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.

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

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

1,971% | £100 to £1,000 | 5 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 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. | |||||

Wonga Short Term Cash Loan | |||||

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

5,853% | £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% 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 APR | Loan Amount | Maximum Term | Repayment for £100 | ||

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

Representative Example: The Representative APR is 1960.5% 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 | ||

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. | |||||

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

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

2,216% | £80 to £500 | 6 months | £130 over 42 days | ||

Representative Example: The Representative APR is 2216% (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 | |||||

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. | |||||

Wizzcash Short Term Loan | |||||

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

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

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

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. | |||||

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. |

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 are looking for fast payday loans online you need to be careful that you don't end up paying over the odds for your borrowing.

With interest rates well over 1,000% finding cheap payday loans online can be a difficult task, so taking the time to compare payday online deals is essential for keeping your borrowing costs down.

Here's how to find the best payday loans online direct lenders deals and what you need to check before you apply.

## Do you need a payday loan?

Before applying for online payday loans you should investigate all the financial alternatives available to you, simply due to the very high cost of borrowing using a payday loan, there may be cheaper options available to you.

If you need to borrow money at short notice there are several other financial options which could meet your borrowing needs at a much lower cost. Read our guide: The Cheapest Way to Borrow Money Fast for a list of options.

Equally if you are looking for an online payday loans because you have a poor credit history there are still other alternatives that could cost you less overall. Read our guide: How to Borrow Money With Bad Credit.

## Decide what you need to borrow

Once you've decided that you definitely need an online payday loan the next step is to decide how much you need to borrow and for how long.

As a general rule and due to the high expense of borrowing with a pay day loan you should try and keep your borrowing to a minimum and opt to repay your loan as quickly as you can realistically afford.

This will keep the cost of your loans under control and reduce the cost of your overall borrowing.

## Compare prices

The main factor that will determine which payday loan is the best option for you personally is the cost of your borrowing.

Although there isn't really any such thing as cheap payday loan, interest rates do vary by well over 1,000% from one payday lender to another.

This makes it really worth your while comparing the interest rates charged by the different lenders offering fast payday loans to help you to decide which lender will offer you the best rates.

You should look for the cheapest payday loans online - this is most likely the one that combines the lowest interest rate with the lowest charges - so you pay as little as possible for borrowing this way. Be careful not to be tricked by lenders who offer low interest rates but don't make their other charges clear, you could end up paying far more for your borrowing than expected.

You can use our payday online comparison table to compare the different interest rates quoted by the various payday loan companied to find the best deal for your circumstances.