Payday Loan FAQ

What is a payday loan?
A payday loan is a cash advance for consumers who need cash quickly before their next payday. Borrow a fixed amount of money for a short period of time and repay the loan according to a lender’s terms.

What do consumers use these loans for?
Consumers need cash for urgent expenses. A payday loan is not a long-term financial instrument like a credit card or home loan. Consumers might use payday loans for car repair, child care or other unexpected expense.

How much can I borrow?
As your broker, we take your financial information and submit it to different payday lenders. If you meet a lender’s qualifying criteria, you can get approved for amounts from £100 to £2000.

What is the process?
Choose the amount you want to borrow and the number of days you need for loan repayment. Do the online application, including giving us your basic demographics, payroll information, and bank account details. If you are 18 or older and a UK resident who meets the qualifying terms of a lender, get approved in about 15 minutes.

How long do I have to repay my loan?
We allow you to choose up to 30 days for repayment of your loan. A loan is typically due on your next paycheck date.

How much will I pay in fees?
Every lender we work with has its own criteria for repayment. Before you accept the terms, learn how much the loan will cost you, such as borrowing £100 and repaying the amount of £120. A fee is calculated as an annual percentage rate (APR). Lenders offer different APRs.

Are you the lender?
We are not a lender. We are brokers who connect customers with a variety of payday loan companies. We take your information and help you get a payday loan entirely online from a registered lender.

How do I choose a lender?
Choose a company that is registered with the Financial Conduct Authority in the UK. A legitimate lender posts its FCA registration information on its website.

What happens if I can’t repay my loan on time?
Contact the lender who issued your loans if you cannot repay your loan as agreed. Failure to pay the loan under the original terms may result in additional fees, such as a late fee. The lender will consider these situations on a case-by-case basis.

When is your service available?
Our loan application form is available 24 hours a day, seven days a week.

How long does the process take?
It should take 1 minute to complete the online application. Receive a response within 15 minutes. Expect the loan funds to be deposited into your account the same day.

Do I have to give a reason?
As a payday loan customer, you do not have to give a reason. Borrow the money and use it for unexpected expenses. The application process and delivery of loan funds are completely confidential.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk. Representative example: £400 borrowed for 30 days. Total amount repayable is £459.36.
Interest charged is £59.36, interest rate 180.5% (variable). Representative 728.9% APR. Titanpaydayloan.Co.uk is a registered trading name of Hellcat Media Limited
which is an Introducer Appointed Representative of Quint Group Limited, who are a credit broker not a lender.