Cash when you need it most.
Reliable. Simple. Honest.

We know that you may need access to cash quickly to deal with unexpected circumstances such as car repairs, medical expenses or vet bills. Payday loans can be helpful to cover a one-off situation, but this form of borrowing should not be used as a way of getting credit regularly. Although applying for a loan is relatively easy, thanks to our straightforward online application process, you should still take your time to ensure that a payday loan is the best option for you. Payday loans have a high APR, and there may be cheaper credit alternatives available to you to cover an unexpected expense. If your application is approved, we will make a fast payment straight into your bank account, normally in the same working day or otherwise the next working day.


What is a payday loan?

A payday loan is a loan taken over a short term period and paid back in full or in part on your next payday. Wizzcash loans are available from £200 to £1000, which can be paid back in 3 equal amounts over a three month period. You can also pay back your loan early; there is no extra fee if you decide to do this. For more information about how our payday loans work, see our how it works guide.

Payday loans can be one way of dealing with an emergency, such as getting your car repaired or covering a medical expense. However, before you apply, it’s vital that you understand how much you need to repay each month and that you are making a financial commitment.

We’re a direct lender & broker is a direct lender, as well as a broker. As a direct lender we lend directly to successful applicants. This means if your loan application is approved, you deal directly with us for all your repayments and communications, cutting out the middle man. This can help to keep costs down, and it can make communications easier when you deal with your lender directly. However, if your application is not successful with us, we also act as a broker to help you find a similar alternative financial product, appropriate to your circumstances from one of our trusted partners.
You can find out more on our payday loan direct lender page.


How it works – a step-by-step guide

  • Step 1

    Choose how much cash you want & fill in the application

  • Step 2

    Verify your loan by SMS & email

  • Step 3

    Once approved cash is transferred to your bank account in 1 lump sum

  • Step 4
    3 equal monthly payments

    Money comes out of your bank account automatically

Why use Wizzcash?


We, at, are an approved direct lender and broker in the UK and have been in business since 2012. During that time, we have provided thousands of loans to help our customers cover emergencies and other unforeseen expenses. We are registered and authorised by the Financial Conduct Authority, under Registration Number: 673428.


Unlike some other UK lenders, we have made our applications process as straightforward as possible. You can apply for our payday loans online for amounts ranging between £200 and £1000 and get a provisional decision within a few minutes. Once a member of our underwriting team has approved your application, we will make a fast payment into your account. That means, if approved, you can expect to receive the money into your account within one working day.


We are proud to offer a fair and straightforward service. We won’t try and deceive you with complicated terms, we don’t charge early repayment fees, and we won’t continually extend the life of your loan. We provide you with a loan and repayment schedule for you to follow. We also perform affordability checks, as well as credit checks, before approving an application to make sure we lend responsibly to you and that the loan repayments are realistic for your circumstances.

Ethical lender

We aim to help people if in the event of an unexpected financial emergency; however, we want to assist in the right way. So we have put checks and criteria in place:

  • To ensure that we always remain compliant with the Financial Conduct Authority (FCA). Additionally, we act within pre-agreed guidelines, rules and regulations set out either in law or by other advisory bodies
  • To make sure we try as hard as possible to protect the borrower from falling into further financial difficulty and that the loan amount is payable (inclusive of interest)
  • To treat customers fairly, this includes being upfront and transparent, avoiding misleading information while also making sure that we are selling the right product to the right person

Want to know more? Please feel free to contact us.

Why Use a Payday Loan?

Before you jump in and apply…

A payday loan can be one way of bailing you out of a sticky situation, such as an unforeseen medical expense or a house repair, but they are not suitable for everyone. Short term loans should NOT be used to meet everyday living expenses or to purchase non-essential items. Remember, this is an expensive way to borrow money. If you find you need a loan regularly to cover everyday expenses or if you are in financial difficulty and struggling to make ends meet with just your basic needs, you may need assistance in another form. You should seek advice from Money Advice Service.

Here are some examples of where you could use a payday loan:

  • You accidentally break a tooth, and you have no funds to pay for your emergency dental treatment
  • Your boiler break downs in winter and you need some money to fix it temporarily until you get your salary at the end of the month
  • Your car needs two front tyres, and your parents cannot lend you the money until the end of the month to get them replaced

How much cash do you need?

  • £300
  • £400
  • £500
  • £600
  • £700
  • £800
  • £900
  • £1000
Apply Now Clock Icon Only takes a few mins
Warning: Late repayment can cause you serious money problems. For help, go to
Repay over
3 Months
3 payments of
Repayment total
Apply Now Clock Icon Only takes a few mins
Warning: Late repayment can cause you serious money problems. For help, go to is a payday loan direct lender. This means if you have a successful loan application with us we will communicate and lend directly to you. In the event that we are not able to help you, we are also a broker and we will link you to panel of consumer credit companies who might be able to offer you: loan products, with loan terms from 1 to 36 months, loan comparison websites to give you access to the comparison of loan products or credit reports companies to help you understand credit ratings and make informed credit decisions. We will never pass on your card details to any other organisation.

