What are easy loans?
Easy loans are great for people who are self-employed, employed, unemployed and/or are receiving benefits. They can be a good stop-gap to cover a sudden emergency until your next benefits or pay comes in. To apply, you will need proof of your identity, address and income and will need to be a UK resident with a UK bank account.
How to get easy loans?
Using a search engine to find payday loans will show you links to lots of different loan providers. If you have lots of time and patience, you could look at each lender's website. It can be hard to know which lenders will lend to you, as everyone has different personal circumstances. You could apply to lenders until you find one that will lend you money, but each time a lender turns you down, the rejection will be stored in your credit history. Therefore, applying at various lenders is a bad idea. The many marks on your credit score can make it even harder to borrow the money you need.
Instead try using a loan broker like Choose Wisely who is integrated with a wide range of lenders. We can get you a quick overview of which lenders will accept your application and at what cost.
Choose Wisely has three easy steps to getting a loan:
- First, fill in a short affordability form, which takes two minutes to complete. Here, you'll give details of your income and regular payments you need to make.
- Next, we will show you all the lenders who will accept an application from you, so that you can choose the best deal for you.
- Finally, if your loan is approved, the cash can be in your account in as little as 15 minutes. However, the time it will take to receive the funds will depend on your lender and bank account provider.
How to get easy loans with bad credit
If you have a bad credit history it can be harder to get an easy loan, but it may still be possible. You can never assume loan approval is guaranteed but some lenders will consider applications and lend money to people with a bad credit rating or no credit history. You may be limited to borrowing a small amount, and the loan might cost more than other forms of borrowing. Choose Wisely will send your details to a range of carefully chosen lenders and let you know who is most likely to give you a loan.
Which payday loans are easy to get?
Payday loan lenders are less selective than traditional lenders because the loan amounts involved are lower. So, all payday loans are relatively easy to get unless you have a very poor credit rating. If you work with an expert such as Choose Wisely, you will have help in finding the right payday lender.
There are lots of direct lenders online, but it can be time-consuming to find and sort through all the different loans on the market. Choose Wisely makes it easier and quicker for you to get the loan you need. We compare many lenders and show you the lenders that are most likely to accept your application, taking the time and stress out of getting fast easy loans, and protecting your credit rating from failed applications.
Easy loans FAQs
Yes. Our easy, online 3 step process will show you in minutes which loans you are most likely to get. Using our easy process, money could be in your account as quickly as 15 minutes, depending on your personal circumstances and the lender you choose.
You will need to fill out our form - which will take you a few minutes. Once you select the lender you prefer, you might need a proof of address, proof of ID, and proof of income.
The lender could ask you to send a picture of:
• Your driving license
• Your passport
• Proof of your address such as a council tax bill
• A recent payslip
• UK bank statements