Same Day Loans

When unexpected costs hit, waiting days for loan approval isn’t an option. Our network of trusted lenders specialise in same-day funding, processing applications 24/7 including weekends and bank holidays. Most approved customers receive money in their account within hours of applying.

As a credit broker, we work for you, not the lenders. We search our panel to match you with lenders offering same day loans that suit your circumstances. You see multiple options, compare offers, and choose what works best. All with the confidence of our 4.5 out of 5 star Trustpilot rating from 7,385 genuine reviews.

See if you match

Why choose Sunny:

• 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 Same Day Loans?

Same day loans are short-term loans designed for rapid approval and same-day funding. Unlike traditional bank loans that take days or weeks to process, same day loans prioritise speed whilst maintaining responsible lending standards.

When you apply through Sunny, we search our network of FCA-authorised lenders who specialise in quick processing. Most approved applications receive funding within 15 minutes to a few hours, making same day loans ideal for genuine emergencies like car repairs, broken boilers, or urgent vet bills.

The key features of loans same day include:

• Amounts from £100 to £2,500 to match your actual need
• Flexible repayment terms from 3 to 36 months
• 24/7 processing, including weekends and bank holidays
• Soft credit check for eligibility (no score impact)
• Funding within 15 minutes for most approved applications
• No early repayment penalties if you want to clear the loan faster

Same day loans differ from traditional payday loans by offering longer repayment periods. Instead of repaying everything within 30 days, you spread the cost over several months, making monthly payments more manageable whilst still getting money quickly.

How Same Day Loans Work

Getting a same day loan through Sunny is straightforward. We’ve designed the process for speed without sacrificing thoroughness:

1. Complete our 2-minute application

Tell us how much you need (£100-£2,500), your preferred repayment term (3-36 months), and basic details about your income and expenses. We use this information to match you with suitable lenders from our panel.

2. We search multiple lenders instantly

Using a soft credit check that won’t affect your score, we search our network of FCA-authorised lenders. This takes seconds and shows you which lenders are likely to approve your application before you formally apply.

3. Compare your options with no obligation

You’ll see offers from lenders willing to provide same day loans uk funding. Each offer shows the monthly payment, total repayable amount, interest rate, and term length. Take your time to compare. There’s no pressure and no obligation to accept any offer.

4. Choose your lender and complete their application

When you’ve found the right offer, you apply directly with that lender. They’ll complete a full credit check and affordability assessment to ensure the loan is right for you. This protects you from borrowing more than you can afford.

5. Receive your money the same day

Once approved, most lenders transfer funds within 15 minutes. Your bank usually credits your account within an hour, giving you access to emergency funds when you need them most. Processing happens 24/7, so applications made in the evening or on weekends still receive same-day consideration.

Throughout the process, you remain in control. You decide whether to proceed at every stage, and you can withdraw at any time before accepting a loan offer.

How Much Do Same Day Loans Cost?

Understanding the true cost of borrowing helps you make informed decisions. Same day loans from our partner lenders have a representative 89% APR. Your actual rate depends on your circumstances and the lender you choose.

Representative example: Borrowing £1,000 over 18 months at 89% APR (fixed) means:

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

APR rates across our lender panel range from 9.3% to 1,721% depending on factors like your credit history, income stability, and the amount and term you choose. Lenders are required by FCA regulations to offer you the most suitable rate for your circumstances.

Why do rates vary?

Lenders assess risk individually. Someone with excellent credit history and stable employment typically receives lower rates. Those with past credit issues or irregular income may face higher rates because the lender takes on more risk. This system ensures lenders can offer same day loans to people traditional banks reject whilst managing their risk responsibly.

Shorter repayment terms mean higher monthly payments but less interest overall. For instance, borrowing £500 over 3 months costs more per month than spreading it over 6 months, but you pay less total interest.

No fees from Sunny: We never charge application fees, service charges, or any other costs. We’re paid by lenders when you successfully take out a loan, not by you. This keeps our service completely free for customers.

Who Can Apply for Same Day Loans?

Same day loans are available to most UK adults with regular income. Basic eligibility requirements include:

• Age: You must be at least 18 years old
• Residency: UK resident with 3 years of address history
• Income: Minimum £500 per month net income from employment, self-employment, or benefits
• Bank account: Active UK bank account and debit card for receiving funds
• Credit status: Not currently bankrupt or in an IVA
• Affordability: Able to comfortably afford monthly repayments alongside existing commitments

What about bad credit?

