Welcome to LoanJuice.com

Borrow upto £1000 today!


Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

New Payday Lenders 2018

New Payday Lenders 2018

As one of the growing and most popular forms of borrowing, new payday loans 2018 are making a stir in the world of finances. You have probably heard of payday loans by now and the fact that they can help you out of a sticky situation, so why not join the ranks of people taking out new payday loans? New payday loans companies 2018 are springing up all over the internet and there are many different types and different companies, meaning that you are sure to find one that suits your needs.

New Payday Lenders For You

Anyone can apply for new payday loans, and the majority will be approved. As long as you:

-Have a bank account that can cope with electronic transfers;

-Are a UK resident;

Are over 18;

-Take home more than £500 per month in your wage packet;

then you stand a very good chance of being approved for a payday loan. Even a poor credit rating need not put you off-if you have been refused credit in the past there are a whole host of new payday loans that can help, and many that specialise in low credit lending.

What Can I Use New Payday Loans For?

There is no set rule as to what you can use a payday loan for. We all experience times of financial struggle, so you will not be judged on why you need a bit of extra cash. The ideal time for taking out new payday loans is when you are staring at piles of bills that you just cannot cover with your wage packet, or when a totally unexpected cost-like a car breakdown or a house repair-rears its ugly head. 

This being said, there are times when you may be short of money for no real reason, and this is also a good time to apply. New payday loans are available to just about anyone and can be used for just about any financial emergency. They can help you out when there is no other option and things seem hopeless.

Bank Loans vs New Payday Loans

A bank loan is a helpful tool, there’s no doubt about that. However, compared to new payday loans there are disadvantages to a loan from a bank or other source:

•Bank loans can take a very long time to process and approval is by no means guaranteed.

•The application process is long and drawn out; it requires much filling in of forms and can often drag on and on-unlike a payday loan, which is a very simple online form and a few clicks of a button.

•New payday loans are borrowed and repaid very quickly, unlike a bank loans where repayments can stretch out over several years.

•New payday loans 2018 are available at any time you need them-even in the dead of night when all other lenders are sleeping. You can apply for a payday loan at weekends, bank holidays, day or night-whenever you need a bit of extra cash.

•Taking out a bank loan requires you to spend time in a bank, potentially queuing for hours on your day off, whereas new payday loans can be accessed from the comfort of your own home.

•A decision on your payday loan application is reached very quickly, unlike a bank loan which can take weeks to approve you-and even then approval is by no means guaranteed.

Repaying New Payday Loans 2018

This is a very important part of the loans process. There are a great many benefits to repaying your payday loans on time and in full-

-You will pay less interest

-You are more likely to be approved for other loans in the future

-You will not have debts hanging over your head

The terms for repayment will be set out before you are even approved for your loan, so you don’t have to worry about not being able to find the money. You don’t even have to remember to pay it back-a set amount will be taken directly from your bank account on the date you specify, making this an extremely easy and convenient form of borrowing.

Another point worth remembering is that if you find you are having difficulties repaying your loan, you should always speak directly to your loan company. You may find that they are able to help you by freezing repayments until such time as you are able to continue repaying-in the meantime you will still be paying the interest charges but this may not be as much as the repayments themselves. It works out cheaper for you if you repay on time however, so do try to make sure that you will be able to meet the repayments.

New Payday Loans and Your Rights

Although you may have heard horror stories about 2018 new payday loans, the fact is that they are all above board, legal and monitored by independent financiers, meaning that there will be no problems or unpleasant loopholes with your loan. You borrow and repay the money and it’s as simple as that! Your sensitive data will be protected on secure websites, and you have nothing to worry about with regards to fraud or identity theft.

Is There a Catch To New Payday Lenders 2017?

The simple answer is NO. The only small downside to all types of payday loans is the very high interest rates-but these are only so high because of the short term repayment plan. As long as you ensure that you repay on time then you will not end up paying much more interest than you would with a bank loan-it’s just that the payments are spread over a much shorter space of time.

When you are struggling for cash, the bills are building up and there’s still a way to go before your wages arrive-even when no one else can help, all forms of new payday loans are right there at your fingertips, ready to help you out and give you a bit of essential breathing space. As with any loan, only borrow what you can afford to repay, payday loans are a short term financial solution only.



Online Application

1. Apply Online

2. Decision Online

3. Loan Transferred

  • Borrow up to £1000.
  • Simple one page application.
  • All circumstances considered.


Apply Now >


APR Explained

Rates between 45.3% ARR to maximum 1575% APR

Representative 277.6% APR

Representative Example:

Amount of credit: £850 for 11 months at £146.30 per month.

Total repayment of £1,609.25. Interest: £759.25.

Interest rate: 150% pa (fixed). 277.6% APR Representative.

APR rates range from 45.3% APR to 1575% Max APR. Your APR rate will be based on your circumstances.

FCA Reference Number: 747184

Data Protection Act 2018: Z3565851