Fast payday loans can be useful to get around short-term financial obstacles. For example, if you find yourself having to pay for expensive emergency car repairs or unexpected bills, a quick payday loan can help you to cover the cost until your wages come in. These loans are usually for relatively small amounts, generally between £50 and £1,000 and the amount is often to be paid back within a month, and other times over an agreed number of instalments.
Why would someone choose a fast payday loan?
Payday loans are popular because of their quick and simple application process. After applying for a loan, the money usually arrives into your account the same day. Some people believe that lenders that offer these types of loans will not carry out credit checks. However, this is not the case. All regulated lenders are required to carry out rigorous credit checks, which are intended for the protection of both the customer and the lender. You could be putting yourself at risk by bypassing them.
Does Sunny offer fast payday loans?
At Sunny, we don’t consider ourselves to be a payday loan company. However, we do offer short-term loan options that offer flexibility. Our loans range from £100 to £2,500 and if your online application is successful, money will arrive in your bank account within as little as 15 minutes.
The simple online application involves providing us with your address, your bank details and employment information so that we can make our decision. The credit and identity checks we carry out are quick and non-invasive, and are in place to make sure you are not borrowing more money than you can afford to pay back.
With Sunny, you can repay your loan early to save on interest and you can even manage your loan through an online account. On top of that, we guarantee to charge no additional fees. This includes late repayment fees, admin fees, or application fees. Finally, if you change your mind after taking out a loan, you have a five-day period during which you can call to repay the amount you originally borrowed, and we won’t charge you any interest*.
If you have any further questions regarding our policies and the features of our loans, please check the Frequently Asked Questions section of our website. Alternatively, don’t hesitate to get in touch with us via live chat, email firstname.lastname@example.org or phone 0800 7315 444 or 01284 715 444.
*subject to fair usage policy