How it works

Ever wondered how short term loans work? Read on for our simple application process.


Step 1 – Choose your amount

Use our online loan calculator to choose your loan amount. Then, choose how long you want the loan for and your estimated repayment will be calculated.


Step 2 – Complete Application

The application process is easy! Click apply now and enter your personal details, income, expenditure and bank details. Submit the form and you'll be contacted within minutes with a decision.


Step 3 – Receive Your Loan

We will try to match you to a lender with the information that you have provided. They will complete the process and your loan will be flying into your account.

About Us

We can give you access to one of the UK's largest panel of lenders, to find the best loan deal available for you.

Using innovative technology, PMLoans offers you an efficient, easy and fast application process, which will allow our customers to securely apply for a loan. If we can't lend to you directly, we aim to match you with lender that can satisfy your requirements.

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Loans From PMLoans

At PMLoans, we specialise in providing loans to individuals who need a quick injection of cash in an emergency. All of the loans that we provide here at PMLoans have competitive APR rates with reasonable and fair repayment terms. We differentiate ourselves from the other lenders in the market today by being both a direct lender as well as a loan broker. This means that our customers have access to a wide and varied range of different lenders and products, they can, therefore, source the perfect loan product to suit their needs and their situation. All of our loans are incredibly versatile, apply online today to source yourself a short term loan from PMLoans.


What Is The Rate Of Interest On A Loan From PMLoans?

Our rates of interest vary and are dependant upon a number of different factors, including the amount you wish to borrow and the length of time you wish to borrow it for, your personal circumstances, as well as your financial history.

To find out the amount of interest you will be required to pay back on your PMLoans loan, all you need to do is use our online loan calculator above. Input the amount you wish to borrow and the amount of time you would like to take in order to pay it back in full, and you will be shown the amount of interest you will be required to pay each month as well as your total monthly payment amount. If you would like to learn more about our process,  see how it works here.

What Can I Spend My Loan On?

A loan from PMLoans is as an emergency form of borrowing that is designed to cover an unexpected expense such as a vital car repair or an unexpected bill. Our loan products therefore are not a viable option for individuals with long term debt issues, nor are they intended to be used for luxuries or for unnecessary purchases. Typically, our customers spend their loans on:

- Recovering financially from an unexpected or a sudden emergency, such as a boiler or a washing machine breakdown
- Unforeseen bills, such as a vet bill or a medical bill
- Repairs to their vehicle, especially when that vehicle is essential for work or is needed to travel to and from work

How Do I Apply For A PMLoans Loan?

To apply for a PMLoans loan all you need to do is fill in our short and simple online application form. The information that we need from you will allow us to confirm:

a. Your identity
b. Whether you are able to afford the repayments on your loan
c. Your credit status

You will also need to submit a statement of income and expenditure as well as a copy of your ID (passport or driving licence).

How Much Can I Borrow With PMLoans?

At PMLoans we are able to offer our customers a range of flexible borrowing solutions. Our loan amounts start at just £50 and rise to a maximum of £1500. As an FCA authorised lender, we limit borrowing to £1500 to ensure  that our customers are able to afford their repayments comfortably. Find out how much you can borrow with a payday loan from PMLoans.

Can Anyone Apply For A Loan From PMLoans?

In order to apply for a loan, applicants must:

a. Be over 18 years old
b. Be a UK resident
c. Be employed (in some circumstances other forms of income may be considered)
d. Meet the affordability and credit checks which we and our lenders request

To discuss our eligibility criteria, or if you have any further questions for us then please get in touch.

My Loan Has Not Been Approved: What Can I Do?

Because we work with a panel of lenders as well as lending to you directly, we are usually able to find one who will lend to you, even if you have a bad credit rating. If we can't help, we can signpost you to other agencies who may be able to assist with your debt issues, for example, Citizen's Advice; StepChange; Money Advice Service.

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If you can’t find what you’re looking for in our FAQs, make sure to contact PMLoans today.

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