Payday loans no credit checks online

If you have an urgent bill to pay, and 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 flat:

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.
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.

{ 2 comments… read them below or add one }

Ricky Quinn April 28, 2011 at 9:05 am

I need to borrow about £1500 to urgently payback some unexpected bills. I have read your article and it seems to be the same as other articles in that anything above £750 seems to be very difficult to borrow indeed. Any ideas where I can borrow more than £750, I would need the money by next week. Any ideas would be greatly appreciated(i’m desperate). Thankyou Rick

Dicky D August 15, 2011 at 9:39 am

I reckon its really difficult to get a payday lender to loan above 750/1000 quid. The fee that they charge for arranging this (they don’t do percentages – its a fixed amount) would be huge. Imean I see that they charge 30 quid for every 100 borrowed so if you borrowed say 1000 you would have to pay back 1300. Now tht is madness.