What Is A Payday Loans Direct Lender?
Payday loans can be accessed through a direct lender of payday loans and are essentially small, unsecured sums of money that ease the strain of having to deal with an unexpected bill. They are essentially a tool used to tide you over until your next pay day and can be accessed quickly in comparison to other loan types.
Frequently Asked Questions
Sometimes using a payday loan direct can get you out of trouble with very little effort. LoanPig is a payday loan direct lender, we offer payday loans from £100 up to £1,500.
If you apply for a payday loan through a direct lender, your application will be considered but not guaranteed. If approved, you should receive your funds within 1 hour up to the next working day depending if your bank accepts fast transfer.
Yes, you can. LoanPig offer loan repayment terms from 1 – 12 months which means you can spread the repayments of a loan with 12 consecutive and equal payments.
Here at LoanPig, we understand the need for speed and urgency when it comes to finding you a source of funding to cover your expense. This is why we offer fast application approval response rates and if we can’t offer you a loan ourselves, we’ll certainly try to find you one from our panel of lenders, who, in many cases push to ensure you have the money you need the very same day you ask for it.
If you are looking for the most efficient way to get some extra cash in your bank account without having to search for the best deal when it comes to a payday loans direct lender, then look no further than LoanPig.
When you are faced with an unexpected expense that you believe could force you to fall into debt, it can be hard to know where to turn. Here at LoanPig we believe that no one should be left to suffer the damaging effects of falling into debt and pride ourselves in offering everyone, even those with a poor credit history, the chance to get themselves out of the red.
LoanPig offers a comprehensive direct lender loans service – if we can’t lend to you, we effortlessly match you and your specific needs with a payday loans direct lender so that you don’t have to!
Why Choose LoanPig When Looking For A Payday Loans Direct Lender?
If you’re searching for a responsible lender to provide you with a transparent loan from a payday loans direct lender, then turn to LoanPig. Our fast emergency loans can even be with you the same day, which can be a gift when you’re struggling with a financial emergency.
Sometimes, life can throw us some unexpected expenses and this can leave our pockets a little thin on the ground. If you’re in need of a cash loan provided to you from a direct payday loans lender to help you before your next pay check, then you’re in the right place! Whether your car has broken down, or the plumbing or heating goes in your home and you need a quick loan, we can help.
How Can I Apply Through A Payday Loans Direct Lender?
Applying for direct lender payday loans with us couldn’t be any easier. Our entire application process takes place online so you can apply in the comfort of your own home or even on your smartphone, which means no more annoying phone calls!
Is LoanPig A Broker?
Brokers work to make sure that all payday loan applicants are able to be matched with direct lender payday loans effortlessly. Without the help of a short term loans broker and direct lender like LoanPig, you would need to individually scour the web in search for your ideal payday loan lender.
LoanPig is a direct lender but will also try to source you a loan if they cannot satisfy your loan request, the whole process of applying for your desired loan amount is streamlined and ensures you are matched with your loan as quickly as possible.
What Are The Benefits Of The LoanPig Payday Loan Calculator?
Our payday loan calculator can provide you with the information that you need when it comes to taking out a loan with us. Emergencies can happen any time day or night, so we make sure that our online calculator is always available to help you.
All of our customers can apply through our emergency cash loan calculator online – all you need is an internet connection! Applying for a loan with LoanPig means you can secure your payday loans from a direct lender conveniently. For a service that is quick and transparent, there’s no better lender to turn to for fast loans than LoanPig.
How Much Would You Like?
Can I Still Get A Payday Loan With Poor Credit History?
At LoanPig we believe that everyone should have the chance to access the funds they need when they need them most. While some money lenders look solely at an applicant’s credit history before coming to a decision as to whether they are eligible for taking out a loan with them, we look at the bigger picture.
If you apply for direct lender loans with us, you should know that we take into account a number of factors when deciding if you will be able to meet your repayments. If you have been turned away for direct lender payday loans elsewhere, give LoanPig a try! We may be able to match you to a lender that offers bad credit loans.
How Quickly Can I Have Access To The Money I Need With LoanPig?
Depending on the time you apply for your direct lender loans on LoanPig will depend on when you receive your desired loan amount. Once you have established your desired loan amount and repayment date, you will then need to fill out our straightforward application form, which will be checked through by us.
Once we are satisfied that you are an ideal payday loans candidate, you will go on to be matched with a payday loans direct lender. Depending on the lender you are matched with, you could see the money you need sitting in your account the very same day or at least within 24 hours, with our same day loans.
How Does LoanPig Match Me With Direct Lender Loans?
We pride ourselves on being quick and hassle-free throughout our application process, and while we cannot guarantee the approval of your application, we will do our very best with the information that you provide.
If your application is approved, then you can even get your emergency cash loan the same day! We can save you time when it comes to finding the very best loan to suit your needs, and we make the entire process fast, and easy. We value our customers and your time, and understand the need to get an emergency loan quickly. With LoanPig, you can be sure that you are in the safest of hands.
How Safe And Regulated Are Direct Payday Lenders?
Any authorised payday loans direct lender is required to operate lawfully and will be regulated by the FCA. In the past some payday lenders took advantage of the fact that there were no rules in place to protect customers which created chaos in the world of payday lending.
Today there are a number of laws and guidelines in place for all payday lenders to follow, so you can borrow money and know that you will not have to payback more than twice your loan amount and that any late payment fees are capped for your security.
