Payday loans from £100 to £2,500

When you apply for a loan at Sunny, you’ll receive an instant decision. This confirms your likelihood of being accepted for the loan or not – Lenders use soft search, which means they check your credit report without leaving a mark. If you are approved for your loan, you will receive confirmation of the amount and when this will be paid into your bank account. Lenders strive to transfer all loans that have been accepted on the same day^#.

Many people in the UK – 35% of households according to the Money charity – don’t have enough savings to cover an unexpected cost. This is where a payday loan can come in. These loans can be used to bridge the gap between an unexpected expense and payday. They are usually for small amounts and come with high-interest charges, so you would only take one on in an emergency and if you are confident you will be able to repay shortly after.

Payday loans are suitable for people from all kinds of credit backgrounds. Even if you have a lower credit score, you may still be eligible to borrow with a payday loan. However, if you have poor credit history, you may find that you cannot borrow as much as you perhaps would like, and may face higher interest rates because of this.

Yes. As part of their commitment to responsible lending, lenders carry out credit and affordability checks on all applications submitted. This assists with fraud prevention and also ensures they only approve applications from people who we believe will be able to repay what they borrow. You can learn more about credit checks and how lenders use the information provided by Credit Reference Agencies (CRAs) by visiting the “Your Privacy” section of our website.

Sunny is a loan introducer. Working with one of the UK’s largest brokers, we provide access to a market-leading panel of lenders to help customers find the best loan for their circumstances. We do not charge any fees for our services and can help even if you have been declined elsewhere.

In the past, the interest and fees on payday loans were unregulated and some companies placed very high-interest rates on these products. This led to people finding themselves owing a lot more than they initially budgeted for. Here at Sunny, we strive to offer “life support” to those who need it. This is why we, our broker partner or their lenders never charge fees on payday loans and encourage you to repay early to save money on interest wherever possible.

Applying for a loan is very straightforward via our simple online application, which delivers a decision in minutes. If your loan is approved, the money you borrow can be sent to your bank that same day.