Warning: Late repayment can cause you serious money problems. For help, go to MoneyAdviceService.org.uk
Apply to Borrow form
£100 to £5,000*
  • Apply for 50-1,000
  • Fast Payout
  • No Fees
  • Secure Appliaction
  • Available 25/7
  • Bad Credit

How will My Application Work?

Secure Process

You don’t have to worry about your information being compromised. The application process involves secured data transmissions to ensure your information stays secure at all times. There’s no need for you to visit banks and wait for long hours just to get your application approved. You can have it done online and get results fast.

Paid Into YOur Account

Once your loan application has been approved, the funds get deposited directly to your account. We have plenty of options for you to receive your funds. Processing time is so fast, you don’t even have to wait for a day for it to be on your account. It is easy, fast, and very convenient.

Credit Problems

Don’t let bad credit history pull you down. With us, you don’t have to worry about your plummeting credit score. As long as you provide a proof of employment and income, you can take advantage of the services we offer. The lending company doesn’t do credit checks and it is guaranteed you get the funds right away even if you’re blacklisted.

PERSONAL lOANS

  • Apply for 50-1,000
  • Fast Payout
  • No Fees
  • Secure Appliaction
  • Available 25/7
  • Bad Credit

SHORT TERM LOANS

  • online decision
  • Responsible lenders
  • No Fees
  • Secure Appliaction
  • Available 25/7
  • Bad Credit

What does it mean to Default on a Loan?

 

When you take out a loan, you agree to pay the debt based on the loan contract provided by the bank or loan provider. Once you stop paying the scheduled loan repayments over a certain period, the bank or loan provider will forward your account to a collection agency. The job of the debt collection agency is to reach out to the borrower in order to recoup the money you owe. You will experience severe mental stress as soon as debt collectors start calling you at home and at work. You will receive plenty of letters to remind you about your defaulted loan. Unfortunately, some debt collectors resort to unscrupulous activities, threats and blackmail just to get a response from you.

 

When you default on a loan, your credit score is negatively impacted which can decrease your ability and eligibility to get a loan with good rates in the future. A defaulted loan will reflect on your credit history which can be seen by banks and lenders when you apply for a loan. Worse, the lender may take legal action against you and seize your property. Having a defaulted loan might affect other aspects of your life: your personal and professional relationships, your ability to get a job, and even legal complications in claiming insurance money.

 

 

It is important to let your lenders know your intent to pay for your defaulted loan. If you are starting to have difficulty in keeping up with repayments, it is best to reach out to your lenders so that a restructuring program can be worked out for you.