Get payday loan decision within few minutes
We’ve all been in very difficult financial situations where we’ve been short on cash. Our service connects you with the money you need in a short amount of time.
There are many benefits of using the cheapest payday loans online from PaydayIOM®. It’s a fast and easy solution to those challenging financial situations you may be faced with.
Representative Example: Amount of credit: £500 for 3 Months. Total amount repayable of £823.26. Interest: £323.26. Interest rate: 292% pa (fixed). Representative 1192% APR (variable).
Safe and secure online form
All credit histories considered
No hidden costs
Dedicated Customer Service
Short term loan applicant requirements
*There is no guarantee that you will be accepted by a direct lender or that you will be offered terms suitable for your needs.
You must be a UK citizen and be over 18
You have a regular income
You have got a banking account and debit card holder
Be a mobile phone owner
PaydayIOM® works fast to provide approved applicants with their requested loan amount. We want our approved applicants to get the instant financial help they deserve. If you are wondering whether or not you qualify for a short term loan, simply fill out the application and wait for our quick response.
To give a better idea of how our interest works, for every £100 borrowed, 8% interest is charged. Early repayment saves you more money.
The process of getting fast loans is simpler than you think. Get started by filling in the online form and selecting the amount that you want to borrow. PaydayIOM takes care of the rest! If approved, you may receive your funds as soon as the next business day.
The short term loans offered at PaydayIOM® is a great solution for unexpected expenditures, such as auto service, healthcare and so on.
Q. Will it take long to have my money transferred? Does it take long to know lender’s decision?
Many creditors send money on the same business day, but your bank will take a few business days to process the amount.
Q. Are there any regulations on lenders?
Yes, there are. Loans providers are regulated by the Financial Conduct Authority.
Q. What is responsible lending?
Responsible lending means that the lender will lend to borrowers who have the financial ability to pay back their requested amount.
Q. What is different about your service?
We deal only with direct lenders who are ready to lend you your requested amount of money (should you be approved). All our actions are regulated in accordance with the Financial Conduct Authority. We’ve organised the process in such a way that we can keep watch over the actions of our lenders, so that no personal information will be shared without the client’s permission.
Q. How do we order our results?
It depends on how much they cost. The driblet is usually shown first. If there are sums of money of the same size, the first to come at random is chosen.
Q. How do we make money?
We make a small commission each time a client is introduced to the appropriate lender for his or her loan.
Q. Can an unemployed or self-employed person qualify for a loan?
It’s possible. You are to fill in the application form.
Distinguishing short term loan
This sort of a loan is referred to when a person needs urgent money, and the sum is to be paid back within a short time span. It can be done within a single paying back or divided into several installments.
Distinguishing Installment Loan
Comparing this sort of lending with the previous one, a borrower can reckon upon larger sums of money from £400 to £2000. Given credit is to be paid back within 3-18 months depending on borrowing.
Q. Is it achievable to get the money through my joint / savings / any other account?
Yes, you can.
Q. Should I resort to payday loans?
You should think through before resorting to the service. You can rely on us if you:
- Cannot solve your financial issue by other ways
- Cannot boast about your credit history
- It is of great importance to get the money
Please note: Payday Loans are not considered to be a cheap way of getting rid of financial burden. Study carefully about interest rates, and if you are ready and can it pay back in future, use the service.
Q. How does it work?
The amount of money which can be borrowed ranges from £100 to £2,500 and to be paid back within several months or all at once, depending on the lender and the amount of money you want to borrow.
In some cases, an additional month may be given (with the slight increase of your interest rates as well).
Q. What about getting cheapest loan?
You should consider the following:
- Sum of money you wish to borrow
- How fast you can pay it off
This is a loan that you can quickly pay off according to your ability.
Q. What if I fail to pay it back?
You have to discuss this matter with your lender. You will probably be offered a repayment plan.
Q. How will I know that I’ve been approved?
If you submitted all the required information and it is correct, then it won’t take too long to find out your status — from a couple of minutes to a couple of hours. Not weeks or months. In the case of having questions concerning your application, it can be a little bit longer.
Q. Is it possible to avoid credit checks?
No, it is unavoidable.
Q. What if I’ve been rejected?
You can verify these details with your lender. It might have been because of your poor credit history.
Q. Is it achievable to take a payday loan with a poor credit history?
It is possible, but much more difficult in comparison with good credit histories.
Why should you choose PaydayIOM®?
- You don’t have to travel far to get the secured loans you need. With us, the entire process is online.
- Our primary goal is to match you with a lender who can offer you the money you need.
- Loans are not guaranteed for those who have bad credit history or are unemployed, but you can still fill in the request form. We will try to do our best to find a good solution for you.
- Connecting with a lender is easier than you think.
Want to borrow money instantly?
If you deal unproven brokers you can come across with the following problems:
- The absence of FCA licence;
- Long term reply or its absence;
- The absence of client support;
- The absence of safety internet connection;
- Your personal information might have been captured by swindlers;
- False claims such as “instant money” and “guaranteed approval”.
Don’t do that!
Those who choose us benefit due to the following facts:
- Reasonable prices;
- Fair treatment of our clients;
- Direct lenders;
- With us, the entire process is handled electronically.
What can you anticipate from working with PaydayIOM®?
- Lending amount: from £100 to £2,500 is to be paid off within 1-18 months, depending on the sum of money that you wish to borrow.
- Lenders: we are dealing with proven, officially recognized lenders.
- Interest rates: no hidden costs, the cheapest interest rates that you might have found while surfing the Internet.
- The simplicity of the process: all that is needed from you is to fill in the request form and our lender will be matched with you.
- Approval: Of course, it cannot be guaranteed that 100% of applicants will get approved, but in majority of cases the site usersreceive positive results.
- Easiness of access: We are ready to help you 24 hours a day, working through the holidays.
- Free credit broker: both broker’s commission and application is free.
- Everyone can find a kind of lending that he or she is looking for: unsecured, personal loans; borrowing for applicants with bad credit history and so on.
- Well-developed customer service: if you are hesitant about this or that thing you can get free consultation. We are ready to clear up all the moments that worry you.
Lots of UK residents rely on us from year to year
Our service has more benefits than traditional banking systems. You will know our decision in a short amount of time, and if approved, you can receive your loans as soon as the next business day. All credit histories welcome to apply.
Who can resort to us? Everybody who needs money!
You can be:
- a single parent;
- an applicant on benefits;
For what occasions short term loan can be used?
You lack cash on hand for auto service
Paying off the existing debt