How It Works

There are times when we are strapped for cash. Don't sweat it. WeLoans can help you take out a loan to get out of that tight financial situation. Whether you are looking for payday loans, personal loans, or bad credit loans, we've you covered. Applying for these loans is also not as complicated as you may think. Here's how it works.

Check Your Eligibility

It's important to make sure, at the very least, you can meet the basic application requirements to apply for a loan. The eligibility criteria for online loans are not as stringent as bank loans. You only need to be a UK citizen, have a stable source of income, have an active account to receive your funds, possess a government-issued ID, and be at least 18 years old.

Submit Your Application

Complete our 24/7 accessible application form online with your personal, contact, and financial details. We will connect you with some of the best-suited lenders based on the information you provide.

Get Approved & Review Offers

Upon approval, you will then receive some quotes from our willing lenders. Compare their loan amounts, conditions, interest rates, and repayment windows and make the most befitting choice.

Seal Agreement & Get Paid

To finalize the deal, you'll need to sign the agreement to make it legally binding. Then, sit back and expect the cash to be deposited into your bank account within the same day or the next business day.

Repay Your Loan

Make a clear repayment plan and stick to it. Never miss the payment deadlines otherwise your credit score will take a hit and you will be subject to extra charges.

Why Do You Need a Loan From WeLoans?

Here are some real-life applications where you may need some input from our partner lenders.

Car repairs: Sudden car repairs are emergencies and need quick cash to resolve. You can call on our lenders to get you the cash you need.

Health emergency: An emergency medical bill, depending on how heavy it is can empty your savings, and leave you with little to nothing to cater to your living expenses. Our instalment and payday loans can help you with enough cash to stay afloat till your next paycheck comes in.

Job loss: Are you currently out of job? A little loan can help you get a little cash to settle utility bills and other expenses that may come up before you get another job. Why not apply for one now?