Example of a loan from Sunny

Use our sliding calculator to see how much interest you may have to pay if your borrow money from Sunny. Choose different loan amounts to see the total amount repayable and decide what you can afford in an emergency situation. You can also select different repayment periods to find out how much you could save in interest if you were able to repay more quickly than the schedule in your agreement. You’ll have the option to set up a schedule that enables you to repay early as part of the application process.

Monthly rate
Based on a
30 day month
Loan term
The loan term is fixed but you can repay early at any time
The loan term is fixed but you can repay early at any time
Representative example
£ for months
%pa (fixed)

When to borrow money – Information Hub

Here, we’ve answered some questions you may have when you need to borrow money, to ensure you’re making the right decision.

  • You can borrow money quickly online from a lender such as Sunny. If you are accepted for one of our short-term loans, you could receive the money in as little as 15 minutes. 

    However, before applying for any credit product, it’s a good idea to first consider the alternatives to taking out a loan. These could include using savings or asking a family member or friend to help. If applying for a loan is the only option available to you, thoroughly research lenders to ensure your chosen company is the best place to borrow money. 

  • Before filling out any applications, it’s helpful to know exactly what you are looking for and over what time frame:

    • What is the nature of the expense? Is it necessary? Is it urgent?
    • How much do you need to borrow?
    • How soon do you need the money?
    • Are you eligible to apply?
    • How soon will you be able to repay what you’ve borrowed, and can you afford the interest on top?
    • Do you want to pay back what you’ve borrowed in one lump sum or in monthly instalments?
    • What are your existing debts, and can they and the new debt be managed simultaneously? 

    If you feel confident that you can manage the debt and that the loan won’t negatively impact your current situation then it may be the right solution. 

  • This will involve you looking into your basic income and expenses each month and, based on how much you have left over, deciding whether you can afford to add the cost of a loan repayment to these. If the loan stretches you financially and means you will have to cut back on or delay payment for other essentials, it may not be the best choice for your situation.

    Answer all of these questions before applying to borrow money to help you decide who to apply for a short-term loan with. 

  • If you have bad credit, it can be difficult to borrow money. You may find that the choice of lenders who are prepared to lend to you is smaller, you cannot borrow as much money, and you have to pay higher interest rates.


    When it comes to applying for a loan, whenever possible it’s important that you check your credit rating beforehand and work to improve this before submitting an application. In an emergency situation when you don’t have time to build your credit rating first, applying for a smaller sum of money or choosing a lender who specialises in customers with bad credit may help improve your likelihood of being approved.

How Sunny can help

At Sunny, we make sure that borrowing money is a simple, easy process. After a short online application, you will usually receive a decision straight away and if successful, money will be deposited in your bank account fast. Here are a few more of the benefits that come with our loans.

  • Once approved, your loan could be in your bank account in 15 minutes - allowing you to pay for an emergency expense without delay.

  • We don’t charge fees, even if you are late making a payment. Everything you’ll pay back, and when, is laid out clearly for you, so you always know what’s coming.

  • If you borrow money from Sunny, you can manage payments and your account online. Adjust your repayment schedule or make additional payments through our online portal to clear what you owe faster and save money on interest.

More information on borrowing money

If you choose to borrow money, the most important thing is to ensure you can repay the loan, plus the additional interest charges. Not only is it a part of the contract you will sign a legal obligation, but failing to do so can result in penalties. For example, some lenders will charge late fees if your payment is not made on time. 

Our loans have no fees, guaranteed. You don’t have to worry about late repayment fees, application fees, or admin fees. We also give you five days* to change your mind and repay the what you’ve borrowed with no charges and no interest. All you have to do is call to let us know.

We have flexible repayment options that allow you to pay more each month if you wish. By repaying earlier, you can save money on interest, as we charge and add interest to your account daily.


Sunny customer testimonials

We have some happy customers here at Sunny, which is reflected in our testimonials and TrustPilot score**. Take a look at these below, to help when deciding who to borrow money from.

Got everything you need?

If you need to borrow money and feel confident that you can afford to repay a loan plus interest, you can apply for one with Sunny today. Click the Apply Now button below to go straight to our application form.

Apply now

Representative 1267% APR

Looking for alternative lending options?

Still need more info when it comes to borrowing money? Take a look at our other guides that break down the circumstances for taking on a loan and when one might be right for you.