How much cash do you need?
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. This is when a payday loan comes into its own.
Applying for a loan is easy thanks to our straightforward online application process. In most cases, we can authorise loans within a few minutes providing you with the cash you need to cover any unexpected expenses. Once your application is approved we will make a fast payment into your bank account within the same working day, where you will be able to access it immediately.

What is a payday loan?
A payday loan is essentially a short-term loan which can be paid back in full or in part on your next payday. Loans are available from £200 – £1000 which can be paid back in one lump sum or spread over a period up to 3 months. For more information about how payday loans work, take a look at our guide.
Payday loans are ideal for meeting unexpected emergencies such as getting your car repaired or covering medical expenses. Ideally, they should be repaid as quickly as possible, with most customers paying their loans back over a period of days or months.
We’re a direct lender & broker
As a direct lender, Wizzcash.com will provide you with a payday loan directly. This means you deal directly with us for all your repayments and communications cutting out the middle man. This helps to keep costs down allowing us to charge a lower interest rate and makes it easier for you to deal with your finances. However, if your application is refused for whatever reason, Wizzcash.com can also act as a broker helping you to secure a payday loan from one of our trusted partners.
Testimonials
How it works – a step-by-step guide
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Step 1
Choose how much cash you want & fill in the application
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Step 2
Verify your loan by SMS & email
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Step 3
Once approved cash is transferred to your bank account in 1 lump sum
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Step 43 equal monthly payments
Money comes out of your bank account automatically
Why use Wizzcash?
Reliable
Wizzcash is an approved direct lender and broker in the UK and has been in business for more than 12 years. During that time we have provided more than 26,000 loans to help our customers cover emergencies and other unforeseen expenses. We are registered and authorised by the Financial Conduct Authority. (Registration number: 673428).
Simple
Unlike other payday loans UK providers, we have made our applications process as easy and stress-free as possible. You can apply for payday loans online for amounts between £200 and £1000 with a provisional decision available within a few minutes. Once approved, we will make the payment into your account via Fast Payment so you can expect to receive the money into your account within the same working day.
Honest
We are proud to offer an honest and straightforward service. We won’t try and bamboozle you with complicated terms and conditions, we don’t charge early repayment fees and we won’t continually extend the life of your loan. We simply provide you with a loan and repayment schedule for you to follow. All credit checks are carried out in-house with loans authorised the same working day in most cases.
Following the FCA rules
As a registered member of the Financial Conduct Authority, we are bound by FCA rules which govern the use of short-term loans.
The following rules are set by the FCA which all member firms must follow:
- Interest rates must be capped at 0.8% per day of the amount borrowed.
- Default charges will not exceed £15 in the event that the borrower is not able to repay their loan on time.
- • No borrower will ever have to pay back more than double the amount borrowed.
Wizzcash is authorised and regulated by the Financial Conduct Authority. Registration number: 673428.
For more information about FCA rules please contact our compliance team.
Why Use a Payday Loan?
Before we jump into the benefits…
Payday loans are great for bailing you out of a sticky situation such as unforeseen medical expenses, 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. If you find you need a loan to cover these expenses you may be in financial difficulty and should seek advice from Money Advice Service.
Circumstances Where A Payday Loan May Help:
- You need a short-term loan to meet medical expenses such as emergency dental treatment
- Your boiler has broken down and you need to pay an emergency plumber to repair it
- Your car has broken down and you need to get it repaired as quickly as possible so that you can get to work
How much cash do you need?
Representative Example
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.
Bank Overdrafts vs. Payday Loans
If you need access to cash quickly you have two options, you can dip into your overdraft or take out a short-term loan. So which is the best option for you?
The answer will depend on whether you have agreed on an overdraft facility with your bank. If you have agreed on an overdraft and it is big enough to cover your expenses, then this will be the most cost-effective option.
If you don’t have an agreed overdraft facility or your overdraft facility isn’t large enough to cover your expenses then a payday loan may work out cheaper. Consumer group Which recently reported that unarranged overdraft fees can be as much as seven times more expensive than an equivalent payday loan.
For more information about which option to choose, take a look at our blog post which provides a more detailed analysis of the subject.
FAQ's
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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.
- Are approved by the Financial Conduct Authority.
- Are a payday loan direct lender.
- Clearly display all our costs on our website.
- Run a number of credit and identity checks.
- Offer flexible and instalment loans.
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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.
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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.
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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.
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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.
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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.
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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.
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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 -
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Wizzcash has been voted one of the best Payday Loan lenders by independent review company www.readies.co.uk. 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.
Payday Loans - Consider Before Applying

Responsible Lending
Responsible lending is to act in a customer’s best interests, ensuring affordability, transparency of terms and conditions and supporting a borrower if they experience repayment difficulties.

Approved Direct Lender and Broker
We are a direct lender, if you have a successful 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.

Alternatives To Payday Loans
Many people have got themselves into a worse financial situation by taking out multiple payday loans. Due to payday loans having a high APR, they should be used as a last resort and by no means a first option to a financial problem.
References
Wizzcash.com 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.