Sites like PiggyBank

The now-defunct direct lender PiggyBank provided straightforward payday and short term loans online. PiggyBank's application and approval process was ultra–streamlined, but the loans came with very high rates of interest. We’ve put together a list of UK lenders offering similar services.

Last updated:

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

Please note: High-cost short-term credit is unsuitable for sustained borrowing over long periods and would be expensive as a means of longer-term borrowing.

NameEstablishedLoan types
PiggyBank Short Term Loan PiggyBank Short Term Loan 2012 Payday loans, Instalment loans More info
Lending Stream Instalment Loan Lending Stream Instalment Loan 2008 Instalment loans Go to site
Satsuma Short Term Loan Satsuma Short Term Loan 2013 Instalment loans Go to site
Savvy.co.uk Personal Loan Savvy.co.uk Personal Loan 2015 Instalment loans Go to site
Sunny Loan Sunny Loan 2013 Instalment loans Go to site

PiggyBank provides short term loans over terms from as little as one week through to five months, to be repaid, monthly, weekly or even fortnightly. They’re fast, flexible and available to borrowers with a wide range of credit histories.

This convenience is offset by high interest rates, however. “Payday”-style loans are meant to get you through the month after an unexpected expense, until your next paycheck reaches your account, so they’re only suitable for one-off, unforeseen expenses.

While the well-known lender Wonga isn’t an option anymore, there are a series of alternative loan companies vying for your custom.

You can expect similar features from all of them: low or zero fees, high APR, quick access to the money once the application has been accepted and only a small amount of time to repay your debt, typically no more than six months.

Our tool at the end of this page allows you to compare the cost of payday or short term loans from multiple lenders. Alternatively, here are some sites similar to PiggyBank.

Estimate the cost of borrowing

Table: promoted deals, sorted by total payable

As well as comparing short term loans with other types of credit, before you apply for a loan it’s a good idea to shop around and compare a range of lenders. You can use the table below to get an idea of how much the loan you have in mind might cost.

How much do you need to borrow?


How long do you need to borrow for?


Name Product Available amounts Monthly repayment Total payable
Lending Stream Instalment Loan
£50 to £1,500
Representative example: Borrow £200 for 6 months at a rate of 292% p.a. (fixed). Representative 1,333% APR and total payable £386.61 in 6 monthly payments of £64.44.
Satsuma Short Term Loan
£100 to £1,000
Representative example: Borrow £480 for 9 months at a rate of 133.1% p.a. (fixed). Representative 535% APR and total payable £959.04 in 9 monthly payments of £106.56.
Savvy.co.uk Personal Loan
£300 to £3,000
Representative example: Borrow £1,000 for 12 months at a rate of 152.33% p.a. (fixed). Representative 352.7% APR and total payable £1,999.92 in 12 monthly payments of £166.66.
Sunny Loan
£100 to £2,500
Representative example: Borrow £100 for 8 months at a rate of 204% p.a. (fixed). Representative APR 568% and total payable £199.33 in 8 monthly payments of £19.93. You can repay this loan early.

Compare up to 4 providers

Please note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.

We compare payday/short-term loans from

Lending Stream Instalment Loan
Satsuma Short Term Loan
Savvy.co.uk Personal Loan
Sunny Loan

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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