Quick Loans

As a credit broker, we connect you with lenders who can provide instant decisions and same-day funding. Our process is fast but never rushed. Lenders still check affordability properly, making sure any loan fits your circumstances. Speed matters, but so does getting it right.

With our 4.5 out of 5 star Trustpilot rating based on over 7,385 reviews, you can see what real customers think. We process more than 7,500 quotes every single day, helping people right now who need quick access to funds for unexpected costs.

Supporting reassurances:

• Soft credit check only, won’t affect your score
• No fees from Sunny
• Compare offers before you commit
• 15-minute funding if approved

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

What Are Quick Loans?

Quick loans are short-term loans designed for fast approval and funding. When you need money urgently for car repairs, broken appliances, or unexpected bills, quick loans provide access to funds quickly, often on the same day you apply.

These loans typically range from £100 to £2,500 with flexible repayment terms from 3 to 36 months. Unlike traditional payday loans that trap you into repaying everything in 30 days, quick loans let you spread the cost over a timeframe that works for your budget.

The speed comes from streamlined online applications and instant eligibility decisions. Most lenders can transfer approved funds within 15 minutes during business hours. You apply once through Sunny, and we show you which lenders are likely to approve you, saving you from making multiple applications that could harm your credit score.

Quick loans work for various situations. A £500 loan over 6 months could cover urgent vet bills. A £1,000 loan over 12 months might handle emergency home repairs. A £200 loan over 3 months could bridge a temporary income gap. The key is borrowing only what you need and choosing a repayment term you can manage.

If you’re looking for funding that arrives even faster, our partner lenders also specialise in same day loans that prioritise ultra-rapid transfers once you’re approved.

How Quick Loans Work

Getting a quick loan through Sunny follows a straightforward process designed for speed without cutting corners on responsible lending checks.

Step 1: Complete our online application

Fill out our simple form with basic details about yourself, your income, and how much you want to borrow. This takes around 2 minutes. We ask for your employment status, monthly income, regular expenses, and bank details. This information helps lenders assess whether the loan is affordable for you.

Step 2: We search our network of lenders

As soon as you submit your application, our system searches across our panel of FCA-authorised lenders. We use a soft credit check at this stage, which means it won’t affect your credit score. Only you can see this search on your credit file. Other lenders can’t see it, and it doesn’t leave a mark.

Step 3: See your matches instantly

Within minutes, we show you which lenders are likely to approve your application. You’ll see loan amounts, interest rates, monthly repayments, and total costs clearly displayed. This lets you compare options side by side without applying to each lender separately.

Step 4: Choose your preferred offer

Review the offers carefully. Look at the monthly payment, the total amount you’ll repay, and the loan term. Make sure you can afford the repayments comfortably. There’s no obligation to accept any offer. If none suit you, you can simply walk away. No fees, no pressure.

Step 5: Complete your application with the lender

When you choose an offer, you’ll be directed to that lender’s website to complete your application. They’ll perform a hard credit check at this stage, which will appear on your credit file. If approved, most lenders transfer funds the same day, sometimes within 15 minutes.

The entire process prioritises speed, but lenders still conduct proper affordability assessments. They check your income, expenses, and existing commitments to make sure the loan won’t push you into financial difficulty. This protects you from taking on unaffordable debt.

For those who need funds for specific urgent situations, you might also consider our emergency loans which are tailored for unexpected crises.

How Much Do Quick Loans Cost?

Understanding the cost of borrowing helps you make an informed decision. Quick loans come with interest and fees, and it’s important to know what you’ll pay back in total.

Representative 89% APR

Our representative APR is 89%. APR stands for Annual Percentage Rate, which shows the total cost of borrowing over a year, including interest and any fees. It’s the standard way to compare loans fairly. The actual rate you’re offered depends on your personal circumstances and may be higher or lower.

