WARNING: LATE REPAYMENT CAN CAUSE YOU SERIOUS MONEY PROBLEMS. RATES FROM 45.3% APR TO 1575% APR FOR HELP, GO TO MONEYADVICESERVICE.ORG.UK

The Answer To Your Cash Needs

Representative 277.5% APR

Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances

Non-payment could have a negative impact on your credit rating and have increased charges and interest rates.

The Great Things About KnightFinance

Super Fast Process

You could get money directly into your account after just a 15 minutes application.

Affordable Finance

Get the cash you need without the usual high costs, because of our wide range of lenders.

Low Interest Rates

Compare lenders to make sure that you get the lowest possible rates.

Unsecured loans

There’s no need to put any collateral against your credit, all our loans are unsecured.

See How Our Competitors Compare

Loan amount
£200 - £1,100
Loan term
1 - 4 Months
CUSTOMERSCORES
Fast services
Apply Now

Show More ▼

Loan amount
£100 - £2,000
Loan term
1 -12 Months
CUSTOMERSCORES
Excellent
Apply Now

Show More ▼

Finding the Best Loans: A Look at the Borrower’s Many Options

While loans have been around since time immemorial, their incessantly increasing popularity has brought significant changes in the now-vast lending industry. Because loan services have become tremendously in-demand in the market, many firms in the industry have felt the need to regulate the incessant influx of loan applicants — as well as the consequent increase in the number of delinquent accounts. With the credit scoring system that the traditional lending institutions and firms have decided to put in place, the borrowers who were heavily struggling on their finances seemed to have been the most affected.

Because borrowers with the least amount of income were deemed to have poor credit, their applications for any additional loans were automatically rejected. In the same manner, borrowers who frequently missed out on their payments had their records automatically reflect their non-payments. Due to this, borrowers with poor credit scores and bad payment histories were automatically precluded from taking any loans from any of the traditional lending institutions and firms. As a consequence, most borrowers with bad credit were left with very few alternatives in times of financial crises.

Since borrowers with poor credit were precluded from procuring conventional loan services, most were left to choose with either extremely uncomfortable or downright implausible financial resolutions. And because people are not always comfortable with borrowing from friends and family, borrowers with bad credit scores and undesirable payment histories were often left no other choice but to secure underground loans from illegal lenders. And although procuring these loans do provide borrowers the temporary financial relief that they urgently need, their exceedingly high interest rates often lead to even worse financial crises. Because the interest rates for underground loan solutions are much higher than that of other types of loans, the payment increments that borrowers often have to pay through these loan services are far much higher than that of other financial services.

Know More About the Best Loans in the UK

Because of the exceedingly high interest rates inherent to underground loan agreements, borrowers are often left to deal with even worse financial situations after procuring underground loans. And while procuring these loans was usually intended to avail the borrower temporary financial relief, the long-term repercussions associated with these loans often leave borrowers in perpetuated financial crises.

With then recent innovations in the lending industry, however, innovative new financial services has since emerged in the market. Through these innovative new financial solutions, borrowers now have far better alternatives. Because these new loan solutions allow the convenience of better and more affordable interest rates, borrowers now have more flexible choices despite their bad credit.

And while application procedures for most of the conventional loans that traditional lending firms or institutions have to offer often entail long hours of waiting in extremely long lines to secure and submit applications, whose approval and release of funds take even longer waiting — applications for these innovative new loan solutions involve very little waiting, if any, at all.

While the processing of applications in these conventional loans stretch out from days to even weeks on end — applications for these new financial services can be processed instantaneously after they are completed and submitted over the internet. With these innovative new financial services, borrowers can even submit their applications right out of the comfort of their own homes, for their applications to be processed immediately after their submission, and where their approval can take as little as just a few minutes. The release of funds for approved applications, on the other hand, can be expected on the same day that the application was submitted. Because or the fast processing of these loan solutions, they make make excellent financial options in times of urgent situations.

Getting the Best Loans for Bad Credit

While in the past, individuals with poor credit scores and bad payment histories were had very few and often undesirable choices when it comes to addressing problems in their finances, the incessantly increasing number of borrowers with bad credit has somehow paved the way for the evolution of the industry. Because of the uncontrollable rise in number of borrowers with poor credit, a whole new market was somehow created. And as the demands for innovative new financial services have steadily increased, it wasn’t too long until lenders finally took notice. In an attempt to address this pressing need of the newly created market, lenders were pressed to adapt to the ongoing changes. The recent (and continuing) evolution in the lending industry, coupled by the incessant advancements in technology, has paved the way for the birth of many new innovative financial services —all of them specifically intended for borrowers with bad credit.

Through these newly created innovative new financial services, borrowers now have access to more affordable, more flexible, much more secure, and far easier to procure financial solutions. Because these types of piggy bank loans do not necessitate from borrowers any more additional requirements, they’re far much simpler to secure, and getting approvals for these loans are usually much easier. With loans for bad credit, borrowers need not endure their financial crises knowing there’s nothing they can do, due to their bad credit. Through the continuous innovations in the lending industry, the many varying needs of borrowers with bad credit can now easily be addressed with the new innovative financial services that are now easily available to the borrowers in the market.

How to Get the Best Loans: Instant Loans

Of all the innovative new financial solutions that borrowers now have access to in the market, instant loans are often the most sought after and most popular among these loans. Because instant loans are loans that can be secured without all the waiting, these loan solutions make the best options in times of urgent financial situations. Through these types of loan solutions, unexpected expenses can now easily be addressed.