Representative Example

Total amount of credit : £300
Duration of the agreement: 90 days
Installment one
Installment two
Installment three
Repayment total
Interest is Fixed at rate of 292% per year - 0.8% interest per day | Representative 1265% APR

What is APR?

The Annual Percentage Rate (APR) is a standardised way of showing the true cost of borrowing over a twelve-month period. The APR rate includes both the interest charged on the principal (the loan amount) along with any fees charged by the loan provider. The great thing about APR is that it is calculated the same way by all lending providers giving you an easy way to compare loans.

Because everyone has a unique set of circumstances and credit history it is not possible to offer everyone the same APR rate. Therefore, when you see APR rates advertised they will be marked as either typical or representative.

Representative APR – refers to a rate which is offered to 51% of all loan applicants.

Typical APR – refers to a rate which is offered to two-thirds or more of loan applicants.

Note: Both rates mush include both interest rates, fees and additional charges. Essentially, what this means is that you may have to pay more or less than the advertised rate.

Read more about APR …

Are payday loans bad?

It is true payday loans have a bad reputation, a lot of this is due to unethical, bad practices by many lenders, especially in the past. They were renowned for trapping people in a continuous cycle of borrowing.

A lot of changes were made to the industry since the FCA started regulating payday lenders. In 2015, for example, the FCA introduced a cap on the amount lenders can charge borrowers. Including fees charged after a borrower has defaulted on payments not to exceed £15. A 100% cost cap on all interest fees and charges was also put in place. This means that a borrower should not pay back more than 100% of what they initially borrowed.

Lenders are also required to lend responsibly and look for signs of financial difficulty. This means they have to have affordability checks in place to make sure repayments can be made. So it’s important to check that a lender is regulated and authorised by the FCA.

Payday loans are also classed as high-cost loans because they are an expensive way to borrow money. So you should always consider alternatives. Only apply for a payday loan to cover a one-off emergency, do not apply with the intention of borrowing regularly.


  • Show Answer About loans and responsible lending

    At Wizzcash, when we review a payday loan application, we treat it responsibly. Our aim is to always:

    • Treat our customers fairly.
    • Be transparent.
    • Only lend to people we feel will be able to repay.
    To help us do this we: Loan companies do not always have the best reputation. We are working hard to change that by putting our customers first and investing in responsible lending.

  • Show Answer Can I Get A Payday Loan With Bad Credit?

    The good news is you may still be able to get an online loan with bad credit in the UK, with some payday loan companies such as Wizzcash providing a responsible lending service that evaluates affordability also, not just your credit score.  It is important to remember your credit rating will have an impact on your ability to get loans from other financial institutions including banks and payday loans. Under FCA regulation, you must undergo a credit assessment when you borrow money from an authorised lender. Thus, you may want to avoid lenders that offer you a payday loan without a credit check.

  • Show Answer Do Payday Loans Affect Your Credit Score?

    If you take out any kind of credit, whether it’s a payday loan, credit card or something else, it will have an impact on your credit score – a score financial providers take into account when they decide whether to lend money to you – in some way. It’s true that payday loans have a higher APR when compared to other loan types such as credit cards. If you fall behind on your repayments, this could affect your credit score, just like any type of credit.

  • Show Answer Do Payday Loans Help Your Credit Score?

    Taking out a payday loan could, in some cases, help your credit score. While some lenders might view taking out a loan as a sign you’re struggling, paying a payday loan back on time could show a lender that you are a good repayer. Failing to pay it back would, however, negatively affect your credit score.

  • Show Answer How are payday loans different from other loans?

    The main difference between payday loans and other loan types such as a personal loan, mortgage, or consolidation loan is that they are low value and have a short repayment period. For example, you wouldn’t borrow more than £1000 with a payday loan (ideally) and you’d pay it back within a few weeks. However some lenders, such as Wizzcash, offer longer, flexible payment options for payday loans too. Payday loans also have a higher annual percentage rate, or APR, when compared to longer-term loan options.

  • Show Answer How Can I Protect My Privacy When Applying For A Payday Loan Online?

    You can be sure that when you apply for payday loans online with Wizzcash, that we have some of the very best encryption technology to identify, prevent and eradicate any scam attempts. Your online security is our ultimate priority. If you are asked to pay for anything in order to get a loan, then it could be a scam. If you would like a payday loan with Wizzcash, then please apply through our secure website.

