Payday Loans

£100 to £5,000, same day payout*

Representative Example: Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).


Payday Loans for Any Purpose – Borrow 100% Online, No Paperwork or Phone Calls – Cash Up to £5,000!

Boutell, assisted by its direct lending partners offer flexible payday loans, for any purpose for amounts up to £5,000. Borrow securely, online today and repay the loan back over 1 – 36 months. The choice is yours. No stressful and demeaning phone calls. No laborious paperwork or reasons for borrowing required. Just quick and easy fast cash from lenders who put the customer first. All are facilitated by our proprietary lending matching solution.

How much would you like to borrow?

Representative Example: Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).

We’re a well-established, well-known industry leader in this sector and are fully authorised and approved by the Financial Conduct Authority (FCA). And our payday loan brokerage service as with our other loan products is highly regarded. As is our on-going customer support. We’re here to help. So if you need cash in an emergency and are looking for an urgent loan until your next payday, look no further than Boutell.

Treating Customers Fairly and Responsible Lending

The fair treatment of our customers is something we strive for at Boutell and is perhaps the one element of our service we’re most proud of. You will not find any misleading or outright false information on nor throughout the payday loan application process in general. You will be informed of what is happening and why at every step of the way. You are also under no obligation to accept any loan offer presented to you. You must find the terms favourable.

In addition, we only partner with direct payday lenders who share our ethos with regards to responsible lending. Our lenders will not offer any loan to applicants they suspect might not be able to keep up with the monthly repayments. This is of paramount importance and is the cornerstone of responsible lending. So if you want to be treated fairly and be offered a responsible amount, Boutell is the obvious choice.

Payday Lending – Does Best Mean Cheapest?

New borrowers often attempt to seek out the best payday loan or even the cheapest (meaning the one which will ultimately cost them the least by way of repayments, interest etc). This can good be a good tactic assuming you still apply considerations for safety, security, and lender reputation. Below we’ll go through what to look for whilst endeavouring to find a cheap payday loan provider and what to look for in a lender if you’re truly seeking the best.

What Loan is “The Cheapest”?

To find the cheapest payday loan on the market, you’re going to need to compare multiple lenders for the same loan. Specifically the same amount over the same term. Each lender (and broker) is required to provide a representative example which prospective borrowers can use to calculate what the loan repayments and total amount due will be for the loan they desire. You can see our example above. If you do not yet know how much you wish to borrow and for how long, our £250 over 30 day example can be scaled up as required and multiplied by the variable interest rate provided. This should give you an idea of how much your repayments will be.

Who is the “Best” Provider?

In terms of identifying the best payday loan product (or provider) it’s going to depend on what you’re looking for. Some will consider the best payday loan to simply be the cheapest in terms of interest accrued (as per the above) whilst some will be happy to pay a bit more but be handled by a well-known, household name. The choice is yours. In our opinion, the best payday lender is one who offers you a fair, transparent, and competitive loan deal whilst being on hand to answer any questions you have on going. Fortunately all the lenders Boutell partners with offer this as standard. So whoever the direct lender is you’re matched with, you can be sure you’re getting a high level of service.

Boutell’s Eligibility Criteria

You will find that our core eligibility criteria is in line with most other short term payday lenders in the sector. We simply require your standard personal information along with a little bit of data surrounding your monthly income and expenditure. From this, our lenders can gauge affordability and calculate risk. To be eligible to apply for a payday loan via, you must: –

  • Be 18 years old or over.
  • Have a UK postal address and contact information (phone/email).
  • Hold and maintain a UK bank account (current account) that your income is paid into.
  • Have a regular income be it from employment, self-employment, pension, or benefits.
  • Be a full-time resident of the United Kingdom.

You must meet all the requirements below to be eligible to apply for a payday loan via Please also be sure to have all your personal information to hand before accessing our application form. This will help to speed up the application process. If you have everything to hand, the process can be completed in under 2 minutes. A true quick payday loan service!

Have Bad Credit? Boutell Can Help!

Having a bad credit score or history should not be the be all and end all when it comes to seeking approval for a bad credit payday loan. Credit mishaps remain on file for 6 years in the United Kingdom and such historic issues really don’t have a significant bearing on determining a person’s overall creditworthiness today. That is why our bad credit lending partners only use credit scoring to form part of the picture. The rest being affordability. So even if your report consists of numerous negative entries or black marks, there is still a high chance you can get approved. Even with VERY bad credit.

Well Known Causes of Bad Credit

If you suffer from bad credit, it’s important that you recognise what has led to your low credit score and what steps you can begin to take today to address the situation. Below we’ll give an overview of some of the more common causes of bad credit along with some tips on how to resolve such issues. Addressing any or all of the below will most definitely put you on the right track.

