Review: Suspicious Website with No Reviews

What is Payday Loans Now?

Payday Loans is a registered trading name of Soiza Internet Marketers Ltd – an Introducer Appointed Representative of Quint Group Limited. The company is not a lender, but rather a credit broker. Payday Loans Now guarantees giving you a safe, fast, and simple experience when customers decide to take a short-term loan.

The company is based and operates within the United Kingdom and aims at offering a quick and easy service to brokers and lenders. According to the information placed on the website, they follow the rules set for responsible lending and try to protect clients from financial trouble. The company is authorised and regulated by the Financial Conduct Authority.

Loan typesMin.amountMax.amountPeriodAPRDocumentsPoor credit history
Payday loans, installment loans,  loans online, short term loans, logbook loans£100£50001 month to 1 year728%On a lender’s request onlyYes

Payday Loans Now Credit Solutions

Payday Loans Now offers a good selection of loan types online available to its clients. Their main specialty is short-term loans: payday loans and instalment loans that are the same in many ways, because they are given for a short period. However, instalment loans has one difference that distinguishes them from traditional payday loans – the volume of lending repayment options.

The company also offers logbook loans – a form of secured lending and is the most common example of a security bill of sale. This loan type mean that borrowers transfer ownership of their car, motorcycle or van to the logbook lender as security for a loan. An advantage of this loan type is that you can continue to use the vehicle.

logbook loans

Payday Loans Now guarantees that it does not take long to check a loan application. If approved, they will send the funds to the borrower’s bank account within 10 minutes of approval. They also emphasize that they cannot guarantee a loan, but have a high acceptance level and a quick decision. After a client submits his application, in most cases he will receive an instant decision. The company promises to do their best to give Yes or No as soon as possible.

Terms of Use

In order to apply for a loan with Payday Loans Now, users will need to fill out a very simple application form and correspond to the following conditions:

  1. Be over 18;
  2. Be a UK resident;
  3. Have a valid UK address;
  4. Have a monthly income (from benefits or a job);
  5. Have a UK bank account.

New customers can take payday loans and instalment loans from £100 to £5000, and returning customers can ask for more (though the limit is not specified on the website). Generally, people borrow from £100 up to £400, and it is easy to get loans of 100£, 200£, 300£, 400£ and 500£ that should be repaid monthly, as well as 7 day loans. Payday Loans Now mentions that their instalment loans are very flexible.

If borrowers need money for a longer period, they can ask to split repayments over a one to six month period.

The company also offers even a longer term lending which meets customer needs The client can apply for a 3 month loan and even a 12 month loan that have various fees (some higher, some lower) depending on the client’s requirements and whether the loan will be secured or unsecured. They also go by the names of short term, cash advance or bad credit loan and are generally repaid when a client receives his pay.

The broker ensures that he offers more opportunities than any local community. Payday Loans Now helps the customer get the best APR interest by comparing some lenders. We can see from the table below that Payday Loans Now offers the most beneficial interest rate online if compared to other lenders:Payday Loans Now comparison

The company informs the clients that the cheapest short term loan option is a £400 taken for 30 days. In this case, the total amount repayable will be £459.36 with an interest rate of 180.5% p.a, which can be considered relatively cheap.

Application Process on

On, you can apply online, it’s a 24/7 payday loan lender. The company guarantees their application process is fast, simple, safe and secure.

Payday Loans Now application

They claim to have no hidden fees and reassure that every aspect of users’ transaction has no hidden expenses. Payday Loans Now application process requires about 2-3 minutes. The user can choose the amount required right on the front page and start an application process immediately without registration:

Payday Loans Now application 2

There are no documents required from the borrower, and this accelerates the application process. The users need to provide Your Loan Details, Your Personal Details, Your Address, Your Employment Details, Your Finance Details. After the application is approved, the funds are transferred to the borrower’s bank account within 10 minutes (as advertised on the website).

The customers need to specify the amount of money they want to borrow and the length of time they need. After that, they need to verify their identity via mobile or email. Some lenders may require more information. Then the application will be submitted to the lender website and receive a decision.
Payday Loans Now requires no guarantor if a client is employed.

Loan Repayment on

Payday Loans Now loans are repaid when the borrower receives his next pay cheque, while instalment loans allow him to make several payments over a few weeks and up to a year. The company requires no cash or collateral up front. In general, the longer the customer borrows money for, the more interest rate he will have to pay on it.

The main page of the website warns the customers that late repayment can cause them serious money problems:

Payday Loans Now repayment

The company informs the clients that they can pay off some of their loan early, and it may save them money but they should bear in mind that many lenders will charge them an early repayment charge. We found no information on the ways borrowers can repay their loans.

