Loan Princess
  • Location icon Address: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ
  • Telephone iconCall: 0203-633-1001

Every now and then, you might fall into a situation where you need a small amount of cash immediately and you are not able to arrange the required funds. Herein, you need a small helping hand, which keeps you afloat in the troubled waters. Well, payday loans can serve as a life-boat.


Payday Loan, also called HCST (High Cost Short Term loan), is an expensive form of quick and short term loan which is usually taken to meet financial emergencies.

This form of the loan is applied by those people who need quick cash as the process is very straightforward and lenders usually transfer the funds almost instantly or in some cases within a few hours.

To protect the vulnerable customers, the FCA has brought in some price caps in January 2015 for the lenders providing such HCST loans.

This price cap means the borrowers now never have to pay back more than twice of what they have borrowed, the interest rate is capped at 0.8% per day and lenders can’t charge you more than £15 for the default fees.

Such short term payday loans were traditionally given for a very short period for upto 30 days, but now are given for slightly longer and can be repaid back over upto 12 months.


The rate of interest on payday loans in the UK is much higher than other loans. For example, a regular lender charges £25 on every £100 that you borrow and this interest could be for a tenure of 7 to 30 days. Hence, you can see that the interest that you pay for a payday loan is very high.

At Loan Princess, we will help you to avail payday carefully so that it becomes affordable for you. At the same time, please note that as an FCA authorised loan broker, we do not charge any hidden fees and further also go through the Terms & Conditions of the loan terms offered by the lender carefully before entering into an agreement.


First of all, you should avoid making use of payday loans for expenses that are not urgent. Unless you have a situation where your car has broken down or a falling tree branch has damaged your roof and the repairs are not covered by insurance, you should really avoid taking a payday loan.

Generally, people take a payday loan to pay off their previous payday loan. This will be a financial suicide because you will end up in a vicious cycle of one debt after another and will never be able to get out of it. In the end, you will be forced to default on your loan and this will negatively impact your credit rating. And, in turn will affect your ability to borrow money for more important purposes in the future. Hence, be very careful while taking a payday loan as you should be sure of being able to repay it within a stipulated period.

However, the above-mentioned situation is less of a worry with us because in case you are finding it difficult to repay the loan on time, you can get in touch with us and discuss your situation. Our services can act as a mediator between you and the lending agency and you can successfully chalk out a solution that is mutually satisfactory to both the parties.

This solution could be converting a single lump sum repayment into instalments or extending your loan tenure. However, here again you should be absolutely sure that this method is required for you because when the tenure is extended the interest that you pay the lender will also increase. All said and done it is necessary to act with caution as far as payday small loan is considered.


Loan Princess is a UK based loan broker. We adhere to all the regulations of the Financial Conduct Authority (FCA) and ensure that during any deal the borrowers’ interests are prioritised. We do not charge any hidden fees and offer transparent deals only.


We understand that in the current global financial scenario anyone can end up with bad credit. Often bad credit is also a result of some cumulative small mistakes or oversights on your part. We can help you in searching the right loan for you as per your needs. We will also help you to get bad credit payday loans. We deal with multiple lenders and some lenders out of them may be willing to take a higher risk and agree to provide loan to people with bad credit history, if the borrower will ensure regularity of the repayments.


If you see an advertisement that says that the lender will give you no credit check payday loans,then it should immediately ring a warning bell. This is because providing loans without a credit check is neither legal nor possible in the UK. Every lender is bound to follow the regulations of the FCA to conduct credit check before providing a loan, in order to lend in a responsible manner.

At Loan Princess, we conduct a soft credit check of your credit report before giving you an “in principle” answer.

So, in case you find yourself in a financial emergency then all you need to do is log on to our official website and share your details.

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Warning: Late repayment can cause you serious money problems. For more information, go to MONEYHELPER.ORG.UK Credit subject to status & affordability assessment by Lenders. Loan Princess is a credit broker and not a lender

Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on any debt secured against it.

Representative APR Example

The rate you are offered will depend on your individual circumstances.

All loans are subject to status. The interest rate offered will vary depending on our assessment of your financial circumstances and your chosen loan amount.

Representative APR Example: On an assumed loan amount of £1,000 over 18 months. Rate of interest 59.97% per annum (fixed). Representative 79.5% APR. Total amount payable £1,554.10 of which £554.10 is interest. 17 equal monthly repayments of £86.09, and the final month’s payment of £90.57.

Registered Office is a registered Trading Name of Tiger Lion Financial Limited. Tiger Lion Financial Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number: 753151. Tiger Lion Financial Limited is registered in England and Wales (Company number 10189367), Registered Office: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ. Licenced by the Information Commissioners Office, (registration number ZA185613)

Authorisation can be checked on the Financial Service Register at

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