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Providing Payday Loans to the UK

If you need a payday loan, and are worried that you have poor credit -- do not worry. Submit your application today because it is free of charge and your credit may not be as bad as you think it is.

What is a Payday Loan?

They are a loan that one takes out when they are low on funds and expect to be able to repay it when they get their next pay cheque, hence the term "payday loan". They have also been called short term loans, personal loans and no credit check loans.

Personal loans are small package loans that are borrowed for short term and personal usage. It is usually used for situations that need immediate financial solution such as tuition fee payment, medical emergencies, home renovations, avail electronics and gadgets, vacations, wedding, other domestic expenses, and payment of other debt such as credit card debt. The loans are not secure and do not require any collateral; however, approval of loan from Loans Now is more difficult since the application process is more stringent.

Banks and other lenders would require documents that would prove the capability of borrower to pay back the debt such as credit ratings, income and the person’s credit history. Approval usually takes around one to two weeks. Interest rates vary from 6% to 36%, where people with better credit rating usually get a lower interest rate.

It is relatively higher compared to loans that require assets as collateral such as car loan and house loan. Loan caps, however, vary from bank to bank. Payment terms also depend on what is offered by banks, where loans can be paid for 6, 12, 24 months or longer. Shorter payment periods may mean larger monthly payment dues, but the interest rate usually goes lower.

Since the loan is not secured, no assets may be taken from the borrower upon failure to pay the owed money from the bank. Banks and lending companies report negligent borrowers to credit bureaus, thus affecting the borrowers’ credit rating and narrowing their chances of having other loans approved in the future.

We provide payday loans. If you would like more information on our company, check out our about us page.

• Short Term Loans
• Personal Loans
• Guaranteed Lending
• Bad Credit OK
• Must be Employed
• £100 to £5000
• Same Day Processing
We're hiring! If you have experience in the payday loan industry and are able to meet the following requirements, please contact us at
  • Live in the UK.
  • Able to work consistent hours.
  • Experience in the payday loan industry.
  • Strong language and typing skills.
Welcome to PaydayLoanTimes
We are a new payday loan company in the UK. We provide loans between £100 and £5000.
Contact Us
If you have any questions, please contact us at +44 070 5248 9256 or
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Roger A. Murray
51 Exning Road
BB10 9DF
+44 070 5248 9256
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