From £100 to £2500
Below you’ll find all you need to know about online loans from Sunny
Representative 1266% APR
These loans make it easier than ever to apply for cash, fast, but should only be used if necessary to cover emergency expenses and not to tackle long-term financial costs. Read on to find out more about the loans available online from Sunny, and whether one might be right for you.
Eligibility for an online loan
To be considered eligible for the loans available via our website, you must meet a certain list of criteria. We will only accept applications from those who are 18 or above, a UK resident and in employment with a stable financial income. You’ll also need to provide details of your addresses for the past three years.
We also ask that applicants have an active bank account, a working email address and can confirm they are not bankrupt. If you meet these criteria, then you will be eligible to apply for one of our fast online loans. Please bear in mind, though, that we will also conduct credit checks and an affordability assessment to inform whether or not we approve your application.
Example of a Sunny online loan
Use our online loans calculator to see how much a loan like this could cost you, when you take interest charges into account as well. You can adjust the amount borrowed to see what will be best for you and your situation – although we do recommend you only borrow as little as possible to cover your immediate needs. Borrowing a higher amount ultimately means you will have more to pay back overall, and potentially be bound to a longer repayment schedule. Our goal is to help you get back on your feet as soon as possible, so choose a loan that covers your emergency expense and nothing more.
Online Loans questions answered
Want to know more about online loans? We’ve pulled together the answers to some of the most common questions around these loans, to help when making your decision on how to get cash for an emergency.
Why Sunny could be the right lender
At Sunny, we believe in honesty, transparency, and simplicity in all aspects of life – and loans are no exception. Our fast online loans are clear from the start, so you know what you are agreeing to and our easy, flexible payment schedules allow you to repay early – either with regular overpayments or by making one-off additional payments to fit with your personal financial situation. Here are a few of the most important points about our online loans:
You can get your cash transferred fast. In some cases, we can transfer the amount borrowed in just 15 minutes of approving an application.
We don’t charge any fees. That means no admin charges, no application fees and definitely no late fees. If you fall behind on your repayment schedule, we’ll work with you to find a way to help you get back on track.
Life moves fast. So, if you find you don’t need your loan after borrowing, we give you five days* to call us and pay it back, and you won’t pay a penny in interest.
More information about online loans
Online loans can speed things up. You don’t even need to worry about leaving the house or making a phone call. You simply fill in your details via a form online, which is then reviewed by the lender, and they will confirm whether you’ve been accepted or not, usually within minutes.
One of these loans can really help in an emergency situation, allowing you to get your hands on cash fast. However, we recommend you only consider applying for one when you’ve exhausted all other options – such as using savings or borrowing funds from a family member or friend who you can pay back in your own time.
Online loans should not be used to cover the costs of a long-term financial problem. Instead, they are a quick fix for emergencies and should be paid back as soon as possible.
If you are experiencing financial difficulties, you may want to consider seeking out free and impartial debt advice. Get in touch with a not-for-profit organisation such as Stepchange, or take a look at the Money Advice Service website.
Sunny customers testimonials
We have had some great reviews from our customers, who have applied for a quick online loan to help in an emergency situation. Take a look at our Trustpilot score** below and reviews from those who have used our services.
Got everything you need?
We hope this guide has helped you make a decision when it comes to online loans. If you feel you need emergency cash and this is the best option for you, hit the apply now button below.
Looking for alternative lending options?
Want to know more about online loans and the different situations they can help in? Take a look at our in-depth guides below.