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We have implemented Open Banking and made numerous improvements to our application process, learn about them here

Payday Loans Online With PiggyBank

I'd like to borrow
I'll repay inover
14 days
on the
  • Feb 99th 9999 £999.99
Borrowing £265
Interest Rate 292% pa (fixed)
Interest £29.68
Total Repayable £294.68
To repay byTo repay in full by:

This is a bank holiday, are you sure you can repay on this date?

Representative 1270%APR

Minimum 1255%APR

Maximum 1698.1%APR

Representative Example

Amount of credit £250.00 for 30 days
Total amount payable £310.00
Interest rate 292% (fixed)
Interest £60.00

Learn more about APR here

Price Comparison

Compare different lenders on a Financial Conduct Authority approved price comparison website. We use allthelenders.org.uk

Why Choose PiggyBank?

Feefo Gold Trusted Service
  • Direct Lender
  • No Payout Fee
  • No Hidden Costs
  • Fast Online Application
  • Multiple Repayment Options
  • 100% UK Based
  • Fully Authorised by the Financial Conduct Authority

Don't Just Take Our Word For It!

Independent Feedback based on 198 verified reviews.
Lee Williams 13/10/2019
Short Term Loan
Cool and fast and the best
Trusted Customer 19/09/2019
Short Term Loan
Easy and very accommodating
Emelina Aukstuleviciene 14/08/2019
Short Term Loan
Everything is very convenient and fast
Trusted Customer 16/05/2019
Short Term Loan
Trusted Customer 10/05/2019
Short Term Loan
Trusted Customer 09/05/2019
Short Term Loan
Carl Gregory 09/05/2019
Short Term Loan
I was able to settle my debt early at a reduced rate 😁
Bridget Coatham 08/05/2019
Short Term Loan
Quick payment and affordable
Trusted Customer 08/05/2019
Short Term Loan
Received the money in no time
Russell Turner 07/05/2019
Short Term Loan

Why Choose Us?


We’re an open book.

PiggyBank puts you in control of your loan. You can choose the amount you want to borrow and the dates you want to repay. There are no hidden costs. You can also log into your online account and check any details you want.

More About PiggyBank


Easy as 1,2,3.

We like to keep things simple. So to apply, there’s a short simple online application with no added frills. Once you’ve filled it in, we’ll take it from there and make sure it’s affordable. We’re also here to help if you have any questions.

More About PiggyBank


Anytime. Anywhere.

We’ve built PiggyBank to work at any time on any device. It’s all online, so there’s no paperwork. You can also make a payment at any time via your online account, so if you want to pay early, you can save money in interest.

More About PiggyBank

PiggyBank Payday Loans

We are a responsible and reliable payday lender offering payday loans and instalment loans. Our short term loans are intended for people who need a convenient cash loan to cover an unexpected circumstance before payday. You can borrow between £100 and £1000, and returning customers can borrow up to £1500.

How Long Can I Borrow An Online Payday Loan For?

We’re a flexible direct payday lender that offers payday loans to UK customers between 7 and 35 days. Need a larger amount, or want to repay over several instalments? Then you can, by applying for a short term instalment loan over 2 to 5 months. You can also pay back your loan early to save on interest.

Can I Get A Quick Payday Loan?

You can get a payday loan quickly when you have an emergency cost. If your PiggyBank application is approved we will pay out your money using the faster payments service so you can get your money quickly. With PiggyBank you could get an instant decision of whether you’re eligible for a loan, which means if your loan is approved you could get your money on the same day. But we don’t cut corners when assessing your application— as a lender that’s dedicated to responsible lending, we do our utmost to ensure we only offer loans to those who can comfortably afford to repay their loan.

