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

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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Number of Applicants
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.


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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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Doorstep Loans in the UK: Finding the Best Loan Solutions

Perhaps one of the oldest forms of loans that are currently being offered in the lending industry, doorstep loans for bad credit are also one of the most convenient. But with the endless rise in demands for loans and other loan services as well as the subsequent increase in the number of borrowers and their unpaid debts, traditional lending firms and institutions were left to take contingency measures to help stabilise the lending business’ future. As a result, a credit scoring system was designed to work towards the lending firms’ end, and devised specifically to address the industry’s persistent problems. With such credit scoring system in place, the lending firms were easily able to classify borrowers according to their finances. Through this system, borrowers whom the lending firms perceived to be unlikely financially capable of paying off their loans were easily segregated from those whom the lending firms believed to be capable of paying off their loans without any problem. Individuals who earn less than what the lending firms and institutions have decided as the acceptable minimum were automatically given poor credit scores, while borrowers who may have repeatedly or frequently missed some of their regular payments found their records automatically reflect their bad payment history. As a consequence, borrowers with poor credit scores and bad payment histories were automatically disqualified from acquiring any type of loan from any of the standard lending institutions. But while this credit scoring system proved to be of great help to the lending firms and institutions, its effects proved to be extremely detrimental to the finances of the borrowers.

Since borrowers with poor credit scores and bad payment histories were automatically precluded from securing any type of loan from any of the industry’s legitimate lending firms, they were often left with very few, often impractical and unacceptable financial options whenever they were faced with urgent financial situations. Because borrowing from their friends or members of their families as well as selling off their properties to raise money were not always possible nor were they always easy, borrowers were often left to resort to underground loans from illegally lending individuals and firms. And while through this option, borrowers are given the temporary financial relief that they seek, the long term repercussions associated with underground loans leave many borrowers in even worse financial conditions. Because of underground loans’ excessively high interest rates, many borrowers are left in a cycle of difficult financial circumstances.

why choose doorstep loans

Getting Doorstep Loans for Bad Credit

As more and more borrowers with poor credit scores and bad payment histories fell into the same cycle of unending financial problems, an entire new market comprised of borrowers with bad credit was inevitably created. And with the continuously increasing demands for more affordable, more acceptable, and much more secure loan services in the newly formed market, lending firms and institutions later on came up with innovative new loan solutions. With innovative new loan services such as doorstep loans for bad credit, borrowers now have easy access to more acceptable, more affordable, and far safer loan solutions in times of urgent financial situations.

Doorstep loans are loans that allow borrowers to process the entire loans right straight out of the comfort of their very own homes. Through these types of loan solutions, loan agents personally take care of the borrowers’ needs by paying them a visit. With doorstep loans, loans are delivered and collected to the borrowers’ doorsteps, and borrowers are given more flexible options by allowing them to personalise their payment timetable. Through doorstep loans for bad credit, borrowers need not have to settle with illegal loan services.

How to Get Doorstep Loans and Instant Loans for Bad Credit

With the latest developments in technology and security as well as the continuing evolution of the lending industry, applications for doorstep loans and instant loans for bad credit are so much faster and far more convenient. Through doorstep loans and instant loans, borrowers may now submit their applications right straight out of the comfort of their own homes. With doorstep loans and instant loans for bad credit, borrowers may now submit everything online, giving them the convenience of being able to submit their applications from anywhere, and at anytime. And because everything can now be completed entirely over the internet, loan applications are now processed just shortly after they are submitted. Consequently, approvals for these applications may now be expected within just minutes after they have been processed. The release of funds for approved doorstep loans and instant loans, on the other hand, may now be completed just hours after the loan applications were submitted. With this highly useful and convenient features of doorstep loans and instant loans for bad credit, these loan services make good choices in times of urgent financial crises. But because doorstep loans and instant loans are generally small loans that are normally arranged for borrowers to pay over short payment terms, these types of loan options do not make good solutions to more complicated financial situations. In addressing financial needs that require loans in much higher amounts and much longer payment term conditions, borrowers are always better off getting secured loan options, which can be easily repaid in longer payment terms.

Getting Doorstep Loans from Direct Lenders

A lot of borrowers tend to believe that because procuring loans from the lenders directly does not involve paying for loan brokers’ fees, this option yields far more savings and much more benefits in the long term. What many seem to be unaware of, however, is the fact that because loan brokering firms rely on numerous lenders across various areas to render their services, it also follows that they have direct access to all the different discounts and promotions that are being offered by different lenders across their different lending services. For this reason, borrowers who opt to secure loans through the help of loan brokers actu ally enjoy far more savings and so much more benefits in the long term.

why choose doorstep 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.