What Are 15-Minute Loans?
A 15-minute loan is a type of loan featured with very quick processing and disbursement structure. It makes your loan available for you within the shortest time possible.
Even if you are a busy person, it will still be easy for you to apply for a 15-minute loan because it requires a little time to apply, process and disburse. You may be watching a football match, and be able to acquire a loan during the halftime – yes, that's in 15 minutes!
It is possible to get a 15-minute loan offer which essentially reduces the time you spend. We quickly link you to our network of 15-minute loan UK lenders thereafter, and boom, your loan is ready.
Why Should I Choose A 15-Minute Loan?
- Simplicity and Swiftness: you apply for the loan online with an easy process that saves you much time and enables you to get a 15-minute loan with no upfront fees.
- No Collateral: you can choose a 15-minute loan because there is no collateral required.
- Flexibility: You can borrow as low as £50 and as high as £5000. It is structured to fit into your flexible financial demand.
- Bad Credit Score Acceptable: even with bad credit, you can still get a 15-minute loan. This is because we will link you up with lenders who greatly suit your present financial needs.
Can I Apply For A 15-Minute Loan Online?
We have set out a very easy eligibility structure. To be qualified for a 15-minute loan, you should be:
Resident in the United Kingdom
Have a valid debit card and a UK bank account.
And be at least 18 years of age.
How Can I Apply For A 15-Minute Loan?
We have set out very simple steps to follow to apply for the quick loan:
Complete A Form
We have one form for you to fill out online. The form is simple and quick to fill, you just need to provide some personal and financial details.
After filling out the form, lenders will give their offers to you. This usually includes loan terms and conditions. Your 15-minute loan will be approved upon your acceptance of the offer.
Get The Fund
Your fund will be deposited into the bank account you registered, in moments. The entire process is very quick and easy.
Want to Get a Loan?
Representative Example: Rates from 43.1% APR to 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £1,200 borrowed 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 APR: 49.7% (variable).
How Soon Will I Receive My Money?
If you have approved for the quick loan, you will receive the fund in your bank account in the shortest amount of time (within 24 hours). The borrower receives quick cash assistance with no restrictions, making it simple to employ for any personal purpose.
Frequently Asked Questions
How Can I Make The Application Faster?
It is critical that you should be truthful in your application. All of the information you provide will be verified during the lender's check; thus, not providing accurate information will result in you wasting additional time.
Can My Personal Details Be Kept Secure?
At PaydayLoansUK, we prioritise the security of our customers' data. While dealing with us, you can be sure your data is safe.
Can I Get A 15-Minute Loan Even If I Have Bad Credit?
Yes, regardless of your credit score, you can count on us to get immediate access to fast money with the loan.
Is A Credit Check Required For 15-Minute Loans?
The FCA requires lenders to run a check on loan applicants. Hence, there must be a credit check for the loan.
What Is The Maximum Amount I Can Borrow?
You can borrow based on your own needs and the amount can be as much as £5000.
Is It Possible To Apply If I Live With My Parents?
Yes, you can get the 15-minute loan even if you live with your parents, as such private information is not required while applying for the loan.