Payday Loans Direct Lender

Is it better to deal direct with the lender?

Warning: Late repayment can cause you serious money problems. For help, go to
Credit intermediary not a lender. Representative Example: Amount of credit: £1000 for 11 months at £102.22 per month. Total repayment of £1226.64. Interest: £226.64 Interest rate: 47.5% pa (fixed). APR rates range from 9.3% APR to 102.5%.

What is a 'Payday Loan Direct Lender'?

Simply put, a direct payday lender is an organisation that can provide loans to customers without involving an intermediary. In this case, the direct lender offers the loan directly to the customer, and the customer makes payments directly to that lender. Some loan companies may require customers to go through a lead provider, affiliate, or broker to access their services. With a direct lender, customers have the assurance that their access to the lender is unfiltered, often resulting in a higher level of trust between the lender and the borrower, fostering a stronger, long-term working relationship.

Since 2016, the number of unsecured direct lenders in the UK has significantly decreased, going from nearly 300 to approximately 2. This doesn't mean there are only 2 lenders in the UK, but rather, there are only 2 lenders who are willing to accept loan applications directly from the public. This shift is partly due to lenders' preference for keeping their customer-facing brands separate from their lending operations, especially within the payday loan industry.

Finding the Right Direct Payday Lenders in the UK

No matter how much planning and budgeting you may do, many individuals can still find themselves in circumstances where they need emergency funding. But how do you ensure that your lender is the right direct payday lender for you? It helps to do a little research. Consider each potential lender's history and track record with their customers. Oftentimes, customer testimonials will give a clear indication of the kind of product and services you can expect.

QuickQuid has a strong history of good customer service, and we continue to find new ways of making sure our customers get the help that they need. We have worked hard to create an online application process with a focus on remaining straightforward. And with our lenders sending funds to approved customers within 10 minutes after approval,§ customers can handle their urgent funding needs.

Defining a payday loan

payday loan gets its name because it is often used to get the borrower from one payday to the next. What this means specifically is that the loan amounts for a payday loan tend to be smaller.

Payday loans tend to fall into the category of "unsecured." This means that if a loan is granted to the borrower, no collateral is required. Collateral generally is considered to be an asset owned by the borrower that will be taken in the case that the borrower can't make their repayments on time. For many borrowers, not being required to put up their assets is desirable, and while unsecured loans come with their own stipulations, they remain an option worth considering for many.

How do I find the right payday loans direct lenders for me?

Start by assessing your circumstances. Do you need a loan immediately or can it wait? Do you need a smaller amount or a larger amount? Are you searching for a "bad credit loan"? Once you've determined your needs, start researching different direct lenders. Look at the flexibility of their offering and get an idea of their customer service.

One of the most important aspects of a borrower/lender relationship is feeling comfortable and confident that your lender has your interests at heart, and determining this can be tricky. Try chatting with a customer service representative on the phone, or check the company's website for customer testimonials. Before you start a partnership, it's important to feel confident with the lender you're joining.

Why QuickQuid?

With authorisation under the Financial Conduct Authority, QuickQuid is a payday loans introducer to direct lender's focused on taking care of its customers. Our lenders offer 1 - 24 period repayment options, giving our customers flexibility to create a loan that works for their personal circumstances.

With loan amounts available for new customers up to £1500,† and up to £2000† for existing customers, QuickQuid arranged payday loans are ideal for covering emergency expenses and sudden financial dilemmas, if approved.


We're back! QuickQuid returns to assist UK consumers with their financial needs.