Warning: Late repayment can cause you serious money problems. For help, go to MONEYADVICESERVICE.ORG.UK
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Payday Loans Direct Lenders Only

Representative 277.5% APR

Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances

Non-payment could have a negative impact on your credit rating and have increased charges and interest rates.

The Great Things About KnightFinance

Super Fast Process

You could get money directly into your account after just a 15 minutes application.

Affordable Finance

Get the cash you need without the usual high costs, because of our wide range of lenders.

Low Interest Rates

Compare lenders to make sure that you get the lowest possible rates.

Unsecured loans

There’s no need to put any collateral against your credit, all our loans are unsecured.

A payday loans direct lenders only refers to a company that you apply with directly, from start to finish, and there are no other brokers or middlemen involved. Using direct lenders only can provide peace of mind knowing that your information is kept safely with one lender and is not being sent to multiple companies – keeping your privacy intact and avoiding lots of emails and phone calls.

It is also good to work with the direct lender that you have chosen yourself, so all correspondence about your loan, the transferring of funds and the receiving of payments is all through one lender and no one else. Simple.

With Knight Finance, you can borrow between £100 and £5,000 over 3 to 24 months in equal monthly instalments. Our online application takes less than 5 minutes to fill in and if successful, you will receive funds within 1 hour or the same day of applying.

As a full time student working two jobs to get the bills paid and still being skint all the time, having a short term loan between pay days can be useful. Used Knight Finance after a recommendation from a friend and I’m glad I did. Borrowed just under £200 and paid £212 back, no where near the interest I would have paid elsewhere. Will definitely recommend if you’re strapped for cash and know you can pay it back.

Photo taken by Jonathan Chen

Alexia Newton

Support Worker

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Why Would You Apply with Payday Loans Direct Lenders Only?

There are a lot of benefits for using a payday loans direct lender only, especially if you are looking to borrow money for an emergency or pay off any pressing bills or debts.

In the past, customers looking for payday loans in the UK have regularly had their details passed onto multiple companies and have had fees taken out from their account when applying. This is very much a thing of the past, following the strict regulation introduced by the FCA which ensures that all lenders and brokers are fully authorised and adhere to a strict price cap of 0.8% per day.

When working with a payday loans direct lender, you can be sure that your information will not be passed from lender-to-lender and you know exactly who you are working with throughout the application process.

There is a lot more transparency working with a direct lender. For instance, there will not be any upfront fees and you will only pay the interest on the loan that you borrow. 

How Can You Tell if a Company is a Payday Loans Direct Lender?

There are numerous ways to tell if the company is a payday loans direct lender only, and you can do this by carefully checking their website.

Usually, the website will say if they are a direct payday lender on their homepage, FAQs and on the footer. Also, you should look out for certain language such as information about being able to transfer funds into your account and the checks that they carry out, since this will be indicative of a direct lender and not a broker.

A broker will not carry out checks, but allow you to choose how much you want to borrow and how long for and your application will be sent to one of their partnered lenders.

If the website or company is a broker, they will have to mention this on their website, including their footer as this is a requirement of the FCA. They may also use words such as ‘our panel of lenders’ or ‘lenders that we work with’ – and this will suggest that your loan application is going to be reviewed by a few companies before being matched with the best lender according to your needs.

What is the Criteria?

  • Over 18 years of age
  • UK resident
  • Employed and able to afford monthly repayments
  • Valid UK bank account, email address and mobile phone
  • Bad credit considered

To be eligible for a loan with Knight Finance, you must be living and working in the UK, either full-time or part-time, since this gives us confidence that you will be able to use your salary from work and keep up with your repayments each month.

We are willing to take a view on bad credit histories, and are more interested in your desire to make future payments, not your past. We also consider CCJ loans, so if you have had a CCJ in the past, you can still apply and we will try our best to accommodate you. 

How Soon Can I Receive My Funds?

If successful, your loan can be funded within 1 hour or the same day of applying. Funds are transferred in one lump to your bank account.

Your loan application will undergo a series of credit and affordability checks to ensure that you can afford to make the repayments each month without falling into financial difficulty.

Whilst these checks are usually instant, we may require extra proof of income through a copy of your payslip or bank statement. This would be the only reason that your application would be delayed, otherwise, funds are usually available very quickly.

How Knight Finance Can Help

At Knight Finance, we work with a number of payday loans direct lenders only, who we have fully reviewed and have been authorised by the Financial Conduct Authority. We can ensure that your details will be held safely and securely through our website and your information will not be passed onto different companies without your permission.

Our entire application is online and can be completed by desktop, mobile or tablet in less than 5 minutes. You will be able to receive an instant decision on the screen and subject to further checks, you can receive your funds in less than 1 hour or the same day that you have applied.

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All reviews have been sourced from the UK Trust Pilot to certify authenticity.

Representative 277.5% APR

Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances

Non-payment could have a negative impact on your credit rating and have increased charges and interest rates.