Same Day Loans
Sail easy even in the midst of financial problems with our same-day loans.
Choose WeLoans everyday!
How Much Do You Need?
Rates from 43.1% APR to 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £1,200 borrowed for up to 75 days. Total amount repayable is: £1506. Interest charged is 0.34% per day, amounting to £306, annual interest rate of 124% (variable). Representative APR: 49.7% (variable).
What Is A Same Day Loan?
Another invoice? You don't say! Not again!
Bills, especially when unexpected, can be quite tiring. But, a same day loan can help you sort your issues without batting an eyelid.
A same day loan is one that is approved and disbursed to you on the same day you requested it. You can get one in under a few hours via a reputable loan broker like WeLoans.
Why Apply for Same-day Loans
via WeLoans as a Broker?
Talk of convenience, speed, flexibility and offers for bad credit, you get everything you want and even more with WeLoans. We've got you covered on all fronts.
Loans are fast
Loans are disbursed to loanees under a day regardless of the loan amount. We know you need cash urgently, hence, treat your application with a sense of urgency, and distribute it to our partner-lenders quickly.
Loans range from £100 - £5,000
We allow you to borrow as little as £100 and as high as £5,000. Only very few direct lenders will loan you up to £1000, talk more of £5,000. We however understand that your cash needs might be in several thousands and so make provisions for this.
Same day loans 24/7
Our services are available round the clock and all week long. Our customer support staff are also courteous and willing to speak to you if you have any questions; weekends inclusive.
No hidden fees
We and our lenders do not charge a dime for applying for a loan. We pride in offering our customers premium service at no extra cost and for no hidden fee.
How to Apply For Same Day Loans on WeLoans?
Everyone can testify to how crushing cash worries can be.
To ease your tension, we've simplified the process and made it as easy as ABC even for loan application newbies.
1. Choose Your Amount and Apply
Fill out the application form and submit relevant information concerning the loan amount, full name, age, next of kin etc. Then, apply. We'd immediately match you with one of our partner lenders.
2. Take Our Offer
Once you are matched with a willing lender, the lender considers your application, and sends you a quote if your application is successful. Take the offer and we're good to go.
3. Get Money On the Same Day
Expect to get your cash anytime from when you show your consent to the loan terms. Simple and Fast. Just as you like it!
How Does Same Day Loan Work in the UK?
One of the biggest flaws of the traditional loan system is the difficulty and complexities involved in applying for loans. Modern loan schemes outshine this conventional system by making the application process easier and reducing the time taken to land these loans (quick loans). Here are some of the most popular situations where one may need a quick loan.
People who need to purchase a car, boat or RV urgently but do not have the capital to do so ready, may consider applying for a same day loan.
An individual may apply for a same day loan to pay off debts they may have incurred from other sources. An example is a high-interest debt like credit card debit.
Business mergers or expansion involving opening of new branches, PR campaigns and whatnot involves a lot of capital which oftentimes are not readily available. With a short term loan, you can facilitate these expansions in a short time.
A same day loan in the form of a personal loan can be used for big-ticket expenses like the wedding hall rent, bridal gown, photography, music band, and other such expenses. A same day loan may be a good consideration if you do not want to deplete your savings to put up a good wedding ceremony.
Discount on advance payment for bulk orders
In certain sale deals, the supplier may offer a discount for advance payment on bulk orders. A buyer who is short on cash but considers the discount quite big may like to take advantage of this opportunity. A same day loan is one opportunity he/she can take advantage of.
When bank loans are not attainable
Bank loan applications are judged on different grounds ranging from the basic credit history to more ridiculous criteria like how long you've been banking with them. But you can get same day loans when you are lacking on other fronts the bank considers including poor credit score.
Can I Apply For Same Day Loans With Bad Credits?
Yes, you can. In fact, our partner bad credit lenders specialise in loaning money to people with bad credit. They assess your application based on your ability to repay rather than on your credit score.
The loan application's success is also based on the borrower's credit card repayments, direct debits and the regularity or irregularity of their income. All in all, we are a broker who are FCA accredited and can cater to people with bad credits.
What If I Want To Get a Quick Loan Without a Credit Check?
As mandated by the FCA, your credit history must be checked before you can be granted a loan. We know how badly you hope to see that you can get a quick loan without a credit check. But that's just not true.
When you go through a loan broker like WeLoans, only the lender who accepts your application will run a check on you. This rules out multiple checks that would have been done on you if you interacted with different lenders directly.
What Are the Different Types of Same Day Loans?
The increasing acceptance of short term loans among business owners and individuals has resulted in a corresponding increase in the number of options available to prospective loanees. Here are some other types of same day loans:
Payday loans are emergency funds lent out to individuals and businesses who need to sort out a thing or two before their next payday. Typically, payday loans are disbursed to borrowers within 24 hours from when they applied.
Instant loans for bad credit
This is a good option for people with bad credit. WeLoans can grant you loans even if you have a less than perfect credit score. Your income stability, employability status and ability to repay are evaluated, and a loan amount is approved for you based on this assessment. Upon approval, you should get your funds within a few hours.
Another same day loan that gets sorted out even faster are quick loans. You can get your cash in as little as 60 minutes. As quick as you like.
1. How can a same day loan help you?
A same day loan can be your saving grace if you are in a cash emergency and can't pull together resources from family and friends. The application process is simple and pretty straightforward. It's also become an increasingly popular source of financial aid because your credit score need not be perfect to access one.
2. What are the requirements for borrowing the same day loan?
Although same day loans are purportedly accessible to all and sundry, you may not be eligible for one if you have not turned 18 yet. To be eligible for a same day loan, you must also be a UK resident, have a monthly income of at least £1250, and own your bank account and debit card.
3. Is a guarantor required?
Most often than not, you won't need one. However, there are particular situations where a guarantor may be needed. The lender decides this. Typically, a guarantor is a close friend or family relative who can stand-in or vouch for your ability to pay up.
4. Will my application be rejected?
No matter how strong your application is, there's still a chance that it could get rejected. If that happens, we could always intimate you with the name of the credit reference. You may then check your credit file with the lender. Fix what's limiting your chances and apply again.
Get Your Loan On The Same Day With WeLoans!
We have a reputation for finding the best loan deal for our customers and we're not about to drop down the pecking order any soon.
Apply for a same day loan on WeLoans today!Apply now