Payday Express
Are you looking for Payday Express? They’re no longer trading but Little Loans could help with your loan search instead.
Little Loans as a Payday Express alternative
Little Loans is a credit broker not a lender.
- We work with a panel of responsible lenders who offer short-term personal loans from £100 to £10000.
- Repay your loan from 3 to 60 months depending on how much money you apply to borrow.
- We don’t charge any fees for our credit broking service.
- No-obligation quotes.
- All credit scores welcome to apply.
Who was Payday Express?
Established in 1999, Payday Express was a trading name of Instant Cash Loans Limited. They offered short-term and instalment loans from £100 to £2000 with repayment terms between one month and a year depending on the amount borrowed.
What happened to Payday Express?
On October 9, 2019, Instant Cash Loans Limited entered into a scheme of arrangement. The scheme allowed any customers with complaints to make redress claims.
Is it still possible to get a loan from Payday Express?
No, Instant Cash Loans Limited has ceased trading so applying for a loan with Payday Express is no longer possible.
Are there any alternatives to Payday Express?
Little Loans is a credit broker and we work with a large panel of lenders who offer short-term personal loans. We’d be more than happy to try and help you find a suitable loan.
Who can search for a loan with Little Loans?
To use Little Loans to search for a loan you must:
- Be over the age of 18;
- Be a UK resident;
- Have a UK bank account with a valid debit card; and
- Have a regular source of income paid directly into your bank account.
What if I have bad credit?
Little Loans work with a number of lenders who specialise in loans for those with poor credit. Before you make a full application you should bear in mind that bad credit loans often come with higher interest rates.
Is Little Loans regulated?
Little Loans is a trading name of Digitonomy Limited. We are authorised and regulated by the Financial Conduct Authority (FCA) and you can find our company information on the FCA register here.
To provide further peace of mind we’d like to reassure you that we only work with lenders who are also authorised and regulated by the FCA.
How can I use Little Loans to search for a loan?
The Little Loans process has been designed to be as straightforward as possible.
- Complete our online form; this should take no more than five minutes.
- We’ll run a soft search on your credit history; this won’t affect your credit score.
- If we’re successful in finding you a suitable match you’ll be redirected to the lender’s website where you can read the details of your loan offer.
- Should you decide to proceed with the loan you will need to undergo a hard credit search.* You may also be required to provide the lender with some further information such as a recent wage slip.
- If the lender is happy with the outcome of their checks you will be sent a loan agreement. Take your time to read through the terms and conditions before choosing whether to sign and return.
*Hard searches will remain visible on your credit file for up to 12 months. Too many hard searches within a short period of time could have a negative impact on your credit score.
How quickly will I receive my money?
If successful your loan could be sent the same day your application is approved although the time it takes for the money to appear in your account will depend on your bank’s policies and procedures such as if they accept Faster Payments.
Remember payout timeframes will vary between lenders so if you need money quickly – for example to pay an emergency bill - you may wish to check with your lender before you make a full application.
I’m struggling to manage my repayments; what should I do?
We’re sorry to hear that you’re experiencing difficulties in repaying your loan and understand how worrying this can be. While reaching out and speaking to your lender may be the very last thing you feel like doing it’s important to take that first step towards regaining control.
Your lender is not there to judge you. Instead they’ll appreciate the fact that you’ve got in touch and have been honest about your situation. They will be keen to work with you to put a suitable plan in place moving forwards.
Where can I access money and debt advice?
Money and debt management advice is widely available online for free through charities and organisations such as StepChange, MoneyHelper, Citizens Advice, and National Debtline.
This article is from June 2024; all information was correct at the time of writing.
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Representative example: Amount of credit: £1000 for 12 months at £123.40 per month. Total amount repayable of £1,480.77 Interest: £480.77. Interest rate: 79.5% pa (fixed). 79.5% APR Representative. We’re a fully regulated and authorised credit broker and not a lender