APR range: 9.3% to 1,721%

Different customers receive different rates based on their credit history, income, and the loan amount and term they choose. Those with stronger credit profiles typically receive lower rates. Those with poor credit or shorter loan terms may face higher rates.

Example: Borrowing £1,000 over 18 months

If you borrow £1,000 over 18 months at our representative rate of 89% APR (fixed), you would pay:

• Monthly payment: £102.42
• Total repayable: £1,843.60
• Total interest: £843.60
• Interest rate: 89% per annum (fixed)

Why rates vary

Several factors affect the rate you’re offered. Your credit history shows lenders how you’ve managed borrowing in the past. Your income and expenses determine how much you can afford to repay. The loan amount and term also matter. Shorter terms often have higher APRs but lower total interest paid. Longer terms spread the cost but increase the total interest.

No early repayment penalties

If you want to pay off your quick loan early, you can do so without penalties. This saves you interest charges. Many customers pay extra when they can afford it or clear the balance completely when their finances improve. Some lenders charge a small admin fee for early settlement, but there are no punitive charges.

If you’re considering spreading your repayments over a longer period to reduce monthly costs, take a look at our 12 month loan options for more manageable payments.

Who Can Apply for Quick Loans?

To apply for a quick loan through Sunny, you need to meet some basic eligibility requirements. These criteria help lenders make responsible lending decisions and ensure loans are affordable.

Age and residency

• Be at least 18 years old
• Be a UK resident
• Have lived at your current address for at least 3 years (or provide full 3-year address history)

Income and employment

• Have a regular income of at least £500 per month after tax
• Be employed, self-employed, or receiving regular benefits
• Provide proof of income (bank statements or payslips)

Banking requirements

• Have a UK bank account in your name
• Have a valid debit card
• Be able to set up Direct Debit for repayments

Credit and financial status

• Not currently bankrupt or in an Individual Voluntary Arrangement (IVA)
• Not in active debt management plans (though past plans that are completed may be considered)

Can I get a quick loan with bad credit?

Yes. Many customers who’ve had credit problems in the past successfully get loans through our panel of lenders. Bad credit doesn’t automatically disqualify you. Lenders look at your current circumstances, not just your past. They consider your income, expenses, and whether you can afford the repayments right now.

Having a County Court Judgement (CCJ), default, or missed payments on your credit file makes approval less certain but not impossible. Some lenders in our network specialise in helping customers with imperfect credit histories. We work with lenders who understand that past financial difficulties don’t tell your whole story.

If you’re specifically concerned about your credit history, explore our bad credit loans page for more information about lenders who consider applications from customers with poor credit scores.

What if I don’t meet these requirements?

If you don’t currently meet the eligibility criteria, approval becomes very unlikely. Lenders follow strict rules about responsible lending. They can’t approve loans for people who can’t afford repayments or don’t meet basic requirements. If you’re struggling financially, borrowing may make things worse. Free debt advice is available from StepChange and Citizens Advice.

Why Use a Broker Like Sunny for Quick Loans?

Using a credit broker saves time, protects your credit score, and increases your chances of approval. Here’s what makes the broker approach better than applying to lenders directly.

One application, multiple lenders

Instead of filling out separate applications for different lenders, you complete one form with us. We search across our entire panel and show you which lenders are likely to approve you. This single application gives you access to multiple options without the hassle of repetitive form-filling.

Soft credit check protects your score

When you apply directly to a lender, they usually perform a hard credit check straight away. This appears on your credit file and can lower your score, especially if you’re declined. If you apply to five lenders separately, you could end up with five hard checks damaging your credit.

Sunny uses a soft credit check first. This doesn’t affect your credit score. Only you can see it on your file. Other lenders can’t see it. This lets you check eligibility risk-free. The hard credit check only happens when you choose a specific lender and decide to proceed.

Compare offers side by side

We present your loan options in a clear format so you can compare monthly payments, total costs, and loan terms easily. This transparency helps you make the right choice for your circumstances. You’re not rushed into accepting the first offer you see.

