{"id":27152,"date":"2023-01-31T15:14:38","date_gmt":"2023-01-31T14:14:38","guid":{"rendered":"https:\/\/www.lendingstream.co.uk\/blog\/?p=27152"},"modified":"2024-01-04T09:25:46","modified_gmt":"2024-01-04T09:25:46","slug":"payday-loans-no-fees","status":"publish","type":"post","link":"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/","title":{"rendered":"Payday Loans with No Fees? The Truth Revealed"},"content":{"rendered":"\n<p>When you\u2019re in a bind and need money fast, <strong><a href=\"https:\/\/www.lendingstream.co.uk\/loans\/payday-loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">payday loans<\/a><\/strong> can seem like the perfect solution. But they usually come with high interest rates and there are often fees associated with these loans. So long as they\u2019re paid back when they\u2019re due, this extra cost is controlled.<\/p>\n\n\n\n<p>The question is, <strong>are there any payday loans that are free from any fees?<\/strong> We\u2019ve investigated.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69f30b3c51a68\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69f30b3c51a68\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#what_are_no_fee_loans\" >What are no fee loans?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#what_are_no_fee_payday_loans\" >What are no fee payday loans?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#are_payday_loans_with_no_fees_real\" >Are payday loans with no fees real?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#what_should_i_consider_when_looking_for_a_no_fees_payday_loan\" >What should I consider when looking for a no fees payday loan?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#1_your_credit_score\" >1.&nbsp;Your credit score<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#2_affordability\" >2.&nbsp;Affordability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#3_income\" >3.&nbsp;Income<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#how_can_i_apply_for_a_payday_loan_with_no_fees\" >How can I apply for a payday loan with no fees?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#do_lending_stream_charge_any_extra_fees\" >Do Lending Stream charge any extra fees?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#what_fees_could_i_be_charged_on_a_payday_loan\" >What fees could I be charged on a payday loan?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#1_an_admin_fee\" >1. An admin fee<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#2_late_payment_fees\" >2. Late payment fees<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#3_an_early_repayment_fee\" >3. An early repayment fee<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#what_are_the_alternatives_to_no_fee_payday_loans\" >What are the alternatives to no fee payday loans?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#1_defer_buying_what_you_need_the_money_for\" >1. Defer buying what you need the money for<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#2_sell_things_you_dont_use\" >2. Sell things you don\u2019t use<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#3_try_the_bank_of_mum_and_dad\" >3. Try the bank of mum and dad<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#4_get_a_credit_builder_credit_card\" >4. Get a credit builder credit card<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#what_are_the_advantages_and_disadvantages_of_a_no_fee_payday_loan\" >What are the advantages and disadvantages of a no fee payday loan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-no-fees\/#final_thoughts\" >Final thoughts<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"what_are_no_fee_loans\"><\/span><strong>What are no fee loans?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>No fee loans are <strong><a href=\"https:\/\/www.lendingstream.co.uk\/loans\/short-term-loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">short term loans<\/a><\/strong> or personal loans that have no upfront or on-going fees attached to them. <strong>The amount you borrow with a no fee loan starts from \u00a31,000 and can go up to as high as \u00a325,000<\/strong>. You pay the loan back in fixed <strong><a href=\"https:\/\/www.lendingstream.co.uk\/loans\/instalment-loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">monthly instalments<\/a><\/strong>.<\/p>\n\n\n\n<p>Although these loans don\u2019t have any upfront fees, the interest rate you pay might be higher. And the lender will often charge you a late payment fee if you don\u2019t make your payments on time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"what_are_no_fee_payday_loans\"><\/span><strong>What are no fee payday loans?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In the UK, payday loans are a type of short-term credit. They should only be used when you need cash in a hurry to cover unexpected expenses or emergencies. <strong>The loans are usually for small amounts of money that tend to be under <a href=\"https:\/\/www.lendingstream.co.uk\/loans\/1000-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u00a31,000<\/a>.<\/strong> You usually have to pay back the full loan at the end of the month.<\/p>\n\n\n\n<p>But some lenders will let you spread your repayments over a few months.<\/p>\n\n\n\n<p>Payday loans can be a convenient way to access credit, but they also come with risks. The biggest risk is that if you can\u2019t repay the loan when it\u2019s due, it\u2019ll cost you. This is because payday loans tend to come with high interest rates and can have additional late payment fees. When this happens, it makes the debt harder to pay back.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"are_payday_loans_with_no_fees_real\"><\/span><strong>Are payday loans with no fees real?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Yes, payday loans with no fees are real.<\/strong> But they\u2019re an expensive way to borrow money as they tend to come with high interest rates. That\u2019s why you should only use them as a last resort. If you\u2019re stuck and need the money urgently, then compare lenders to make sure you get the best of the high rates.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"what_should_i_consider_when_looking_for_a_no_fees_payday_loan\"><\/span><strong>What should I consider when looking for a no fees payday loan?