Quick Loans Bad Credit
Apply to borrow from 100 to 25000*
- Instant Decision
- 60-Second Application Form
- From £1,000 to £25,000
- Rates from 5.7% APR to 278% APR*
- 3-36 month repayment
Apply to borrow from 100 to 25000*
- Online decision
- Responsible lenders
- Apply to borrow up to £3000*
- Rates From 278% APR – 1576% APR*
- 3-12 month repayment
What Are Unsecured Loans?
Even without collateral to pledge, there are still options to choose when applying for a loan. For loans without security deposits, these types of loans are considered unsecured. Unsecured loans allow borrowers to request for funds without giving up an asset as a security deposit. Personal loans, payday loans, credit cards, and student loans are just some examples of an unsecured loan. It is a very convenient source of funds without having to deal with the complicated approval process. However, these types of loans are often accompanied with higher interest rates.
How will MY
To apply, you don’t have to leave your homes or travel miles. The process is amazingly fast and secure. All you need to do is to fill up a form online. In as fast as two minutes, you can have the result of your application without waiting hours in long lines. Your personal and banking information is safely secured.
Paid Into Your Account
Once approved, the borrowed funds are immediately sent to your checking account. No fuss, no hassle. In just minutes, you get the money that you need without going through complicated requirements and documents. A perfect solution for emergency situations.
Your credit problem is never a problem with us. Even with bad or poor credit, you are still eligible to take advantage of our services. Our lenders offer cash assistance without the need for you to undergo a credit check. If you can pay the loan on the agreed schedule, your credit line will never be a problem.
- WHAT ARE PAYDAY LOANS
- HOW DO I APPLY?
- MUST I HAVE A GUARANTOR?
- WHAT’S IN IT FOR US?
- HOW LONG DOES IT TAKE TO GET PAID OUT?
A PAYDAY LOAN IS A TYPE OF CREDIT THAT IS SUITABLE FOR WHEN EMERGENCIES OCCUR
If you find yourself stuck in the middle of nowhere with no money in the bank and no cash on hand, the best thing that you can do is to apply for a payday loan. Payday loans are easily acquired and don’t require complicated documents, making it the best cash assistance fund during emergency situations.
- WHAT ARE GUARANTOR LOANS?
- WHAT ARE LOGBOOK LOANS?
- WHAT ARE PERSONAL LOANS?
Services We Provide
Long Term Loans
It always seems that when one thing in your finances goes wrong, everything else seems to just follow suit. When certain problems emerge, you might find yourself requiring cash now, most of the time it is cash that you do not have. This is where a quick loan can come in handy. If you have bad credit though which many people in the UK do then finding a loan can be a bit difficult but not entirely impossible.
Finding quick loans with bad credit is possible if you know where to look. Many lenders have changed the criteria they use to offer loans to ensure that people in the UK can access loans regardless of their credit status.
When troubles arise you only want to get money as quickly as possible to keep the sort out the issues at hand and get normalcy back into your life. This means you are only want to talk with lenders who can offer quick loans bad credit. It is certain to many that this cannot be the traditional banks and credit unions in the region.
How to get quick loans with bad credit?
Quick loans with bad credit are a stable for online lenders. Online direct lenders are businesses approved by the FCA to offer financial solutions to the people. Typically they offer financial solutions to people with bad credit who find it difficult to enjoy loan services from the banks.
The quickest type of loan a person with bad credit is likely to get is a short term loan. A short term loan is designed to be repaid quickly sometimes even in just a couple of weeks. Most lenders want to issue loans lasting a couple of months but you are not limited because there are also long term loans and even mid-term loans to suit your needs.
A quick loan is designed to be applied for fast and approved even faster. You can apply for a quick loan bad credit faster than it will take you to read this and have the money approved before you finish that cup of coffee. It might take longer but you will have funds with you the same day.
Depending on the type of short term loan you apply for, you might be required to repay the loan as a lump sum after the duration is over together with the interest. If that is too much pressure then opt for a loan with a longer duration to repay in installments.
Since quick loans are short term loans, they are also small amount loans. Typically many lenders offer less than £2,500 for quick loans but this varies from one lender to the other and you special circumstances. Quick loans bad credit are also high interest loans because of the risk involved for the lender.
