WARNING: LATE REPAYMENT CAN CAUSE YOU SERIOUS MONEY PROBLEMS, FOR HELP, GO TO MONEYADVICESERVICE.ORG.UK
Welcome to Loanavailnow

Apply To Borrow from $100 to $25,000*

  • Apply For $ 50 - $ 1,000
  • Fast Payout
  • No Fees
  • Secure Application
  • Available 24/7
  • Bad Credit
  • PERSONAL Loans
  • SHORT TERM Loans
Representative example: $500 borrowed for 5 months. Total amount repayable is $999.85 in 5 monthly instalments of $198.37. interest charged is $491.85, Interest rate 236.1% pa (variable). Representative 481.6% APR.

When your credit is bad, getting approved for a standard loan can be quite difficult. So what do you do when there comes a time that you need to borrow money for emergency expenses? Getting turned down by a lender does not mean that the rest of them will do the same thing too.

What you can take advantage of, instead, are installment loans. These are short-term loans, with amounts ranging from £50 to £2,500. Compared to regular payday loans where you have to pay off the debt and the interest rate in a single payment, an installment loan is paid off in specific figures every month. The amount you are allowed to borrow will be dependent on your credit history and your income.

Why Choose Installment Loans

If your credit score isn’t stellar to begin with but you want to borrow an amount that can be payable for several months, installment loans would be a great option. It is important to not keep sending in loan applications when you have just been recently declined. Sending out one application after another is only just going to do more damage to your credit score since a credit check is done each time.

Remember that instalment loans are charged with really high interest rates. The longer your loan term is, the more you’re going to end up paying as a result so try to keep the terms shorter.

How to get approved

Borrow only what you can afford to pay back. Whatever you borrow is subject to interest. Needless to say, the more you borrow, the more you’re charged for interest. Also, if the monthly payments are high, you might have a hard time paying it off. So, stick to what you can comfortably pay back. Stick to a much shorter term if you can. While it makes sense to spread the payments in such a term that will allow you to pay it back comfortably, the longer it is the more you will need to pay as a result. So, shorter terms will help you save more money in the long run.

Find out if it is possible to pay the loan early. Some lenders may charge an early repayment fee if you do so, but there are times when you can actually save money on interest. This is especially true if the interest is being charged on a daily basis.

Getting approved for a bank loan is not easy. But it can get even harder if your credit is not good. These days though, a number of loan providers are specialising in offering installment loans to low credit borrowers. 

Installment loans will allow you to repay whatever you borrowed along with the interest rates over a set time. In most cases, the loan has a six-month term. This makes it an ideal option for those who need emergency financing but cannot get the loan paid off on your next check. Your credit score determines whether you get a loan or not. It also defines the interest rates that you’ll be subjected to. However, lenders that offer instalment loans do not just focus on your credit score, but also with other aspects of your financial circumstances to decide whether to approve it or not. 

To lenders of instalment loans, what matters is whether the loan is affordable for you or not. They want assurance that you will have the means to repay it. 

Why Get Installment Loans

You have the option to select from a number of lenders. This allows you to compare your options to finally get the best possible offer. 

This loan allows you to take your time in paying it back. Unlike short-term payday loans where you’re expected to make the payment on your next payday, lenders offer terms up to six months. This should give borrowers enough time to pay off the debt. Despite your bad credit, you can still get approved for a loan. Lenders will be more concerned with your ability to pay off the loan. So, as long as you can show proof of income or that you have a regular source of earning every month, you will get approved. 

Most lenders are able to offer a fast application process. Most providers operate online so you’ll just have to submit the application form through the same channel and once it is approved, you can expect the cash to be sent to you instantly. For financial emergencies, this is one loan worth looking into. 

When your credit is bad, getting approved for a standard loan can be quite difficult. So what do you do when there comes a time that you need to borrow money for emergency expenses? Getting turned down by a lender does not mean that the rest of them will do the same thing too.

What you can take advantage of, instead, are installment loans. These are short-term loans, with amounts ranging from £50 to £2,500. Compared to regular payday loans where you have to pay off the debt and the interest rate in a single payment, an installment loan is paid off in specific figures every month. The amount you are allowed to borrow will be dependent on your credit history and your income.

Why Choose Installment Loans?

If your credit score isn’t stellar to begin with but you want to borrow an amount that can be payable for several months, installment loans would be a great option. It is important to not keep sending in loan applications when you have just been recently declined. Sending out one application after another is only just going to do more damage to your credit score since a credit check is done each time.

Remember that instalment loans are charged with really high interest rates. The longer your loan term is, the more you’re going to end up paying as a result so try to keep the terms shorter.

How to get approved

Borrow only what you can afford to pay back. Whatever you borrow is subject to interest. Needless to say, the more you borrow, the more you’re charged for interest. Also, if the monthly payments are high, you might have a hard time paying it off. So, stick to what you can comfortably pay back. Stick to a much shorter term if you can. While it makes sense to spread the payments in such a term that will allow you to pay it back comfortably, the longer it is the more you will need to pay as a result. So, shorter terms will help you save more money in the long run.

Find out if it is possible to pay the loan early. Some lenders may charge an early repayment fee if you do so, but there are times when you can actually save money on interest. This is especially true if the interest is being charged on a daily basis.

What Product Can

You Help Me With?

Whether you're looking to buy a car or you just need a small cash assistance fund to get on your day, we have everything in store for you. Reach out to us to know more about your options.

What Happens If

I Miss Payments?

Missing a payment may happen sometimes. We understand. Lenders can be lenient for one or two months. However, it is not recommended that you delay your payments. It can severely affect your credit and prevent better credit opportunities in the future.

Payment Method?

The payment is sent immediately to your checking account upon approval. So there’s no need for you to visit banks to get the money that you have requested. It will be deposited to your account within minutes after being approved.