Comparing Lenders and Brokers of Payday Loans
Is it better to apply directly to a lender or go through a broker?
At Payday Power, we have made the process of getting your loan approved and paid out as simple as possible so maybe we are a little biased in saying you're better off going through a broker such as ourselves - it's free to use! Here are some of the main reasons.
You can apply to practically all the UK lenders with one application. This will save you loads of time and more importantly stress. All lenders have different rules on who they are willing to lend to and while one lender may reject your application, another may be happy to pay your loan, no questions asked in a matter of minutes. When you apply with a broker all you will need to do is fill out one application which will take a matter of minutes and the broker will then do their best to find you a loan right away. Payday Power's process is automated so you will not need to speak with anyone at Payday Power regarding your loan. Our software will evaluate your application and do its best to find you a lender. Most people get approved and their loan paid to them within 60 minutes. Our service is free to use, there is absolutely no cost to you to use our service, although other brokers may charge a loan finding fee.
Check out our top 5 brokers below, followed by the top 5 lenders. They have been arranged in order of their ability to approve your loan application and this is based on years of experience working with these lenders and brokers, together with up to the minute feedback on the status of applications from the lenders and broker themselves.
| Rank | Broker | Borrow | Repay on £100 Loan |
Lending Terms | Typical APR |
Bank Account Required? |
Debit Card Required? |
Visit Broker |
|---|---|---|---|---|---|---|---|---|
1 |
 |
£50 - £1250 | £125 | Same day loans paid in 1 hour - most applications accepted! Bad credit OK and no documents needed. Cash loans paid direct to your account in 1 hour in most cases. | 1940.5% | Yes | Yes | 
1 Hour Payday Loans |
2 |
 |
£80 - £750 | Variable | Quid Til Payday offer Payday loans between £80 - £750. You can apply online and the cash will be directly deposited into your bank account is as little as 1 hour with no hassles. You can obtain £750 even if you have bad credit and you will receive an instant decision on your application as soon as you apply. | Variable | Yes | Yes |
Same Day Loan |
3 |
 |
£80 - £1,000 | £125 | Our online application is 100% automatic, so you get an immediate loan decision and up to £1,000 cash can then be sent to your account on the same day you apply, usually within 1 hour. | 1940.5% | Yes | Yes |
Cash in 1 Hour |
4 |
 |
£80 - £750 | Variable | Thames Financial are a payday loans broker. You simply enter your requirements on an quick and easy online form; then they will try to find you a loan that suite your needs. Get between £80 to £750 | 1286.1% | Yes | Yes |
Get Instant Approval |
5 |
 |
£80 - £750 | £125 | Borrow from £80 - £750 with PayDayFinancial! It's all online, takes just minutes to apply and you could have the money in your account within an hour (if approved before 3pm on a weekday). PayDayFinancial is one of the UK's leading online brokers of payday advances, helping over 2,000 customers a month. | 1355% | Yes | Yes |
Instant Cash Easily |
| Rank | Broker | Borrow | Repay on £100 Loan |
Lending Terms | Typical APR |
Bank Account Required? |
Debit Card Required? |
Visit Broker |
Below we have listed the top 5 lenders, that is those who approve the most applications and pay out the most money to our customers every day of the week. Still, it may be better for you to apply through us first for instant loans, and if not successful, we can forward your application to these lenders with all the infomation you have already enetered pre-filled on their application forms to save you the trouble of typing it all in again and again.
| Rank | Lender | Borrow | Repay on £100 Loan |
Lending Terms | Typical APR |
Bank Account Required? |
Debit Card Required? |
Visit Lender |
|---|---|---|---|---|---|---|---|---|
1 |
 |
£80 - £800 | £125 | At Payday Express we offer a quick and easy service to enable you to apply online in minutes, receive an instant loan approval decision, and get cash in your bank today. We charge £20 for every £80 borrowed. You must be in full time employment, with your wages paid directly into a bank account. | 1286.1% | Yes | Yes |
Make Today Your Payday |
2 |
 |
£75 - £750 | £130 | We can deposit your short term loan directly into your bank account, usually the same day. Our charge for credit is 30 pence for every £1 borrowed. If you borrow £100.00, you would simply repay £130.00. Generally there is no need to fax, email, or post documents in. | 2330% | Yes | Yes |
Instant Short Term Loans |
3 |
 |
£100 - £1,500 | £129.50 | Get up to £750 with Quick Quid even if you are paid weekly, fortnightly or monthly. We charge £25 for every £100 borrowed. Quick cash loans to repay on your pay day or over your next two pay days! Instant approval and bad credit accepted. | 2278% | No | Yes |
Make Today Payday |
4 |
 |
£80 - £750 | £125 | We accept over 85% of applications! If you are over 18, have a UK bank account and a regular job, then apply today. | 1737.2% | Yes | Yes |
We Say Yes to 85% |
5 |
 |
£100 | £110 | We help people overcome day-to-day cash flow problems by providing instant transfer seven day loans. Our customers borrow from us to cover minor shortfalls between their outgoings and next payday; to avoid penalty overdraft charges from their current account; or to deal with unexpected short term expenses. Using our virtual credit line you can have £100 in your bank account within minutes. | 894% | Yes | Yes |
£100 The Easy Way |
6 |
 |
£50 - £500 | £125 | Mr Lender can lend you up to £500 right now and transfer it to your account within a couple of hours. 90% of our customers get their cash transfered and into their accounts within 2 hours of being approved. There is also an administration fee of £5. No paperwork necessary. | 1990% | Yes | Yes |
Your Friend Until Payday |
7 |
 |
£80 - £200 | £125 | We make the process of pay day loans simple, straightforward, and, above all, fast. We provide our hard-working customers with the payday loans UK they need to keep them going until payday. And we make instant loans using our pioneering online loans system, which takes much of the hassle out of applying for payday loans. | 3214% | Yes | Yes |
Instant Decisions |
| Rank | Lender | Borrow | Repay on £100 Loan |
Lending Terms | Typical APR |
Bank Account Required? |
Debit Card Required? |
Visit Lender |
