Wizzcash.com is a direct lender. Wizzcash does not offer a broker service to those who are approved and only funds loans to applicants who apply directly via our website. Should your loan be approved, we will fund the loan directly and NOT seek out another lender to fund the loan.

Approved applicants will have the agreed loan amount deposited directly into a designated bank account without delay. These funds are paid in a single deposit within a very short time of being approved. Customers may borrow up to £1,000. Wizzcash does not offer or promote the loan services of other lenders, unless an applicant is declined a loan and requests for an alternative lender to be identified.

“Great experience and reasonable rates of interest. The flexibility of the loan allows repayments over 3 months which is great.” Dan, London


We are a Direct Lender

  • No Fees for Applying
  • Quick Approval
  • No Early Repayment Fee

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

All loan applications are made online and directly via the website. The application process is simple: just fill out an online form, it’ll only take you a few minutes. Wizzcash will then run the industry-required affordability tests. If the applicant is approved, Wizzcash will then fund the loan.

In order to facilitate the direct funding and a smooth loans process, Wizzcash may request a copy of your payslip or proof of employment so as to expedite the transfer of the funds.

As a direct lender, it is important to note that Wizzcash does not charge any fees for applying for a loan, and that no fees are charged for the early repayment of any loans funded by Wizzcash.

Payday Loans Direct Lender Benefits

When you’re faced with unexpected expenses and are unable to borrow money from friends and family, you might decide to do a Google search for ‘short term loans’ or ‘payday loans’. The search results returned are likely to include payday loan direct lenders and brokers, although sometimes it can be difficult to know which is which.

A payday loans direct lender, like Wizzcash, is one that transfers the funds directly into your account. You fill in your details directly on the lender’s site, correspond with the lender directly, and have the repayments collected directly by that lender. This process is different from that of a payday broker.

We believe there are a number of benefits associated with payday loan direct lenders when compared to the service offered by a broker. A broker will encourage you to fill in the details on their website. They will then hand these details to a lender for a fee that’ll either be paid by you, or the lender. In some cases, a broker will share the details with a number of other brokers and payday lenders, which can lead to you receiving phone calls, emails and text messages from these companies.

Working with a lender directly means you will not be charged broker fees, do not risk having your personal details passed around the internet and are actually dealing directly with a company that has funds to lend.

How Do You Know If You’re Dealing With A Broker?

The last thing you want when looking for payday loan lenders is to have unsolicited fees taken from your account by a broker. But how can you differentiate between the two?

Upfront fees – a direct lender will not take an upfront fee simply for applying for a loan. Brokers will receive a commission for handing your application to a lender or a number of lenders.

100 percent acceptance guaranteed – Responsible lenders will never give you a 100 percent acceptance guarantee, as they have to carry out essential affordability and credit checks to make sure you can afford to repay the loan. A broker may be able to guarantee acceptance by offering the loan to so many lenders that eventually one will take it.

A panel of lenders – any website that has a ‘panel of lenders’ is a broker.

The small print every broker is legally required to say it is a broker on its website. However, it may try and hide this away in a less than obvious place.

Do Wizzcash Use A Broker?

All lenders must list themselves on a comparison site which is a requirement from the Competition Markets Authority. Therefore when someone clicks on Wizzcash on the listed link, the application will come straight to us. However, we provide you with the money directly from us and will never use another lender to provide you with the loan that you need. We also do not have any additional charges, aside from a £15 default fee which you only have to pay once throughout the duration of your loan if you are unable to maintain your agreed repayments. As a direct lender, we believe in responsible lending, and will always ensure that you are able to pay back the loan through a series of affordability and credit checks.

Bad Credit Direct Lenders

No direct lender should claim there’s 100 percent acceptance guaranteed, because all responsible lenders will carry out affordability and credit checks to make sure the borrower can repay the loan. However, that does not mean you need a perfect credit record to be approved for a loan.

