes £3 transmission fee. | |||||

Pounds to Pocket Short Term Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

278% | £200 to £2,000 | 12 months | - | ||

Representative Example: The Representative APR is 278% so if you borrow £500 over 12 months at a rate of 140% p.a. (fixed) you will repay £79.09 per month and £949.01 in total. | |||||

Peachy Loans Short Term Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

1,058% | £50 to £500 | 5 months | £133 over 28 days | ||

If you want this loan you'll need to pay a £5 faster payment fee. | |||||

Representative Example: The Representative APR is 1,058% so if you borrow £200 over 60 days at a rate of 365% p.a. (fixed) you will repay £299.08 in total. | |||||

QuickQuid FlexCredit | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

1,392% | £100 to £1,000 | 10 months | £123.49 over 30 days | ||

Use code MONEY30 to save 30% off initial loan fees. | |||||

Representative Example: The Representative APR is 1,392% so if you borrow £1,200 over 10 months at a rate of 300% p.a. (fixed) you will repay £2,831.34. | |||||

CashCowNow Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

1,737% | £100 to £1,000 | 31 days | £125 over 31 days | ||

This is a payday loan broker, they will search other payday loan companies to find you a loan.
If you want the money the same day you may need to pay a faster payment fee. | |||||

Representative Example: The Representative APR is 1,737% so if you borrow £100 over 31 days at a rate of 296% p.a. (fixed) you will repay £125. | |||||

Payday Pig Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

1,737% | £100 to £1,000 | 31 days | £125 over 31 days | ||

This is a payday loan broker, they will search other payday loan companies to find you a loan. If you want the money the same day you may need to pay a faster payment fee. | |||||

Representative Example: The Representative APR is 1737% so if you borrow £100 over 31 days at a rate of 296% p.a. (fixed) you will repay £125 in total. | |||||

UK Payday Today Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

2,327.87% | £100 to £1,000 | 28 days | £129.95 over 28 days | ||

This is a payday loan broker, they will search other payday loan companies to find you a loan. If you want the money the same day you may need to pay a faster payment fee. | |||||

Representative Example: The Representative APR is 2,327.87% so if you borrow £275 over 28 days at a rate of 359.4% p.a. (fixed) you will repay a total of £357.36. | |||||

Cash Lady Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

2,670% | £80 to £300 | 6 months | £129 over 28 days | ||

This is a payday loan broker, they will search other payday loan companies to find you a loan.
If you want the money the same day you may need to pay a faster payment fee. | |||||

Representative Example: The representative APR is 2,670% so if you borrow £200 for 28 days at a rate of 378% p.a. (fixed) you will repay £258 in total. | |||||

Tide u Over Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

1,734% | £100 to £500 | 39 days | £135 over 30 days | ||

Representative Example: The Representative APR is 1,734% so if you borrow £200 over 28 days at a rate of 326% p.a. (fixed) you will repay £261 in total. | |||||

MYJAR Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

3,943% | £100 to £100 | 18 days | £120 over 18 days | ||

Representative Example: The Representative APR is 3,943% so if you borrow £100 over 18 days at a rate of 406% p.a. (variable) you will repay £120 in total. | |||||

PiggyBank Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

1,355% | £50 to £500 | 42 days | £131.60 over 28 days | ||

If you want this loan you'll need to pay a total of £8.45 in fees. | |||||

Representative Example: The Representative APR is 1355% so if you borrow £250 for 30 days at a rate of 300% p.a (fixed)you will repay a total of £320.95. The total charge for credit is £69.45 and includes an administration fee of £8.45 | |||||

Wageme.com Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

3,963.75% | £50 to £750 | 30 days | £139 over 30 days | ||

Representative Example: The Representative APR is 3,963.75% so if you borrow £275 over 30 days at a rate of 348% p.a. (fixed) you will repay £354.75. | |||||

KwikPayday Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

2,670% | £80 to £750 | 28 days | £129 over 28 days | ||

This is a payday loan broker, they will search other payday loan companies to find you a loan.
If you want the money the same day you may need to pay a faster payment fee. | |||||

Representative Example :The Representative APR is 2,670% so if you borrow £200 over 28 days at a rate of 378% p.a. (fixed) you will repay £258 in total. | |||||

