You can get direct lender loans of up to £2000 from Payday Loans Net*. We are an FCA authorised direct lender, and we welcome people with bad credit. Our decision is instant, and if approved, you can get the money directly into your account from ours, on the very same day!
*if approved

Direct lenders and brokers are very different. Why should you go for a direct payday lender? Are direct lender loans really so different to broker payday loans? Read on to discover the differences between a direct lender and a broker.

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

Payday Loans Direct Lender

You need a loan, and you need it fast. The last thing you need is a confusing and complicated situation – yet that is usually exactly where you find yourself. Having bad credit can complicate things further – but even if you have a clean credit history, borrowing money is always complicated.

There are few things more complex, not to mention potentially confusing, than trying to navigate through the murky waters of borrowing money. There’s a reason that it’s often listed as one of the most stressful things that you are likely to do in your life. It can be particularly difficult when you’re dealing with an urgent loan since it’s likely that you’re already under at least some level of stress and pressure to begin with.

How much can I borrow with PDNET?

You can borrow anything between £200 and £2000, over a period of 1 – 6 months. You choose. When deciding on a loan amount, it is important to only borrow what you can afford, and an amount that you really need for your current expense. By using the loan calculator on our application form, you can to see exactly what the loan will cost you, inclusive of interest. This will help you to work out if you can really afford the cost of the loan. Note that taking out a loan higher than you can afford can result in you falling into a spiral of debt.

How quickly can I get with direct lender PDNET?

With Payday Loans Net, you can get a loan almost instantly. Once you send off your loan application, you receive an instant decision, so you know whether it’s time to explore your other options or not. If your loan application is approved, you can have the money with you on the very same day. We have a high acceptance rate on our loans, so it’s worth a go.

What loan should I apply for?

One of the most common hurdles that a lot of potential borrowers find themselves coming up against is that of trying to figure out all of the different types of lenders that seem to be available. In particular, many people find themselves incredibly unsure as to whether they should choose to go with a payday loans direct lender or a credit broker. In fact, many people aren’t even sure what those two things are in the first place.

Payday Loans Net is a direct lender who offers a variety of loans. Here are some types of direct lender loans you may be looking for in particular: is a new payday direct lender in the UK.
Payday Loans direct lender Short Term Loans direct lender Cash Loans direct lender
Direct Lender Loans
Payday Loans Net are a proud payday loans direct lender. If your application is approved, we will lend you the money directly from our account to yours. We always try to do same day funding
As a flexible short term loans direct lender, offer loans that can be repaid with several installments. We encourage our borrowers to repay their loans earlier, saving money on interest. Being a direct lender allows us to help you out as much as possible. is an FCA-authorised direct lender offering cash loans online direct from our account to yours. With same day payout at no extra charge, we’re ready to give you that cash boost you need, when you need it.

Is it important to shop around?

For a lot of people, these kinds of things are too complex and confusing. So, they prefer to simply leap head first into the entire process. They don’t pay much attention to the details beyond trying to get a loan on some fairly reasonable terms. There’s an argument that can be made to say that this isn’t such a bad idea, but it’s definitely not the way to go if you’re looking for the best possible deal. If you want to get a loan that’s going to work for you, then you need to know who it is that you’re actually working with – you need to know about direct lender loans and broker loans.

What are the differences between a direct lender and a broker?

If you want to make sure that you’re able to make the right decision, you need to be informed. Here is a list of eight practical differences between the way a direct lender uk works, and the way a broker works. There are definitely other differences along with these, but they are often fairly small and specific, and will likely just end up causing more confusion for you.

To understand the key differences between direct lender loans and broker loans, it’s important to understand what each of them does.

Direct lender definition – Simply put, a direct lender is anyone who can offer a loan. This can include banks or dedicated payday loan organisations. A direct lender is the one who makes the loan and provides the money.

Broker definition – Alternatively, brokers don’t actually provide the loans online themselves. Instead, it might be easier to think of them as a go-between, someone who acts as an intermediary between you and a whole host of different lenders. When you apply with a broker, you are only applying once, but that application is sent on to several lenders.

How do I know if a lender is legitimate?

