pixel

Coronavirus Support

PaydayBadCredit helps you navigate your finances during the Coronavirus crisis.

Have your finances been impacted by the pandemic? Not sure how you are going to repay your loan? Don’t worry! We are here to support you through these uncertain times.

This payment holiday won’t affect your credit score or incur additional costs, as long as it’s repaid on time the following month. If you need additional support with making the payments, please contact us as soon as possible and we will look at other ongoing options to suit your personal circumstances.

We are aware that many customers may be struggling financially due to the Coronavirus outbreak. Many employees in the UK have been laid off, placed on furlough or received cuts to their salaries, and many companies in every business sector have seen big declines in their profits.. We understand that you are not just worried about your financial stability, but your physical health too. We guarantee that we will do everything we can to support you through these trying times.


We don’t recommend taking out a loan if your income has been cut.
However, you can apply for government funding to help you through this difficult period.

Frequently Asked Questions

I am self employed and my income is less, what government help can I get?

If you’re getting less income because of Coronavirus (COVID-19), you might be able to claim a grant through the Coronavirus Self-employment Income Support Scheme. Apart from this, you may also be eligible for Universal Credit and Employment and Support Allowance.

If you have a business that needs a quick cash injection to stay afloat, you can apply for a Coronavirus bounce back loan – This funding is designed for small businesses to access money quickly during the Corona pandemic. You can borrow between £2000 – £50,000 at 0% interest and no fees for the first 12 months, and 2.5% interest afterwards.

I was made redundant due to Corona, what am I entitled to?

If you have been made redundant due to Coronavirus you won’t be eligible for statutory guarantee pay. But, you may be entitled to jobseeker allowance. This can help you bridge the gap until you find a new job. You may also need to make arrangements with your landlord, mortgage company etc. about managing your payments.

I was put on unpaid leave, what are my rights?

If your employer has put you on furlough, you will be entitled to 80% pay through the Coronavirus job retention scheme. But, you will have to arrange with your employer that he keeps you on the payroll.

COVID-19 Business Operations

Please be advised that we have slightly altered our opening hours due to the pandemic. We are now open Monday through Friday 9 AM to 5:30 PM. We will ensure to process any requests we receive during these hours.

Representative example:

Borrow £900 for 7 months. 1st monthly repayment of £187.92, 5 monthly repayments of £250.56, last monthly repayment of £125.27. Total repayment £1,565.99. Interest rate p.a. (fixed) 198.72%. RAPR 529.09%.

Payday Bad Credit is a trading style of Western Circle Limited – Company Registration Number: 7581337. We are fully authorised and regulated by The Financial Conduct Authority.
FCA full permission license: 714479
ICO Registration Number: Z3305234

Payday Bad Credit terms and conditions apply.

Applicants must be 18 or over. All loans are subject to affordability, applicant verification and traditional credit checks via various national databases by Payday Bad Credit responsible lending policy. Loan limit maximum of £1,000.

In most cases, loan decisions may take up to 30 minutes during office working hours.
If your bank does not support Faster Payments, funds will be sent to your account the same day as approval so long as you’re approved by 16:30.