Kwik Cash Short Term Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

2,670% | £80 to £1,000 | 6 months | £129 over 28 days | ||

This is a payday loan broker, they will search other payday loan companies to find you a loan.
If you want the money the same day you may need to pay a faster payment fee. | |||||

Representative Example: The Representative APR is 2,670% so if you borrow £200 over 28 days at a rate of 378% p.a (fixed) you will repay £258 in total. | |||||

QuickQuid Payday Loan (3 Pay Period) | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

1,999% | £100 to £1,000 | 3 months | £188.50 over 90 days | ||

Use code MONEY30 to save 30% on your initial interest rate. | |||||

Representative Example: The Representative APR is 1,999% so if you borrow £100 over 90 days at a rate of 347% p.a. (fixed) you will repay £188.50. | |||||

QuickQuid Payday Loan (1 Pay Period) | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

1,999% | £100 to £1,000 | 30 days | £129.50 over 31 days | ||

Use code MONEY30 to save 30% on your initial interest rate. | |||||

Representative Example: The Representative APR is 1,999% so if you borrow £100 over 31 days at a rate of 347% p.a. (fixed) you will repay £129.50. | |||||

QuickQuid Payday Loan (2 Pay Period) | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

1,999% | £100 to £1,000 | 2 months | £159 over 60 days | ||

Use code MONEY30 to save 30% on your initial interest rate. | |||||

Representative Example: The Representative APR is 1,999% so if you borrow £100 over 60 days at a rate of 347% p.a. (fixed) you will repay £159. | |||||

Bluesea Payday Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

1,974% | £50 to £1,000 | 6 months | £125 over 30 days | ||

This is a payday loan broker, they will search other payday loan companies to find you a loan. | |||||

Representative Example: The Representative APR is 1974% so if you borrow £50 over 30 days at a rate of 359% p.a (fixed) you will repay £64.75 in total. | |||||

Cash Float Payday Loan | |||||

Representative APR | Loan Amount | Maximum Term | Repayment for £100 | ||

2,786% | £100 to £500 | 35 days | £130.51 | ||

To receive your loan on the same day, there is a £5.00 faster payment fee. | |||||

Representative Example: The Representative APR is 2,786% so if you borrow £300 over 30 days at a rate of 365% p.a. (variable) you will repay £395.51. Includes £5.00 transmission fee. |

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We provide an independent comparison service free of charge but we may receive a commission from some of the companies we refer you to. These are indicated with purple buttons.

Borrowing money when you have a poor credit history can be difficult, especially if you are looking for a loan in a hurry.

However, there are a number of bad credit payday loans now available in the UK which could lend you money at short notice even if you have a bad credit record.

Here's how to compare instant loans for bad credit to ensure you're getting the cheapest deal on your borrowing possible.

## Consider alternatives

Instant loans for bad credit may appear to be a convenient way to borrow money but they are also very expensive and unlikely to be a long term solution if you're struggling to manage your finances.

Even if you have a bad credit record there may be other alternatives which could be better for your finances. Read our guide How to Borrow Money With Bad Credit to run through your different financial options.

## Decide what you need to borrow

Before you begin your search for a bad credit payday loan you need to decide exactly how much you need to borrow and how long you need to repay the money.

Due to the high cost of bad credit payday loans try and limit the amount you need to borrow to as little as possible.

It also makes sense to choose a loan period that will enable you to repay your debt in full within the shortest time frame to keep your costs down.

## Compare prices

Once you've decided how much you need to borrow and how long you will need to pay your loan back you will need to look for the cheapest payday loan possible.

The main factor that determines the cost of any payday loan, including a loan for bad credit applicants is the interest rate.

All loan lenders display a representative APR which is an example of the interest your might pay over the course of 12 months.

However, as you are looking to borrow over a much shorter time scale you can also compare prices based on what you would have to repay if you borrowed £100.

Although you should avoid extending any payday loan beyond you original term, you may also want to check the extension fee, which is charged should you be unable to repay your loan on time. This is something you should avoid doing if at all possible as it's likely to cost you a significant amount.