Same Day Cash – How Quickly Can a Loan Happen?
As with everything in modern life, speed and convenience are highly valued. With the lending practices of traditional banks often being slow and complicated, people began demanding easier access to same day cash. To meet this demand, direct money lenders began offering a range of same day loans that could be applied for quickly and with the minimum of fuss. As such, same day cash loans are now much easier to apply for and can, as their name states, get you the money you need to the same day as you apply. In fact, with most direct lenders featuring online applications and instance decisions, many will guarantee to have the money paid into your bank account just 15 minutes* after your application has been approved.
Because of the speed of delivery, these same day cash loans can be useful for people suddenly finding themselves needing a small loan due to an unexpected emergency, such as a car or home repair. In reality, same day cash loans are used by people who may have difficulty obtaining more traditional forms of credit, such as a loan, credit card or overdraft. Traditional banks rarely lend to customers who may have experienced credit problems in the past, however, our direct lender partners specialise in offering same day bad credit loans. Same day cash loans should not be used as a long-term financial solution.
The approximate interest for borrowing £100
Upwards is a registered trading name of Upward Finance Limited which is an Introducer Appointed Representative of Flux Funding Limited, who are a credit broker, not a lender. Rates between 9.3% APR and 1294% APR – your no obligation quote and APR will be based on your personal circumstances – we compare short-term loans from over 50 lenders to get you the best APR possible for you. Loan term lengths from 3 to 36 months.
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How can Upwards help?
We are a credit broker who is fully authorised and regulated by The Financial Conduct Authority and we work with a wide panel of lenders. By completing a quick online application, we are able to search our panel of lenders to get you the best deal. We use “soft search” technology to allow you to search the market without affecting your credit score. You only have to complete one application and we will get you a decision almost instantly. Once approved, our lenders will aim to send you the money within 15 minutes*.
Because so many lenders now operate in the UK, the market has become very competitive. This is great news for people looking for a same day loan as it means lenders are now offering more loans at lower interest rates. To help you quickly and effortlessly compare the best deals being offered to you, we will use your details to quickly identify the most suitable lenders, including those most likely to approve your application even if you have bad credit. This will save you valuable time and enable you to make a much more informed decision. As with the majority of the loans our lenders offer, same day cash loans are available to both people with good credit scores and those with bad scores. We can’t guarantee success (no-one can), but with our panel of lenders, we’re more equipped than most.
Many of the lenders that we work with specialise in lending to customers who may have experienced credit problems on the past. Our quick and easy online application allows you to apply to multiple lenders with just the one form, all without impacting your credit rating due to our “soft search” technology. We will even get you an instant decision and if approved, you could have your same day cash loan within 15 minutes* Even if you are looking for a bad credit loan we may have the direct lender to help.