LAST UPDATE 15.03.2018

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: When should I use online payday loans?

Becoming overly reliant on quick loans online can often get you into a precarious and potentially dangerous financial position. Make sure that you consider your personal circumstances carefully before you decide which emergency finance option is right for you, and never take out any form of loan or credit if you have any doubt that you’ll be able to pay it back.

Q: How can I improve my credit score?

Paying back the money responsibly on your credit card can have a very positive impact on your credit rating overall. Lenders will see that you’ve paid back the credit card reliably and this can cause them to be more likely to approve your online loan and give you better interest rates. Paying off debt and keeping the balance low on your credit card will help you to improve your credit score too.

Q: Should take a payday loan with no credit check if I’m desperate?

A credit score is often the biggest barrier that many people have between them and successfully applying for a loan. Nevertheless, even if you’re desperate, online loans with no credit check are a big no-no. Money advice service can offer you debt advice if you are in debt, and they can help you to explore your other options.

Q: How do I know if an online loan is from a direct lender?

The first thing to look for when using online loan lenders is to check they are direct lenders and not brokers. It is usually obvious by checking the websites home page for the words direct lenders. Generally, a lender would be proud to offer online payday loans from direct lenders; so it should be highlighted on their website somewhere.

Q: Where can I apply for a £2000 loan online?

You have come to the right place. Payday Loans Net is the place to apply for a loan online, of any amount between £200 and £2000. We are a direct lender that operates fully online.

Q: How do lenders decide if I can afford a loan?

All lenders carry out an affordability check on all applications, to see if the borrower can afford to take online loans in their current circumstances. Lenders base the affordability assesment on the information on the application form and the information provided by the borrowers credit bereau.

Q: Does Payday Loans Net offer instant loans online?

Almost. The initial decision is instant, and you can receive the money very fast. When a company proposes to send you the instant loans online, this usually means is, you have the cash at the end of 24 hours, although it also depends on your bank.

Q: Who should I contact if I have problems with a payday loan company?

Ideally, you should try to settle the issue with the company itself as it is in their best interest that you have a satisfactory experience when you apply for a loan online with them. Explain clearly what the situation is, and why you feel that you’ve been treated wrongly. If you have tried that and are still not happy, you should contact the Financial Ombudsman Service. If they see that you were not treated correctly by a lender, they can order them to compensate you.

Q: What does a loan calculator do?

A loan calculator helps you to better understand the costs of online loans with monthly payments. It shows you the amount you have to repay, and what the difference in cost will be depending on the length of your loan. Our loan calculator is easy to use and clear to understand, and you will find it when you press apply now.

Q: What is the difference between payday loans and short term loans?

Payday Loans online
When you just need some money until payday, payday loans online are a great option. With only one month to repay, your interest is going to be lower than a longer repayment period.
Short Term Loans online
Short term loans online are a more flexible alternative, allowing repayments of up to 6 month. This can help you to spend more time arranging the money for repayment.

Q: Can I trust payday loan reviews?

As with reviews for any product, you'd like to think the reviews are legitimate. You may find a case where a companies' employees are writing 5 star reviews to try and boost the good reviews, but the vast majority of reviews will be legit. In the case of loans direct, if the company is FCA authorised, you can usually be confident that the reviews and the terms are genuine.

Q: What are the advantages of short term loans direct lenders?

When researching your borrowing options, you will notice that different lenders offer different loan terms. Short term loans direct lenders UK have an added bonus over payday loans, as they are repayable over longer periods. With Payday Loans Net, you can choose to get 1 month loans or 6 month loans direct lenders. Repaying over more months gives added flexibility, as it allows more time to save money for repayment. On the other hand, the longer you pay, the more interest is added. Therefore it is important to make a logical choice of how long you really need the loans direct.

Q: How can I get a new password?

If you’ve forgotten your password, simply click ‘Forgot password or NEW USER’ in the login area. For safety reasons, you will be required to refill some of your details, then you will be able to create a new password. Note that you will often not have the same measures of security from no credit check loans direct lender, and therefore it is crucial that you only provide your personal information to reliable sources.

Q: Why was my application not approved?

It can be very off-putting to have your payday loan application declined. This can happen for a number of reasons. Primarily, it is because the FCA does not allow payday loans direct lender with no credit check. This means that we perform a credit check on all applicants, and as a result, not everyone is eligible for our loans. Still, there could be other factors that have caused your application to be declined, and it is worth trying again after a few weeks. We do accept applications for bad credit, so don’t let that put you off.

Q: Can I repay my loan early?

Certainly! And you only gain, by getting a cheaper loan. Payday Loans Net encourages borrowers to repay their loan early. And unlike many bad credit loans UK direct lenders, we will actually help you to do so, by lowering the amount of interest you have to pay. This way, you only pay for the time you took out the loan.

Q: Can I take out multiple loans at once?

No. In order to get a payday loan, you need to show that you are able to borrow responsibly. If a potential borrower requires multiple short term loans bad credit from direct lenders at once, it exhibits poor financial management, as payday loans should only be taken if you know you can repay the loan. If you are struggling financially, you can get free expert advice from moneyadviceservice.org.uk.

Q: How long does it take to get a loan with PDNET?

With PDNET the entire loan process is quick. Our application form takes minutes to fill out. Once submitted, you will receive a decision on your loan almost instantly. With payday loans UK direct lenders Payday Loans Net, you can usually get your loan on the same day as approval. payday loans UK direct lenders

Q: Are loans for bad credit with no guarantor or fees from a direct lender available?

There is no reason why a direct lender should be charging any fees for an application. Why penalise people if they haven’t even got a loan yet? Furthermore, many direct lenders in the market offer no guarantor loans. It is obviously a much faster process. But consider the likely possibility of your application getting rejected if you have a bad credit score. This is because it poses a great risk to the direct lenders.

Q: What does a short-term UK loan from a direct lender mean?

There are short term loans from direct lenders, usually for a year and long-term loans from direct lenders that last for longer than one. The option to use short-term direct lenders as opposed to a broker means that it will be much quicker, and you can communicate directly with the lender. If you use a broker, this will not always be possible. For short-term loans, you want it to be dealt with swiftly and personally to avoid misunderstandings.

Q: Do payday loans UK with same day cash exist?

The quick answer is yes! The good news is, you are in the right place. Payday Loans Net offer UK payday loans on the same day. What we mean by same day is that you will receive your loan within 24 hours, if your loan application is approved. This is because we understand the urgency in your application and how you require the money as quickly as possible. We are a same day payday loans direct lender in the UK that cares about you and your financial situation.

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