Online Loans

Our lending amounts:  £100 – £25,000

Borrowing periods:  up to 5 years

We supply a national online loans service

Bad Credit Loans

Guarantor Loans

Short Term Loans

Personal Loans

What to expect from an online loans experience

Why Should I Choose an Unsecured Online Loan?

There are so many types of unsecured loans and credit available online. Unsecured loans do not require the customer to use an asset (e.g. Car/House) to secure the loan. We only deal with unsecured online loans, so there’s no need to risk losing any assets that you have invested so much time and money into.

  • Building your credit – As long as you stick to your monthly direct debits and repayments, an unsecured loan can be a major positive on your credit score.
  • Home improvements – You have finally secured the purchase of your abode and it is in desperate need of a face lift. These loans can provide a short-term solution for those interior or exterior improvements.
  • Guarantors – You don’t need to have a guarantor against an unsecured loan, however, if your credit score is below average, one may be required. Most lenders provide this as an option to help you with the loan you want.
  • Weddings – A day which is very important in our lives and let’s not forget, costly. The day needs to be perfect and memorable, and an unsecured loan can offer some support through that ever-growing bill.
  • No assets to secure lending – Personal and short-term payday loans mainly work on affordability. So as long your monthly income stays healthy this acts as security to the lenders, so you don’t have the worry of needing to secure an asset against the loan.

Unsecured Loans with Loanbird

This is probably the most popular loan option out there; they’re commonly used around the globe. We give you free ride on our service, offering a variety of unsecured online loans designed to provide the best possible options.

Why Do You Only Offer Loans Online?

We’ve been involved in the online financial sector since early 2015. We specifically chose to provide online loans to the UK as we believe it’s the most time effective business model. Online borrowing gives you a variation of loans at your own leisure, at any time. We only work online as its a much more efficient and convenient way of lending to customers.

Are Online Loans Easy to Get Accepted For? 

In the financial lending industry, your credit rating is your CV to the lender.

In the same way, an employer will assess a CV, a lender will assess your credit rating. This can often be a tireless search process before you find a lender that will offer you the loan you want.

We supply you with a free and immediate access to all our lenders. This gives you more options even if you’re struggling with your credit score.

Why choose online loans?

Have you overspent on your monthly financial income or have too many outgoings? There are many situations where everyday occurrences demand instant financial attention.

Customers who require online loans will expect the money as quickly and effectively as possible. That’s why we are passionate about providing the best possible journey for every customer with immediate helpful options. Please be assured that our loan terms are always transparent and we won’t have you waiting around for an answer.

LoanBird always aims to deliver a decision in minutes.

What Should I Check Before I Apply?

You can opt for a loan to cover various needs, from a holiday to purchasing a car. There are a variety of loans online each suited to different needs and circumstances. Understanding what loan is right for you and how it works is the first step to borrowing responsibly.

Loans are financial contracts to which the lender agrees to provide the consumer with a particular value of money. The money is to be paid back monthly over a set period of time. There’s always a set amount of interest on your repayments which you need to be mindful of. The terms and conditions of a loan will differ from lender to lender.

Do your homework

When you’re applying for a loan you should always ensure you know how much you want to borrow. It is always important to understand what your affordability when entertaining a repayment system. Also, never use a loan associated company who charges upfront fees for their service.

Change of heart

You always have a cooling off period with any lender. A cooling off period gives you the option to change your mind if need be. Please see your lenders terms and conditions for further information.

A Cooling off period is usually a minimum of 14 days.

It is essential that anyone taking out a loan online is well informed and experiences a process of complete transparency. All of our lenders are fully FCA authorised in order to provide online loans. They all take conscious part in treating the customer fairly at all times.


Why Are Payday Loans Online So Popular?

We’ve talked a lot about convenience, and that’s why really. Also, as they are the smallest type of online loans available lenders are quick to give these loans out. The majority of people that apply for a payday loans online put them to use for unexpected eventualities, usually for bills that have to be paid instantly.

The term ‘payday loan’ was put together to bracket a type of short-term lending, which can offer financial support until the next payday.

