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Lending Expert's

We’re finance experts. This means we know our stuff when it comes to helping our customers find the right personal loan for them. We know where the best deals are and have access to exclusive deals just for Lending Expert customers.

Huge Market Comparison

As a comparison website and credit broker we’re not tied to one credit card provider. This means we can search the wider market to find you the best personal loan deals from across the UK.

Authorised & Regulated

Lending Expert is an FCA regulated credit broker which means if you decide to proceed with loan you can be assured you are dealing with a legitimate and reputable finance company.

Saving You Money

We will search the market to find you the best loan deals. Our comparison service will save you time and money and ensure you're getting the right type of payday loan available.

Using a debt consolidation loan can help you consolidate all your outstanding debts into one single, more convenient personal loan, giving you one single monthly repayment to make and helping you pay off your debts in a more practical and cost effective way.

Why Should I Apply for £500 Loans with Lending Expert?

If you are looking for 500 pound loans, Lending Expert can help you compare rates and get funds as soon as possible.

We work with the whole market of lenders in the UK – who we regularly review to ensure they uphold the highest level of responsible lending.

Loans can be very useful for an emergency expense if you are looking to borrow £50 to £1,000 – and our online application is completely free of charge and will not impact your credit score.

Simply click on ‘Get Started Now’ and complete our online application in less than 5 minutes and you will receive an instant decision on the screen. Subject to final checks, your loan can be approved and funds sent to your bank account in 1 hour or the same working day.


What is a Payday Loan?

A payday loan allows you to borrow money until your next payday – helping you get money upfront in one lump sum and then you can pay the full loan amount and interest on your next payday from work. 

Payday loans are commonly used to pay for emergencies such as car repairs, broken boilers and any other pressing bills.

The money is paid into your bank account and collected automatically at the end of the month or your next pay date from work.

A typical payday loan lasts for 14 to 30 days, but today, they can extend to as long as 12 or 24 month, known as instalment loans.


Key Features 

  • Borrow £500 to £1,000
  • Repaid over 1 to 12 months
  • Equal monthly repayments
  • Working with direct lenders in the UK
  • Repaid on your pay date
  • 1 hour or same day funding available


What is the Eligibility Criteria for £500 Payday Loans? 

  • Must be over 18 years of age
  • UK residents only
  • Must be able to afford repayments
  • Valid UK bank account
  • Valid UK mobile number and email address
  • No recent CCJs, IVAs or bankruptcy 


Do I Need a £500 Loan? What Are They Used For? 

Payday loans are a short-term loan and financial solution and can be effective if you need a couple of hundred pounds to see you through the month. This type of finance is usually quite expensive because it is fast and unsecured – and therefore it should not be used long-term.

Around 3 million Britons use payday loans every year and this is mostly to cover emergencies such as home repairs or other unexpected bills. We all try to save money and have funds put away for a rainy day, but if we run into a large and unsuspected bill, we sometimes just need a little extra cash to see us through.


How Do Repayments Work?

The repayments are collected at the end of the month or on your pay date, which is the day you get paid from work. Most people get paid on the last Friday of the month, with others getting paid on a specific date (e.g 15th or 30th) or on a four weekly cycle. The collections are automatically taken from your bank account through continuous payment authority.

If you are repaying your loan over 1 or 12 monthly instalments, you will usually repay an equal amount from your bank account each month – although always check this with your direct lender.

Plus, you should always have the option to repay your loan early and you will often save on any interest accrued by doing so. 


Can I Apply For £500 Loans Direct Lenders?

Yes, at Lending Expert, we work with payday loans direct lenders only so once you have applied and received a loan decision, you will continue to work with the same lender from start to finish. From the application stage, to funding and repayments, you will work with the same payday loans provider throughout and there are no other parties involved.


Can I Get a £500 Payday Loan with Bad Credit? 

Yes, you can apply for a bad credit payday loan – since the lenders we work with are willing to take a view on adverse credit histories.

Although you may have a poor credit score, our lenders will consider your loan application if there are other strong factors involved such as a stable income, regular employment and a recent history of repaying loans on time.

If you can demonstrate your willingness to repay your loan and have a stable income to do so, you can still be eligible for a payday loan, even with bad credit or a CCJ.


What Payday Loan Alternatives Are Available?

At Lending Expert, we work with over other lenders and may be able to offer some viable payday loan alternatives – including credit cards, guarantor loans or secured loans.

Our goal is to help customers to find the best loan products for them, at the best terms and most reasonable rates.

You can start by checking your eligibility today via our website. Simply click on ‘Get Started Now’ – and you can get a decision in minutes!



Can I get funds on the same day of applying?

Yes. Our partners can issue same day loans assuming they have all the correct application information they need to make a quick lending decision. If you're a returning customer then your application for any further loan advances will be even quicker.

Can I get a no credit check payday loan?

No. All the lenders in our panel will require you to undergo a credit check to check your credit worthiness. However, some payday lenders will accept applicants with some bad credit.

Can I get money from a direct lender?

Yes. We work with payday loans direct lenders who offer loans from £50 to £1,000, repaid over 1 to 12 months.

What are my options if I have bad credit, can I still get a loan?

Yes. We have lenders on the panel who will accept applicants with some history of bad credit. Some bad credit payday and short term lenders will accept applicants who have missed payments in the past, have CCJ's or who are discharged bankrupts.

How much can I borrow?

Payday loans are small loans to be repaid over a short period of time. For example most lenders offer loans of £50 - £100, £200, £300 etc and up to generally a limit of between £1,000 - £1,500. The amount you can borrow and the loan term will vary from lender to lender.

Can I get a £500 loan while self employed?

Yes. The lenders on our panel offer short term loans to those who are self employed, sole traders or company directors.

Will taking out a short-term loan effect or damage my credit rating?

No. Assuming you keep up with your loan repayments and pay back what you owe then taking out a payday loan will not damage your credit rating or credit score.

Do I need proof of income?

Yes, you will typically be required to provide proof of income either as an employee via PAYE or will need to provide documentary evidence if self employed, a company director or sole trader

Can I get the loan paid direct to my bank account?

Yes. All the lenders on our panel will send your loan funds direct to your bank account via a bank transfer.

I am a pensioner 65 years of age. Can I apply for a payday loan?

Yes. If you meet the application criteria and can afford the repayments then you can also get a loan while being a pensioner. This includes applications for older borrowers who are over 60, 65 or 70.

Where can I make a complaint about my lender?

If you have a complaint about your lender then firstly you must contact them to make a formal complaint. Payday lenders have 8 weeks in which they must deal and help to resolve your complaint. You can also refer your complaint to the Financial Ombudsman if you are still unhappy and have exhausted the company's internal complaints procedure

Can I get a £500 payday loan with bad credit?

Yes, payday loans are available with bad credit from a range of lenders. You application will be assessed by our panel of lenders and a decision is often given instantly or on the sameday as you make the application.

Can I get a payday loan near me?

Yes you can get a local payday loan near you here on Lending Expert. Our lenders also borrow nationwide all over the UK, so no matter which town or city you live in we can still help.

Check your eligibility for a £500 loan and apply today with Lending Expert.

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No Guarantor Loans

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CCJ Loans

Apply with a lender who specialises in finance for CCJs, IVAs and bankruptcy.

Instalment Loans

Check your eligibility and apply for an instalment loan here on Lending Expert.

Short Term Loans

Apply for a short term loan here on Lending Expert.

Emergency Loans

Need a loan in an emergency? Check your eligibility online here on Lending Expert.