LAST UPDATE 21.02.2018

FAQ Page

We like to keep things simple. If you have any questions about the way we work, take a look at the FAQs below, or contact us. Ready to go ahead? Apply now and get a decision within three hours!

Recent FAQs

Q: Does PDNET offer direct lender loans with no credit check?

Yes and no. We are a direct lender and our loans are available for consumers with a low credit score. However, we are legally required to carry out a credit check on all applicants. Therefore, no FCA authorised lenders will offer no credit check loans direct lender.

Q: Why should I choose direct lenders in the UK?

When choosing between payday lenders, consider looking for UK payday lenders as this is often the best option for people living in the UK. The advantage of using direct lenders UK is that you will be more familiar with the laws and regulations, and you know which organisations you can turn to if things don’t go smoothly. Moreover, a UK payday loan company will have a registered address in the UK, which you could go to if you want to talk to your lender in person. Need payday loans in the UK from direct lenders? Try Payday Loans Net; we’re British and proud.

Q: What is the advantage of direct payday lenders over brokers?

Here are some of the advantages of direct payday lenders over brokers. • No broker fee • Your personal information isn’t passed on • Better communication • You may get the loan quicker from a direct lender Payday Loans Net is a direct lender. Apply now for a decision in 90 seconds!

Q: How does PDNET compare to other payday lenders?

When choosing between a list of payday lenders, you want to ensure that you are getting the most suitable payday loan lenders in the UK for your needs. There are various factors to consider when choosing a payday lender. You will need to decide if you prefer payday lenders only, as opposed to using brokers. Moreover, you may be open to taking a loan abroad, or you might specifically want payday lenders in the UK. To help with your research, we’ve created a lenders list of payday lenders, including the APR rate that they charge.

Company name   


Where are they based?   

Payday Loans Net  


Payday lender UK   



Payday lender UK   



Payday lender UK   

Money Boat


Payday lender UK   



Payday lender UK   

Q: What are the FCA caps for payday loans?

The FCA introduced the following caps in 2014. 1. Interest and fees are capped at 0.8% per day of the amount borrowed. 2. Default fees capped at £15 3. Total cost of loan must not exceed 100% of amount borrowed After these regulations came into effect, some loan companies such as Cheque Centre Ltd were forced to shut down as their profit decreased significantly.

Q: Do all direct lenders perform a credit check?

Yes, every direct lender will perform a credit check on borrowers, to ensure that the borrower is eligible for a loan. If any lender claims to offer payday loans direct lender no credit check, they are not abiding by the law.

Q: How can I get to my wage day advance login?

To get to your wage day advance login with Payday Loans Net, simply log in with this link and enter your name and password. All the up-to-date information about your loan will show up automatically.

Q: What kind of payday loan can I get with bad credit?

All of Payday Loans Net loan products are available for bad credit as well. This includes payday loans direct lender bad credit, instalment loans bad credit, wage day advance bad credit and short term loans bad credit.

Q: Is a wage day advance loan the same as a payday loan?

Yes. It simply uses a different terminology for pay day. So instead of calling it a payday loan, some call it a wagedayadvance. These loans are repayable by the borrowers next payday or over 6 months with Payday Loans Net.

Q: What are payday loans meant to be used for?

When you thought you’d make it to the end of the month, but have somehow run short, that’s usually when payday loans come in. Often this happens when unexpected costs crop up, for example:
• High utility bills
• Car broken down
• Broken appliances
• Medical expenses
• Overdraft payment
If you need a payday loan, apply now with a direct lender.

Q: How can I see my loan balance?

Once you log in, you will see the information about your loan, including when your loan repayment is due and the remaining balance on your loan.

Q: Does Payday Loans Net offer payday loans for bad credit with no brokers?

Yes, you can get payday loans from lenders, not brokers with us. We are a direct lender providing direct loans from our account to yours. When you fill out your details on our application form, you can be sure that they are secure, and will not be passed on without your permission. If Payday Loans Net cannot accept your loan application, we have an option to send your application to other lenders to see if they can provide your loan. But until we receive the go-ahead from you, we will not pursue this option.

Q: How much do Payday Loans Net charge for late payment?

You will have to have sufficient cash in your account by 5 am on your due date for us to debit the loan on time. We debit the cash automatically from the debit card you register with us, unless you ask to pay by a process that is different. If the payment doesn’t go through, we give you a 24 hour period before you receive the missed payment fee of £15.

As a responsible direct lender, we always try to help our customers as much as possible. If you know in advance that you won’t be able to meet a repayment, please call us as soon as possible and we’ll do our best to come to an alternative arrangement.

If your payment fails, we’ll try to get in touch with you to learn what we may do to assist, and why the collection effort failed. Please call us straight away on 020 3006 6977 in the event you can not repay your loan on time. We provide an assortment of choices to customers having trouble repaying their loan. We also endeavour to deal with your situation in a manner that is sensible and helpful.

Any late payment may be reported by us to credit reference agencies. This might impact your credit score as well as your capability to borrow from us, or alternative lenders later on.

