INSTALMENT LOANS

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Instalment loans are a quick and easy way to get hold of cash when needed. This can be when the cash flow is just not as much or maybe to pay for that unexpected home repair. With instalment loans, you as the consumer can actually agree with the lending provider, a affordable monthly repayment amount over a certain amount of months. Whenever somebody first looks into which loan is best for them, there is always a few factors to remember, this can be amount of money being lent or simply just the interest rate being paid on that particular Instalment loan. With instalment loans these are also good to be used with regards to businesses as well. Whether it's the fact your about to start a new business or that simply the cash flow is not as good as it normally is, Instalment loans are the answer.

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

Search Report: All Payday Loans  Text  Mobile  Lenders  Brokers  Instant Decision  Online Application  No Credit Check  Bad Credit

Product Type: Payday Loans  Instalment Loans  Short Term Loans

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

PROVIDERTYPE

TYPE

Lender / Broker

APR

APR

A Representative APR is a financial service concept in which interest rates quoted through advertising media is required to take into account all charges associated with a product, in addition to the interest rate

LOAN AMOUNT

LOAN AMOUNT

Total amount you can borrow

MIN TERM

MIN TERM

Minimum loan duration

MAX TERM

MAX TERM

Maximum loan duration

FEATURES

FEATURES

List of features of loan

ID REQUIRED

ID REQUIRED

List of ID required to obtain a loan

SUITABLE

SUITABLE

Who the loan is suitable for

RESTRICTIONS

RESTRICTIONS

Restrictions regarding potential borrowers

MORE INFO

Bizzy Loans
: Bizzy Loans

Broker278%
Representative Example

Representative Example

Representative Example: Borrow £500 and pay £79.09 per month for 12 months at a fixed interest rate of 140% per year. The total charge for credit is £449.01 (all interest). The Total Repayable is £949.01. 278% APR Representative.

£100 - £20001 week18 monthsFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: Yes
Repayable: Dependent of amount
Extention: Dependent on lender

Identification

Identification

Generally not required – Pay Me Now offer instant online approval

Suitable For

Suitable For

All types of customers

Restrictions

Restrictions

You must be over the age of 18 years old.

: Bizzy Loans
Bizzy Loans cover your short term cash flow issues, helping you avoid bank or credit card charges, pay unexpected bills or even treat yourself when you know payday is just around the corner. There are no awkward questions just simple qualification criteria. Borrow up to £2000 and they will do their best to get the cleared cash funds in your account in 15mins. They have a high acceptance rate and you can borrow any amount between £100 and £2000 payable within 18 months. A simple debit card transaction is used for repayment. DETAIL INFORMATION >>Terms

Terms

Over 18, employed, earning minimum £650 per month. Payment should be within 18 month max.


Advantages

Advantages

1. They have a high acceptance rate and you can borrow any amount between £100 and £2000 payable within 18 months
2. Same day deposit sometimes within 15 mins


Disadvantages

Disadvantages

1. Payday loans are not a long term solution for financial problems

Payday Pig
: Payday Pig

Broker292%
Representative Example

Representative Example

Representative Example: Amount of credit: £200 for 35 days. One total repayment of £256.00. Interest: £56.00. Interest rate: 292% pa (fixed). 1212% APR Representative.

£100.00 - £1,000.001 week1 monthFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: Yes
Repayable: £125
Extention: N/A

Identification

Identification

Bank account required

Suitable For

Suitable For

For those in need of a short term cash solution

Restrictions

Restrictions

You must be over 18 and reside in the UK

: Payday Pig
Payday Pig offers fast and simple payday Loans. There's no paperwork and no phone calls. Simply apply online. Payday Pig has an extremely high acceptance rate. When you're running out of cash, short-term payday loans can help you get by until payday. The process is simple and can help you with your short term cash needs. Payday Pig is dedicated to offering you fast, hassle-free lending. Their user friendly loan system is designed to get you the money you need, at a time you need it most. You can receive payday loans almost immediately. DETAIL INFORMATION >>Terms

Terms

You must be over the age of 18 and reside in the UK.


