What are Payday Loans?
A payday loan is a type of credit that is given to people who need to borrow money for a short period of time, need a smaller amount borrowed or have no collateral. They are given to people with bad credit, or no credit, and typically cost more than a conventional loan received from a bank. The requirement for obtaining a loan usually centers around having a job that provides a regular pay cheque, hence the term “payday loan”. You may also qualify to receive this type of loan if you receive beneficiary payments.
In the UK, people who take out payday loans have received a much larger array of protections from the government, both reducing the price of loans and providing a better environment for borrowers. The UK has strict consumer laws protecting citizens from high cost lending and abusive practices. Many of the consumer protection laws are recent as of 2017. Because of this, it has never been a safer time to take out a short term loan, nor a time where customers have received quality deals. If you live in the UK and need quick cash, now is a great time to apply. Use Tree House for your next loan and receive a quick decision on whether you qualify.
Instant Payday Loans UK
We process your application as quickly as possible. Our process is conducted entirely online, and if accepted the loan is deposited directly into your bank account. From the convenience of your home, you can apply and receive the funds you need. If you’re looking for a same day loan, we encourage you to submit your application and we will be able to notify you whether we can provide a loan to you. Please note the speed of which we can process your loan is dependent on a number of factors.
The services offered below and amounts are for demonstration purposes only. The deal you can qualify for may be more or less than that which is listed.
|Payday Loans||Instant Loans||Amount|
|Payday Loans UK||Fastest Cash Guaranteed||£100|
|Instalment Loans||Lowest UK Prices||£200|
|Instant Payday Lenders||Guarantor Loans||£300|
|Short Term Loan||No Guarantor Loans||£400|
|Payday Lenders Online||Instalment Loan||£500|
What are Bad Credit Loans?
They are geared toward people who have bad credit, but still need to borrow money. If you a have poor credit history, yet are experiencing a financial crisis, a bad credit loan can be the solution you are looking for. Because you have poor credit, lenders will typically charge elevated fees or higher APR interest rates. Help is provided in fast cash that is lent based on employment and your ability to repay.
If you have what you consider to be poor credit, don’t let it prevent you from submitting an application if you are in need of emergency funding. Lenders who provide payday loans focus on ability to repay and employment history and may lend money to you, even if you have bad credit. It costs nothing but 15 minutes of your time to submit an application and know whether you qualify to borrow money.
What are No Credit Check Loans?
Can you get a loan in the UK without the lender performing a credit check? The answer is no, all lenders are required by UK law to check your credit history before lending. However, this isn’t all bad news. There are lenders who place more priority on your employment status and your ability to pay back what you have borrowed. Just because you have poor credit does not mean you do not qualify to get a fast cash loan. Even though they do not qualify as being “no credit check”, it is more like “bad credit is ok”.
Others desire no credit check because they do not have credit and are afraid this will prevent them from obtaining a loan. Whether you have bad credit, or no credit, consider submitting your application if you need fast cash. It is free to apply and you can get a quick response whether you qualify to receive a loan.
What are Benefits Loans?
Not everyone has a conventional job. If you need a payday loan, but your “payday” comes from other income sources rather than employment (such as government assistance, disability, structured payments from a lawsuit settlement or other type of regular income), please consider sending your application. If you have a regular source of income, we will do our best to get you a loan.
What are loans for beneficiaries? A person who receives steady income that isn’t considered conventional employment, yet still receives periodic income (either weekly or monthly), may qualify for benefits loans. These are commonly known as “loans for benefits“, benefits loans, and disability loans. If this sounds like your situation, and you are in need of immediate funds before receiving your next periodic payment, submit your application today.
What are Logbook Loans?
If you have no cosigner and no collateral to put up as security, the cost in fees and interest skyrocket. These are unsecured loans, and as such the fees and interest rate will be higher than if you were to put up collateral (such as with a logbook loan). What is a logbook loan? They are where you put up collateral, such as a vehicle or car, sometimes lenders will allow payment in instalments of fixed monthly increments and issue a log book. These are known as logbook loans. Regardless of the type you need, we have products that can satisfy your need for fast cash.
We do not provide logbook loans, however, we can give you an unsecured loan. If you need to borrow money quickly, or do not want the hassle of providing the documentation required to obtain a logbook loan (which leads to a lien temporarily being placed on your vehicle until you repay), then apply for a pay day loan from us today. You can apply for up to £5000 by clicking the “apply” button above and submitting your application.