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

£50 to £25,000

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Payday Loans

£50 - £995

Tick - OrangeOnline decision

Tick - OrangeResponsible lenders

Tick - OrangeRates 278% to 1576%

Tick - Orange3-12 month repayment

Personal Loans

£1,000 - £25,000

Tick - OrangeInstant Decision

Tick - Orange60-Second Application

Tick - OrangeRates 4.7% to 278%

Tick - Orange3-36 month repayment

Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances.
Not all loan types and amounts are eligible for 20 minute payouts. Your chosen bank may increase the time you receive the funds.

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Loans Paid Out Today

One of the fastest payouts available, most receive their money within 15 minutes.

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Loan amount
1,000 - 7,500
Loan term
12 - 60 months
Customer Scores
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Loan amount
1,000 - 10,000
Loan term
12 - 60 Months
Customer Scores
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Quick Loans in the UK and all the options you can consider even if you have bad credit

There are numerous types of financial and credit products in the UK but when you are faced with a temporary monetary crisis – when cash is short and there is an emergency cost that needs to be covered immediately – quick loans are the ideal solutions to your needs and problems.

When you are in a race against time because your rent will be due in the coming days but your next pay check is still a week away, there are plenty of quick loan lenders in the UK who will provide you with the kind of instant funding that you are looking for. But there are also numerous quick loan options that you can choose from in the market today and the ideal choice will depend entirely on your present needs and circumstances.

With that being said, below are the options that you can consider including those if you have bad credit.

Quick loans that provide same day funding

There are plenty of quick loans in the UK that provide that much needed instant funding that borrowers are looking for. Normally, these financial products are short-term unsecured forms of credit that are designed to be accessed with great speed and ease.

Qualifying for the loans is also easy as long as you are:

At least 18 years old at the start of the application

A citizen or legal resident of the United Kingdom

Have a total monthly earnings that meets or exceeds the lender’s minimum income requirements

Possess an active UK bank account

why choose quick loans

As long as you meet the qualifications mentioned above, completing an application form and getting an approval response from you lenders can be achieved in as little as 15 minutes. When you apply for quick loans in a lender’s physical store, you will have the money that you requested for handed to you in cash after your application has been approved. If you apply for quick loans online, you will have the money deposited into your bank account in the same day or typically in the next business day after the lender approves your credit request.

Two general types of quick loans in the UK

Quick loans generally come in small amounts but because of how competitive the loan industry has become in the UK, there are now plenty of lenders who are willing and able to provide larger sums of borrowing with instant speed.

Quick personal loans for instance, can help you secure large amounts of financing for as much as £25,000 with payment terms that can last for more than 5 years. Generally, if you want to secure bigger quick loans in country, there are two types of credit that you can use:

Unsecured Quick Loans -There is no collateral involved in the loan agreement.

Secured Quick Loans – There is collateral involved in the loan agreement.

Secured quick loans will allow you to take out even bigger amounts of credit for longer repayment periods and lower interest rates because of the presence of collateral that provides security to the lender. However, you should always bear in mind that there is a risk that you would lose your property, vehicle, or any asset that you put up as collateral in the event that you default from your loan and its repayments.

Payday Loans

If you had bad credit and your need for quick loans are small and temporary, then payday loans are options that you can consider. Getting approved for a payday loan is relatively easy and you don’t have to possess a stellar credit rating to get qualified. Often, income and the ability to repay the loan is the most important factor in getting approved. There are also great advantages that you can enjoy from the quick loans such as:

Instant Funding – Getting short-term funding from a payday loan lender is almost instant. If you apply online, you will only have to complete an application form for less than 20 minutes and receive an approval response shortly after. If you are approved, the loan amount will then be transferred to your bank account in the next business day at the soonest. If you apply for the quick loans in one of the lender’s physical store, you can enjoy the money in the same day you are approved.

24/7 service – If you want to apply for a payday loan in the middle of the night or virtually any time of the day, there is an online application platform that will cater the transaction. Majority of lenders also have 24/7 customer service which makes it easy for you to get immediate clarification on any aspect pertaining to your loan agreement.

Easy eligibility – The quick loans are one of the easiest if not the easiest forms of credit to qualify for. The eligibility criteria is very lenient and different borrowers with unique circumstances can get pre-qualified as long as they are in the right age and are employed. But even those who are self-employed and/or living under benefits can still get approved as long as they can work out a viable credit agreement with the lender.

And most importantly, the quick loans will never discriminate you based on your credit rating. Whether you have a poor credit rating, a none-existent credit history, or have been blacklisted due to past credit mistakes, there are still enough payday lenders in the UK who will strike a comfortable loan deal with you as long as they see that you have an income that is enough to satisfy the repayments based on the agreed terms and conditions.

Other Quick Loans you can consider

Aside from payday loans, personal loans, and secured forms of credit, there are also other quick loans that you might want to look into to enjoy a kind of funding that is suitable to your needs and present circumstances. They include:

Doorstep Loans

Guarantor Loans

Logbook Loans

Doorstep loans are convenient forms of quick loans that can be arranged right at the very comfort of your own home. Guarantor loans are ideal if you have bad credit and want to enjoy a flexible loan agreement with competitive rates and large borrowing amounts. And finally, logbook loans are quick loans secured on your vehicle.

Try to find out which option suits you best so you can enjoy the kind of quick loan that works best for you and your funding needs.

why choose quick loans




Loanize is a licensed credit broker and not a lender.

We will never charge you for our service and the lender will not increase the rate to cover our fee to them.

We work with over 40 different lenders to bring you the very best rates from across the UK market.

Representative Example: Borrow £200.00 for 60 days. Repay in 2 payments, first payment in 30 days
Each Payment: £147.04. Total Repayment: £294.08, Interest: £94.08.
Interest p.a: 365%(fixed). Representative APR 1058%

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

Do not borrow more than you can pay back as defaulting on payments can lead to serious monetary problems.

Any collateral you have against the amount may be at risk of repossession.

Finding the Right Loan for You

There are many kinds of loans that you can get while using a guarantor. We have divided our site to focus on specific kinds to make it far easier for you to make sure you are getting the finance plan you are looking for.

If you are looking for something specific then check to see if our sub-sites cover what your after. If they don’t just get in contact with us and we will definitely be able to help.

5 most recent personal loan reviews

Review of Ikano Bank

Honest, realistic and genuine, I can't say anymore than that. I had problems with credit in my past that were cleared but unfortunately my credit score was very poor but thankfully Ikano loans gave me a chance to rebuild that. High rates, but that's expected when getting a loan with such bad credit. Thanks again for your support.

Review posted by Peter Harrow, Thornbury

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Money Guru

Excellent communication and a very quick and easy process. Authorisation telephone call was conducted by a friendly and polite lady who explained everything clearly. Would highly recommend this company.

Review posted by Melanie Steele

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Satsuma

The service was simply amazing. I have never taken loans service seriously, my view point has now changed. I needed the money for flight tickets to attend a funeral and I could have not been dealt with in such an amazing manner. The interest rate was also better than I expected. Certainly will be paying the money back early as this was really an emergency and a life saver.

Review posted by Wayne Crouch, Plymouth

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All reviews acquired from trustpilot.com for authenticity.