¹ If your loan is approved, funds may be cleared and in your account within the hour if you apply before 3pm, Monday to Friday. If you apply after 3pm, then this will be the next working day
² Upon acceptance of the loan offer and entry into an agreement with the lender, the lender will transfer the cash within 24 hours. Clearance of the funds is dependent on whether your bank accepts faster payments.
³ We and other brokers may perform a soft search of your credit file to provide you with a free no obligation loan quote. This will not have any impact on your credit file. Lenders will perform a hard search of your credit file before finalising your loan offer. Once approved, your cash will be sent according to your lender's terms. The time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures.
⁴ We do not charge borrowers a fee for the use of the brokerage services, but we receive a commission from lenders or other brokers where borrowers enter into a consumer credit agreement with lenders and brokers following an introduction through this website. There will be fees from your lender, so please check their terms carefully.
5 Our credit report partners offer a 14-day free trial to their credit report service. If you choose not to cancel within the trial period you will incur the monthly subscription fee of between £14.99 and £19.99 until you cancel the account.
Representative example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable). Representative 305.9% APR.
The actual loan offer you may receive may be lower than what you applied for. This is because each loan application is analysed and dependent on personal affordability. Lenders will also consider loan period, income and outgoings, which may result in the requested amount being declined, but a lower amount being offered.
Short Term High Cost loan should not be used as a long term solution. You should be aware that it may involve repaying a higher rate of interest, extending the terms of the debt and increasing the total amount you repay. If you are thinking of consolidating existing borrowing you should be aware that it may involve repaying a higher rate of interest, extending the terms of the debt and increasing the total amount you repay.
A guarantor is someone who agrees to back up your guarantor loan and steps in to make repayments if you don’t. Guarantors are usually friends or family members as these are the people who know you best.