Payday Loans No Credit Check Direct Lender

Want a payday loan with no hard credit check from a direct lender? You’ve come to the right place! UK Bad Credit Loans helps borrowers get the best deal!

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What Is a Payday Loan Direct Lender?

A direct lender is a company or an individual who provides loans directly to borrowers without using an intermediary. The money is provided directly by the lender to the borrower after the loan application is approved. The borrower is free to use the money as and when needed.

Whereas, payday loan direct lenders offer payday loans that the borrower has to repay upon receiving their next wages. Some of the direct lenders offer payday loans at a very high-interest rate.

How much can I apply for?£100 to £5,000Zero-obligation quote
Length of the repayment1-36 monthsQuick payout
Interest rates (variable)49.7%Zero paperwork
Can I apply with poor credit standing?YesBad/low credit considered
Do I have to pay a lump sum?NoFlexible repayment
When am I allowed to apply?24/72-min simple application
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What Are Credit Checks?

When you apply for a credit card, home loan, car loan, or any other type of loan, the lender will require you to undergo a credit check. A credit check is a process of confirming your creditworthiness. Lenders do this by checking to see how much credit you currently have, what types of credit you have, how much debt you have, and your credit scores.

Typically, there are two types of credit checks:

Hard Credit Check

A hard credit check is a thorough investigation into a person’s credit information conducted by a lender. It is typically performed when a consumer applies for a loan or mortgage, providing a full report on your financial circumstances

Every information related to your credit history, such as how much you owe, missed payments, and your credit accounts. Besides, every hard credit check conducted against you will be added to your credit file (for a year) and it can slightly affect your credit score.

Soft Credit Check

A soft credit check is a type of search that verifies the personal information of a borrower and their previous credit history. Soft credit checks typically do not impact the score of the person who has applied for the loan.

Also, these checks are used most often by lenders or businesses that need to verify an individual's identity.

Are There Really Payday Loans Direct Lenders Running No Credit Check?

Under the Financial Conduct Authority’s (FCA) regulations, every lender in the UK is required to perform a credit check of the applicant who has applied for a payday loan.

So, the answer is no!

There are no reliable loan lending entities that can offer you a loan without conducting a credit check or looking at your credit score history. Some advertise that they provide loans without any checking procedure, but in reality, they could be lying to you!

Do Payday Loan Direct Lenders Accept Me If I Have a Bad Credit?

Yes, they do! In fact, a lot of payday loan direct lenders only need you to be at least 18 years of age, a UK citizen, and above all, show the ability that you will be able to repay the loan.

Moreover, the best part is that you will be able to get your loan quickly after you apply. The money will be transferred directly to your banking account.

If you are having trouble finding a payday loan lender, then it is where online brokers like UKBadCreditLoans can help!

Looking to Borrow Money Easily?

1 month

Representative Example: Rates from 43.1% APR to 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £1,200 borrowed for up to 75 days. Total amount repayable is: £1506. Interest charged is 0.34% per day, amounting to £306, annual interest rate of 124% (variable). Representative APR: 49.7% (variable).

How to Find Payday Loan Lenders Easily Online?

You can use the services of UKBadCreditLoans. We’re a loan broker that strives to vet lenders offering high acceptance payday loans with great rates. Once you provide your basic information, our network of online lenders will provide you with their offers (after a credit check).

You can compare the offers made and select the one which best suits your needs. Once the agreement is signed, the discussed amount is transferred to your bank account ASAP!

Find Payday Loan Lenders For Bad Credit Today!

We at UKBadCreditLoans help you receive the best offers from our lenders to quickly get you out of any financial mess. Apply and connect with a reliable lender right now!

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