Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
www.samedayloanssource.co.uk is a broker, not a lender, and does not make credit decisions.
Representative APR Example: Representative Example: £250 borrowed for 3 months. Total amount repayable is £411.63 in 3 monthly instalments of £137.21. Interest charged is £161.63, annual interest rate of 292% (fixed).
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You can apply to get anything from £100 up to £1,000. If you're accepted, we'll do our best to get the funds in your bank account in same working day. So apply now today!
Welcome To Same Day Loans Source !
For any numbers of unexpected reasons, you may find yourself in urgent need for cash. Our loans finder service can help you locate the right loan deal for you to help you deal with your short-term, tricky cash situation.
There are a few things that you need to consider before you choose to apply for a short-term loan because lenders do have specific criteria that applicants need to meet. First of all, you need to be a UK resident over the age of 18. You also need to be in receipt of regular income of £500 per month, after tax. You also need to have a valid bank account and a debit card attached. If you are approved for a loan, then the money will be transferred to your bank account and you will be able to withdraw money, using your debit card.
Processing your application
With our Same Day Loans Source .co.uk service, you can make an application for any amount from £80-£1,000 online and submit it for a decision in minutes. The loan decision will be delivered to the device that you applied on such as your laptop, PC or mobile. This means that you don’t have to make the effort to go to the high street and stand in a queue in order to arrange the money you need. We have a panel of over 40 responsible UK lenders who are all compliant with the Financial Conduct Authority so you can be sure that you are in safe hands. If you apply before 3pm, Monday to Friday, then the cash could be with you the same day. If you apply at any other time, then the money will more likely be sent on the next working day.
Percentile interest rates are easy to bear, and it is one of the outstanding hallmarks of our payday lending facility. The lending limit starts off from £80 and goes up to the mark of £1000. In as little time as twenty-four hour, you can get the expected sum of money. As a result, you too have an important responsibility to fulfill.
It is your responsibility to check your loan agreement in full. If you feel you may be unable to meet the terms of your loan then you must contact your lender right away to discuss an alternative solution. Failure to repay could ultimately lead to the lender making an alternate arrangement with a third party debt collection agency.
Lenders usually reserve the right to utilise the Continuous Payment Authority to repeatedly attempt to take payment from your card up to 90 days after your loan payment is due. Please check your own Terms and Conditions on your signed loan agreement for further details.
If you pay your first loan off successfully and then you find yourself requiring another loans then most lenders do offer this service. Once you have built up a reputation with a lender, they may be able to offer you a larger loan amount or a better rate of interest. You’d be advised to speak to your lender directly about the options available to you. You would still have to make another application with them so that they can assess your situation at that particular time. You are also advised to ensure that you have the capacity to pay the loan back on time.
Implications of Non-Payment
It is important that both you and your lender work out a mutually agreeable plan for debt clearance. It is necessary to clear the debt within the terms laid out in your agreement. The failure to repay has its fair share of financial and legal repercussions. Most importantly, the repercussions will adversely affect your credit rating. If you feel like you are in a situation where you may not be able to make the agreed repayments, then you must contact your lender immediately.