Borrow from £100 to £25,000
- Apply For £ 50 - £ 1,000
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- 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: 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.
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How To Get A 100 Payday Loan Bad Credit
If you need a small amount of cash to tide you through your next paycheck, traditional loans from banks and other mainstream financing institutions might not be the ideal options. Banks are known for their slow processing times and stringent qualifications and they don’t usually entertain loan applications for small sums of cash. And if you don’t have that stellar credit rating that many traditional lenders are looking for from their borrowers, then a 100 payday loan bad credit might be a good option for you. Simply apply online or in-store and you will be approved for a quick £100 loan right away.
Securing A 100 Payday Loan Bad Credit
If you are looking to secure a 100 payday loan for bad credit, you might be thrilled to hear that there are plenty of options and lenders that can cater to your need for funding. Here are the easy steps that you can take to obtain £100 payday loans in the UK even if you have bad credit.
- Find a lender – As mentioned earlier, there is an abundance of lenders that provide short term loans for small amounts of money, typically less than £500. You can compare your options using a comparison site or rely on a broker to make your search quicker and easier.
- Check the eligibility criteria – Every lender has its own eligibility criteria that is why it’s important that you check them first before applying to save yourself time and a rejection slip. Generally, lenders will require you to have an active bank account and regular source of income before they approve your loan application for a 100 payday loan bad credit.
- Go to the lender’s website – Once you have found a potential lender and have verified that you meet the eligibility criteria, visit the lender’s website to review the final fees and loan terms and submit your application. You will need to relay your personal, employment and banking information on hand to confirm your identity and income.
- Wait for the lender’s approval – There are lenders who will need a full day to complete your application and there are those who can do it a lot faster. This will depend on your lender but most of the time, you can expect to have your loan deposited into your bank account in the same day you made your application with a 100 payday loan bad credit.
Are You Qualified For A 100 Payday Loan Bad Credit?
Normally, you can take out a 100 payday loan for bad credit if you are 18 years of age and a legal resident of the United Kingdom. And depending on the payday lender and the payday loan option, you may also be required to be employed. If you are not employed, you can also find lenders who will consider your application based on your unique personal circumstances. You will also need to have a reliable source of income that can afford your loan and its repayments. There are lenders who will put a minimum on your earnings but there are those who will just need to see the history of your pay over the previous three months to approve your application.
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.