How it Works - Loan.co.uk

Unique MONEY BACK offer example chart below

MoneyBack paid within 3 days of receiving the loan in your bank account. The above is an average example, MoneyBack may be more or less than stated depending on lender selected. You will be show MoneyBack amount before committing to a loan

Here's how Loan.co.uk's payday loans work with our unique MoneyBack offer:

Instant decision, no need for faxing or posting information to us. We require no paperwork and do not contact your employer (if you have one)

1. Complete our short Payday Loans application form. It only takes about a minute and you only ever have to fill it out once.

2. Within a few seconds we will let you know if you have been approved for your Payday Loan. You will see a waiting screen come up - you don't need to do anything as our state of the art computer system is doing all the hard work in the background. We are matching your details with our lender partners, automatically and at no charge to you.

3. Sign your loan agreement electronically simply via the internet. This is simple reading the loan agreement, agreeing the terms and clicking a button to say that you accept.

4. If you apply before 3pm Monday to Friday we will deposit the Cash into your account the same day. Apply after 3pm and we will deposit your funds on the next working day. If you need Cash in your account on a Monday then simply apply over the weekend and we will take care of the rest. Some of our lenders are now open on a Saturday so you could apply on saturday and get your money the same day.

+ We send you you MoneyBack amount direct to your account.

"The BEST online payday loan service"

✔ Unique MoneyBack Offer

✔ Payday loan Today

✔ No Credit checks

✔ No employer checks

✔ Self-employed welcome

✔ No upfront payday loan fees

✔ No hidden payday loan charges

✔ Guaranteed payday loan extension

✔ Quick payday loan approval

✔ Highest acceptance rates

✔ We usually say YES

✔ We are Payday Loan specialists

Please be aware that Loan.co.uk do not give advice or arrange any credit. All enquiries are passed on to our panel of lenders.

1286% Representative APR (doesn't include commission back to you)

Terms and Conditions apply. Your rates may vary based on your personal circumstances and with the actual lender we select and accepts you. Representative APR (Annual Percentage Rate of charge): 1286%. Representative APR example: Borrow £300 for 30 days. The total charge for credit is £75. Interest is fixed at a rate of £25 per £100 loan (Annual Interest Rate is 305%). The Total Repayable is £375. Representative 1286% APR. The APR includes important factors such as the interest rate you must pay; how you repay the loan; the length of the loan agreement (or term); frequency and timing of instalment payments and amount of each payment. Payday advances should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counselling.
* Subject to approval times and lender's own policies. In most cases, funds will be deposited the same working day, if approved by 14:30. Approval may take up to 30 minutes in most cases. Loan amounts are based on consumer's credit history and ability to repay loan. Not everyone may qualify for £1,500.
Loan.co.uk is not a lending or banking institution and it does not broker loans to lending institutions. The personal information you provide will be provided to a third party lender to provide you with a loan application and the potential to receive a loan. Loan.co.uk makes no guarantees or warranties with regards to the availability of a loan or any other aspect of the terms and conditions of the lending institution. This web site places no value to this service. For details, questions, or concerns regarding your unsecured cash loan please contact the lending institution directly. Not all lenders can provide up to £1,500. Cash transfer time may vary between lenders. We assume no responsibility for the services or information you may receive from the lender. All loans are subject to credit approval. Certain limitations apply.

The APR% for Payday Loans may seem quite high at first glance. Taking into account that all setup fees and administrative costs are included and since most Payday Loans are paid over a period of no more than 70 days a yearly APR% might be misleading.In most cases taking a payday loan is much cheaper than paying overdraft penalties, bounced cheques or unpaid bill charges.

Disclaimer: As a condition of extending credit, some lenders you may be matched with may run a credit check from a major credit reference agency upon your consent. Loan.co.uk is a licensed credit broker by the Office of Fair Trading 105 Hamlet Court Road, Westcliff-on-Sea, Essex SS0 7ES