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 ▼

Desperately Need a Loan

If you desperately need a loan, here is how to get help. Many lenders offer financing programs for those who desperately need a loan. Desperate loans usually come with a simple loan application, making the process quick and hassle-free for borrowers. What’s great about these loans is that you can be approved immediately if you meet the requirements, and you can have the money on the same day.

These cash loans are for anyone, including people with bad credit. These loans are also handy for people with no established credit yet because it’s their first time to borrow. Fast cash loans are also suitable for those who are unemployed and relying on benefits or other sources of income. These people usually have difficulty getting a loan from banks and traditional nonbank lenders.  Many online lenders provide cash loans like this to all types of people with different credit scores and financial backgrounds.

Instant approval loans are for those who desperately need a loan. You take out these loans with no employment and income verification. These loan options offer financial assistance for all those on difficult times especially when there is an emergency expense. Instant loans like these don’t require faxing and many paperwork. Transactions that are desperate loans online can be done outside office or banking hours, providing convenience and more privacy for applicants. Application can be competed and submitted within minutes, and money will be on your hands within the day.

Do You Desperately Need a Loan

Desperately Need a Loan

Lenders have been able to provide cash loans to thousands of people in very different financial situations, who desperately need a bad credit loan. Lenders review the applicant’s case and customise a cash loan that will best work for them. If you apply for these loans, you’ll just have to present a proof of your income, whether it is from employment or other sources. You also need to be of legal age with an active UK bank account.

Some lenders will ask a lot of information and documents from you, and will have you waiting on the phone for hours while you are applying. You will be asked to fill out and fax forms when you apply for a cash loan through these traditional lenders. But with instant cash loans, there is no waiting in line or waiting for days. When you desperately need a loan, look for instant online cash loan lenders to provide you with the funds immediately.

When you need money urgently, find a loan that can be used for any personal reason without having to explain elaborately why you need the loan. Take out a loan from non-mainstream lenders if you struggle to get a loan from banks and other traditional lenders. This is usually the case if you have a low credit score especially if you need a loan desperately.

When you desperately need a loan, there are many types of loans in the UK you can choose. You’ll find short-term and long-term loans, secured and unsecured loans, personal loans, and other unique loans for specific needs. Whether your credit record is good or bad, there is a loan for you.

While many lenders advertise very attractive loan products, only accept loans that you can review interest rates and fees first, and have low payments that you can afford to pay each month. Be very careful when choosing a bad credit loan lender. Apply only to direct lenders you trust. Review the loan’s terms and conditions and only accept loans you can afford from reputable and authorised direct lenders.

Your monthly loan payments is based directly on the loan amount and the repayment period if you are desperate for a loan. Since these loans are for emergency purposes, interest rates are affordable for convenience. However, these loans usually come with a much higher interest rate compared to bank loans. Moreover, a loan over a term of three months will have a higher monthly payment than a loan stretched over three years.

Options when you desperately need a loan:

You’ll find many sorts of loans in the UK, providing financial help for all people in need of extra cash even those with bad credit. When you desperately need a loan, you can opt for payday loans, bad credit loans, emergency loans, and other unsecured and secured loans.

Payday loans are quite popular among people in need of cash desperately. Payday loans, also called cash advances that are offered by lenders online are the fastest way to obtain the funds you desperately need. Once you get a thumbs up on your application, fund transfer is done the same day.

As long as you meet the basic requirements, it is a guarantee you will be approved for these loans. What’s important is that you can show you are capable of paying the loans. Other general eligibility requirements include the following: you must be at least 18 years old, must have an income, and of course a resident of the UK with an active bank account.

Lenders may not do hard credit check, but they will look into your ability to pay your debt, and other personal information to determine how likely you are to make the repayments successfully. With customizable repayment plans tailored to your personal circumstances, you can get a loan fast with unnecessary fuss. Once you apply on their website, they will reach out for you and carefully create a repayment plan that best fits your budget.

Unsecured loans such as payday loans have a very high interest rate because lenders will see you as a high-risk borrower. On the flipside, secured loans and loans with a guarantor have lower interest rate because your loan secured and guaranteed. When you desperately need a loan, a secured loan can be very helpful in obtaining a less costly loan because you will be using a personal asset against your debt. The asset can be your house, your car or jewelry, and other valuable items you personally own.

If you cannot qualify for a secured loan or if you are not willing to have any of your personal assets to be put up as loan collateral, you can get someone to help you get a loan. You can have a guarantor or take out a joint loan.

A guarantor will co-sign your loan, guaranteeing that he or she will pay your loan in your behalf if you cannot may repayments anymore. The guarantor must have good credit and stable income. A joint loan is almost the same, except that both you and the other borrower will have equal repayments for the loan.

When you desperately need a loan, you must know you have a lot of options. Just take time to shop around and compare the loan offers, the rates, other loan features, and the lender itself.

What To Do Desperately Need a Loan

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.