Payday Power is a broker of fast and simple payday loans online.

There are no credit checks and the whole application is online with an immediate loan decision, so you don't have to worry about sending or faxing documents through to us.

• Bad credit accepted
• We do not credit check your application
• Simple online application - takes a few minutes
• Immediate online decision and loan offer
• Money can be deposited into your account on the same day you apply
• Option to defer repayments when needed
• Operate a responsible lending policy
• No hidden costs

There are no set up fees or hidden costs.

We charge £25 for every £100 borrowed.

Example:

If you borrow £200, you will be charged £50 and so the total you will repay will be £250.

 

Absolutely Award Winning!

"I have received my loan this late afternoon, thank you.
I just have to confess that, your service is absolutely award-winning.
I have a great pleasure using your service. Thank you."
Sutay Ceyhan

Helpful and Friendly

"Just a thank you for your help in arranging my loan I found your staff to be very helpful and friendly I would use your company again, yours with thanks."
Mr Adrian Gill

How long does the application take?

It takes a few minutes to complete the aplication and you will be given a decision online within about 30 seconds. Once you sign online, money can be deposited into your account on the same day you apply. No credit checks and no faxing of documents necessary with most applications.

How much can I borrow?

You can borrow anything between £80 and £750, however as with other payday providers we have set your first loan with us at a maximum of £350 pounds.
The less you apply for, the more likely your application is to be approved.

Do you credit score my application?

No we don't. We do not look at your credit history in determining your loan, but as a responsible lender, we do look at your ability to repay anything you may borrow, which is why you must be employed full time. As a general rule, we will only lend 30% of your monthly salary. So if you take home £1000 a month, we can lend you a maximum of £300. See below.

Who can get a payday loan?

• Over 18 years old
• Full time job
• Paid monthly
• Take home over £750 a month
• Have a valid debit card
• Paid directly into your debit card account

When will I receive my loan?

Money will be transfered on the same day you apply to your bank account. Note that some banks take a few days for funds to clear.

How do I repay my loan?

Repayment is simple and automatic, with funds being taken from your account on your next payday.

Can I defer repayment?

Yes, however it is a good idea to pay back as much as you can as soon as you can to avoid further charges.