  • Show Answer How Do Online Payday Loans Work?

    The application process for loans will vary depending on the lender you choose. This is how the loan application process works here at Wizzcash – and it only takes about 5 minutes.  

    • Tell us some basic details about where you live, your job and your expenses.
    • Enter your bank details so we can run a credit check.
    • We’ll run some other checks and you’ll receive an instant decision.
    • If approved, the cash will be in your account within minutes.

  • Show Answer How does compare to other lenders?

    Below, you can see our APR by comparison to other direct lenders offering similar payday loan options in the market, by comparison we have a relatively low:  

    LoanPig 1261% APR Direct Lender
    Wizzcash 1265% APR Direct Lender
    QuickQuid 1294.1% APR Direct Lender
    PiggyBank 1270% APR Direct Lender
    Sunny Loans 1293% APR Direct Lender
    Lendingstream 1333% APR Direct Lender
      Research undertaken 19/12/18.

  • Show Answer How Many People Are Using Payday Loans In The UK?

    In 2012, according to a study by ACCA, over twelve million short term loans were arranged in the UK. The market regulators are putting in restrictions in order to help consumers, which could be one of the factors in the steady decline in people using them since 2014.

  • Show Answer How Should I Use A Payday Loan?

    Payday loans are supposed to be used in the event of a financial emergency that you may not be able to pay for with what’s left of your monthly pay. Payday loans online should be used as a quick remedy in the short term, not as a long-term solution. Essentially, a payday loan is finance which is made available by an authorised direct lender, such as Wizzcash. Use them, and pay them back as soon as you can.

  • Show Answer What Checks Are Carried Out For Payday Loan Applications?

    At Wizzcash, we run credit checks to assess your suitability for taking out payday loans with us. A credit check presents a score which gives an indication of how well you have repaid various forms of credit in the past including mobile phones, credit cards and loans. Not keeping up with repayments will cause your credit score to drop. Paying back on time will maintain your credit score and will even improve it.

  • Show Answer What checks are done for loan applications?

    To assess you for a loan application, we run a number of checks, including:

    • Credit score check – we always check credit scores and use this to make our decision on your loan.
    • Employment check – we only lend to people in employment.
    • Affordability stress test – we look at what you want to borrow with what you can afford to repay.
    We also offer a flexible repayment plan, allowing you to pay back your loan in easy repayments rather than one lump sum.

  • Show Answer What Does APR for Payday Loans Mean?

    If you’re thinking of getting a payday loan, you’ll undoubtedly come across the term APR. Find out what these three little letters mean in our in-depth guide to annual percentage rates.

  • Show Answer What Happens If I Need More Time To Pay Off My Payday Loan?

    We understand that unexpected circumstances can cause you to not be able to repay your loan. While missing repayments can have serious consequences and cause you credit rating problems, Wizzcash has a friendly team that are always ready to help you. If you know that you’re going to miss your repayment, then let us know and we will do everything we can to work with you in order to make an affordable plan.

  • Show Answer What Is An Unsecured Loan?

    A payday loan can also be called an unsecured loan. This means that if you take out a payday loan, you don’t pledge an asset, like your car or your home, as collateral. This means that, if you fail to make repayments for your payday loan, you won’t have to give up anything in return, like you would with a secured loan.

  • Show Answer What Is The Lending Criteria For Payday Loans?

    To take out a loan with Wizzcash, you will need to be:

    • At least 18 years of age.
    • A UK resident.
    • In current employment, taking home at least £750 a month.

  • Show Answer Where Did Payday Loans Come From?

    Payday loans originated in Cleveland, Tennessee in 1993, where William Alan Jones redeveloped the idea of offering short term loans in return for a post-dated cheque, which was written for the combined value of the loan and fees on top of this. Based on this model, Cheque Into Cash was founded, and Jones convinced the state to change the laws that prohibited charging overly high interest rates. In 1999, Jones began the payday loan industry which quickly became a worldwide phenomenon.

  • Show Answer Why has been voted one of the best direct lenders?

    Wizzcash has been voted one of the best Payday Loan lenders by independent review company Our customers have rated us over 4.5 stars for Customer Service, Ease of Use, and Value for Money. As of October 2018, Wizzcash is rated 4.6/5 stars and is a Readies A Rated Lender.

    4.5 is a payday loan direct lender. This means if you have a successful loan application with us we will communicate and lend directly to you. In the event that we are not able to help you, we are also a broker and we will link you to panel of consumer credit companies who might be able to offer you: loan products, with loan terms from 1 to 36 months, loan comparison websites to give you access to the comparison of loan products or credit reports companies to help you understand credit ratings and make informed credit decisions. We will never pass on your card details to any other organisation.