Get a Loan Today!*

Borrow up to £5000* for almost any purpose!

Apply Now!

100% Secure Online Application

Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed).Representative 669.35% APR (variable).

9 Reasons To Use Cobra Loans

No matter what the reason, if you are looking for a loan we can help.

Super quick cash when you need it most!*

Get quick cash without the hassle with same day payout**

No Hassle Loans

Representative Example

Credit amount£250

Length of loan30 Days

Total payment£310.00

(Interest charged is £60)
Annual interest 292% (fixed) Representative 669.35% APR

Apply Now!

100% Secure Online Application


Lauren’s car broke down and she didn’t have money to pay for repairs. She couldn’t wait 3 weeks to get paid so applied for a short term loan through the Cobra Loans website. She got her cash straight away from a lender.


Applying through Cobra, Micheal got the quick cash he needed. He applied online, was accepted by a lender in minutes and got the cash into his bank.


An application to Cobra Loans, a lender was found for Leanne in 39 seconds. She needed the money for debt consolidation and got the money fast.

Apply Now for Fast Same Day Loans From £100 to £5000

Cobra Payday Loans provides help for your short term financial needs. By using our service, it is possible to secure your online loan in just a matter of minutes, safe in the knowledge that our loan processing system is not only quick and efficient but also that more direct lenders will see your application to improve your chance of success.

Because of this, we have high acceptance rates on all loan applications. Borrow from £100 – £5,000 in minutes with convenient, affordable repayments that give you the financial flexibility you need.

We work with the UK’s most reputable mainstream and independent lenders, giving you lightning-fast access to some of the most competitive short term loans to be found anywhere in the country.

How Can Cobra Payday Loans Help Me?

Cobra Payday Loans works with an exclusive panel of lenders, each of which is authorised and regulated by the FCA (Financial Conduct Authority). When you apply, it will be considered by multiple loan providers, increasing your chances of getting an offer of a loan.

Our service is completely free to use, we will never charge you fees. Once you receive a loan offer, there is no obligation to proceed. We try to match you with a lender who is firstly willing to lend to you and at the best APR possible, all loans are based on your personal circumstances.

We have made applying as quick and convenient as possible with one simple form to fill out, the entire process is competed 100% online.

Reasons to apply with

  • No fees
  • Easy to use application form
  • Secure online processing using 256-bit encryption
  • Already processed over 1,000,000 loan applications since launching in 2014
  • Fully FCA authorised

Our aim at Cobra Payday Loans is to bring together the very best features from the short term loans market to help our customers access the cash they need quickly.

Lightning-fast payments

Need cash quick? Many of the lenders on our panel can transfer funds directly to your bank account on the very same day that you are accepted, often within just 10 minutes. So if you need funds today, it is important to check your lender offers same-day payments and can be received by your bank.

No hassle

As an online loan company, Cobra Payday Loans offers a completely free, no-hassle service, and we will never call you to discuss your loan over the phone. Instead, all our communications are carried out by email, allowing you to easily track and store all information about your application or loan.

100% Free service

No matter what loan and lender you borrow from, Cobra Payday Loans will never charge you a single penny for using our service. We are here to help introduce would-be borrowers to potential lenders, with the sole aim of helping our customers get back on their feet financially.

Complete confidentiality

Whether your application is accepted or not, we will treat the entire process with the utmost confidentiality. Whilst we take down information about your employer, this is solely used when matching you to suitable lenders. We will NEVER contact your employer or make them aware you have applied for a payday loan.

Available around the clock

Unlike banks and buildings societies, we are open for business 24 hours a day, 365 days a year, meaning you can access emergency cash anytime you need it.

Secure service

When it comes to your personal finances, there is no such thing as being too security conscious. As with our entire panel of direct lenders, we are fully regulated and authorised by the Financial Conduct Authority, giving you the peace of mind that you will always deal with professional, regulated lenders. In addition, all your personal information will be securely stored and protected in line with GDPR.

Cobra Payday Loans Treats Customers Fairly

  • We will never charge fees, whether hidden, upfront, or otherwise. Our service is completely free to use!
  • Ensuring customers understand that payday loans are designed for short term use, not as a long term financial solution
  • All personal data is held securely and only for a limited time
  • We never share your details with anyone else for marketing

We are committed to our treating customers fairly policy which can be found here.

Payday Loans with No Credit Check

We will not credit check anyone who applies for a loan, instead a ‘soft check’ is used to verify your details which does not show on your credit file. Only once you accept an offer of a loan will a hard credit check be performed by the lender.

Credit should be a way to help better your financial situation, not worsen it, which is why a lender must perform a full credit check when you accept a loan. Always be wary of lenders stating they can provide loans with no credit check as they are almost certainly not FCA authorised. All lenders must perform some sort of credit check to establish creditworthiness. It is the law. The lenders that we use are no different and will credit check each application for a loan.

