About Payday Loans

Payday loans have been around since the 1990s but the recent financial situation has meant that traditional lending institutions such as banks and building societies have tightened up their lending policies making it much harder for ordinary people to borrow money. Household incomes are set to drop again in 2012, while the cost of living continues to rise; fuel bills both to heat the house and run the car just keep climbing as do supermarket costs, train, tube and bus fares. All this has meant the need for alternate products has increased dramatically over the last 10 years, that's where Payday Loans come in. So what's so great about payday loans? Payday Loans are small, short term loans with very few requirements to meet to obtain funds.

When we talk about payday loans we're talking about short-term unsecured loans. That is they are lent over a short term; generally a few weeks up to a month. And they are unsecured, meaning you don't have to offer any security against the loan; your car or your house are not at risk and you do not have to provide a guarantor.

Payday Loans are intended to help you get money quickly and easily when you need it, and let you pay it back next time you have it.

The main thing about payday loans is that the process is designed to be very simple so as not to present a barrier to people who need money quickly in an emergency; once you have told us who you are and what you do we loan you a short-term unsecured loan to be repaid, with our charge, at your next pay day.

In this way, payday loans extend credit to a wide range of borrowers, and provide loans to users when other financial institutions may not. Throughout their development and growth over the last few years payday loans have made small, quick loans available to a much larger part of the population that would not have had access to credit of any kind only a few years ago.

People (politicians) sometimes get worked up about payday loans. They get upset by the large APRs associated with payday loans. However APR or Annual Percentage Rate is an annualised figure designed to help borrowers compare the cost of long-term credit and is not really meaningful in cases where the loan will be outstanding for only a few weeks. With payday loans the fee for the loan is fixed and remains the same whether you take out the loan for a week or a month. However if you take this fee and multiply it many times over to create the APR figure, you get a huge and misleading percentage rate.

About Payday Loans from Top Hat Money

Top Hat Money is the online solution for your short term cash needs. If you're in need of cash for an unexpected expense we are here to help.

Payday Loans from Top Hat Money are 'instant payday loans', that is we aim to have a response to your application within seconds, there is no waiting around for advisors to call or results to come back for assessors to review.

Payday Loans from Top Hat Money are 'faxless', that is you will not need to fax, post or email any supporting documents to substantiate your application.

Payday Loans from Top Hat Money are 'no credit check', that is we do not run credit checks - which can adversely affect your credit rating

Top Hat Money aim to provide you with an honest and forthright service and the best customer support in the industry. No fuss, no drama, just a quick decision and fast cash in your account as quickly as possible.

Top Hat Money is a trading name of Link Metric Limited.

Link Metric is Registered in England No. 586 7434 and is registered with the Office of Fair Trading, Consumer Credit Licence No. 645219/1.

If you have any additional questions or comments, please contact us.

t: 0333 444 2011. e: info@tophatmoney.com

Payday Loans from Top Hat Money

To help you understand more about Payday Loans, we have compiled the following overview.

Payday Loans are the quickest and easiest way to get a cash advance to help you out till payday; it doesn't matter what you need it for - we supply instant payday loans for any purpose.

You only need to be over 18, have a regular income and get paid directly into your bank account with a debit card.

We provide payday loans to get money into your account within a couple of hours of us receiving your application. Top Hat Money payday loans are electronically transmitted and cleared directly into your bank account within minutes!

Our payday loans are the easiest way to get your hands on cash quickly. If you need money today, Top Hat Money is here to help.

Instant Payday Loans from Top Hat Money

What's 'instant' about payday loans from Top Hat Money?

Our quick and easy instant payday loans are referred to as instant because you can expect to get the money the same day. You will get cash in your account in less than an hour and can pay it back at your next payday. If necessary, payday loans can even be extended till your following payday.

Top Hat Money offers:

• Payday Loans
• Instant Payday Loans

We are one of a new wave of payday lenders to offer near instant decisions¹. To find out more about payday loans and why Top Hat Money loans are instant payday loans check out the instant payday loans info page.