Most payday loan lenders tend to function in a similar fashion in regards to their set requirements. You can usually expect that each will usually set out the following demands on your part…

- You must be aged 18 years or above. This is the obvious one.

- You must be a UK resident. UK payday loan lenders want to provide business to consumers across the UK only. If you headed to a USA payday loan lender and were UK based, they would say no straight away.

- You must be earning £750 a month. In general, most of the UK payday lenders set this wage as the minimum requirement. If you are unemployed then you will not be accepted.

- You must have a UK bank account where the money can be paid to and taken from.

That covers the basic requirements. When it comes to identification, most of the payday loan lenders provide faxless payday loans and so the application should qualify and no further information will be required to be sent to the lender. In some cases, documents may be required to be faxed to the payday loan company that may include bank statements, I.D card copy, wage slips etc. Most lenders will credit check you, but do not mind if you currently have a bad credit history. Despite the credit checking… the major lenders do show a fair amount of leniency.

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