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Which payday loan is
best for people with
bad credit?

Which payday loan is best for people with bad credit?

Strong Service Benefits

Our loans offer people with a bad credit history or no credit at all a chance to get a personal loan. With loan repayments made on time and in full our loans could help people to correct their credit score or create a good score if they have never had credit before.

Easy and Secure Application

Quick approval Process

Contactable by Email

Representative Example:
305.9% APR. £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)

Please note:
Finacerr is NOT a lender – we are a licensed broker working with the most popular direct lenders in the market to find you the most suitable short-term loan plan. Our FREE quoting service compares more than 40 lenders quickly and finds you a lender with the lowest rate that they are willing to lend to you today.

Rates from 45.3% APR to 1575% APR – we provide a no obligation quote, your APR will be based on your personal circumstances

Top 5 Emergency Options if You Need Cash Now

Today’s economy is a tough and unpredictable one. A lot of people would have never foreseen themselves being in a tight financial situation as they are right now. The money coming in from your job is just barely enough to cover the daily expenses and the monthly bills and when an emergency situation happens, you are just financially incapable of handling it. Out of the blue your car just won’t start, your child is rushed to the hospital, or a fire broke down in your garage. In this instance, what you need is a quick loan. Checkout some of the best ways that you can do to help you when you’re in a pinch and seriously need cash now.

Pay Day Loans

Pay Day Loans or cash advance loans, as they are sometimes referred to, are short-term, unsecured loans that allows you to borrow a small amount for a relatively high interest rate. So how does it work? Normally you are required to write a post-dated personal check with the amount that you wish to borrow and an additional fee in exchange for money. The lender keeps the check and cashes it out on the agreed date, typically on your next payday.
The good thing about Pay day loans is that they are very fast and effortless with relatively limited loan qualifications and requirements making them solid options for people who are in dire need of emergency cash but do not have credit card options. Most lenders would only require personal identification and proof of income, normally your previous payroll, and your good to go. The application just take 15-30 minutes and a lot can even be accomplished online. Borrowing amounts vary from lender to lender, but usually it ranges between £100 to £1,000.

Personal Loans

Personal loans come in both secured and unsecured form, offered by banks and other lending institutions for people who need to borrow money to cover a personal (medical), family (education, vacation), or household (extension, repairs, purchase of air conditioner, computer, refrigerator, etc.) expense but not for business or commercial purposes. For secured personal loans, an asset is normally required as a form of collateral, while unsecured personal loans or signature loans, as they are often referred to, rely on your credit-history and personal income. As a general rule, the bigger your income and the better your credit-history, the bigger the amount of money you can avail for and the easier and faster the application process becomes. Pay-offs are commonly done through fixed amount installments over a fixed period of time.

Credit Card Advances

Credit Cards provide users with the option to make a cash advance. The process is just like taking cash out from the ATM using your debit card, which means it’s extremely fast and easy. The withdrawal, however, is made from your credit limit and that means paying it back involves some form of interest rate. How much money you can withdraw through your credit card depends on its cash advance limit, which is normally lesser than the credit limit you’re given for purchases. Still, it is a good source of cash in emergency situations.

Retirement Account Loan

If you have been saving money for your retirement then you can use this as a means to make a loan to finance your emergency situation. Your 401(k) or IRA investment can be a great solution to alleviate your money woes as it generally comes with low interest rates without making an impact on your credit ratings. Just make sure that you keep your job while you’re paying off the loan, however, because generally you will have to pay back the entire loan once you decide to quit your job or it will be considered an early withdrawal. You might be cautious in using your retirement fund in dealing with an emergency expense but sometimes life happens and when you are out of options, you will just have to rely on your future investment as a backup.

Family and Friends

Finally, you can always borrow from the closest and most trusted people in your life: your family and friends. It can be an entirely awkward situation though as you will have to share your own personal financial problems to them while you are asking for their help but it is still the safest way to borrow money. But because it is not done through a professional lending institution, the repayment terms and conditions may be unclear for both parties. So everyone will feel more comfortable about the loan, you can make repayment terms and work out an interest rate that you can agree on with your family or friends.
If you are in dire need of money now, it can be quite challenging to take things slowly and consider your options carefully before making a decision. It is imperative, however, that you take your time to think through the ups and downs of every option so you will find out whether Paydayloans, personal loans, credit card advances, retirement loans, or simply borrowing money from your family and friends are the best and most manageable way for you and your current financial situation

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5 most recent personal loan reviews

Review of Totally Money

Hello, I would like to say how quick, simple and relatively easy to apply for the loan can be. The person who phoned me was very polite and any questions that I needed to ask were answered quickly and easily, they were very knowledgeable and I would recommend them to anyone. I don't think they could be better personally. And the money transfer is really fast and it was all sorted out that day.

Review posted by Stephen Hancock, Leeds

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Chirpy Loans

My partner needed a loan asap and after he was turned down by his bank for a loan and several other banks, we felt we should give Chirpy loans a try. 15 mins after filling out the application, someone called up and approved the loan within minutes. The girl was super friendly and made sure we would be able to pay the loan back. Its great that they believe in you.

Review posted by Nicola Bird, Oxford

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of My Jar

At a time I needed financial help, My Jar loans took me through everything I needed to know and bent over backwards to get the money requested to me in the shortest time, really good service. Strongly recommend them to anyone.

Review posted by Peter Middleton, Barnstaple

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All reviews have been sourced from TrustPilot.com for authentic quotes.