< Payday Loans for Very Bad Credit | Cash In 15 mins | Wolfinace.co.uk
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We will never charge you for our service and the lender will not increase the rate to cover our fee to them.

We work with over 40 different lenders to bring you the very best rates from across the UK market.

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 rate161.9%(variable).

Warning: Late repayment can cause you serious monetary problems. For help, got to moneyadviceservice.org.uk.

Do not borrow more than you can pay back as defaulting on payments can cause serious monetary problems.

Any collateral you have against the amount may be at risk of repossession.

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Payday Loans for Very Bad Credit

There are times in life when we’re faced with unexpected situations that no one could foresee and anticipate. Oftentimes, these circumstances arise without warning and without anyone willing for it to happen. When these events happen in your life it’s best if you just stay level headed and don’t panic there’s always a solution to any problem especially if the root of the problem is money.

Most people find it hard to get their loan applications approved because they have bad credit. It may be true that your credit score is a great indicator for lenders to decide on whether or not to give you a loan. But you should take not that there are a lot of lenders that approve loans regardless of your credit score. It’s just a matter of getting the best one for you.

What to look for?

With the numerous lenders that offer emergency loans and claim to not look at your credit, it could be confusing and sometimes frustrating to choose which is the one would really give you the best satisfaction. Choosing is even harder if you don’t exactly know what you’re looking for. Below is a list of the qualities that a good loan should have.

1. Short Application – The application process shouldn’t take so long. Since this is an emergency loan, most processes should take place within the day or at most within 24 hours. This would allow you to get your loan when you need it. If the application form is too long and detailed, just answering the form might use up all your time. Aside from the application form, the requirements should also not be too hard to get. These should be readily available and shouldn’t take days to get processed.
2. Quick Approval – Aside from a short application process, the lender should give you their decision as soon as they make it. This would help you know whether you’re saved already or if you need to look for another loan. In case you apply for a loan that doesn’t fit your profile, a good lending sire would give you suggestions on which one to apply to instead. They won’t immediately reject you.
3. Hassle Free – Since you’re already on pins and needles with regards to how you can get out of your predicament, the loan you’ll apply to shouldn’t add to the stress that you already feel. Each step of the application should be smooth and easy. When it comes to withdrawing your money, it should be directly deposited to your bank account so you won’t have to get out of your way just to get it.

Among the various sites that run right now, pounda.co.uk is one of the few that actually tick off all those criteria and also provides satisfaction. It allows you to get a loan quickly and easily and with lower chances of getting denied.

Will I get denied?

Lenders who give emergency loans have a high approval rate. Pounda even gives assistance to the borrowers so they’ll only apply for the loan that they can afford. Even if you have a bad credit history, you’ll still have a high chance f getting approved as long as your salary and the monthly payment of the loan are aligned. You should still have enough money for food and other expenses after the payment of the loan has been paid.

In the unlikely case that you’ll get denied you would be given the chance to re-apply at a later time without your previous denial having any effect to your new application. Although pounda.co.uk tries to approve most if not all applications that go their way there are really some that are high risks. Common reasons why you might get denied includes having mismatched salary and monthly loan payment, lacking in requirements, and being ineligible in the first place.

Other things to note

Since these loans are usually short term in nature, the loan amount aren’t as high as with other types of loans. This is because having a higher loan amount would make it harder for you to cope with the payments given the short amount of time that you have to pay the loan.

Since pounda.co.uk is a U.K. based company, they only accept loan application from residents of the United Kingdom who have active banks inside the country. They also only grant loans to those who are above 18 but below 75 to ensure that you would have the capability to pay your loan.

Get the Very Best Loan to Suit Your Needs

It can often be a difficult task to know what kind of loan will suit your needs the best. To make it easier for you we have gathered all our sub pages here so you can see what page will be best for you. If you are still unsure feel free to contact us and we will do everything we can to make sure you get the finance that you want.

5 most recent personal loan reviews

Review of Sunny Loans

A very good team of people, who helped me with the process which I found to be a little confusing. They also weren't too demanding of my guarantor when he needed to supply documents. Slightly higher rates than I expected for a guarantor loan but wasn't too over the top.

Review posted by Betsy Farlow, Thetford

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Creation

Creation Loans really helped me out in my time of financial difficulty. The payments are manageable and the team are very helpful and understanding. I would borrow from them again.

Review posted by Glenis Belanger, Basingstoke

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Pounds To Pocket

Excellent service would recommend to friends and family i thought it would be a bit stressful waiting for an answer but got it straight away so no waiting and the person on the phone was helpful yes very pleased with the way it was done. Ian

Review posted by Ian Stall, Derby

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All reviews have been sourced from Trust Pilot to guarantee authenticity.