Payday Loans from Direct Lenders.

£50 to £2500 paid out by 2:12pm

Fast 3 to 18 month online loans.

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100% No obligation loan quote

Accept and get your cash in 15 minutes

We don't charge any fees, ever!

We don't credit check


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Representative APR 278%.

Representative Example: £500 borrowed for 90 days. Total amount repayable £672.60 in 3 monthly instalments of £224.20. Total Interest £172.60. Interest Rate 140.0% (variable). †Once approved, your cash will be sent within 15 minutes. The time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures.

Are payday loans offered by all direct lenders?

The UK has seen a recent surge in demand for short-term loans. Once considered expensive and something of a last-resort, small-value, short-term loans are now considered an important part of the money-lending industry. As such, there are now many direct lenders offering a wide-range of different loans, as well as others who specialise in specific types of loans, such as no guarantor loans. Because of this, people looking to borrow money now have greater choice than ever before.

One of the most popular types of short-term loans are payday loans. As a result, payday loans are now offered by virtually every direct lender currently operating in the UK. What this means is that there are now many payday loans with competitive rates being offered by lenders; giving you greater choice than ever before and allowing you to choose which loan is best-suited for you. Of course, just as with any type of loan, you must always show caution.

It is important that you learn as much as you can about direct payday lenders; including whether they charge any hidden fees or not. To help you with this, we ensure that all of the lenders we feature are fully transparent in everything they do; ensuring there will be no hidden surprises.

How we compare

Why use us?
How much can new customers borrow?
Up to £2500
No fees, ever!
What are the repayment terms?
3 to 18 Months
No paperwork
Approximate monthly cost of borrowing £100
£13
No obligation quote
Percentage of people offered financial help
92%
Instant offer
Can I repay in installments
Yes
Flexible repayment
Do we credit check?*
No
No credit footprint

Ready for a quick loan?

Access £50 to £2500 today

Secure UK Site Secure UK Site

100% No obligation loan quote

Accept and get your cash in 15 minutes

We don't charge any fees, ever!

We don't credit check

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Trusted Merchant
Customer Rated

Direct Payday Lenders, why are they the best?

Direct payday lenders have appeared to help those who suddenly find themselves needing extra funds. These loans are often due in full when a person is paid; usually by way of direct debit. Using a payday loans direct lender has many benefits. As well as removing any ‘middle-men’ fees, many new payday loans lenders are often able to give you a decision anytime night or day. As such, they are often able to approve a loan and get the money into your account much faster than other types of lenders can. This makes direct lender payday loans a great choice for people who suddenly find themselves in urgent need of funds.

Not only will the entire process be much quicker with a payday loan direct lender, but it will also be easier as there will be less form-filling. It is of course very important that you trust the lender from whom you borrow from. That is why every direct lenders offering payday loans are required by law to be completely transparent in regards to every detail of the loan you are taking out.

How are payday loan lenders different to other lenders?

Most short-term loans are similar in regards to how much you can borrow and are also relatively similar in terms of the APR they offer. Perhaps the biggest difference between these types of loans is the type of repayment plan they offer. Payday loans are a specific type of loan designed to provide small amounts of cash over a short period of time.

Usually ranging from £50 to £2,000, these loans in general feature a very short repayment plan, often around 3 months; hence why they are called payday loans. Because payday loans are a form of short-term loan they do feature higher APRs than other longer-term loans. As such, payday loans should only be undertaken if you are sure you can repay the money back in the time period stated by the direct lenders.

Payday loans are often needed suddenly and without warning, modern lenders will work hard to get the money you need into your account as quickly as possible. To help speed up the process even more, New Horizons will quickly identify the best direct payday lenders for you and your situation. In regards to the lenders themselves, we only work with those that are fully-certified. This ensures that you will be treated fairly at all times and that you will be given full transparency regarding every aspect of the loan. Because there are so many payday loans lenders operating in the UK, you can now choose between large, well-known direct lenders or smaller, more specialised ones.

Payday loan direct lenders process

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Are there payday loan lenders for people with bad credit?

The short answer is yes. Many new payday loan lenders now offer loans that are specifically designed for people with bad credit histories. This is because lenders now understand that bad credit is no longer a true indication of a person’s ability to repay loans such as payday loans, meaning an increasing number of direct lenders now offer loans only for people with poor credit scores. Whilst this means that more people are getting access to such loans, it is still not guaranteed that you will accepted for payday loans because all authorised direct lenders are required to perform a credit check on you before a loan is approved. However, this does not mean that people with bad credit should not apply for a payday loan.

Created to help people with bad credit get payday loans when they need them, New Horizons does everything it can to match you with direct lenders that are right for you. This includes only recommending direct lenders that are authorised; thereby ensuring that all our lenders follow ethical lending practices. As such, even if you have bad credit you can still be fairly confident that your application will be approved.

Do direct payday lenders require a credit check?