Past credit issues don’t automatically disqualify you. Many lenders in our network specialise in bad credit loans and assess your current circumstances rather than just your credit score. Factors like steady employment, regular income, and manageable existing debts work in your favour.

Lenders conduct affordability checks to ensure you can manage repayments. This protects you from taking on debt you can’t afford, even if a lender is willing to offer it. Responsible lending means considering your full financial situation, not just approving everyone who applies.

What we can’t help with:

We can’t assist if you’re currently bankrupt, in an active IVA, have no income, or if affordability checks show the loan would cause financial difficulty. In these situations, free debt advice from organisations like StepChange or Citizens Advice offers better support than additional borrowing.

Why Use a Broker Like Sunny for Same Day Loans?

Going direct to lenders means multiple applications and multiple credit checks. Using a broker offers significant advantages:

Access to multiple lenders through one application

Our panel includes numerous FCA-authorised lenders, each with different criteria and rates. One application reaches them all, dramatically increasing your chances of approval compared to applying individually.

Soft credit check protects your score

When we search lenders, we use a soft check that’s invisible to other lenders and doesn’t affect your credit score. Only when you accept an offer does the chosen lender conduct a full check. This prevents the score damage that comes from multiple rejected applications.

Save time comparing options

Rather than researching dozens of lenders, checking their criteria, and applying separately, you provide your details once. We handle the searching and matching, presenting you with viable options in minutes.

No fees for our service

Using Sunny costs you nothing. We never charge application fees, broker fees, or any other charges. Lenders pay us a referral fee when you take out a loan, keeping our service free for you.

Expertise in specialist lending

We understand which lenders work best for different situations. Need emergency loans with bad credit? We know which lenders specialise in that. Want the lowest rate for excellent credit? We’ll match you accordingly.

FCA protection across the board

Every lender in our network is FCA-authorised, meaning they follow strict regulations on interest rate caps, fair treatment, and responsible lending. You get regulatory protection regardless of which lender you choose.

Speed Without Sacrificing Responsibility

The defining feature of same day loans is speed, but rapid processing doesn’t mean reckless lending. Lenders in our network combine quick decisions with thorough affordability checks.

How lenders achieve same-day funding:

Modern banking technology enables instant verification of income, employment, and bank account details. Automated systems can assess affordability within seconds, flagging applications that need human review. This means genuine cases receive near-instant approval whilst maintaining lending standards.

When speed matters most:

• Car repairs: Your vehicle breaks down, and you need it for work tomorrow
• Boiler failures: Winter breakdown requiring emergency heating repair
• Urgent vet bills: Your pet needs immediate treatment
• Essential appliance replacement: Your washing machine or fridge fails unexpectedly
• Emergency home repairs: Burst pipe, broken lock, or urgent safety issue

For smaller amounts under £500, consider small loans that prevent over-borrowing whilst still providing same-day funding. For situations requiring instant decisions rather than urgent funding, instant loans prioritise immediate approval with slightly longer transfer times.

24/7 processing means genuine same-day availability

Unlike banks that only process during business hours, our partner lenders operate around the clock. Applications submitted on Saturday evening still receive same-day consideration. We process over 7,500 quotes daily, demonstrating the consistent demand and our capacity to handle applications any time.

Realistic timeframes:

Most approved applications receive funding within 15 minutes to 2 hours. Factors affecting speed include your bank’s processing times, application completeness, and whether additional verification is needed. Lenders aim for same-day funding but can’t guarantee it if banks delay transfers or applications need manual review.

Check your eligibility now

What makes us different:

• Over 1 million customers since 2022
• 4.5 out of 5 stars on Trustpilot (7,385 reviews)
• 7,500+ daily quotes processed
• FCA-authorised broker and lenders
• Never any fees from Sunny
• Soft credit check won’t affect your score

What to Consider Before Applying

Same day loans solve urgent problems, but borrowing requires careful thought even in emergencies:

Can you afford the repayments?

Work out your monthly budget honestly. After rent, bills, food, and existing debts, can you comfortably afford the monthly loan payment? Missing payments leads to additional charges and damages your credit score, making future borrowing harder.