Does Payday Loans Now Offers Loan Extension?

Unfortunately, the lender provided no information about the possibility to extend a loan and postpone a due date. So we suggest the customers should know exactly which period they need to pay off a loan. We also found no information regarding the possibility to take an additional loan when the first one is not repaid. The best option is to contact the lender and specify all these details personally. Bad Credit History

According to Payday Loans Now, there is one major factor that keeps many people from borrowing – this is a poor credit history. When clients submit their loan application, every lender is required by law to check his credit history. Those who have a bad credit have a higher probability of denying a loan. However, a credit history is not the only factor used by Payday Loans Now when deciding whether a man is eligible for a loan. The company generally uses the information provided in the application to determine whether a client can pay off the loan. Thus, customers who want a no credit check will probably find these conditions beneficial. Instead of being concerned with a bad credit history, focuses on whether a borrower is capable of a loan repayment. Probably, customers with bad credit will not be approved for large loans of 500 pounds, but they can easily get smaller loans up to 500 pounds.

Technical Characteristics of the Website

Is Safe in Terms of Connection?

The website uses a 128-bit SSL encryption which provides a minimal security of users’ personal information (login, password, address, banking information and so on). The security certificate is verified by Geo Trust Inc.

Payday Loans Now security

A 128-bit SSL encryption can’t be considered the best security provided. The customers require much more advanced encryption level to keep their transactions safe. Mobile Version

We used Google Search Console to check the mobile version of the website. Unfortunately, the analysis showed that the website is not mobile-friendly, and when using from mobile devices, users can encounter the following problems: the text is too small to read, a viewport is not set, clickable elements are too close together. And this is serious drawback, since for online lender websites, a mobile version is very important.

Payday Loans Now mobile version

PaydayLoansNow has to make its website mobile-friendly to attract more customers, as all of them want to use an online service which operates fast and functions properly even when visiting from smartphones and tablets.

Checking Antivirus

The website owner assures that uses Norton antivirus andprovides an icon to confirm these words.

Payday Loans Now antivirus

However, this icon is not clickable and we can’t be 100% sure that antivirus is really present on the site. We suggest, that the users can catch malware or viruses on their computer when visiting this online lender website.

Convenience of Using Payday Loans Now

The first thing we like about is that users do not need to register in order to start a procedure. As we have already mentioned, The application form is standard and short, and the user requires no guarantor an no faxing the documents.

The company gives many representative examples of loan terms which is very helpful – borrowers can better understand how it works. For example, the table below shows the terms and conditions for a client who takes 400 pound loan for a month:

Payday Loans Now example

The lender seems to care of its customers and takes efforts to make the website as convenient as possible by introducing a convenient Payday Loans Now calculator which help users to get a deeper understanding of loan terms and rates.

Despite all these advantages, the website lacks a FAQ page, and that is why many details remained unclear to us, for example, loan extension, late payment fees, the possibility to take a second loan, and some others. Besides, it took us to long to find all information about different loan types. For that, we had to screen too many similar pages with almost the same information. So, we can’t say that is an informative website.

However, we like that the application process is simple and does not require much time.

Is Legit?

Before you take a loan online, you should ensure that the website is legit. We checked legitability using and the results were frustrating: the online service has a 10% trust rating out of 100:

Payday Loans Now scamadviser

According to ScamAdviser, this website appears to be based in the United Kingdom but may also relate to the USA, and users should review this information carefully. The domain age is more than 3 years, but the website has a few customers. Obviously, Scam Adviser gives a poor rating to the online service since there are bad reviews detected. The data we discovered was disappointing and we can’t guarantee that the company is 100% legitimate. Reviews

On-site Payday Loans Now Reviews

Unfortunately, PaydayLoansNow website contains no customer reviews. The website has no section where people can share their experience with this online lender. Customers reviews should be a necessary part of any online service, because all people would like to know what clients say about the company, sometimes it is even a factor which help people to take a decision. And it’s justified – customer reviews is the best way of checking the reliability of the lender.  We were not able to assess the reliability of Payday Loans Now basing on customer reviews and had to search for them on other websites and forums. Reviews on Independent Websites

We checked the reputation of the lender basing on outside customer reviews. Regretfully, we found no Payday Loans Now reviews. And this is an alarming signal. The company could have had at least several reviews over 3 years of operation. ScamAdviser detected some negative reviews but we were not able to find them. In any case, this is a kind of warning – this means that the online lender is not popular among customers. Can we trust it at all?

