Quickquid

These places that offer quick online payday loans, they are legit or scams?

They are legitimate, but do not forget that the interest rates on "payday loans and short-term financing are very high. Under the Credit Act to consumers, these companies show the APR charged on their loans on both their websites and credit agreements they send you.

They carry out checks on you when you put in an application - which usually involve checking the phone numbers you gave for the home and work are OK.

A loan from your bank or building society or an overdraft should be less expensive.

Payday loans are perfectly legal and above board, they are, however, never a solution to a problem in the short term financial (not more than 31 days), otherwise they would be very, very expensive.

You can generally expect to pay interest of £ 25 to £ 100 borrowed, payable in full on your next payday. (This equates to an APR of over 1000%).