We DON’T CHARGE YOU – we charge the lenders. We are a broker so we charge commission to the lender you chose for your loan. Simple as that. But that commission has no baring on which lenders we find for you. We are totally unbiased. We promise.
No problem – click here. We are dedicated to providing the best service and being open and honest. That is why all our policies are readily available.
A short-term or payday loan is designed to cover any expenses you can’t meet while you wait for your next payday. It does not matter when you apply for a payday loan the full amount will be due the next time you get paid. Lenders usually charge a fee per £100 borrowed.
These are usually slightly longer in duration – between three and 18 months – and of higher value, around £2,000 maximum. Because it is paid back over a longer period the interest rates are smaller.
As long as you meet certain criteria then yes you can apply. See our Am I Eligible page to find out more. But please first make sure you can afford your repayments.
It could not be simpler – complete the form and find out there and then if you have been approved. Once you have you’ll be transferred to the lender’s website. We are open and operating 24-hours a day, seven-days a week. Whenever you need us we are here. And most lenders work around the clock too.
It does appear that way – but let us explain. In a bid to make things easier for consumers all financial sector firms must represent interest rates using the Annual Percentage Rate. You might more commonly recognise it as APR. Now, for longer-term loans this calculation does the trick really well. But it is flawed for the types of loans we help you find. Although we will keep telling you the APR, a better way to compare short-term loans is by looking at the overall cost and deciding whether you can afford it. br>On the face of it the payday loan has a far higher APR – but pound for pound they are usually cheaper. Let’s say the repayment period for an unsecured personal loan of £15,000 is five years. The total fees paid at the end of that agreement would be £4,981.92 – or 33.2% of the money borrowed. br>Now let’s match up a payday loan charged over a 30-day period with a far higher APR. However because the timescale is much shorter the overall cost per £1 borrowed is lower – YES LOWER – with the short-term agreement.
Once you have got to your next payday the lender will normally take the money directly from your account. You don’t need to do anything. For instalment loans the same will happen but on an agreed date each month for the length of the agreement.
Apply and see. Many of our lenders are willing to consider people regardless of their history.
Again – simple. It is put straight into your account. It will be paid directly into your bank account.
ZERO. ZILTCH. NOTHING. It’s FREE. br>The only time you will be asked to agree to a fee is if we recommend another trusted broker to help you search for the right instalment loan for you. If you need to consider an extended bank of lenders then a new broker – which we can put you in touch with – might charge a fee. Of course, you are under no obligation to agree to this. If you are not interested in seeing these types of brokers simply opt out during the application process and we won’t waste your time. br>If you do agree to the fee it will be taken via the broker’s secure website. BEWARE – no-one from uLoans or any of our financial industry partners will ever contact you to ask for money or for you to purchase goods. If this happens you may be a victim of fraud. Find out more here.
Click unsubscribe on one of our emails.Go to the Home Page and click SMS Opt Out. br>Reply to one of our texts ‘STOP’. br>It will usually take about 48 hours for us to cease sending them out. br>Visit the Support Centre – they will help. Our address, if you need it, is: 1st Floor, 2 Woodberry Grove, Finchley, London, N12 0DR
This is simple as well. CALL YOUR LENDER. As soon as you have the slightest concern that you will not be able to make a payment you need to start talking. This way the lender can do everything possible to help you find a way through your difficulties. br> br>StepChangewww.stepchange.org
br>0800 138 1111 br> br>Money Advice Servicewww.moneyadviceservice.org.uk
br>0300 500 5000 br> br>National Debtlinewww.nationaldebtline.org
br>0808 808 4000