Online Payday Loans, Payday Advance

Broken washing machine? Car won’t start? Household repairs? There are many everyday reasons why you might need a bit of extra cash before your next payday.

Whatever the reason is, Cheque Centre is here to help. With the Payday Loan service offered by our panel of lenders, first time borrowers could borrow up to £1000* and returning customers could borrow up to £2500*. All applications are subject to an affordability assessment*. If you meet the minimum criteria, then you can apply online now.

Payday loans are a short-term product, designed to provide you with a cash advance until your next pay day and alleviate temporary cash flow problems. It can be an expensive form of credit which is unsuitable for supporting sustained borrowing over longer periods. If you need to borrow over a longer term, there are loans from other lenders which may be more suitable for you and which you should consider.

If you wish to extend your borrowing period then it may be possible to repay just the interest on the account and arrange to repay the capital plus a new loan fee amount on your following payday. We call this an extension. It is important to remember that extending your loan will increase the overall cost of borrowing. Please see our FAQ’s page for more details on extending your loan and the risks and costs of doing so. If you do find yourself in a position where you wish to extend, we will enquire as to whether there has been a change of circumstances that may impact your ability to repay the loan at the later date before we allow the extension as we need to be happy that you can afford to extend. We will also request you to try and repay at least a part of the capital back in the event that you wish to extend so as to reduce the overall costs of borrowing for you.

You will only be able to extend all of your loan amount a maximum of three times (subject to our assessment of affordability). After that, if you wish to extend your loan further, you must repay a portion of the capital amount.

Lenders can now charge a maximum of £24 for every £100 borrowed over one month or part of a month. This is equivalent to an interest rate of 421% per annum (fixed). This charge may apply irrespective of the duration of the loan, meaning you may pay the same amount in charges if you borrow the loan amount over 7 days or 30 days.

In the event that you fail to repay on a due date any amount that a lender has agreed with you, lenders may continue to charge you additional interest on the outstanding amount. Lenders may also add a one-off late payment fee to your account to cover our costs to recover the amount owed.

If we are able to locate you a lender, this information will be clearly displayed to you before you accepted the loan. It is important that you read this section carefully.

*All loans are subject to status, customers must be 18 and over. Not all customers will qualify for a £2,500 loan.

Final approved loan amounts are subject to the credit underwriting and lending procedures of The panel of lenders. First time borrowers can receive a maximum loan amount of £100.

Payday loans should be used for short term financial needs only, not as a long term financial solution.

**Approximate time to decide on a customer loan will be dependent on receiving all required documents and making the appropriate contact with the customer. Once documents have been received and contact has been made, typical decision time for most customers is approximately 60 seconds or less.

Cheque Centre's opening hours are from 8:30am to 6pm Monday to Friday, 9am to 5:30pm Saturday. Applications and payouts are automated and will be processed 24/7, they are not dependent on us being open at the time.