Quick Cash Loans

Payday Loans, Logbook Loans, Unsecured or Personal Loans all offer quick application turnarounds and can be considered as quick cash loans. They will enable you to access additional funds with minimal fuss.

Quick Cash Loans

Why would you need one? Literally for any purpose; holiday; new car; debt consolidation; your money’s run out half way through the month. What’s ideal about this type of lending is that the loan providers will rarely ask for details of why you are borrowing so you will be able to maintain some privacy regarding your financial situation.

Quick Cash Loans

You may be able to borrow for any purpose, with lenders not asking for details, but remember you will need to be able to prove without doubt that you can afford to pay back the loan, irrespective of the type of lending you decide on. This will involve proving details of your income and possibly your regular outgoings.

Quick Cash Loans

Payday loans are available for amounts up to £1,000; a logbook loan, up to £50,000 (depending on the value of your vehicle) and; a personal or unsecured loan may be available for amounts up to £25,000.

Quick Cash Loans

The cost of borrowing will depend on the loan type. A payday loan represents the highest APR, but as you are only borrowing over a short period the cost of borrowing is easily calculated. A logbook loan also would also attract a high APR. Both these types of loan do not require a credit check, so your financial history will not be in question. A personal or unsecured loan will offer the cheapest way of borrowing; with this though comes a credit check. On a positive note, unsecured lending of this nature is protected by the Consumer Credit Act 1974.

Quick Cash Loans

Repayment terms will depend on the loan you chose. An unsecured or personal loan will afford you the longest repayment term - sometimes up to 7 years. Payday loans, as the name suggests, are repayable in full when you receive your next wage packet. Some payday loan providers may allow you an extension on the repayment date for an additional fee. Logbook loans have repayment terms of up to a year - don’t forget though the lending will be secured on you car.



 


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