If you need a small cash loan but don’t want to deal with the hassle of a bank, you can apply for a payday loan online in the UK. You can choose from UKBadCreditLoans, Tappily, and QuidMarket. These three websites specialize in short-term loans and charge no hidden fees. They are all legitimate options and will get you the cash you need in a few hours.
UKBadCreditLoans
The online application process for UKBadCreditLoans is straightforward and quick, meaning there is no need to fill out endless paperwork. Once approved by the lenders, money can be in your bank account within 15 minutes. The lenders also offer flexible repayment terms and require proof of income, bank statements, and contact details. The lenders perform affordability checks before issuing the loan. Lenders send out loan terms via email, where customers can e-sign their agreement.
Although there are many lenders offering quick loans in the UK, the rates and other charges vary widely. It is recommended to shop around and compare rates so that you can select the most appropriate loan. Luckily, most lenders list all of their fees and charges on their websites. After you’ve decided which loan is right for you, it’s time to apply. Once you’re approved, follow the instructions on the website to make the process as easy as possible.
When looking for a payday loan, it is important to compare interest rates, hidden fees, and customer reviews. It’s also crucial to check whether the lender is registered with the Financial Conduct Authority (FCA). And make sure you can afford the repayments. If you have a poor credit history, make sure the lender is FCA-registered before applying. Moreover, check if the lender will perform a credit check before you borrow money.
Tappily
As an Open Banking Implementation Entity (OBI), Tappily requires access to your banking data and is therefore required to obtain permission before they can lend you money. The lender does not lend without this data, and it will only take repayments when you have enough money in your account to cover the loan amount. You can also manage your repayments yourself via an online dashboard. The service also offers a range of money management tools and the option to set up automatic payments.
For eligibility, you should be over 18, live in the UK, and be employed in a regular job. You will need to provide a debit card linked to your bank account and have an active mobile phone number to access your loan. You should also have a stable monthly income and an active bank account. Tappily will not accept borrowers with CCJs within the last three years. The loan amount can be as little as PS100 and can be repaid over a 75-day period.
If you’re concerned about safety, don’t worry! Tappily is a third-party provider that uses 256-bit SSL encryption to protect your data. You can rest assured that your information is safe with Tappily as it is part of a larger credit company. You must have a current internet banking account with the lender and be a non-SafetyNet customer.
QuidMarket
You can apply for a payday loan from QuidMarket online in under one minute. The application asks for information about your income and outgoings, your current debts, and whether or not you are currently employed. After you have entered your information, you will be asked to provide supporting documents, such as a recent payslip or bank account statement. The lenders will determine whether you are able to make repayments before they approve your loan.
As a British resident, you must meet certain criteria to qualify for a loan from QuidMarket. You must have a mobile phone, an active bank account, and a debit card. You must also be employed and earn at least PS1300 per month. If you meet these requirements, you can expect to get your money on the same day. You can then rebuild your credit history. However, if you do not have a stable job, you should not apply for this loan.
In addition to providing the best payday loans in the UK, QuidMarket offers a unique option for customers to spread out their repayments. They offer loans with repayment terms ranging from three to six months. This flexibility means you can plan ahead. As long as you have a monthly income of at least PS1,000, you should be able to pay back your loan without too much hassle. The fees associated with applying for a loan through a short-term lender are often quite expensive, so you should make sure you can afford the repayments.
