Borrow from £100 to £25,000
- Apply For £ 50 - £ 1,000
- Fast Payout
- No Fees
- Secure Application
- Available 24/7
- Bad Credit
Whole of Market panel
Trusted panel of lenders
From £1,000 to £25,000
Rates from 5.7% to 278%
3-36 month repayment
Borrow up to £3,000
Rates from 278% to 1576%
3-12 month repayment
Representative example: £500 borrowed for 5 months. Total amount repayable is £991.85 in 5 monthly instalments of £198.37. Interest charged is £491.85, interest rate 236.1% pa (variable). Representative 481.6% APR.
Get the Money You Need Quickly
When you are suffering from poor credit, you might think that lenders would debate at length whether they should lend you money. After all, your credit makes you a risk in their eyes, and they have to be careful who they give money to.
However, you might be surprised at how easy it is to get the money you need quickly. Not every lender is as methodical and picky as your bank would be. Not all of them even want to check your credit score or care about your credit rating. Some of them are looking to get you the money as quick as possible without all the hassle of a long approval process.
Bad credit loans with instant decision are more common than you might realise and be a very fast way of getting finance. There are lots of direct lenders offering these who will give you approval very quickly. For the majority of them, you simply need to fill out a short online form and wait for your answer.
In moments, you can have that answer. So long as you meet their minimum income requirements, have a bank account and are of legal age, you should be eligible for the loan. It won’t always be the loan you are expecting, as your income can determine how much money you are eligible to borrow, but being approved for some type of loan from one of these lenders is pretty simple.
Once you are approved for the loan, you can get you money quickly. The approval decision is made in a matter of moments, but transferring the money to your bank account can take a bit longer. In most cases, it takes between one and three days to receive your funds. The money should be deposited directly to your bank account at that time, and you can start to use it immediately.
Now, just because it is quick and easy to receive the money and be approved for bad credit loans with instant decision in the uk, that doesn’t mean that you should just go apply without giving it much thought. No matter how small the loan may be, there is always risk involved, and you need to be aware of that risk and your responsibilities for repaying the loan.
You want to ensure you pay back the loan in a timely manner and meet the minimum monthly payments each month. If you don’t, your credit score will suffer and you will be subject to more fees and increased interest rates. Take time to read through the terms of any lender’s agreement that you are considering. Make sure you are able to meet the minimum payment requirements each month before agreeing to anything. That way you can preserve your credit and keep yourself from getting deeper into financial difficulties. Payday Loans are another option that we will explain in greater detail a bit later.
What can I do if I wish to complain?
Information about complaints can be found in our complaints policy.
What if I can’t keep up my repayments?
If you can’t keep up with your repayments you must contact your moneylender immediately and advise your struggling with the monthly installments some companies will adjust your monthly installments to reflect what you can afford to pay back on a monthly basis please note that this can also extend your term of the agreement and probably the amount of interest that you end up paying back. You’re never advised to just stop paying your agreement as this may result in interest being charged on the agreement and missed payments showing on your file this could make obtaining further down the line a lot more difficult.
What do i do next?
Next is the fun bit you need to click on the apply button and fill out our simple online form designed to make sure the whole application as smooth and pain free as possible. The whole application process from start to finished shouldnt take you longer that 3 minutes its as simple as you can get.
*Subject to lender approval and requirements.