Yorkshire Cash is a payday lending brand from Phoenix Payroll Ltd. They operate from www.yorkshirecash.co.uk that was setup a few months into 2011 and they then began trading in 2012. Despite the name, these loans are available nationwide. These Yorkshire Cash loans are highly flexible with terms being available between 1 and 31 days. Applicants can also start with very small sums from £25 that heads up to £400 on the initial application and in time £1000 is the top granted sum. Although it is great to see such flexibility in the repayments, you have to really use them over the full month to source a good deal.

To highlight this, a £100 loan taken over a week would have a charge of £11.66 whilst over 30 days the cost would be £30.25. The improved deal is seen over the extended term since the fast payment fee of £6 is watered down in with the interest. When navigating across the site there was a notice of a promo code. I had a look on their Facebook page and there was an expired banner section that noted “No Application Fee”. They haven’t updated their Facebook for a long time, but it doesn’t look like any fee is charged now and no discount would likely be available today.

The www.yorkshirecash.co.uk site includes secure logins. When you initially reach the site to apply, the SSL may not trigger and so just enter HTTPS into the search bar and it will then work fine. Although there are no Yorkshire Cash reviews to study, this is a trusted firm with CCTA membership. There is some conflict regarding their disclosed trading times. Whilst in one section they list Monday to Saturday between 8am and 10pm. On their contact page they then head Monday to Friday from 9am to 6pm. In the FAQ it also states that the fast transmission is £6.95 whilst the calculator lists and factors in a £6 charge.

Cash ASAP (CashASAP) is a short term loan provider at www.cashasap.co.uk that is identifiable through their unique polar bear branding. This is a single trading identity of Apfin Ltd that was unleashed on the market back in 2012. They offer a highly flexible product that stands as their primary asset and their costs are also priced well. New customers can access funds between £20 and £300 with each amount rising in £1 increments. As a return user, you can stretch as far as £750. As well as being able to start small on the figures, you can also choose any repayment between 1 and 31 days.

The Cash ASAP loans cost per £100 over 7 days would be £6.90 and a 30 day charge would be set at £29.59. There is no extra fast funding fee and so the daily interest of 0.986% is all that needs to be paid. Just make sure that you repay on time since there is an extensive fee of £5 (alongside the interest). This is one of the few lenders to charge less than 1% daily over shorter repayment periods and so they head straight into the top rankings as seen below this post. The www.cashasap.co.uk site is fitted with a secure customer logins.

From scanning through their FAQ, they do clearly present their service info, but they don’t disclose their opening times. They do list their phone number as being available during normal working hours and so Monday/Friday (9am/5pm) would be assumed. Although there are no company reviews, this is a trusted credit provider that holds BCCA membership. If you are looking for a similar lender to Wonga then although Cash ASAP isn’t available over the weekends, they are cheaper and they are almost as flexible. You could for instance borrow £23 over a few days that is handy if you are a little short on funds just before your payday.

Payday Aid is a short term loan brand released by Fast Investment Ltd that launched at www.paydayaid.co.uk back in 2011. Once you reach this site you will see the thermometer loan calculator that blends in well with their theme. The repayment range on this calculator is 7 to 45 days and so there is plenty of flexibility in place. First time applicants can access between £50 and £200 whilst anyone returning can access £50 to £500. The Payday Aid loans cost is quite straight forward, with 1% daily being charged on interest and there is a £5 admin fee that covers their checks and fast payment fee.

A £100 weekly loan would cost £12 or you would pay £35 over 30 days. One of the main service limitations here is that they trade from Monday to Friday only and this is during the restricted times of 10am to 2pm and they’ll have to make a quick call to you as well. You’ll no doubt have to get those applications in early to obtain a same day payout. When I proceeded to enter an application at www.paydayaid.co.uk to test the site, no SSL was triggered. I then added HTTPS in the browser and it was secured, so make sure you do this when applying.

There is an account login facility in place once you join the service. Fast Investment Ltd have took on a CCTA membership place. Just be aware that Payday Aid is licensed as both a broker and a lender. This means that they may try to push on other lenders if you don’t meet their criteria. It is good to see that they extend to 45 days that not too many short term brands stretch to. I wasn’t aware of this firm until a regular visitor pointed us in their direction. From running company searches, we could only find them reviewed on one website. They have started to advertise on Google recently though.

A regular visitor often alerts us to new lenders that we have yet to feature on the site. We are very thankful for this and what was interesting with this particular company was that we couldn’t find them listed on any other comparison/review websites. Anyway, this lender is called Full Pocket and they trade at www.fullpocket.co.uk. From checking their Facebook page, it noted that they launched in June 2013. New customers can obtain between £100 and £200 and once a loan has been taken out it would be possible to receive £700. The Full Pocket loans are flexible with a repayment span of 7 to 30 days.