The short answer is yes. While some payday loans lenders may claim to offer ‘no credit check loans’, the reality is that the FCA require every direct money lender, including those that claim to guarantee loans, to perform mandatory credit checks on anyone applying for a loan. What this means is that no matter what some companies claim, your application will always involve some form of credit check. Whilst this does not mean that you will be turned down for a loan if you have a poor credit score, it does mean that finding the right lender for you can often be difficult and time-consuming.

New Horizons understands and allows you to quickly and easily find and compare payday loans direct lenders only; enabling you to see which lenders are most likely to accept your credit profile before you apply.

No Credit Check Loan

Find your best rate loan without needing a credit check.


Our ‘Soft Credit Match’ technology matches your profile to over 50 Financial Conduct Authority (FCA) approved loan companies without leaving any mark on your credit record.

With no obligation & no cost – it’s the best way to find a loan with no credit check.*

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Can I be guaranteed to get a payday loan?

The short answer is no. This is because there is no such thing as a guaranteed loan as all applications must first be subject to a credit check. Therefore, it is recommended that you avoid payday loans that claim to feature no credit check as it is likely the direct lender offering them are not an authorised lender. As such, direct lenders cannot guarantee your application will be successful.

To help people overcome this problem, many direct payday lenders now use different criteria when assessing your application. Therefore, there are now a variety of payday loans for people with bad credit, with many direct lenders now offering very competitive rates.

To help people get as close to a guaranteed loan as possible, we will not only identify which payday loan lenders are best-suited for you, but we will also identify which lenders are likely to say yes before you apply. Whilst this of course does not guarantee that your loan application will be successful, it does mean that you will have a much better idea as to which lenders will say yes.

Do payday loan lenders charge more?

Unfortunately, yes. Because payday loans are generally required to be repaid quickly; often in one month, payday lenders in the UK often charge high APRs. However, these high APRs can often be misleading. Whilst such APRs are often very high compared to other types of loans, the figure is not a true reflection of what you will have to repay. This is because the APR of these loans is calculated for an entire year, yet most payday loans are repaid within one month. To help clarify this, most lenders nowadays offer a quick online calculator that will show you exactly what you are borrowing and what you must repay.

Payday loans can be a quick and effective way of borrowing a small amount of money over a short period and are often much less expensive than most people think. However, as with all loans, you must ensure that you can repay the money in the time agreed as failure to do so can lead to charges that will increase the amount you owe. As with all loans it is recommended that you quickly tell the lender if you think you will be unable to make a prepayment. Understanding that this can happen for a variety of reasons, most lenders will work with you to find a solution.

Who is the best payday loan direct lender?

Here at New Horizons we strongly believe that the best payday lender is the one most suited to your specific needs. In the past, people looking for a payday loan were more likely to simply say yes to the first lender that approved their loan because of the difficulty in securing such a loan. This meant that most payday loans were expensive and featured unfavourable repayment terms. Thankfully this is now changing.

With so many payday loan lenders now operating in the UK, these lenders are offering much more attractive deals. Using your information, we will quickly compile a list of lenders we feel are those best suited to your specific needs. This means that you can now easily compare payday loans and choose the one you think offers what you are looking for. Such choice includes payday loans that are repaid immediately or over a longer period, as well as those that require a guarantor and those that do not. As such, you will be in a much better position to ensure you get the very best payday loan for you.

Do all payday loans have to be repaid after one month?

Traditionally, payday loans were required to be repaid after just one month. Whilst most payday loans are still required to be repaid in this time, there are now options available. Understanding that repaying a loan in just one month is not a viable option for some people, many payday loan lenders now offer payday loans that can be repaid over 1 – 6 months. This allows you to make smaller repayments; enabling you to spread the cost of the loan over a period that is better suited to your budget and requirements. Of course, not all lenders offer this option so you need to shop around to see which ones do. To help you do this, we can quickly compile a list that allows you to easily identify and compare such loans.

How do I find a payday loan direct lender?

There are many ways to find a payday loan direct lender. Direct lending is simply a form of money lending in which lenders, including banks, provide loans and do so without the use of an intermediate such as a broker or private equity firm. One problem with such lenders is that it can often be difficult to compare what new payday lenders offer.

New Horizons allows you to easily compare payday loan direct lenders; giving you straight forward access to the best payday lenders in the UK. To help you get the right loan for you, we also allow you to search for your loan without the worry of your credit record being negatively affected. This process is called Soft Credit Match. What this means is that you can search for which lenders are most likely to give you a loan before you even apply. This allows you to search more extensively for the best new payday loans lenders without having to worry about your credit score being negatively affected by your application being turned down.

Ready for a quick loan?

Access £50 to £2500 today

Secure UK Site Secure UK Site

100% No obligation loan quote

Accept and get your cash in 15 minutes

We don't charge any fees, ever!

We don't credit check

Feefo Feefo

Trusted Merchant
Customer Rated