Need a loan, but only for a short period? Payday Loans Net offers short term loans of £200 – £2000 over 1 – 6 months. We are a fully authorised direct lender in the UK, specialising in short term loans for bad credit. Apply now for a fast decision and same day payout if approved.




Find out what loan you can get with Payday Loans Net:


Short Term Loans for Bad Credit

Everyone can apply for our short term loans, regardless of their credit score. We understand that it is easy to reduce your credit score, and much harder to improve it. If you haven’t been able to receive a bad credit loan with Payday Loans Net in the past, you can try again. We realise that your circumstances may have changed, and we judge you based on the present. You do not need a guarantor to apply for our short term loans for bad credit.


Where can I get short term loans with no credit check?


What is the difference between a short term loan and payday loan?

Short term loans with no credit check are illegal in the UK. You can only take short term loans with no credit check from a direct lender if they carry out minimal credit checks, and confirm that you can afford the loan. If you are wary that lenders will not want to lend to you because you have poor credit, try to borrow money from lenders who specialise in short term loans for bad credit, like Payday Loans Net.

Short term loans are pretty much the same as payday loans. In the past, payday loans were only repayable in one lump sum, on your next payday UK while short term loans were only repayable in installments. Most payday lenders, such as Payday Loans Net now have the option of paying back any loan over 1 – 6 months, short term loan and payday loan alike.





Short Term Loans UK

Payday Loans Net specialises in short term loans in the UK. We require that all borrowers currently reside in the UK in order to obtain a loan from us. If you have any queries or problems with your loan from a direct lender in the UK, which you cannot resolve on the phone, you can be calm knowing that we have a UK address which you can come to during work hours.


Can I get short term loans for students?


What are the best short term loans?

Students can apply for short term loans from Payday Loans Net. In order to be eligible, you need to be over 18, living in the UK, and have a steady source of income. It is important to ensure that you are using the loan for a legitimate and responsible purpose and that you have a plan of how you will repay the loan. This is because taking a loan when you are still young in your financial journey, and not repaying on time, can leave footprints on your credit report and make it harder for you to be approved for a loan in the future.

When looking for the best short term loans, you should compare lenders in the UK to find the one which is most suited to your needs. For example, if you are looking for of short-term loans for businesses, take into account how long you want to take out the loan, and for what amount. Remember that a payday loan is not always the best or cheapest form of borrowing. Before you confirm your loan, ensure it is the best option for you. Other borrowing options include borrowing from family and friends or credit unions.



Wondering who uses our loans? This infographic contains fun facts and stats about our borrowers!



Short Term Loans Direct Lenders

We are a direct lender offering short term loans, and you can apply with bad credit. People prefer our short term loans from direct payday lenders, rather than a broker, as there is no broker fee and you don’t have to worry about your confidential information being passed around. Also, you know which lender you are dealing with, in case you have to contact them directly.


How do I apply for short term loans online?


Where can I get cheap short term loans?

Applying for a short term loan online with direct lender Payday Loans Net is a simple and straightforward process, and entirely online. First you fill out the application form which you’ll find on our website. You will be required to provide some personal information, such as your income. The application form should only take a matter of minutes. Once you submit the loan application you receive an instant decision within 90 seconds. If your payday loan is approved, we aim to send you the funds on the same day.

The best way to find cheap short term loans is by comparing the price of different lenders. Here is an example of the APR of short term loans from different lenders.
Wonga 1,509%, Sunny 1291%,
Payday Loans Net 997%, Quick Quid 1294.9%.
When comparing prices, don’t stop at the APR rate or interest fees, because there are other factors to consider. For example, PDNET offers early repayment, which can save you money and may prove to be the cheapest loan for you.



Short term loans from Payday Loans Net

You can apply for short term loans online from Payday Loans Net at any time of day. Our loans are repayable over 1 – 6 months, and you may be eligible for £200 – £2000. Don’t let bad credit get in your way of applying for a short term loan in the UK, because you can apply with bad credit too. You can get an instant decision on your loan and we aim to fund on the same day during work hours. Enjoy the ultimate loan experience from a lender that cares.



Written by: Felicity Jones
The article "Short Term Loans" was last modified on