Bad Credit Payday Loans
£100 to £5,000 paid out same day!*
- Loans Paid Same Day
- Bad Credit Accepted
- Instant Decisions
- Borrow up to £5,000
When you’re in need of a little extra cash before payday, a poor credit rating can make finding the lender that’s right for you much more difficult. That’s why the team at WageDayAdvance are working hard to take the headache out of lending.
We believe that everyone should have access to the cash they need when they need it most. Working with reputable payday lenders from across the UK means that we can deliver that safe borrowing experience to our customers.
Our lenders aren’t just reliable, they’re flexible too – willing to work with people who don’t have the best credit rating. Getting bad credit payday loans could be much easier than you think.
A credit rating is a numerical representation of how “risky” you might be to a lender.
The lenders that we partner with use these scores, among other information, to make decisions about your credit applications. The scores come from the actions you’ve taken with your credit in the past. Credit agencies in the UK collect data about every credit card and loan you’ve ever used, and whether you’ve paid the money that you owe back on time.
Now here’s where credit ratings get tricky. There’s no such thing as a uniform credit rating, or a credit rating blacklist. Each lender scores you in their own way, and the score algorithms they use are a big secret. In other words, just because one company says you have bad credit, doesn’t mean that another will feel the same way.
That’s where WageDayAdvance comes in to help you out. We ensure that you can avoid some of the regular loan companies that would define your score as “bad”, so you reduce your risk of an application rejection. After all, every time you apply for credit and don’t get it, that’s another mark on an already problematic credit report.
By conducting a soft check on your situation, our brokerage system can match you to a reliable lender from our network of of FCA regulated companies, boosting your chances of a first-time approval. Whether you’ve got a bad credit score or not, we can help you find the payday loan you need.
A payday loan is a short-term loan designed to give you a small amount of cash for a short period of time. It’s a handy way to borrow money in some situations, and it’s convenient too.
Payday loans are generally easier to apply for when you don’t have the best credit. WageDayAdvance partners with various trustworthy lenders who can offer flexible loans to people from all backgrounds. Because you’re not borrowing as much money with this kind of loan, and you’re only lending for a shorter period of time, the risk on the lender is lower.
However, it’s worth noting that some lenders can still refuse to give you cash based on your credit rating. That’s why it’s so important to know your situation and apply for the right kind of loan the first time.
At WageDayAdvance, we take the risk out of applying for a payday loan in more ways than one. First, we use our brokerage system to automatically match your application to the lender that’s most likely to give you the loan that you want.
We also keep you safe by only using lenders who hold themselves to the highest possible standards in terms of safety and regulation. All of our lending partners are approved by the FCA, so you know that they can’t charge you over the odds when it comes to fees and interest.
One of the easiest ways to start improving your credit rating is to show the agencies responsible for scoring you that you’re responsible with your money. Unfortunately, at WageDayAdvance, we know that can be hard to do when you’re not getting the loans you need.
The more you apply for traditional loan products and fail to get the cash you need, the harder it is to repair your financial situation, and your credit. We’re putting an end to that problem once and for all. Whether you’re dealing with the sudden expense of a broken down car, or you’re paying unexpected vet bills, we ensure that you can get the payday loan that’s right for you.
As a reputable UK broker, we only conduct a soft pull credit search on your history. This means that we don’t leave any marks behind when we’re assessing which lenders we should be connecting you with through our brokerage system.
Applying for a bad credit payday loan through our brokerage service won’t have an affect on your existing credit rating. However, as you pay off that loan according to the guidelines given by one of our partnered lenders, you might find that your score starts to improve.
Paying your loans off on time shows the credit agencies that you have what it takes to manage your money properly. Remember, credit scoring is all about predicting your future behaviour based on what you’re doing in the present, and what you’ve done in the past.
Applying for a bad credit payday loan with WageDayAdvance will help to protect your credit score and put you on the track to build a better rating. We match you to the lender that’s most likely to work with you from day one, and help you prove that you have what it takes to borrow credit in a reliable way. Of course, there are some other ways that you can support your score too:
Just because you’ve had problems with credit in the past doesn’t mean you’re not trustworthy now. At WageDayAdvance, we understand how easy it can be to lose control of your credit score. That’s why we’re on hand to help everyone access the loans they need, no matter what their rating might be.
A bad credit payday loan is usually a good idea when you’re looking for a quick and simple way to get short-term credit. With these loans, you only borrow money for a short amount of time, and the loan is usually quite small, so you can pay it back faster. For instance, you might decide to get a bad credit payday loan when you have a sudden plumbing problem to pay for at home.
If you know that you have bad credit, applying for a payday loan with one of our approved lenders can help to reduce the risk of you damaging your score further with rejected applications. Other benefits of our brokerage system include:
A payday loan is a form of short-term lending solution. It used to be that you would pay these loans back on your next payday. However, with WageDayAdvance, you can set the term of your loan anywhere between 3 and 36 months.
Payday loan providers, like our approved lenders, are often much more flexible about who they will work with. There’s less risk involved with the lender, so approval is usually easier. We take the worry out of applying for a loan with bad credit by ensuring that we can link you straight to a lender that supports bad credit lending.
No, our WageDayAdvance brokerage system works online. Just enter your details into the application form, and the automated system will do the work for you. There’s no need to schedule any time-consuming meetings with financial advisors.
Yes, all lenders must conduct a credit check to ensure that you are eligible for a loan. Our regulated lenders will always check your credit after a full application is made. However, WageDayAdvance’s brokerage system only uses a soft check to determine which lenders we should match you to.
This all depends on your situation. The lender that offers you your loan will determine how much you can borrow. We can match you to lenders offering between £100 and £5,000, so there’s plenty of opportunities to find the right solution for your needs.
Payday loans are usually very fast. Our trustworthy lenders aim to get you the money you need as quickly as possible, so you can deal with emergencies in a stress-free way. You might even be able to get your loan on the same day you make your application.
A bad credit history shouldn’t stop you from getting the money you need to deal with last minute expenses and emergencies. At WageDayAdvance, we understand how debilitating that poor credit score can be, which is why we’ve found a way to make applying for credit easier.
Our simple and effective brokerage system will match you to the lender that’s best suited to your situation, so you can get yourself back on track in no time.