Just like with every loan products, to qualify for a payday loan, you need to meet certain criteria. We designed them to ensure we only lend to people who will be able to repay the loan in full with interest on due date. The minimum requirements for a payday loan are:

1. you should have a UK bank account that accepts direct debit instructions. You don’t need to have an overdraft facility or even a debit card – just the bank account,

2. we cannot enter into a contract with a minor, therefore we only accept payday loan applications from applicants who are at least 18 years old,

3. you must have a source of income from either employment or self-employment – we are sorry, but we cannot accept payday loan applicaton from people who are unemployed or relying on benefits as the only source of income,

4. your salary must be paid directly into your bank account,

5. you must be a permanent resident of the United Kingdom: England, Wales, Scotland or Northern Ireland,

6. finally, your monthly net income should be no less than £750.

If you can say yes to all of the above, you are eligible and we will welcome your payday loan application!