Welcome to VeryMerryLoans.com, we can help you borrow £100 - £2,000 from 3 - 12 months.

Loans for 3 - 12 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: 277.6%

Repayment By: 5.1.2016

Interest: £58.68


Total Repayment: £1058.68

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Minimum Loan Length is 3 months. Maximum Loan Length is 12 months. Borrow £850 Over 11 Months. Monthly Repayment £146.30. Total Amount Repayable Of £1,609.25. Interest: £759.25. Interest Rate: 150% Pa (Fixed). 277.6% APR Representative. We are a free licensed credit broker, not a lender.

Payday Loans UK


For any working person – not just in the UK, but all around world, for that matter – cash crises are common occurrences. It is indeed true that if you face such cash shortages quite regularly, it reflects poorly on your money management strategies and/or spending habits. However, it is only fair to say that certain situations just force your budget out of balance, really from no fault of your own.

Medical emergencies, for example. They usually confront you out of the blue and leave you vulnerable on many fronts – financial being a major one. How does one exactly go about solving such unexpected cash crunches – especially when one lives a steady paycheque-to-paycheque life with not much savings?

Well, in addition to all the traditional and reliable ways like getting a cash advance from the employer or simply borrowing from your near ones, getting a payday loan can be an option worth exploring.

Payday loans in the UK – Know what they exactly bring to the table

It is safe to say that, under various names and shifting forms, payday loans have been around in the UK for a number of years. Payday loans, in their present form and idea, are supposed to allow you to borrow a very small sum of money instantly from direct lenders against an assurance that you will be able to repay the amount with due interest on or before your next payday.

Here are some important facts about UK payday loans, broken into smaller fragments:

  • Payday loans are small sized cash loans: This means that you can only borrow a small sum of money. You can get a payday loan for up to £2,000 from various lenders. We, at Very Merry Loans, help you get payday loans from £100 to £2,000 from direct lenders located all around the UK.
  • Payday loans are short term loans: What this means is that you are required to repay the loan on or before your next payday, unlike bank loan that give you months, even years, to settle the accounts. Payday loans that we broker for you here at Very Merry Loans are typically to be paid back over 1 to 12 months.
  • Payday loans are instant: Even the best money shops or local High Street payday lenders are rarely able to grant and process an instant cash loan. Payday loans, on the contrary, are not only processed but also delivered in a small matter of minutes, making them truly instant.
  • Payday loans do not have stringent eligibility requirements: Nearly every working adult in the UK is eligible to get a payday loan. The broad eligibility criteria also mean that it’s easier for a vast majority of the UK population to get a cash loan in an event of sudden cash requirements.

To get a payday loan you need to:

  • Be at least 18 years of age.
  • Be a legal UK resident.
  • Have a UK bank account (personal), phone number and email.

Very Merry Loans and UK payday loans

We, at Very Merry Loans, have observed the payday loan industry in the UK for a long time to know that the best and the safest way to borrow is to borrow from responsible and regulated lenders. Here’s what sets Very Merry Loans apart from a slew of local loan shops and payday lenders.

  • Easy to apply

  • We have a common application form for all applicants and it takes just a few minutes to fill it in and submit. Follow this link to know more and apply.

  • Freedom to choose

  • The very forte of the 21st century capitalist market is that it gives buyers a freedom to choose.

    By applying for a payday loan here at Very Merry Loans, you get quotes from the best direct lenders in the country, meaning that you can choose the deal that suits your needs the best. It’s always better than walking into a local loan shop and accepting whatever terms of contract they present to you.

  • Save money and time

  • By getting multiple quotes from prospective lenders, you also make sure that you can choose the lender that offers the least interest rate and lowest processing fees.

    Also, you are not required to leave the comfort of your home to negotiate, submit documents or collect money – it all gets done electronically.

  • Available at all times, on all days

  • Very Merry Loans makes sure that we are there to process your applications 24 hours a day. Even if you submit your application in the middle of the night on a bank holiday, we will have it processed and forwarded to lenders readily.

  • Better chances of getting approved

  • It’s all thanks to the well-curated network of responsible lenders that we have built over the years that you have a very strong chance of getting your application approved if you apply here at Very Merry Loans.

  • It costs nothing to apply

  • To apply for a payday loan at Very Merry Loans, it costs nothing at all. Our payday loan brokering services are fully free – with no exceptions.

Payday loans and your credit score – A mutual relationship

This is perhaps the single most commonly confusing facet of a payday loan that routinely puts borrowers off the track. But it really is not that difficult to decipher this relationship. Here’s all you need to know about it:

  • You CAN get a payday loan on bad credit
  • People who are on bad credit usually have a rough deal as getting a loan from a bank or securing a credit from a credit card company is very difficult.

    However, if you are on bad credit, you can still get a payday loan. It’s important, in such situations, that you have a verifiable source of monthly income.

  • Payday loans and credit checks
  • Many payday lenders deem it unnecessary to run credit checks if the applicant has a decent monthly income. Only superficial credit checks (‘soft checks’) are run in such cases, making these ‘no credit check’ loans for all practical purposes.

    In other cases, hard checks might be run and these usually are recorded on the applicant’s credit record.

  • Payday loans do affect your credit score
  • Unsettled payday loans can surely affect your credit score in a negative way. Frequent defaults or delayed repayment can not only make the whole deal very expensive for you but bring your credit score down, as well. Similarly, if you settle your payday loan on time, your credit score will improve.

Getting a payday loan is easy, but it may not always be the best option!

A payday loan, even though small in size, can take care of many cash emergencies for you. But it’s also important to know that in certain situations, getting a payday loan may not be the best way to solve your money problems.

  • Payday loans are expensive
  • In comparison with bank loans or credit lines, payday loans are more expensive. There are usually overhead charges involved, too. Such charges are typically regulated by the FCA and have a reasonable upper ceiling. This also means that no lender can charge you unfairly and outside of the terms of loan agreement.

  • Payday loans are not long-term effective
  • Payday loans are meant to see you through a bad patch when you are left with no cash at your disposal. They, however, cannot and should not be used for long term money management.

  • Are you frequently in debt?
  • Payday loans should never be used to settle other debts you may have elsewhere. If you find yourself in debt quite often, you are better advised to contact and seek help from any responsible debt advisor or counsellor.

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.