Online Loans With Loanload

We are an Introducer Appointed Representative of Quint Group Limited, who are a credit broker not a lender. LoanLoad Introduces customers to Monevo Ltd who are an Appointed Representative of Quint Group Ltd. for the purposes of obtaining a loan. LoanLoad does not provide any loan or consumer credit products directly.

How much?

Representative 305.9% APR. Representative example: £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% pa (variable)

Why People Choose Us

You might be surprised to hear just how easy it is to apply for a short term or personal loan. Furthermore, you don’t even have to leave your chair to apply for it. Instead, you just simply fill out our very short form and if you are accepted by a lender you’ll get your loan by the next day.

The different desperate loans in the UK and the unique advantages that you can enjoy with them

If you are suddenly caught up in a tough financial situation and your credit score is not good enough to qualify for a loan from a bank or any other traditional lender, what do you do next? You may choose to run to your family and friends for help but if you don’t want to drag them into your financial problems, there are still ways in which you can get the funding that you need without much stress and delay and they come in the form of desperate loans. These financial products will put some much needed funds in your pocket without literally breaking a sweat since you can find plenty of lenders offering the loans online with quick and seamless application processes.

But before you head out and start looking for desperate loans on the internet, it’s very important to know what the available options are and their unique features and advantages as well. This will help you determine whether or not the loans are indeed ideal to your needs and present circumstances. And if they are, you will also know which desperate loan option will work best for you.

Desperate Loans with a guarantor

Desperate loans with a guarantor will require another person, typically a family member, who will co-sign the loan deal and agree to cover any repayment that the borrower fails to make. The loans are ideal options to consider if your bank has denied you of the funding that you need because of you either have no credit history or have a bad credit score.

This is because instead of focusing on your credit score, lenders providing desperate loans with a guarantor will look at two main points:

  1. Whether your income and monthly earnings are enough to afford the loan and its repayments
  2. And whether you have someone who is close to you who is willing to enter into a loan agreement and guarantees its repayments if you are unable to.

Why opt for desperate loans with a guarantor

One of the best reasons why you would want to opt with desperate loans with a guarantor is that it can be easily availed for as long as you can afford the repayments and have someone to back up your loan deal and act as a guarantor. Second, you can borrow at cheaper rates, and larger loan amounts, for flexible payment terms that would otherwise be unavailable to you if you have a poor or inadequate credit history. Aside from these, the financial products also allow you to enjoy numerous advantages such as:

  • Same day payouts. There are plenty of specialist lenders online that provide same day funding to any borrower in the UK as long as they are qualified.
  • Credit rating is not an issue. You can be considered for a desperate loan with a guarantor even if you have CCJs or defaults as long as you meet the lender’s eligibility criteria.
  • Rebuild your credit history. Simply keep up with your loan’s repayments on time and it will paint a positive picture in your credit history. With a new and better credit status, you can avail of more loan options with even larger amounts and better rates and terms in the future.
  • Flexible repayments. There are lenders who will allow you to pay off your loan in advance and enjoy potential savings for interest rate payments without any penalty or extra charge.
  • Affordable Repayments. The repayments for desperate loans without a guarantor are competitive compared to different types of loans in the UK.
  • Any Purpose Loans. You can apply for the loan to purchase a new car, finance a wedding, consolidate debts, improve your home, and virtually anything you want as long as it’s used legally.

Desperate loans with a guarantor normally allow you to borrow anywhere from £1,000 and up to £15,000 depending on your needs and affordability and pay it back over a period in which you can afford between 1 year and up to 5 years.

Desperate Loans without a guarantor

Desperate loans without a guarantor allow borrowers who are in dire need of quick and reliable funding to apply straight to the lender without the need for a guarantor to become approved. This means that you will be the only one applying to the lender and that the approval will depend on your personal credit situation and affordability. Once your application becomes a success, the money will go straight into your bank account with no other individuals involved. Some of the popular desperate loans without a guarantor option you can find in the UK today include:

  1. Payday loans
  2. Logbook loans
  3. Peer to peer loans
  4. Bad Credit loans
  5. personal/unsecured loans
  6. Secured Loans

Payday Loans

Payday loans allow you to borrow small amounts of cash anywhere from £100 to £1,000 with a duration period that will last until your payday or when you receive your next paycheck from your company or employer. The type of desperate loan without a guarantor is designed to meet immediate cash flow needs and shortages. Perhaps you have an emergency expense that you need to deal with such as a broken car or washing machine or an unforeseen bill that will be due in the coming days but you currently don’t have enough money left in your account? With payday loans, you can receive the money that you availed for within one hour of applying and in one lump sum, so you can cover those emergency expenses right away.

Logbook Loans

The kind of desperate loan without a guarantor allows you to borrow large amounts of cash between £500 to £50,000 that is secured on your vehicles such as your car, van or motorbike. The loans are also highly accessible with plenty of lenders from the high-street and online ready to cater your need for funding as long as you have a vehicle that you can comfortably offer as security to your credit agreement. And the best thing about this loans is that you don’t need to surrender your actual vehicle itself but only it’s V5 or logbook documents. This means that you can continue using your vehicle as long as you keep up with your repayments.

Peer to Peer Loans

The loans involve private individuals in the UK who lend you money with an amount and interest rate based on your creditworthiness. If you have an outstanding credit history, you can borrow up to £15,000 with very favourable interest rates and payment terms. The funds are normally provided by other members of the UK public who are usually investors who see your interest rate payments as viable returns to their investments. If you have bad credit, you can still get approved but with higher rates to compensate the risk involved in your credit status.

