Short term 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
When emergencies arise the one thing that many people think of is where they can get short term loans to cater for their needs. Short term loans are usually the answer when you need money fast. With a short term loan can have the money in your account in just minutes.
For many online lenders, it is easy to get short term loans bad credit. With short term loans you not have to commit yourself on the long run. You can free yourself off of debt using your own flexible repayments. You do not require a guarantor to get a short term loan with bad credit and you also do not need to have collateral.
Short term loans are the simple and effective way to secure your finances when you want and when you repay your short term loan for bad credit on time you can build your credit score. For a short term loan however you should be ready to pay higher monthly installments as the interest rates are high. Also, these loans are good as a solution to your finances but not a way to manage your regular finances.
What is a short term loan bad credit?
A short term loan bad credit is a loan that is offered for the short term (usually less than a year) to a borrower that has bad credit. This type of loan therefore doesn’t consider whether you have attained a certain credit score or not for you to qualify to get the money.
To ensure that your short term loan bad credit is safe, use only FCA approved lenders like Loansgreen. With us you do not have to worry about your personal information being shared or sold. You also do not have to worry about being scammed because we are legitimate and offer market price competitive rates.
With short term loan bad credit direct lenders ensure that you get terms that are favorable for you. You can get loans with a guarantor, secured short term loans like log book loans, unsecured loans like cash advance loans and so many others. The choice really depends on how much money you need and the repayment terms you want.
Bad credit happens when you have missed payments for a loan before. It also happens when you do not have enough credit history because you have never taken a loan before. This therefore means that lenders consider you to be a high risk borrower and might deny you a loan.
With online lenders however, things are different. At Loansgreen we understand that your previous inability to pay for a loan doesn’t mean you cannot be able to make payments now. We look at your financial habits and your current financial situation when determining whether to give you a loan instead of looking at your past.
There is a lot of flexibility when it comes to repaying your short term loan. You can choose periods of up to 12 months to repay your loan. This is up to 52 weeks if you opt to take a pay weekly loan. The faster you repay the loan the better because you will not be lingering in debt for long. It is better to keep your avenues open so you can get a quick loan whenever you are in a bind.
Holding on to a loan also hurts your credit score leading to even worse credit score. It is best that you repay your loan swiftly if you are looking to make your credit score better.
How to get short term loans with bad credit?
If you are looking to get bad credit short term loans then you are in good hands with online lenders. They have their loans specifically designed to suit people with bad credit. The only thing therefore you will have to worry about is your current financial situation.
The ability to repay a loan when you have bad credit is based on your current financial situation and habits. You are therefore more like to get a loan if your current financial situation is appealing to the lender.
You can also increase your chances of getting short term loans bad credit UK if you take a secured loan like a logbook loan. With this loan the lender offers you an amount they can be able to recover from your collateral if you default on the loan. You should therefore ensure you have a repayment plan figured out so you do not lose your possessions.
Short term loans online no credit check
Many people worry about their credit scores and want to keep them as high as possible. Therefore many people do not want to add any credit footprints on their records when they are applying for quick bad credit short term loans.
Online lenders like Loansgreen use soft credit checks to determine whether you are eligible for a loan. These types of credit searches do not leave footprints on your history. Further the credit check done is not used to determine the fate of your loan.
Your loan will be approved even when you have bad credit with online lenders if your current financial situation is at par with what they require. Short term loans no credit check therefore doesn’t mean that there is no credit check done before your loan is approved.
It is a requirement by the FCA that a lender should ensure the customer is able to afford the loan they want to take. With this in mind therefore even the online lenders look at your credit records though they do not base the decision to give you a loan on that check.
Apply for short term loans bad credit
Applying for short term loans bad credit is easy and simple. All you have to do in most cases is fill out a short online form and submit it. If you are dealing with a direct lender like Loansgreen your details are verified immediately and a soft search is done. Other details like your employment status and any other information will be verified quickly.
The decision of acceptance or rejection is then sent to you online via email. Once you accept the terms of the loan then the funds are remitted to your account. It is that simple and the entire process happens online and in a matter of minutes.
The short term loans for bad credit you can apply for with online lenders include;
Payday loans – these are loans that are supposed to be repaid when your pay check or benefits check comes. To qualify for these loans you only need to have a regular income whether from employment, rental income, child support benefits, government benefits or from business. When you have proven you get regular income that will not fail to come then you automatically set direct debits so the money is repaid without you having to think about it.
Cash advance loans – cash advance loans are payday loans meant to give you a cash boost before your salary or income arrives. If you have an emergency that cannot wait until your pay check comes you should consider taking a cash advance loan.
Unsecured personal loans – these are loans that are meant for personal use. Being unsecured means you do not have to put any collateral for you to get the loan. The lender looks at your financial situation to give the loan. Many lenders offer personal loans with repayment duration of around 24 months depending on the amount that you borrow. This will give you the flexibility that you need to repay the loan with ease.
The amount to repay every month depends heavily on the repayment period. The longer the period the more affordable the monthly installments will be.
Installment loans – these are loans that are supposed to be repaid in installments whether monthly or weekly installments. With online lenders you can choose the duration for your loan to determine how much you will be paying in every installment. If you get your payments every week, opting for a pay weekly loan might be the best decision to repaying the loan with ease.
There are many other short term loans bad credit that you can apply for with online lenders. It is important however that you only borrow when you really have to. Putting yourself in debt may affect your credit score and credit history negatively in the future preventing you from acquiring a loan with ease when you need one. It is recommended that you only borrow when you need the money and borrow the much that you need.
Before you agree to any terms you should take your time to choose between the many available online lenders. Ensure the lender is approved to give money. Also check the APR that the lender is offering. Calculate the interest loan using the provided online calculators to determine how much interest you will be paying with each lender to choose the most affordable one.
At Loansgreen we offer short term loans bad credit with very competitive rates. We are approved to offer financial services. Our niche is people who are in bad credit already and therefore we welcome everyone to apply regardless of the credit score they have. Try us today and get instant loans to cater for any emergencies you might have.