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 donít 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.

sunny.co.uk Flexible Credit
Representative APRLoan AmountMaximum TermRepayment for £100
1,971%£100 to £1,0005 months£127.06 over 28 days
Representative example: The Representative APR is 1,971% so if you borrow £350 over 12 months at a rate of 348% p.a. (variable) you will repay 12 monthly payments of £105.65 and £1267.80 in total.
 
QuickQuid Payday Loan
Representative APRLoan AmountMaximum TermRepayment for £100
1,999%£100 to £1,0003 months£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 £200 over 31 days at a rate of 347% p.a. (fixed) you will repay £259.
 
Wonga Short Term Cash Loan
Representative APRLoan AmountMaximum TermRepayment for £100
5,853%£1 to £40030 days£135.04 over 28 days
If you want this loan you'll need to pay a £5.50 faster payment fee.
Representative Example: The Representative APR is 5,853% so if you borrow £150 over 18 days at a rate of 365% p.a. (fixed) you will repay £183.49. Includes £5.50 transmission fee.
 
Lending Stream Loan
Representative APRLoan AmountMaximum TermRepayment for £100
2,006.5%£50 to £8006 months£125 over 30 days
Representative Example: The Representative APR is 2006.5% so if you borrow £200 over 6 months at a rate of 320.2% p.a. (fixed) you will repay £400.
 
PaydayUK Loan
Representative APRLoan AmountMaximum TermRepayment for £100
7,644%£100 to £1,00037 days£129.95 over 30 days
Representative Example: The Representative APR is 7,644% so if you borrow £275 over 28 days at a rate of 359.40% (fixed) you will repay £357.36.
 
Pounds to Pocket Short Term Loan
Representative APRLoan AmountMaximum TermRepayment for £100
278%£200 to £2,00012 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.
 
QuickQuid FlexCredit
Representative APRLoan AmountMaximum TermRepayment for £100
1,362%£100 to £1,00010 months£123.49 over 30 days
Use code MONEY30 to save 30% off initial loan fees.
Representative Example: The Representative APR is 1,362% so if you borrow £1,200 over 10 months at a rate of 300% p.a. (fixed) you will repay £2,831.34.
 
MyMate Loan
Representative APRLoan AmountMaximum TermRepayment for £100
1,451%£150 to £1,0006 months-
If you want this loan you'll need to pay an arrangement fee of £5.50. Other fees may be applied.
Representative Example: The Representative APR is 1451% so if you borrow £200 over 5 months at a rate of 292% p.a. (variable) you will repay £67.37 per month and £336.85 in total.
 
Wizzcash Short Term Loan
Representative APRLoan AmountMaximum TermRepayment for £100
993%£200 to £3003 months-
Representative Example: The Representative APR is 993% so if you borrow £200 over 90 days at a rate of 264% p.a. (fixed) you will repay £97.06 per month and £291.18 in total.
 
Tide u Over Payday Loan
Representative APRLoan AmountMaximum TermRepayment for £100
1,734%£100 to £40039 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.
 
Satsuma Loans Short Term Loan
Representative APRLoan AmountMaximum TermRepayment for £100
793.8%£100 to £3006 months£140.01 over 13 weeks
Representative Example: The Representative APR is 793.8% so if you borrow £260 over 6 months at a rate of 136.1% p.a. (fixed) you will repay £16.80 per week and £436.80 in total.
 
MYJAR Payday Loan
Representative APRLoan AmountMaximum TermRepayment for £100
3,943%£100 to £10018 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.
 
Peachy Loans Short Term Loan
Representative APRLoan AmountMaximum TermRepayment for £100
1,058%£50 to £5005 months£132 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 £100 over 28 days at a rate of 365% p.a. (fixed) you will repay £132 in total.
 
