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Borrow from £100 to £25,000

We Cater For All Types Of Credit History So Dont Worry If You Have Poor Credit! We Can Find A Solution For You! Our Application Process Only Takes Two Minutes From Start To Finish!

  • Apply For £ 50 - £ 1,000
  • Fast Payout
  • No Fees
  • Secure Application
  • Available 24/7
  • Bad Credit

 

PERSONAL

Loans

N Whole of Market panel
N Trusted panel of lenders
N From £1,000 to £25,000
N Rates from 5.7% to 278%
N 3-36 month repayment

 

SHORT TERM

Loans

N Online decision
N Responsible lenders
N Borrow up to £3,000
N Rates from 278% to 1576%
N 3-12 month repayment

Representative Example: Cash price £7,500. Deposit £0.00. Total amount of credit £7,500.00.

60 monthly repayments of £137.22 Total charge for credit £733.20. Total amount payable £8,233.20. Interest rate 3.8% fixed. 3.8%APR Representative.

We are a Credit Broker and not a Lender

Loan Amounts

When taking out a loan there are a lot of things that you need to be considering, the amount is just one of categories, you will need to think about your financial history along with your current and future circumstances but you also want to consider what it is that you want.

Things to consider about your loan:

  • Loan amount
  • Loan length
  • Loan type
  • Loan repayments
  • Loan lender
  • Loan reason

The above categories will have an enormous impact on what type of finance you get and where from, so don’t rush these decisions.


Will The Loan Amount Needed Effect The Type?

In short, yes, the amount of finance you apply will influence the type of loan you can or should be applying for. For example, small figures between £100 – £500 should be considered as a payday loan depending on your ability to pay the whole amount back on your next wage day.

If you are wanting a loan for £200 to £1000 you should be considering a short term loan, still will allow you to pay it off over a few months or up to a year rather than putting yourself under financial strain trying to pay the whole amount back on your next pay day.

Loans for £500 to £5000 should be a personal loan or an auto title loan, also known as a logbook loan as the lender will take the cars logbook information and unsecured loans.

If the loan amount is for £2000 plus you can consider long term loans, guarantor loans and secured loans but this will depend on your circumstances and your ability to find a guarantor or have something to secure the loan against.


Will My Repayment Ability Effect My Duration?

There are two types of repayment abilities that will affect your loan application.

The first is your repayment history, so how you have done at making repayment in the past, were they on time, in full or were they late payments or part payments. This history matters because it will affect your credit score and that in turn will have a consequence on what loans are available to you, what lenders will offer you finance and what interest you will be paying for the term of the loan.

The second repayment type to affect your loan application is how much you can afford to repay and when, for example if you cannot afford to pay very much a month but you need a large loan you will need it over a long period of time and vice versa if you don’t need a very big loan and can make large repayments then you will not need the finance for very long at all.


Will My Reason For The Loan Effect My Application?

The reason application for your loan should not directly influence your loan acceptance. There are a wide variety of reasons why someone will apply for a loan, so pay an unexpected bill, like your car or fridge suddenly breaking down, home improvements, debt consolidation and many more but it is worth keeping in mind that loans shouldn’t be taken if at all possible for ‘unnecessary’ expenses such as a night out on the town, a gift for someone or a holiday.

The main influencer to your application, however, is not the loan reason but your repayment ability, so it really helps to know what you have as an individual and as a household coming in and going out each month. No matter what type of loan you apply for the lender will need to confirm that you can make your repayments and they will get their money back because to lenders this is a business.


Is It Better To Apply For More Or Less?

You will have the reason for your loan application already in mind as finance isn’t something you just get on a whim. So, work out what figure you need to cover the purchase or consolidation. Most lenders will over what is known as a round pound loan, so you can’t apply for a loan for £152 for example. To work out whether you should apply for the loan amount above or below what you need will be affected by two factors.

Factor 1; Can you make up the difference yourself? If you can, without putting yourself under strain, then it means you could a lower loan total as you could have the finance for a shorter period. If however, you cannot get the difference in the amount you may have to apply for the larger amount. If you do apply for the larger amount you can either use the extra to go towards your first loan repayment, you could pay the figure into the loan immediately, as long as there are no penalties for extra or early repayments.

Factor 2; Can you afford the repayments? The most important thing about your loan is that the loan repayments are affordable to you. To work this out you should make a list of your incomings and outgoings, what is left at the end is what is known in the financial market as your disposable income.

The two factors above are the most important things to consider when working out the loan amount that is right for you but there are other things to consider, for example, a lender will sometimes offer a lower APR for a larger loan or they will offer different loan repayment terms depending on the applied loan figure.

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.