The Answer To Your Cash Needs

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.

Home » Payday Loans Direct Lender Only

Payday Loans from Direct Lenders

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.

finding payday loans from direct lenders only

How Can You Tell if a Company is a 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.

Why not find out? Apply online!

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.

We understand that getting a loan from a reputable UK direct lender is a priority for some so our network is vetted and approved prior to acceptance. They also consider all credit scores when it comes to lending.
Knight Finance

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.