£1000 Loans

Facing cash problems?

It’s not at all uncommon to suddenly find yourself in financial hot waters.

This is especially true if you are a regular, working professional who carefully manages to run the whole show from one month to the next. It takes just one extra expense or an unforeseen emergency situations to drain your savings and leave you wondering where the cash is going to come from until your next paycheque arrives.

Grave situations like medical emergencies or routine, commonplace problems like a broken-down car can trigger such cash crunches, and if you find yourself stuck in the middle of one, an instant payday loan can be of great help to you.

Very Merry Loans – Apply for immediate cash loans up to £2,000

Very Merry Loans is a regulated, free credit broker registered with the FCA. All you have to do is submit a properly detailed application to us online and we will help you find a suitable payday lender instantly. We can help you get up to £2,000.

This is how it all works:

• Submitting an application

To get 1000 pound loans (or less), you have to submit an online application, details of which can be found here.

• Processing and review

Once we receive your application, we make sure that everything is in place. If not, we will contact you to provide the missing details. As soon as the application is ready, we send it ahead to responsible and registered payday lenders scattered across the country.

• Lender’s assessment

These lenders then assess your application for feasibility. This usually involves soft credit checks (or no credit checks at all) and income review. Lenders who are interested in lending to you will then contact you with respective offers.

Very Merry Loans has a very high loan acceptance rate as we usually contact on your behalf the lenders who are most likely to lend to you.

• You get to pick and choose

As you receive offers from various lenders, you get to choose the one that you think is the best for you. You can compare various charges involved and interest rates offered by lenders to make an informed decision.

• You review the contract

Upon finalizing a particular lender, you will be presented with a loan agreement by them. You can read carefully and review this agreement. When the agreement is signed upon electronically by you, the loan will be granted to you.

The entire exercise, up to this point, may take no more than a handful of minutes.

• Money is credited

Lender will then electronically transfer the loan amount immediately to your bank account.

Transfer of money is usually carried out on the same day, in about half an hour. Transfer lengths may vary according to the lender’s policy.

This is what works for payday loans

• They are easy to get by simply applying online.
• They are easy to pay back if you are regularly employed.
• You can get a payday loan in spite of bad credit.
• You can use the money instantly.

What you need to know before you apply

Before you apply for a 1000 pound loan here at Very Merry Loans, it’s important to realise a few things.

• Make sure you are eligible

To be eligible for a 1000 pound loan, you need to be an adult and legal UK resident. You will also need to have a UK bank account.

• Make sure that you are aware of the costs involved

Banks lend at standard interest rates that vary from 9 to 15%, while credit card companies offer credit at an interest rate that hovers around 18%. However, payday loans are more expensive in that they carry higher interest rates.

If you wish to get a reasonably good idea of how much you will be required to pay back, you can simply head to our home page and use the interest calculator available there.

• Make sure you are able to pay the loan back

It’s always important to ensure that you are able to pay back the loan you are about to take. This applies for all the loans and borrowings of all sorts, more so for payday loans as they are more expensive and interest can accumulate really fast.

• Make sure that you have exhausted alternate options

It’s often easier to borrow small cash from friends or family. Also, bank facilities like overdraft or cash advance against your salary from the employer can be quite useful. It’s only after you have exhausted these options that you should think about applying for a payday loan.