#Credit and loans #Credit #and #loans
Credit and loans
*******
Short term loans from ВЈ100 paid out in minutesЛ…
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
Find a short term loan thatвЂ
s right for you
Need money, fast? Simply fill out our online quote form to search more than 60 lenders and find a loan for ВЈ100 to ВЈ5000, with an instant decision.
We find loans to suit your individual needs – even if youвЂve got a bad credit rating. Our service is free, quick and easy. No hard credit check and no impact on your credit rating*.
What is a short term loan?
Available to anyone age 18 or over, short term loans – or payday loans – are loans that are repaid in regular instalments to fit the short-term needs of your personal finances. For example, for some of our applicants, a short-term loan may be used to help cover costs at the end of a month before the next pay day, when they find themselves a little short on cash.
Is a short-term loan right for me?
Short-term loans are a good option for borrowers that need to arrange a loan quickly and know they are able to meet the repayment schedule. We encourage you to read your selected loanвЂs terms and conditions for information about additional fees that you might encounter in the event you are late or miss a payment, and assess the overall cost of the loan inclusive of interest rates. If you feel happy with terms and confident that you can repay the instalments then a short-term loan could be right for you.
What are the pros and cons of a short-term loan?
ItвЂs reassuring to know youвЂve made an informed decision when choosing the loan thatвЂs right for you. To help, weвЂve put together some of the main pros and cons to taking out a short-term loan.
- Quick and easy online application and no credit check.
- Flexibility to set your own repayment term – no long-term commitment.
- Checks that donвЂt impact your credit score and no guarantor needed.
- Have funds in your account in as little as 15 minutes.
- A fast and effective way to secure finances, when you need it.
- Potential to improve your credit score by repaying your short-term loan on time.
- Interest rates are slightly higher than longer-term loans.
- A short-term solution to help your finances, not a way to manage regular expenses.
Are short-term loans safe?
Yes, short-term loans are safe so long as you use a Financial Conduct Authority (FCA) approved lender. We are an FCA authorised and regulated credit broker and promise to only ever offer loans from FCA-approved lenders. Borrowers can stay safe by checking lenders and brokers are FCA-regulated before finalising any term agreements.
How long do I have to repay my loan?
Because we search lots of different instant short-term loans that are provided by a wide range of FCA-authorised lenders, please check your repayment terms before taking out your loan. IN most cases, you can set your own repayment timeline with some lenders allowing up to six months to repay a loan, though this varies.
I have a poor credit history. Do I need a guarantor to take out a short-term loan?
You donвЂt necessarily need a guarantor to take out a short-term loan. We offer secured loans, where a guarantor is required, and unsecured loans, where a guarantor is not needed. Simply enter your requirements into our online quote form and weвЂll show you the best options for your circumstance – whatever your credit rating may be.
What is bad credit?
You may be considered to have bad credit if you have missed payments for a loan or if you have a lack of credit history due to never taking out a loan or credit card in the past. Because of this, many banks and traditional lenders will identify your loan application as higher risk and may be less likely to lend to you.
WeвЂre different. We know that it can be easy to fall into a bad credit rating which is why we, and the FCA-approved lenders that we work with, look at your financial habits and not just your past credit history.
Apply for a short-term loan
Ready to find your short-term loan?
Simply fill in our online form – it only takes a couple of minutes – and get an instant decision. If approved, your loan can be in your bank account the same day.
Our friendly and expert team are on-hand to help with any queries you may have. Get in touch and weвЂll be happy to offer impartial advice.
Short Term Loans Pros
- Quick cash. Receive money in your account in as little as 15 minutes
- No long-term commitments
- Minimal collateral or background checks
- Resolve emergency/urgent expenses
Short Term Loans Cons
- Interest rates tend to be slightly higher as the financial agreement is a short contract in comparison to other loan options
- A short-term loan can help assist your finances, but should only be used as a last resort. Make sure you do not end up constantly requiring these short-term loans to cover expenses.
BadCreditSite.co.uk does not charge customers a fee for using its broker services, but it receives a commission from lenders or other brokers if a customer enters into a consumer credit agreement with a lender or broker following an introduction through this website.
WeвЂre a fully regulated and authorised credit broker and not a lender. BadCreditSite is a registered trading name of PJG Financial Limited which is authorised and regulated by the Financial Conduct Authority under reference number: 769219. PJG Financial Limited is registered in Scotland (company number SC535782), registered office 272 Bath Street Glasgow G24JR, Licensed by the information commissioners office (ZA185395).
* Although lending partners initial eligibility checks involve a soft pull of your credit information, and there is no impact on your credit file at this stage, lending partners may subsequently conduct a hard search, prior to finalising your loan offer. This hard search would stay on your report for 12 months.
Л…subject to lender requirements and approval. It may take longer for you to receive your funds. This will depend on your lender, whether your bank accepts faster payments and whether the lender requires any additional information or documentation from you to progress your application.
*******
SOURCE: http://www.badcreditsite.co.uk/short-term-loans-bad-credit/
Comments
Post a Comment