Representative APR Example
£350 borrowed for 30 days. Total amount payable by one repayment: £434.
Total interest payable by one repayment: £84. Representative APR 1223.6% (Variable)
Amount
£0
Term
0 Day(s)
Interest : £0
Repayment : £0

Welcome To Payday Castle!

At our site, you can apply for a loan online and get matched with multiple UK lenders at the same time. All our services and assistance are meant to help you get the loan that matches your needs. On this website you can easily apply to the multiple lenders on our panel through a single application form. So, before you proceed further read below to know more about what exactly payday loans are, if you qualify and what the implications of non repayment or late repayment will be.

What Are Payday Loans?

Dealing with any unplanned emergency when your next payday is far away can be made easier with payday loans. You can opt for this loan especially during any urgent expense such as breakdown of your car, repair of household appliance or payment of any high utility bills. Whenever you face any such unexpected costs, then a payday loan can be considered a reasonable solution to take care of the cash shortfall. This loan is ideal when you need to borrow an amount anywhere between £100 and £1000 for a short period of time. Enough cash can be obtained to help you until your next payday.

How To Qualify

Qualifying is not at all a difficult task.
Anyone applying for a payday loan needs to be a citizen of the UK, must have attained 18 years of age, have a valid bank account and must be currently employed. Meet these simple preconditions and you will be considered as eligible to apply. Besides, there are many other factors based on which lender will offer approval, such as your current credit status and your monthly income. Lenders will also verify the information you provide ahead of approval.

Collection Practices

We at Payday Castle are neither involved in loan lending nor do we influence the decisions taken by the lenders in any way.
Similarly, we have no role to play with collection practices. As an intermediary we are simply associated with several lenders who have their own collection practices. If for any reason you miss the repayment date or find difficult to make a payment, contact the lender from whom you got the loan. You can discuss about the payment options and arrangements available. Failure to solve the repayment issues will instigate the lender to take legal action against you and your account will be forwarded to one or several UK's collection agencies.

Payday loans come with highest interest rates and often applicants who do not take repayment responsibly may end with such collection actions and lawsuits. Various collection attempts will be made by the collection agency. All such agencies are governed by the local and state laws. Make sure you get the debt verified. If you happen to find any discrepancy you should contact the lending company.

The lending company should be able to provide all necessary proof that you owe the loan. The collection agency has no right to threaten or take action against you that is prohibited. Further, they do not have the right to call you frequently. They are also strictly prohibited from revealing information about your debt to others without your consent or permission.


The collection agency may be committing fraud or violating law by threatening you, calling number of times in a day and artificially inflating the amount of loaned money. If you believe they are violating any law contact a debt collection attorney immediately to report such issue.

Besides, you should always keep records of every collection call received by the collection agency. You can also get legal help whenever you face any such issues or threat.

Non Payment Implications

We offer hassle free comparison facility and detailed information about payday loan deals. To help you we are associated with a network of lenders. All of them have their own terms and follow distinct lending practices. Most of the time non payment of the loan will result in additional charges, fees and interest. Contact your lender immediately if you are unable to repay your loan on time. Non repayment will not just add additional fees to the actual loan amount, but lenders may start collection proceedings. They may also take legal action against you. Such actions taken against you will have negative impact on your credit status.

Late Payment

Partial payment or late payment will incur extra charges.
Lenders will add additional cost and fee to the unpaid loan amount. You may contact the lender and try to arrange renewal or payment through other methods if you are unable to pay back a loan on time. Do review the late payment policy mentioned in the loan agreement by the lender ahead of signing it.

Reports of unpaid loans are sold by the lender to collection agency.
They may also report it to the credit bureaus. It will have negative impact on your credit status. Besides, the collection agency may use various aggressive methods to get back the loan amount you owe. Late or non repayment will damage your credit status and make it difficult for you to qualify for a loan in future. Even if you may have repaid back the loan completely, due to the bad credit tags and action taken by the collection agency, it may not be easy for you to qualify for a loan.

Loan Renewal Policy

All loan renewal policies followed by the lenders are governed by state regulations. Renewing a loan means you are delaying the repayment and requesting to extend the term of your loan. Such renewals of loan deals are offered for a price by the lender. Besides, renewing the loan will multiply the amount you owe and eventually put you in serious debt.

If you are planning to renewal your payday loan you need to understand that not all state allows loan renewal and extensions. Fees for such renewal and extensions are typically significant. Besides, renewals or extensions may not be prohibited in your state. Therefore we recommend you to go through and verify the loan agreement carefully ahead of signing it.

The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in UK. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.

Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions

We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.

Authorised and regulated by the Financial Conduct Authority.
Authorisation can be checked on the Financial Service Register at https://www.fca.org.uk/register
Credit Broking: Authorisation Number FRN740122
Data Protection Reg No: ZA123718

PLEASE READ TERMS & CONDITIONS OF LENDERS OR BROKERS BEFORE PAYING ANY UPFRONT FEES.

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Pervasive Web Solutions
Room G49, Lakeside House, 1 Furzeground Way,
Stockley Park, Uxbridge, Middlesex, UB11 1BD
Warning: Failure to meet your repayments can have serious financial consequences. For help, go to moneyadviceservice.org.uk