Borrow only what you need

It’s tempting to borrow extra “just in case,” but this costs you more in interest and increases financial pressure. If you need £800 for car repairs, borrow £800, not £1,500.

Consider the total cost, not just monthly payments

A 12 month loan has lower monthly payments than a 6 month loan, but you pay more total interest. Balance affordability with minimising total cost.

Have you explored alternatives?

Before borrowing, consider whether you could:

• Use savings if you have an emergency fund
• Arrange a payment plan with the service provider (many tradespeople offer this for emergency work)
• Borrow from family or friends interest-free
• Use an existing credit card if the rate is lower
• Negotiate more time to pay

Is this a genuine emergency?

Same day loans exist for unexpected urgent costs, not for holidays, shopping, or discretionary spending. The high APR makes them unsuitable for non-essential purchases.

Already struggling with debt?

Taking on more debt when you’re already stretched rarely helps. Free debt advice from StepChange (0800 138 1111) or National Debtline (0808 808 4000) offers better solutions. These services help negotiate with creditors, consolidate debts, and create manageable repayment plans.

How Sunny Protects You

Financial services involve trust. Here’s how we protect your interests and your data:

FCA authorisation and regulation

Sunny (Upward Finance Limited, company number 11365247) operates as an Appointed Representative of Flux Funding Limited (FRN 806333), which is authorised and regulated by the Financial Conduct Authority. This means we follow strict rules on fair treatment, transparent pricing, and responsible lending practices.

Every lender in our network holds their own FCA authorisation, subjecting them to:

• Interest rate caps preventing excessive charges
• Mandatory affordability checks
• Clear communication requirements
• Fair treatment obligations
• Complaint resolution procedures

Your data security

We encrypt all personal and financial information using industry-standard security protocols. Your data is shared only with lenders you choose to apply to, never sold to third parties. You can request access to your data or deletion at any time under GDPR rights.

Soft credit check first

Our initial eligibility check uses a soft search visible only to you. Other lenders can’t see it, and it doesn’t affect your credit score. This protects you from the score damage that comes from multiple rejected applications.

Right to withdraw

You can stop the process at any time before accepting a loan offer. There’s no obligation to proceed just because you’ve started an application or received offers.

Transparent pricing

Lenders must show you the total amount repayable, APR, monthly payment, and all fees before you accept. There are no hidden charges or surprise costs.

Early repayment freedom

If your circumstances improve and you want to clear the loan early, you can. There are no early repayment penalties, and paying off early saves you interest.

The Application Process

Knowing what to expect reduces anxiety and speeds up approval:

Information you’ll need:

• Personal details (name, date of birth, address history for 3 years)
• Employment information (employer name, income, pay frequency)
• Bank account details (account number, sort code)
• Monthly expenses (rent/mortgage, bills, existing debt repayments)
• Contact details (email address, mobile phone number)

How long it takes:

• Application form: 2 minutes to complete
• Lender matching: Instant (you see results immediately)
• Lender decision: 2-15 minutes typically
• Funding transfer: 15 minutes to 2 hours after approval

What happens after you apply:

Once you’ve chosen a lender and completed their application, they assess affordability using your bank transaction history, income verification, and credit file information. This takes minutes for straightforward applications.

If approved, the lender sends funds to your bank account electronically. Most banks credit accounts within an hour, though some take longer depending on their processing systems.

You’ll receive confirmation by email and SMS showing your monthly payment amount, repayment dates, and total amount repayable. Set up a direct debit immediately to ensure you never miss a payment.

If additional information is needed:

Occasionally, lenders need extra verification like a recent payslip, bank statement, or proof of address. This typically happens for larger loans or when automated verification systems can’t confirm details. Providing this quickly ensures same-day funding isn’t delayed.

Find your match today

Why you can count on Sunny:

• Over 1 million customers since 2022
• 4.5 out of 5 stars on Trustpilot (7,385 reviews)
• 7,500+ daily quotes processed
• FCA-authorised broker and lenders
• Never any fees from Sunny
• Soft credit check won’t affect your score

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

APR range: 9.3% to 1,721% depending on your circumstances. The rate you’re offered will depend on your individual situation and the lender you choose.

Need help with existing debt? Free, confidential advice is available from StepChange (0800 138 1111), National Debtline (0808 808 4000), and Citizens Advice.

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