The payday/short term brands below will soon have to adapt their products to meet the upcoming FCA cap. This is coming into play in January 2015. Read more about the Cap Here.

☆ Short Term /£100 (7-Days) ☆
1) Vivus = £0 (first loan) = 0.000% (return: £15.90 = 2.271%)
2) Reddies Direct = £6.52 = 0.931%
3) Sunny = £6.76 = 0.966%
4) ClearAccount = £7 = 1.000%
5) Peachy = £7 = 1.000%
+ Square Money and VarioLoans = £7 = 1.000%
= Insights.

☆ Monthly /£100 (30-Days) ☆
1) Vivus = £0 (first loan) = 0.000% (return: £25 = 0.833%)
2) QuickQuid = £14/£20.65 = 0.467%/0.688%
3) QuickQuid FlexCredit = £24.30 = 0.810%
4) BongaLoans = £25 = 0.833%
5) Kabayan Finance = £25 = 0.833%
+ The Quick Loan Shop Ltd, Umbrella Loans and WagedayXpress = £25 = 0.833%
= Insights.

☆ Instalment /£300 (3-Months) ☆
1) Oakam = £85 = 0.315%
2) Kabayan Finance = £109.94 = 0.407%
3) Satsuma Loans = £120.03 = 0.445%
4) MyMate = £125.13 = 0.463%
5) Wizz Cash = £136.74 = 0.506%
= Insights.

☆ Instalment /£300 (6-Months) ☆
1) Ladder Loans = £140.55 = 0.260%
2) Oakam = £150 = 0.278%
3) Kabayan Finance = £154.94 = 0.287%
4) The Quick Cash Club (guarantor required) = £155.82 = 0.289%
5) MyMate = £172.14 = 0.319%
= Insights.

☆ 12 Months /£1000 (Year) ☆
1) On Stride = £146.36/£385.91 = 0.040%/0.106%
2) SpringCoin = £223.61 = 0.061%
3) 1st Stop Personal Loans = £277.02 = 0.076
4) MyMate = £796.27 = 0.218%
5) Pounds to Pocket = £875.61 = 0.240%
= Insights.

☆ Doorstep /£300 (Terms Shown Below) ☆
1) Mutual = £90 (26-Wks) (selected locations only) = 0.165%
2) Skyline Direct = £150 (30-Wks) (selected locations only) = 0.238%
3) Provident = £180 (32-Wks) = 0.268%
4) LoansatHome4U = £180 (32-Wks) = 0.268%
5) SFS Loans = £210 (34-Wks) = 0.294%
+ Shopacheck = £210 = 0.294%
= Insights.

☆ Guarantor /£1000 (Year) ☆
1) Everyday Loans (Duo) = £195.91 = 0.054%
2) GuarantorUs Loans = £216.21 = 0.059%
3) UK Credit = £228.44 = 0.063%
4) LendFair = £228.68 = 0.063%
5) Amigo Loans = £236.72 = 0.065%
= Insights.

☆ Logbook /£1000 (Year) ☆
1) Easy Logbook Loans = £700.04 = 0.192%
2) Varooma = £700.04 = 0.192%
3) AutoPawn = £950 = 0.260%
4) LoanMyMotor = £959.96 = 0.263%
5) Auto Advance = £960.08 = 0.263%
= Insights.

Notes: If the price is matched then we rank alphabetically. The product pricing includes interest, transfer fees and promo codes (if known). All such costs are added together here, but some lenders do discount transfer fees from your money. We always add them, as it would be confusing to cover both sides. Finally, the overall daily rate is rounded off to 3 decimal places.

Browse the Guides page to find a wider range of topics surrounding subprime lending.

The information provided at Miyagi Loans is based on the data disclosed by any given company at that time. We update posts frequently and keep a look out for updates, but changes do often occur without notice. The subprime products discussed here are more expensive than mainstream credit providers (who turn down our target audience with bad/fair credit). Try to use any such facility to cover emergency situations only and it is recommended to choose longer manageable repayment terms so that you are less likely to run into problems. If you are facing difficulties, we would advise contacting National Debtline or StepChange for free debt assistance.