How it Works

Payday loans are small loans, paid into your bank account on the same day you apply. Giving you money and peace of mind, in an emergency.

They can be used to pay for practically anything, from MOT repairs, utility bills to a romantic weekend away. Whatever you need the loan for is up to you.

How do I get a payday loan?

Borrowing from Payday Power is simple and fast!

We can give instant online decisions, without the need to fax us any additional documents in most cases. Money can then be deposited into your account on the same day you apply.

You are just a few minutes away from your payday loan!

All you need to do is:

  • Fill in our simple application form and press “Submit”
  • In less than a minute we will tell you if you have been approved*
  • Once you’ve been approved, then enter your bank account details (so we can pay you) and debit card details (so you can repay us on your payday) and press “Submit”*
  • Your loan agreement will be displayed online for you to sign
  • We will transfer the funds the same working day. Please be aware that some banks do take a further 48 hours for the funds to clear.

* Occasionally we will be unable to confirm all details automatically. Should this be the case we will ask you to fax in simple documentation for us to be able to approve your loan.

Are Payday Loans right for me?

Payday loans are ideal, if you need money fast and can repay on your payday.

Payday loans allow you to:

  • Pay 'Final Demand' or emergency bills
  • Pay for emergency dental treatment
  • Take your partner away for romantic weekends
  • Have extra spending money for your holiday
  • Pay your MOT – just in time!
  • Do anything you wish, its your choice - no questions asked.

How much money can I borrow?

You can borrow from £80-750 depending on your circumstances, although you are more likely to be approved, the less you want to borrow.
To find out how much you can borrow, complete our fast payday loan application form Today!

Our costs : We charge £25 per £100 borrowed

We charge £25 per £100 borrowed – nothing more!
There are no administrative costs to set up the loan.

How do I repay my loan?

Repaying your payday loan could not be easier.

We simply debit the payment from your debit card on your payday for the agreed amount – no fuss and nothing else for you to do.

What if I have a problem repaying? Can I defer repayment?

We understand that some people will need to borrow money for a second month. This is called a deferral. You will have to repay the charges and we suggest you pay as much as possible to reduce further charges.

If you feel you may need to defer your loan, please contact our customer services team on 0871 550 0073 where one of our dedicated advisers will be pleased to help you, or visit the 'Existing Customer Login'.

Payday Loans

What are they?

Payday loans are quick small loans, up to £750. They are paid into your bank account and are repaid on your payday. Payday Power loans are 100% online, so you get an instant decision with no documents to fax. Bad credit is accepted as there is no credit check. Money can be deposited into your account on the same day you apply.

Rules:

You need to be:

  • Over 18 years old
  • Employed full-time
  • Take home more than £750 a month
  • Have a bank with a valid debit card

Our Charges

We charge £25 for every £100 borrowed and nothing more!

Typical APR 1355%

Repay on your payday.

View Our Charges

Get Paid Today!

  • Borrow £80 - £750 Today
  • No Credit Checks
  • Fastest UK Loans Online!
Apply Now