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As shown on your ID, No Short names are allowed

1294.1% APR Representative Example: Borrow: £300 for 90 days Interest: £144.06 Total to repay: £444.06 Repay in 3 instalments of £148.02 each. Annual interest 274% (variable). Representative 1294.1% APR.

In recent years there has been a huge surge in the number of payday loans UK available. Unsurprisingly, as the cost of living continues to rise, the prospect of being able to borrow small amounts of money to cover key expenses via a painless online transaction is attractive. loans are available to people who have experienced poor credit, as well as being paid out almost instantly so they are the answer to short-term financial issues for a huge range of people. Representative: 1,294.1% APR.

With so much choice, though, if you need some money quickly, the question becomes; how do you choose just one?

There are a number of factors to look at when choosing your loan. The following are just three and giving careful consideration to these should make your decision easier and ensure that you find the loan which best suits your circumstances.

1. It is your loan, so make it work for you. Don’t choose the first one you see. Use comparison sites or search engines and set key criteria to ensure that you get the best loan available for your situation. Spending a few extra minutes doing your homework will pay off.

2. Representative APR. Alright, nobody quite knows what APR is or how it works, but the basic principle is: the higher it is, the more you pay back. Payday loans vary hugely in terms of the APR they charge. Look for the lowest which will accept you and you will repay less in the long-term.

3. Repayment terms. Do you repay weekly or monthly? Make sure the loan you choose fits in with your lifestyle and how you want to repay it. If you would rather pay weekly, then find a loan which allows you to. With so many available, there is bound to be one which fits your criteria.

Payday loans can be an effective way to bridge short-term financial gaps and each of them will have its own plus points. By making sure that you have prioritised which aspect matters most to you, you will be able to find a loan which not only helps in the short-term, but is also the most beneficial to you in the long-term.

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