The history behind payday Loans

Short-term lending has been around for many years, traces of this lending option dates all the way back to the late 1800’s. This worked in the way that workers would take out loans before their payday.

Before today’s banking, having access to overdrafts was limited, so a smaller loan was sometimes needed to pay bills.

Today, the payday loan market is more diverse with many other lending options such as pawnbrokers, online loans and commercial lending. Pawnbrokers have become increasingly popular over the years with many individuals using personal items as collateral for the loan. Online UK lending figures are on the rise with around 10 million payday loans taken out each year.

Payday loans are usually borrowed for a maximum of 30 days. This normally means the customer uses this loan option until the end of the month or ‘payday’.


Need a guarantor for your online loan?

You have probably heard of amigo loans, well they switched their sole focus from payday to guarantor loans online a few years back. As a business decision it was a wise one.

As long as the guarantor is eligible they will be able to act on behalf of the individual in need of the loan. The guarantor effectively provides a plan B for the lender in case the borrower can’t repay the loan.

Lenders usually won’t need to contact the guarantor as long as the borrower keeps up with each monthly repayment. The only time the guarantor will be contacted is if the loan falls into a state of arrears. A guarantor will always share responsibility with the borrower on the full repayment of the loan.

If you want to read more, check out our article on guarantor loans. Or if you want to apply with a guarantor lender online, just fill in our application form – we work with most of them!

How Instant Is Same Day Cash?

Most of us have expectations when being provided with a service. The efficiency of any service plays a key part in the conclusion of our satisfaction rating. For example, if you are eating in a restaurant you would expect the food quickly, nobody likes waiting around.

With LoanBird, you can apply swiftly for any type of our online loans. Having a high success rate with our loan applications explains how we normally get the funds to you on the same day. In most cases, we have delivered funds to our customers in minutes from the lender’s application acceptance.

Our application and search process is one of the quickest in the country, finding more than eight out of ten applicants a loan.

Any unsuccessful applicants will still be notified on the same day of application. If we cannot provide you with one of our online loans, we may advise other options to assist you in your search.

Be aware of certain online loan companies

How transparent are online loans?

When we dived into the online loans market, we wanted our customers to be impressed with our service. Most of us have a neighbourly friend to go to whose door is always open. It’s very welcoming, and you feel like can always pop round for a chat whenever you like.

Think of us as your friendly neighbour, we are always interested in what you have to say.

If you need help, we are only a quick tap of the keyboard away. We at Loan Bird uphold honesty and transparency as we want all customers to feel reassured in our service. The door is always open.

We would like to think that our product descriptions offer detailed information on all the online loans we provide. However, we do understand that our customers may have further questions. Our dedicated team will answer any questions and queries you may have, and they will always try to get back to you as quickly as possible.

Unlike some competitors Loan Bird wants all customers to know that they are dealing with a real person. Certain companies may send automated replies with nothing to follow. Our team strive to do their best with all questions effectively and efficiently. We will endeavour to follow up any on-going queries until you are satisfied.

You can click the contact us tab at the top of any page to ask us anything.

Transparency with online loans

Brokers and direct lenders online

Please be aware that some companies will look to charge you hidden fees. Make sure you’re aware of this before you use any online loans services.

If you don’t already know, our service is free! With us, you are safe from hidden charges or service fees. Once you apply with all the full terms will be presented to you (the cost of the loan and interest repayments etc.).

It will be clear to you how much you need to pay back and when you need to pay it. We strongly advise you study all the terms of your loan so you understand them. If you apply for a loan which you cannot afford and end up missing repayments, this could lead to further costs.

Note: Make sure you can afford the loan you want before you apply.

We believe highly in responsible lending, and offer you the variation of all our online loans so you have the choice to help suit affordability. Try out our service to see if we can assist any long term or short term finances.

quick and easy online loans

personal loans solo bird

Understanding Interest Rates and APR Online

Interest Rates Explained

Sometimes interest rates can be difficult to understand, especially when you are searching various amounts/rates for different online loans. The interest rate for any loan will tell the customer the exact amount of interest they pay over the time chosen.

