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Direct Lender Loans

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 money.co.uk and allthelenders.org.uk


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Why Choose PiggyBank?

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

There are many direct lenders that offer instalment and payday loans that can help people with short term financial difficulty. When applying for short term credit, it’s important to check if you are applying with a direct lender like PiggyBank, as some brokers charge fees. With PiggyBank you can apply online today and if approved we aim to payout your cash in as little as an hour.

PiggyBank is a 100% UK based direct lender and not a broker, which simply means you will apply directly to us and not to any other lender. If approved we will deposit the loan amount directly into your bank account.

What Is The Difference Between A Broker And A Direct Lender?

Unlike a direct loan lender, a broker will try to find a suitable lender for you, though some may charge you a fee for applying. This fee is because they act like a middle man, and may also receive a commission from the lenders they pass applications to. Once you’ve given the broker your details they may share your information with multiple companies, which means you have less control over your personal information.

Brokers must disclose their fees and the fact that they are not a direct lender. Although they’ll make it easier for you by passing on your details to lenders that may be able to fund your loan, you’ll need to make sure the loan lender they offer you is low interest.

What Are The Advantages Of Using A Direct Lender Like PiggyBank?

PiggyBank’s process is straightforward. All you have to do use our online loan calculator on the homepage of our website. You can use the sliders to select your loan amount and the repayment period.

PiggyBank offer short term loans from £100 up to £1,000. We offer a lot of flexibility with repayment periods, allowing you to repay weekly, fortnightly, four-weekly or monthly. You can repay the loan over 7 days to 5 months - it’s entirely up to you.

If you are approved for a loan with a direct lender they will be able to quickly transfer the funds to you. With a broker you are relying on a third party so the time from your application to being approved and paid out may be longer.

So, if you’re looking for short term financial relief in order to pay off an unforeseen expense, PiggyBank is here to help as a direct lender and not a broker. You may need the money to fix your car, repair damage to your home, or to cover a budgeting shortfall until your next payday. Not sure if you’re eligible for a PiggyBank loan? Take a look at our Eligibility page.

Are There Fees For Applying For A PiggyBank Loan?

There are never any hidden fees if you borrow with PiggyBank. We provide a full breakdown of exactly what you’ll be borrowing, what you’ll be repaying and when you have to repay it.

As we provide direct lender loans, and are not a broker, PiggyBank has all the tools at hand to assist you with your short term financial issues, and not hide any commissions or fees. PiggyBank offers flexible and fair payday loans as part of our responsible lending culture.

What Happens If You Can’t Make A Payment?

We’re here to help you. There’s no need to panic if your financial circumstances change in the future. The PiggyBank team is always happy to help, and we would ask that you get in touch with us as soon as possible. We’ll look at all options to try and get you back on track.

You can also contact companies like Step Change or the Citizens Advice Bureau if you think you need third party help with your finances.

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