What are Quick Loans?
Quick loans guarantee a speedy application review and funds within your account potentially the same day. As lender’s, we realise these loans are normally sought after in times of need and take responsibility in sending money to you as quickly as possible.
Quick loans are ideal for emergency situations when you need an influx of extra cash right away.
The intent of the funds is at the disposal of the borrower. Personal, educational, DIY, home refurbishments, vehicle repairs, a high bill are all valid purposes for these loans.
Despite our pre-planning in today’s financial climate, we all find ourselves in times of need where we’d prefer our paycheques today rather than struggling between these periods.
Quick loans are recommended to be used exclusively in times of need as opposed to a way of living.
Payday Loans and Instalment Loans
There are two different types of quick loans that you can receive. Payday loans and instalment loans allow you to receive funds in a short period and your repay depends on which method you choose. Instalment loans imply the payments recur in a set period. For example, weekly, monthly, quarter-monthly.
Who Benefits from Quick Loans?
Quick loans act as a life-saver in times of need. An emergency financial situation can appear at any time in any of our lives. From redundancy, medical expenses, car repairmen’s or fixing a faulty boiler, we will all experience this at some point in our lives. However, these times do not need to derail your financial status or mental status further.
Being able to obtain a quick loan permits you to financially take care of your current situation knowing you only need to repay a 305.9% apr level.
In an emergency situation, the two most important factors are speed and reliability.
We can ensure your application will be potentially reviewed and cash sent the same day.
Reliability is an important factor as you need to safeguard the finances you have remaining. Despite your financial status, we accept individuals who are also unemployed and have a less-than-perfect credit rating.
We are a legitimate company that is FCA-regulated and can offer security to you once you obtain a loan from us.
Interest Rates and APR Level
BadCreditSite™ offer an apr level of 305.9% and accept individuals who have a poor credit rating. We established our loyal customer-base as we are able to tie up loose ends for individuals who have been previously rejected or specifically offered high-interest rates.
In the end, leaving individuals who take these loans in a worse state financially. Simply put, this is why we offer a variety of products including quick loans as a means of necessity for when things get tough.
If you are worried about how you may be impacted once you obtain a quick loan with us, observe the outlined example showing how much you will be due.
Once your pre-agreed term expires, you will be required to return the funds owed.
How Much Can I Borrow?
BadCreditSite™ offers online quick loans which allow you to borrow between £100.00 to £2,000.00 and may be in your account within the day. The previous image illustrates how our interest payback works and you can use the example to obtain the amount you will owe. Once you complete our online application the interest/apr level will also be demonstrated before completion.
Interested in a Quick Loan?
BadCreditSite™ is partnered with a varied panel of lenders who accept individuals who are unemployed, receive benefits, or have a poor credit rating.
In addition to this, our online application picks up on your entered details and scours the open-market for the best-suited lender for you.
No matter what your situation is, we are experienced and efficient in finding the best possible solution for you.
As we are regulated under the FCA, we do have certain criteria when assessing each application.
However, as previously stated we take into deep consideration any individual with poor credit rating, collecting benefits or unemployed.
Despite traditional financial institutes shying away from these individuals, or charging extravagant interest rates, we embrace everyone and match the best lender suited to you.