Small loans can be sent today.
Instant quote with a soft search and no fees.
Over 7500+ no-obligation quotes processed daily!
Same day loans can be a lifeline for those who need cash, fast, in an emergency. You can apply for this type of loan here at Sunny, with an instant decision from our broker partner’s market-leading panel of lenders and a speedy transfer of the money if you’re accepted.
As well as the flexibility on offer to borrowers, the lender panel make loans as straightforward as possible. Sunny is a loan introducer whose broker partner searches the market for you, so you don’t have to. The lenders can have your same day loan transferred directly to your bank account once you’ve been approved.
We don’t charge fees – that means no application or admin costs to factor into your loan application.
When looking into same day loans for an emergency, it’s a good idea to check if you are eligible to apply first. At Sunny, our customers must meet a number of criteria. First, you must be over 18 years old and a UK resident. You must also not be bankrupt or otherwise insolvent and in receipt of a regular income.
Our broker partner’s lenders will also need proof of your address and confirmation that you have an active bank account as part of the application. You’ll also need to agree to a credit and affordability check – this ensures you can make your repayments after you’ve received your loan and looks at your past credit history to help make a decision on your application.
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.
Same day loans are, as their name suggests, loans that can be provided to you on the same day as you apply. They are intended to help with emergency, or unforeseen circumstances. For example, if you need urgent car repairs, your boiler breaks down or if you’re experiencing a family emergency, a quick same day loan can be a helpful solution to see you through and help you spread the cost of the expense.
You can get a same day loan through Sunny. We offer access, through our broker partner, to loans that can be applied for and funded within 24 hours. If your application is approved, your lender can transfer the amount borrowed into your bank account within hours.
It’s important to arm yourself with all the facts and really understand the numbers when considering any loan. You want to make sure that you can comfortably repay the loan and avoid future financial complications or difficulty. To make sure you are in the know, here’s all the information you need on same day loans. This includes what they involve, what situations they are best suited to, what their advantages and disadvantages are, and how to apply for a same day loan at Sunny.
Same day loans are smaller short-term loans, you apply for one and if approved the money is transferred immediately. You can then use it as necessary and pay it back over an agreed period of time.
You can check how likely you are to be approved for a loan before you apply. Lenders do this by carrying out a soft search of your credit report, using the information you provide to us. This kind of credit check leaves a record on your credit file that’s only visible to you. If you’re likely to be approved and decide to submit your application, then your lender will carry out a hard credit check, which will leave a record on your credit report that’s visible to others who may search it from time to time.
Lenders take a wide range of information into account when assessing your application, including your credit score and information from your credit history, and your income and expenditure data.
To check your credit score and view your credit report, you can use one of the Credit Reference Agencies: TransUnion (formerly CallCredit), Equifax or Experian. If you have a low credit score, there are some simple and quick ways you can go about improving it. One solution is to get on the electoral roll if you are not already, which increases your credit rating. You can also close any old credit card accounts that you are no longer using, as unused but active cards can have a negative impact on your credit score.
However, improving your credit score is mostly a matter of good behaviour over time. Making sure you repay all your bills on time each month and trying to keep well below your credit account limits will help.
You should only consider applying for a same day loan if you need the cash fast and have exhausted all other borrowing options. That means looking at your budget to see if you can cut costs anywhere to cover the bill, asking friends or family for help, or using savings. Same day loans are a useful option but should be one of the last ones to consider in a financial emergency.