Text Loans

Text Loans Alternative

from £100 to £2500

Representative 1293% APR

On this page you’ll discover all you need to know about text loans

Text loans are an option that some lenders offer to their existing customers who have built up a good payment history with them, as a means of making it easier for them to apply for another loan. Text loans are not a service Sunny offers, however with our mobile-first application form, applying for a loan with us on any smartphone or mobile device is quick and simple.

Being able to apply using your mobile device means you can still access a loan whenever and wherever you are, as long as you have an internet connection. And, if after completing our short, mobile-friendly application form you’re approved for a loan, you’ll receive your money fast. We designed our website knowing that you can’t always predict where you’ll be when an emergency strikes and you need cash quickly, so being able to apply easily is vital. With our mobile-first website, you don’t need to worry about pages loading slowly, or buttons being too small to click on. Your experience with us when you apply from your mobile will be just as seamless as on your laptop or PC.

When you need emergency cash, it’s helpful to have all the facts and figures before you go ahead and apply for any type of credit or financial product. To help shed some light on the concept of text loans, we’ve looked into what they are, why someone would choose one, and the alternative option Sunny offers to provide you with the loan you need.

Am I eligible for a text loan?

All lenders have some basic criteria that their borrowers must meet before they can be considered eligible to apply. Meeting these criteria is not a guarantee of approval, but knowing up front what basic eligibility requirements a lender has can help you avoid an unnecessary search on your credit file if you do not meet them. The eligibility criteria for most loans are very similar. Here are some of the most common requirements, when it comes to eligibility for a short-term loan:

  • You must be aged 18 or over
  • A resident of the UK
  • Have a regular income
  • Not be bankrupt
  • Have access to a bank account and debit card
  • Can supply your address history for the past three years


If you’re looking specifically for a text loan, it’s important to remember that these are only available through certain lenders and granted to customers who have already paid off a loan with them. This is an essential requirement for this kind of loan. Again, Sunny do not offer customers the opportunity to apply for a loan via text message, but it is quick and easy to apply for a short-term loan with us from your mobile device.

In addition to asking those who apply to us to meet the basic eligibility criteria listed above, we also conduct a credit and affordability check on all those who apply for a short-term loan with Sunny, and by applying you consent to us conducting these checks. This ensures we are only lending to those who can afford their repayments comfortably, and won’t have to go without other essentials to repay their loan. Click the link below to see the full list of criteria you will need to meet to be eligible to apply for a Sunny loan.

Short-term loan example

Even if you have a good repayment history with a lender who offers text loans, it’s still a good idea to shop around and research other lenders and what they can offer before sending that message. You could get a better rate elsewhere, be able to get a more flexible loan, or even find a lender that doesn’t charge fees, or will charge you less interest overall if you repay early to bring down the cost of borrowing.

If you’re considering Sunny for a short-term loan, use the sliding calculator below to see how much one of our loans could cost compared to the text loan lender you’re perhaps considering using again. To help make things easier, as you do your research and own calculations around borrowing for an emergency, we’ve created this sliding calculator. Simply change the amount you want to borrow and you’ll see how much this will cost in total, as well as how much interest will be charged.

Monthly Rate

Based on a 30 day month

Loan Term

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

Representative example
£200 for 6 months
Interest rate
292% pa (fixed)
6 repayments of
Total amount repayable
1293% APR
Max APR   1617%

Text Loans information hub

Text loans can feel like a very simple solution to a short-term problem if you need to borrow cash and have previously borrowed from a lender who will now offer this service. You simply text the amount you need to the lender, and they use the information they hold on file from your previous application to decide whether to lend more to you.

If accepted, you receive cash to cover your emergency cost. But, is it a safe and secure way to borrow money? And does its simplicity make it too tempting to resist? We’ve answered some questions below around text loans, and why Sunny may be a better alternative.

As applying for a loan requires you to provide a range of information to the lender that would be long-winded and difficult to do by text message, many lenders don’t offer text loans to new borrowers. Instead, they reserve the ability to apply for text loans to existing customers who have already paid at least one loan with them back in full. This means they can use the information they already hold on file to decide whether or not to approve the application.

If your lender offers text loans, then in many cases all you need to do to apply is to text a code word to your lender, along with the amount you want to borrow, to submit an application based on the information they already hold. While this is an extremely quick way to apply, you may not be given the opportunity to update information about your circumstances. As a result, text loan lenders may not be using the most up to date details to evaluate your application.

