Payday Loans

What are payday loans?

Payday loans are short-term loans that are designed to be repaid over a small amount of time.

How soon do you have to pay off a payday loan?

Generally most people will pay off the loan as soon as you get paid next, so will typically be from 1 to 30 days.

Why are payday loan interest rates so high?

Payday loans are over such short periods that as long as you repay your loan on time the amount of interest paid on a loan is not always a large amount of money.

For example, a loan of 200 euros over a one week period might incur interest and charges of about 15 euros. So the overall amount to repay will be 215 euros. *note this is just an illustrative example.

Which companies provide payday loans in Ireland?

Provident provide what may be considered payday loans in Ireland.

You can compare and review loan companies on this website.