Financial difficulties can hit any of us at any time, usually when we least expect it. Redundancy, ill health, unexpected emergencies, any number of obstacles can crop up, leaving our savings accounts empty and our minds full of worry. £400 may not actually seem like much. Still, it might just be the exact amount needed to overcome a monetary hurdle, alleviate stress and get back on track.

Here at Payday Loans Net, we focus on short-term loans that can patch up an urgent problem. We know that life is undoubtedly full of challenges, and our goal is to ensure everyone has access to help when they need it most.


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£400 Instant Loan


Our 400 pound loans are part of our payday loan service. These high-interest loans are intended for instant use in emergency situations and, as such, should never be relied on to stem long-term cashflow problems. The £400 payday loan, as the name suggests, is designed to resolve pressing financial matters that can’t wait until payday. It is generally paid back over a short duration on a monthly basis.

The great advantage of payday loans is the fact that they are granted (almost) instantaneously if approved. This quick-fix can prove crucial in certain situations. Let’s take a look at some of the most common reasons why our customers opt for a £400 payday loan:

  • Pay reduction or job loss: In times of economic turmoil, maintaining employment can be challenging, and a decrease in hours and wages may become a necessity.

  • Household repairs: A broken washing machine, faulty central heating system or a leaking roof; homeowners are likely to encounter at least one of these expenses or something similar at one point or another.

  • Car maintenance: Those who rely on their cars for work or family obligations cannot afford to let their upkeep go unchecked.

  • Medical emergencies: Thankfully, the NHS provides us with free healthcare whenever we need it. But what if you have an accident abroad? What about urgent dental work? Or even vet’s bills? Health costs for the entire family can often make a massive dent in savings.

  • Elevated bills: Perhaps one or more of the above unpleasant surprises have hit you hard this month, or for whatever reason, your heating, electricity or water rates have shot up unexpectedly.

£400 Loan with Bad Credit

The second advantage to a payday loan, in addition to an instant fix, is its availability for those who have a less than favourable credit history. At Payday Loans Net, we focus primarily on customers who have been rejected by other companies. As we are fully authorised and regulated by the UK’s Financial Conduct Authority (FCA), we perform a credit check for every application.

Customers with bad credit are understandably tempted by no credit check loans. However, more often than not, this type of promise is too good to be true and is only offered by loan sharks unregulated by the FCA. This, in turn, can lead to spiralling debts and serious money problems.

We understand that a poor credit rating isn’t the be-all and end-all. We take other considerations into account, specifically, your actual ability to repay the loan. That’s why those with bad credit are always welcome, and we will do what we can to support every customer regardless of their history.


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Direct Lenders vs Brokers

As a direct lender, we take complete control of the loan application and process, meaning no third party is involved. We alone make the decision to decline or approve a request and transfer the money directly. This saves valuable time and also ensures your information is not passed on to external companies. In contrast, a broker works on your behalf to find a suitable lender.

If, in the worst-case scenario, your Payday Loans Net loan request is denied, we can, with your permission, try to find you an alternative, effectively acting as a broker. And if all else fails, we can offer advice on how to improve your credit rating to boost your chances of approval.

When Will You Receive Your Money?

Once accepted, the £400 short-term loan will be transferred to your bank account the same day, in less than four hours and typically within one hour after approval. Once received, you will be granted access to your account at any time, so you can view all your personal details, upcoming payments, interest rates, etc.

We are aware that payday loans can be costly, and we want to do all we can to reduce your expenditure. That’s why we allow all our customers to repay their debt at any given moment and actively encourage early repayment by foregoing any fees. Similarly, we have strict rules against rollovers and multiple loans to ensure your debt is kept in check and to a minimum.

Above all, we are here for you. By combining an open and transparent approach with speedy transactions, flexible payments, and first-class customer care, we aim to support every applicant to achieve financial stability, no matter their predicament or credit rating.

If you have any questions or queries, do not hesitate to get in touch, and we will be happy to guide you through the possibilities.

Quick £400 Loan: Where to Start?


So, you’ve made all your calculations and worked out that £400 is enough to remedy your financial woes. What next? You can begin by clicking on the apply button and filling out the online application form.

The beauty of an online application is the speed of processing. Waiting around for a decision can pile on the stress, especially when you’ve already been rejected and are running out of options. We aim to deliver instant results and will respond to your request straight away. This, in part, is due to our position as direct lenders.

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