Advantages

Advantages

1.No Paperwork
2.No Phonecalls
3.Simple Application Process


Disadvantages

Disadvantages

1. You must be over 18
2. You must reside in the UK
3. Bank account required

MYJAR
: MYJAR

Lender292%
Representative Example

Representative Example

Borrow: £300
Days: 90
Interest: £154.23
Total To Repay: £454.26
Annual interest 292% (variable)
Representative 1272% APR
80p per day for each £100

£300.00 - £1,000.005 day90 daysFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: Yes
Debit Card: Yes
Bank Account: Yes
Bad Credit: No
Repayable: £454.26
Extention: Not Permitted

Identification

Identification

Bank account and debit card details

Suitable For

Suitable For

Emergency cash needs of up to £300 (£1000 for returning customers)

Restrictions

Restrictions

1. You must be living in the UK.
2. You must be employed with a regular minimum £400 income.
3. You must have a mobile phone and email address

: MYJAR
MYJAR provides a straightforward and hassle-free short-term loan service. They pride themselves on being customer friendly and efficient, cash is usually sent to our borrowers within 15 minutes of their loan request. MYJAR approves short term loans in no time and can offer you loans of up to £500 (£300 for first time borrowers). Applying is easy, follow instructions online and you will receive the cash in your bank account within minutes. You can use the MYJAR service whenever you need it so if you have emergency cash needs a short term loan is only a minutes away. DETAIL INFORMATION >>Terms

Terms

You must be living in the UK, get a regular minimum £400 income, have mobile phone and e-mail address


Advantages

Advantages

A flexible loan form 5 days up to 3 months
Repay monthly on your pay day
80p per day for every £100 that you borrow
Daily interest at 0.8%
Up to £500 for first time borrowers and up to £1000 for returning borrowers.


Disadvantages

Disadvantages

A single default fee of £15 following the first missed payment.
This will be charged if the missed payment remains unpaid 3 days after the contractual payment was due.
Interest is capped when the total cost of interest + charges gets to 100% of the amount borrowed.

Lending Stream
: Lending Stream

Lender1272%
Representative Example

Representative Example

Annual Interest Rate: 292.0% (Fixed). Total Amount of credit: £200. Representative APR: 1272.0%. Duration of Agreement: 6 months. Total Amount Payable: £391.68. Total Charge of credit: £191.68.

£50.00 - £1,500.001 month6 monthsFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: Yes
Repayable: £130
Extention:

Identification

Identification

None

Suitable For

Suitable For

Emergency cash needs

Restrictions

Restrictions

Only for UK residents

: Lending Stream
Lending Stream offers short-term loans that are paid back in monthly instalments over six months. Lending Stream accepts applications 24 hours a day, 7 days a week, even on bank holidays. We encourage our customers to repay early to save on interest and provide online account management features for making payments and checking account balances. Lending Stream has been providing short-term loans since 2008 and is a member of the BCCA and CCTA. We run an affordability analysis on all applications to help assess whether you are able to repay the loan in a sustainable manner. DETAIL INFORMATION >>Terms

Terms

You need to be 18 years of age, or older, be in regular employment with a minimum monthly income of at least £400, and have a valid debit card and a working bank account. You should also be a UK resident. We currently do not lend to individuals who are self-employed


Advantages

Advantages

Upon approval, fund transfer initiated within 4 minutes* (the time that it takes for cash to appear in your account will depend on your bank's policies and procedures).
2. New loans £800;Returning customers can receive up to £1,500
3. Repay your loan over 6 months


Disadvantages

Disadvantages

Lending of this type is an expensive form of credit that may be appropriate for short-term financial needs, but may not be appropriate for long-term borrowing - or if you are in financial difficulty. Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.

LOANSPRONTO
: LOANSPRONTO

Broker1734%
Representative Example

Representative Example

Borrow £80.00 for 28 days. Interest 25% p.a. fixed. Total amount payable £100.00 in 1 payment. Total cost of credit £20.00 comprising interest of £20.00

£100.00 - £1,000.00VariesVariesFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: Yes
Repayable: £125
Extention:

Identification

Identification

Initially employment, residential and financial details

Suitable For

Suitable For

For inidividuals looking for a solution to a short term financial problem

Restrictions

Restrictions

Our Pay Day Loans are available to UK residents who are tenants or homeowners, over the age of 18, and employed, either full-time, part-time or self-employed. Applicants must have a debit card.