Credit checks allow lenders to get a quick snapshot of an applicant’s borrowing history, offering an insight into how well they have managed credit in the past. Typically, records stretch back six years, and things like CCJs and defaults may have an impact on the amount you can initially borrow.

However, if you have had issues with credit in the past, then the great news is that all is not lost! Cobra Payday Loans has invested heavily into attracting a wide range of direct lenders offering bad credit loans who can cater to almost any financial background through payday loans bad credit.

What’s more, we will never contact your employer, giving you the peace of mind of knowing that your application, whether successful or not, will remain confidential every step of the way.

One of the most common misconceptions about credit is that not needing credit before and not having a credit history is a good thing – surely that shows lenders you are financially savvy? Wrong! Those with no credit history are treated in a similar way to those with bad credit. Lenders need evidence that you can manage and repay credit on time, which is why having no credit history can work against you.

Payday loans are a quick, hassle-free way to boost your credit score by taking on finance and repaying it on time. These quick repayments will be reported to credit scoring agencies, and you will see your score shoot up in no time.

Are Payday Loans Available for the Self-employed?

Yes! Just because you pay yourself rather than being paid by someone else doesn’t mean that you cannot access short-term borrowing when you need it. In fact, we find that self-employed people can often benefit hugely from the fast, short term nature of these loans whilst waiting for invoices to be paid or rebates to be settled.

They work in the same way as payday loans for employed people, except that you will list yourself or your own business as the employer. You may be asked to provide evidence of earnings to some lenders to support your application. However, this will only help to ensure you are offered the most suitable and competitive loan for your needs.

If you do not happen to be in employment now but are in receipt of benefits, then you may well also be entitled to short term lending.

Ultimately, the lender wants to ensure that you can comfortably afford your repayments and that lending you the money will not worsen your financial situation. Therefore, if you have a regular income through benefits and have a credit file that shows a history of managing credit, there is no reason why you will not be able to get the same loans as those in full-time employment.

Supporting You Through Financial Difficulties

Cobra Payday Loans is here to help you access lenders who can provide you with the funds needed to tackle whatever short term emergencies life has thrown your way.

However, it’s important to remember that payday loans are not suitable for borrowing your way out of debt in terms of either short term consolidation or long term borrowing. The interest rates associated with payday loans are designed with short term lending in mind, meaning that these loans can become expensive if they are mismanaged or rolled over into multiple repayments.

If you find that you cannot repay your loan, the first step is not to panic and contact your lender. Unfortunately, you would not be the first person and certainly will not be the last to have issues with loan repayment.

In line with the Financial Conduct Authority’s guidelines on Treating Customers Fairly, any lender is obligated to treat your circumstances with compassion and understanding. At the end of the day, it is in their best interests to help you get back on your feet so you can afford to complete your repayments.

They may be able to freeze interest or charges on your loan or offer a repayment holiday to give you some much-needed breathing space.

Whilst it goes without saying that any financial difficulties can be stressful, there has never been a wider range of services available to help you overcome these issues.

Money Advice Service (

The Money Advice Service is a government-founded, independent service. They offer free, unbiased help on how to manage your finances and make your cash go further. All information is available either over the phone or face to face.

StepChange (

StepChange is the UK’s largest debt advice service and has helped more than half a million people to deal with their financial problems last year alone. Their website offers access to fully trained debt advisers along with a wealth of literature on debt and other financial commitments.

National Debt Line (

National Debt Line is the UK’s leading debt advice charity. As an independent debt advisory service, they offer everything from online debt tools and web chats to budgeting advice and telephone-based debt help.

Latest From Our Blog:

How to stop spending as much at the weekend
November 2, 2021

Top Tips for Reducing Your Weekend Spending

We all look forward to our weekends, whether we are excited about a few days to rest or eager to make the most of our free time with action-packed days. However, if you are looking to reduce your outgoings, expensive weekends can quickly start to add up. Many of us have financial goals which we […]

tips for saving for your first home
September 9, 2021

Tips for Saving for Your First Home

Buying a first home is still seen by millions of Britons as a rite of passage, allowing people to set up a family of their own and start paying into an asset that they actually own. But for many people, it feels like a next step that is increasingly out of reach, particularly for young […]

Provident enters into a scheme of arrangement
August 20, 2021

Doorstep Lender Provident Enters Scheme of Arrangement

Payday and doorstep lenders have been with us for years. Unfortunately, some of them were lending at very high interest rates, with unpleasant practices such as aggressive debt collection, poor affordability checks, and overcharging fees. On 1st April 2014, the Financial Conduct Authority became the regulator for these companies and began cracking down on unfair […]

Warning: Late repayment can cause you serious money problems. For help, go to