If you’ve found yourself short on cash between one payday and another, you’re not alone. We’ve helped thousands of people just like you to access funds when times are tough. Whether you’ve received an unexpected bill or you’ve had to fork out for an emergency expense, here at Swift Money, we can put you in touch with UK payday lenders that can help you to make it through to your next pay packet.

Direct payday loan lenders vs third-party brokers

When searching for a payday loan, you are likely to come across direct payday loan lenders and third party brokers. When you apply for a loan with a direct payday loan lender, as the name implies, you are applying directly to one organisation, which will then lend you the money without an intermediary if your application is approved.

A third party broker, on the other hand, helps people to find credit by comparing a number of different organisations and introducing prospective borrowers to lenders that can offer them deals. If you’re looking for money in a hurry, this is often an attractive option. As an experienced credit broker, at Swift Money®, we scour the market on your behalf to give you the best chance of getting the money you need in as little time as possible. By potentially forwarding your application to 20 or more lenders, we take the legwork out of looking for a loan.

What to look for in a payday lender

Whether you decide to use a direct lender or a broker, you should check that any firm you’re considering using is regulated by the Financial Conduct Authority (FCA). If you’re looking for online payday loans, the company’s website should tell you if they are registered. Alternatively, the lender should make this clear in their store if they have one. If you’re not sure or just want to double-check, you can always search the Financial Services Registry online. If the lender you are thinking of dealing with isn’t registered or exempt, it is not a legitimate payday lender and should be avoided.

Finding UK payday lenders with no credit check

All FCA regulated payday lenders must run a credit check on prospective borrowers before offering them a loan. Any lender that says that they do not perform such checks is either misleading or operating irresponsibly. Credit checks are a necessary part of responsible lending as they help a lender to decide if a prospective borrower can afford to repay their loan as well as the interest they accrue.

If you have a poor credit rating or no credit history at all, you are not automatically precluded from taking out a payday loan. Most lenders will take your present financial status into account too. With an extensive knowledge of the lending market, we can help you to find UK payday lenders for bad credit if that’s what you need. To find out if you qualify for a payday loan, simply fill out our quick and easy online application form and leave the rest up to us.

We have helped more than 1,000,000 people in the UK get through their emergency cash needs. Apply Now with Swift Money® today and let us help you too.

FCA Register

Swift Money Ltd are authorized and regulated by the Financial Conduct Authority (FCA)
Authorization can be verified on the FCA register at: https://register.fca.org.uk/
FCA Firm reference Number: 738569

Free Financial Advice

If you are struggling with your finances and wouold like to speak to someone, you can contact any of the companies below, completely free of any charges:

Moneyadviceservice.co.uk
Nationaldebtline.org
Stepchange.org