Short Term Loans


We are a UK based responsible lender, with local financing and no extra fees.


Choose your loan amount

*First time borrowing limited to £125


Response Funding, previously known as Fancy a Payday, sources short-term loans for borrowers seeking to quickly and easily obtain cash. A same-day loan may be needed for unexpected home improvements, repairs or other sudden personal circumstances. Those calculating the total loan amounts will appreciate how we clearly present the rate of interest and loan terms. We are properly licensed and regulated by the Financial Conduct Authority. To apply for a loan, you will simply need a web-enabled device and a few minutes of time.

Short-Term Loan Overview

The total amount repayable is divided up over a series of weekly or monthly repayments. Although the loan is repaid over a reasonable period of monthly payments, also known as a term, the funds you need will be made available to you quickly. Many borrowers will be approved and have the cash deposited into their bank account in as little as one business day. The maximum or “principal amount” that is available for an initial loan is between £125 and £5,000. We have designed our loans to be affordable enough that borrowers are able to maintain their other financial obligations.

What is Interest?

In the context of personal loans, interest is defined as a cost that a “borrower is required to pay a lender” when they borrow. To satisfy a loan agreement, borrowers are responsible to pay back the principal amount in addition to any interest charges. Interest is represented as a percentage of the amount of the loan. Those who are comparing options for obtaining a loan are going to favour the lowest rates possible. A critical determinant of interest rates is the credit history of the potential borrower. Lenders know that those with poor credit are likely a greater risk and will impose higher rates. In the case of short-term (payday) loans, the Financial Conduct Authority determine the maximum interest that can be charged.

Comparing Fixed vs Variable Interest

When a loan has a fixed rate of interest, the amount is predetermined and will not change. Loans with a variable rate may be impacted by current fluctuations in the financial market. Most of the online loans sourced by Response Funding feature fixed rates. If the interest rates in the financial marketplace begin to rise, a borrower will be protected from any such variable increases. Keep in mind that variable rates are more likely to be seen in loans that have a much longer term.

What is an Annual Percentage Rate (APR)?

The APR is a variable that usually applies to longer term loans such as home mortgages. This is a calculation that is a percentage representing the yearly cost a borrower pays. The APR is helpful for borrowers to compare the actual amount of interest and other fees associated with different loan options. Although from a regulation point of view, APR also applies to short term (payday) loans, it is perhaps less useful because payday loans are paid back within 12 months.

Other Costs & Fees

Some loans have various fees and charges that the borrower may incur. Sometimes, borrowers who fail to review a lending agreement closely may not fully understand these costs. Unfortunately, these terms are often found “hidden” within the fine print. Some of the common fees are categorised as broker fees, adviser fees, etc. The small loans we source have all interest and fee amounts explained in a simple manner. We want our customers to fully comprehend all terms and conditions of our fast loans.

Broker or Intermediary Costs

Response Funding sources online loans and operates as a broker partnering with direct lender companies. We don't charge our customers any fees or other charges, instead earning a commission directly from the lender. This is another advantage that we offer to our customers because they avoid any potential broker fees or other charges from us. Another benefit of working with a broker who sources loans from a direct lender is that your personal information is better protected in a single centralised system.

Data Security

A recent report from CSO outlined how widespread the problems with security breaches are. Our customers benefit from our broker to direct lending model because it offers superior protection of their sensitive and confidential online data. Internet fraud has led to fraudulent access to the banking information of consumers and personal data often used in identity theft. Our security platform features some of the latest and most advanced systems for real-time information security.

Other Benefits of Loans From Response Funding

Did you know that even those with less-than-perfect credit may be approved for the personal loans we source (bad credit loans)? Often, traditional lenders such as your local bank will deny approval for individuals who have had past credit problems. They may also require that applicants visit their office location to complete a time-consuming loan application process. The repayment of your loan is also simple and easy with Response Funding. The payments are scheduled electronically according to the frequency of your paydays.

Applicant Requirements

  • Applicants must be adults with U.K. residency.
  • Current employment that can be verified is required.
  • Borrowers must have an active bank account that is to be used for electronic transactions.
  • The maximum initial amount for a loan is from £125.
  • The daily interest rate is 0.8% with a 1304.31 APR.
  • Short-term personal loan products are suitable for those in need of short-term funds.

Established Provider of Online Loans in the U.K.

We understand that sometimes people have an immediate need for funds but are in-between paydays. Perhaps your car broke down or you just received a notice of a pending utility disconnection. At Response Funding, we have been providing and sourcing fast loans to consumers facing these situations for years. We encourage you to complete your application today and begin our fast and easy approval process.

Apply For a Loan Online Today

Getting an Loan is Easier Than You Think

Get the money you need now. Instalment loans are a great way to obtain the funds you need for necessities such as home repairs, utility bills or any essentials.

Qualifying is simple. Fill out an online application and get the money you need today!

Ready to Get Money?