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>When you\u2019re looking who to apply with for a <strong>no fees payday loan<\/strong>, look at the APR\u2019s the lender is offering. <strong>Even though there might not be any fees, interest will be charged<\/strong>. Find out the total cost of the loan before you apply.<\/p>\n\n\n\n<p>Lenders will give you this information before you submit your application. This is so that you know how much you\u2019re going to have to pay back before you commit to the loan.<\/p>\n\n\n\n<p>Other than comparing lenders, you should consider your own situation too.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_your_credit_score\"><\/span><strong>1.&nbsp;Your credit score<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Your credit score is an important factor when applying for a <strong><a href=\"https:\/\/www.lendingstream.co.uk\/loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">loan<\/a><\/strong>, it\u2019s a reflection of your <strong><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/credit-report\/\" target=\"_blank\" rel=\"noreferrer noopener\">credit report<\/a><\/strong>. Lenders will look at your credit report to help them decide whether to approve your loan. If your credit score is poor, <strong><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/improve-your-credit-score\/\" target=\"_blank\" rel=\"noreferrer noopener\">do what you can to improve it<\/a><\/strong> before applying for your loan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_affordability\"><\/span><strong>2.&nbsp;Affordability<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Once you know how much you want to borrow check you can afford to pay it back. The lender will tell you how much your repayments will be before you submit your application. <strong>If you miss repayments, it\u2019ll <a href=\"https:\/\/www.lendingstream.co.uk\/blog\/what-affects-your-credit-score\/\" target=\"_blank\" rel=\"noreferrer noopener\">hurt your credit score<\/a>.<\/strong> Check you\u2019re not borrowing more than you can afford to repay.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_income\"><\/span><strong>3.&nbsp;Income<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>You need to make sure your income is enough to cover all your outgoings as well as your new loan repayments. Some lenders won\u2019t lend to you unless you\u2019re earning above a minimum amount. For example, to be eligible to apply for a short term loan with <a href=\"https:\/\/www.lendingstream.co.uk\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Lending Stream<\/strong><\/a> you need a monthly income of at least \u00a3400.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"how_can_i_apply_for_a_payday_loan_with_no_fees\"><\/span><strong>How can I apply for a payday loan with no fees?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Almost all payday loan lenders are online. This means you can apply quickly without having to talk to anyone. There are simple steps to follow.<\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"1\">\n<li>You enter your information on the lender\u2019s online application form. You check you\u2019re happy with your form and the terms of the loan, then you submit it.<\/li>\n\n\n\n<li>The lender will check your information and they\u2019ll run a <strong><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/hard-credit-check\/\" target=\"_blank\" rel=\"noreferrer noopener\">hard credit check<\/a><\/strong> on you. This will leave a mark on your credit file showing that you\u2019ve applied for a loan.<\/li>\n\n\n\n<li>The lender will tell you if your loan\u2019s been approved. The answer is usually quick, sometimes instant.<\/li>\n\n\n\n<li>If approved, most lenders will send the money to you within 24 hours.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"do_lending_stream_charge_any_extra_fees\"><\/span><strong>Do Lending Stream charge any extra fees?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Lending Stream don\u2019t charge any fees for taking out a short term loan.<\/strong> There are no transaction or early repayment fees either. The only time you may be charged a fee is if you\u2019re late making a payment and you don\u2019t tell us about it. Even then it wouldn\u2019t be more than \u00a312 over the lifetime of your loan.<\/p>\n\n\n\n<p><strong>Lending Stream make it easy for you to make payments to your loan.<\/strong> You can log in to your account and make payments at any time. You can pay the whole loan off early, and it won\u2019t cost you any extra. In fact, if you do pay your loan off early you could save yourself some of the interest you\u2019d otherwise be charged.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"what_fees_could_i_be_charged_on_a_payday_loan\"><\/span><strong>What fees could I be charged on a payday loan?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There are three main types of fees you could be charged when you take out a payday loan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_an_admin_fee\"><\/span><strong>1. An admin fee<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This might also be referred to as a setting up fee. These fees aren\u2019t very common these days among payday loan lenders. If you are charged an admin fee, it can be deducted from your loan amount or it can be added to it.<\/p>\n\n\n\n<p>It\u2019s always best to check if you\u2019ll be charged an admin fee before you apply for your payday loan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_late_payment_fees\"><\/span><strong>2. Late payment fees<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you miss a repayment on your payday loan, the lender will charge you a late payment fee. But this shouldn\u2019t be more than \u00a312 over the lifetime of your loan.<\/p>\n\n\n\n<p><strong>If this happens, be aware of charges from your bank too<\/strong>. This is because the lender will attempt to take your loan repayment from your bank account when it\u2019s due. If you don\u2019t have enough money in there, your bank could charge you a fee.