Having bad credit means you are a high risk borrower. This is the reason why bad credit loans cost more than normal loans. However, it is a price that you might have to pay to enjoy the convenience of a loan. The fact that you can get a quick bad loans for bad credit same day doesn’t mean you have to apply blindly. You should take time to choose the best loan for you.
Best quick loans for bad credit
While there are so many online lenders offering quick loans bad credit, not all the loans offered are the same. Different companies use different criteria to qualify you for the loan and you will get varying terms and conditions from different lenders. It is therefore necessary that you put in some effort to choose the very best loan for you.
Before you consider taking out quick loans bad credit, you should make sure that you will be able to repay the loan in full. That is the principal and the interest the lender is charging for the loan. Quick short term loans can add up quickly and the repayments might be steep especially when the interest rate is too high. Consider finding a lender that offers interest rate that is considerable for you.
The high APR however should not put you off. Using the period you intend to pay for the loan, calculate how much interest you will be paying in total. If you are paying the loan quickly you might find it is more affordable than you thought.
If you take a short term loan, it is advisable that you avoid rolling it over or extending the repayment period. This is because the longer you let the loan stay the more interest you will be paying for it. It is best to have the loan cleared quickly as this will help your credit score and leave you open to getting approved for other loans in the future.
If a quick loan bad credit seems unaffordable for you then you should consider an installment loan. An installment loan is repaid in installments over a longer period. With an installment loan you can apply for more than with quick cash loans bad credit. However, do not let this loan linger on for too long also because the longer the duration the more interest you will end up paying even when the monthly installments are affordable.
Whereas applying for installment loans might be long and tedious at the bank, it is not with online lenders. The application process is quick and simple and you will have funds in your account on the same day. You can get up to 5 years to repay the loan which gives you the flexibility to choose a larger or smaller monthly installment depending on what you can afford.
You can repay your quick loan bad credit in full without being penalized. Approved online lenders report your repayment history to the credit bureaus so when make your payments as required you will continue to grow or build your credit score.
Quick payday loans bad credit
When you take a payday loan, the lender requires you to repay on the date when your pay comes hence the name. Many lenders however, offer several repayment installments on quick payday loans bad credit. Usually you can get three installments to repay this loan.
When you do not have the luxury to wait on the banks and you do not want to bother friends or family with loans then you should consider quick loans bad credit like payday loans. They are given the same day and you can repay in just one payment and be done with the loan just like you would have done with a friend only this time you pay some interest.
When offering quick payday loans bad credit, the lender is only interested in your ability to repay the loan when the payment date is due. If you are employed then this becomes a great way for you to get a loan. It is also good for those who receive regular income whether from benefits or from rental income.
Since these loans are not offered dependent on your credit score, they do not require a hard credit check. Most of the lenders offering these loans online will only do a soft check of your credit. Soft check doesn’t leave any footprints on your record which can harm your credit.
How to get quick loans for people with bad credit?
If you are in the market for a lender that can offer you quick loans for bad credit then look no further than Loansgreen. We are an approved company that offers quick loans for people with bad credit. We are only concerned with your ability to repay the loan currently and therefore we base our decision on other aspects other than your credit score.
The application process is quick and easy and only takes you a couple of minutes to be done with it. After the application has been reviewed you will receive the decision of acceptance about 15 minutes after sometimes even faster. After accepting the terms of the loan, the money is sent to your account ASAP.
We offer a wide range of quick loans for bad credit. For instance you can get cash advance loans, payday loans, installment loans and many others to suit your needs. We operate following the regulations of the FCA and therefore you can be sure that best practices are followed.
We also inform the credit bureaus of your repayments to help you grow your credit score. If you are unable to make payments for any reason just contact us and we will give you new terms or an extension so that your credit score is not harmed. We are committed to ensuring that you enjoy loans just like anyone else and we also make sure it will be easier for you to get a loan in the future.
If you have bad credit you can take full advantage of quick loans bad credit. Banks will not be able to help you when you need money instantly because of the redtape involved in the application and approval process. Waiting too long to get the money you need for an emergency only adds to your anxiety. Online lenders are the solution you need for quick loans bad credit no guarantor.