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.

Personal Loans that are Unsecured

It is so easy to get the finance you need today. Here at KnightFinance we pride ourselves on finding the right payment plan to suit anyone’s individual needs. Whether you are looking to borrow a small amount over a short period or are looking for much larger finance agreement we are able to help. Also known as personal loans or signature loans, unsecured loans are becoming a massively popular alternative to the standard bank loan. What unsecured refers to is how the finance is issued depending on the individual’s creditworthiness. Now when that comes to a bank loan, yes this is regarding your credit score, often making it difficult to get the finance you need. However, when we are talking about a loan that is not from a bank this is not the case. Many companies and lenders will not look at your credit score and will gauge your ability to repay on your current employment. So what is an unsecured loan really? This is quite an easy one, all it means is that the loan is not guaranteed by a property or vehicle. Because the lender does not have a source of collateral, just in case you default on payments for whatever reason, the interest for these loans can sometimes be higher than their counterparts. For those with bad credit, though, they are perfect for getting you back on track.

As a full time student working two jobs to get the bills paid and still being skint all the time, having a short term loan between pay days can be useful. Used Knight Finance after a recommendation from a friend and I’m glad I did. Borrowed just under £200 and paid £212 back, no where near the interest I would have paid elsewhere. Will definitely recommend if you’re strapped for cash and know you can pay it back.

Photo taken by Jonathan Chen

Alexia Newton

Support Worker

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Loan amount
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Loans For People On Benefits Direct Lenders

Pensions and benefits are helpful to sustain your expenses however, it cannot cover all the everyday expenses you’re dealing with always. There will be times when you will need assistance from loans for people on benefits direct lenders to attend to other costs. This is a feasible option when you’re in between jobs or unemployed due to a mental or physical condition.

One of the advances that loans for people on benefits direct lenders can offer are the instant payday loan. It’s easy to acquire and is available whether you have no job or only working on a part-time basis. It’s also a big help to those who have a bad credit rating since most lenders will not use the credit report as the sole factor to determine the borrower’s creditworthiness. Although the lender will still perform a credit check, the rating will only be used to assess your capability to settle the quick loans for people on benefits, the amount you can borrow, and the interest rate to apply. Those who have no credit history can also take advantage of this advance as long as they have alternative sources of fund. If you are receiving benefits or pensions or you are self-employed, you are more likely to get a loan from loans for people on benefits direct lenders. However, it only offers a small amount of cash which may not be enough to buy properties. But then again, since it is quick and easy to acquire, it’s one of the best solutions when you need cash for an emergency expense.

Why You Should Get Loans For People On Benefits Direct Lenders

Uses Of Payday Loans From Loans For People On Benefits Direct Lenders

Payday loans have become popular a long time ago and although it’s specially created for employed individuals, most borrowers are able to enjoy it regardless of their status and credit rating.

Like personal loans, instant payday loans come with no restrictions. You can use it on almost anything you can think of – as long as the amount is sufficient. It can be used to cover sudden expenses or emergency bills such as a broken car or a family member being rushed to a hospital. It is perfect for household expenses, like buying groceries, paying the rent or utility bills. It’s also helpful when you’re applying for a new job or you want to purchase equipment that will cater to your physical or mental condition.

The advance provided by loans for people on benefits direct lenders can also be used as an additional fund to your small business or when purchasing a stock to earn extra income. Payday loans are flexible but it should be used wisely. The convenience it offers comes at an extra price, such as the expensive interest rates. Therefore, it is best used on important matters and only as a last resort.

Are You Entitled To Get Loans For People On Benefits Direct Lenders

Loans for people on benefits welcome those who unemployed; however, it only caters to those who are receiving benefits for at least 26 weeks. If you have just started receiving benefits, there’s a slim chance for your loan application to be granted. In this case, you may talk to loans for people on benefits direct lenders to ask for assistance. You may also look for a loan broker to help you find the right loan provider.

Meanwhile, the amount you need to borrow depends on your marital status, your reliability in terms of getting the loan back, the number of children you have, your credit history, and the savings you have. In line with the credit history, having a good credit increases your chances of getting approved. Meanwhile, having a bad credit remark might get your loan application rejected automatically. In some cases where the loan application might still get approved, the interest rate and other charges are way too expensive to settle.

To become eligible for the direct loan, loans for people on benefits direct lenders will look for an income support, income-related employment and support allowance, and income-based jobseeker’s allowance. To start the application, you can go online and fill out an application form which will require your personal and financial information. Unlike the traditional method, it is easier and accessible because all you need is a laptop and a stable Internet connection. Loans for people on benefits direct lenders will most likely provide the decision immediately and once approved, the money will be delivered to your bank account immediately.

Looking For The Right Loans For People On Benefits Direct Lenders

Loans for people on benefits are easily available, however, most of which are expensive. One way to reduce expenses is to find the right loans for people on benefits direct lenders. You can take advantage of the Internet and look for the cheapest offer. Find at least three to five lenders to know who offers the best rate, customer service, and repayment term. It’s also best to read the terms and conditions to find any hidden charges. You can also read feedbacks to know what kind of lending company they are and the service they offer.

It’s also important to know whether the lender is licensed to operate in your state or not. There are many loans for people on benefits direct lenders out there and you will always have a chance to find the right provider who will help you with your monetary needs. It is also important to consider loans for people on benefits direct lenders who will take personal responsibility of your loan. Not all lenders are willing to communicate in a timely and professional manner, therefore it’s a must that you find someone who will offer such a service. These loan providers should be proactive enough to avoid loan-related problems.

If you’re having a hard time finding the right loans for people on benefits direct lenders, you can look for a loan broker instead. A loan broker is a professional who has a wide access to various lenders, thus giving you a bigger chance to find the right match. To minimize the fee, look for a broker who offers a free service.

What You Could Get from Loans For People On Benefits Direct Lenders

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.