Applying for Payday loans is simple.

The process is online start to finish and there is no need to fax or send any documents to get the cash transferred into your account. You must have access to a PC, MAC or Smartphone to apply online and your own mobile phone to send and receive texts so your loan can be activated. You can save and print a copy of your loan agreement from your PC, MAC or Smartphone.

• To begin, use the slider above the Apply Now button on the web pages so you can decide how much cash you want to borrow and see what the full cost will be. If you are happy with everything, click on the Apply Now button. We will ask you for some personal details, what you earn and your bank information so we can confirm you qualify for a Payday First loan.
• We usually provide you with an instant answer by SMS Text and a code if you have been provisionally approved. You complete your application by replying with the text code and when this is accepted a unique PIN code will be sent to you by the Payday First lender. You can then activate your loan securely and get funds transferred to your bank account on the same day.
• You can initially request any amount up to £500 although the Payday First lender will usually restrict the amount for first time customers. Providing you use the service responsibly, you will be able to request a further loan and over time you will increase your Payday First trust rating which will give you more borrowing flexibility in the future.
• Remember a Payday First loan is repaid on your next payday, usually up to 30 days after the day you take the loan. A single payment is collected from your debit card so you need to ensure that the required funds are available in the bank account on that day.
• Please read on for more introductory information or check out the FAQ’s page for answers to commonly asked questions.
• Payday First lenders only provide fast cash loans for a few weeks or a month. We do not want you to be in debt for any longer than you need so there are no extra charges if you want to repay your loan early. Payday First lenders will not continuously roll your loan over or want to take minimum payments while adding further charges each month as you will be expected to repay the loan on the date you agreed to. If you are unsure as to whether you will be able to repay the full amount on the agreed date you should reconsider whether a payday loan is right for you.
• Payday First lenders are transparent because they will always show you what the cost of your cash advance will be upfront. There are no extra, hidden costs as long as your repay your loan on the date you agreed. The cost of a Payday First payday loan is a typical £25 for each £100 borrowed for up to 1 month, this is 1737% APR Typical. For more guidance on what the APR means see the section ‘What is APR’.
• However remember that Payday First lenders will charge you extra if you do not repay your loan on the agreed date. For example if you ask us to change your repayment date, or don’t ensure sufficient funds are available on the agreed date. If the lender cannot collect payment from your debit card on the date you agreed you will be charged up to £25 for missing the agreed payment and if payment remains outstanding and the lender is required to send you a letter a further charge of £25 for each letter will be charged.
• It is very important that you repay your loan on the agreed date but if you are experiencing difficulties you should contact the Payday First lender immediately. They will do their best to come to an arrangement with you and help you resolve things. Payday First do not want you to incur ongoing charges like you would with many traditional lenders or banks but extra interest and charges will continue to accrue on your account for the month after when you are overdue. If you don't work with the lender to repay the money over a reasonable period, your account may be passed to external collectors.
• Failure to repay a loan will mean that the lender may inform credit reference agencies (CRAs) who will record the outstanding debt. This information may be supplied to other organisations by CRAs and fraud protection agencies to perform similar checks and to trace your whereabouts and recover debts that you owe. Records remain on file for six years after they are closed or defaulted.
• Finally, your Payday First trust rating will be badly affected so you will probably be unable to borrow from a Payday First lender again. If you have any doubts about whether you will be able to repay a payday loan you should not apply.