Top 10 Lists + Full Lender Lists (Linked in Brackets)

List of Payday Loan Lenders by Price

Share on FacebookShare on Google+Share on RedditTweet about this on Twitter
Here is our first complete lender list. This page will showcase all of the active payday loan lenders in the UK by price. The current brand count is 36 and so there is plenty of choice for those seeking short term funding. The payday niche has a bad market reputation. This has been improved somewhat by the introduction of price capping and increased regulation from the FCA. You’ll not pay any more than £24 per £100 over 30 days (0.8% daily). One problem faced when it comes to comparing products is that many companies have opted to fix their pricing at the cap and so you only have just over 10 cheaper deals out of close to 40.

Shown:
Daily interest to 3 dp (+full charge per £100 borrowed)
Brand name (+launch year) | (7/7) = Open 7/7, (ret: 7/7) = 7 day funding available to existing customers, (F) = Longer term available (at least 2 months).
Notes: Supporting notes are added for minimum ages, promo discounts etc. Hypothetical is noted where £100 can’t be selected over a full month (30 days). Workaround calculations are made in such instances. MyJar and Sunny each require early settlements from longer terms. Whilst there are other companies that allow such settlements, these firms are listed because they make a point and make it easy to settle and they also charge less than 0.8%. This is important due to the frequency of price matching.

Related: Summary of Top 10

List of Payday Loan Lenders by Price /£100…

0.180% (£5.40)…
Drafty (2016) (7/7) (F)

0.400% (£12)…
Sunshine Credit (2016)
The Money Platform (2016) (F) (*hypothetical. Must be 20+)

0.700% (£21)…
MPP Money (2013) (F)

0.720% to 0.800% (£21.60 to £24)…
Sunny (2004/2013) (7/7) (F) (*promo. Early settlement)

0.742% (£22.25)…
Credio (2014) (F) (*dormant)

0.750% (£22.50)…
MyJar (2009/2013) (7/7) (F) (*early settlement)

0.760% to 0.800% (£22.80 to £24)…
QuickQuid (2007) (7/7) (F) (*promo)

0.795% (£23.84)…
Cash Asap (2012) (7/7) (F)

0.800% (£24)…
100Pounds (2012) (*hypothetical)
247Moneybox (2009) (ret: 7/7)
CashFloat (2014) (F)
CreditStar (2011) (7/7)
Ferratum (2010) (ret: 7/7) (F)
Miss Payday (2015)
Monkey Dosh (2010)
NextCredit (2012) (7/7) (*hypothetical)
Payday Aid (2011)
Payday Express (1999) (ret: 7/7) (F)
PaydayUK (2003) (ret: 7/7) (F)
Peachy (2011) (F)
PiggyBank (2012) (F)
Pixie Loans (2014) (F)
Pounds Till Payday (2006) (F)
Quick Loan Shop (2012) (F)
Quidie (2015) (*must be 21+)
Quid Market (2009) (F)
SafetyNet Credit (2012) (F) (ret: 7/7)
Smart Pig (2012) (7/7) (F) (*students only)
Swift Sterling (2010) (F)
Uncle Buck (2004) (ret: 7/7) (F)
WageDayAdvance (2004) (7/7) (F)
WageMe (2012)
Wonga (2007) (7/7) (F)

Not Listed:
Kabayan Finance (2010) (F) (*above legal cap)
Vivus (2012/2016) (*closed down)

Last Updated: March 2017.