If you’re looking for payday loan lenders with bad credit, you do still stand a good chance of being accepted. At wizzcash.com, you must meet the following criteria to be considered for a loan:

• Over 18 years of age
• A UK resident
• In current employment and earn a minimum of £750 a month

If you meet these criteria, we will then run our essential affordability and credit checks. This means we could still approve you for a payday loan from a direct lender even with bad credit.

Payday Loans Direct Lender – Instant Approval

Although a payday loans direct lender may offer instant approval, there is actually no such thing as an instantly approved payday loan. All prospective borrowers must undergo the necessary checks, which do take some time. However, the approval process is still very quick.

Here at wizzcash.com, the entire application process only takes a few minutes to complete. We then carry out our affordability and credit checks. Once these have been completed, you will receive a quick decision letting you know whether you have been successful. If your application is accepted, our team will be in touch over the phone or by email to confirm a few quick details. We will then transfer the funds within an hour.

Learn more about how we operate as a payday loans direct lender and apply now.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk


Are Direct Payday Lenders Regulated?

Authorised payday lenders will be regulated by the Financial Conduct Authority. Their role is to implement regulations to ensure that the market is fair and that customers are protected from misconduct by all financial institutions including banks, insurance companies and lenders. With a number of regulations including caps on fees to ensure that payday loan lender’s customers never pay more than double of what they have borrowed. They also capped interest meaning it will never exceed more than 0.8% a day, as well as ensuring appropriate credit checks are carried by lenders on those who have applied, before making a credit agreement. Here at Wizzcash, we are strict followers of the FCA’s guidelines and regulations.

How Much Does A Payday Loan Cost For A Direct Loan Lender?

How much your payday loan will cost will depend on the length of time that you take to pay back the loan, and the different fees and additional charges that direct payday lenders may place on your loan. Here at Wizzcash, we are completely transparent when it comes to calculating the real cost of your payday loan, meaning you will never be hit with hidden charges or fees. You can see how much your short term loan will cost when you use our online calculator and fill out an application.

Are There Any Alternatives To Payday Loan Lenders?

If you’re unsure whether borrowing money from a payday loans direct lender is right for you, then you may want to consider the other alternatives to payday loans. These include credit unions, bank loans, government financial support and more. If all of these options are exhausted and you’re still in need of help in a financial emergency, then you may want to consider payday lenders.

What Can I Use Payday Loan Lenders For?

Due to the short term nature of payday loans, and the high APR that comes as part of the package, payday loans should only be used for financial emergencies and not frivolous spending. There are a huge number of direct payday lenders on the market that you may want to consider, but it may be worth doing your research first. People use payday loan lenders for a number of emergency costs, including:

• Urgent emergencies such as car repairs, home maintenance or boiler breakdowns.
• Other sudden emergencies such as emergency medical help.

What Do I Need To Consider When It Comes To Borrowing Money From Payday Lenders?

One of the most important considerations is whether you actually need the extra money from a payday loan direct lender, or whether you can source this money from elsewhere. Help from a payday loans direct lender can sometimes be your only option, but it is important to consider other alternatives first. If you do decide to turn to a payday lender, then a FCA-authorised lender is one of the best option for unsecure lending. Also, you should not borrow money if you’re not sure you can afford to repay it on time.

How Much Can I Borrow From Wizzcash?

Our aim is to provide you with responsible lending, from a payday loans direct lender that you can trust. We offer one of the cheapest APRs on the market, and avoid unreasonable fees and charges. While late repayment can cause you serious money problems, we aim to provide you with easy repayment options over a set period of time. While we do not offer rollovers or extensions on your short term loan, we will provide you help with your repayment plan in certain circumstances. Our customers can borrow up to £1000 whether they are new or existing customers.

Why Should I Choose Wizzcash?

There are a number of reasons why you should choose Wizzcash. If you’re looking to borrow money fast then we can give you the peace of mind that you need quickly. We are credible and have many years of experience in the loans industry, and are regulated by the FCA and a member of the Consumer Credit Trade Association. Any information you share with us is 100% confidential and secure, and ultimately, we are fair. We will only lend you money if we are certain you can pay it back.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk