Online Loans With Loanload
Getting you the very best doorstep loan rates on the market.
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.
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% (variable)
Loanload is a licensed credit broker and not a lender.
Warning: Late repayment can cause you serious money problems. For help, go to moneyadvice.org.uk
The Best Payday Loans: No Credit Check, Direct Lender
Banks are the original definition of a direct lender so it’s no surprise when a lot of people will automatically think of them when they consider taking a direct loan. Following the recent financial crisis, however, banks have slowly shifted their activities away from direct lending. While it is still possible to obtain a personal loan from a bank, you will normally have to undergo a genuinely stringent application process, strict credit checks, and a lengthy wait for an approval decision making it a not so ideal credit option for your urgent financial needs. But if you can’t turn to banks and other forms of traditional financing, you can always rely on payday loans and get instant cash with very easy application processes.
The Need for Payday Loans
Payday loans are great credit options to consider when you have a bad credit because they offer an instant solution to urgent expenses such as utility bills, home improvements, auto repairs, medical bills, or even when you just need the money to take your through your next paycheck. No matter how responsible we are with our finances, there are just times where we need a quick infusion of cash to address unexpected expenditures. With that being said, payday loan lenders understand that traditional financing is not only time-consuming but also extremely difficult to avail especially for the average borrower. Lender’s therefore, have designed hassle-free and quick application for payday loans that can be availed with very minimal requirements.
Ideal Alternatives to Bank Loans for Emergency Situations
If you are facing an urgent financial need, Banks may not be the ideal solution you are looking for, considering the relatively lengthy approval time, strict eligibility evaluations, and tons of paperwork and documentations. By the time you receive a decision from your bank, which would take a lot of days and in some occasions more than a week, on whether or not you are eligible for a loan, it may just be too late to deal with that urgent expense.
Payday loans on the other hand, would take just a day or two to accomplish. Some lenders even provide payday services that can be completed in just a day, starting from your application process until you receive the money in your bank account. The easy application process and almost instant payout makes these loans the ideal alternatives for emergency situations.
Advantages of Direct Lender Online
When you deal with a direct lender, it means that you are doing it without the presence of a broker. Thus, any and all transactions that transpire is only between you and your lender. There are many advantages that come along in making a payday loan agreement with a direct lender and some of them include:
Secure Application – Applications, even those that are done online, are not only quick and easy but are also safe. They are processed through a secure platform that guarantees any and all information being passed from you and your lender are kept 100% private.
No Credit Check – No credit checks in your application guarantees that your request for a loan will almost always be approved. As long as you meet the other requirements such as being at least 18 years of age, having an active checking account, and possessing a stable income, taking out a payday loan will prove almost automatic.
No faxing of documents – Faxless payday loan services simply means that there is zero paperwork involved in your application. You don’t have to waste your valuable time in sending documents through fax.
Direct deposit of cash – Once your application gets approved, the lender will instantly send the money that you availed for into your authorized bank account within 24 hours. With payday loans, you will enjoy the money that you need in the same day that you made your application.
Choosing the Best Direct Payday Loan Lender
The best direct lender is the one that provides it borrowers with instant payday loans without charging excessive fees. If you spend enough time looking for the best lender in the market, you will surely find a good amount of lenders that offer very minimal costs without sacrificing quality in its services. These lenders are fully aware that their applicants are going through a difficult time but would not take advantage of their vulnerability by putting a hefty price in their services. If you do your home work, you will surely find these lenders and take a payday loan deal that is not only affordable but also effective in solving your financial needs.