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Quick Loans
Borrow a Loan From £100 – £5,000*
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Quickly Search Multiple Lenders To Find The Best Deal
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Most Loans Are Paid on the Same Day
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Apply Anytime, 24 Hours, 7 Days a Week
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Safe & Secure Online Technology
Rates from 48.1% APR to 1721% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Repayment of £89.22. The total amount repayable is £1605.96. Interest amounts to £605.96, annual interest rate of 59.97% (fixed). Representative APR: 79.5% (variable).
Note: High cost short-term credit is designed for temporary financial relief in unexpected situations and is not intended for long-term use or regular financial management.
Get A Quick Loan in the UK Today!
Are you facing an urgent financial need? At LoanBird, we specialise in providing hassle-free quick loans, particularly for those in the UK with bad credit. We understand that in times of urgency, speed is of the essence, which is why we’re dedicated to finding you the best terms without the stress of endless searching or potential impacts on your credit score.
Our unique online platform offers a free-to-use service that sets us apart. By using our platform, you can sidestep the hassle of navigating through numerous lenders and potential credit inquiries. Instead, we streamline the process by connecting you directly with our extensive panel of over 20 FCA-approved lenders.
Start your search with us today – it’s fast, convenient, and absolutely free.
What Are Quick Loans?
A quick loan is a type of short-term loan designed to provide you with fast access to funds. You could be given a quote for fast easy loans within a few minutes of submitting your application and, if you accept it, the money could be in your account within a few hours.
At LoanBird, our application process is fast and straightforward. You can use our online form to apply for a loan in a few easy steps — from the comfort of your own home! Our applications are open 24/7, meaning you could get fast loans at any time on any day.
As a broker, we have access to a panel of direct lenders who could approve you for a loan. Unlike traditional loans, there is minimal documentation involved in our application process, which helps speed up the whole process.
How Quick Loans Work
All you need to do is select how much you want to borrow and for how long. Once you’ve submitted the required information, you’ll be given a fast response within a few minutes. If successful – we’ll provide you with offers from our panel of lenders, which you can review and choose which offer to accept.
After accepting a quick loan, the lender will send the cash to your account. In most cases, the funds will be sent to your account by the next business day, although you could receive same day loans in under an hour in some cases. The exact time it takes to receive your loan depends on how busy the period is.
The loan’s terms will vary depending on the lender and your personal and financial circumstances. You could borrow anywhere from £100 to £5,000 over a period of up to 3 years. The amount you are approved to borrow and the repayment term depends on the lender’s requirements and approval.
Quick Loans for Bad Credit
Just because you have a bad credit score, doesn’t mean you can’t apply for fast loans through LoanBird. We don’t check your credit score at any point in the application process. It’s only once you’ve been referred to a lender that they will conduct a credit search on you.
Take a look at how you can improve your application and what to consider when applying for quick loans with bad credit.
Get approved — even with a bad credit score
Our panel of lenders consider applicants with all credit types. Even if you’ve been rejected for loans elsewhere, you can still apply for quick loans online at LoanBird. Our lenders will consider your personal and financial circumstances to establish how much you can borrow and comfortably repay.
Improve your chances of getting accepted
While you can get accepted for a quick loan with bad credit, you may face higher interest rates than if you had a good credit score. To help improve your chances of getting accepted for fast loans, you can make that you repay current loans on time. Try to minimise how many credit cards and loans you have, and don’t use all the available credit.
Best options for repayments
In most cases, lenders require loans to be repaid in monthly instalments. You’ll be given a monthly interest rate based on how much you’re borrowing and your financial circumstances. You need to make sure you can afford the monthly instalments before you accept the quoted loan. It’s a good idea to cut back on luxury expenses to ensure you can cover the cost of the loan repayment. If you think you might miss a repayment, you should contact your lender as soon as possible. They can help you come up with a plan to help get you back on track.
In some cases, you may be able to repay your loan early. However, your lender may require you to pay an early repayment fee. You should contact your lender directly if you wish to repay your loan early.
