Instant Decision & No Fees
Representative 1266% APR
Below you’ll find all you need to know about a £200 loan from Sunny
It can happen to anyone. You set your budget for the month, pay your usual bills and expenses, then suddenly the unexpected occurs and you’re left trying to find money for an emergency situation. In this case, a short-term loan for £200 could be the answer, as it can be paid back quickly and support you before payday arrives.
£200 could be just the right amount to cover the cost of an unexpected car breakdown or perhaps to get a new part for the boiler at the last minute. This loan should also ensure you have enough money left to cover your other important expenses, whilst dealing with the emergency at hand. Here, we’ve broken down how a £200 payday loan works, and when to consider one.
Eligibility for a £200 loan
Before you can be accepted for a 200 pound loan we need to ensure you are able to make repayments. To be deemed eligible for a loan with Sunny, you must meet a number of criteria. This includes being 18 years of age (or over) and being a UK resident. You must also have a regular income and must not be bankrupt. If you’re looking for a £200 loan with no credit check, this is not something we are able to offer. However, this doesn’t mean you won’t be able to get the loan you need. Find out if you’re eligible and apply by clicking the link below.
Here, we’ve created a calculator detailing examples of a £200 loan from Sunny and what you would pay back, including interest, over a certain repayment period. It’s a great tool to help you decide if one of these payday loans is a good idea and a manageable expense for you. Take some time to look at the options available to find the right loan amount and repayment period for your situation.
£200 loan frequently asked questions
If you’re looking to borrow £200, a Sunny loan can help. But before you hit apply now, read on through some common questions that we’ve answered around this relatively small loan to help you better understand whether it’s the right choice for you and your circumstances.
How a £200 loan from Sunny could help
At Sunny, we know how stressful it can be trying to find the funds to cover an unexpected cost. That’s why we offer small payday loans with no fees and check every application to ensure you can afford your payments.
Our loans are speedy: once you’ve been approved you could have the £200 you need in your bank in 15 minutes.
We don’t charge any fees. That means you don’t need to worry about any upfront costs, such as admin or application fees, and we don’t charge fees on late or early repayments either.
We put you in control. Your online account area means you can manage your loan online to check your balance and upcoming payments, manage your personal details, and make extra or early payments to save on interest.
More information on borrowing £200
Whether the boiler has given up or the car isn’t starting, no matter how well you budget sometimes your money simply doesn’t stretch between paydays. This is when a £200 loan can help, to cover those unexpected costs if you don’t have enough disposable cash at the end of the month.
Our payday loans all work the same way, no matter whether you’re borrowing £200 or £1,000.
You can apply online and receive an instant decision with Sunny – ideal if the money is needed in an emergency situation.
These loans are intended to help you cover short-term, one-off needs for money and shouldn’t be used to pay for longer-term financial issues. We recommend you seek free and impartial debt advice if you need help with your finances.
What Sunny customers think
Our customers love what we do, as we help them get back on track after a financial mishap with no fuss. Before you make your decision when it comes to which loan provider you choose for your payday loan, take a look at our testimonials below and check out our Trustpilot score**.
Got everything you need?
We hope this guide has answered any questions you may have around £200 loans. If not, our helpful UK-based customer service team is on hand via phone, email, or our live chat service. They will be able to answer any further questions you have about a Sunny loan before you apply.
Looking for alternative lending options?
We offer payday loans that can help in a range of situations here at Sunny. Find out more about the reasons behind taking on a payday loan in our in-depth guides and find the right solution for you.