Payday Loan

Without the Fees!

Payday Loan with No Upfront Fees, Late Fees, Late Interest, or Default Fees.

The only cost is daily interest of 0.8% on the amount you borrow

apr rate

Due to the ongoing pandemic, THLD are currently unable to offer new loans.

Please complete the application form, ensuring the 3rd party permission is checked, and we will pass your details (in real time) to other short term lenders and trusted partners that may be able to facilitate your application for a short term loan or other related product.

Keep checking this page for updates as the situation may change.

Choose your loan amount

*First time borrowing may be limited to £125


How it works

1. Apply

Complete our online application form to see if you meet our initial criteria for quick cash. If you do, our underwriters will personally assess your application for credit to see how we can help.


2. Get Same Day Funding

After speaking with a qualified candidate, we offer same day funding. Unlike other lenders, we do not have to wait for a third-party transfer. Funds are paid directly from us and will appear as “THL Direct” into your bank account.

3. Flexible Repayment

We practice responsible lending and in turn operate a flexible payment structure. Your payday loan payments can be paid weekly or monthly to suit your situation Contact us to learn more




“Easy quick service very helpful and friendly would recommend to anybody”

Bryn Jarvis

“They have been very good very open very happy how i was spoken to so polite it make a change to talk to a company like this. I would recomend this company all day long Thank you very much”

Courtney Mccaulsky

“Always done with a minimum of fuss and the staff are always polite. Would highly recommend!”

Ross Lewis

“Very quick and easy happy days .”

John Martindale

“My re-loan application was handled swiftly in my time of need as my boiler had broken. Couldn't have asked for better or expedient service. Thanks”

Matthew Wheatley

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Why choose Us

a payday loan instalment direct lender like THL Direct?
Settle at Any Time

Being a responsible lender we allow you to settle at any time without any penalties. If approved, your payday loan will be set up for payment over multiple months but you can contact us at any time for a settlement balance. This allows you to only pay for the time you borrow.

Fast Easy
Fast Easy Acceptance

As a direct lender, we can help a variety of people in many different circumstances. Our underwriters personally assess each application for credit to see if we can help and if you meet our initial criteria

Compare THL Direct

We are fully licensed authorised by the FCA as a payday loan instalment direct lender. Our payday instalment loans are set up for payments spread across multiple paydays. Compare us to others! You can find a loan comparison site here.

Three month
Three Month Loans

We don’t offer a 1-month payday loan but as a direct lender, we have a similar alternative. Our 3-month instalment loan provides better flexibility for repayments and allows you to settle at any time only paying for the time you borrowed.

Paid Weekly?

We understand that not everyone has a monthly payday or finds a big monthly payment easy to budget. To help with this we give you the choice of repaying your loan weekly or monthly. This allows you to only pay for the time you borrow.

Clear and Transparent

We allow you to be in control of your short-term loan. You decide how much to borrow and the dates to pay the loan back. We pride ourselves in being a transparent lending and having no hidden costs or fees.

FAQ About Payday Loans

Payday loans without the fees
Can I Have a Loan?

You don’t need to have a perfect credit rating; we carry out many checks to make sure the loan is affordable and we are lending responsibly.

How do I get my Loan?

You can apply for your short-term loan online.
Our application form is only available online, so you can complete the form when it best suits you. We’ll ask the usual personal details, about your job and your income and outgoings

How long can I have my loan over?

Please be aware that the minimum repayment term for a THL Direct instalment loan is three months.
The maximum term for a THL Direct instalment loan is 3 months.
A THLD Payday loan or short-term loan can be paid back at anytime within the term with no penalty.

How Much Can I Borrow?

You can borrow between £150 to £550, returning customers can borrow up to £550. We’ll always advise you how much it will cost before you decide to proceed. We don’t have any hidden fees or costs. Nobody likes surprises.

What Purpose Can the Loan be for?

Our short-term loans are for any unexpected expenses that may arise, from your car breaking down to boiler repairs.

How Will I Remember to Pay Back the Loan?

We will send you a reminder before the payment is due back and to make sure everything is okay and if there are any changes in your circumstances. If your circumstances have changed, we will work closely with you to get things back on track.

Paying your loan back

Once you have agreed to repay the amount payable on the agreed repayment dates, as per your loan agreement. We will collect these payments by debiting your debit card on the agreed repayment dates
Failure to get your loan repayments back on track will result in:

  • Possible legal action

If your loan goes into arrears our customer service team will work with you to find the best and affordable solution to get you back on track.
We are able to accept payments by Bank Transfer as well as directly off your Debit card.

Defaulting on your payday or short-term loan

If you’re having Difficulties making a payment, please contact us as soon as possible so to go over your payment options. We are here to help you and work hard to make every effort to reach an acceptable solution with you. You can contact us via phone or email.

If you do not call or email us and we are unable to take payment over a reasonable period of time, your account will be passed to our debt collection company.
If you do not repay your loan it may also mean that Credit Reference Agencies (CRAs) will record the outstanding debt. This information may be supplied to other organisations by CRAs and Fraud Protection Agencies (FPAs). Records may remain on file for six years after they are closed, whether settled by you or defaulted.
Unfortunately, by defaulting on your payday or short-term loan if will negatively impact your credit rating. If you are unable to keep to the terms of your short-term loan agreement, our Customer Care team are available from Monday to Friday to work with you and help clear your loan balance in an affordable and manageable way.

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REPRESENTATIVE EXAMPLE: £200 loan taken out over 3 Months (83 days). Annual rate of interest 292% fixed. Cost of credit £113.08. Monthly Payments: £104.36, £104.36 and £104.36. Total amount payable: £313.08

Ready to Get Your Money?