A payday loan is a small short term loan you can use to cover
expenditure until your next payday. You can apply online and the
decision to loan you the money is made almost straight away. In most
cases the whole application can be completed online and the money loaned
can be credited into your bank account on the same day as you make your
application.
A payday loan is an unsecured loan, so it is not dependent on collateral, such as you owning a house or car etc.
Generally
when you make your first application you can borrow any amount up to