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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.

What You Need To Know About Loans

Nowadays, borrowing a loan is easy as long as you can meet the minimal requirements set by the lender. But before you hit apply, it’s important that you know how loans work. With enough understanding of this financial assistance, you will not only save money but your credit rating as well.

Interest Rate

First of all, you need to know that it costs money to get money. The loan you are getting, no matter how big or small it is, carry an interest rate. Therefore, when you give the loan back, you have to pay the principal amount you borrowed plus the interest. On top of this, you may also handle several fees provided by the lender.

That being said, you have to understand the fees and charges associated with the loan and avoid lenders who are not willing to disclose all of it. This is one way to avoid paying for hidden charges. Also, it’s best if you can shop and compare different loans first to know which lender provides the best deal.

Repayment Term

Some loans are offered on short-term, and you may be required to settle it in one lump sum within a month or two weeks. Meanwhile, there are advances offered on long-term or installment basis. This means you can settle the loan in portions within a certain period of time.

Before you get a loan, determine the amount you need to borrow and how much time do you need to settle it.

Qualifying For A Loan

Every lender has its own set of criteria and some may ask for a lot of requirements. Some of the basic prerequisites include your credit rating, employment details, minimum monthly income, and a bank account. The lender will also require you to be on a certain age and to have a UK residency.

In case you’ve met all the qualifications set by the lender, you have a higher chance of getting approved. Now, it’s important that you provide honest information or else, your loan application may be rejected. In case you’re granted, the money will be transferred to your bank account or you can get it directly from the loan establishment.

Payday loans have always been notorious for the high risk that it involves. Since these types of loans are generally aimed at people who have no credit or people with bad credit, financial institutions or lenders charge a high interest rate on the loan. In this article, I’ll be tackling the risk that payday loans involves.

What are payday loans?

Payday loans are loans that offer borrowers a quick cash fix. They are usually small and only for a short-term. Borrowers are necessitated to pay the loan once the next paycheck rolls around, hence the term payday. The process usually only takes a few minutes, so long as you have the necessary information. The cash can be expected to be wired within the next 24 hours.

While payday loans are usually a small amount, the amount to be paid can only be expected to skyrocket from there. The average annual interest rate is around 400% and can even go as high as 700%.

Are payday loans advisable?

Given the information above, I generally would advise anyone to stay away from payday loans. It’s easy to really get trapped in the cycle of payday loans. Most just keep rolling over payday loans to pay the loans but once the cycle has started and once you have become dependent on them, it’s hard to get out of the cycle.

If your financial need is strong, then all the more that payday loans are a bad idea. They only offer a quick fix and can even land you in a much worse position. It is always to best assess your current financial situation to see where you can adjust to avoid getting a payday loan.

What are good alternatives?

If your credit score is the problem then I suggest you improve your credit history first by paying your bills on time. This can work if you are not experiencing an emergency. However, you can also opt to try credit unions who offer small loans that do not charge high interest rates. Whatever happens, it’s always best to avoid taking on a payday loan.