Warning: Late repayment can cause you serious money problems. For help, go to MoneyAdviceService.org.uk
Welcome to LoansChannel

Apply To Borrow from £100 to £25,000*

  • Apply For £ 50 - £ 1,000
  • Fast Payout
  • No Fees
  • Secure Application
  • Available 24/7
  • Bad Credit
  • PERSONAL Loans
  • SHORT TERM Loans
Representative example: £500 borrowed for 5 months. Total amount repayable is £999.85 in 5 monthly instalments of £198.37. interest charged is £491.85, Interest rate 236.1% pa (variable). Representative 481.6% APR.

What Are
Unsecured Loans?

If you don’t have any collateral for a loan, the best option you have is an unsecured loan. Going for an unsecured loan requires no collateral to be approved. However, interest rates are slightly higher than secured loans. Typical unsecured loans are credit cards, student loans, payday loans, and more. Lenders don’t need to do a credit check but interest rates may depend on your credit standing.

Secure Process

The platform is highly secured and protected. You don’t have to worry about the information you provide. The information provided online passes along a secured channel that ensures data integrity and prevents it from being compromised. It is guaranteed safe and secured.

Paid Into Your Account

The payment goes directly to your account fast and without hassle. In just a few minutes, you’ll get the funds that you need when you need it. You don’t have to visit banks while waiting for hours just to get an approval. It is the most convenient way to borrow funds in case of emergencies.

Credit Problems*

Your credit won't be a hindrance when applying with us. The lender doesn’t do credit checks. It is available to everyone regardless of their credit levels. So if you're hesitant about applying for a loan, don't be. Even with poor or bad credit, you can still borrow the funds you need whenever you need it.



Having no collateral to provide, you are still eligible to apply for an unsecured loan. However, in most cases, borrowers with poor credit history tend to have higher interest rates. The repayment terms can also get a little difficult for them. Still, this is the best option available especially during emergency cases. Unsecured loans are available to borrowers even without any collateral as a security deposit.



Examples of unsecured loans are student loans, credit cards, payday loans, signature loans, small business loans, peer to peer loans, and more. Lending companies cannot seize a borrower’s asset if they even fail to make a payment or miss several payments. However, lenders may take you to court in an event where you can’t fulfill the terms of the loan. Failure to meet the terms could severely affect your credit and may prevent better credit opportunities in the future.

Fast Approval Loans

Ever got an email from your bank or from an organization that you are qualified for a pre-approval loan? Here, we’ll talk about what a pre-approval loan is and how does it work.

What is pre-approval?

A pre-approval is when an organization, lender, or bank gives you an unofficial offer for a loan, only waiting for a full approval. A pre-approval doesn’t mean that you’ll immediately get the loan, it just means that:

  • You met the lenders basic requirements

  • What certain amount, rates, and monthly repayment methods on a loan you qualify for.

A pre-approval will be valid for a few months and mostly covers personal loans, mortgages, and car loans.

How or when do I find out if I’m pre-approved.

Most lenders notify you of your pre-approval when they are willing to consider you for a personal loan. Online applications also tend to end in you being pre-approved or being denied basing on your credit score and financial status.

You may have also noticed that organizations, banks, and lenders tend to send you unsolicited emails regarding being pre-approved. This is to entice customers who may not have considered borrowing in the past. Still, it doesn’t guarantee approval.

How the pre-approval process works.

  • Choose a lender and see if you can be pre-approved by said lender.

  • Fill out application.

  • Lender then reviews your application

  • Receive the decision of your pre-approval.

After getting pre-approved, what now?

The lender would then double check all the information that you’ve provided. It usually takes two to three business days for the lender to process your application. And if you do get approved, be sure to thoroughly check the contract and the terms. Think and decide if you still want to push through with the loan.

How long does it take?

For traditional lenders, it may take up to two to three days depending on how big the loan is and how well your credentials are. But online, it will only take a few minutes as your application goes through a software where it evaluates your credentials. And if you do get preapproved quickly, that’s a great sign that you are likely to get approved.

What benefit can I get with a pre-approval?

Getting pre-approved will increase your sign of confidence in making a decision whether to get the other loan or not, especially since you know that you are likely to get approved on your application. It’s a matter of what loan gives you the best terms and rates.

Requirements to apply for a pre-approval.

Now that you know all those benefits you can get from being pre-approved and think of getting one. Here are a few common known requirements that lenders will ask of you:

  • Personal information such as your name, birthday, and your social security number.

  • Your contact details such as your phone number, email, and address.

  • Employment information. Who your employer is and your income.

  • Financial Report such as your expenses and debts.

Bottom line.

Being approved or offered a pre-approval for a personal loan doesn’t mean that you are guaranteed approval. But it can help you make informed decisions.

There will be times when you’ll be needing a quick financial relief for your car repair, pay for sudden fees, or attend to your emergencies and when this happens, you cannot rely on traditional loans to provide you quick cash. Luckily, there are loans that are easy to obtain, such as a payday loan and a cash advance.

In this guide, you’ll know what loans are easy to get when you need money.

What Are The Type Of Loans You Can Get Easily

Payday Loans

One of the most popular loans, a payday loan is one of the easiest, quickest loan options you can get. It requires only a few requirements and often, you can get your loan application approved immediately even with a bad credit remark. Most payday loans are processed on the same day, therefore you can get the cash you need within 24 hours or less.

Personal Loans

Although not as fast as payday loans, the application process for personal loans is simple. It asks for minimal requirements and since no security is required, the loan procedure is completed in a short time. With personal loans, you can easily get the cash you need within three days or less, providing that you meet the lender’s basic requirements.

Cash Advance From Credit Card

When you need cash, you can use your credit card like your debit card and ask for a cash advance. Just enter the card into an ATM, press your request, and get the money you need in an instant. However, be sure to use this option only when you have no choices left. Cash advance often charges a very high-interest rate and it might not be practical to use a cash advance unless you really need it.

Online Loans

Another option you have when you need cash is an online loan. As the name suggests, you can easily get it over the Internet and like other short-term loans, the loan application process is fast and simple. Once approved, you can get your cash on the same day you’ve applied or on the next business day.