Q: What do I need to apply for a Payday Loans Net Loan?

To get a payday loan from us, you will need to satisfy the following requirements:

  • You must be over 18 years old and a UK resident in employment, receiving disability or pension benefit/living allowance.
  • Receive more than £750 after tax per month.
  • Have a bank account with a debit card that is valid.
  • Pass our affordability evaluation.
  • Match our credit standards.

Q: Does PDNET offer weekend payday loans from direct lenders in the UK?

Yes we do! While most people are snoozing in on Sunday morning, our underwriters are hard at work to ensure that our borrowers can get weekend payday loans in the UK. Payday Loans Net provides direct lender loans in the UK. You can apply for a loan with us at any time at all to receive an instant decision, and if approved, the money will be funded within three hours during our opening hours. Our offices are open Sundays through Fridays, and we will be happy to help you cover the costs of your Saturday night bash with our payday loans with weekend funding in the UK.

Q: Can I get guaranteed payday loans in the UK?

Do you need guaranteed payday loans no matter what in the UK? Guaranteed payday loans with no credit check in the UK could be very useful if you have a low credit score. However, the FCA requires all payday loan lenders in the UK to perform credit checks, so payday loans with guaranteed approval from direct lenders in the UK are not legal. Payday Loans Net are a good alternative to guaranteed payday loans in the UK, because we guarantee that we’ll do our best to help you! Even with a bad credit score. Apply now for short term loans for bad credit in the UK.

Q: How do I apply for a loan online?

To submit an application for a loan, please complete our online application here. Then follow these steps:

  • Click ‘Apply ‘.
  • Using our loan calculator choose your required amount of the loan between £200 – £2,000.
  • Ensure the monthly repayment(s) and total sum payable are affordable for you.
  • Complete the PDNET loan application form online.

Q: How can I find direct payday loan lenders only?

This is an important question, and it shows that you know about the different loan products available. If you are looking for payday loans from direct lenders only, you need to write that when you do your online search. Once you are on a lenders’ website, it should be blatantly obvious whether or not they are a payday loan direct lender in the UK. If they aren’t, then avoid at all costs, you want a lender who stands for clarity and transparency. Payday Loans Net are just that. We offer instant payday loans from a direct lender, and we aim to make your borrowing experience as straightforward as possible.

Q: Are PDNET new payday lenders who do no credit check?

Mistake. We run a credit check on all applicants, as required by the FCA. Consider why you require a payday loan from a direct lender with no credit check to begin with. If it is because you have a low credit score, have you thought about applying for our bad credit loans? They do the same job – only better. Apply for an alternative to payday loans with no credit check from a direct lender with no hidden fees. It’s free to apply.

Q: Can I get guaranteed payday loans for bad credit in the UK?

Borrowers cannot get bad credit loans with guaranteed approval from direct lenders in the UK. This is because lenders perform various checks on borrowers, such as a credit check and an affordability check. If a borrower has very bad credit, they may not pass these checks, and unfortunately, they cannot receive guaranteed approval for their bad credit loan. Direct lenders like Payday Loans Net have a high acceptance rate so you can apply today and we’ll let you know instantly if you have been approved.

Q: Can I get bad credit loans with no guarantor from direct lenders?

Yes, you can. Each lender has their own lending criteria, and some will require a guarantor for their payday loans. Payday Loans Net, your direct lender requires no guarantor for bad credit loans, or any of our loans for that matter. We want you to be able to get our loans as simply as possible.

Q: What can I do with my login?

If you are given a loan, Payday Loans Net will supply you with login details which permit you to:

  • Apply for another loan
  • See your present loan details
  • Pay towards your current loan
  • Update your personal information

Q: Is Payday Loans Net a licensed lender?

Yes! Payday Loans Net is a fully licensed direct lender. You can find the details of our license on the register on the Financial Conduct Authority‘s website.

Q: How long does it take for funds to reach my account?

We are a fast online lender and we are committed to getting your money to you in as short a time as possible. After approval, we transmit money to your bank account within just a few hours. If you do not receive the money, feel free to contact us on 020 3006 6977 and we will help you. Please note, funding is also dependent on your bank, cut off times and vacations.

Q: How much can I borrow from Payday Loans Net?

The largest sum Payday Loans Net offers for an instalment loan is £2000, but your approved amount will be different depending on your net income; your monthly expenses and other variables that we use to determine qualification. Having said that, it’s important that you only choose to borrow as much as you can repay on every one of your repayment dates.

Why choose Payday Loans Net?

We like to keep things simple. If you have any questions about the way we work, take a look at the FAQs below, or contact us. Ready to go ahead? Apply now and get a decision within three hours!

  • Direct lender
  • Bad credit welcome
  • FCA authorised
  • No fee to apply
  • Instant decision
  • Same day payment
  • Get up to £2000
Representative APR: 997%
Representative Example Loan Amount £500 | Borrow for 3 Months | APR: 997% Total repayment £863.24