Borrow money – for the needs that arise now and then

Borrowing options available online nowadays make financial worries less intense through the timely availability of funds. The ease of simple application procedure with no paperwork and instant approval decision ensures smooth reach to funds. As the financial needs are not similar in nature and purpose, the loan products too are dissimilar in feature and function.

According to your need, the borrowing options are available in variance. Quick Loans Lender serves to the versatility of requirements through its varied loan options that let you borrow money with no guarantor for short-term purposes. At the same time, the due arrangements are made for long-term purposes through loans with assured approval. Borrow from a minimum of £1000 to a maximum of £25,000.

Affordability – always a prime factor between you and the loan approval

While you go through the process of borrowing money, affordability acts as the most significant factor. It decides how much you can borrow, what can be the tenure and on what rate of interest. Stronger is the affordability; better are the chances of obtaining funds with the desired amount.

5 elements that check if a loan affordable for you or not –

  • Current income – It means your basic monthly income excluding any commission or other perks as they are not fixed.
  • Expenses/outgoing – The sum of monthly expenses from electricity bills to the other debt instalments.
  • Income-outgoing ratio – It is the part of your income calculated after deducting the expenses from earning.
  • Employment status - Are you in a job right now? If not, then what another earning source you can use to pay instalments.
  • Employment stability – This factor is essential when you borrow a big amount through a long-term loan like guaranteed loans.
Prime factor between you and the loan approval

Note –The minimum income-outgoing ratio is 60:40 i.e. 60% income and 40% outgoing.


How do things work for the borrowers with bad credit score?

The credit score is undoubtedly an essential factor but not the decisive one after the emergence of the new age financial service available online. Those with a poor credit situation can now borrow money online by proving the worth of personal finances for consideration.

Borrow with bad credit on following conditions –

  • Recent financial behaviour should be spotless. Past mistakes are easier to overlook if you show the intention of improvement through timely payments in the current times.
  • It is necessary to have a job or any reliable source of earning. Bad credit with no or irregular income cannot bring loan approval. Some sort of regular income is vital.
  • Poor credit situation should not be consistent as the repeated incidents of payment delay or default sends an apparent invitation to rejection chances on loan approval.

Optional condition for poor credit people

  • In case you feel insecure about the desired decision on your loan application due to weak financial situation, show an additional income or bring a guarantor.

With the above conditions, you can borrow money with bad credit without going through any insecurity of rejection on your loan request.

How to borrow money?

The simplest answer to this question is – Borrow money online, and if you go a little in detail, only a short and simple application process is required to get funds. QuickLoansLender that commits to act as a one-stop destination for varied loan options follows a generic application procedure. By adding the element of predictability, we facilitate ease to our borrowers.

  • Your first step starts by filling our online one-page application form
  • Right after you click on the ‘APPLY NOW’ option, instant approval decision happens
  • Once approved the funds reach to your account online in a short time

The borrowing options

To resemble the nature of your financial needs, here are the varied loan choices we offer through easy, instant online process. Before you ask, one thing is essential to mention here that all the loan options are available to poor credit people.

Doorstep loans – Funds at your home now through doorstep loans that allow you to borrow money despite bad credit with no guarantor. Apply online, get an instant approval decision and once approved, we call you to fix a meeting at your place. A loan representative comes to your home to complete the formalities and scrutinizes personal finances. If everything is fine, you get the cash in hand at the same time.

Short-term loans – The term is sufficient to explain its nature. Short-term loans are for small financial purposes that can be fulfilled through a small amount of money. Without obligation, these loans are convenient to obtain an instant approval decision. The rules of affordability remain the same, and the fund disbursal happens in a short period.

Very bad credit loans – If you are in a worst credit situation due to a County Court Judgment or Individual Voluntary Arrangement or Bankruptcy, very bad credit loans can help. Through the loans, QuickLoansLender helps the borrowers borrow money in the UK without any location preference. Complete your money goals and get one step closer to the escape window and quit from the days of intense stress due to bad credit.

No guarantor loans – The name suggests everything. Yes, the loans are with no guarantor obligation to serve the frequent needs of money that arise while you fight on multiple financial fronts. Get funds easily without any mention of purpose and experience the financial peace obtained in a few minutes online. No money mess can annoy you with these easy instant loan options.

The borrowing options

Guaranteed loans – These loans with a guarantee of loan approval are generally obtained for a long-term purpose with a bigger maximum limit of the loan amount. They are not as big as a home loan, but can easily fund your car purchase. The presence of guarantor is a necessary condition in the loans to take your application to the next step.

Christmas loans – The festive preparations are always demanding and suffocate the monthly budget. Extra funds are required to make the festival special. There is no more need to compromise in personal finances, spend sufficiently and enjoy extravagantly with Christmas loans on affordable rates. Decorate your house or buy a gift or go on a holiday, the funds can be used for any purpose.

Quick Loans Lender the direct lender with multiple loan options aims to be the best place to obtain funds through round-the-clock availability. We work on bank holidays and offer seasonal deals on every loan product. You can explore us more through an online interaction or a conversation over a call. We are waiting right here ready to solve your financial concerns. Borrow money now and repay on easy instalments.