Your wallet might be empty at a sudden notice!
Or you are probably facing a difficult situation, the only cure of which is money and that too by 5 minutes.
Well, think less and grab that mobile phone from your pockets to send us an SMS. The next thing you will know is another SMS pinging you that your bank account has just received an amount.
Yes, you just need 5 minutes (or less) to bring the money in reality from your head!
A mobile text loan is a short-term loan that you can take out anytime and anywhere. You can borrow a small amount of money with this loan from 3 months to 12 months. You don’t bother about collateral as it is a personal or unsecured loan. Take out the money and use it for whatever cause is important to you.
Nevertheless, we are compliant with borrower rights in the UK. We only ask for those personal details that are necessary for the loan approval. We do not disclose those details to any third party without your consent. Besides, we keep transparency in our loan rates. You only need to pay the interest or other rates mentioned in the initial loan quote. Don't worry about any surprise fees.
Also called text payday loans, these lending options work in the payday loan sense. You can take the money out and repay it within your next payday. If you choose a longer duration, we will help you with the repayment terms and monthly instalments.
Remember, you should be aware of the consequences of missing payments. Doing so will add extra charges to the loan cost, and there will be a credit score impact. To avoid the penalty, repay the loan as per the given schedule. However, we do welcome early repayment. Not only does it help us, but it also contributes to building credit for you.
Loans within 5 to 10 mins with no guarantor
Zero paperwork
Available ANYTIME & from ANYWHERE
Special text loans for bad credit
Easy and Affordable Loan Terms
Money sent straight to your account
These features make the loans particularly suitable for your financial situation. Still, you should understand the possible short-term loan risks. You need to pay higher interest rates, similar to those of high APR payday loans in the UK. Apart from that, defaulting on a loan will straightaway affect your credit score.
As we tell all of our borrowers, there is no definite answer to that. A loan amount in this way depends on your income and affordability. We are here to discuss this with you, of course.
Still, for the part of formalities, we have provided some data below on possible text loan limits in the UK:
| How Much Can You Borrow? | How Long Do You Get to Repay the Loan? |
|---|---|
| Affordability loans from 1000 pounds to 3000 pounds | From 6 months to 36 months |
Don’t you think it is suitable? Well, we have some alternative options of a mini text loan from a direct lender online.
When you are looking for a text loan from direct lenders only, you can know that any direct lender you search for will always have many alternative options for you. Here are the ones we offer:
Bad Credit Loans
A loan for the borrowers suffering from a poor or a very bad credit score. Take out the loan and make the pending credit card payments along with the loan payment in time. You will see an improvement in your credit score.
However, there is a risk of high interest rates due to increased lender’s risk. In addition, defaulting on the loan will add more to the loan cost.
Short-Term Loans
A short-term loan can be as easy as a text or payday loan. It is offered in lower amounts for a shorter period. Take it out and make your pending payments quickly.
These are also the high-interest rate loans, and therefore, you should apply for them when there is an extreme need for funds.
No Guarantor Loans
A no guarantor loan is as fast as a mobile text loan because it is quickly offered to you. There is no need to wait for guarantor verification, as it might take some extra time.
These will be the small loans only for a shorter period. You cannot obtain long-term loans without a guarantor, or you must add collateral to secure the amount.
Unemployed Loans
Are you unemployed? But need a quick loan right now? Check out our unemployed loans, which can help you pay your bills. No worries about the loan repayment as you get competitive prices and flexible plans.
You need to be sure about your affordability and should borrow according to the recent earning from part-time, freelancing or benefits.
An easy text loan works as a rescuer in many situations. Whether or not you are a simple person looking for an emergency amount or an entrepreneur to finalise investment decisions, you need the assistance of a quick loan.
With the fast approval and less paperwork, you can come to a conclusive decision very soon. To know more, you can look at the following table:
Solve Emergencies
Take out a loan in minutes to solve emergencies in an instant.
Make Quick Investments
Don’t make investment decisions. Wait for lengthy paperwork and loan approval time.
Pay Bills
An SMS Cash Loan helps a lot in paying a pending bill.
Buy What You Want
Don’t miss the limited period offer because you have got the text loans from a direct lender in the UK.
Fix Your Credit Scoree
Improve your credit score by taking out a text loan for bad credit.
You Don’t Need a Guarantor
These loans are given without a guarantor, which makes them so quick.
Of course, there is! Many debtors or borrowers come to us with a poor credit rating. They get to know that there is a text loan for bad credit, to their surprise.
The features of our bad credit text loans are mentioned below:
What we do is that we make a soft credit check. A soft credit check is but the method of examining your credit history. This process is not going to affect your loan at any point. However, a hard affordability assessment can be done later if we want further review of your credit profile.
