Quick Cash Loans: What Are They?
Just as the name suggests, it gets you your funds quickly. These loans can be applied through online platforms, and we at PaydayLoansUK get you the best lenders in the UK who can provide you with the funds within an hour after your loan is approved. Shortly, quick access to instant funds.
What’s the Procedure for Getting a Quick Cash Loan?
You can easily get a quick cash loan by following these steps:
Fill out our quick online form
To start off the procedure, you will have to fill out an application with your contact details, bank account information and income, along with your expenses. You would also have to fill out how much cash you need to borrow, and your repayment period.
Get a Quick Offer
Based on your information provided, our lenders will determine their offers detailing the rates, terms, repayment policies, and more.
Make a decision
If you like the loan offer that our lenders provide you with, you can accept it.
Cash Deposited into Bank Account
After you accepted the lender’s offer, your cash will be deposited into your bank account as soon as possible, probably in just 60 minutes.
The repayment period of your loan and when to pay them, all the details will be given to you when you take out a loan from our lenders. Repay your loans as required.
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 do You Qualify for a Quick Cash Loan in the UK?
If you are from the UK and wondering what the qualification criteria for getting a quick cash loan are, it only has a few simple qualifications.
First and foremost, you should be above 18 years of age, you should have a bank account which is also linked with a debit card, a job (can be full or part-time) and finally, you should be able to repay back the borrowed amount in the given time by the lender. If you qualify for all the criteria mentioned above, you can always take out a loan from our lenders.
Why Should you Select PaydayLoansUK for Quick Cash Loans?
There are various reasons why you should choose us for some quick cash, for instance, we offer:
Instant Loan Decisions
Our lenders will never make you wonder whether your application was accepted or not. They will give an instant decision in minutes on whether your loan was accepted or rejected or if more details are needed for your submitted application.
Funds are transferred in a matter of minutes
As the name says, our lenders do not delay with your quick loans as well. Money will be deposited into your bank account within 15 minutes, making it possible to cover your urgent cash flow issues or emergencies.
Complete Transparency with Zero Hidden Fees
Our lenders will always be truthful with you right from the repayment period to everything that you need to know about your loan when you initially agree to accept the loan. No further extra fee will be charged to you, for example, late fees.
Flexible Repayment Plans
You need not have to worry about a fixed repayment period if you are taking a quick cash loan with PaydayLoansUK. You get to choose your own repayment period. Early repayments or overpayments are also accepted, making it completely flexible, according to your preference.
Considerations for Poor or Impaired Credit
Even if you don’t have a good credit score, you don’t need to worry about it as our lenders at PaydayLoansUK will help you to get quick cash loans even if you have a bad credit score, making it one of the main reasons why you can select us for your quick loan.
No Impact on your credit score
You can relax as your quick cash loans will not affect your credit score. Yes, there will also be no record of your loan and repayment in your credit history as well. This can be really beneficial for borrowers with bad credit.
How Does Payday Loans UK Compare?
|Why Use Us?|
|What is the maximum amount I can borrow?||Up to £5000||Instant approval|
|Will I be considered if I have bad credit?||Yes||Bad Credit Considered|
|Interest rates (variable)||49.7%||Zero paperwork|
|Loan repayment terms||1-36 months||Flexible repayment|
|Will I be credit checked?||Yes||Will perform credit checks as for financial regulations|
|How do I apply?||Apply online||Simple application form|
What is the Maximum Amount I Can Borrow?
The maximum amount that you can borrow from PaydayLoansUK is £5000, and the minimum is £100, and anywhere between them is also fine. You need not worry about the repayment timeline. As we mentioned above, you can be completely flexible with your repayment time period, it can be 12 months or even a month, and it doesn’t matter. It’s your preference. All you have to do is to check the rate of interest and whether you will be able to afford the loan; if you can, you can proceed with no concerns.
Can a fast cash loan be granted to me?
Yes, absolutely. If you have a good credit score, the decision is almost instant, and cash deposition is in a matter of minutes. Even if you have a bad credit score, you can still qualify with a few checks.
When applying for a loan, will my personal details be safe?
It is completely safe and secure with our lenders. You need not worry about it at all; all of your personal information are given utmost concern and safety.
Do you have a fee for your services?
Nope. Not at all. All of our services require no upfront fees at all. You can fill in the application for free and apply for a quick cash loan anytime you want.
When it comes to repaying cash loans, how flexible can I be?
Flexibility is the best advantage you get when you apply for cash loans with us. You can choose your repayment time period; early or over repayments are also accepted by our lenders.
How soon will I be able to get my money?
Don’t be surprised, but yes, our lenders will transfer your funds to your bank account as quickly as 15 minutes after your loan is approved.
I have a bad credit score. Will I still be able to qualify for a fast cash loan?
Even if you have a poor credit score, you can still get a quick cash loan from our lenders. Additionally, there will be no credit history for the loan you get as well, which can help in not decreasing your credit score further down.