Payday loans no credit checks
Do you or you family have an urgent bill to pay?
You don’t have a credit card available or anywhere else to get a short term loan from, a payday loan could be your best option. Many payday loans companies let you do an online application in only minutes and do not require you to fax lots of paperwork.
Some pay day loan companies lend up to £750 depending on your wages and circumstances. Most pay day loans companies deposit the money direct into your bank account in under 48 hours.
Many pay day loans companies have no credit check schemes so even if you have had a lot of bad credit history this doesn’t matter.
The better online payday loan companies have good secure websites where your personal details and banking details are kept secure
Pay Day loans online are increasing in popularity.
Unfortunately the effective APR rate is over 1000% with many of these UK lenders, charging you £25 for every
£100 you borrow, which is very high, and you should only take out a no credit check pay day loan if you really do need the money 
desperately. Some payday loans have no credit check do on you, so your less likely to fail.
You should consider a bad credit credit card if you think you may need a bit of extra money, as they are only around 30 to 40% APR.
If you have financial difficulties always pay your mortgage first and buy food and put money in your electric meter, other bills can often wait.
{ 15 comments… read them below or add one }
I have regularly been able to borrow up to £1000 which is more than the £750 you suggest in your article. The trick is to borrow a smaller amount say £100. You make sure repay it on time and then the payday lender has faith in you. After this you continue to plug away and build their trust and they will slowly start to lend you more money each time. I have now worked my way up to £1000 and hopefully next time they will lend me £1200. Get it. Cheers Dan
They may be called payday loans with no credit check but these lenders still carry out something called a status check. A credit check is when a loan provider contacts a credit reference agency such as experian to find out your credit score. This of course can take some time and is not the fastest way to get a loan, particularly if you have an urgent funding requirement. Payday lenders get around this issue by carrying out a status check instead. They simply check that you are who you say you are, such as your ID and that you are in full time employment. This combined with an online application form means that a payday lender, provided everything is fine can sometimes grant a loan within 24 hours.
Its a well known fact that Payday lenders charge a fixed amount for every £100 borrowed. In a way paying £25 to borrow a hundred is not a disaster as long as you can pay the money back on time. When you are struggling to pay the money back on time is when the problems start to grow.
Payday loans are the bain of the working class. With little money and no where to turn they have been borrowing money from loan sharks for years and i’m sorry but Payday Lenders are no better than loan sharks.
Does anyone know where I can get a payday loan? I am looking to borrow about £500 to last me during the shortfall until my next payday? I don’t want to use one of the dodgy providers and have someone knocking my door down if I don’t repay on time.
Paul_88 If you want to avoid using dodgy lenders while still looking for bad credit payday loans with no credit check, I would recommend only dealing with the big and reputable lenders like Wonga and Quickquid. These are reputable lenders and certainly not loan sharks so you will have no fear of any one coming to your door with a baseball bat in an instance when you did not make a payment on time.
Payday loansget a bad rap but for some people there is very little choice of an alternative. Shunned by prime lenders and not able to borrow from their own friends and family where can you realistically turn?
These lernders may be parasitic but they are a lifeline for people that are in full time employmewnt but are on either low salaries or have got their finances in a mess and have a shortfall in their money before their payday every month.
As long a s you chose one of the larger payday lenders that are well known to the average man on the street as opposed to small lenders that amount to little more than loan sharks then you will not go to far wrong.
Again not to labour the point but what real choice do you have if you have no money and you have no where else to turn?
I want a payday loan with no credit check. Where is the best place to go?
Payday Loans do have A PLace in our society. If you have bad credit and have no where to turn how are you supposed to survive if you have no access to money
Mikey try Wonga or QuickQuid. They are the best known and reputable payday lenders.
Paul
People always harp on about how payday lenders charge 1000% APR on an annualised basis. What people don’t realize is that if you have an unauthorized overdraft on your bank account with one of the high street lenders it is just as easy to apply the same principal and you will probably find that on an annualized basis the cost of an unauthorized overdraft is 4000%.
I think payday lenders get a hard time and for me it is completely unjustified. If you have bad credit then why shouldn’t you take out a payday loan? David
Is it possible to get a list of the best payday providers online. I want a payday loan but don’t want to get ripped off. Regards
Frank
I would do anything to get a payday loan now. I have been turned down by so many lenders I don’t know where to turn. Can you help? Obviously I have a veey bad credit score. I thought it waseasy to get a payday loan ! obviously not
Reading the comments on finance sites and forums there seem to be alot of people in the same predicament as me. Its not as easy to get a payday loan as you may think. Payday lenders are alot more selective than they used to be and believe me it is not a foregone conclusion that you will get approved.
I’m not 100% sure about payday loans. They say that they do not under take credit checks. Surely there must be some credit check involved…..
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