Piggy Bank Payday

1270% Representative
Loan amount:
£100 to £1000
Loan term:
7 Days to 5 Months
Loan type:
Short Term

Piggy Bank Payday is a short-term lender centered on honest and responsible lending practices for each their service. As an online lender, all applications may be completed online anytime, any day and from any system that may keep an internet connection. This gives borrowers with flexible options irrespective of if a financial emergency might happen.

For Piggy Bank Payday to function as a responsible lender, potential borrowers will be subject to credit checks and necessary affordability calculations before funding being accepted. This makes sure that borrowers can repay the borrowed funds without any undue hardship based on their current circumstances. All applications are processed through a secured system and also therefore are assessed for indications of fraud.

Transparency is an integral principle in Piggy Bank’s business operations, and also the online calculator can give you a particular breakdown of the terms of a loan depending on the sum borrowed and the duration of the loan. Repayment could be scheduled as little as seven days and up to five months.

Approved borrowers can get funds in as little as one hour and online account access is provided automatically. Multiple repayment alternatives are available, and borrowers can repay loans so as to lessen the overall amount of interest paid. Partial payments will also be accepted to help lower the debt obligation associated with the account.


Piggy Bank Payday Criteria

Age Requirement
Debit Card
Credit Checks
Other Requirements
See Website
Same Day Transfer Available
Loan Value Available
£100 to £1000
Representative APR
Loan Length
7 Days to 5 Months
FCA Registration Number
Loan Example
Loan amount £265 repayable over 2 months. Total amount repayable £354.42 in 2 payments of £171.21. Interest 292% p.a. fixed

Piggy Bank Payday Review

Piggy Bank Payday accepts applications 24/7 via their online application procedure. The first time borrowers are qualified for amounts ranging from £100 to £400, while returning borrowers may qualify for amounts up to £1,000.

After a loan has been repaid, borrowers are entitled to apply for a new loan with Piggy Bank Payday. Any subsequent loans will call for new credit check and affordability checks so as to validate that the returning customer meets the minimum qualifications for your loan being asked.

People who have less than perfect credit may be accepted based on the individual circumstances. Consideration is mostly concentrated on the borrower’s capacity to repay the loan based on their current circumstance. But, those people who experienced a CCJ or a bankruptcy within the past 12 months, or even people who are now enrolled in a debt management plan, will not be eligible for approval.

In the event application for a loan cannot be automatically accepted, then it might be directed to underwriters for further consideration before a determination being made.

Piggy Bank Payday is a competitive short term solution for obtaining funds to cover any unforeseen circumstances, and is much significantly more cost effective and has less accountability than paying off the minimum payment on a credit card or going over an agreed overdraft limit.

Customer Review:

Piggy Bank
User Rating: 4.8 (10 votes)
Click on the stars to leave a rating

Company Pros...

  • You don't need a perfect credit score
  • Slider available to see what repayments would be
  • Accept online applications 24 hours a day 7 days a week

Watch out for...

  • Will not accept applications from people with CCJ's in the past 12 months
  • If you are on a debt management program you will not be accepted