: LOANSPRONTO
We have a team of Loan Specialists who are experienced in loan lending solutions, dedicated to finding loans for people with adverse credit. Our team of Loan Providers can help you get loan finance best suited to your needs and circumstances. Get a PayDay Loan for urgent 1 hr* Cash Loans for £100 to £1000. DETAIL INFORMATION >>Terms

Terms

Varies


Advantages

Advantages

1. Quick Application Process
2. Quick Decision
3. Cash In your Account
4. All circumstances considered
5. Easy Online Application
6. Safe and secure
7. Borrow between £100-£1000


Disadvantages

Disadvantages

1. 'Same day cash' - this may vary depending on banks payment system, time of application and lender. Some lenders may take up to 48 hours.
2. Payday Loans are not a solution to long term debt problems

First Choice Capital Resources
: First Choice Capital Resources

Broker377.8%
Representative Example

Representative Example

Borrow £225 for 29 days. The total charge for credit is £67.50. Interest is fixed at a rate of 377.8% p.a. The Total Amount Repayable is 1 payment of £292.50.

£100.00 - £750.001 monthUp to 24 monthsFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: No
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Bad Credit: No
Repayable: £130
Extention:

Identification

Identification

Personal and financial information

Suitable For

Suitable For

All types of borrowers - even those with bad credit history, and CCJs

Restrictions

Restrictions

See website for restrictions

: First Choice Capital Resources
First Choice Capital Resources have tailored a loans service for individuals with bad credit. The application form takes a few minutes to complete and if successful, an unsecured loan could be deposited in to your bank account with payment terms ranging between one and twenty four months. First Choice Capital Resources is a free service and aim to match the right products and services to suit your needs. You create one simple online profile, and they search their entire network for you. Always read the terms and conditions carefully. DETAIL INFORMATION >>Terms

Terms

Some lenders consider the existence of an active credit and/or debit account as part of their decision making process


Advantages

Advantages

1. Quick Application form - takes only a few minutes
2. Flexible loan terms ranging from 1 to 24 months
3. FREE service matching you with the best products for your requirements
4. Borrow anything from £100-£2500


Disadvantages

Disadvantages

1. Some lenders consider the existence of an active credit and/or debit account as part of their decision making process
2. Unsecured Cash Loan installment offer may take up to 2 weeks to process
3. Maximum borrowing is £2,500
4. Payday loans are not long term solution for debt problems

Zooma Loan
: Zooma Loan

Broker527%
Representative Example

Representative Example

See website for details.

£100.00 - £1,500.00Depending on lenderDepending on lenderFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Bad Credit: No
Repayable: Ask on application
Extention:

Identification

Identification

Personal details

Suitable For

Suitable For

Short notice loan

Restrictions

Restrictions

Ask on application

: Zooma Loan
ZoomaLoan offer a range of loan solutions for people who are unable or simply do not want to deal with the inflexible terms of major banks and finance companies. As a leading broker ZoomaLoan has relationships with many top UK lenders. They only deal with reputable lenders - many of which are owned by major banks. Zooma do not charge a fee and the consumer is under no obligation to commit to any of the loans they find for them. DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1. Instant decision
2. Paid within 1 hour


Disadvantages

Disadvantages

Not for long term loan solution

Bonga Loans
: Bonga Loans

Lender244%
Representative Example

Representative Example

821% (variable). Representative example: Amount of credit £100 for 30 days. Total amount repayable £120. Interest £20. Interest rate 244% p.a fixed. Representative 821%APR (variable)

£100.00 - £1,000.001 week1 monthFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: No
Mobile Loan: Yes
Debit Card: Yes
Bank Account: Yes
Bad Credit: No
Repayable: £110*
Extention:

Identification

Identification

Bank Account and debit card details necessary.

Suitable For

Suitable For

For those in need of an emergency cash solution

Restrictions

Restrictions

1.Up to £1000 only
2.Over 18 only
3.UK only
4.Monday to Friday only

: Bonga Loans
Bonga Loans is a provider of short term loans. They help people who need a quick cash injection to sort out their temporary money worries. All you need to take out one of their short term loans is a mobile phone. If something comes up unexpectedly and you urgently need some cash, then a short term loan could be the ideal solution. The money is transferred as soon as they receive a text from you. This means you can get a loan wherever you happen to be. Bonga Loans offer extremely fast payday loans of up to £1000. DETAIL INFORMATION >>Terms

Terms

You must be over 18 and have a bank account and debit card to apply.


Advantages

Advantages

1.Fast and efficient service.
2.No long application processs.
3.Get approval fast.


Disadvantages

Disadvantages

1.Up to £100 only
2.Regular income necessary
3.UK only
4.Monday to Friday only

QuickQuid
: QuickQuid

Lender1270%
Representative Example

Representative Example

Representative Example: Amount of credit: £100 for 30 days. One total repayment of £124.00. Interest: £24.00. Interest rate: 292% pa (fixed). 1270% APR Representative.

