Payday Loan Direct Lenders.

This question can have various answers depending on your unique circumstances. The best direct lender for one person might not suit another. To go to even a handful of direct lenders manually and compare the deals they offer would be very time-consuming.

That’s why our broker instantly compares your circumstances to the criteria of a range of direct lenders. They then select the direct lender that’s offering you the best deal. Using Payday UK not only saves you time but knowing you’re getting the best deal for you could also save you money.

Looking at payday loans from direct lenders reduces the likelihood that you’ll be accepted or get the best deal. A single direct lender only has its criteria. If you don’t match their requirements, you’ll be rejected. They also only have their products to offer you when there could be a loan better suited to the circumstances.

Payday UK is a loan introducer. Although you’ll still only fill in a single and straightforward application, it will compare your circumstances to the criteria of over fifty lenders. This dramatically improves your chance of being successful. It also means you’re much more likely to find the best deal available for you. You may be more likely to be successful with a broker if you have bad credit.

Your best chance of getting your application approved is to use a broker that compares dozens of direct lenders to bring you the best deal. Our brokers panel of direct lenders features many companies that specialise in certain types of loans, such as small or short term loans and even direct lender payday loans for people with bad credit.

The best lender for you will depend on your unique situation, and the amount and term of the loan you are applying for. However, when you use Payday UK, you know you’re maximising your chance of being approved and getting the best deal for you.

A list of the best payday lenders wouldn’t remain static. Any reputable direct lender that is regulated by the FCA (Financial Conduct Authority) will provide a certain level of service. However, the direct lender payday loans market has become increasingly popular in recent years. This increase in demand has led to far more companies offering short-term payday loans. This is great for consumers, as the various direct lenders compete for your business, which is more likely to lead to exclusive deals and lower APR rates.

This is one of the many reasons why you’re better off using a broker that instantly tracks down the best deal for you, saving you time and money. We do the legwork for you.

No. Payday UK is a loan introducer that provides you with free access to a panel of direct lenders via our brokers technology. We have designed our service to offer payday loans to as many people as possible.

Several direct lenders can help people with bad credit get a payday loan. Which one of these is offering the best deal for your circumstances can change regularly. Our system automatically sees what deal each of them can provide you with, and then shows you the best deal for you.

Applying via Payday UK will not affect your credit rating. When you initially apply, lenders only perform a soft credit check, which leaves no mark on your credit report. If you accept a loan offer from a direct lender, then they are required by the FCA (Financial Conduct Authority) to perform a full credit check before releasing any funds. However, at this stage, you will already know you meet their criteria and have been approved.

If you apply for a loan, are accepted, then make all the repayments on time, it should improve your credit score. Failure to stick to the agreed repayments could harm your credit score. You must contact your direct lender as soon as you realise you might have a problem making a payment. It is much easier, and usually cheaper, to work with a lender to resolve an issue, rather than ignoring them.

A direct lender is a term used for the lender that grants you the loan. Some of these direct lenders specialise in providing payday loans. A direct lender for a payday loan is the same as a direct lender for a traditional loan. The difference is that a lot more people access payday loans through brokers so that they can be guaranteed a higher chance of acceptance and get the best deal. This increased percentage of people that use brokers, is probably the main reason such a distinction is made.

Yes. Direct lenders have worked hard to streamline the process required to get you a payday loan. Payday UK also regularly refine our systems to ensure it’s providing you with the quickest access to the funds you need. This is an essential aspect of payday loans. Most people that apply for a payday loan are in a stressful situation.

Whether it’s because of a family emergency or an unexpected bill, it can be critical they have access to the funds as soon as possible. Most payday loans can be in your bank on the same day.

All reputable ones are. Being registered with the FCA (Financial Conduct Authority) is a legal requirement for all direct lenders. They are required to abide by certain standards of transparency and ethical business practice. Any lender that tells you they don’t need to perform a credit check to approve your loan might not be registered, as the FCA requires all direct lenders to perform a full credit check before releasing funds, so they are either misleading you or not registered. Either way, we would be wary of using them.

Our brokers panel of direct payday lenders are registered with the FCA. Greater things only deal with reputable direct lenders.

We use the latest security and safety measures to ensure your data is secure. Applying using a smartphone or tablet with the manufacturer’s latest software installed also provides an extra layer of security. The most significant risk to most people is if they are accessing the Internet through an unsecured Wi-Fi connection. We always recommend people who are applying on a portable device only do so through a secure Wi-Fi connection, such as at home or using the cellular network.

At Payday UK, we endeavour to provide the best service we can. Using our service provides you with peace of mind. You know the process will be quick, simple, and secure.