Payday loans are small and unsecured short term loans, but can also be referred to as quick loans, personal loans or instalment loans. They are traditionally designed to help you with financial stability until payday and are usually easy to get, but the interest rates can be very high. Our short term loans alternative to direct payday loans allows you to borrow amounts between £300 to £1,500, dependent on affordability checks, to be repaid over the course of up to 6 months with flexible repayment terms. This makes them easy to manage and you will have longer to pay the loan back, so our short term loans are more convenient than most payday loans in the UK.