Interest Rates from 43.1%APR to 1333% APR. Minimum Repayment Period is 1 month. Maximum Loan Repayment Period is 36 months. Representative Example: £1,200 loan for up to 75 days. Total amount repayable is: £1506. Interest charged is 0.34% per day, amounting to £306, annual interest rate of 124% (variable). Representative Example APR: 49.7% (variable).
No obligation quote and APR will be based on your personal circumstances. *Once approved, your cash could be sent within 5 minutes. The time that it takes for the cash to be received in your account will depend on your bank’s processes and procedures.
Are you facing a sudden financial emergency and need cash right away? Do you have poor credit and trouble getting approved for a traditional loan? Or is your payday still a few days away, and you need cash to tide you over until then? If any of these scenarios sound familiar, then a short-term loan could be the right solution for you.
A short-term loan is an unsecured loan that can help you cover unexpected expenses or bridge the gap between paydays. They are typically paid back within a few weeks or months and come with higher interest rates than traditional loans.
At Payday Loans UK, we offer short-term loans of up to £5000. We understand that financial emergencies can happen anytime, so we offer a quick and easy online application process. We also understand that not everyone has perfect credit, which is why we offer bad credit loans without a guarantor.
With a fast and simple online application, you can apply for a short-term loan and get the money you need to cover unexpected expenses. Here's how it works:
Poor credit score is one of the main reasons why people have declined flexible short-term loans. If you have a poor credit reference agency score, it may seem like getting a loan is impossible. However, some lenders are willing to work with you, and we'll run a credit and affordability check to make sure you can afford the repayments before approving your loan.
We understand that bad things happen to good people, and we'll work with you to get the money you need. The loan provider or direct lender will only run soft credit searches with your permission, which means they won't affect your credit score.
The amount you can borrow depends on several factors, including your income, employment status, and credit history. However, the maximum amount you can borrow is £5000. The minimum amount you can borrow is £500, and there are no hidden fees.
You can borrow for a minimum period of 1 month and a maximum period of 12 months. The interest rate on a short-term loan is typically higher than the interest rate on a long-term loan. The exact interest rate depends on the lender and the amount you borrow. The late repayment fees are also higher for a short-term loan.
Yes, you can repay your loan early without any penalties. We encourage you to repay your loan as soon as possible to less pay interest. A short-term loan suitable for those who need quick access to cash. There is a short repayment period for less loan amount.