How It Works




  • What does 2017 have in store?

    Published on: Mon, 21 Nov 2016

    The last two years, 2015 and 2016, have seen a lot of changes for the short-term loan industry and all the companies involved in it. The FCA have put strict […] The post What does 2017 have in store? appeared first on Payday Pig Blog.... read full article.

  • The 2016 Payday Pig Customer Survey

    Published on: Fri, 01 Jul 2016

    If you have received an invitation to complete our 2016 Customer survey please don’t delay. One lucky person will win an iPad Mini 2!!! The post The 2016 Payday Pig Customer Survey appeared first on Payday Pig Blog. ... read full article.

  • Big Drop in Payday Loan Complaints

    Published on: Fri, 12 Jun 2015

    The Citizens Advice Bureau BBC News – Payday Loan Complaints Drop a near 50% drop in complaints about payday loan companies over the last 12 months. The report credited the […] The post Big Drop in Payday Loan Complaints appeare... read full article.

  • Been stung by a Parking fine? You may not have to pay!

    Published on: Tue, 24 Feb 2015

    The RAC have said that £££Millions in private parking penalties may have been charged illegally. The RAC commissioned a report from barrister John de Waal QC, who said some parking […] The post Been stung by a Parking fine? You may... read full article.

  • FCA Introduce New Rules

    Published on: Sun, 01 Feb 2015

    At the start of 2015 the Financial Conduct Authority (FCA) introduced new rules to protect consumers from harmful business practices adopted by fee-charging brokers. Payday Pig never charges a fee […] The post FCA Introduce New Rules ... read full article.

Short-Term Loans

  • Payday Pig ® offers Short Term Loans up to £1000.
  • There's no paperwork and no phone calls.
  • Apply online using our convenient application process.
  • It only takes 2-3 minutes and you could have your money today*.

Implications of Non-Payment

If you fail to pay back the required amount then you may be charged additional interest or late fees. All our loan providers adhere to and follow all applicable collection laws and guidance.

If you miss a loan payment it is likely that you will be expected to pay an extra charge. It is also possible that you will be required to pay further interest on the amount already owed. This is further interest on the entire loan amount owed to that point, in addition to the original loan amount you borrowed.

The actual consequences will vary and depend on the specific loan provider who provides your loan. The loan provider may initiate collection procedures and your credit score may be adversely affected if your payment obligations are not met. Your debt may be placed with a collections agency who may take any collections actions allowed by law.

Extending a loan

Payday Pig ® is a loan broker and as such the extending policy will be dependent on the lender who provides the loan. If you wish to extend your loan, you should contact your lender in advance.

In some circumstances it may be possible to extend a loan, however this would increase the amount you'll need to repay.

All of the above varies between lenders. Please ensure you read and understand the terms and conditions of the loan provider before agreeing to the loan offered.

Collections Process

Payday Pig ® is a loan broker and we never charge you for the service we provide or take money from your account.

Many of the loan providers on our loans panel will utilise the Continuous Payment Authority to continue to attempt payment from your card consistent with the powers in the credit agreement.

From 2 January 2015, no borrower will ever pay back more than twice what they borrowed, and someone taking out a loan for 30 days and repaying on time will not pay more than £24 in fees and charges per £100 borrowed.