Here is the clear explanation defining the basic soft vs hard credit check differences in the UK:
| Aspect | Soft credit check | Hard credit check |
|---|---|---|
| Meaning | A quick but small review of your credit history to know how much you can afford | A detailed review of your credit profile |
| Who can monitor? | Only you and even lenders cannot see it | It is shown to every lender and credit reference agency |
| Credit score impact | No effect on your credit score | It may have a credit score impact |
| When does the lender use it? | Lenders use it to give pre-approval or to analyse the individual’s affordability | It is used to make the final decision on the loan. Besides, it is also used in credit cards or mortgages |
All this talk of a credit check can make you wonder if you will get a text loan from direct lenders with no credit check in the UK, right?
In an age like this, quick money is a necessity. We won’t let a bad credit score hinder it by our bad credit text loans.
But you already know that!
We also offer text loans with no credit check with all direct lender facilities in the following circumstances:
You Have a Really Good Credit Score -If your financial record carries a good credit score, we will skip the credit check anyway. We can directly check your requirements and give you a solution.
You Have an Income That’s Reliable -If you are working part-time or full-time, but you are showing us the proof of your income, we become sure that you can repay the loan on your next payday. It also ensures you can pay the instalment bills in case of monthly plans.
You Don’t Use a Credit Card -Are you a student? Are you not a credit card holder? Is your credit card stolen? Well, you need not worry. All you have to do is to find a direct lender like us who can aid you with an instant text loan with no credit check.
You Are a First-Time Borrower -If you are borrowing for the first time, you don’t need a credit score to get you the loan. We will run a check on your income and send you the loan as soon as possible.
Despite these facilities, an affordability check will be conducted, as it is mandatory to offer you a loan according to your repayment capacity. It won't impact your credit score. Instead, it will help in credit score rebuilding if you repay the loan on time.
You have to consider some areas carefully for applying for a loan of this kind.
A text loan can come in a variety of ways. To avoid confusion, we have sorted out the following methods for you
Taking out a mobile text loan is as easy as an ABC because all you need is a simple text message. In all of the cases, a text message approves the loan. Then you get all the formalities happening on their own.
| Step 1 | Send Us a Mobile Text Message | Grab your mobile phone and send us a simple text message only to inform us you need a text payday loan. |
| Step 2 | We Respond Back to You Instantly | As soon as we receive your SMS, we set to work right away to analyse your loan requirement. |
| Step 3 | We Approve the Loan for You | We are quite adept at checking your financial demands very fast and will notify you of the approval in less than 15 minutes. |
| Step 4 | The Loan Is Transferred to Your Account | Once analysed and verified documents, we offer you the money in your bank account within 24 hours…GUARANTEED. |
| Step 5 | Receive the Loan and Discuss it with Us | After you receive the money, do inform us of the transaction. We can also sit down with you now to discuss the repayment terms comfortably. |
Here is the representative example of APR and total loan cost according to the amount of £2,000 for the period of 24 months:
| Loan amount | £2,000 |
|---|---|
| Repayment term | 24 months |
| Representative APR | 39.9% APR |
| Monthly Instalment | Monthly Instalment |
| Total repayment cost | £2,839.68 |
| Total interest to pay | £839.68 |
Here are the typical text loan eligibility criteria in the UK:
Yes, we will perform a soft credit check on your text loan application. It will just be a review of your financial performance, and we will prepare a loan deal according to your affordability. A soft credit check does not affect your credit score, as there will be no search footprint on your credit profile.
We will not charge any early repayment fee. However, you need to be sincere in the initial repayments without missing any. On the other hand, late repayment will incur additional costs. Contact us early if you have any trouble making an instalment.
Yes, you can trust us in this regard, as each loan policy is GDPR compliant. We will protect your personal data with all possible ways. There will be no third-party whom we share your data without your consent. If you have any doubt on our policy, you can contact us without any delay.
Please mail us your complaint, and our representative will respond promptly. Most of the time, you get a same-day reply, but it may be delayed during the weekend.
A missed payment penalty will be added to the total loan cost. We will be transparent in the fee structure and will inform you before imposing the penalty. However, continuous missed payments or defaulting can lead you towards legal action.
Text loans are not suitable for long-term borrowing, as they belong to unsecured funding. It means no collateral is needed, and therefore, the lender can only allow a small amount to be borrowed. We recommend seeking free debt advice if you're struggling to decide when to apply for these small loans. Never apply for a loan when you already have debts to clear. First, apply for a debt consolidation loan, and then seek any further loans.
Yes, we do.
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