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Welcome to VeryMerryLoans.com, we can help you borrow £100 - £2,000 from 1 - 6 months.

Loans for 1 - 6 months.

Short, simple and fast application process.

Decisions in minutes.

How much you need today?

When can you repay this loan?

1 Months

Borrowing: £1000

Representitive APR: 305.9%

Repayment By: 5.1.2016

Interest: £58.68


Total Repayment: £1058.68

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Minimum Loan Length is 1 month. Maximum Loan Length is 6 months. Representative 305.9% APR. Representative example: £400 borrowed for 90 days. Total amount repayable is £559.68 in 3 monthly instalments of £186.56. Interest charged is £159.68, interest rate 161.9% (variable). We are a free licensed credit broker, not a lender.

Payday Loans Online


Payday loans have received plenty of press in recent years, and most recently as a result of new industry regulation that has been put in place to make payday loans easier to borrow more responsibly. You may have already borrowed a payday loan – or you know someone who has – and this page is designed to give you all the information you need on how they work.

What are payday loans?

Payday loans are short-term loans that are designed to offer quick cash to help you bridge a gap in your finances. The idea behind the name is that you borrow money until your next payday, which is why many payday loans – but not all – are repaid in around a month. Payday loans are unsecured, which means that you don’t need to have an asset, such as a property or a car, to be able to borrow.

How do payday loans work?

As this type of lending is intended to be quick, the process has been streamlined to make it as simple as possible. Applications can be made to borrow £100 to £2,000 and if the application is approved the payment is transferred directly to your bank account. The repayment on a payday loan is normally in one single payment that includes both the amount borrowed and the interest you’re paying on it. An automatic repayment is set up for an agreed date so that you don’t have to worry about missing it.

Who can apply?

Payday loans are available to those over the age of 18 and who are legally resident in the UK. If you want to apply for a payday loan then you also need to have a bank account in which to receive the loan.

Why do people like payday loans?

Fast and convenient

The increasing popularity of payday loans has a lot to do with their speedy availability and the fact that you can borrow a small amount to help solve a short-term problem and then repay it when you’ve got money again. Bank loans can take weeks to arrange and often require face-to-face appointments and lots of paperwork, as well as repayment over a much longer period of time. For those who don’t want multiple repayments hanging over them, payday loans are a much better option.

Data security

Thanks to the focus on lending and information regulation in the UK, borrowing via payday loans ensures security of your data as direct lenders are required to make sure your confidential information remains secure.

Better approval rates

Payday loans tend to have higher approval rates than traditional loans, making them an easier option for many people. This is because payday loans offer finance for smaller amounts paid back over a shorter period of time and you don’t need to have a perfect credit score for you application to be accepted.

Useful finance

Payday loans can be used for anything but they come in particularly useful for helping to deal with life’s urgencies and emergencies, from vet bills to locksmiths, unexpectedly large energy bills to car repairs. Fill a hole in your monthly budget, avoid a bounced check or stop the red letters – payday loans can help with them all.

Very Merry Example

Loan Amount: £500
Loan Term: 3 months
Interest: £202.40
Total Repayable: £702.40 Apply

Representative APR: 305.9%. (variable)
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.