Who Are The FCA?
The FCA or the Financial Conduct Authority is an organisation that regulates all the financial firms and services that are provided to people living in the UK. They ensure that every organisation in the financial marketplace operate and trade fairly and lawfully. LoanPig work closely with the FCA to ensure we provide a secure environment for people to borrow money from.
What Restrictions Are In Place For Those Looking To Apply For A Payday Loan?
As with any type of application, there are some criteria that need to be met before we can match you with someone from our panel of direct payday lenders. In order to improve your chances of seeing the money you need in your account the very same day, you will need to meet the following criteria:
• You need to be at least 18 years of age
• You will need to be a UK resident
• You will need to have an active bank account and bank card
• You will need to have some form of income (living allowance, disability allowance or be in fulltime employment etc.)
Why Would Someone Need The Help Of Direct Short Term Loan Lenders?
People seek the help of a payday loans direct lender for a number of different reasons. In many cases it will be to cover an unexpected expense such as an urgent medical cost, an unexpected bill or to get out of one’s overdraft which can incur expensive fees.
No matter that your specific needs or reasons for taking out direct lender payday loans, you can be sure that you will be in safe hands with us!
What Do I Need To Be Aware Of When Considering Applying For Short Term Loan With LoanPig?
Before you make the decision to take out a loan from a payday loans direct lender you should always consider the following few things:
• Are you able to pay off your loan in the assigned time period?
• Can you get money from an alternative source?
• Is the lender you are using regulated?
Once you establish where you stand in these three areas and are happy that you can pay off the loan amount, cannot get money from another source and have found a responsible direct lender, then you are free to go ahead with your application!
How Much Can I Expect To Pay Back?
The wonderful thing about applying for a loan with a payday loans direct lender with LoanPig is that you can tailor your loan to suit your specific needs and requirements. Our homepage hosts a fantastic short term loans calculator which allows you to pick how much you want to borrow and when you want to pay the loan back.
By moving the calculator slider you will see exactly how much you will be paying back and the payments will also be broken down into monthly repayment sums. We value our transparent approach to supplying people with the money they require most so you always know that there will be no hidden fees with our service.
How Long Can I Take Paying Off My Direct Loan?
With LoanPig you are always in control when it comes to how much you borrow and how quickly you pay your money back. Direct lender loans with us can be paid off between 3 and 12 months, so this allows you greater flexibility when finding a loan to suit you.
What Is APR And How Does It Impact Direct Lender Payday Loans?
APR stands for Annual Percentage Rate and applies to the total amount of money you will be repaying annually. Essentially the APR that a company offers significantly impacts the amount you repay on a monthly basis. Many loans accessed through payday loans direct lenders come with a higher APR as they are accessed quickly and are unsecured.
This contrasts to other loan types (such as a bank loan, for example) where you need assign a piece of collateral to your loan – this means that if you fail to meet your repayments, you may be put at risk of losing your home or car etc. Direct lender payday loans are unsecured so you will never be in danger of losing your most valued possessions.
LoanPig Direct Lender Loans
There are a number of reasons that you might need a quick, no-hassle loan. When your fridge or washing machine decides to break, your car won’t start, or this month’s bills are tougher to swallow than you anticipated, it’s always a welcome relief to get a helping hand.
If you need a loan of anything between £100 – £1500, you can reach out to LoanPig. We’re a direct lender that can offer a wide range of payday loans to our customers, even those with bad credit.
What is a direct lender, and why does it matter?
A direct lender is a loan provider who loans you the money directly. So, you make an application to a lender, they assess it, and if you’re approved they pay you the money directly into your account. This is different from a broker, which will take your application and then try to search out the best deal for you from a number of different lenders. Why is a direct lender better for you? Ultimately it’s much faster. With LoanPig, we’ll do our best to process your application as soon as possible – we try and get the money into your account within as little as 24 hours.
The LoanPig approach
At LoanPig we’ve done everything we can to take the stress, the strain, and the worry out of applying for a payday loan. We know that you’re not taking out a short-term loan in most cases because you want to, it’s because you have to. As such, we’ve streamlined the application process to keep everything as quick as can be. When your washing machine is flooding the house or you can’t get the car to start, the last thing you want is a loan provider dragging their feet and wasting their time.
Simply make sure you comply with our requirements beforehand – namely, be at least 18 years of age, be employed (though other forms of income are considered), and be a UK resident. That’s it! Then, provided you’re able to meet our/our lenders’ checks to make sure you can afford the repayments, your application is very likely to be accepted. At LoanPig we like to help people as much as possible, so, we won’t turn you down over nothing.
How Much Would You Like?
Apply online today
Applying for a loan from LoanPig couldn’t be easier. First, you just use our handy sliders to determine how much money you want to borrow, and over what period. We’ll calculate your interest and monthly repayable in real time, so you can see exactly how your loan will look.
When you’re happy, just click the button that says ‘Apply Now’ and fill in our simple application form. Our team will assess your application as quickly as possible. If you’re approved, we’ll aim to get your money in your account within 24 hours. Even if we can’t lend to you, don’t panic! We work with a broad pool of the UK’s top lenders, so we could still find you a great deal.
So when you need a payday loan without the headache, reach out to LoanPig.
If you are seeking a reputable payday loans direct lender, then consider LoanPig. We can assist you in covering any emergency expense quickly, easily and with no stress! Contact us for more information here.