Compare Short Term Loans from £100 to £2500 from 2 to 12 months

The APR for loans across our site range from 11.8% to 1493.7%, loan rates are dependent on loan term and personal circumstances. Representative 49.9% APR. Representative Example: Borrowing £1,000 over 12 months, repaying £103.06 per month, total repayable £1,236.72. Interest rate 49.9% (variable).

WARNING:
Late repayment can cause you serious money problems. For help, go to The Money Advice Service. High cost short term credit is unsuitable to support sustained borrowing over long periods and would be expensive as a means of longer term borrowing.

IMPORTANT INFORMATION:
You should always refer to your loan agreement for exact repayment amounts as they may vary from our results. Read more about How Our Comparisons Work.

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  • 100% Independent
  • Safe & Secure

Who we compare

We compare short term & payday loans from the best UK lenders

More lenders, more choice, more control

allthelenders is a free to use independent and impartial price comparison website for payday loans and short term loans in the UK. We only compare direct lenders and there are no brokers on our site. Comparing the true cost of payday loans has never been easier, simply choose the type of loan you require, the amount you need, how long and click ‘Compare.’ We will return your results in just a few seconds.

You can also make use of our unique Eligibility Test which will present you with a list of lenders that are most likely to accept your application based on your own personal circumstances. We compare more payday loans than any other site.

Our comparisons are fair and impartial. The results order the lenders by the total cost of the loan with the cheapest loan being displayed first. For those lenders that have the same charges, they are presented in a random order. We offer detailed information on every payday lender featured on the site to help make sure that you're getting the most suitable loan for your circumstances.

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Transparent Loans

Payday Loans and Alternatives From Direct Lenders

Transparent Loans

What are payday loans used for?

Payday loans are commonly used for emergency purposes and to cover your short term expenses until your next payday. Successful applications can be funded within 15 minutes and you can repay your loan over 3 to 6 months in monthly instalments. You always have the option to repay early if you have the means to do so and this could result in a less interest charged.

The criteria to apply includes:

  • Over 18 years
  • UK resident
  • Valid debit card
  • Valid email address and mobile number
  • No recent bankruptcy, CCJ or IVAs
  • Employed and able to afford monthly repayments

How can I be accepted for a Payday Loan?

allthelenders offer a unique Eligibility Test which has been designed to help you find a lender that not only meets your exact borrowing needs but is more likely to accept your application based on your personal circumstances. There is no credit check involved, simply answer a few questions and we'll tell you the lenders that you would have the best chance of receiving a loan from.

What Payday Loan Alternatives are available?

Payday Loans are not suitable for everybody and there are many alternatives available. Visit the Money Advice Service website for sensible advice and tips on how to avoid using this type of credit. In addition to payday loans, some of the lenders we feature offer more flexible instalment products over 3 to 24 months. However, for real alternatives to payday loans, this includes borrowing money from family and friends, using credit unions, guarantor loans and secured loans.

  • No upfront fees
  • Same day funds available
  • No guarantor required
  • Bad credit considered
  • Instant decision

Compare Payday Loans and save money

We are extremely proud to have launched the UK's very first independent and completely impartial Price Comparison Website for the Payday and Short Term Loan industry. Never before have you been able to compare such a wide choice of lenders, loan amounts and durations as you can now. We are making the industry more open and transparent than ever before.

Our goal is to ensure you have a safe and trustworthy place to go to compare the cost of short term credit. By simply shopping, customers have been able to save up to £100 per loan and they and avoid being exposed to rogue or unlicensed lenders.

Will Payday Loans affect my credit score?

The use of payday loans should be considered as serious a financial commitment as any other source of credit, including personal (bank) loans and credit cards. Direct Payday Lenders will search the records of various credit reference agencies and record their search as part of the application process. There is no such loan as a 'no credit check payday loan'.

Multiple applications to lenders will be recorded on your credit file and may impact negatively to other prospective lenders (payday or otherwise) in the future. When managing your payday loan, your borrowing history and how you handled the account (payments made against the loan etc) will be reported to the credit reference agencies and non-payment of a loan will impact negatively on your credit score and may result in you finding it difficult to obtain any further credit in the future.

You can find more information about your credit score, view your credit report and find out how you can improve this for all for free on the Noddle website.

What to consider before applying for payday loans

You should consider whether a payday or short term loan is right for you before making an application to a lender. This type of credit is not suitable for those that may already be experiencing financial difficulty and should only be considered in financial emergencies.

There are many alternatives to payday loans which can be found on the Money Advice Service website which we recommend that you read before making an application. This type of credit is expensive if used incorrectly or over long periods of time and if you do not meet repayments can have severe consequences on your credit score.

For independent money advice and a list of alternatives to payday loans, please visit the Money Advice Service. If you are worried about debt or are struggling to meet repayments with your creditors, please visit our debt charity partner Stepchange for free support.

Our website is completely free to use and always will be. It is simply funded by the lenders that appear on the site who may pay us a commission for the visitors that originate from allthelenders.org.uk. We are not responsible for the content that is displayed on third party websites including lender websites that you may visit. allthelenders is a price comparison website, we are not a lender and are independently owned and operated.

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IMPORTANT INFORMATION:
You should always refer to your loan agreement for exact repayment amounts as they may vary from our results. Read more about How Our Comparisons Work.