Just like any loan, assessing suitability and affordability is crucial for quick payday loans from direct lenders. Operating under the oversight of the FCA as direct payday lenders, our practices adhere to responsible lending guidelines. High-cost short-term credit mandates a pragmatic approach; opt for the shortest feasible term, suitable for emergency scenarios rather than long-term borrowing. The 2015 FCA price cap guarantees that interest and fees will not exceed 0.8% per day, default fees capped at £15, and total repayments won't surpass 100% of the loan's value.