If you were looking at a weekly £100 sum then you would pay £7.35 or if you wanted a maximum 30 day period then you would be charged £31.50. This means that the cost is set at 1.05% daily. They process same day transfers through the Faster Payments Service and no extra charge is incurred for this. The www.fullpocket.co.uk website is designed well and you can securely login here to manage your funds. Their lending department processes applications between Monday and Friday from 9am to 8pm. It is good to see that they close late on, but they do shut down over the weekend.

I did spot a BCCA member badge at the bottom of their page and so this is good to see in force. They don’t actively promote this membership, alongside promoting that they issue free speedy transfers and so they are playing down their impressive qualities. We have introduced several short term brands whereby you are paying 1% daily and so they are slightly more expensive. However, if you are looking for a fresh face then this service looks to be a good market choice. Obviously, there are no online reviews as yet and so it will take time to get a clearer picture of how well they measure up.

Pixie Loans is another fresh brand to launch in the 2014 year. They originally created their website (www.pixieloans.com) back in 2013, but their launch as announced on their Facebook page came in May 2014. This lender is interestingly based in Douglas, Isle of Man. They do not just cater Isle of Man loans though, with them taking on all UK residents that are in full time employment that pass their credit check. First time borrowers can obtain cash between £100 and £400. There is a note that £1000 is eventually possible. Their calculator cuts off at £400 and so the higher returning sums would be accessible once logged in.

Flexible short term repayments are offered between 7 and 31 days. The interest charge is simply set at 1% daily and you must also add £5 on for their fast transmission fee. For a weekly £100 loan, you would pay £12 in total. As is often stated here, 1% daily is good value over shorter terms, but it is the fast funding fees that really make the difference across providers. The www.pixieloans.com website has a great design and secure logins are attached. The Pixie Loans are processed between Monday and Friday from 8am to 7pm and they are open for a few hours on Saturday between 9am and 1pm.

Any repayment date that falls on a weekend (or bank holiday) will be repaid on the previous working day. Soon after launching a membership with the popular CCTA trade association was taken on. Out of the New 2014 Lenders, I do think that this one has been packaged together the best. Whether this company can go on to compete with the top short term loan brands remains to be seen. Several of these stand out by offering products at 1% or less as a total cost. This will of course soon be a thing of the past since the FCA cap will force massive price changes across the industry when it arrives in 2015.

ClearAccount is a flexible loan solution that has primarily been designed to prevent overdraft charges from occurring. The brand owner is Indigo Michael Ltd who initially created www.clearaccount.com in late 2010, although 2011 looks to have been the launch year. This product has been received well as seen in the feedback that has been picked up for them on Trustpilot. However, I am sure that some people may be uncomfortable with their SafetyNet credit facility that monitors your bank account and automatically tops you up in emergencies. You can freely prevent automatic deposits from being made and instead manage the account manually, but banking access is required.

If you wish to access general funds, then the credit limit granted will sit between £100 and £500. Interest is set daily at 1% and so £100 over 15 days would cost £15. This competitive pricing is aided by the fact that there are no extra fast transfer fees. You can clear the balance at any time and so you can treat this more as a short term loan product. At the same time the maximum term is set at 7 months and so instalment periods are also available. The www.clearaccount.com site is equipped with secure account servicing that is essential for a service like this.

If you did switch on the protection system then this layer prevents expensive bank charges from being imposed. The ClearAccount loan reviews have been highly positive and they do use SSL security. Regardless of this, you must grant them access to your banking that might not sit too well with some applicants. This caution really stems from the brand being relatively new to the industry and they haven’t took on a trade association membership place as yet. This lender is open during weekdays only between 9am and 5pm. This product is perfect for emergency situations, but it would work out expensive when treated as a long term borrowing solution.

100Pounds is a direct text loan lender that was formed in late 2012 at www.100pounds.co.uk. Despite being a fresh name on the scene, this brand created by Sunny Marketing Ltd has been growing quickly across the industry. This is evident through their impressive search engine presence for all “Text Loan” related keywords. They are also making frequent updates to their Facebook page that is building up well each time I check it out. This company didn’t get off to the best start though after being ticked off by The Advertising Standards Authority. From glancing over this complaint, this was a minor issue surrounding the use of an image of a woman carrying several shopping bags.

This is a simplified service that grants fixed £100 loans that are taken over the period of 10 days. The interest is fixed at 1% daily, but the daily rate heads up to 1.5% through the addition of the required fast funding fee of £5 (the total cost is £15). This is a limited term duration, but you can select their extension option for another 10 days if required although this does carry a £20 fee. This would be an expensive thing to do at 2% daily and so it would be advised to repay the funds on the first occasion and then request more cash once you have paid them back.

