Small loans can be sent today.
Instant quote with a soft search and no fees.
Over 7500+ no-obligation quotes processed daily!
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, while handling the emergency at hand. Here, we’ve broken down how a £200 loan works, and when to consider one.
Before you can be accepted for a £200 loan lenders need to ensure you are able to make repayments. To be deemed eligible for a loan with a Sunny lender partner, 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 or otherwise insolvent. 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.
Representative Example: Borrowing: £1000 for 18 months, Total Repayable: £1853.43, Total Interest: £853.43, Interest Rate (Variable): 89.9%. Rates between 9.3% APR and 1721% APR – your no-obligation quote and APR will be based on your personal circumstances. Loan term lengths from 3 to 36 months. Subject to lender’s requirements and approval.
Sunny Loans is a registered trading name of Flux Funding Limited who are a credit broker, not a lender. Loan repayment terms are 3-36 month loans.
Warning: Late repayment can cause you serious money problems. For help, go to www.moneyhelper.org.uk.
This type of borrowing should be reserved for emergencies, when you need a small amount of money to cover an unexpected cost before payday. It ensures you have the funds in the bank to pay for your necessary expenses, as well as the surprise cost.
This small loan amount is ideal for an unexpected bill or repair cost that may occur just before payday. At Sunny, our lenders can have this money transferred into your account in as little as 15 minutes#, if you are approved, so you can clear those expenses quickly and get back to normal.
You need to carefully consider whether you will have the money to make the required repayments over a certain time period. We want our customers to enjoy the benefits a small loan before payday can offer without worry, so be sure you can afford the repayments before applying.
With every application we receive, our lenders carefully check the credit history and score of the applicant. At Sunny, we can find loans for people with bad credit but it’s worth noting that your credit score directly impacts whether you are offered a loan or not. The interest rate you pay depends on how much you want to borrow and the repayment period you select. On some loans, if you have a poor credit history, this may affect your ability to borrow the amount you want.