£100.00 - £1,000.001 week1 monthFeatures

Features

Credit Check: No
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: No
Bank Account: Yes
Bad Credit: No
Repayable: £125
Extention: See website for details

Identification

Identification

No - nothing to fax, no paperwork to post

Suitable For

Suitable For

Restrictions

Restrictions

QuickQuid performs traditional credit checks. QuickQuid verifies applicant information via various national databases. Funds will be deposited the same working day, if approved by 14:30. Approval may take up to 30 minutes in most cases.

: QuickQuid
QuickQuid is the premier online provider of cash advances. Just apply online in five minutes from your home and receive quick approval without faxing documents. Money will be deposited directly into your current account within 10 minutes at no extra cost. At QuickQuid, they’re completely upfront about their costs and there are no hidden fees. Existing customers can even get payday loans of up to £1500. QuickQuid provides fast and convenient online cash advance services to customers all across the UK. DETAIL INFORMATION >>Terms

Terms

Loan amounts are based on consumer's credit history and ability to repay loan. Not everyone may qualify for £1500.


Advantages

Advantages

1. Up to £1000 in your account today, free same-day funding
2. Apply in 5 minutes from the comfort and privacy of home
3. Quick Approval


Disadvantages

Disadvantages

1. New customers can only borrow up to £1000

Payday UK MEM
: Payday UK MEM

Lender359.4%
Representative Example

Representative Example

£275 borrowed for 28 days. Annual interest rate of 359.40% (fixed). Total amount payable by one repayment is £357.36.

£80.00 - £750.001 week1 monthFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: Yes
Repayable: £129.95
Extention: Not permitted

Identification

Identification

Not Required, just bank and debit card details

Suitable For

Suitable For

Those in need of a short term cash solution.

Restrictions

Restrictions

1. Be over 18 years old
2. Be in permanent employment
3. Earn more than £750 net per month
4. Have a bank account with a valid debit card
5. Be paid monthly

: Payday UK MEM
PaydayUK are here to help! Apply for a payday loan from £100-£1000 and you could have the cash you need in your account by midnight everyday of the week. There are no administrative costs to set up the loan. Payday loans are for 30 days, and should be repaid in a single payment on your payday. No faxes, no additional ID needed - just bank account and debit card. Faster payments now available -customers can get the money the day they apply! Payday UK now do deposit runs on Saturdays and Sundays so you do not have to wait until Mondays. DETAIL INFORMATION >>Terms

Terms

29% charge per hundred


Advantages

Advantages

Good acceptance rate
Bank and debit card details needed only - no extra ID
Money can now be received same day as application Payday UK now do deposit runs on Saturdays and Sundays. This means you will not have to wait until Mondays to get your money when you apply at the weekend.


Disadvantages

Disadvantages

1. High interest rate on loan

Wonga
: Wonga

Lender292%
Representative Example

Representative Example

Amount of credit: £100 for 13 days. Interest rate: 292% pa (fixed). One total repayment of £110.40. Representative 1,509% APR.

£50.00 - £400.001 Day45 DaysFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: Yes
Debit Card: Yes
Bank Account: Yes
Bad Credit: No
Repayable: £110.40
Extention:

Identification

Identification

None - just bank account and debit card required.

Suitable For

Suitable For

Restrictions

Restrictions

You must be over 18 years old and a UK resident

: Wonga
Wonga.com is part of Wonga Group, a digital finance company providing short term credit to consumers and businesses. We’re based in London and launched our first website in 2007. We have since provided millions of small loans to customers in the UK and beyond. We’re here to ease your short term, urgent cash flow needs. So, if you’re short of cash due to an unexpected bill, emergency or opportunity you can’t miss, we could help. We know life doesn’t always go to plan, so we’ve made our service as flexible as possible. DETAIL INFORMATION >>Terms

Terms

Applicants for loans will only be approved if they are UK residents and over 18 years of age. Credit score and credit history will be taken into account.