Personal Loans

Personal loans or unsecured loans provide long term borrowing for large amounts. Normally, you can take out as much as £25,000 worth of personal loans that you can pay back for over 5 years in the UK toad. The APR per year can be just a few percent e.g 2%, 3% or 4%. In the past, the loans were normally offered by banks and other mainstream lenders. Today, however, there are now plenty of online lenders that provide quick and efficient application processes for personal loans designed to help people in emergency financial situations. With these lenders, you can easily receive an instant approval decision on your application and receive the money that you requested for in 1-2 days.

Desperate Loans for bad credit

The truth is, it will require you some time before you fully recover from a bad credit score and ironically, you will need to take out more loans to rebuild your credit back to favourable standings. But how are you going to accomplish this when banks and other traditional lenders will instantly shy away in the first instance they glance at your credit history in your loan application? The solution, desperate loans for bad credit.

The loans are designed specifically to help people with bad credit but need reliable funding right away because they are caught up in an emergency financial situation. Most of the loans are offered by specialist lenders online which means that you will enjoy several unique advantages that are simply absent from banks and other traditional lenders such as:

  1. No need stress about your credit history – This could be the best benefit that desperate loans for bad credit can provide you. You don’t need to stress yourself about your credit report because lenders won’t bother looking at it in the first place. Instead, they will look more on your present income and finances and your ability to pay the loan on time and on the agreed terms and conditions. Traditional loans don’t consider other factors like increases in income before they turn you down. Lenders who provide desperate loans for people with bad credit are lenient and more concerned about your future.
  2. You can enjoy a very quick approval – Not only are traditional loans from banks difficult to obtain and almost impossible to access if you have bad credit, they can also take forever to get an approval. Bad credit loans can be approved almost instantly, in a few minutes or hours after you submit your application but always on the same day. The approval rates are also higher and can range from 80 and 90 percent approvals.
  3. You can begin improving your credit – One of the main reasons why you find it extremely difficult to secure a loan is because of your bad credit score. Fortunately, desperate loans for bad credit can provide you with the opportunity to start making positive marks on your credit report. If you manage to make timely payments, it can help improve your score and help provide you with a chance to build a stronger financial standing.
  4. You can borrow large amounts of money – Another great benefit in obtaining desperate loans for bad credit is that you can get a larger amount of money in a shorter period of time. However, bear in mind that if you choose to borrow larger amounts, you will naturally pay higher interest rate costs as well.
  5. You can enjoy convenient funding 24/7 – Because the loans are normally offered online, you can enjoy convenient access to funding through your smartphone, laptop, or tablet as long as you are connected to the internet. And since your application will be catered by a website instead of a physical office that has human employees and opening and closing hours, you can access funding in any given time of the day and any day of the year.

Online desperate loans for bad credit

There are plenty of online lenders in the UK who provide desperate loans for people with bad credit. The approval process is quick and easy as long as you have:

  • A steady income from a job or business that can be verified through payslips and bank statements.
  • An active bank account that can receive the loan amount
  • Some assets that you can comfortably offer as collateral (in the case of secured loans for bad credit)

To obtain the loans, you will need to fill out an online application form that will ask some basic information about yourself, work and bank details. Once they are verified, the lender will instantly approve your loan and transfer the money to your bank account without delay.

Desperate Loans from Direct Lenders

For many people in the UK who find themselves in urgent need of funding but can’t turn to traditional lenders for help because of their credit situation, desperate loans from direct lenders are the best possible options. Because unlike banks, direct lenders that provide desperate loans will not make you wait for weeks for a response on whether or not your application has been approved. These lenders understand that when you’re in a financial emergency, time is of the essence and waiting for weeks for a decision is simply out of the table. That’s why direct lenders offering desperate loans will process your application within 24 hours. And through their advanced risk-based underwriting system, they can approve numerous borrowers that have been turned down by banks while minimizing default rates.

Desperate Loans in the UK and Desperate Loans with Instant Funding

Desperate loans in the UK and desperate loans with instant funding are designed to offer emergency funding to those in need regardless of credit or financial situation. A desperate loan with instating funding can be used for any legal purpose and accepted and use without direct documentation or verification. They are also very easy to get approved for and most people are funded in the same day or an hour after their application was accepted by the lender. Desperate loans in the UK and desperate loans with instant funding are also:

  • Loans designed for people who are in desperate need of funding. They can be approved with no employment verification and no income verification. This means that even those who are self-employed and unemployed who are living under pensions, grants, and benefits can get approved.
  • The financial products can provide financial assistance to different people from all walks of life in the UK; not just those who have high income and stellar credit rating. People with bad credit rating and those who have been bankrupt in the past are welcome to apply.
  • Lenders providing the loans understand that any person can encounter financial problems and unforeseen expenses from time to time and they will consider these factors when evaluating your application. You can even talk to your lender personally so they will better understand your current situation and can tailor a loan deal that is better suited to you and your needs.
  • Lenders offering desperate loans with instant funding know that you may need your money right away that’s why they provide instant approval online without delay. This means that there is no need to fax, fall in long lines, make appointments beforehand, or provide hectic documentations. What you get is a simple loan that will help you through a financial hardship without much delay.

Payments from desperate loans in the UK and desperate loans with instant funding can differ from the kind of option that you choose, your eligibility, and the lender providing it. However, the financial products offer instant financial relief and flexible terms. Mostly, you can get approved for the loan term that you find is most suitable to your needs and present circumstances. For lower amounts, you may only need 3 months and 3 years for larger loans with bigger payments.  Such flexible monthly loan payment terms are designed to ensure that your payments are comfortable with your budget and that the chances of late payments are minimal.

Warning: Late repayment can cause you serious money problems. For help, go to MoneyAdviceService.org.uk
Short Term Representative 305.9% APR