What is a quick loan & how do you get one?

Quick loans are a short-term or personal loan that is usually paid out on the same day. These are also called same day loans.

How to get a quick loan? You can apply with My Quick Loan, we offer loans with fast payout. Our loans start from £100 to £5,000.

For more information regarding fast loans in the UK please read a full guide and FAQs below.

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Quick Loans in the UK: Fast, Reliable, and Transparent

Emergencies are unpredictable, and when they strike, time is of the essence. At My Quick Loan, we understand the urgency that comes with unexpected expenses. Whether it’s a car repair, a broken appliance, or any unforeseen financial challenge, our quick loans are designed to offer relief when you need it most.

What is a quick loan? Well, it refers to financial products designed for fast approval and payout. Typically sought by individuals in urgent need of cash, these instant loans often have a streamlined application process, allowing borrowers to access funds within the same day of application.

The My Quick Loan Process: Simple, Swift, and Secure

Quick & Easy Application Journey

Applying for an easy loan with My Quick Loan is straightforward. Begin by exploring our user-friendly platform. With just a few clicks, you can submit your application, providing the necessary personal and financial details. Our process emphasises both simplicity and speed, ensuring you’re on your way to securing the financial assistance you need swiftly. And the best part? You’ll receive your funds the same day.

Loan amounts and Period

With My Quick Loan, you can borrow £100 to £5,000 over a period of 3 to 36 months. These loans will be paid out on the same day. There are no fees attached with My Quick Loan, our services are 100% free. The representative APR is 79.5 (variable). To work out your APR you can use a free online loan calculator or use our free & quick quote form.

Please check with the direct lender about early repayment penalties, it is important you are fully aware if there are any.

Important: If you fail to repay your loan on time, this can cause serious problems with your financial credit score and may be resolved in a CCJ.

Transparent Terms with No Hidden Surprises

Transparency is at the core of our operations. When you opt for a quick loan with us, you’re presented with clear terms, ensuring you’re fully informed every step of the way. Our APR example provides a clear picture: Borrow £1,000 for 18 months, with repayments of 17 months at £87.22 and a final repayment of £87.70. The total amount repayable is £1570.44 with an annual interest rate of 59.97%.

As part of our commitment to transparency and responsible lending, we conduct a credit check on all applications. This helps us assess your financial stability and repayment capability. While credit history is considered, it’s not the sole criterion. We look at the broader picture, focusing on your current financial situation.

Regulated and Responsible

Your trust is paramount. We’re regulated by the FCA, ensuring that our operations align with the highest standards of integrity and professionalism. If you ever find yourself struggling with debt, we recommend seeking guidance from moneyhelper.org.uk, a trusted debt charity.

Requirements for a Quick Loan

To ensure a smooth loan process, applicants should meet the following criteria:

  1. Age: At least 18 years old.
  2. Residency: Reside in the UK.
  3. Employment: A steady source of income.
  4. Bank Account: A valid UK bank account.
  5. Contact Details: A valid email and phone number.

Educational Resources and Risk Involved

We have a full quick loan guides section, helping you with any questions or education you might need regarding your quick loan. We want to make sure you are fully equipped with all the right information before you proceed with any loan.

While quick loans offer the convenience of fast access to funds, like all financial products there are risks involved. Borrowers may face higher interest rates compared to traditional loans, leading to increased financial strain if not managed properly. It’s essential to understand the terms fully before committing. Missing repayments can adversely impact your credit score and result in additional charges. Always borrow responsibly, ensuring you have the means to repay on time, and consider seeking financial advice if unsure about the implications of taking out a quick loan.


Unfortunately, scammers have cloned our brand to fraudulently try to take the money of innocent people. You can read this article from the FCA explaining how My Quick Loan is a legitimate company and what to do if you receive any calls from someone claiming to be My Quick Loan. Please remember My Quick Loan will never call or ask for money upfront, our services are 100% free to use.

Why Choose My Quick Loan?

  1. Speed is Our Specialty: When you need a quick loan online, speed is paramount. Our streamlined application process is not only simple but incredibly swift. Customers receive their funds on the same day, ensuring that financial hiccups don’t turn into prolonged hardships.
  2. A Network of Trusted Lenders: We pride ourselves on our extensive network of FCA-approved lenders. This vast panel increases your chances of securing a loan, as your application is viewed by multiple lenders, maximizing the possibility of approval.
  3. Award-Winning Service: Our commitment to excellence hasn’t gone unnoticed. We’re proud to be recognised as the “Best Loan Company 2023”, a testament to our unwavering dedication to serving our customers. Read more about our award here.
  4. Transparent and Professional: In the world of fast loans, clarity is crucial. We ensure that our terms, conditions, and processes are laid out transparently, leaving no room for ambiguity. Our professional approach ensures that you’re always in the know, from application to repayment.
  5. Compliant: We make sure we are fully compliant with the FCA regulations, we do this through a finance checker – Shanie Capper reviews all our work to make sure it falls under the correct regulations. We also have a second check completed by T DOT UK. All our work is checked and compliant with FCA & ASA regulations.
  6. Safe & Secure: All data is stored safely and correctly under ICO regulations.
  7. My Quick Loan Reviews: Our 5* ratings echo our customer-centric approach. But don’t just take our word for it. Here’s what our customers have to say:
    • “I needed a quick loan and came across My Quick Loan. The site was fast, and the application form was easy. Got my money in minutes as stated.” – Jill Trafford
    • “Quick, Simple, and super easy to use.” – Lily Brassington
    • “Really helpful to me when I needed some urgent cash. Excellent service.” – Sreedhar

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FAQs: Quick Answers to Your Fast Loan Queries

How quickly can I receive my loan?

Most of our customers receive their funds on the same day. Our focus on speed ensures you get the financial assistance you need without unnecessary delays.

Are there any hidden fees on your Payday Loans?

No, all our payday loans terms are transparent, and we ensure that all charges are clearly communicated upfront.

What makes My Quick Loan different from other lenders?

Our vast network of FCA-approved lenders increases your chances of loan approval. Additionally, our award-winning service, fast servers, and commitment to transparency set us apart.

How can I contact customer support?

We’re here to assist! You can reach out to us via phone or email for any queries or concerns.

Can I apply for a quick loan if I have bad credit?

Yes, at My Quick Loan, we understand that financial challenges can affect anyone. While credit checks are a standard part of our evaluation process, having bad credit doesn’t automatically disqualify you. We work with a vast network of FCA-approved lenders, some of whom specialize in lending to individuals with less-than-perfect credit histories.

Do you offer quick loans with no credit checks?

We believe in responsible lending, and credit checks are an essential part of this process. However, our primary focus is on your current financial situation rather than past mistakes. While we do conduct credit checks, they are just one of many factors we consider when reviewing your application.

Why is responsible borrowing important?

Responsible borrowing ensures that you only take out loans that you can comfortably repay. It helps in maintaining a healthy credit score, avoiding unnecessary financial strain, and ensuring that fast loans remain a helpful tool rather than a financial burden. We always advise our customers to borrow responsibly and ensure they understand the terms before committing.

Ready to apply for a quick loan today?

Are you ready to apply? If you feel like you have all the information required for you to apply for a quick loan, please proceed to our application form.

Warning: Late repayment of payday loans can cause you serious money problems. For help, go to moneyhelper.org.uk.