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

Am I Eligible?

THE CRITERIA FOR EACH LENDER WILL VARY DEPENDING ON NUMEROUS DIFFERENT FACTORS, WITH SOME OF THE LENDERS HAVING STRICTER CHECKS AND REQUIREMENTS THAN OTHERS. OUR IN-DEPTH REVIEW PAGES FOR EACH OF OUR FEATURED LENDERS INCLUDE A BRIEF SUMMARY OF WHAT IS REQUIRED WHEN APPLYING.

Basic Requirements from most Instalment and Online Payday Lenders:

  • Over the age of 18
  • Employed – full time or part time
  • Have a debit card and bank account
  • Have a working mobile phone
  • Be a resident of the UK

Does my credit score matter?

Yes and No. Most payday lenders run credit checks to determine a customer’s eligibility. Everyone has a credit score and this is based on how well your have paid other forms of credit in the past such as phone bills, utility bills, credit cards and other loans. So if you have a good track record, your credit score will be high and this may help your payday loan application.

If you do not have a good credit score, there are indeed some payday lenders that don’t need to run credit checks to make a decision. Instead, they look at things like employment, age and previous loan history to make their decision. Be sure to check the individual lender pages on our site to see if they run credit checks or not.

The alternative to this may be looking at guarantor lenders who cater for those with a less than perfect credit rating, where a guarantor will support you in your application and act as a security for the lender.


 All the lenders on our site are Direct Lenders

By applying through TheLendersList, we only feature direct lenders and not brokers so you will never be charged fees for applying.