One important thing that you need to be sure of when dealing with a broker rather than with a direct lender is whether or not they are truly legitimate. Before you even consider hiring a credit broker, it’s important to find out if they are authorised or not. You can easily find your broker’s full name on all of their communications, such as emails or letters, and you can use that to find out whether or not they are officially authorised by the Financial Conduct Authority (FCA).

Looking for a safe payday loan?
Apply now with Payday Loans Net, a fully FCA-authorised lender.

It’s often much easier to know whether or not a direct lender is legitimate. You can also find a list of accredited lenders as well as ones to avoid on the FCA website. With a direct lender, it’s also a good idea to get as much information on them as possible. Don’t ever borrow from any lender who is only willing to provide the bare minimum of contact information. If they aren’t willing to offer more than an email address or telephone number, that’s often a pretty good indicator that they have something to hide.

It’s always worth your while to check out a lender before choosing to give them your sensitive details. When you go with a broker, this isn’t always possible as you don’t know which lender (if any) you are going to end up with. Choosing your lender directly is often a more comfortable route.

Speedy loan applications

One of the major benefits of using a broker when you’re trying to secure a payday loan is that they contact many lenders at once for you, increasing your chances of finding a lender who approves your application. The main purpose of a broker is to contact lenders on your behalf so that you don’t have to spend your time going from company to company trying to find the best deal.

One the other hand, if you’re using a direct lender, then you will be getting the loan straight from them. Therefore, if you decide not to take out a loan with that lender, or you have your application rejected, then you have to go through the entire process of finding a lender and making an application all over again.

If you are looking for a direct lender bad credit loan, you may be more likely to be declined. A broker will submit your application to several lenders, which will save you from ‘doing the rounds’. If, however, you fit the criteria, have a decent recent credit history, and can afford the loan, you are likely to be approved with most lenders. So, you may as well just choose one for yourself. There are several different types of direct lenders you may be looking for:

What type of lender are you looking for? Is PDNET suitable?

Direct payday lender


Direct lender for bad credit installment loan


Direct money lender


Direct lender for bad credit personal loans


Direct lender for installment loans


Direct lenders online


What does a broker do?

A broker’s primary function should always be to try and get you the best possible deal when applying for a loan. They should spend their time going through different direct lenders and figuring out where the best deal is. Not only is this a matter of finding a lender who is willing to offer you a loan, but it also means that they should be paying close attention to the interest rates and repayment options. When it comes to payday loans, though, and speed is a huge factor in getting you a loan, a broker may be trying to get you a loan as soon as possible, rather than thoroughly exploring all the options for you.

When you look at direct lenders yourself, you have the advantage of being able to shop around for the loan rates and terms that suit you the most. The standard assumption that a broker can always get you a better deal is actually rather inaccurate. In reality, loan rates are always subject to the conditions of the market and the broker isn’t going to be able to affect those. Not only that but your broker may well be limited by the specific lenders he works with. So, there’s a chance you might be able to find a better deal working directly with a lender.

Furthermore, different direct lenders have different terms of repayment. You need to look around and pick the option that works best for your individual needs. A broker cannot know this, and the loan they offer you may not be your best option.

Different types of loans

There are many types of loans, and it’s best to know which type you are being offered.

What type of loan are you looking for? Do PDNET offer it?

Payday loans direct lender


Direct lender loans


Direct loans


Loans direct lender


Direct lender installment loans


3 month loans direct lenders


Does Payday Loans Net provide direct loans with no fees?

There are always going to be fees involved in taking out a loan. These are simply to cover the costs of processing the loan. However, if you’re working with a broker, then you may be subject to more fees since they have to cover their own working costs as well. Payday Loans Net is a direct lender, which automatically will mean that the cost of your loan is lower. What’s more, there are no hidden fees or costs on our loans. In fact, we encourage our borrowers to repay their loans early, thus saving them all the interest charges that they wont have to pay.

Generally, if you’re taking out a loan directly with a lender, then you’re likely to find that your fees are quite a bit lower. Of course, you often won’t have the benefits of a broker helping you to understand more clearly how the fees break down, but that just means that you’ll need to be a little more clued into exactly what your lender is charging. Most website nowadays will have all the costs explained clearly – and if they don’t, that’s not a lender you want to be dealing with.