In addressing situations involving urgent home repairs, car repairs, hospital bills and other unforeseen costs, instant loans make good options. These types of loans are also ideal in making relatively small and affordable purchases that borrowers just couldn’t get themselves to save up for some reason — such as that of new appliances, new gadgets, new furnishings, and other similar purchases. Instant loans also make great options in paying for other miscellaneous yet equally important expenses, such as that of dream vacations and travel expenses.

With instant loans, borrowers’ applications are processed immediately after their submission. And because their processing is immediate, their approvals can take as little as just mere minutes. Through these types of loans, borrowers can expect the release of their loans in just a few hours after their applications were submitted. But while these innovative new financial services have undoubtedly numerous advantages, they do not always make great options in every financial condition. Because these loans are basically small loans that lenders allow borrowers to repay over short term payment conditions, they can not address financial conditions that require more complicated and more elaborate financial solutions. In situations that call for loans in much bigger amounts than what these loans are able to yield, borrowers are better off securing loans in longer payment term conditions.

How to Get the Best Loans: Guarantor Loans

Because most financial solutions intended for borrowers in bad credit conditions are small loans to be paid over in short terms, many borrowers in more complicated financial situations are led to believe that they have no other alternatives. But with secure loans such as guarantor loans, borrowers can now enjoy the benefits that used to be exclusive to borrowers of the conventional loans of traditional lending institutions — even despite their bad credit. Through these types of loan solutions, borrowers can now avail of loans in bigger amounts which they can pay over in longer payment term conditions. With these types of loan solutions, borrowers can now enjoy the benefits of much lower interest rates at far more flexible and much longer payment term conditions. And because these guarantor loans are secured loan services, lenders tend to be more lenient.

Guarantor loans are loans that borrowers can secure with the help of guarantors. Guarantors can be anyone of good credit standing willing enough to pay off the borrowers’ loans in case they fail to repay them for any reason. They can also third party firms that borrowers can make arrangements with, but they can not be the borrowers’ spouses as they are generally considered co-borrowers in loan agreements.

While these types of loan services do offer borrowers numerous advantages, the sheer difficulty of finding people willing enough to take on the difficult roles of guarantors often hinder borrowers from availing of these loans. For this reason, even though guarantor loans actually make good financial solutions, they don’t always make the most plausible options.

How to Get the Best Loans: No Guarantor Loans

For borrowers who may find it impossibly hard to enlist the help of guarantors, no guarantor loans make better financial options. Through these types of loan solutions, additional requirements are no longer needed, and borrowers can expect for their applications to be processed as soon as they are submitted.

Procedures for applications often vary from one lender to another, but applying for no guarantor loans typically involve just a few steps:

  1. Registration. Because applications for these loans can be conveniently completed online, borrowers need only register and fill up their applications online. In filling up these forms, however, borrowers are urged to ensure that all the information required are provided.
  2. Submission of documents. While these loan solutions do not necessitate the submission of any additional requirements, borrowers are required to submit a number of basic documents. These documents are usually required by lenders for verification purposes, and may include any of the following requirements:
  • Identification cards (as proof of identification)
  • Latest statement of account (as proof of income)
  • Social security
  • Residential number
  • Updated contact details (including a working phone number and email address)
  1. Application submission. In submitting their applications, borrowers are strongly encouraged to ensure that their application forms are duly filled up with all the correct and required information, and that the documents to be submitted have been duly verified as not only complete but also authentic. Failure to comply with any of the lenders’ requirements may lead to unnecessary delays in the processing of the borrowers applications, and in some cases, even result to their outright rejection.
Finding the Best Loans: Is Borrowing from Direct Lenders Any Better?

There is a common belief among many borrowers that borrowing directly from the lenders will yield far more savings than securing loans with the aid of loan brokers. But while it might be true that procuring loans directly from the lenders saves borrowers the fees that they’re supposed to pay the brokers, securing loans with the assistances of loan brokering firms actually yield far more benefits than borrowing from direct lenders.

Because loan brokers often provide borrowers expert assistance in seeking out the best loan solutions according to their unique financial situations, borrowers are ensured that they won’t be making the mistake of getting loans that are not helpful given their unique financial conditions. And since loan brokers have extensive connections to many different lenders across many different regions, they have complete access to all the deal and promotions that lenders are currently offering across all their services. For these reasons alone, borrowers are ensured to have more chances of saving than they do should they opt to borrow directly from the lenders. And while they might save by not having to pay for loan brokers’ minimal fees by borrowing from the lenders directly, the benefits that they receive in the long term by availing of the assistance of loan brokers far outweigh any advantage they might get from borrowing from the lenders directly.

In securing loans —  they through the loan brokers or directly from the lenders — borrowers are strongly urged to take precautionary measures to avoid being defrauded by fraudulent organisations posing as legitimate lending or brokering firms.

5 most recent personal loan reviews

Review of Colonial Second Charge Loans

I love CSC loans I have been with them nearly three years, need a top up as my son is getting married. They where brilliant as usual, no problems, done so quick - they were my life savers when needed most, thank you.

Review posted by Mary Hartnoll, Canterbury

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Together

As guarantor for my daughters, loan the service we got was quick and efficient, did checks, asked questions and all was sorted very quickly, would definitely recommend Together loans to all.

Review posted by Susan Mills, Darlington

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Shawbrook Bank

Brilliant service. The application process was a doddle, the Shawbrook representative who called me was polite, understanding and cheerful. The whole thing (from starting the application process to receiving the money) took around 3 or 4 hours. Very quick and efficient and no long or silly forms to fill out. Just what was necessary. Am very pleased I chose Shawbrook.

Review posted by John Marcus, Surrey

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All reviews have been sourced from the UK Trust Pilot to certify authenticity.

Representative 277.5% APR

Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances

Non-payment could have a negative impact on your credit rating and have increased charges and interest rates.