£50 Payday Loans
If you need a small amount of cash, a £50 payday loan could be the easiest option for your financial needs. At PM Loans, we offer loans for smaller amounts such as a £50 payday loan. We always perform credit and affordability checks to ensure our customers can comfortably afford to repay what they are borrowing, on time and in full
What are £50 loans typically used for?
If you’re looking to borrow £50-100 then it’s usually for what is classed as an emergency expense. Such small amounts are useful to pay unexpected utility bills, to carry out emergency home repair (such as broken down boilers or fixing water leaks) or for minor car repairs which can be vital for commuting to work for example.
Am I eligible for a £50 Payday Loan?
Though considered a small amount, there are still strict eligibility requirements that you must meet before being accepted for a loan of just fifty pounds. It may vary across different UK lending companies, but typically they are:
- You must be aged 18 years or older to qualify.
- Must be a UK resident and have a permanent UK address.
- You need to have a UK bank account and possess a debit card in your name.
- In order to satisfy repayment requirements, you should have a regular income.
- An active mobile phone number and email address are required to remain contactable.
Get a £50 Payday Loan today
If you need a small loan and are thinking about choosing PM Loans, you can apply today. So why not complete our online form to see the best possible payday lending options for you. Whether you’re looking for £50 or £1500 we can show you the best possible options for you.
Our payday loans are ideal for short-term situations. However, if you are experiencing financial difficulties, we suggest you seek free and impartial debt advice before considering a loan.