Contact Us section

Contact Information

The company provided a the following contact information on the website: mailing address, email and phone number 0333 0030070.

Payday Loans Now contacts

However, the company mentioned neither the year of foundation nor legal address, and these aspects are very important to know.

Payday Loans Now Locations

The lender provides services all across the UK. For customer convenience, the company provided a full list of cities eligible for Payday Loans Now loans online:

Aberdeen, Aberdeenshire, Amber Valley, Angus, Aylesbury Vale, Basildon, Basingstoke, Bassetlaw, Bat, Blackpool, Bedford, Belfast, Birmingham, Bolton, Bournemouth, Bracknell Forest, Bradford, Braintree, Breckland, Bridgend, Brighton, Bristol, Broadlands, Broxtowe, Bury, Caerphilly, Calderdale, Cambridge, Canterbury, Cardiff, Carmarthenshire, Charnwood, Chelmsford, Cheltenham, Cherwell, Chester, Colchester, Conway, Coventry, Crewe and Nantwich, Dacorum, Derby, Doncaster, Dover, Dudley, Dumfries, Dunde, Erewash, East Ayrshire, East Devon, East Dunbartonshire, East Hampshire, East Hertfordshire, Eastleigh, East Lindsey, East Riding, Edinburg, Elmbridge, Epping Forest, Exeter, Falkirk, Fife, Flintshire, Gateshead, Gedling, Glasgow, Gloucester, Guildford, Gwynedd, Halton, Harrogate, Havant, Highland, Horsham, Huntingdonshire, Ipswich, Isle of Wight, King’s Lynn, Kirkless, Lancaster, Leeds, Leicester, Lisburn, Liverpool, London, Luton, Macclesfield, Maidstone, Manchester, Mid Bedfordshire, Middlesbrough, Mid Sussex, Milton Keynes, Neath and Port Talbot, Newbury, Newcastle Under Lyme, New Forest, Newport, Northampton, North Ayrshire, North Lanarkshire, North East Lincolnshire, North Lincolnshire, North Somerset, Norwich, Nuneaton and Bedworth, Oldham, Oxford, Pembrokeshire, Perth and Kinross, Peterborough, Poole, Portsmouth, Powys, Preston, Reading, Redcar and Cleveland, Reigate and Banstead, Renfrewshire, Rochdale, Rochester, Salford, Salisbury, Sandwell, Scarborough:, Scottish Borders, Sefton, Sevenoaks, Sheffield, Slough, Solihull, South Ayrshire, South Bedfordshire, South Cambdridgeshire, South Kesteven, Southampton, Southend on Sea, South Lanarkshire, South Oxfordshire, South Somerset, South Tyneside, Stafford, St. Albans, St. Helens, Stockport, Stockton on Tees, Stratford on Avon, Stroud, Suffolk Coastal, Sunderland, Swale, Swansea, Tameside, Teignbridge, Tendring, Thamesdown, Thanet, Test Valley, The Wrekin, Thurrock, Torbay, Trafford, Tyne, Vale of Glamorgan, Vale of White Horse, Vale Royal, Wakefield, Warrington, Warwick, Waveney, Waverley, Wealden, West Lancashire, West Lothian, West Wiltshire, Wigan, Windsor and Maidenhead, Wirral, Wolverhampton, Wokingham, Wrexham, Wycombe, Wychavon, York

Customer Support Service

According to the information placed on the website, the company values customer feedback and is always trying to improve its service. If customers have any questions or comments regarding the online services, they can contact Payday Loans Now customer support service via email or phone. Complaints are also welcomed, and the company promises to take them very seriously. If clients are not satisfied with any aspect of the lender, they can address it at Quint Group Limited, The Compliance Manager, Oxford House, Oxford Road, Macclesfield, Cheshire, SK11 8HS, or by email:

Since there is no Live Chat on the website, we decided to use e-mail indicated on Support page. The question was whether we need to provide some documents when applying for a loan online. We waited for a feedback from the company’s representative nearly 5 hours but nobody answered, though Payday Loans Now advertised a 24/7 customer support service. In fact, the things were completely different.

Conclusion is an online loan broker which has many positive aspects: it is available all across the UK, offers various loan options and lengths, has an appropriate percentage rate, an application form is quick and easy, there is no need to fax documents, customers are offered flexible repayment options.

However, the website had features that make it suspicious: Payday Loans Now has a poor trust rating on and does not have any customer reviews – neither positive nor negative. In addition, the customer support service is poorly organized. All these drawbacks prevent us from recommending to other customers. If you still decide to use the services of this online broker, do not forget to contact the lender and make sure the company is active.