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Instant Online Payday loans

From the best UK Direct Lenders

How much?

Representative Example: Borrow £200.00 for 60 days. Repay in 2 payments, first payment in 30 days

Each Payment: £147.04. Total Repayment: £294.08, Interest: £94.08.

Interest p.a: 365%(fixed). Representative APR 1058%

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A personal loan can help you take control of your finances.

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Our customers rave about Virtuloan. We’re just happy to help.

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with Bad Credit

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Applications
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Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Loans subject to status. Over 18s only. Minimum loan amount may apply.

Rates from 4.5% APRC to 65.2% APRC are available – the highest rate is for customers with severe credit problems. Loans available from 1-25 years. TYPICAL 10.9% APRC variable

The Different Kinds of Loans

There are many different types of loans for many different uses, this means that it can be quite difficult to find the right loan to suit you and your needs. We are able to help you find the right loan for you no matter what it may be.

For more information on the types of loans that we do at Virtu Financing click on our drop down menu here >>

If you are having trouble deciding still then feel free to use the Contact Us page to ask for some professional help on what might be best for you.


Loan Customisation

Choose a loan option that works best for you.

No late fees

What you see is what you get – no hidden or late fees.

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The Lenders List

Loan amount
15000
Loan term
3 months
CUSTOMERSCORES
Good
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Loan amount
12000
Loan term
2 Months
CUSTOMERSCORES
Excellent
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Simple Loans in the UK: Finding the Best Loan Solutions

With the incessantly rising demands for loans and other loan services, as well as the consequent surge in the number of borrowers with unpaid debts, traditional lending institutions such as banks and other lending firms have decided to come up with long-term solutions designed specifically to address such problems. As a result, a credit scoring system designed towards this end was devised to help lending institutions and firms achieve their intended ends. With this credit scoring system in place, lending institutions and firms were given the capability to easily classify the borrowers according to their respective personal financial capacities. Borrowers whom the lending firms and institutions deemed incapable of paying off their debts in the future were easily segregated from the borrowers whom they thought might be likely capable of paying off their loans without any problem. Under this credit scoring system, individuals who earn less than what the lending firms and institutions have decided as the minimum were automatically given poor credit scores. Borrowers who either frequently or repeatedly missed out on their payments, regardless of their reasons, had records that automatically reflected their bad payment histories. As a result, individuals with poor credit scores and bad payment histories were automatically precluded from acquiring any type of loan from any of the lending institutions and firms. And while lending firms and institutions found this credit scoring system extremely helpful, its long term effects proved to be highly detrimental to the borrowers’ finances. Because borrowers with bad credit could no longer avail of any type of loan from any of the legitimate lending firms and institutions, they have often left with very few, often impractical or downright unacceptable options in times of urgent financial situations. And since selling off properties to raise money or borrowing from family or friends directly are not always possible nor are they easy, borrowers were often no other alternatives in times of urgent financial crises other than taking underground loans from illegal lenders. Although this loan option does give borrowers the temporary financial relief that they seek, the long term effects associated with underground loans often leave borrowers in even worse financial situations. Because of the excessively high interest rates that are inherent to underground loan services, borrowers are often left in a cycle of difficult financial circumstances.

why choose simple loans

Getting Simple Loans for Bad Credit

As more and more borrowers with bad credit find themselves in either similar or the same cycle of difficult financial circumstances, a whole new market comprised entirely of borrowers with bad credit was inevitably eventually created. And as demands for better, more affordable, more flexible, and much safer loan services continued to increase in this growing market, lending firms and institutions eventually came up with innovative new loan solutions. With innovative new loan services such as simple loans for bad credit, borrowers finally have easy access to more acceptable, more affordable, and much more secure financial services especially in times of urgent financial crises. Through innovative new loan solutions such as simple loans for bad credit, borrowers now have much faster and more convenient loan alternatives. Unlike applications for most of the conventional loans that are being offered by many of the traditional lending institutions and firms, application procedures for innovative financial services like simple loans for bad credit no longer entails having to submit impossibly hard to procure requirements. With these types of loan solutions, borrowers no longer have to wait in long lines for long hours just to submit their loan applications, nor do they have to endure even longer waiting when it comes to their applications’ approvals, as well as the subsequent release of approved loans’ funds.

How to Get Simple Loans and Instant Loans for Bad Credit

Through the continuing evolution of the lending industry, as well as the latest developments in technology and security, borrowers finally have much faster and more convenient financial alternatives especially in times of urgent and difficult financial crises. With innovative new loan solutions such as simple loans and instant loans for bad credit, borrowers now have the convenience of being able to submit their loan applications from the comfort of their own homes. And because everything can now be accomplished online, borrowers finally have the option to submit their loan applications from anywhere, anytime. Through simple loans ad instant loans for bad credit, borrowers may now submit both their application forms as well as requirements completely over the internet. And since everything can now be done over the internet, loan applications can now be processed as soon as they are submitted. Approvals of applications for simple loans and instant loans, on the other hand, may now be expected in as little as just minutes after they were processed; while the release of funds for approved simple loans can now be completed in as early as mere hours after the loan applications were submitted.

Because of these highly convenient features of simple loans and instant loans for bad credit, these loan services actually make great solutions to addressing urgent financial crises. But since simple loans and instant loans are typically small loans that are generally arranged for borrowers to repay over much shorter payment terms, these loan services do not make good alternatives in addressing more serious financial crises. In addressing more complicated financial circumstances, borrowers are better off getting secured loan options, which are easily payable in much longer payment term conditions.

Getting Simple Loans from Direct Lenders

For many borrowers, a common misbelief is that because taking loans from the lenders directly saves them from having to pay for loan brokers’ fees, it also follows that through this option, they will be able to enjoy more benefits. What many are not aware of, however, is the fact that because loan brokering firms rely on their connections on lenders from different areas, it also follows that they have unrestricted access to the different deals and discounts being offered by different lenders across different services. Due to this, borrowers who opt to avail of loans through loan brokering firms actually benefit from more savings and more privileges in the long term.

why choose simple loans

 

3 most recent personal loan reviews

Review of Money

Absolutely outstanding service. Quick and smooth online application and was called 4 hours after submission to confirm bank details etc and treated me and my guarantor with respect. Money was in my bank at 7pm. Thank you Money loans!

Review posted by Kerri Hancock, Leicester

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Bizzy Loans

I do have to say, one of the best loan sites I have come across, they make everything so easy, with not very good credit history I didn't think I had a chance but they accepted me and I can get my life back on track. Thank you again Bizzy loans.

Review posted by Luke Ridgewell, Chesterfield

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Place For People

A really simple, quick and efficient system to use. The interest rate is a bit steep but it reflects the risk of lending to borrowers with poor credit ratings so I will not complain about that. Being able to pay off extra amounts with out penalties and only paying interest on the amount remaining makes it extremely fair to borrowers.

Review posted by Alan Pinder, Truro

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All Reviews have been acquired from uk.trustpilot.com to guarantee authenticity.