HOW IT WORKS
The process to securing an instant payday loan is completely online and follows these 3 steps:
1. Compare lenders, select one (or more), then complete application form online;
2. Sign your loan agreement online;
3. Receive funds direct to your bank account – same working day.
Step 1 should take less than 5 minutes to do.
You then submit your completed application form and in less than a minute any of the instant payday loan lenders we list on our homepage will tell you if you have been approved. They do not require you to fax in documentation so the entire process is completed online. As part of the instant approval process some lenders will credit check you while others will not credit check you.
In a minority of cases instant approval is not possible because a payday lender cannot confirm all your details automatically, so they will ask you to email or fax in simple documentation such as a payslip or proof of address to be able to approve your loan. In these cases approval will obviously not be instant.
Your payday loan lender will then transfer funds direct to your bank account the same working day and usually in less than 1 hour. Please meet same day transfer deadlines (as displayed on our homepage) to secure your instant payday loan. Please note that some banks do take a further 48 hours to clear funds.