Get up to £1000 direct to your bank in as little as 15 minutes*. Providing a wide range of loans from direct payday lenders to consumers across the UK (with over 100000 applications in 2012) it’s hardly surprising we’re considered one of Britain’s favourite websites for online payday loans!
We make the entire application process easy as possible with just one simple, quick and easy to complete form. We don’t overcomplicate things, we know it’s important to the cash you need to get you by until your next payday. Borrow from £50 up to £1000 today. - No Brokers, No Faxing, No Phone Calls, Easy!
At Paydo we understand that many people are feeling the effects of the recession this year which is why we are here to help. With banks lending less, cash loans can be difficult to find and many of us are feeling the pinch. It can be really difficult when an emergency has you strapped for cash that you just don’t have.
Apply for an Instant Loan using our 2 minute form to get cash in 15 minutes.
Get Fast Cash: Short Term Loans allow you to get the cash you so desperately need. Simply pay the loan back when your next payday comes around. No hidden fees, no nasty surprises, just simple short term loans from payday lenders.
How it Works: You choose the amount that you want to borrow and your loan is paid direct to your bank account often within 15 minutes (if your bank accepts faster payments).
The collections process: On your chosen payment date the loan repayment is then automatically collected direct from your bank account or debit card, or you can pay it back sooner if you choose.
What are the costs: For every £100 you borrow, you pay £25 in fees, based on a 30-day loan. Calculated in APR this is 1355% variable.
What if I can’t pay back my loan: Loans are not automatically renewed, so if your loan isn’t paid back on time there will be an additional fees. Lending rates for any further months are applied to your outstanding balance not your original loan amount.
What are the fees: For example if your balance is £200 then the loan fee will be £50, if the next month your balance is £250 then a £62.50 fee will be applied (25% of your total loan). Each month that non-payment occurs a 25% fee will be applied to your total loan amount.
Collections Process: None payment or late payment may negatively affect your credit score. If you can’t pay back the loan on time then inform the lender collections department. If you do not inform the lender collection department the balance will be collected directly from your bank on same day the following month. If non-payment occurs for longer than a month your debt may be referred to a debt collection agency.
Your Security: Here at Paydo we realise how important it is to make sure the site you are using is 100% secure, which is we are proud to say we use Comodo. We also really value our customer feedback as we always want to improve our service to provide you with the best possible lending service. Feel free to send us your feedback.