A small £300 loan is sometimes just enough to keep your life moving along smoothly. It’s the sort of sum that helps you meet unexpected expenses such as car repairs, urgent home maintenance, or family emergencies. Maybe the washing machine has conked out?

Sometimes, a series of unforeseen costs can leave you short of cash for Christmas or kid’s birthdays. A 300 pound loan from Payday Loans Net could be just enough to see you through. And we give you plenty of breathing space to pay it back.

A £300 same day loan from many lenders would mean paying the whole sum back in 30 days (on your next monthly payday). With us, you get to pay back your £300 payday loan over three months.


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Can I Get a £300 Loan with Bad Credit?


Payday Loans Net considers your current ability to make payments rather than making automated decisions based on credit history. Therefore, we welcome loan applications from customers with poor credit scores.

We are able to offer 300 pound payday loans to customers in many different situations. Often, people find themselves struggling for money through no fault of their own, resulting in a decline in their credit score.

Effects of a Loan Application on Your Credit Score

Some lenders may offer you a £300 loan with no credit check, but this is not the way Payday Loans Net operates as an FCA-authorised lender. A credit check not only protects the loan company but it’s also performed for your own financial security.

A low credit score does not mean we will refuse your application. It’s one part of the application process. Neither does a credit check have much impact on your credit score.

It’s true that a hard credit check reduces your credit score slightly for a brief period (12 months), but a single application and credit enquiry has little effect. You should be wary of making multiple loan applications.

In fact, a small 300 pound payday loan that you are able to repay successfully would help rebuild your credit score. This is an aim that Payday Loans Net is keen to assist you with.

One of the benefits of a £300 loan from a direct lender such as us, is that you know who you’re dealing with and how we work.


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What are the Criteria for Eligibility for a £300 loan?

There are three main criteria for short-term loan eligibility at Payday Loans Net:

  • At least 18 years old; like the vast majority of reputable lenders, Payday Loans Net does not offer loans to minors.

  • Regular income; you need a paid salary or regular benefits (a £300 loan for unemployed persons is possible without guarantors).

  • UK resident; to get a £300 loan in the UK, you need to live here and have a bank account in the United Kingdom.

FAQs about Payday Loans Net £300 loans


How Do Repayments Work?

If you’re approved for a £300 loan, the repayments are made using a continuous payment authority (CPA). This means the repayments will be deducted from your bank card automatically.

You can choose repayment days at the outset, provided they stick to the repayment schedule. Perhaps you have a specific date or day of the month when you’re paid, for instance.

Can I Repay Early?

Payday loans usually come with a significant interest rate, so this is something for customers to consider before applying.

An appealing thing about a Payday Loans Net £300 loan is the ability to repay the loan early. You will not be charged any extra for doing this, and, better still, you pay less overall interest this way.

Interest is only charged on the outstanding loan amount, so once the loan is repaid early, the interest you would have paid over the remaining loan duration is saved.

Early repayment is something you can aim for at the outset of a £300 loan, knowing you have the entire three months to fall back on if it doesn’t work out.

What If I Can’t Make a Payment?

Whenever you can’t make a repayment to any lender, the main thing you must do is communicate. Payday Loans Net is no different in this regard. Financial difficulty quickly snowballs if you don’t confront it, difficult though that is.

We add a £15 late fee to your account on the day following a missed payment, and the interest continues to accrue daily on the outstanding amount. Always phone us if you know you won’t be able to make a repayment on your “300 quid” loan.

What If I’m Refused a Loan?

While Payday Loans Net does specialise in poor credit loans, we do not guarantee a 100% acceptance rate. With the customer’s permission, we can attempt to find a willing lender, effectively acting as a trustworthy intermediary.

Why Payday Loans Net?

There is no shortage of lending companies in the UK, so why would you choose Payday Loans Net for your loan?

For a start, you’d be taking out a 300 payday loan from a direct lender. That means we fund you the money directly, and you needn’t deal with anyone else. Simple!

Another reason to apply for your 300 pound loan from a direct lender such as us is that you can check us out beforehand. We care about our customers and offer an abundance of borrowing and debt advice on our website.

The interest you’ll be charged on our short-term loans and payday loans is always clearly indicated upfront, and you’re even invited to compare us to other lenders.

Payday Loans Net adheres to several policies for the security of our customers. Yes, you may obtain a £300 loan on poor credit, but we’ll never roll one loan into another, never give you two concurrent loans, and we’ll never give you multiple successive loans.

At Payday Loans Net, we’re passionately interested in the welfare of our customers and are careful to only lend money when we are sure they can afford the repayments. You’ll struggle to find a lender with a greater level of transparency and honesty.

Customer Care

In addition to the large volume of information and advice available on our website, you are welcome to make direct enquiries about your borrowing needs.

You can contact us by phone, letter or email us at client-service@paydayloansnet.co.uk for a prompt response to your questions.

Getting Started on Your £300 Loan


You can apply for a 300 pound loan today and receive the money within one hour of being approved. It’s easy to get started using Payday Loans Net’s secure online application form.

The application form will ask you for typical loan-related particulars, such as your monthly income and outgoings, employment details and bank details. There is no application fee.

Loan decisions are typically made within 30 minutes during weekday office hours, and funds will be sent to your account on the same day if approved by 4.30 PM. Why not apply for your £300 loan today?

Representative example

Total amount of credit: £500
Duration of the agreement: 4 months
Repayment total: £863.24
Interest is fixed at rate of 270.10% per year – 0.8% interest per day | Representative 997% APR
£215.81
Instalment 1
£215.81
Instalment 2 & 3
£215.81
Instalment 4