QuickQuid Payday Loan (3 Pay Period)
Representative APRLoan AmountMaximum TermRepayment for £100
1,999%£100 to £1,0003 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 APRLoan AmountMaximum TermRepayment for £100
1,999%£100 to £1,00030 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 APRLoan AmountMaximum TermRepayment for £100
1,999%£100 to £1,0002 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.
 
Credio Loan
Representative APRLoan AmountMaximum TermRepayment for £100
116.94%£100 to £1,0004 months£106.67 over 30 days
If you want this loan you'll need to pay a £5 faster payment fee.
Representative Example: The Representative APR is 116.94% so if you borrow £100 over 60 days at a rate of 80% p.a. (fixed) you will repay £115.61. Transfer fee: £5.
 
Payday Express Express Loan
Representative APRLoan AmountMaximum TermRepayment for £100
3,478%£100 to £50037 days£129 over 28 days
Representative Example: The Representative APR is 3,478% so if you borrow £200 over 28 days at a rate of 378% p.a. (variable) you will repay £258 in total.
 
PiggyBank Payday Loan
Representative APRLoan AmountMaximum TermRepayment for £100
1,355%£50 to £50042 days£130.10 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 £319.45.
 
Shelby Finance Instalment Loan
Representative APRLoan AmountMaximum TermRepayment for £100
1,568.1%£100 to £6006 months£210 over 6 months
If you want the money the same day you'll need to pay a £15 faster payment fee.
Representative Example: The Representative APR is 1568.1% so if you borrow £150 over 6 months at a rate of 330% p.a (fixed)you will repay £52.50 a month and £315 in total. £15 is deducted for a UK Faster Payment Charge before the transfer of your loan.
 

money.co.uk, Dot Zinc Limited, 160 Fleet Street,London. EC4A 2DQ. We are a Credit Broker for all consumer credit products listed on money.co.uk.

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.

How to Find Direct Payday Loan Lenders

Payday loans can be tempting if you have bad credit and need cash urgently. Some are offered via brokers, who will apply on your behalf; we've looked at why you might prefer to apply to lenders directly as well as some alternatives to payday loans.

Blue Keyboard

What are direct payday loans?

Many of the payday loan companies you'll find on the internet aren't actually direct lenders themselves; many are brokers that take your details, search their panel of payday lenders and apply on your behalf, pocketing a share of the commission.

Using a direct lender instead of a broker means you know what company you're dealing with, making it easier to look into their reputation, how they conduct themselves and if they're regulated.

You can also make an informed decision about cost - some brokers will pass your application to the company that pays them most commission, rather than the one that gives you the cheapest deal.

It will also avoid multiple searches on your credit file, which can sometimes happen when you apply through some brokers.

We work with the payday loan brokers within our comparison to ensure that they only pass applications made via money.co.uk to regulated payday lenders who don't charge an upfront fee so that you get some reassurance about the service you're going to get.

Should you get a payday loan even from a direct lender?

Payday loans can come with high interest rates and fees, meaning that your debt can increase if you don't repay it quickly.

Missing repayments can impact your credit rating too, making you look unreliable to lenders you want to use in the future. Just seeing that you've previously taken out a payday loan can put off some lenders, even if you've managed to meet the repayments.

There are some less risky ways to borrow money, even with bad credit. Our guide looks at some alternatives: What is the Best Way to Borrow Money Until Payday?

If you decide that a payday loan is your only option, you'll need to decide how much you want to borrow and when you can pay it back, as the amount and term each lender can offer you will differ, as will the cost.

When you've chosen a lender and your application is complete, they will transfer the cash to your account.

How to find the right direct payday loan

In general, the longer you borrow the money for, the more it will cost you to pay it back.

Check each lender's terms so you know how long you have to repay the loan. You'll want to pay it back as quickly as you can, but make sure you have enough time to get the money together to repay so you avoid rolling the loan over, as this will be very costly.

You'll need to compare the interest rate, total cost and fees charged for each loan too, as you'll pay back less if these are lower.

Payday Loan Comparison