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_an_early_repayment_fee\"><\/span><strong>3. An early repayment fee<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>There are some lenders who might charge you a fee for <strong><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/how-to-pay-off-a-loan-early\/\" target=\"_blank\" rel=\"noreferrer noopener\">repaying your loan early<\/a><\/strong>. Although it\u2019s not usual on payday loans, it\u2019s still worth checking before you apply.<\/p>\n\n\n\n<p><strong>Don\u2019t forget that interest will always be charged on payday loans and it\u2019s likely to be at a high rate<\/strong>. You should always check what the lender\u2019s fees and charges are before you apply.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"what_are_the_alternatives_to_no_fee_payday_loans\"><\/span><strong>What are the alternatives to no fee payday loans?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you\u2019re in need of some cash, a payday loan can be your last resort. But what other options do you have?<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_defer_buying_what_you_need_the_money_for\"><\/span><strong>1. Defer buying what you need the money for<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Is the money needed for something you can live without for a while? If you can manage without taking out a payday loan, it\u2019ll be worth it. Finding other <strong><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/best-ways-to-save-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">ways to save the money<\/a><\/strong>, like doing a side hustle will always be a better option.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_sell_things_you_dont_use\"><\/span><strong>2. Sell things you don\u2019t use<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>We all have homes full of things we don\u2019t need or use. By selling unwanted stuff you can raise quite a bit of cash. Check to see if you can get the money you need in this way and avoid getting into expensive debt.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_try_the_bank_of_mum_and_dad\"><\/span><strong>3. Try the bank of mum and dad<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Not everyone has access to this sort of help, but if you\u2019re stuck and in need of urgent cash, perhaps your parents, or another family member could lend you the money. Set up a standing order to pay them back and it\u2019ll cost you less than a payday loan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_get_a_credit_builder_credit_card\"><\/span><strong>4. Get a credit builder credit card<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If your credit score\u2019s not great, take out a credit builder credit card. If you can pay back what you borrow at the end of the month you won\u2019t get charged any interest. It\u2019s a cheaper way to borrow so long as you pay off the balance when it\u2019s due.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"what_are_the_advantages_and_disadvantages_of_a_no_fee_payday_loan\"><\/span><strong>What are the advantages and disadvantages of a no fee payday loan?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There are benefits to having a no fee payday loan, but there are some not so good points too. The table below lists some of the advantages and disadvantages of a no fee payday loan.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Advantages of taking out a no fee payday loan<\/strong><\/td><td><strong>Disadvantages of taking out a no fee payday loan<\/strong><\/td><\/tr><tr><td>The application process is quick. You can apply online and can get the money fast.<\/td><td>The loan amount is small.<\/td><\/tr><tr><td>You\u2019ve got a fair chance of being accepted even if your <strong><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/bad-credit-score\/\" target=\"_blank\" rel=\"noreferrer noopener\">credit score is poor<\/a><\/strong> depending on lenders&#8217; criteria.<\/td><td>Payday loans come with high rates of interest.<\/td><\/tr><tr><td>A payday loan can help improve your credit score if you make your payments on time.<\/td><td>If you miss any of your repayments, your payday loan can damage your credit score.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"final_thoughts\"><\/span><strong>Final thoughts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Payday loans can be found without any upfront fees, but all lenders will charge you interest. And the rate of interest tends to be high.<\/p>\n\n\n\n<p>But whatever the reason is for you needing one, a payday loan with no fees can get you the money you need, when you need it. <strong>It can be a lifeline when you&#8217;re facing financial stress<\/strong>. The key is to make sure you\u2019re only using payday loans for emergencies, not for everyday spending.<\/p>\n\n\n\n<p><strong>Disclaimer:<\/strong> The information given above is provided for reference. Also, the external links linked above are for reference only and we are not affiliated to any of the external parties linked here.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When you\u2019re in a bind and need money fast, payday loans can seem like the perfect solution. But they usually come with high interest rates and there are often fees associated with these loans. So long as they\u2019re paid back when they\u2019re due, this extra cost is controlled. The question is, are there any payday [&hellip;]<\/p>\n","protected":false},"author":48,"featured_media":27153,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[267],"tags":[],"class_list":["post-27152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loans"],"_links":{"self":[{"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/posts\/27152"}],"collection":[{"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=27152"}],"version-history":[{"count":3,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/posts\/27152\/revisions"}],"predecessor-version":[{"id":27157,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/posts\/27152\/revisions\/27157"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/media\/27153"}],"wp:attachment":[{"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=27152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=27152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=27152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}