What is a quick cash loan?

A quick cash loan is a loan paid out quickly, usually within 24 hours. Here at My Quick Loan, we do offer quick cash loans but they are paid into your account which you can then withdraw in cash.

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Quick Cash loans

Quick cash loans can be a convenient way of covering costs when you need immediate money, such as a leaking radiator that needs urgent repair.

Quick cash loans can be used to be cover whatever your needs, and because UK lenders understand that sometimes your needs simply can’t wait, in most instances you will receive your loan the very same day.

Please note: We don’t offer cash loans, all loans will be transferred into your bank account where you can then withdraw the cash.

How much can I apply for?

Quick cash loans can vary from £100 to £5,000 but are usually taken over a shorter period of time and therefore tend to be smaller amounts of borrowing.

However, if you do need to borrow a loan of a higher amount, you can still apply for payday loans low apr and request for your repayments to be made over 6 months+. The final term will be agreed upon with a lender subject to approval and affordability.

How will I receive my fast cash loan?

We offer a loan instant approval if you get approved by a lender. If approved, you will be able to request how the payment is sent to you with the lender that you are matched with. Ordinarily, our fast loan will be paid into your bank account despite the name “cash loans”.

Quick Cash Loans by My Quick Loan

Will a quick cash loan affect my credit score?

Applying for a cash loan today will appear on your credit report, as this is how you build a credit history that helps lenders base their decisions to borrow from you or not.

As long as you meet your repayments and make the payments on time, then a cash loan today will not leave a negative footprint on your credit score.

How much will you charge me for a same-day loan?

We won’t charge you a penny upfront to use our same day loans online services, we are free for you to use.

You will pay back to the lender the amount that you have borrowed, plus the agreed interest on top of this value.

We may receive some commission or a fee from the lender. It’s important to read the lender’s terms and conditions before agreeing to the loan, to be sure that you understand the interest amount that you will be charged.

What should I do if I can’t afford to make my payments?

If you are struggling to meet the repayments of your quick cash loan, then you will need to contact the lender directly that you are in agreement with.

They will be able to help you so please do not be worried about contacting them. All lenders will have procedures in place to help people who are suffering financially and will be more than happy to discuss options with you.

Ready to apply for your quick cash loan?

Things to consider before applying is to ensure that you can afford to make the repayments. When you’re ready to apply simply click on the apply now button and fill out the quick and easy application form. You will then receive a lending decision within minutes, and if approved, redirected to the approved lender where you will finalise your quick cash loan application before receiving the funds.

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

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