How do I obtain a payday loan?
There are two main ways to obtain a payday loan. The traditional (old-fashioned) way is to make an application at a payday lenders branch. However this is certainly more hassle and not as convenient as the more popular method of applying online via a payday lender’s website.
Currently the most popular way to obtain a payday loan is online via a lenders website. With internet access becoming commonplace in most households, more people than ever before are applying for their payday loans online. There are many online payday lenders to choose from. You should take care when selecting your lender. We list some of the more established online payday lenders here.
The great thing about making your payday loan application online is that most lenders have automated their loan application and approval process, which means you will normally receive feedback about your loan application in a matter of minutes. Also you are not restricted to applying for your loan within normal business hours. Most online lenders can process your loan application 24 hours a day, 7 days a week.
Each payday lender will have their own requirements when it comes to applying for a loan, but most will require you to be 18 years of age, have a valid UK bank account, be employed and receiving a regular salary and be a resident of the UK.
To apply for a payday loan jump on over to our list of the main online lenders in the UK.