Payday Loans Explained

This 60-second video explains what a payday loan is and why Solution Loans may be able to help you.

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Video Transcript

Unfortunately the reputation of payday loans was damaged many years ago by irresponsible lenders. Thankfully new rules have cleaned up the industry. Gradually payday loans have become the proper short term borrowing facility they were always meant to be – something to be used only very occasionally to cover an unforeseen financial circumstance. With limits on the cost of credit and mandatory affordability checks you can have more faith in payday loans and payday lenders than ever before. Solution Loans works with a leading-edge payday technology partner. This way your enquiry has the best chance of finding a decent payday lender. And, as ever, technology means you’ll instantly get an answer and your loan is only moments away. Convinced a payday loan is right for you? Then submit your details to find your ideal lender now. Not so sure? Then use our Find A Loan tool to discover other loan options.

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For over a decade Solution Loans has helped people all over the UK find solutions to their personal finance problems.

OUR REPUTATION Instalment Loans


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Our reputation is great. In fact we have scored 4.6 out of 5 based on 308 ratings & 53 user reviews for our short term loans service.


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Written/Reviewed by: Amanda Gillam

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