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Apply to Borrow form 100 to 25,0000*

Get the funds you need fast without hassle. If you need cash assistance that is simple, quick, and reliable, we have it right here! Don't settle for less. Borrow for up to £25,000.

  • Apply for 50-1,000
  • Fast Payout
  • No Fees
  • Secure Application
  • Available 24/7
  • Bad Credit

Personal Loans

  • Instant Decision
  • 60-Second Application Form
  • from 1000 to 25,000
  • Rates From 5.7% APR to 278% APR
  • 3-36 month repayment

Short-Term Loans

  • Online decision
  • Responsible lenders
  • Apply to borrow up to £3000
  • Rates From 278% APR – 1576% APR
  • 3-12 month repayment
How it works
We make loaning easy and fast

Apply online

Whether you're at home, office, or stranded on someplace, you can easily apply for a loan. Using our online platform, you can apply anywhere. You can have the funds you need in just a few clicks.

Select Loan Amount

You can select the amount that you need, exactly what you needed. We offer a range of options that you can choose from. And the best part is, you can have it as fast as two minutes.

Provide Details

The application process is so simple. Just complete an online form and provide your information. Make sure to include your proof of income and employment verification for your loan qualification.

Process Loan

Once you have completed the application process, you can sit back, relax, and watch the funds deposited directly to your account.

Loans That Can Help During Emergencies

Being unemployed can mean you are financially challenged to begin with. This is why you might come to a point where you need to pay for something that you might not have enough cash for. In cases like these, the most practical thing to do is to source more funds through a loan.

However, getting approved for one can be a challenge. Most lenders would be reluctant to lend you money when you cannot show them that you are getting a regular income every month. This can, after all, pose issues on how you can cover the loan repayments. Lenders will want to know that you will at least have to means to pay back whatever you want to borrow. That being said, while limited, there will be options available for you.

Loans for the unemployed

While some lenders can offer you loan options even when you are unemployed, you are likely going to need to show proof that you can afford the loan you are applying for. You will need some form of income or assets that are earning income to repay the credit. Lenders will usually require access to your bank history and other financial documents to verify affordability of the loan. They would be happier to lend you money to if you can offer a guarantor or put forward an asset to secure the loans

Loan eligibility requirements

Loan requirements vary from lender to lender as well as how much you want to borrow. However, some of the most basic things you need to meet include being over 18 years old and not being older than 75. You’re also required to be a resident of the UK and to have an active UK bank account.

While being employed is not necessary at all times, there may be a need for you to have a regular income in order to apply for a loan. Whether it is an investment income or welfare payments, make sure to include these in the application form.

While your credit history does not have to be spotless, there are certain entries in there that might prove to be detrimental to your application. Lenders can usually forgive a few hits here and there but know that this can readily affect the deals you will get when granted a loan. Negative entries to your credit rating would mean higher interest rates and lower loanable amount.

Getting a guarantor can increase your chances of getting approved for a loan. This also one way for you to get a good loan deal and better rates despite the fact that you’re unemployed and your credit score is less than stellar. 

Even when unemployed, lenders will still consider you. But being approved on the other hand is a different story. These are some of the criteria on which lenders will look at.

  • Credit Score – Having a good credit is definitely a plus, and can definitely help you in this situation.

  • Credit History – Lenders may want to know if you pay your bills on time, and also if you have any negative items in the past.

  • Regular Income – The most important thing to lenders is getting paid, so if you’re unemployed but have different sources of income, you might just be able to get a loan.

  • Your assets – If you have a car, home equity, or a boat. Anything with monetary value that you can offer as a collateral.

Important things to consider when applying for a loan.

  • You need to have the means to repay the loan – When looking for a small amount to borrow, which you can manage to repay without being employed, then you might have a chance. But when looking for a huge amount without any other source of income, you’ll likely get denied.

  • Need to meet other requirements – If you have an existing loan that still needs paying, lenders would probably disregard your application. Especially If you’re bankrupt, it would take a miracle for your loan to get approved. Lenders may be flexible with their terms, but not with their requirements.

Are there any other loans that are available for the unemployed?

  • Microfinance providers – If you’re unemployed, lack the collateral, employment, and a credit history but have different set of skills; say, manufacturing, agriculture, sales etc. Then a microcredit loan would be an option, which is designed to help you start a business.

  • Getting a co-signer, guarantor, or joint applications – Find a lender who offers a joint application. You can look for someone who qualifies for the loan and apply with him/her. A co-signer will have the same responsibility as you, so make sure that he/she is ready for the risk.