Fund Ourselves

Payday Loans Alternatives from £50 to £500

Representative 533.24% APR

Payday Loans Alternatives from £50 to £500

£50 £100 £200
£300 £400 £500
Representative 533.24% APR

What is a Payday Loan?

Payday loans refer to borrowing a few hundred pounds, receiving the money upfront and repaying the full amount on your next payday, usually the last Friday of the month. This can give the borrower an important injection of cash to help pay for any pressing bills and emergencies.
However, the pressure to repay the loan in full on your next payday can add a lot of unwanted financial stress, repeat borrowing and a dangerous spiral of debt.
As payday lenders continue to come under fire by regulators and the media, more and more people are seeking payday loans alternatives and Fund Ourselves is delighted offer a viable alternative to its customers.

How is Fund Ourselves Different?

Fund Ourselves offers short term loans from £50 to £500 and you can choose to repay over 1 to 3 months.
Putting our customers first is at the heart of what we do. Not only are our rates lower than traditional payday loans, we offer no upfront fees, no late fees and a 12-month loan extension if need be.
We also offer free early repayment, so if you find that you are in a financial position to repay your loan early, you can do so, and you will not be charged any additional interest. In fact, you may save money overall, since your loan is accruing less interest.
Our model is powered by intelligent peer to peer lending – where the loans are funded by other people who are looking to invest and earn a return. This means that we can offer more flexible loan terms and those with better credit histories can be rewarded with lower rates.
You can apply online 24 hours a day, 7 days a week by desktop, mobile or tablet. Our application takes less than 5 minutes to be completed and you will receive an instant decision on the screen letting you know if you have been successful or not. We will carry out a few internal checks and if successful, your loan will usually be funded on the same day of applying.
We are a direct lender meaning that the entire loan process is managed by the Fund Ourselves team from start-to-finish. Whether it is the application, the checks, the funding and repayments – it is all carried out by our team. You have peace of mind knowing that your information will not be passed onto any other companies and there are no other middlemen or hidden fees involved. Simple.

Why choose Fund Ourselves?

  • - 5 minutes application / instant decision
  • - Money in account in the same day
  • - Flexible repayments
  • - No early payment fees
  • - No hidden costs / No hidden fees
Apply now
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

What are Payday Loans Used for?

Payday loans are commonly used for household bills and unexpected emergencies. When people are in between payment cycles from work and their next payday is just a little too far away, payday loans offer an effective injection of cash to pay off any emergency bills. This includes things like broken boilers, plumbing problems, car repairs and other pressing bills.

Am I Eligible?

To be eligible for a loan with Fund Ourselves, you will need to meet the following criteria:
  • Over 18 years of age
  • Full-time UK resident
  • Employed and earning a regular wage
  • UK mobile, email address and bank account
  • No recent CCJs, IVAs or bankruptcy

How Do Repayments Work for Payday Loans?

Repayments are collected each month on a scheduled repayment date. This is often a date selected by the borrower when they receive their next pay cheque from work e.g. 25th, 30th or last working Friday of the month.
Payments are collected in equal monthly instalments and you will receive a reminder on the days leading up to each repayment.
Funds will be collected automatically using a process called continuous payment authority, which ensures an automatic collection from your bank account. The process is simplified so you do not need to call up or make a manual payment online.

What Happens if I Cannot Repay?

Fund Ourselves is dedicated to helping people to improve their financial position. In the event of non-repayment, we may review and consider providing an extension of up to 12 months with no added fees. Please note that failing to make payment on time may impact your credit rating.
Apply now