Introduction

Some months seem longer than others, especially if you have unexpected expenses that eat into the money you have to cover you until your next pay cheque.

Fortunately, if you find yourself short of cash towards the end of the month, you can apply for a same-day payday loan, usually lasting for 31 days. Loans of this kind are basically cash advances on the salary you're expecting.

They are generally available for amounts between £100 and £1,000 and can be used for purposes other than bridging the gap until your next pay cheque – as long as you can pay them back once your expected income arrives.