The Very Best Loans with Loantra
Apply Today to Borrow up to £995
*Rates from 278% to 1576%
*3-12 month repayment
Apply Today to Borrow up to £25,000
*60-Second Application Form
*Rates from 4.7% to 278%
*3-36 month repayment
What Loantra can do for You
Sometimes we need a loan to help us afford the things we want in life. Sometimes we need a loan to help make life that little bit more comfortable and enjoyable. And sometimes we need a loan to pay the rent, to afford dinner and to avoid catastrophe. This is when loans become desperate loans. The good news is that there are now plenty of options for those who need desperate loans and there’s no need to go without. But when you’re desperate, that makes you susceptible. That means you need to be extra cautious and you need to think long and hard about what you’re agreeing to. This post will help you find desperate loans that won’t make your situation even more desperate…
Need Cash Now? Here’s how to borrow money fast
Whether its for fixing a broken window, paying off an overdue bill that’s been generating penalties and arrears, or purchasing a birthday present for a loved one, sometimes, taking out a loan makes perfect sense because you simply need cash now. To be more specific, you need to secure a quick loan from an online lender that can have your money ready for use in just a single day or a couple of days at the soonest. But you might ask, why online lenders and not the usual go to lenders like banks and credit unions? Well, if you need cash now, then traditional lenders might not be the ideal sources as it can take several days or even a whole week before they can process your loan. Another advantage in going online is that you can easily shop around and compare different rates from numerous online lenders who typically offer competitive deals. And if you have bad credit, you can easily find an online lender who can cater your need for quick funding despite your unappealing credit score as long as you have an income that is enough to afford the loan’s repayments.
If You Need Cash Now Get Quick Loans with Same day funding
Aside from the abundance of online lenders available, there are also an assortment of quick loans that you can choose from in the UK that can provide same day funding. Depending on your needs and present circumstances, you can obtain cash now through: Credit card cash advances. Credit cards have features that allow you to conduct a transaction called cash advances. It’s an option that you can look into if you need cash now but bear in mind that it can be very expensive. Payday Loans. You can take out a short-term unsecured loan that you can payback in your next payday through a payday loan. The best thing about the financial products is that having strong credit score is not important to get approved. Pawnshops. You can pawn one of your items and get instant cash right then and there. Just make sure to cover the repayments on time to avoid incurring penalties and risk losing your item as a result. Doorstep Loans. If you need cash now but don’t have the time to go to a physical store, you can try considering doorstep loans. The loans are offered in small amounts and just as the name suggests, you can have your cash delivered right at your doorstep. Different kinds of instant loans. There are also a variety of instant loans that you can consider in the UK. All of them can provide you with the same day funding that you are looking for to cover emergency expenses as long as you meet the lender’s eligibility criteria. It’s important to remember however, that you will have to carry higher interest rates in exchange for the kind of ease and speed you will enjoy from such loans mentioned above. That’s why its very important to shop around and compare your options so you can find the product that offers the most competitive rates and favourable payment terms.
Need Cash Now? Important things to consider before taking out a quick loan
Sometimes when you need cash now, its easy to rush things and submit an application on the first potential lender that you find. However, its important to note that there are eligibility requirements that you need to meet to become approved. With that being said, consider these important things first before you will make an application so you can avoid wasting your time on making a baseless application that won’t lead you anywhere and risk blemishing your credit history from being rejected. Determine what the monthly repayments are so you will know if its something that is ideal for your budget and earnings. Know what the lender’s eligibility requirements are for their quick loans, so you can easily provide the essential information once you begin your application. Compare as much lenders as you can and choose the offer that has the lowest rate for the kind of payment term that you want. Choose lenders that conduct a soft credit check in evaluating your application as it won’t risk blemishing your credit score.
Need Cash Now? Quick personal loans
If you need cash now for large amounts, then you might want to consider taking out personal loans. There are plenty of online lenders who can process a personal loan for 48 hours, which gives you more than enough time to use the money for urgent financial needs. However, this will depend entirely on your application and if you can quickly provide the requirements needed to determine your eligibility. APRs can also differ from lender to lender, which means it would be best to see what the rates are for various lenders so you will know which ones offer the most affordable deals, including flexible repayments as well. If you don’t need cash now and can spare several days, considering a personal loan from your local credit union might be a good idea. You can avail for a personal loan with lower interest rates even if your credit history is not that great.
Need Cash Now? Get cash now without applying for a loan
If you are not comfortable in the idea of borrowing money and paying off interest rate charges, you can try exploring other options as well. Try to check if you can prolong covering those unforeseen expenses without incurring penalties and charges. For instance: If you have a hefty medical bill in your hands, try to see what the fees are and make an attempt to negotiate so you won’t have to cover the entire bill as is. For those who are employed, they can ask their bosses for a salary advance and pay it off in their next payday. There are also companies that have financial assistance options for their workers and this is something that you might want to consider if its available. Try to consider your loved ones as a viable means to secure extra funding. You could borrow money without paying off any interest rate in return.
How to be Smart
Some payday lenders and installment loans are fantastic options when you need desperate loans. For just a small fee, you can have the money in your account right away!
But in other circumstances, these loans can be a bad move and end up getting you into more difficulty. When you’re desperate, it’s easy to make that mistake.
So always compare the prices of different loans before making a decision – don’t take the first offer you can find. Likewise, always make sure that you have budgeted for the repayments and know exactly when you’ll have finished paying it off. This way, you’ll avoid being charged late payment fees and you’ll be able to improve your financial standing in the long run!
See How We Compare to Our Competitors
Representative 49.9% APR (variable). Borrowing £4000 over 36 months, repaying £195.16 per month, total repayable £7,025.76. Interest rate 49.9% (variable). Repayment terms available between 1 and 5 years. Maximum APR 99.99%
Loantra is a licensed credit broker and not a lender.
We will never charge you for our service and the lender will not increase the rate to cover our fee to them.
We work with over 40 different lenders to bring you the very best rates from across the UK market.
Representative 305.9% APR. 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)
Warning: Late repayment can cause you serious money problems. For help, go to moneyadvice.org.uk.
Do not borrow more than you can pay back as defaulting on payments can lead to serious monetary problems.
Any collateral you have against the amount may be at risk of repossession.
5 most recent personal loan reviews
My personal loan from NatWest was planned in advance because I like to do plenty of research before committing to something as important as a building extension. I wanted to make sure the loan would be possible and that it was at a competitive rate before I started employing architects and builders. I was in regular contact with our local branch’s loan adviser and they finally sorted out a very good loan for me and once that was agreed I got on to the job of planning this extension. We’d already had the go ahead from the local council so it was all systems go once that all important loan was finalised. Sometimes it’s best to deal with your own bank for such an important loan and I am pleased that I entrusted NatWest with my loan.
Review posted by Wayne Crouch, Plymouth
- Customer Service
- Ease Of Use
- Value For Money
In our position your company treats us well. We have the income but unfortunately due to circumstances beyond our control our credit rating is bad. Thank you Uswitch for giving us a chance.
Review posted by Neil Morrison, Perth
- Customer Service
- Ease Of Use
- Value For Money
Suprised at ease of application. Never wanted to use these kind of things but had a very tough month and needed a few pounds before payday. After checking different options I found the small amount to payback manageable and it’s all payed back 2 days after payday. Easy process with quick response.
Review posted by Anthony Bell, Chelmsford
- Customer Service
- Ease Of Use
- Value For Money
All reviews have been sourced from Trust Pilot to ensure authenticity of testimonials.