Instant Loans

Instant Loans

from £100 to £2500

Representative 1266% APR

In this guide you’ll find all you need to know about Sunny instant loans

Sometimes, no matter how carefully you spend and budget, your money just doesn’t last from payday to payday. Unexpected bills can come up suddenly, catching even the best budgeters off guard and now, you might feel stuck, trying to find a way to cover an expense that you couldn’t predict.

However, here at Sunny, our no-nonsense approach to getting the money you need into your bank account could help you sleep easier in the face of unexpected expenses. Our instant loans come in a range of amounts, with repayment periods determined by the amount you borrow. This means you can select an amount that works for your current circumstances. In this guide, we’ve broken down what an instant loan is, why it might work for you and what it involves.

Instant loan eligibility

To be eligible to apply for an instant loan from Sunny, you’ll need to be at least 18 years of age, have a UK bank account, a regular source of income and be a UK resident. You must also not be bankrupt, have access to a mobile phone and provide proof of your address for the past three years.

After inputting your details we’ll approve or decline your application within minutes, and if approved, the money could be deposited in your bank account in as little as 15 minutes. From this point on you can manage your account online. This makes paying flexible, you can choose to make early or extra payments to repay your loan as quickly as possible and save money on interest.

Instant loan example

If you’re wondering how the interest adds up on one of these instant decision loans, then we’ve created a clever calculator to help you understand. Select the loan amount you need, and see how much this adds up to over a certain period. It should help you better decide whether this kind of instant loan is the right choice for you, and make sure the repayments will be affordable.

Monthly Rate
24 %

Based on a 30 day month

Loan Term
6 Months

The loan term is fixed but you can repay early at any time

Representative example
£100 for 6 months
Interest rate
292% pa (fixed)
6 repayments of
Total amount repayable
1266% APR
Max APR   %

Instant loans information hub

Instant cash loans are for short-term problems, to help our customers deal with unexpected fees and bills as and when they arise. Our chief aim is to offer you peace of mind and we try to do this as quickly as we can. Here, we’ve answered some common questions around this kind of loan

There are a wide range of situations where you might be feeling that your funds are spread a little too thin to cover you. Unexpected expenses such as boiler repairs, broken plumbing and leaky roofs are not usually things you factor in to your budget and can be expensive to fix, causing high levels of financial burden.

Other expensive surprises such as vehicle breakdowns and problems with your white goods are common reasons for taking out an instant loan, to shoulder the burden quickly and get back on track.

Lenders are required to assess how likely they think you are to pay back what you borrow. For every application we receive, we carry out a credit and affordability check to make sure the applicant can afford their repayments, and will make them. Most lenders who offer Instant loans online will conduct similar checks, although it is possible, but not recommended, to find lenders who do not carry out a credit and affordability assessment in the same way.

It’s of the utmost importance to us that our customers can afford their repayments, as causing extra stress is not our aim. We like to think of ourselves as a lifeline to those experiencing an emergency cash situation, offering a helping hand on a short-term basis. We understand how upsetting financial problems can be, but being able to afford your payments is more important and avoids more upset in the long term.

Your credit score will be taken into account when a lender assesses your application for an instant loan. If you have a bad or non-existent credit score, this may affect your ability to get credit at all, as well as the best rate on an instant loan. In this scenario, you may still be able to secure a loan, but at a higher rate of interest and perhaps not as much as you originally applied for.

It is possible to get an instant loan with bad credit but bear in mind the interest rate may be higher. Look into our guide on bad credit loans for more information on how this works, and how you can take simple steps to improve your credit rating.

Yes, we offer instant payday loans with no brokers involved to support you when you need a little extra cash to cover unexpected expenses.

Instant cash loans are for short term problems, to help our customers deal with unexpected expenses and bills as and when they arise. They are not intended for longer running financial issues. If you are struggling with debt or money we recommend you seek free and impartial debt advice. Citizens Advice and StepChange in particular have experts dedicated to providing support and guidance around your circumstances.

Borrowing of this type is an expensive form of credit that may be appropriate for short term financial needs but is not appropriate for longer term borrowing or if you are in financial difficulty.

You can click here to find out if you are eligible for an instant loan, if you are then you can apply. If you need any help, our friendly, UK-based customer care team are on hand to answer all your questions.

How a Sunny instant loan can help

Sunny is all about being there in those tough moments. We call it life support. Here, we’ve broken down just a few reasons why Sunny could be the right choice for you.

We offer an instant decision, the money could be in your bank in 15 minutes, if your application is approved.

Unlike some other lenders, you won’t pay a penny in fees. We don’t charge any admin fees and don’t even charge fees on late payments.

A Sunny loan is easy to manage online. Plus, if you pay back your loan early, you’ll save money on interest.

More information on instant loans

Sometimes you simply don’t have the cash to cover a one-off or unexpected payment, which is where instant loans can come in handy. Providing you with the money you need to help tide you over for the time being and pay an unexpected expense, instant loans can help to reduce stress that can arise from money worries.

Our aim at Sunny is to provide a sort of life support to our customers. We recommend that you only use instant loans as a short-term solution – not as the basis for long term plans. It is for this reason that the loans we offer have a maximum value of £2,500.

This means the sum you eventually pay back is affordable, and that the loan is a solution, not a problem for the future.

If you’re looking to get money fast in an emergency, we’ll work hard to make sure you don’t have to go without, or spend another day worrying about where you’re going to get funds from. You may be worried about how quickly you can gain access to your loan but at Sunny our approval process is swift, meaning you’re taken quickly through the application. If approved, you’ll have the money in your account in as little as 15 minutes.

What Sunny customers think about us

Our customers have lots of nice things to say about us and our loans. We’re here to provide support when needed, with instant loans that get you back on track. Check out our Trustpilot score** below to help you make your decision. If you have any other questions, check out our FAQ section or get in touch with our customer support team, who are on hand to help.

Got everything you need?

Interested in checking out an instant loan for yourself? If you’d like more information about the loans we offer, then feel free to have a browse through our website. As well as instant loans we also have more information on payday loans and cash loans, helping you find the right product for your needs.

Looking for alternative lending options?

When it comes to instant loans, we understand that you may need one for a variety of reasons. Below, we’ve broken down the different circumstances behind each loan, ready for you to read up on before making a decision. At Sunny, we want you to feel confident when you take on a loan product, which is why we strive to provide you with all the information you need up front. Whether you have bad credit and want to know more about applying for a payday loan or are looking for a cash option, check out the guides below for more information.