Cheap Payday Loans

£50 - £2,500 paid out by 02:53am

How much would you like?

£

Representative 305.9% APR

Representative Example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable). Representative 305.9% APR. We are a broker not a lender. We don't charge fees. We don't sell your personal information.
*MoneyWorld does not perform a credit check but the lenders we're partnered with will perform what is known as a "soft search" to determine your eligibility. Should you choose to accept the loan terms you're offered, a full credit check will be carried out.

Is it Worth Considering Cheap Payday Loans?

We will often compare prices when we are buying items and financial products are no exception. However, sometimes we can find that when we do buy cheap items they are not as good as we hoped. They may break quickly, not last very long, not taste as good or not give us such a good service. What we should actually be looking for is whether they offer good value for money as we normally want to make sure that we are not just throwing our money away.

Do we Need Value for Money with Cheap Payday Loans?

You may think that when we are looking for financial products such as cheap payday loans that value for money is not important. We may assume that the cost is the most important thing and that we need to find the cheapest possible loan so that our repayment is as small as possible. While there is a lot of truth in that and the cost should be of high importance, there may be other things that you should consider as well when you are looking for a suitable payday loan for you.

  • Repayment schedule
  • Repayment amount and if you can afford it
  • How well-known the lender is
  • What the late repayment fee is
  • How helpful the lender is
  • If the lender seems trustworthy

How much would you like?

£
Apply Now

Representative Example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable). Representative 305.9% APR. We are a broker not a lender. We don't charge fees. We don't sell your personal information.

This may seem like a lot of things to consider, but there may be other things that you want to check out as well, once you start thinking about it. It is really important to make sure that you are fully confident in your choice. This is because if you have problems with the loan, perhaps struggling to make the repayment or having queries about it, you want to be sure that the lender will be available to help you. You also want to be sure that you know how much you are repaying so that you can calculate whether you will be able to make the repayment on time and if not, you might want a loan with a longer term where you make more repayments that are smaller and more manageable.

Finding out all of this information can be quite tricky though. There are many different places that you can go to find out:

  • Lenders website
  • Lenders customer services
  • Payday loan review website
  • Money forum
  • Finance message board
  • Friends and family
  • Loan terms and conditions

This is a lot of places to visit and so you may think that you will just skip this stage of research. It is obviously your choice, but without knowing lots of information about the payday loan and the lender, it is very difficult to decide whether it is the right loan for you. It is worth thinking hard about the decision because if things go wrong, you may really regret not doing this research.

Many people that are getting loans need them quickly and therefore may not feel that there is time to look at all of this. However, it will really not take that long to find out all of the information you need if you are methodical. If you make a note of the information you want and work through the list of places to find it out and note down the information as you find it. The more you do it, the easier it will be to find the information that you need. If you manage to telephone the customer services for a lender, you may find that you will get answers to many of your questions all in one go as you will find that you can ask all about the items in the terms and conditions, you will get a feel for what the company is like because you are communicating with them and you will know how helpful they are. The only thing that you will not be able to find out is their reputation and what other people think of them.

What can MoneyWorld.co.uk offer you?

Why Use Us?
What is the max amount?
Up to £2,500
No hidden charges
What's the approval rate?
95%
High approval
Bad credit accepted?
Yes
All welcome
Are transfers same day?
Yes
24/7/365 Service
Do I pay back in instalments?
Your choice
Easy repayments

You may think that this will be just too much work for you. It is understandable that you may just want to get on with applying for the money that you need and not messing around doing research. If you are worried or panicked about needing the money in a hurry, then you may just think that you have not got the time for this research. However, it can make a really big difference and it could only take a few hours. This is unlikely to make a significant difference with regards to how long it will take until you get the money as payday loans are normally able to be arranged very quickly. Often the money is available to same day or the next day anyway, so hopefully you will have time to look into the loan a bit more before you sign up.