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Same Day Loans UK: How To Get Your Loan Approved In Minutes

Mara asked me the following question:

I recently had a bad experience with money recently and I really wish I would know what to do if the same thing happens again. I was supposed to go somewhere last Saturday but I lost my ATM card together with my purse and remaining cash the night before. All of my cash was in that purse! It was a huge financial emergency! I badly needed cash that day but I was not able to come up with the funds. I ended up cancelling my arrangements. A friend of mine told me about same day loans UK but I was hesitant about whether I should borrow money from same day lenders. Also, I don’t think they are open during weekends, are they? 

– Mara

Same day loans UK have offered many people an almost immediate fix to any financial problems. Some are even open during weekends to accommodate clients that might require funding at times when the most banks are closed. It can be a difficult scenario if you find yourself in need of money and for some reason you can’t access your money until the banks open on a Monday morning.

A number of same day loans UK providers make their lending process a tad easier for many clients with their online applications. Most banks and lending firms require applicants to be physically present at their establishment when they apply for fast loans. For those who are in a hurry, traveling and filling out forms can be time consuming and quite disappointing if their application for cash grants are not approved.

Clearly, same day loans UK have many advantages that really benefit just about everyone, regardless if they have good credit or bad credit history. That said, it is essential to understand that same day cash grants are not designed to address long-term financial situations. These are quick fixes for minor cash worries, not a -aid solution to a major financial setback.

Do you require instant cash to address a pressing financial need? Then perhaps an instant cash loan from lenders that grant them immediately is an option you might want to explore. Here are the 5 top-rated same day loans UK lenders you should check out. Most of these private lenders pride themselves to release immediate loans and fast approval time within 15 minutes.

Sunny Credit

Sunny Credit is rated as one of the top direct lenders in UK that offer quick loans. They offer online application, which provides a great amount of convenience for borrowers. Sunny Credit approves general loans in as fast as 15 minutes and has a low interest rate, making the quick cash company a popular choice among other lending businesses.

Wonga

If you need cash quick, then Wonga should be on your checklist. This small lending firm can offer up to £400 for first time customers. And if you are qualified, your loan application will get an immediate approval within 5 minutes. There are certain requirements you must satisfy though and they are they implement strict compliance on this matter. Borrower should be a UK resident, over 18 years of age, must have an active debit card account, and an active mobile phone number.

Pounds to Pocket

Pounds to Pocket has one the fastest loan approval rates among its competitors. Qualified applications are generally approved within 10 minutes. Like most private lenders, Pounds to Pocket is very stringent with its guidelines like borrower should 18 and above, a resident of UK, has a debit bank account, and can provide details of income.

There are other direct lenders out there that offer quick cash loans and other similar products. It is always best to check out other options and see which lender will suit your needs as well as your qualifications.

Astrid Eira

By Astrid Eira

Astrid Eira is a resident B2B expert of FinancesOnline, focusing on the SaaS niche. She specializes in accounting and human resource management software, writing honest and straightforward reviews of some of the most popular systems around. Being a small business owner herself, Astrid uses her expertise to help educate business owners and entrepreneurs on how new technology can help them run their operations. She's an avid fan of the outdoors, where you'll find her when she's not crunching numbers or testing out new software.

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