Electoral Register: If you’re not registered to vote, you won’t have an entry in the electoral register. And whilst voting rights or preference is entirely irrelevant to borrowing money, it is the go to resource for address validation on behalf of the lender. So not being present or your address not matching that which you entered on your application form can be seen as a negative. Fortunately, this is extremely easy to fix. Anyone of voting age can register to vote, even if living with friends, parents, or renting.

Past Payment Issues: Making a late payment (or missing scheduled repayments entirely) is perhaps the most common cause of a less than perfect credit score and unfortunately not one you can do too much about today. You’ll either need to wait however many months / years for their 6 year anniversary which will result in their removal, or you can attempt to offset it by taking on new credit and making regular repayments. Think of it as a basic scoring tally. Negative factors remove points, positive factors increase them.

Too Much Debt: If a lender sees you already have a large amount of credit, they may well be less likely to lumber you with more. Particularly if a lot of it is via credit cards or overdrafts and you’re sailing close to the limit. Lenders don’t like to see you’re spending all the money you’re afforded. They consider this bad financial management and will consider you to be at risk of being unable to keep up with your repayments given you have no funds available to service existing debt.

Over Usage: Going over an agreed limit is also a huge red flag. It shows that you’re not able to manage credit in a responsible manner and is often the first step in a downward debt spiral. If you’re close to your limits (or over them). It may be wise to take on more credit (if possible) to bring you back into the black. It’s not worth damaging your credit score for the sake of a little extra debt. Taking on a larger loan to consolidate some of your smaller debts may also be a viable option to lower your overall credit to debt utilisation ratio.

Credit Applications (and refusal): Each time a hard credit search is performed on you, a record of the search including the date, lender and why it is being performed is recorded on your report. Other lenders can see this data and if you’ve applied for a lot of little loans (and have been refused) it will make them reluctant to borrow you money. If other lenders have refused you, there must be a reason for it and they will often follow suit.

Applying out of Hours or on a Weekend

Whilst we offer an instant decision and same day transfer service, the time you apply in conjunction with the processing times offered by your bank will almost always factor. So if you’re looking to take out a payday loan quickly, you’ll need to keep that in mind. Below we’ll run through how borrowing over the weekend may limit your ability to receive fast cash and how bank transfer schedules work.

Weekend Borrowing

Those looking for weekend payday loans will almost always need to wait until the following Monday to receive the funds in their bank account. Loan transfers are sent at the lender’s discretion, and this is nearly always during regular working / business hours e.g. 9am – 5pm Monday to Friday. You can however still apply for a payday loan over the weekend, and you will be given the same instant decision you would be if you had applied in business hours. Some lenders process transactions on Saturday and Sunday but the bank transfer itself may not be performed until the following working day i.e. Monday.

Bank Transfer Timing

Each bank in the United Kingdom has their own time schedule when it comes to processing of payments and transfers. And whilst all of them subscribe to the UK’s faster payment system, it’s still actioned at the mercy of the banks own internal procedures. Single, direct payments are often processed immediately but can take up to 2 hours for the funds to arrive. This is often due to a scheduled time which payments are sent coupled with a scheduled time payments are received (by your own bank). Batch transactions such as those processed by a lender containing the previous evenings or weekends loan data may well only be processed once per day. Or at the very least and several specific intervals. This may cause a delay in you receiving the agreed funds.

Understanding Instant Approval and Same Day Transfers

Instant approval and same day transfer are two different things. Just because you are immediately approved for a loan, it doesn’t mean that a same day transfer will occur. Approval via a loan brokerage system coupled with lending partners such as the one we offer at Boutell is largely automated. This is how we can operate a 24/7/365 service with instant approvals. Loan transfers however are a manual operation which is why you may experience delays if you apply “after hours”.

Instant Payday Loans

When a lender (or broker) refers to an instant payday loan. They’re typically implying that you can take out a payday loan instantly as far as applying, being approved, and accepting the agreement goes. It does not mean that you will receive the funds instantly in your bank account. No payday loan service operates in this way. As touched on above, all applications need to be manually processed once approved and the fund transaction actioned. So please allow adequate time when applying for a loan via Boutell or elsewhere. Especially if you need same day cash in an emergency.

Same Day Transfers

Transfers can be actioned on the same day if you apply and receive approval during regular working hours. Most of the same day payday loan applications we process are in fact actioned on the day of the application however if you apply outside of business house it may need to wait until the following day. And just because a loan is transferred on the same day on the part of the lender, it may not be picked up as an incoming transaction until the next working day by your bank. Rest assured however, if approved and the loan agreement is accepted, you will receive the funds within 24 hours.

Borrowing Money Online as a Student

Students often need credit just as much or even more so than the rest of us. But funding options are thin on the ground. The reason for this is typically one of two things. Either affordability i.e. no surplus income left after expenditure to service a loan repayment or their credit rating. Or more specifically, a lack of one. It’s widely accepted that it takes credit to build credit and put simply, most students have not yet been afforded the chance to do so. But with that said, there are options on the table for students seeking short term credit.

