Warning: Late repayment can cause you serious money problems. For help moneyhelper.org.uk | Representative APR 89.9%
Warning: Late repayment can cause you serious money problems. For help moneyhelper.org.uk

Payday loans with 'soft search' credit checks

Wondering what soft search is? We've explained this below

Speedy payment

Small loans can be sent today.

No obligation quote

Instant quote with a soft search and no fees.

1000's of people helped

Over 7500+ no-obligation quotes processed daily!

Soft search is being introduced by a range of lenders and offers a no risk solution to determining if you are likely to be accepted for a loan or not. If you’re wondering what this function involves and how to take advantage of it, read on to learn more.

What is soft search?

Soft search allows a lender to check your credit history and access your report but they don’t leave a marker behind. Insurance providers have been using this function for many years now when you apply for a quote. It simply means you can learn how likely you are to be accepted for a loan and how much the lender will offer you, with no impact on your credit score.

Representative 89% APR

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 Upward Finance Limited, who is an introducer appointed representative of Flux Funding Limited, who is 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.

Soft search information hub

Want to know more about soft search? We've answered some common questions below.

  • There are a few lenders that offer a soft check when you supply for details to receive an instant decision. Our broker partner has a market-leading panel of lenders who all use a soft search.

  • Soft search provides a top-level overview of your credit report to a lender, allowing them to determine how likely you are to be able to pay back what you borrow and what your credit history looks like. They can then offer you a loan in a certain amount, if you take this then you’ll be subject to standard credit and affordability checks.

  • Yes, soft search is only used to confirm how much you may be able to borrow and the likelihood of you being approved. If you decide to go ahead with the amount offered to you then a full credit and affordability check will be carried out which will impact your credit score.

  • Soft search does not impact your credit score, this means it reduces the risk of your overall credit rating being affected and the likelihood of not being accepted for a loan. Also, when it comes to safety, Sunny treats all data shared by those applying for a loan with the utmost care. You can read more here about how we handle your personal information here.

  • A soft search is only provided by certain lenders at the moment, check that the payday loan provider you’re considering offers this function before you apply. All of the lenders on our parnter’s panel use Soft Search

How does soft search work with Sunny?

Soft search allows lenders to determine how much you may be able to borrow, without affecting your credit score.

  • You provide us with some details – We securely sent your application to our broker partner’s panel of lenders.
  • They check your credit report and history – this won’t affect your credit score and the response will come back straight away.
  • They will confirm how much you may be able to borrow – you can then decide if you want to go ahead and complete the full application for a loan.

Soft search offers confidence when applying for a loan. While any quote doesn’t guarantee you’ll be accepted it does give you an idea of how much you should be able to borrow.

Need a loan?

You can apply for a short-term loan at Sunny today, learn how much you could borrow from a panel of lenders with their soft search and then have the money today# if you are approved. Use the button to begin your application.

Apply now

Representative 89% APR

Terms and Conditions

A lender eligibility check will assess whether you meet their lending criteria. Even if you are eligible, they may still require proof of ID and/or proof of income before they approve the loan.