WARNING: Late repayment can cause you serious money problems. For help, go to: moneyadviceservice.org.uk

£100 Flexible Payday Loans

We understand that not everyone is looking to borrow large amounts, but it’s handy to have a little extra help when you receive an unexpected bill or your car breaks down - especially if there are a few weeks till payday. With a loan from PiggyBank, you can borrow £100 up to £1000 and spread the repayments over 7 days up to 5 months.

I'd like to borrow
£265
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

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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

Why Might You Need a £100 Loan?

Unfortunately, there’s no way to account for the unexpected. Yet emergency expenses are something we all have to deal with at some point in our lives. Whether it's a sudden small home repair or covering a one-off bill, a £100 loan can tie you over until your next payday. 

Payday loans are a lot more flexible than traditional forms of credit. Typically banks and building society’s don’t offer small loans to cover small expenses, meaning you may end up borrowing more than you need. With a PiggyBank loan, you choose exactly how much you need.

What Are The Benefits of a £100 Payday Loan? 

Helps you out of a difficult financial spot. 

Small payday loans are a speedy source of cash when you're in a tight squeeze. Whether your car breaks down or your washing machine starts to play up, a short term £100 loan can provide the money you need in a few hours.

It can help boost your credit score.

A great way to boost your credit score is having a history of on-time payment. By keeping up with the loan repayment, you could start to see your credit score improving.

You can use for £100 loan for anything unexpected 

Whether you’re looking to make a small home repair or pay for some new car tyres, we will be able to help. 

It could save you money

If an unexpected expense leaves you without enough money until payday, unarranged overdraft fees and other charges can mount up quickly. By taking out a small £100 loan to cover the unexpected expense, you could reduce the amount you pay overall.

Do PiggyBank Offer £100 Loans?

At PiggyBank, we offer loans between £100 and £1000, however if you’re looking for a payday loan, you can borrow up to £400 for 7 to 35 days.

You can use our loan calculator to calculate how much you’d be repaying, depending on how long you’re looking to borrow the funds for. Interest is applied at 0.8% per day, so if you borrow 100 pounds, the interest would be 80 pence a day.

PiggyBank is a direct lender not a broker, which means that if you’re approved for a loan, we’ll pay the funds directly into your bank account. It’s a good idea to always check to see if the company you’re looking at is a direct lender, as brokers can sometimes charge fees for their services. We won’t charge you a fee for taking out a loan with us.

Can You Apply for a Payday Loan of £100 With Bad Credit?

Unlike some lenders, PiggyBank will still consider £100 loan for bad credit borrowers. 

All PiggyBank applications require a credit check, but you don’t necessarily need a perfect credit score to apply for a PiggyBank payday loan. You might have poor credit if you made a few late payments in the past, or missed a repayment. As your credit history stays on your credit file for 6 years, these negative marks could be due to things that happened years ago, but could still affect your chances of taking out credit. Having a ‘thin credit file’ can also result in having a poor score - this is when you don’t have much of a credit history, so lenders are unable to assess your creditworthiness. 

We always look at your more recent credit history when making a loan decision, and review each case on an individual basis. As a responsible lender, we make sure that making the agreed repayments won’t put you into financial difficulty.

Do PiggyBank offer £100 loans?

Yes - we offer loans between £100 and £1000. You can borrow a payday loan up £400 for 7 to 35 days, or if you’re looking to borrow more, you can borrow up to £1000 and repay in monthly instalments. Find out more about instalment loans here.

Piggybank is a payday loans direct lender and is authorised and regulated by the Financial Conduct Authority. This means we only lend money responsibly and you’ll never be charged more than £15 in fees and charges or pay more than twice of your borrowed loan amount. We’ll also make you aware of the interest rate, the total amount repayable, payment dates and charges before you sign the agreement. We also don’t charge you if you wish to pay off your loan early. 

If you’re contemplating applying for a small loan, it’s important to consider whether borrowing is the most suitable option. If you’re able to save for what you need, this is likely to be a better option as it’ll be interest-free. We don’t recommend borrowing credit to repay existing credit with other loan lenders as this can lead to serious money problems, lowering your credit score and a debt spiral. If you require help managing your debts, you can contact Step Change for free independent advice. 

How to apply for a £100 loan

In order to be eligible for a £100 loan with PiggyBank you must:

  • Aged 18 or over
  • Be a UK resident
  • Be in full-time or part-time employment
  • Hold a UK bank account and mobile number

You can find more information about the eligibility criteria here. We only offer assistance to those who we feel will be able to afford to repay their loan without putting themselves in financial difficulty. 

As long as you meet the eligibility criteria, you can apply for a payday loan of £100 to £400, or an instalment loan up to £1000, simply complete our application form with a few details about your income and expenditure, as well as some personal information and employment details. We’ll let you know your loan decision as soon as possible. We aim to pay out within an hour of approval.

Apply Now!