Student Payday Loans

The payday loan as a product does not differ depending on whether you’re a student or in full time employment. Those seeking student payday loans will be required to go through the same loan application process as everyone else. However, most payday lenders consider affordability a key factor during the approval decision making process. So even though you’re a student, if you have income month to month (and some of it left over to afford the proposed loan repayments), your application will be considered.

No Credit Rating Required

A good credit rating / score most certainly helps when it comes to applying for any kind of loan product. But it’s not a necessity. Our lending partners specialise in payday loans for people with bad credit or even no credit rating whatsoever. They do this by looking at your financial situation as a whole and the conduction of an affordability check. A check of this nature is primarily used to assess how much surplus or disposable income you have left each month. A basic calculation of income less expenditure. If it’s deemed that you have enough surplus income to safely service the loan without leaving you short in other areas and you match all the above approval criteria, it’s highly likely you will receive acceptance. Even if you are in full-time education.

Payday Loans Without a Credit Check

In addition to those with bad credit, there are those seeking payday loans without any kind of formal check whatsoever. There are typically 2 reasons for this. The first one being that they’re simply worried that they won’t be approved due to a chequered credit history. And would like to avoid the credit checking process altogether. Or secondly that they’re worried about another black mark being left on their report due to a (potentially) declined credit search. And whilst as a broker offering payday loans in the UK we can sympathise with this, it’s not a service any reputable lender is able to offer and not something we’d recommend to our customers.

Do they exist?

The simple answer is no. Any reputable, FCA authorised lender must perform a credit check on all applicants. This is for your protection as well as theirs and it is a fundamental requirement that there is no getting around. If you see a lender claiming to offer a loan without a credit check, they may be referring to a soft check or pull which is still a formal credit check but one which does not leave a lasting record on your report in the way that a hard search would. Or they’re outright offering an authorised product which goes without saying, should be avoided.

Credit Checks Are for Your Own Protection

A common misconception is that credit checks are solely conducted to protect the lender. To make sure they’re lending money to someone who is considered a “good risk” thus the likelihood of them receiving the money back is high. But credit checks are there for your protection also and are a necessary component of the responsible lending model. Payday lenders do not want to burden you with loans you’re unable to pay back. This is not in anybody’s best interest. They also want to make sure that you’re not borrowing more than you’re able to pay back. Even if your credit record suggests you’re able to.

How We Compare

  • Boutell
    Why Use Us?
  • How much can I borrow?
    £100 - £5000
    No hidden fees
  • Over how long?
    1 - 36 months
    Flexible repayments
  • Can I apply with bad credit?
    Quick decision
  • How do I apply?
    Online fully SSL secured
  • When can I apply?
    Even on bank holidays
apply now!

Direct Payday Lenders – What Are the Benefits of Going Direct?

As a payday loan broker, one of the common questions we get asked if what are the benefits of choosing a broker such as Boutell versus going direct to a lender. In truth, it depends on what you’re looking for and your credit score can factor. Below we’ll look at the pros and cons of taking out a payday loan via a direct lender and offer an overview of why we consider utilising the service of a broker to be a better option. Particularly if you don’t possess an above average credit score.

Pros and Cons of Direct Lending

Pros: –
  • Possibility of cheaper rates if a deal can be negotiated directly.
  • Promotions / discounts given for applying direct.
  • Ability to research the lender before applying.
  • Contact information is readily available, often a direct line to your lender.
Cons: –
  • Only the specific lender will see your application.
  • Lower chance of approval.
  • Bad credit unlikely to be accepted.
  • Increased verification. Often via phone calls, additional paperwork etc.
  • Hard search on your credit report.

Is Payday Loan Brokerage a Better Option?

If you suffer from a low credit score, having multiple payday lenders see your application (even via an automated system such as ours) is highly likely to yield a higher chance of approval. It also allows lenders to propose what they’re willing to offer you and on what terms versus being outright refused if you were to apply direct. From time to time, our lenders will offer you a lesser amount than you originally requested. This is based on what they consider you to be able to safely repay. Applying via a loan broker such as Boutell can also afford you a quicker turnaround time with our automated instant decision system and same day transfer service.

Struggling to Keep up with Repayments? Worried about Debt? Help Is at Hand

Addressing the Issue

It’s important to take that first step, understand and realise that there is a problem and then plan out exactly how you’re going to deal with it. Whatever issue you’re experiencing, it’s imperative that you remember that there is always a way out. Even if you need to declare bankruptcy. And in most cases, with the help of debt management plans and Individual Voluntary Arrangements, it never need gets that far. All lenders want is their funds repaid and all of them would much rather work with you than against you in order to help achieve that.

Free Help and Guidance

All the websites below offer free, impartial advice on a wealth of different debt related issues. Some even assist with the setup and implementation of various debt management plans and solutions. So if you’re struggling with debt, be sure to check them out. Each has contact information readily available, so you can start addressing your issues today.

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