Why can't I get a payday loan?

If you have been turned down for short term loan, this may be due to a number of reasons. For example, self-employed people, unemployed people and those with bad credit ratings are not usually eligible Alternatively, your earnings may be too low, or you may be too young. Take a look at your lender’s criteria before applying to make sure your unsuccessful application aren't further damaging your credit rating.

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Representative Example: Borrow £400 for 4 months: 3 monthly repayments of £156.09 followed by a final repayment of £156.07. Total repayment £624.34. Interest rate p.a. (fixed) 288.35%. Representative APR 1,267.9%. 

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Warning: Late repayments can cause you serious money problems. For help, go to www.moneyhelper.org.uk.