Our charges explained.


We charge £25 for every £100 you borrow in other words you borrow £100 and pay us back £125 or you borrow £200 and pay us back £250 and so on..


Representative 1286.2% APR. The rules and regulations that govern financial payday loans companies like ours state that we must show you the Annual Percentage Rate (APR).

APR’s are calculated based on paying a fixed amount of interest annually, are more intended for mortgages and credit cards and do not suit short-term cash loans.

However, our short-term or pay day type loans are taken for a maximum term of 31 days, so APR’s are not the best way to measure how competitive our rates are.  We prefer to focus on the amount you pay back in total rather than on APR and we are confident that we offer the most competitive rates in the market for this service.

Short-term loans have become a popular way of alleviating temporary financial issues and a growing number of eligible UK residents do indeed take advantage of these loans. A loan that you are obligated to pay off on your next payday.

The convenience factor of this type of short-term loan is why so many people across the UK turn to this type of lending. They are fast and the chances are very good that the typical borrower is approved for a loan.

Please ensure that you are not borrowing more than you are able to pay back. A payday loan should be used as a short term solution and they are not recommended as a long term debt solution.

© 2011 All Rights Reserved | It's My Payday Now | 145 - 157 St John St, London, EC1V 4PW | Data Protection Number: Z1703023 | Credit License Number: 612532


Terms and Conditions apply. Your rates may vary based on your personal circumstances and with the actual lender we select and accepts you. Representative APR (Annual Percentage Rate of charge): 1286%. Representative APR example: Borrow £300 for 30 days. The total charge for credit is £75. Interest is fixed at a rate of £25 per £100 loan. The Total Repayable is £375. Representative 1286% APR. The APR includes important factors such as the interest rate you must pay; how you repay the loan; the length of the loan agreement (or term); frequency and timing of instalment payments and amount of each payment. Payday advances should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counselling. Subject to approval times and lender's own policies. In most cases, funds will be deposited the same working day, if approved by 14:30. Approval may take up to 30 minutes in most cases.

Loan amounts are based on consumer's credit history and ability to repay loan. Not everyone may qualify for £2,500. Its My Payday Now is not a lending or banking institution and it does not broker loans to lending institutions. The personal information you provide will be provided to a third party lender to provide you with a loan application and the potential to receive a loan. Its My Payday Now makes no guarantees or warranties with regards to the availability of a loan or any other aspect of the terms and conditions of the lending institution. This web site places no value to this service. For details, questions, or concerns regarding your unsecured cash loan please contact the lending institution directly. Not all lenders can provide up to £2,500. Cash transfer time may vary between lenders. We assume no responsibility for the services or information you may receive from the lender. All loans are subject to credit approval. Certain limitations apply.

*The APR% for Payday Loans may seem quite high at first glance. Taking into account that all setup fees and administrative costs are included and since most Payday Loans are paid over a period of no more than 70 days a yearly APR% might be misleading. In most cases taking a payday loan is much cheaper than paying overdraft penalties, bounced cheques or unpaid bill charges. Disclaimer: As a condition of extending credit, some lenders you may be matched with may run a credit check from a major credit reference agency upon your consent. Its My Payday Now is a licensed credit broker by the Office of Fair Trading.