Frequently Asked Questions

What is a Payday Loan? Show || Hide
A Payday Loan is an unsecured loan. It is a short term loan that you pay back when you next get paid. Payday Loans are therefore only borrowed for a matter of days or maybe 2 or 3 weeks.


How do Hour Payday Loans get me a loan? Show || Hide
We have extensive knowledge in the UK Payday Loan market and have relationships with many lenders and brokers. We are constantly updating our product range so if you have been declined before it does not mean you will necessarily be declined again. We simply find the best deal for you and make you that offer. Then it is your choice whether to accept the loan.


How do I know if I will be approved? Show || Hide
Applying is the best way to find out if you will be approved. However, you should be living in the UK, 18 years old or older and earning £750 per month or more. If that sounds like you then it is worth applying.


How much can I borrow? Show || Hide
You can borrow between £100 and £1000. Existing payday loan customers may get approved more than new customers.


When will I get my loan? Show || Hide
We aim to get you your loan the same day you apply – sometimes within the hour. If you have been approved after 3pm then you may have to wait until the next working day.


How do I get my loan? Show || Hide
Your loan will be paid directly into your bank account.


How do I pay back my loan? Show || Hide
This will be done for you. A Direct Debit from your account on your pay day.


Need to borrow more than £1000? Show || Hide
A Payday Loan may not be your best solution. We are partnered with Loan Machine who can offer Tenant Loans and Homeowner Loans as well as Debt Help and Debt Advice.

Representative APR Example: 1737% APR variable. £300 borrowed over 1 month would equal total borrowing of £375.
Actual Interest is 25%.

Terms and Conditions apply. Actual APR charged will be determined by the lender you are placed with. Typical 1737% APR. Actual time to approve your loan will depend on your credit score and who the loan lender is. You may be credit checked as part of your application. Payday Loans should be used for short-term lending only and not as a long-term financial solution. Not all lenders will be able to offer a 100% online option or be able to offer free same day transfer of funds. In some instances extra documentation may be required.

Loan Machine Limited CCL: 0576459 DPA: Z9250764 © 2008 Today Loan - All Rights Reserved.

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