As it is such a quick and easy way to apply for a loan from a provider you’ve used before and therefore trust, this kind of loan can be suitable for emergencies. For example, if your car breaks down and you’re stranded without a strong phone signal, a text loan could help.

They can also be helpful for covering things such as urgent computer or laptop repairs, simply because you don’t need access to a computer to apply for a text loan.

However, even though we do not offer text loans, you can apply using our mobile-friendly website, a short-term loan from Sunny can offer the same support. We can provide you with an instant decision and money transferred into your bank account in as little as 15 minutes if approved.

The main advantage of a text loan is how simple and quick the application process is. You don’t have to worry about finding a computer to apply for money, and you can do it anywhere you have a phone signal – even while you’re out of the house.

However, you can receive many of the benefits of a text loan with Sunny too. You can use your phone’s web browser to apply on the Sunny website, and if, you’ve borrowed from us before and need another loan, you can apply quickly and easily through your online account, updating any details that have changed since your last application as you go. It’s important to remember that all applications for loans with Sunny are subject to credit and affordability checks.

How much you can borrow as a text loan depends entirely on the lender you’re using and what they offer. You may have a fixed borrowing limit with them, or perhaps they offer larger loan amounts to returning customers once you’ve proven your ability to repay on time.

At Sunny, our alternative to text loans range from £100 to £2,500 and can cater for a range of emergency borrowing needs.

Click here to read our full FAQ page

How Sunny Loans can help

We don’t offer text loans, but we do provide short-term loans for an emergency that can be applied for quickly and easily on any mobile device with internet access and a web browser. Our loans also come with the added benefit of no late repayment charges, and no administration or application fees. All that borrowers are expected to pay back is the original amount, plus interest. Find out more below.

Submit an application in just minutes, receive an instant decision, and if approved, you could have the money in your bank account in just 15 minutes.

We don’t charge fees – that means there is no charge to apply for a loan with Sunny and no any extra costs or penalty fees to worry about should you fall behind on your payments.

We aim to provide a lifeline for our borrowers. We make everything as straightforward as possible by giving you all information you need to make your decision before you apply.

More information about Sunny’s alternative to text loans

Sunny provides loans for when you need to borrow on a short-term basis, with repayment terms determined by the amount you take out. We believe we offer one of the most flexible emergency financial solutions in the UK because borrowers can adjust their repayment schedule to fit their circumstances. For example, you can pay more money each month if you wish and you can repay the sum early to save money on interest and clear your balance as soon as possible.

You can apply for a loan with us using a mobile device, or on a computer, and we can usually provide an instant decision on your application. If your loan application is approved, you could have the money in your account in as little as 15 minutes.

The decision we make is based all of the information you provide during your application, as well as information we receive from Credit Reference Agencies as part of the credit check we carry out. We assess your credit history alongside other information and also perform an affordability assessment to objectively decide if this loan is an appropriate option for you, and to help you avoid any problems in the future.

Your credit score is a number that represents your financial history and is based on factors such as electoral roll information, court records, details of other searches on your credit file, addresses you’re linked to, bank accounts, loans, mortgages, and even energy and mobile phone contracts.

If you want to check your credit score, you can do so by visiting one of the following Credit Reference Agencies – Transunion (formerly CallCredit), Equifax or Experian. It’s worth bearing in mind, though, that each Credit Reference Agency uses a different scoring system, so don’t be surprised if you see different scores with each one.

Your credit score is designed to give you an impression of how lenders will view your history; it isn’t set in stone.You can get your credit report for free via a service such as Noddle or Clearscore.

Testimonials from Sunny customers

Our TrustPilot score** and testimonials say it all. Discover what our customers have to say about the application process and borrowing money from Sunny, to help you make that important decision when it comes to who to choose as your lender.

Want to apply for a loan?

When taking out a loan, ensure you have all the information you need to make a decision before you apply. Also, only take out an amount you know you can afford to pay back, to avoid any debt stacking up. If you feel like a short-term loan is still the best option to solve your emergency cash need, apply below for a quick loan from Sunny.

Looking for more information?

Take a look at our other guides on the types of loan available out there, we’ve covered everything from payday loans to no guarantor loans and everything in between.