No fees from Sunny, ever

We never charge you application fees, service fees, or any other charges. Our service is completely free for customers. We’re paid by lenders when you successfully take out a loan, not by you. This means we’re incentivised to find you a good match, not to charge you hidden fees.

FCA protection across the panel

Every lender in our network is authorised by the Financial Conduct Authority (FCA), the UK’s financial regulator. This means they follow strict rules on fair treatment, transparent pricing, and responsible lending. You’re protected by the same regulations whether you choose lender A or lender B from our panel.

Save time and reduce stress

Researching lenders, checking their credibility, reading reviews, and comparing offers takes hours. We’ve already done this work. Our panel includes only reputable, regulated lenders. You get access to quality options immediately without the research burden.

If you need to borrow a smaller amount, our small loans service works exactly the same way, giving you access to lenders who offer amounts from £100 upwards.

Check your eligibility now

Supporting reassurances:

• Over 1 million customers trust Sunny
• 4.5/5 stars on Trustpilot from 7,385+ reviews
• 7,500+ quotes processed daily
• FCA-authorised and regulated
• No fees from Sunny
• Soft credit check only

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

Speed Without Sacrificing Thoroughness

Quick loans are fast, but that doesn’t mean corners get cut on important checks. Speed and responsible lending aren’t opposites. They work together when the process is designed properly.

Instant decisions don’t mean instant approval

When we say you’ll get an instant decision, we mean you’ll see which lenders might approve you within minutes. This initial check uses automated systems and soft credit searches to assess eligibility quickly. However, lenders still conduct proper affordability assessments before final approval. They verify your income, check your bank statements, and review your expenses. This happens fast, but it happens thoroughly.

Technology speeds things up, not shortcuts

Modern loan applications use sophisticated software to process information quickly. Automated credit scoring, income verification tools, and digital bank account analysis let lenders make accurate decisions in minutes rather than days. The checks are the same as they’ve always been. Technology just makes them faster.

Why speed matters for borrowers

When your car breaks down and you need it for work tomorrow, waiting a week for loan approval isn’t practical. When your boiler fails in winter, you can’t wait days for emergency repairs. Quick loans exist because genuine emergencies require rapid responses. Speed serves a real purpose. It’s not about encouraging impulsive borrowing. It’s about helping people deal with urgent problems efficiently.

Responsible lending built into the process

Every lender in our panel must follow FCA rules on affordability assessments. They check whether you can afford repayments alongside your existing commitments. They verify your income is genuine and stable. They consider your employment status and financial history. These checks protect you from taking on debt you can’t manage. Speed doesn’t eliminate these protections. It just delivers them faster.

You still have time to think

Even though the application is quick, you’re never rushed into accepting a loan. Once you see your offers, you can take time to review them carefully. Read the terms, calculate the total cost, and make sure you can afford the repayments. There’s no countdown timer pressuring you to decide immediately. The speed is about getting you options quickly, not forcing quick decisions.

If you prefer longer repayment terms that reduce your monthly payments, consider our 6 month loan options which balance manageability with reasonable interest costs.

What to Consider Before Applying

Before applying for any loan, quick or otherwise, think carefully about whether borrowing is the right choice for your situation.

Do you really need to borrow?

Loans cost money. You’ll pay back more than you borrow because of interest. Sometimes borrowing is necessary and worthwhile. Other times, there might be better alternatives. Could you delay the expense? Can you borrow from family interest-free? Could you sell something you no longer need? Consider all options before committing to a loan.

Can you afford the repayments?

Look at your monthly income and expenses honestly. After rent, bills, food, travel, and other essentials, how much do you have left? The loan repayment needs to come from this surplus comfortably. If meeting the repayment would mean struggling with other bills, the loan isn’t affordable. Missing payments damages your credit score and leads to additional charges.

Have you compared the total cost?

