To receive a payday loan having a debit card will satisfy the requirement of having a UK bank account for repayment, however there are several other criteria that may be necessary for eligibility. Some of these include: being at least 18 years of age; a UK resident with proof of UK address; able to show evidence of regular income; and willing to undergo a credit and affordability check.

As an alternative The Money Platform offers peer-to-peer short term loans to creditworthy people that need quick cash, transparent terms, and great customer service. Matching lenders with borrowers and cutting out the middleman we ensure borrowers get their funds quickly with full support every step of the way, thereby benefiting British people, not banks. See if you qualify in under 90 seconds.