Get the loan you need in your account by 06:22
Representative example: If you borrow £3,250 over 36 months at a Representative rate of 49.9% APR and an annual interest rate of 41.16% (fixed), you would pay 36 instalments of £158.57. The total charge of credit will be £2,464.57 and the total amount payable will be £5,714.67
When you have bad credit, getting a short term personal can be difficult. Too many lenders either won’t extend credit to those with bad credit, or cause further damage by undertaking hard checks before extending an offer. Those few lenders who might consider those with bad credit often don’t give competitive rates,
NowLoan uses intelligent software to connect your application with an array of lenders with different lending criteria. We’ll connect you with the short term loan provider willing to lend to you from our panel with the lowest APR, we won’t do a hard credit search when retrieving your quote (although upon application the lender might).
In just a few minutes, you could find out how likely you are to get the short term loan you need with no hard credit checks done in the process!
We will conduct a soft search in order to get an idea of your history so that we can determine which lenders on our panel will accept you. Once the results are in (which is usually right away), we’ll redirect you so that you can view the deal in detail. No hard credit checks until you click ‘yes’; which means there are no nasty surprises for you or your lender!
Of course, when it comes to personal loans (short or long term) no lender will extend credit without undertaking any checks. However, by undertaking one soft search and using the results to approach lenders that we know are open to those with poor credit, Now Loan is gentle on your credit score.
Our application process is safe and easy; you can fill out our form in less time than it takes to have a cup of coffee (why not do both at once?), and you’ll get a decision in seconds. Once you review your best offer, all you need to do is decide whether it ticks all of the right boxes for you.
As we work with a number of finance providers, the time which you will have to wait before receiving any funds can vary. However, many of the lenders we work with offer same-day or next-day payment, and some will send the money to you within the hour!