Online Loans UK

WARNING: Late repayment can cause you serious money problems. For help, go to

How much would you like to borrow:

How long would you like it for?
3 months
6 months

Your monthly repayments are:

Total amount to be repaid:
Annual percentage rate:
  % APR

Representative Example: £200 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £359.71 in monthly instalments of £74.65, £71.73, £64.05, £58.76, £49.75 and £40.77. This is based on the amount of credit plus interest, no other fees apply. Representative 1266.9% APR

What do you need to know about online loans?

Thanks to technology today, you can get loans online at any time of the day or night and this means you can get cash whenever you need it urgently. If you need to get a payday loan to use the money the same day, including at the weekend or bank holidays, then applying online is the quickest and most hassle-free way to do this. Online loan applications are also a very discrete and private way to access funds when you need extra money, giving you back control of your finances.

At we lend from £200 to £300 for a single date payday loan, and up to £750 for our multi month instalment loan for returning customers.

Find out more about our unsecured Same Day Loans here...

An exclamation mark inside a triangleHowever, it's important to be aware of the risks when taking out online loans - discussed in more detail further down - so please ensure that you understand the terms and conditions of your loan agreement before you sign them and fully assess your financial situation to be sure that the loan repayment will be affordable to you on the day that it is due.

How do I get a loan online?

When applying for a loan, start by choosing the exact loan amount required and the exact date when you will be able to repay. With payday or short term loans from, you enter this on our website and the online repayment calculator automatically shows you the amount you will need to repay, so you know straight away what the cost of your borrowing will be.

Getting loans online gives you the ease and convenience of instantly comparing the cost of different loan amounts or repayment dates, as well as different types of short term loan: such as the payday loan with one single repayment date, or the multi month loan which allows you to split your repayment over 3 to 6 monthly repayments.

A calculatorClick the links to see our
online payday loan calculator and online instalment loan calculator

Please remember, it is very important to be sure that your loan repayment is affordable to you so that you can confidently apply for a loan without worrying that the repayment may cause you financial difficulty. If the cost of taking out a loan is not affordable to you, you should always explore other possibilities rather taking out online loans.

What happens if I don’t repay?

If you suddenly find you can’t repay on time, explain this to us straight away. Ignoring payments can lead to spiralling costs and may seriously damage your credit file.

Taking out loans online does not mean that you can ignore the repayment and face no consequences.

We will chase you for any unpaid debt and your account may be transferred to a debt collector if it remains unpaid. Online loans, such as those from still appear on your credit file and failing to repay will damage your credit rating and can even lead to a Default on your credit file (which stays there for 6 years), making it harder for you to obtain credit in the future, including things like credit cards, phone contracts and mortgages.

What makes different from other providers of short term loans?

When reviewing your loan agreement online, before signing, make sure you understand all the terms of your loan agreement, including:

A graph pointing upwards from left to rightLate interest — remember loans continue to accrue interest after your agreed repayment date if you don’t repay on time. At, we can agree to freeze the interest on your loan as of your agreed repayment date, if there was a change in your circumstances, provided you contact us to set up an alternative arrangement, however if you leave the loan overdue and late interest accrues, you will have to repay this late interest too.

The FCA regulatory cap for default fees is £15, although at we cap our missed payment fees at £10.

A pair of banknotesLate payment fees — most lenders charge a one-off fee that becomes payable if your loan is not repaid on the agreed date (even if your loan is just one day late, for example). The charge may still apply if you set up an agreed extension with us before your payment becomes due, so please be sure you choose the correct repayment date when applying. You don’t want to be charged for easily avoidable mistakes when you apply for loans online!

A clockEarly repayment charges — A lot of lenders, like us at, will just let you pay the current balance on your loan on any given day to settle it, so that way you benefit from reduced interest if you repay early (find out more here). However, this may not be the same across all lenders, so please check their terms before you apply.

A calendarSubsequent payment dates on a multi month loan — You may check the first repayment date on your multi month loan, but please see that you ensure the following dates selected are also suitable. At, your following repayment dates automatically fall one and two months after your first chosen date.

I agree to the terms and the repayment is affordable: How can I get cash online?

Borrowing money from an online lender involves submitting your loan application via a form on the internet. The application form on our website will ask you to fill in your name, address and other personal details, as well as a breakdown of your monthly income and expenditure to help us assess the affordability of your loan repayments. At our application form is simple and clear, so this should only take a few minutes to fully complete.

As an online lender, we check the information you enter against other records that can also be accessed online, such as information held about you on your credit file or by your bank, and if it doesn’t match properly, then our assessment procedures may not approve your loan.

It is important to make sure you enter all of your information accurately when applying for any online loans. Most online lenders use a degree of automation in their assessment and lenders may reject your application if you make certain mistakes, such as enter your date of birth incorrectly.


How long does it take to get a payday loan online?

When you apply to get a loan online, you may have to go through additional security features to set up your online account with any particular lender. When applying for a loan, we send passcodes to your mobile phone and to your email address. However, since the whole online application process is automated, you do not have to wait for someone to manually send you these codes, and you should be able to proceed through the whole application in a matter of minutes.

The decision on your loan application is also fully automated so there is no waiting time at all for a human being to review your application — you find out the result of your application as soon as it’s completed and if approved, your loan transfer is initiated immediately. That means your online loan can be in your bank account within 15 minutes of approval.

How do I manage my online loan and make my repayments?

Are online loans safe and secure?
At we take data protection very seriously and your information is stored in a system protected by advanced firewalls and anti-virus software. We will not share your information with any third parties for marketing purposes, unless we have your express consent to do so.

Another very useful feature of online loans is that you can manage your account online at any time of day or night and from the comfort of your own home, or from your smartphone even when you’re having a busy day and rushing from place to place. You just need to log in to your online account to see what your current balance is, to check what your agreed repayments are or to make an early repayment or partial payment for example.

You will also register your debit card to your online account so that we can automatically collect your loan repayments when they become due. However, if you prefer, you can also pay via bank transfer. You will receive email and text message reminders 3 days and 1 day before we are due to collect your agreed repayments.

Are online loans regulated?

Yes! The HCSTC industry, which includes payday and short terms loans, is regulated by the Financial Conduct Authority, and regardless of the loans being issued over the internet, lenders’ borrowing practices and treatment of customers must still comply with strict regulatory standards, no different to banks and other financial institutions. At, we are authorised and regulated by the FCA and we are committed to responsible lending. Find out more About Us here.

Anything else I need to know about online loans?

  • When you get a loan from us, you can get smaller loan amounts that you may not find with bank loans, so you can save because you don't have to borrow any more than you need.
  • You don't have to pledge anything as security to take out a loan.
  • You don't need a guarantor.
  • Our terms are transparent and there are no hidden fees.

We carry out a credit check to assess the affordability of your loan, so whilst we know that you may not have an absolutely perfect credit history, we are a responsible lender and only want to lend to people who can afford their repayments. As we are a direct online lender, it is easy to contact us regarding your online application if you have any questions or queries.

An exclamation mark inside a triangleJust remember, when you get a loan online, you enter into a legally binding credit commitment and although the speed and ease of applying can make it tempting to apply for multiple loans, or loans that you don’t really need, it is extremely important to assess the total cost of borrowing and to ensure that the interest you will need to pay on top of your loan is affordable in your circumstances. Only apply for high-cost short term credit if you really need the money now, and do not apply for a loan that you know you cannot afford to repay.

You can find out more about our lending criteria here to check that you are eligible to apply for a loan today.