What is a 5-15-minute payday loan in the United Kingdom?
A "5-15-minute payday loan" in the UK refers to a short-term loan where lenders promise quick approval and funds transfer, often within few minutes. You can say that this is an instant approval loan. Most often, borrowers apply for such loans in case of emergencies and unforeseen expenses.
The main characteristics of such loans:
- Small amounts
- Short repayment term (before salary)
- High interest rates
To avoid financial difficulties and deterioration of your credit history, we recommend that you carefully study all the terms and conditions and ensure that you can repay the principal amount and interest on time.
You can submit an online application for a quick payday loan on the lender's official website.
As an alternative, you can also take out a personal loan. Your possible expenses:
Personal loan calculations for 1 year (example)
| Amount, $ | Rate, % | Accrued %, $ |
| 5,000 | 6.50% | 176 |
| 5,000 | 7.50% | 203 |
| 5,000 | 8.50% | 230 |
| 10,000 | 8.60% | 466 |
| 10,000 | 9.60% | 520 |
| 10,000 | 10.60% | 574 |
| 20,000 | 10.70% | 1,159 |
| 20,000 | 11.70% | 1,268 |
| 20,000 | 12.70% | 1,376 |
| 25,000 | 12.80% | 1,733 |
| 25,000 | 13.80% | 1,869 |
| 25,000 | 14.80% | 2,004 |
What is the maximum amount for student loans in the UK?
In the UK, the maximum amount you can borrow through student loans depends on several factors, including whether you are an undergraduate or postgraduate student and whether you are studying in England, Scotland, Wales, or Northern Ireland.
It's important to review the specific details for your situation and check with the relevant student finance body for the most accurate and up-to-date information.
You can see the similar FAQ at the link:
- HSBC loan repayment reward offer
- HSBC: how to apply for a loan
- How to claim PPI from HSBC?
- MandS Bank loan calculator
- Where do I fins calculators of Clydesdale Bank?
- Wire transfer in HSBC: how to make?
Details of companies offering the financial services:
Cashfloat
Head office’s address: Office 8. 2A Highfield Avenue London, NW11 9ET
Contact center: 020-3757-1933
Web-site: https://www.cashfloat.co.uk/
Creditstar UK
Head office’s address: 17 Hanover Square, London, W1S 1BN, United Kingdom
Contact center: 020-3695-7544
Web-site: https://old.creditstar.co.uk
fancyapayday
Head office’s address: 470 Holdenhurst Road, Bournemouth, Dorset
Contact center: +44-330-223-0177
Web-site: https://fancyapayday.co.uk/
Fast Loan UK
Head office’s address: Shire Park, 2 Falcon Gate, Welwyn Garden City AL7 1TW
Web-site: https://www.fastloanuk.co.uk/
Lending Stream
Head office’s address: Lending Stream, PO Box 10756, LEICESTER, LE3 4GX
Web-site: https://www.lendingstream.co.uk
Payday UK
Head office’s address: Payday Loans Limited, The Charter Building, Charter Place
Contact center: 0800-302-9409
Web-site: https://www.paydayuk.co.uk/
Solution Loans
Head office’s address: Hamilton House, 87-89 Bell St, Reigate RH2 7AN
Phone: +44 1737-886-202
Web-site: https://www.solution-loans.co.uk/
Sunny
Head office’s address: London
Web-site: https://sunny.co.uk/
THL Direct
Head office’s address: 470 Holdenhurst Road, Bournemouth, BH8 9AQ
Contact center: 0330-223-0177
Web-site: https://www.thldirect.co.uk/