Are there a lot of direct loan lenders in the UK?

There are quite a few direct loan lenders in the UK. However, there used to be a lot more. The FCA, introduced new financial regulations to the payday loans sector pushing many payday loans UK direct lenders out of the market. Since 2013, the payday loans direct lenders market has dwindled. All legal payday loans direct lenders now follow these FCA regulations. If they don’t, they are illegal and are loan sharks. You must avoid these loan companies at all costs.

Where can I find a high-acceptance payday loans from direct lenders?

Payday Loans Net is a high acceptance, instant payday loans lender. We consider all good, fair and bad credit rating applications as we believe a bad credit rating is the not the end of understanding customer’s current financial situation and affordability. We operate fully online, and we are a direct paydays lender that wants to ensure everyone has a fair chance to take out a loan.

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.

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.

Are Payday Loans Net licensed direct lenders?

Absolutely. As a fairly new lender, we pride ourselves in being able to start up our company on the foundations of the new FCA regulations. We are a trusted direct lender, fully authorised by the FCA. While deciding between a direct lender and broker, note that many brokers aren’t licensed to lend funds in any given location. Sometimes you may find yourself in a part of the country that a particular broker is unable to work in. If you’re trying to apply for a payday loan because of some emergency while you’re away from your home, then that could end up causing a problem.

The vast majority of direct lenders, however, can lend funds no matter where you are. It’s a fairly small factor but can certainly make a big difference when the time comes to make a decision.


As previously stated, there’s a degree to which a broker acts as a go-between. You often end up communicating indirectly with your lenders with the broker passing along the messages. This can be useful if you’re not in a position to spend your time discussing and debating things with your lenders but it can also cause the entire process to take longer since you have to spend time waiting for your intermediary to discuss things with the lenders and then come back to you.

If you’re borrowing from a direct lender, then all of your communication is going to be much more, for lack of a better word, direct. You no longer have to worry about anything getting lost in translation as it’s passed between parties, and anything that is said is heard and understood immediately.

Of course, this also comes with the potential for you to end up wading through no small amount of complex financial jargon and terminology. However, most responsible direct lenders online will present clear and easy-to-understand explanations of the loan terms on their websites. If they don’t, you’ll probably be better off with another lender who doesn’t look like they have something to hide.

Can I get bad credit or no credit check loans?

It could be tempting to get a payday loan with no credit check if you have bad credit, or if you don’t want a payday loan to mark your file. However, in the UK, no credit check loans are illegal. The FCA require that all lenders perform credit checks on their applicants. This is to ensure that the borrowers can afford the loan, and will not end up in a cycle of debt as a result of a loan they couldn’t afford. Still, instead of looking for a broker or direct lender no credit check, you can search for payday loans direct lenders bad credit to find a direct lender who will be more likely to accept you.

At Payday Loans Net, we accept applications for low credit scores too. Apply now for no obligation and an instant decision on your loan application.

If you don’t want a credit check marked on your file, you’ll find that this is impossible as all lenders need to perform a credit check. However, by going through a broker, you are likely to end up with multiple checks as each lender takes a look and decides whether to lend to you or not. So, if you’re looking for a broker or direct lender no credit check for this reason, then you may want to consider looking for loans with direct lenders only

Direct Lenders or Brokers

There is no right or wrong on whether or to take a loan with a direct lender or a broker. It simply comes down to your personal circumstances and what you think will benefit you the most. Either way, there are always risks involved with payday loans. It’s important therefore that you never take anything for granted or at face value. Be careful when considering interest rates and make sure that you do as much research into whoever you’re working with as possible to make sure that they are legitimate. Borrowing money from illegitimate sources carries a great deal of potential for serious personal risk, and it’s important that you take as many precautions as you can, no matter which option you choose.

Payday Loans Net

If you’re looking for a direct lender that you can rely on, then you’ve come to the right place. Payday Loans Net is a fully FCA authorised lender, offering instant direct loans with same day payout complete with 5* customer service. Simply choose a loan amount of up to £2000, and decide on a loan term that suits your circumstances. Don’t be put off if you have bad credit, because we accept low credit scores too! If you have any questions, take a look at our FAQ page – or ask us directly, we’ll be glad to help you.

Written by: Kelly R
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