Advantages

Advantages

Daily Cost 0.8%
Transmission fee £0
Very user-friendly calculator / sliding scale on homepage to view your possible loan, term and interest
Choose your repayment by the day - the shorter the loan the less you pay
If accepted, you'll get the money in your bank account within 15 MINUTES, GUARANTEED. Max loan amount is £400 for new customers and up to £1,000 for existing customers


Disadvantages

Disadvantages

APR is high - though loan is only 45 days maximum
Possible to borrow just £200 at first
One off Missed Payment Fee £15

Provident Personal Credit Loan
: Provident Personal Credit Loan

Lender97.5%
Representative Example

Representative Example

£200 loan repayable over 32 weeks
32 weekly payments of £10.00
Rate of interest 97.5% p.a. fixed;
Representative 399.7%
APR Total Amount Payable is £320

£50.00 - £300.0014 Weeks31 WeeksFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: No
Unsecured Loan: No
Mobile Loan: No
Debit Card: Yes
Bank Account: Yes
Bad Credit: No
Repayable: £140
Extention:

Identification

Identification

You will require proof of ID, address and income. National Insurance number may be required.

Suitable For

Suitable For

Those with poor credit who want a quick cash loan

Restrictions

Restrictions

You must be at least 18 years of age.

: Provident Personal Credit Loan
Provident Personal Credit is in the business of helping people manage small, unsecured credit, when they need it. Provident and their agents pride themselves on making sure that the loans are manageable and easy to understand. That way you stay in control of your finances. Provident offer loans that are not as short term as most payday loans - with only 14 weekly repayments their budget loan is perfect for paying those unexpected bills, emergency home repairs or anything else that might crop up. Even if you have poor credit you can get a loan.Provident Personal Credit is authorised and regulated by the Financial Conduct Authority, Interim Permissions Reference Number: 002529. DETAIL INFORMATION >>Terms

Terms

Applicants must be at least 18 years of age and a UK resident. Repayment period 14 weeks - 31 weeks


Advantages

Advantages

1. You can spread your repayments over 14 weeks
2. There are no large lump sum repayments to worry about
3. No bank account needed
4. There are absolutely no hidden charges 
5. Your friendly agent will call at your home to collect your weekly payments
6. We could help if you ever need us again


Disadvantages

Disadvantages

1. This is not a solution to long term financial problems.

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

Compare Instalment Loans

What are Instalment loans used for?

Instalment loans are now being used by many types of different people and for different reasons. Instalment Loans are a money lending option with a longer period of time for repayment.

This can be paid back in affordable monthly repayments over a certain amount of time. Most Instalment loans are available from as little as £250 up to £2,500. The Repayment timescale can range from 3 Months up to 24 Months. Lots of consumers always consider which instalment loan is best for them. Instalment loans are very much like the typical payday loan which is being offered on the market at present, the main differences with the payday loan against the instalment loan , is simply the fact that you have a longer period of time to repay, also the fact that it is divided into affordable monthly repayments and not one lump sum payment.

Many people choose to have a instalment loans for many different reasons, struggling with personal finances, shortage in cash flow at that present time , or maybe a unexpected expense such as home repairs, car repairs etc.

Instalment Loans Explained

Lots of consumers are always very wary about which instalment loan is the right one for their needs. Within this article you can find out all the best information when choosing the right instalment loan for you. When it comes to choosing we all like to make sure it's the right one we have chose. Lots of people worry about things such as interest rates, Monthly payment amounts and generally just the fact of if they will be able to repay the instalment loan. As there are so many available on the market, Instalment loan providers always try and ensure the best facilities are being offered.

Many Instalment loan providers allow the consumer to choose when is the best suited time for the repayment to be paid each month. Most Lenders advise this is near the pay date for the consumer as then they are sure of when the repayment will be taken from the account.

As , with all money lending facilities there is always going to be a percentage rate to pay. This can sometimes put people off choosing the best instalment loan for them. With all the interest rates being charges these are usually worked out on the amount being repaid.

One of the main questions that in asked with regards to Instalment loans is, an you still apply for a Instalment loan with a bad or no credit history? The answer is yes. Many consumers worry about the fact that they may have built up a bad credit history is the past, and just simply can get away from it. whereas some people have never actually had any credit therefore, they have not built up any credit history up at all. The good thing about instalment loans is the fact that when applying for one, they can see that you are repaying monthly therefore this will also build up your credit history up.

Bad credit history is a big worry for lots of people and the instalment loan option is a great way to actually rebuild this. So always remember, when applying for the best Instalment loan for your options, remember that you can choose when the best time for repayment is and also to choose the right monthly amount that you can afford to repay.

INSTALMENT LOANS - LATEST NEWS News and Charts

Instalment Loans. New Product Range on Which Way To Pay

29 October 2014
Which Way To Pay

Instalment Loans - We have a new Product Range on Which Way To Pay UK Website

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