Don’t just look at the monthly payment. Look at the total amount you’ll repay over the full loan term. A £1,000 loan might cost you £1,500 or £1,800 in total depending on the rate and term. Make sure you’re comfortable with this total cost, not just the monthly amount.

Is a quick loan the best option?

Quick loans work well for genuine emergencies and unexpected costs. They’re less suitable for ongoing financial difficulties or long-term expenses. If you need money for something that can wait, a different type of loan with a lower rate might be better. If you’re struggling with existing debt, borrowing more usually makes things worse.

What happens if you can’t repay?

Life changes. Income can drop. Expenses can increase. Before borrowing, think about what would happen if your circumstances changed. Do you have any financial buffer? Could you still afford repayments if your income reduced? If the answer is no, consider whether the loan is too risky.

Where to get help

If you’re struggling with debt or unsure about borrowing, free advice is available. StepChange, Citizens Advice, and National Debtline offer confidential support at no cost. They can help you understand your options and make the right decision for your circumstances.

How Sunny Protects You

Your safety and security matter. Here’s how we protect you throughout the loan process.

Full FCA authorisation

Upward Finance Limited (trading as Sunny) is registered with the Financial Conduct Authority as an Appointed Representative of Flux Funding Limited (FRN 806333). Flux Funding holds full FCA authorisation, which means we operate under strict regulatory oversight. Our company number is 11365247, and our registered office is at 7 Bell Yard, London, WC2A 2JR.

Data protection and security

Your personal and financial information is encrypted and stored securely. We follow GDPR regulations and only share your data with lenders you choose to apply to. We never sell your information to third parties. Your data is handled with the highest security standards.

Secure application process

Our website uses SSL encryption, which means information you enter is protected as it travels between your device and our servers. You’ll see the padlock symbol in your browser address bar, confirming the connection is secure.

No impact on credit score during eligibility check

The soft credit search we perform when you first apply doesn’t affect your credit score. It doesn’t appear to other lenders. Only you can see it on your credit file. This protection lets you check your options risk-free. The hard credit check only happens if you choose to proceed with a specific lender.

Right to withdraw

Under UK consumer credit regulations, you have the right to withdraw from a credit agreement within 14 days of signing. If you change your mind after accepting a loan, you can cancel it. You’ll need to repay any money already transferred to you, but you can end the agreement without penalties during this cooling-off period.

Complaints procedure

If you’re unhappy with our service, we have a formal complaints procedure. You can contact us to raise concerns, and we’ll investigate thoroughly. If you’re not satisfied with our response, you can escalate to the Financial Ombudsman Service, which provides free, independent dispute resolution.

The Application Process in Detail

Here’s exactly what happens when you apply for a quick loan through Sunny, step by step.

What information you’ll need

Before starting your application, gather these details:

• Full name, date of birth, and current address
• Address history for the past 3 years
• Employment status and employer details
• Monthly income after tax (payslips or bank statements ready)
• Monthly expenses (rent/mortgage, bills, food, travel, other commitments)
• UK bank account details and debit card
• Contact information (mobile number and email address)

How long it takes

Completing our application form takes around 2 minutes. The soft credit search and lender matching happens instantly. You’ll see your results within minutes of submitting your application. If you proceed with a lender, their final checks typically take 15 to 30 minutes. Most approved applications receive funds the same day.

What happens after you apply

Once you submit your application, several things happen automatically. Our system performs a soft credit search, checking your credit file without leaving a mark. We assess your eligibility against each lender’s criteria. Within minutes, you’ll see which lenders are likely to approve you and what loan terms they’re offering.

If you see offers you’re interested in, you can click through to the lender’s website to continue. At this stage, you haven’t committed to anything. You’re just exploring your options.

Completing your application with a lender

When you choose a specific offer, you’ll be directed to that lender’s website. They’ll ask you to confirm your details and provide any additional information they need. This might include uploading bank statements or payslips. They’ll perform a hard credit check, which appears on your credit file.

