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.

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.

sunny.co.uk Short Term Credit Account | |||||

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

1,971% APR (variable) | £100 to £1,000 | 5 months | £127.06 over 28 days | ||

No transfer fees. No late payment fees. | |||||

Representative example: The Representative APR is 1,971% APR 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 APR | Loan Amount | Maximum Term | Repayment for £100 | ||

1,999% APR | £100 to £1,000 | 3 months | varies | ||

Use code MONEYQ10 to save 10% on your initial interest rate. No hidden fees. | |||||

Representative Example: The Representative APR is 1,999% APR 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 APR | Loan Amount | Maximum Term | Repayment for £100 | ||

5,853% APR | £1 to £400 | 30 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% APR 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. | |||||

Satsuma Loans Short Term Loan | |||||

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

793.8% APR | £100 to £300 | 26 weeks | £140.01 over 13 weeks | ||

Satsuma Loans are a Short Term Loan Provider. 97% of our customers would use us again. | |||||

Representative Example: The Representative APR is 793.8% APR so if you borrow £260 over 26 weeks at a rate of 136.1% p.a. (fixed) you will repay £16.80 per week and £436.80 in total. | |||||

Lending Stream Loan | |||||

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

1,960.5% APR | £50 to £800 | 6 months | £125 over 30 days | ||

Representative Example: The Representative APR is 1960.5% APR so if you borrow £200 over 6 months at a rate of 314.7% p.a. (fixed) you will repay £400. | |||||

Purple Payday Payday Loan | |||||

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

3,257.5 APR | £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 3,257.5 APR so if you borrow £320 over 28 days at a rate of 446.3% (fixed) you will repay £419. Includes £3 transmission fee. | |||||

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

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

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

Representative Example: The Representative APR is 278% APR 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% APR | £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% APR 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% APR (variable) | £100 to £1,000 | 10 months | varies | ||

Use code MONEYQ10 to save 10% off initial loan fees. | |||||

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

MrLender.com Short Term Loan | |||||

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

2,216% APR | £80 to £1,000 | 6 months | £130 over 42 days | ||

Representative Example: The Representative APR is 2216% APR (fixed) so if you borrow £500 over 5months at a rate of 30% (fixed). You will repay in total £950. This includes a registration fee of £7 | |||||

MyMate Loan | |||||

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

1,362% APR | £150 to £1,000 | 6 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 1362% APR so if you borrow £400 over 4 months at a rate of 292% p.a. (variable) you will repay £168.75 per month and £675 in total. Arrangement fee: £5.50, other fees may be applied. | |||||

PiggyBank Payday Loan | |||||

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

1,355% APR | £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% APR 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 | |||||

CashCowNow Payday Loan | |||||

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

1,737% APR | £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% APR 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% APR | £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% APR 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% APR | £100 to £1,000 | 18 months | £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% APR 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. | |||||

Wizzcash Short Term Loan | |||||

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

993% APR | £200 to £300 | 3 months | - | ||

Wizzcash also offers 12 month loans. | |||||

Representative Example: The Representative APR is 993% APR 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. | |||||

Cash Lady Payday Loan | |||||

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

2,670% APR | £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% APR 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% APR | £100 to £500 | 39 days | £135 over 30 days | ||

Representative Example: The Representative APR is 1,734% APR 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% APR | £100 to £100 | 18 days | £120 over 18 days | ||

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

Next Credit Payday Loan | |||||

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

1,556% APR | £100 to £400 | 28 days | £124 over 28 days | ||

Representative Example : The Representative APR is 1556% APR so if you borrow £100 over 28 days at rate of 313% p.a. (fixed) you will repay £6 per week and £124 in total. The total charge for credit is £24. |

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.

If you need to borrow money quickly applying for an instant cash loan could mean you get the money you need within the hour. However, many instant cash loans are very expensive so you need to look for the best deals to keep your costs down.

Needing to borrow money quickly can limit your options, especially if you need money within a few hours, but there are several lenders that offer loans for bad credit instant decision options in the UK.

Here's how to compare quick loans online so that your get the deal for your finances and keep the cost of your borrowing under control.

## Consider the alternatives to instant loans for bad credit

Before you apply for an instant payday loan it makes sense to consider the other financial options available to you.

Although applying for a quick online loan seems a convenient way to borrow money at short notice, it is also very expensive so should only be used as a financial last resort.

The cheapest way to borrow money quickly isn't usually with an instant loan; it can often be with a credit card, especially if you can find a deal with 0% interest on balance transfers or 0% money transfers for a number of months.

If your credit rating means credit cards aren't an option, look into an authorised bank account overdraft, borrowing from a friend, a guarantor loan or a Credit Union or Budget Loan.

Take a look at our guide: The Cheapest Way to Borrow Money Fast. This will give you a list of alternatives to bad credit instant loans when you need to borrow at short notice.

## Decide how much you need to borrow

Knowing exactly how much you need to borrow and for how long before you start comparing instant pay day loans will enable to look for a loan best suited to your borrowing needs.

Calculate the minimum you need to borrow to meet your financial needs until pay day and avoid increasing the amount you apply for simply because it is on offer.

## Compare the costs involved

Although you need to borrow money at short notice, you should still take the time to compare instant payday loan prices so your short term loan doesn't become a long term headache.

Look at the interest rates and fees applied by each payday lender and go for the option that costs you the least overall, whether that's with a broker, or direct with no brokers involved.

All of the payday loan providers listed in our instant payday loans UK comparison table offer instant decision loans and transfer the money into your account quickly, to speed up the process many are no credit check payday loans meaning you get a decision within minutes.

You can compare quick loans for bad credit online side by side, find the cheapest option, apply direct and get access to the money you need fast.