How Our Payday Loans Work

You can apply for most payday loans online these days, with no paperwork. PiggyBank’s entire application is completely online, so you can apply on the go on your mobile phone. Simply use the sliders on our loan calculator to select the amount you need and how long you’ll need it for. As with any loan application process, you’ll need to fill in a few personal details, your employment information, your income and expenditure. We’ll let you know exactly how much it will cost before you decide to apply. As a direct lender, if your loan application is approved we will pay your money straight into your bank account.

What If I’m Forgetful?

Don’t worry! We offer a payment reminder service to let you know before a payment is due, and check to see if anything’s changed. If your circumstances have changed, we want to help in any way we can. We can freeze interest and go through your options.

Things To Consider

You should check if you are applying for a payday loan from a direct lender or a broker. Some brokers may have hidden costs associated with applying and will pass your details on to other companies, so it’s best to be sure. PiggyBank is a direct short term lender. Therefore we will not share your information and have no hidden fees or costs so you can be confident that there won’t be any surprises.

Before taking out any loan, it’s a good idea to compare different lenders on an FCA regulated comparison website like money.co.uk. Because money.co.uk is approved by the Financial Conduct Authority, it could save you time and money by providing you with a variety of options. You should also think about whether borrowing money is the right thing to do. Are you borrowing to pay off other debts? If you need help with your finances, you may wish to contact companies like Step Change for free impartial advice.

Need Any Help?

Have a look though our FAQ if you still need any help get in touch using the details below.

Most popular questions:
View FAQ

Get in Touch

  • Telephone:
  • E-Mail:
We're available:
  • 8AM - 7PM
  • 8AM - 4:30PM
  • 9AM - 1PM
  • Monday - Thursday
  • Friday
  • Saturday

PiggyBank Loan Information

Loan Repayment

You agree to repay us the amount payable on the agreed repayment dates, as per your signed legally binding loan agreement. We will collect these payments by debiting the debit card you have registered with us at anytime on the agreed repayment dates. Failure to repay your loan in full on the agreed date will incur a:

  • £15 missed payment fee

Continuous failure to repay your loan will result in:

  • Daily application of interest against the outstanding balance
  • Possible legal action

Loan Terms

Please be aware that the minimum repayment term for a PiggyBank instalment loan is two months. You can apply for a one time repay back payday loan and repay back from seven to 35 days.

The maximum term for a PiggyBank instalment loan is five months. This can be split into five monthly payments or even spread weekly to suit your needs. A PiggyBank short term loan can be taken from two months to five months. But please be aware that this loan can be paid back at any time with no penalty.

Failure to Pay

If you don't communicate with us and we can't recover the money over a reasonable period of time, your account will be passed to our Recoveries Team. Failure to repay a loan may also mean that Credit Reference Agencies (CRAs) will record the outstanding debt. This information may be supplied to other organisations by CRAs and Fraud Protection Agencies (FPAs). Records may remain on file for six years after they are closed, whether settled by you or defaulted.

Defaulting on your loan will negatively impact your credit rating. If you are unable to keep to the terms of your loan agreement, our Customer Care team are available from Monday to Saturday to work with you and help clear your loan balance in an affordable and manageable way.


During the time your loan is in arrears our collections team will make every effort to contact you to discuss your loan and they will do their best to offer a solution and come to an arrangement which suits your financial circumstances and is affordable.

Please be aware that if you can't pay your loan back via your debit card, you can make full payment via bank transfer.

Loan Deferral

An option to defer your loan repayment may be available. To be eligible for a loan deferral you will have to undertake an affordability check to ensure that PiggyBank is being responsible in its lending. You should be aware that if you are approved, you will have to:

  • Clear the interest on your initial loan and
  • Sign a new loan agreement

Your repayment date will then be changed and interest will continue to be charged at the standard 1270% APR representative rate. Each loan deferral is considered on an individual basis.

Collections Process

Collections Process

If you’re having problems making a payment please contact us directly so that we can discuss your payment options. We are here to help and will make every effort to reach a solution with you. You can contact us via telephone or email. We will freeze interest and charges if you are experiencing financial difficulty.