Interest works as a percentage of the loan and rates can be calculated differently. This depends on the individual’s circumstances and also the terms of each loan. Rates will either be calculated daily, monthly or annually depending on the type of loan and how long it is borrowed for.

You repay the full amount of what is borrowed plus the interest.

Payday example

£300 borrowed at 4% interest for a week, you would pay back £312 at the end of the week.

Calculation example

(4% (Interest rate) x 300 (loan amount) = 12)

(£300 (Loan amount) + £12 (Interest rate) = Repayment of £312.00)

Compound Interest

Interest can also be calculated as compound interest (usually occurs when borrowing over a longer time period). This works in the way that interest will be calculated with the original loan amount, plus any interest added on.

Annual example

Suppose you had a 5% annual interest rate (over 3 years) on a £400 loan, this would work like so:

After year one you would owe: £420 5% of £400 loan is £20, added to the original loan of £400 (£20 + £400  = £420.00)

Then year two you would owe: £441 5% of £420 owed is £21, added to the owed amount of £420 (£21 + £420 = £441.00)

Finally year three you would owe: £463.05 5% of £441 owed is £22.05, added to the owed amount of £441 (£22.05 + £441.00 = £463.05)

The total amount charged by compound interest is: £63.05

Note: The above example has been simplified for easy reading. Different loan terms can involve far more complicated calculations.

What is APR?

This stands for Annual Percentage Rate. The APR works out the interest on the loan alongside any other potential charges e.g. arrangement fees. All loan providers should tell you their APR rate before you agree to any terms or a contract. However, this can vary from lender to lender depending on the terms and circumstances.

As it includes potential charges this means the APR can be a little confusing at times. It could be that the interest rate is 12% per annum, but the APR is 14%, due to the addition of charges this adds another 2% interest.

The representative APR provided by any lender should be an illustrative example of the offer supplied for most customers. It should take into consideration any fees, charges or additional costs related to the loan. A representative APR must also compute the compound interest so it offers a more practical value example of cost when borrowing.

APR Example

Example: you apply for a payday loan at £500, and you pay an interest fee of £50. The loan needs to be repaid within 14 days. Let’s work out the APR:

  • 1: Divide the interest by the loan amount
  • 2: Multiply the result by 365 (How many days in a year)
  • 3: Divide that result by the whole term of the loan
  • 4: Multiply the result by 100

Let’s include the figures to solve the example above:

  • £50 divided by £500 = 0.1
  • 0.1 multiplied by 365 = 36.5
  • 36.5 divided by 14 equals 2.6071 (this is your APR in decimal format)
  • 2.6071 multiplied by 100 = 260.71% APR

Why customers choose our online loans

Flexible Borrowing terms

We have many options to offer, for all types of circumstances.

Online loans Only

Quick service and response time.

Our service is free

No hidden charges with us.

No Cold calling

We work online only, so no need for us to contact you.

same day deposits

Our customers love how quick the service is.

No credit checks from us

No notes on your credit file.

Representative APR: 279.5% | Representative Example: Loan Amount: £300 | Borrowed for 60 days | Total Repayment: £420.82 in 2 monthly installments of £210.41 | Interest Charged: £120.82, interest rate 120.8% pa (Variable).

Our website is completely free for you to use, but we may receive a commission or fee from some of the companies we feature or introduce you too. is a registered Trading Name of RJW Assist LTD. RJW Assist LTD is registered in England and Wales (Company number: 09470548). Registered Address: Brook House, 40 Cuthbert Road, Stockport, Manchester, SK8 2DT. Licenced by the Information Commissioners Office: registration number: ZA436430. RJW Assist LTD is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under the reference number: 788094. We are a licenced credit broker, not a lender. does not provide any loan or consumer credit products directly.

Timescales on receiving your funds may vary from lender to lender and depends if your bank accepts faster payments. The loan amount and interest rate offered is subject to the lender’s requirements and approval.

Warning: Late repayment can cause serious money problems. For help, visit