Borrow from £100 to £25,000
- Apply For £ 50 - £ 1,000
- Fast Payout
- No Fees
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- 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: 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
Why Choose A 500 Loan Direct Lender
Oftentimes, carefully managing your finances can be a tricky business. Sometimes, unforeseen expenses that you didn’t prepare on or bills costing more than you budgeted can instantly put you in a tough financial position. Conversely, you might have managed your earnings in advance only to find out that everything is going to be tight. That’s where a 500 loan direct lender comes in handy. Whether you are looking to take out a 500 pound loan to take a much needed holiday or a small loan for any purpose, the financial product could be just the thing you need.
A 500 Loan Direct Lender
When you opt with a 500 loan direct lender, you will be applying directly for a loan from a lender and the lender will fund the money that you availed for directly to you. If you are approved, the agreed loan amount will normally be deposited directly into your designated bank account. To qualify for a 500 pound loan from a direct lender, you will have to meet certain eligibility requirements that may be slightly different from other lenders. Every direct lender has its own unique criteria when it comes to lending but typically they would require you to be at least 18 years of a age and a legal resident of the United Kingdom with an income that is enough to afford the loan and its repayments.
Advantages Of A 500 Loan Direct Lender
There are plenty of direct lenders in the UK who provide flexible 500 loan deals to borrowers in the UK as long as they are qualified. When you decide to take out a loan from a direct lender, there are also certain advantages that you can enjoy such as:
- Quick and straightforward process – Taking out a 500 pound loan from a direct lender is normally quick and easy. Simply make an application on a lender’s website that can be accomplished in just several minutes and once you are approved, you will have your money deposited into your account without delay.
- The lender of your choice – Because you are applying directly, you have complete control on which lenders you will want to work with. If you don’t like what a lender is offering, you can simply move on to the next without penalty or obligation.
- Direct negotiations – No other person is representing your loan deal but yourself which means you can contact your lender directly if there are issues and concerns that bother you. You can also try and negotiate with your lender directly to work out a loan deal that is more favourable to your needs and present circumstances.
Watch Out For Predatory Lending
And finally, never enter into a credit agreement with a predatory lender just because you really need funding right away. There are also loan sharks that can trick you into signing into a loan agreement that is actually exploitative in nature. As a good rule of thumb, always opt with a lender that is reputable and properly licensed. The direct lender providing you with a 500 pound loan must be regulated by the FCA or Financial Conduct Authority to ensure that all your interests are being protected.
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.
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Hi There My Names Martin! I’m a huge sports fan fancy myself as the next Lionel Messi.. Ive been writing for the last ten years mainly in the financial niche.