What Is a Payday Loan?

A payday loan is a cash advance on your next pay check. You apply for a small loan, and pay the lender back when you get paid next. It's a quick way to get up to £1000 for anything that you need it for!

How Do I Get a Payday Loan?

It's simple! Just fill out our online application. Your information gets sent to our network of lenders, and you get your approval instantly. Then you sign an online agreement, and will get the funds automatically deposited in your bank account very quickly. This is a 24/7 service and is the quickest way to get a loan online!

What Are The Requirements?

There's only a few requirements to get a payday loan. First, you need to be a UK resident. Second, you need to be at least 18 years old. Third, you need to have some source of income. And finally, you need to have a bank account so we can deposit your money!

What About Fees and Interest Rates?

Rock n Roll Payday Loans does not charge any fees for our customers. Your interest rate will vary depending on the lender. Representative APR 2120% (Variable) - So a loan of £200 for 30 days would be £258. Any fee's associated to your loan is dependent on the lender and generally is only placed if you are late in paying the loan back, or if you're renewing your loan. All this information is given to you when you are approved and sign the agreement.

Payday loans can actually improve your credit rating! Here's how:

When we lend to you we will report this back to the CRA. This looks good on your credit file as it shows that a lender has completed its risk assessment and is happy to lend to you. When you pay back your loan on time we will also report this to the CRA. The credit score is influenced in a positive way by this as it shows that you have both the funds and the desire to honour your commitment. You will find that this can improve your overall credit rating. The credit score is influenced in a positive way by this as it shows that you have both the funds and the desire to honour your commitment. When we lend to you we will report this back to the CRA.

If you do not pay back your loan on time we will also report this back to the CRA. This will have a negative effect on your credit score and may lead to other lenders refusing you credit in the future. We would therefore advise you consider this carefully if you do not feel that you will be able to repay the loan or have no intention of paying it back. The credit score is influenced in a positive way by this as it shows that you have both the funds and the desire to honour your commitment.