Looking for loans from a direct lender in the UK? You can apply for short term loans of up to £2000 from Payday Loans Net. We are an FCA authorised direct lender, but that doesn’t mean that you can’t apply if you have bad credit. All loan applications receive an instant decision and, if approved, the loan amount can be in your bank account within 24 hours!





Direct Lender vs broker

When you submit loan applications online, you can either use payday loan brokers or direct payday loan lenders. So why choose a direct lender?

If you think about it, applying with a broker basically means going through a middleman. By using a direct lender, you are cutting out the middleman, thus making the process way quicker. There are even 15 minute loans direct lenders, but these are mostly for smaller amounts. Still, most reliable direct lenders in the UK will at least fund the loan same day!

Here you will find answers to the following questions, and more


It’s important to remember that although instant loans direct lenders can offer an easy way out of a sticky situation, they should not be relied on as a long term solution.


Loans for very bad credit from direct lenders

Bad credit can be such a bummer as most UK creditors won’t lend to you even when you really need it. Lucky for you, bad credit doesn’t always matter when you apply for a payday loan direct from Payday Loans Net. We prefer to look at the positives, so if you can afford to repay the short term loan, you already have a high chance of getting one even with bad credit. Since our loans can be paid in installments, they are more affordable (and therefore easier to get approved for). You can repay our loan monthly in up to 6 installments.


Can I get loans for bad credit with no guarantor from a direct lender?


I need a £100 loan with no credit check from a direct lender. What now?

Yes! We are a UK direct lender and all our loans are no guarantor – guaranteed! At Payday Loans Net, we hate to make things more complicated than they need to be. When applying for bad credit direct loans with no guarantor through us, it will only take 3-5 minutes and the whole process is 100% online. No guarantor, no paperwork, no hidden fees. If you need a longer-term loan, like a 12 month loan for bad credit, you may need to look for a guarantor loan instead as long term loans are uncharacteristic of no guarantor direct lenders.

No credit loans are illegal in the UK, so no authorised direct lender will issue you one, even for just £100. If you have bad credit, you don’t need to worry as lots of online direct lenders specialise in bad credit.

Some companies will tempt you with text loans – loans that you apply for via text. These could be dangerous if you are not supplying enough information for the company to run proper checks. Some text loans direct lenders for bad credit are legit, but make sure to check before you apply. You can check a company’s credibility via their authorisation number on the FCA register.





A broker or a new direct lender?


Loans Brokers

  • Payday brokers can not lend you money!
  • Loan brokers are not qualified to be a payday lender
  • A Payday brokers business is to sell your loan application data
  • You don’t know where your details end up
  • Many lenders may be able to see your details

Direct lenders UK

  • A Payday loans direct lender can approve and get you a loan
  • Direct lenders manage the entire lending cycle
  • Best Payday loans direct lender offer instant decision online
  • Direct lenders must be authorised by the FCA
  • You have full control over your loan

Online loans direct lenders


Trying to find loans from payday lenders, not brokers, can prove to be challenging. When searching online, it is not always clear who is a broker, not a direct lender. Many brokers in the UK target borrowers who are specifically looking for a direct moral lender. Before borrowing online, check that you are applying with a trusted direct lender who can lend you the money directly.


Payday Loans Direct Lender

Welcome to a league of new payday direct lenders in 2018! We know that payday loan lenders have failed UK consumers miserably in the past, but we’re here to change that. As a new payday loan direct lender born into the FCA era, we assure you that we are a safe and trustworthy source of credit. Of course, if you thought payday loans were a perfect credit solution for your money problems, think again. Payday loans have a high interest rate and are only designed for short term use.


Where can I find high acceptance payday loans direct lenders?


Can I get instant payday loans from direct lenders?

Payday lenders with high acceptance rates are those that will accept you with good or bad credit. Despite the credit checks and assessments that we carry out, we still approve lots of people with bad credit in the UK, so we like to think we have quite a high acceptance rate. Remember: No direct lender can ever guarantee you a payday loan without doing a credit check first. In doing so, they would be breaking the law.

Every direct lender is required by law to perform a series of checks before approving a loan application. Despite this, we work hard to make the experience as instantaneous as possible. First of all, our application form is accessible 24/7 on our website. As well, Payday Loans Net uses an advanced algorithm that will give you an instant decision online within 90 seconds. If approved, we use a Faster Payment Service to fund the cash loan into your bank account on the same day.


Loans Direct


Loans direct refers to a loan that is taken from a direct lender as opposed to a broker. A Loans direct generally refers to payday loans or short term loans, depending on the length of time you are borrowing the money for. The process for online loans direct is simple, but one that should be done cautiously. First, research your lending options. Decide which loans direct best suits your needs, payday loans, short term loans or personal loans. Compare the different terms and costs for each of the loans direct lenders, and ensure you’re getting the best option.



Will I find direct lender loans at Payday Loans Net?

If you’re looking for a payday loan lender that you can rely on, you’ve come to the right place. We are a direct lender, and provide instant direct loans with same day payout for loans of up to £2000. You can apply with Payday Loans Net even if you are unemployed or on benefits, and we accept low credit scores. If we cannot offer you a loan, we will ask you if you want us to try and find you a lender who can. Of course, you don’t have to agree. If you do, however, you can feel safe knowing that we only work with trusted and fully authorised direct lenders.



Written by: Felicity Jones
The article "Direct Lender" was last modified on