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WARNING: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Please note: We are a broker, not a lender, and do not make credit decisions.

Rates from 35.9% APR to max 1304% APR. Minimum Loan Length is 3 months. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 3 months. Total amount repayable is £411.63 in 3 monthly instalments of £137.21. Interest charged is £161.63, annual interest rate of 292% (fixed). Representative 1192% APR (variable).

Subject to application being approved by the lender. Not all lenders are able to provide up to £5000

We are on the FCA register please see here


We never charge any fees,
our service is 100% free

Good and
Bad Credit Welcome

Guaranteed the best rates to your
circumstances from 40+ lenders

If approved, the money could be
in your account the same day

1st Class loans isn’t a direct lender for payday loans bad credit

Here at 1st Class Loans, we want to be completely transparent with our customers which is why we inform you that we are not a direct lender which directly offers payday loans for very bad credit. We are in fact an introducer to T.UK who are a licensed credit broker.

But what does that mean for you?

When applying through 1st Class Loans for a very bad credit loan, your loan application will be processed using the software, which is an award-winning technology. This technology could match you to a direct payday loan lender with the lowest rates to your circumstances, from over 40+ lenders.

Before we answer a few frequently asked questions, we ask that you take a moment to consider if a loan is right for you, and to make sure that you only apply for a loan as the last resort. Payday loans should only be taken out when you need emergency instant cash.

If you have already taken a payday loan for bad credit from a direct lender and you need another loan to pay the 1st loan off, we suggest that you read our caught in the payday loan cycle blog or seek professional financial help from Step Change or Money Advice Service

FAQ on Payday loans direct lenders for very bad credit

Below, we have answered some of the most popular FAQs about bad credit payday loans regarding direct lenders.

Are you a direct lender offering bad credit payday loans?

No – We are not a direct lender but we use software to help customers get the lowest rates for payday loans with bad credit from FCA approved direct lenders. Our service is 100% free for you to use!

Applying through 1st Class Loans can I get a payday loan direct lender no credit check loan?

Customers searching for “bad credit payday loans direct lender no credit check” need to understand that there is no such thing as a no credit check loan. All direct lenders will conduct a hard check on their customers as part of the responsible lending duties.

However, applying through 1st Class Loans you can get a no credit check loan quote from 50+ payday loan direct lenders, some of which specialise in bad credit. If you are provisionally pre-approved, then the direct lender will then carry out a hard search on your credit report.

What are the benefits of applying through 1st Class Loans instead of a direct lender for a bad credit loan?

Short term loans for bad credit have higher interest rates than mainstream lending. So finding the lender with the best rates available to your circumstances is key in making sure you are not paying back unnecessary costs in additional interest.

But how do you make sure you’re choosing the right lender with the lowest interest rates available to you? That’s where we come in!

One of the biggest benefits of applying for a loan through 1st Class Loans is that the software will always match you to the lender with the lowest rates available to you. Saving you time in searching around and completing numerous applications form if certain lenders decline your application. With our quick quote form, the decision is found for you.

I’m not sure I can pay back my bad credit payday loan from a direct lender?

If you are struggling with repayments, then you will need to contact your lender directly. As we do not fund the loans directly ourselves, we cannot agree to any changes to your contractual repayments.

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