What is a payday loan?

Unlike standard unsecured and secured personal loans, payday loans are short-term borrowing solutions aimed at those who need funds quickly.

The interest rates on payday loans are much higher than those on most other types of borrowing. Conversely, however, at 31 days the terms of these loans are much shorter than those on standard unsecured lending.

Payday Loans UK (MEM)

Gateway2Finance have partnered with Payday UK, one of the market leaders in online payday loans to offer instant approval to those customers who meet the qualifying criteria and the loan is deposited the same day.

Payday loan application process