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.

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Loan amount
£200 - £1,100
Loan term
1 - 4 Months
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Loan amount
£100 - £2,000
Loan term
1 -12 Months
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Desperate Loans

In a financial perspective, life comes at you in ways you likely expect it to. Sometimes you just have enough or even more money than you need, but sometimes you just find yourself with nothing, but empty pockets. You may find yourself in need of a loan right now and you just want some financial assistance.  There are so many unknowns in a lifetime that can have you desperately in need of money.

What are Desperate Loans?

Desperate loans are credit that is typically for those who are currently in financial hardship. These are loans intended to provide emergency funds to those in need regardless of credit or financial situation. A desperate loan can be used for any personal purpose. It is usually for people who struggle to get a loan approved from banks and other traditional lenders due to low or poor credit rating.

The monthly payments for these loans vary from person to person depending on several various applicable factors. These loans provide instant financial relief and flexible terms. You can get the funds for the loan term you find most suitable for your need. For a smaller amount, you may only need three months to repay it, but a larger loan amount may be settled over three year.

The purpose for these flexible monthly loan payment terms are to ensure that your payments fit comfortably into your budget, which means you could afford them and not struggle financially even more. It also means you’ll have a reduced rate of late payments and improve, if not maintain your credit score.

The loan term is going to have the most direct influence on your monthly bad credit loan payments. Since these loans are for emergency purposes, interest rates are affordable for convenience. However, a loan over a term of three months will have a higher monthly payment than a loan spread over three years.

Amazing Benefits You Could Easily Get from Desperate Loans

Desperate Loans in the UK

In reality, it will take you some time to recover from a bad credit score and, ironically, you’ll need more loans to put your credit back in shape. While many lenders refuse you a loan if you have a bad credit, there are some that offer loans specifically for your status. Just make sure to pay back on time to build your credit rating again.

Desperate loans are for all people in need of extra funds even those with bad credit. In the UK, you’ll find all sorts of loans that lenders offer to cater to different personal and financial needs. Desperate loans, specifically, in the UK includes payday loans, bad credit loans, emergency loans, and other unsecured and secured loans.

Payday loans are the most common type of credit for people in desperate need of loan. Online cash advance is the fastest way to obtain some funds as well. It is the easiest way to get a loan quickly. Just fill out their online loan application today and you can have your funds the next day.

Good credit, bad credit or no credit, you can qualify for these types of loan today. As long as you meet the basic requirements, there won’t be a problem on your application. You must be at least of legal age, must have an income, and of course a resident of the UK.

Lenders may not do hard credit check, but they will look into your ability to pay your debt, and trust that you’ll keep your word. Unsecured loans such as payday loans have a high interest rate because it is risky on the part of the lender. Secured loans, on the other hand, have lower interest rate because your loan secured against any asset you own. Know this if you need a loan desperately.

The benefits of these desperate loans, however, are also worth the cost. With these loans, you can avoid the hassle of filling out lengthy forms and preparing required documents. No long waits and there are no tedious credit checks for a desperate loan because these loans are designed to help those who desperately need them. It makes it even easier and faster for you to get these loans if you have a good credit history.

With customizable financial payment plans tailored to your budget, you can get a loan fast with no credit check from these lenders. Once you apply on their website, they will contact you and carefully form a payment plan that best fits your needs. These bad credit loan lenders offers a wide variety of short and long-term loans, interest rates, and monthly loan payments.

Instant Desperate Loans in the UK

Instant approval desperate loans are for those in financial hardship. You take out these loans with no employment verification and no income verification as well. These loan options offer financial assistance for all those on difficult times not just for people with high income and good credit.

It is understood that everyone has the occasional money problem or unexpected expense. That’s why you’ll find lenders providing these instant approval loans that are completely online for added convenience. These loans don’t require faxing or other documentation. Transactions online can be done outside office or banking hours, and some offer 24-hour service.

Desperate loans are easy to be approved for with cash application process for only three to five minutes. Moreover, most people are funded the same day or in one hour after approval.

Note

Financial problems require immediate attention. If you are in desperate need for cash, you want a loan that you could get that would allow you to get money quickly. Fortunately, such loans exist. However, don’t be hasty in agreeing to a loan offered to you on your first inquiry.

When researching loan companies, do not ever consider a company who hides their interest rates, fees, and penalties. The law requires all loan companies to be transparent to their consumers, and to reveal all the relevant information, before a person applies for a loan. Companies that don’t provide this information could be attempting to trick you into agreeing to pay huge interest rates.

Keep in mind that you have many options as you think, even if you have a poor credit and in desperate need of cash. Go to direct lenders so you can save some time and save on fees. If you get a good deal, take the loan as your chance to improve your credit rating by making payments on time.

Instant Cash Help from Desperate Loans

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.