Paydaynow: the digital bank specializing in consumer credit

To finance your desires for renewal at home, consumer credit represents an interesting alternative. Providing access to sums between 300 and 75,000 €, it will allow you to replace all your old furniture and household appliances. Now, several banks are offering very attractive offers with very advantageous credit conditions. Among them, we find a subsidiary of Société Générale which specializes in the granting of consumer credit to individuals: Paydaynow. With the electric signature, this 100% digital bank allows you to complete the credit application process entirely online. In this article, we tell you all about this innovative banking establishment.

Paydaynow: a little return in history

A subsidiary of Société Générale, Paydaynow was created in 1989 following the merger of three subsidiaries of the parent company, notably Société Auxiliaire de Crédit, Crédit Electrique Gazier (CREG) and Diebold-Solomateg. Although the company initially had more than 28 branches, it saw its activities gradually reduce around 2013 with a constant dematerialization of its subscription process. In 2016, it offered electronic signatures and became the first financial institution to market this type of service. To do this, it sends a password to the customer's number and the customer enters the code received to validate the request.

Since then, this lending organization has become a benchmark in the granting of consumer loans. The subsidiary offers a wide range of credit, including new and used car loans, personal loans, work loans, Budget Plus revolving credit and credit redemption.

The flagship products of Paydaynow

The personal loan

Without any personal contribution obligation, this type of loan allows you to finance all your personal projects. For a sum of 1,500 to 75,000 €, you can indulge yourself and finally offer yourself the washing machine of your dreams for example. It can be repaid over a period of 12 to 120 months depending on the selected project, the amount borrowed and your choice.

Auto credit

To offer you the car of your dreams, Paydaynow offers you a loan between € 1,500 and € 35,000 repayable over 72 months for a new car and over 60 months for a used car. With a fixed interest rate of 0.90%, this type of credit can be very attractive in the long term.

The loan works

Want to renew your home? Paydaynow digital bank can support you in your project by offering you a loan of an amount ranging from € 1,500 to € 75,000 at an interest rate of 0.90% to 19.30% for a repayment period varying from 12 to 120 months. Advance payment is made without penalties for an amount less than € 10,000.

franfinance logo

How to take out a consumer credit with Paydaynow?

To take out credit online, you need to follow a few important steps that simulate your credit, fill in your personal information and send your file.

The first step is to simulate your credit. To do this, you must go to the Paydaynow site and click on the simulate a credit tab. Subsequently, you must enter the amount you need and indicate the credit to which you wish to subscribe. Once you have all the information on the monthly payments to be paid as well as the amount of the insurance costs, you can insert all your personal data on a secure site. Therefore, you will need to have information about your income and expenses at your fingertips. Once all these procedures are completed, you can attach the supporting documents. Note that your ability to repay plays a huge role in the bank's final decision.

The final response is issued no later than 48 hours after filing your loan application online.

Other consumer credits to enjoy


Bridgepayday is one of the most reputable online credit platforms. It offers fast and reliable services at competitive rates. It continues to revolutionize the world of finance through its use of new technologies, it has banking licenses. With Bridgepayday, your credit application can be made in a few minutes, it will respond to you within 24 hours once you have fulfilled all the conditions necessary for the credit application.


Cetelem is a very busy financial organization. It is already one of the biggest, because it offers several credit solutions with an unbeatable rate. Its goal is to promote access to credit for as many people as possible while fighting against over-indebtedness. He engages with the state to allow borrowers to find a more comfortable solution in the event of default. The customer only has to choose the duration and the amount of the loan that suits him.


Member of the BNP Group, Cofinoga is a loan organization that offers a wide variety of budgets to finance your life projects. He sets up credit operations, offers them to customers and manages payment procedures. The Cofinoga personal loan is more than flexible and can be used, whatever the type of project. It also adapts to any type of situation. It is therefore the solution par excellence for the realization of your projects.

A loan commits you and must be repaid. Check your repayment capacity before you commit