Borrow £100 to £25,000*
- Bad Credit Accepted
- Fast Payout
- No Fees
- Secure Application
Short Term Loans
£100 – £1,000
Rates from 278% to 1576% APR*
3-12 month repayment
£1,000 – £25,000
Whole of Market panel
Trusted panel of lenders
Rates from 5.7% to 278% APR*
3-36 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 238.1% pa (variable). Representative 481.6% APR.
Quick Long Term Loans – Even with Bad Credit
- Getting a quick loan, paid back over a long term is something many UK direct lenders offer nowadays.
- Monthly instalments over a longer duration than most loans help people manage their finances better.
- Typically larger amounts can be borrowed over a longer period of time, whether for personal or business use.
There are several reasons to go for quick cash. It is required to go for an important investment or to fulfil major expense. You can go for secured so that the instalments are paid over a long period of time and the interest rate are very low. The agreement will be granted by a bank or financial institution. You should go through the t&c before applying for the cash so that it can cleared immediately. Your interests can be protected in the best possible way when you choose traditional cash.
Borrow anything from £100 to £25,000 today.
Quick online application takes minutes.
What are quick long-term loans?
Loans which take more than 12 months to repay them are treated as long-term loans. They are meant to finance your vehicle. You can also go for personal finance in which case it can be used for various needs. The interest rate on personal rate should be higher than home rate. If you go for home loan, you can get discount as well so that there will not be financial burden. Long term finance is granted based on your creditworthiness. If you manage good credit score, the application can process very quickly. For salaried employees, there is little documentation. The cash disbursal will take place after the confirmation of the agreement. You want to provide required documents to the finance approval teams. The application can be verified and the decision will be conveyed at the earliest.
Managing Credit to get the Best Interest Rates
To manage best interest rates, you should take steps to improve your credit score. If you repay your monthly instalments as per the t&c, the credit score will improve. Your spending on credit card will also influence your credit score. You go through the calculator to estimate the impact of interest rates. Before applying for the loan, you complete the interest rate comparison so that you settle for the best service.
You also choose a trusted agency which will go through financial needs and best options are suggested. You get advice based on earnings, spending habits and future ambitions. It will help you save more and cut down unnecessary expenses. Affordability and convenience
As you go for long-term loans, they are very much affordable and there is a great convenience. Long term finance will help you borrow money for any purpose. You will take long time to repay the money. In some cases, you will want to provide the collateral as well. If you provide the monthly instalments, you might pay lower interest rate.
The risk factor is assessed by the bank or financial institution based credit score, profession, location, gender and repayment capacity. If you had a good past repayment history, it will be a plus point as you are likely to continue the same trend. Thus, the bank will go through all the details and the cash granted as per your need.
Before you sign up the contract, you are advised to go through the t&c. The finance process should be simple and efficient. You should be able to repay the easy instalments. There should be a provision for prepayment so the cash can be closed at the earliest. If your earnings have increased, you can increase the monthly instalment so the loan is closed very quickly.
The bank should not impose penalty for early settlement of the finance. There are some lending agencies which stipulate a minimum lock-in period. If you close the account before the lock-in period, a penalty is imposed. Thus, you should be aware of the terms and conditions so that you will settle for the best cash without any issues.
It can be a positive experience for consumers as well as lenders when long-term loans are offered as per the market conditions. Long term finance is a great way to buy assets like new or old house and movable property. The amount is paid in small instalments so there will not be any financial burden. To choose the best finance, you are advised to contact the adviser.
Finding the right unsecured finance for you’re personal circumstances is often the hardest thing to do, you can often find many many options the market for all different types of finance, its really important to make sure that the option you pick is the best one for you this is where our state of the art system will check you and your outgoings to make sure we put you in front of the right lender this is all done within 90 seconds. Using our form is a really simple process you start by putting in your personal details where you live how long you’ve been there the normal details.. Secondly is a bit about you and your income we need a few short details about how much you are earning on a month by month basis how much you spend out the normal things such as mortgage or rent bills and other financial commitments.
Get Long-term Finance Fast!
If you are concerned about your credit rating being too low to get a long-term loan, you can work it out for the moment before you apply for a loan. Pay off any credit card balances and keep up with your monthly bills. Limit your spending with your credit card and avoid exceeding to your credit limit. This can help boost your credit score. Having multiple debts is also one of the reasons you have a low score, so you may want to pay off existing loans you have. Once your credit rating goes up, you can qualify for a long-term loan fast. However, if you need the money urgently, you can do a few things to get a quick long-term loan. One is getting a long-term loan with a security, typically your house or property. Some lenders will also accept other forms of loan security such as your vehicle, jewellery, and other valuable assets you have. Another thing you can do is to ask a close friend or family member to be your guarantor. The guarantor is someone who will cosign your loan for you, as a promise to take over the financial responsible in the instance that you can no longer handle it. The guarantor must have good credit record, stable income, and preferably a homeowner. These are the two most common ways to get a quick long-term loan even with a poor credit. However, if these options are not viable for you, then you get an unsecured long-term loan. While this sounds impossible because of your low credit score, the technique really is to search patiently for a reputable and accommodating lender. Indeed, there are reputable lenders out there who offer no credit checks, flexible terms, and affordable rates. These lenders understand that customers like you have a money problems in the past, but if they can see that you have the ability to repay the loan because you have a steady income today, then they will give you a quick approval.
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More Quick Long Term Loan FAQs
Is it easy to obtain quick long-term loans?
Over the past few years, the process of applying for and obtaining quick long-term loans has become easier and more convenient than ever. Most direct lenders only require you to fill in a basic online form that gives them information such as your name, age, current income, expenses, address and mobile number. They will then use this information to determine how much money you will be able to borrow.
Can I make early repayments on my loan?
Most lenders will be willing to let you make loan repayments early if you are able to do so. They will usually only require that you inform them in advance that you intend doing so. Repaying your loan ahead of schedule can help build your credit history and it could save you on interest charges in some cases as well.
How much will lenders give me?
Each lender will have different policies in place with regards to the amount of money that they will be willing to provide you with. However, the general consensus is that they will need to see how much money you have left over after your expenses have been paid each month, as this will enable them to calculate a fair amount for you to borrow.
Are the funds available the same day I apply?
These days, most lenders provide excellent customer service so they will try to do everything possible to ensure that you obtain your much-needed funds on the day you apply. In cases where larger amounts of money are being borrowed, it can sometimes take up to 48 hours to obtain your cash though. Your lender will let you know if any delays are being experienced.
Do I pay application fees?
Absolutely not! No reputable direct lenders will ask you to pay upfront application fees when completing the online form. If a lender states that they charge a fee to apply for loans, you will be better off cancelling the transaction and finding an alternative lender.