Which Payday Loan is

best for people with

Bad Credit?

We at FinanceJar will find the plan to best suit your needs!

We Cater For All credit histories.

Payday Loans

Personal Loans

The best unsecured loans on the market.

Payday Loans

Payday Loans

Short term loans at their finest and easiest.

Payday Loans

Logbook Loans

Great when you want to change your vehicle.

Payday Loans

Guarantor Loans

A helping hand is always appreciated.

Instant Loans When You Need Cash Now!

Key points

  • Delivered online, instant loans are a popular way to get quick cash in a matter of minutes.
  • Some loans are available within 15 minutes, some within the hour and others the same day.
  • All credit histories are considered, so if you have bad credit, or are even unemployed you could still be eligible.

If you are looking for an immediate loan, you’ve come to the right place. At FinanceJar, we understand that sometimes people face financial difficulties and need a quick source of funding. We will help you find a solution to resolve your financial emergencies in minutes by connecting you to reliable and trusted lenders.

The process of applying and receiving a loan through our website is fast and easily done online from the comfort of your home. You can borrow any amount from £50 to £2,500 or more.

Here are a few things you need to keep in mind when searching for direct online lenders of quick loans.

What are instant loans?

They are a form of short-term loans that provide people in need of fast cash with access to quick loans to address urgent financial demands. If you have an emergency need for cash for any reason, an instant decision loan is your best option.

Fast loans provide financial help when you are in between pay checks. They are quick and easy to apply because everything is done online from the comfort of your home. Unlike banks and other financial institutions, instant decision lenders will process your application and provide you with a decision instantly. If your application is approved, the funds will be available in your bank account on the same day or even within a few hours.

These are short-term loans paid back within a few weeks or months from your salary or other source income. The loans are available in small and easy to manage amounts ranging between £50 to £2,500 and more.

How fast will I receive the money?

Immediate loans are quite popular today because of the speed at which they are processed and the funds delivered to your account. They provide a quicker way to get financial assistance when you need it most. You can even apply for a loan from your mobile device as long as it is connected to the Internet.

The lender will inform you whether your application has been approved or denied in just a matter of minutes or seconds. If your application is approved, the money will be sent to your bank account in a matter of hours or sometimes minutes depending on the lender you choose. You can use our platform to find the fastest and most reliable lenders.

However, keep in mind that although they are processed faster, they also come with higher interest rates than other traditional types of loans. To help you locate the fastest direct lender with the best terms, we have compiled a database of the best lenders on the market today with services that are best suited to your needs.

Can I get an instant loan if I have a bad credit rating?

Your credit score is an important factor to consider when looking for any form of financing, especially if you are applying for a loan from banks and other financial institutions. Lenders often review your credit score and borrowing history to evaluate your creditworthy before deciding to approve or deny your application. Most banks and other financial institutions will turn down your request if you have a bad credit rating for fear of losing their money in case you don’t repay the loan. They consider you to be a higher risk.

Unlike traditional financial institutions, online lenders focus more on the applicant’s finances, especially on factors such as employment and earnings, than credit scores to determine if the borrower can afford to pay the loan or not.

They have a higher approval rate for loan applications including requests from people with imperfect credit. You have a high chance of getting a loan from direct lenders despite your bad credit as long as you show your ability to repay the loan.

Are there limitations to what I can spend the money on?

When taking a loan from a bank or any other financing institution, you are often limited in the way you spend the funds.

For instance, if you take a car loan from a bank, you cannot spend the money on other things besides its specific purpose. The good thing about instant cash loans is that there are no restrictions on how you spend the money.

You can spend the loan on anything you want including car repairs, education expenses, medical costs, household spending, travel, and any other urgent need for money. You decide on how you want to spend the money without any restrictions.

Who can apply?

Different lenders have different requirements for instantaneous loan approval. However, the basic eligibility requirements include the following:

  • You should be at least 18 years old
  • Should be a UK citizen
  • Have an active current bank account
  • Show how you can repay the loan, for example through your salary income
  • Should not have an existing loan balance

What details are required when applying for an instant online loan?

The application process is quite easy and only takes a few minutes. Most lenders will only require you to provide the following information:

  1. Your full legal name
  2. Contact information such as your address and telephone number or email
  3. Employment details
  4. Your monthly income
  5. Proof of identity

The information you provide on your online loan application form should be the same as the details on your pay check and bank account or your loan approval may be delayed.

Most lenders will also perform a soft credit check to evaluate your credit history although the decision to approve or deny your application will not be purely based on your credit rating. They’ll give you their decision almost instantly after you submit your application.

How can I find the best lender?

At FinanceJar, we give you access to more than 40 different lenders and other types of loans from across the UK. We show you the most reputable lenders to help you plan and apply for an instant loan from lenders with the best possible interest rates and loan terms.

Our services are provided free of charge with no obligation. You can easily find your ideal lender from our platform.

Representative 305.9% APR.
Representative example: £400 borrowed for 90 days.
Total amount repayable is £561.92 in 3 monthly instalments of £187.31.
Interest charged is £161.92, interest rate 161.9% (variable)

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


FinanceJar is a credit broker and not a lender. We pass your information to a lender once you have been accepted for a plan. We take a fee from the lender only, once you’re approved and we do not add charges to your plan in doing so.