Same day payday loans
Get a same day loan - with speed-e-loans it is easy as 1-2-3!
If you need a same day loan speed-e-loans can help. Apply for one of our same day loans online and get an immediate decision. We will include the exact cost and thanks to our super fast system, all approved same day loans are credited within two hours (if not sooner!).
Our same day payday loans are a convenient way to obtain super fast cash. Those unexpected cash emergencies can't always wait and when the boiler goes on strike mid winter, or the car breaks down and there are too many days before payday we can provide you with a speedy cash solution.
About our same day payday loans
These are same day cash loans that help bridge the gap between your cash and payday. Our same day cash loans are designed to reach you quickly and once approved your cash will reach your bank within two hours if not sooner!
How our same day payday loans work
Speed-e-loans real-time and fully automated loan processing system means a speedier, more convenient and flexible service compared to a normal online lender, or any traditional form of credit. Our same day cash loans require no fax documents and you will avoid speaking with a dreaded call centre. If we approve you, your cash will be in your bank within two hours.
Simply decide how much cash you need! We calculate the exact cost of all same day loans straight away, and you commit to repay it on the date you select in our online form. On the morning of that day we take a single payment from your debit card, after which you'll be welcome to apply again whenever you need speed-e-loans. For more information click on how to get fast cash.
Who can apply for our same day payday loans?
To qualify for our same day loans you need to:
- Be over the age of 18
- Be in employment
- Live in the UK and have a valid address, an email address and a mobile number
- Have a bank account and a valid debit card
If you can answer yes to all of the above we will be happy to consider you, please click to apply for a same day loan.
Why choose speed-e-loans for your same day payday loans?
Sensible Lending
Our same day cash loans are based on sensible lending. In contrast to credit cards, traditional loans and bank overdrafts we provide you with a short term loan that can be comfortably repaid by your next, or your following payday, thereby avoiding the likelihood of long-term debt.
Avoid Credit Card and Bank fees
Our same day loans can be a better alternative to credit card fees and the stinging penalties that accompany bounced cheques and unauthorised overdrafts. If a £150 instant loan until payday can ensure that only 2 direct debits are paid preventing you from going overdrawn, then it would be for a fraction of the cost that banks charge - and provide you with some spare cash too!
Flexibility
Our same day loans don't have the inflexibility of a bank. Banks prefer you to take out larger sums and pay loans off over a longer period, but long-term loans with low interest rates mean you repay a lot of interest! A short term loan with speed-e-loans could suit you better when all you need is a little extra cash to see you through until payday - you decide exactly how much you want to borrow until payday and it could save you interest.
Improve your credit rating!
Because we are a responsible lender and are committed to reporting your loan behaviour to our credit reference agency, you can work to improve your credit score every time you repay an instant loan with speed-e-loans. So by repaying your same day cash loans you can actually improve your credit rating!
A common misconception
Loans like same day cash loans often carry a stigma that the APR% (Annual Percentage Rate) is quite high, and our loans do have a high APR, but as it is a short term loan you only borrow the money until your next or following payday, whereas an APR is a way of calculating annual interest designed for long term loans. This is a biggie and you can find a full explanation (with pictures!) on our APR explained page.