The lender will review your application and make a final decision. If approved, you’ll receive a loan agreement to review and sign. Read this carefully. It contains all the terms, including the exact amount you’ll repay, when payments are due, and what happens if you miss payments.

Typical funding timeframes

Most lenders transfer funds on the same day for applications approved before 3pm on weekdays. The money usually arrives within 15 minutes to 2 hours, depending on your bank’s processing speed. Applications approved after 3pm or on weekends might receive funds the next working day. Some lenders offer 24/7 processing, but bank transfer times still apply.

If you need money for smaller amounts quickly, our £200 loan service offers the same fast processing for more modest borrowing needs.

Related Loan Options

Same Day Loans

If speed is your absolute priority, same day loans focus specifically on getting funds into your account within hours of approval. These loans work almost identically to quick loans but emphasise ultra-fast processing and immediate transfers. They’re ideal when you have an urgent deadline, such as a same-day bill payment or emergency purchase that can’t wait. Same day loans offer amounts from £100 to £2,500 with flexible terms, and lenders in this category often process applications 24/7, including weekends and bank holidays.

Emergency Loans

When unexpected crises strike, emergency loans provide rapid access to funds for genuine urgent situations. These could include sudden car repairs that prevent you getting to work, emergency home repairs like broken boilers or burst pipes, or urgent medical costs. Emergency loans combine quick processing with lenders who understand time-sensitive situations. You can borrow the same amounts and terms as quick loans, but the focus is on helping customers handle genuine emergencies rather than planned expenses.

Instant Loans

Instant loans deliver immediate eligibility decisions, showing you within seconds whether lenders are likely to approve your application. The “instant” part refers to the decision speed, not necessarily funding speed (though approved applications still receive same-day transfers in most cases). If you want to know right now whether you’re likely to be approved before committing time to a full application, instant loans provide that immediate feedback through sophisticated automated credit assessment systems.

Bad Credit Loans

If you’re concerned about past credit problems affecting your application, explore our bad credit loans page specifically. These connect you with lenders who specialise in helping customers with imperfect credit histories, including CCJs, defaults, missed payments, or low credit scores. The process is identical to quick loans, but the lenders in this category are more flexible about credit history and focus more heavily on current affordability and income stability.

£500 Loans

If you need a smaller amount, £500 loans prevent over-borrowing whilst still providing enough to cover many unexpected costs. Whether it’s car repairs, appliance replacement, or temporary income gaps, £500 often bridges the gap without creating excessive debt. Smaller loan amounts typically mean lower monthly payments and less total interest paid. If you’re certain you only need around £500, applying for this specific amount may improve approval chances, as lenders see you’re borrowing responsibly.

Find your match today

Supporting reassurances:

• Over 1 million customers trust Sunny
• 4.5/5 stars on Trustpilot from 7,385+ reviews
• 7,500+ quotes processed daily
• FCA-authorised and regulated
• No fees from Sunny
• Soft credit check only

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

Representative Example

Representative APR: 89%

Representative Example: Borrowing £1,000 over 18 months at a representative rate of 89% APR (fixed) means 18 monthly payments of £102.42. Total amount repayable: £1,843.60. Total interest charged: £843.60. Interest rate: 89% per annum (fixed).

APR Range: 9.3% to 1,721% depending on your personal circumstances and the lender you’re matched with.

Loan amounts: £100 to £2,500

Repayment terms: 3 to 36 months

Need help with debt?

If you’re struggling with existing debt or worried about borrowing, free confidential advice is available from:

• StepChange Debt Charity: 0800 138 1111 or visit stepchange.org
• Citizens Advice: Free advice online at citizensadvice.org.uk or call 0800 144 8848
• National Debtline: 0808 808 4000 or visit nationaldebtline.org
• MoneyHelper: Free, impartial money advice at moneyhelper.org.uk or call 0800 138 7777