How Much Can I Borrow?
The loan amount you are offered will depend on your personal and financial circumstances, as well as the lender’s requirements. You can borrow a loan of £100 to £5,000 over a period of up to 3 years. You can specify how much you wish to borrow and for how long in your online application.
The interest rate will depend on how much you borrow. For example, if you borrow a £1,000 loan, you’ll likely pay a higher monthly interest rate than if you borrow a £200 loan.
Making Quick Loans Easy
While applying for loans can seem overwhelming, our quick loans application process makes things as simple as possible. You can apply for fast loans in the comfort of your own home in a few quick clicks. There are no hidden fees, and most quick loans are paid on the same day that you apply.
Our lenders offer various different types of quick loans online through LoanBird. Along with bad credit loans, our panel of lenders also offer emergency loans and short term loans that can be repaid over just a few months.
Eligibility Requirements
To be eligible for quick loans, you need to meet the following eligibility requirements:
- Be at least 18 years old
- Have a permanent residence in the UK
- Have an active UK bank account
- Be employed and have a regular income
- Be able to afford monthly repayments
Make sure that you meet these requirements before you complete a quick loans online application. Some lenders may require additional information from you to progress with your application.
What Are the Benefits of Quick Loans
Our quick loans are designed to give you fast access to funds when you need them most. Unlike other types of loans, there isn’t countless documents to fill in to apply. You can complete your quick loans online application in a matter of minutes and potentially have the money in your account within the same day or on the next business day.
Our quick loans online application is simple to understand, with a clear layout and straightforward questions. You can easily fill in the required information, without any need to read through reels of pages.
Unlike some other brokers, we work with lenders that offer quick loans with bad credit. You can apply for quick loans through LoanBird, even if you have been rejected for loans elsewhere. Our lenders consider applicants of all credit types and may accept your application, even if you have a less than perfect credit score. You can also find alternatives to guarantor loans that don’t require you to have a guarantor, even if you have a poor credit history.
Our lenders offer loans of various amounts and flexible repayment terms. You can borrow however much you need and repay it in instalments that suit your financial situation.
What are the Risks and Considerations
While quick loans in the UK can give you fast access to cash, there are various factors that you need to consider. Quick loans are short-term, which means they tend to have higher interest rates than other types of loans. The short-term nature of our quick loans in the UK also mean that you have less time to repay the funds (up to three years).
It’s important that you only apply for loans if you know you can make the repayments each month. If you think you may struggle making the repayments, you should look for alternative funding to avoid falling into a cycle of debt.
If you think that you may struggle to make your next loan repayment, you need to reach out to your lender as soon as possible. Late repayments can incur late fees and penalties.
How to Apply for Bad Credit Quick Loans
Just click on the ‘Apply Now’ button and fill out the required information on our quick loans’ online application form. You’ll be asked to provide personal and financial information about yourself, such as your address, income, regular outgoing expenses and contact details.
Quick Loan FAQs
You can apply for quick loans in the UK if you are over the age of 18, a UK resident and are employed. You should also have a valid UK bank account.
Fast loans give you access to cash that can be used to cover bills and urgent expenses. From paying for an extension to covering car repairs, quick loans in the UK can be used for a variety of purposes.
You can apply for quick loans with bad credit through LoanBird. Our panel of lenders consider applicants with all credit types, so you could be approved for a loan, even if you have a poor credit score.
You need to contact your lender if you don’t think you can make your next loan repayment. They will work with you to find a solution and get you back on track with your repayments. If you miss your loan repayments, you may face late fees and penalties. Your credit score may also be affected.
While our lenders do offer quick loans with bad credit, you can improve your chances of getting a loan by improving your credit score. Make sure to pay your debts on time and try to minimise how many loans you have at once. It’s also helpful to reduce how many credit cards you have.
We work with a panel of lenders to help you get the right loan for you. Our team can help match you with the best loan based on your personal & financial information. We don’t charge hidden fees and we’re on hand to help you through the whole process.