With so many brokers all over the Internet and dominating the search results, direct lenders for payday loans are getting harder and harder to find. Don’t worry, they are out there and we’ll show you the most popular in the industry in this article.
So why would you want direct lenders for payday loans? Well most people always like to go direct to the lender as what often happens with brokers is they pass your details on to many companies on their listing hoping that someone will buy ‘you’ as a lead. If the lender does accept your details and you take a loan, the broker gets commission. If they don’t accept your lead, they keep going down the ‘tree’ until someone does.
So who are the direct lenders for payday loans?
Here are the direct payday loan lenders we’ve found…
Peachy – A versatile choice for direct lendersVisit Peachy Representative 1058% APR
Peachy are relatively new on the scene for direct lenders for payday loans but are well worth a look as they are very unique with their offerings. Firstly, they charge around 1.5% of your loan amount per day which really promotes responsible lending as it encourages you to borrow less and pay it back sooner. Secondly, you can pay the loan amount in instalments which means they are a payday loans lender that offers multiple payments. Thirdly, they offer you loans from £50 to £500, offer a instant decision online and transfer the cash in around 10 minutes to your bank account. They also take bad credit into account! A good choice for direct lenders for payday loans.
QuickQuid – 2nd largest direct lenders for payday loansVisit QuickQuid Representative 1734% APR
QuickQuid are probably the 2nd largest direct lenders for payday loans in the UK and offer loans from £100 to £1,000 (£1,500 for trusted members). They promise funds within 10 minutes, which is about as fast as you’d need it, and offer their services 24 hours a day, 7 days a week and this includes weekends and bank holidays. Their typical charge is £14.50 per £50 you borrow, but you can get this reduced lower if you use a QuickQuid promo code. They have been established for 5 years and promise no hidden fees. Instant transfer of your funds at no extra cost.
Payday UK – Good all round lenderVisit Payday UK Representative 2090% APR
Payday UK are also another great choice for direct lenders for payday loans as they are very established in the industry and have been providing payday loans for many years. They also charge £14.50 for every £50 you borrow and provide loans from £100 to £1,000. They give you same day transfer at no extra cost, have a freephone number you can call if needed and also have instant online chat if you prefer.
So there you have it people, some great choices for direct lenders for payday loans. Want more? Please get in touch with your requests!