Payday Loans In Nottingham

Traditionally, taking out loans in Nottingham used to be a long and laboured process which is far from ideal if you need funds quickly to overcome an unforeseen crisis.

Fortunately, gone are the days of having to wait weeks for a loan to be approved! At Very Merry Loans, we can help you to compare mainstream and independent lenders from Nottingham and across the UK in a matter of minutes.

Let's take a look at the types of loan offered by our extensive panel of direct lenders.

What Loans Are Available From Very Merry Loans?

As a broker, we have access to a wide range of loans that can be tailored to suit a diverse spread of circumstances. We understand that there's no 'one size fits all' loan which is why our comparisons include a number of lenders rather than just one or two.

Short term loans can be an ideal solution for those instances when you're caught short for cash. They shouldn't be used as a long term fix, but they can be great if you only need funds for a few weeks or months rather than years.

Payday loans are a type of short term loan whereby the amount borrowed is repaid on your upcoming paydays. Although the interest rates are high, the short term nature of these loans means that the accrued interest is minimal.

No matter what Nottingham loan you apply for, you'll need to fulfil at least some basic eligibility criteria, including:

• Being at least 18 years of age
• Being a permanent UK resident
• Having a UK bank account with an associated debit card

You may also need to have a mobile phone or asset to use as collateral, but this will depend on the lender that you choose.

Can I Apply With Bad Credit?

Yes! Bad credit loans are a big part of the UK's lending industry. We work with a number of lenders who specialise in this area of the market, so whether you've been refused elsewhere, have CCJs or a less than perfect credit score, our lending panel may still be able to help.

How Do I Apply For Loans In Nottingham?

It all starts by completing an initial comparison right here at Very Merry Loans. We'll use this information to match your requirements with lenders who can offer the funds you need at the most competitive rates. Once you've selected a preferred lender, you'll need to complete some final personal details to receive an instant online decision.

If accepted, you'll then receive a credit agreement which will need to be electronically signed and returned in order to finalise the loan. This agreement will tell you exactly how much you'll need to repay along with fixed repayment dates.

Once received, funds can often be transferred straight to your bank account within 24 hours although many lenders aim to complete the transfer on the very same day that you're accepted.

So what are you waiting for? Pick up your Nottingham loan comparison today with Very Merry Loans and get a great rate on your next line of credit.