My Payday Loan unsecured loans

What shall I choose?

Did you know that personal loans, unsecured loans and personal unsecured loans are all the same? They all allow you to borrow money without having to offer any type of asset like your car or house as a form of security against them. So the only difference is their name!

If they don't demand security, then how do they make a lending decision?

They do this by running a credit check on you to make sure you can afford the repayments. Some of these lenders require lots of information from you which can be very time consuming and time that you don't have.

If you just need some money to keep you going until your next payday, then a payday loan from My Payday Loan is just right for you!

Need money in a hurry?

A payday loan from My Payday Loan is a quick and easy way to get money into your account that will help you out with those unexpected bills or small money worries until your next payday.

Everyone enjoys a bit of shopping and finding that bargain, but if you are shopping around for an unsecured personal loan you may be offered a confusing amount of different interest rates and loan periods. With a payday loan from My Payday Loan we like to keep things simple and hassle free- so we charge £14.50 for every £50 you borrow and you will repay the full amount on your next payday.

All you need to do is apply online or by calling 0800 _280 2500¹ and we can give you a decision on your payday loan with My Payday Loan in just one minute - it really is that quick and easy!

As My Payday Loan are a responsible lender and the payday loan is a short term unsecured loan, we will do a quick credit check on you, this only takes a few seconds and it is just so we can satisfy ourselves that you will be able to repay your loan on your next payday.

It is so fast the money can be in your account by midnight².

Improved credit rating = more financial options

Getting any kind of unsecured loan can be a tricky process if you don't have a good credit rating. Well don't worry as My Payday Loan will still consider you, and if your two minute application is successful we could help you improve your credit rating, as each time you pay off a payday loan from My Payday Loan this positive repayment is reported to a credit reference agency.

If you pay your payday loan from My Payday Loan on time then this will stop a failed payment being reported to the credit reference agency. However, if you do not repay your payday loan on time, that will also be reported to the credit reference agency and could have a negative effect on your credit rating.

³Occasionally we will be unable to confirm all details automatically. Should this be the case we will ask you to fax in simple documentation for us to be able to complete the application process.