Customer logins are equipped to www.100pounds.co.uk and this site uses encryption. As with many text lenders, this company unfortunately has limited trading times. This sits between 9am and 6pm from Monday to Friday. This is when any new loan requests will be processed since they update their system during these hours only. The 100Pounds loan brand has as noted been progressing quickly. The 1.5% rate is high, but this is caused by the transfer fee with the 1% daily interest itself being the average rate charged by top short term lenders. The apply by text messages cost £1 and so requesting from your computer would be advised.

MiniCashLoans is the sister-brand of the popular short term loan brand MiniCredit. The www.minicashloans.co.uk site contains the heading of being an authorised affiliate of the company, but this website was created by the same owner (Microcredit Ltd). Much of the content here refers back to MC with this appearing to just be a backup project that never really took off (at least not to the extent of the central one). On the homepage the term range displays between 1 and 42 days. However, if you click on to the “About Us” page you’ll see another calculator whereby you can select between 1 and 90 days.

As an update, although up to 90 can still be selected, the application form limits the repayment to around the month only. It was these added instalment terms that helped to differentiate MiniCashLoans back then. The same cash sums can be received, at first from £100 to £400 and the giant sum of £1500 is there for return clients. This website heads the 2008 starting year, but this refers to the formation of MiniCredit with this site being created later in 2010. You are handed with a login at www.minicashloans.co.uk and this is SSL secured. The same daily interest rate is set at 1.3%.

This when joined with the transfer fee (at £19.50) for £100 over 7 and 30 days would be £28.60 and £58.50. It would be assumed that the available promo code would be the same one as with the main brand (this has now expired). The same trading hours are in place. These have recently changed with them closing down on a Sunday. The new times include Monday to Friday from 9am to 8pm and Saturday is 9am to 5pm. In general, there isn’t much added incentive to apply through this website, especially now that only up to a month can be selected across each of them.

Square Money was launched in 2012 by CashCall Finance Ltd. They have a range of companies as noted below, but this is their central project. On a previous check they had taken down www.squaremoney.com and it looked like a closure was on the cards, but they are now up and running again. To cover the updated service, they have added a new calculator that heads £50 to £750. In their FAQ it states that between £200 and £300 is available to new customers and that £750 is possible when returning. You can select £100 on the application form though and so you shouldn’t have to start at £200.

The repayment span is flexible, sitting between 7 and 31 days. The Square Money loans are priced at 1% per day and there is no additional fast funding charge. They have lowered this price that before they updated stood at 1.3% daily. This new rate in place is competitive over shorter term periods. Although www.squaremoney.com has received a fresh overhaul, they do not encrypt applications and there is also no login facility. Hopefully they will get around to adding this soon. At the same time there isn’t too much content filled across the site. There is for instance no contact details or info surrounding their opening hours.

There is just one note that you must get your agreement signed off before 2pm to obtain a same day payment. It would be likely that their service is available across standard business hours (Monday to Friday). CashCall Finance Ltd has setup several other trading brands, with some examples including Cash Call, First Premier Loan, Relax Cash, ULoan etc. We may introduce one of these at a later date, but we won’t cover them all since we don’t usually introduce companies that have minimal popularity. Another point is that the products are matched across the entire cluster. With so many closures in 2014, it has been good to see the Square Money brand revived.

Update: Lender closed (more details to follow).

Cash Access loans can be obtained from www.cashaccess.co.uk that was setup in 2009, although the full launch appears to have followed in 2010. This brand is part of Risk Inc Ltd who are also active through the Pay Day Blues brand that arrived later in 2011. This company is headed as a lender, but also as an introducer. A short term loan can be received between £100 and £500 at first, then possibly £1000. The main payment calculator on the homepage has not worked for some time now. It provides charges in error and the promo code (ATB2) headed on the front page doesn’t work either.

The actual pricing can be found listed in their charges page and FAQ page where they display a daily rate of 1%. A flexible term range is provided between 10 and 34 days. With this in mind, it should cost £20 per £100 over 20 days for interest. There is also a fast transfer fee that is not detailed anywhere, but this is priced at £5.50. The Cash Access loan site (www.cashaccess.co.uk) does use SSL and all customers are handed with a login. Operational times are not listed, but I did spot one note that stated that they just process loans during normal working hours.

Qualifying applicants must be at least 21 years old and those with past defaults would not be accepted. In this case they would quickly decline and recommend the lead on to someone else within their Pingtree service. It would be likely that they would pass across a large volume of applicants since those searching for a payday loan do tend to have past credit problems. Overall there are some good elements to this flexible service, although they do need to clean up that confusing calculator (and the promo code). Further to this, they should make a reference to the fast transfer fee that needs to be paid.