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%

Moving Forward Starts Here

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

See Why They’re Happy

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


Number of Applicants
with Bad Credit


Paid Out


Plan Term Periods
Paid Back Early



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

Virtuloan is a credit broker and not a lender. We pass your information to a lender once you have been accepted for a plan. We take a fee from the lender only, once you’re approved and we do not add charges to your plan in doing so.

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.

Dedicated Customer Service

It’s our job to make sure your questions are answered.

The Lenders List

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3 months
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Bad Credit Payday Loans Guaranteed Approval: The Important Things You Should Know

Bad credit payday loans guaranteed approval are popular financial instruments that helped thousands of people worldwide. Don’t get discouraged by the name – a bad credit loan doesn’t necessarily mean that it’s bad. Rather, it’s meant to solve the problems of people with low or no credit. A bad credit payday loans guaranteed approval is often marketed as a financial solution that incorporates speed, value, and flexibility in a nice mix. Bad credit payday loans guaranteed approval for many borrowers caught in a financial ditch.

Before applying for a bad credit payday loans guaranteed approval, you need to prepare ahead of time. You can start by analysing these following important points:

A Bad Credit Loan Can Save You

Even though bad credit payday loans guaranteed approval are meant for individuals with bad credit histories, they can save you from many immediate financial troubles. Bad credit payday loans guaranteed approval usually have lower interest rates but you need to compensate in other aspects like shorter repayment periods and persistent collection agencies. Many bad credit payday loans guaranteed approval lenders in UK can also offer flexible amounts exceeding £2000, but the interest will scale as well. Recently, the number of bad credit lenders has increased, emphasising people’s need for quick cash.

…But It Can Bring You Down As Well

Don’t smile yet – bad credit loans have their share of disadvantages. If you cannot repay a bad credit loan on time, you’ll sink in debt. Interest rates may be low but you’ll have to contend with penalties. If you’re not careful, penalty rates can even exceed the principal. Once you’re locked in with a credit loan agreement, you must do everything to repay the loan within the time period. But miscalculations do happen – what should you do in this case? Well, you should brace for the penalties, but make sure that it won’t happen again. Repay the loan amount and its related fees, and then get out of the agreement.

Rates are Manageable for Good Payers

Good payers will receive special consideration from bad credit lenders due to their contributions in the lending business. If you’re a good payer, there’s also a great chance that you’ll reap discounts along the way. Your interest rates will also climb slowly, giving you a large financial room to maneuver. For secured loan providers, this will be a rare occurrence since everything must run according to protocol. To enjoy the flexible rates offered by bad credit lenders, make sure that you don’t acquire penalties.

Online Applications are Faster

Bad credit lenders allow online applications to help people get their money fast. Once you visited a bad credit lender’s website, you’ll be taken to the application page. Usual applications will take only a few minutes. After getting the approval message, the lender will send your money through your bank account. In-person application is still the best method because you’ll be able to gauge if the lender can be really trusted or not. However, if you’re pressed for time, online lenders can give you a helping hand.

Repayment is Automated

Bad credit payday loans guaranteed approval lenders use the power of automation to collect their dues. Once your repayment date arrives, your debt will be deducted from your ATM or bank account. This automation level has gathered positive and negative reviews. On the positive side, borrowers can save time because they don’t need to visit the lender’s office to complete the repayment. On the negative side, some borrowers believe that the automation is intrusive. After all, getting your account overdrawn can somehow hurt your pride.

No Credit Checks Involved

Bad credit loan lenders, though not all, don’t have rigorous credit checks. Instead of going after your credit history, bad credit lenders will check your employment status and other means of income. They might also check your social media accounts to analyse your spending habits. Nevertheless, you don’t have to worry about credit checks of bad credit lenders.

Bad Credit Loans are for Everyone

Everyone can apply for bad credit loans, unless the lender has specifications. As a rule of thumb, you must have an income source before applying for a bad credit loan. This will increase your chances of getting pre-approved. To begin with, most credit loan applicants experience high approval rates.

You Should Have a Repayment Strategy

A repayment strategy will help you see your loan in multiple angles. In this way, you’ll be able to come up of solutions on how to repay the loan. The things that you should include in your repayment strategy are financial pitfalls, strengths, outstanding debts, and lender specifics. Craft a repayment strategy once you’re under a bad credit loan, and you won’t have problems.

Bad credit loans can only work properly if you have a high sense of self-discipline. The availability of these loans might cause you to be dependent, so you need to observe your financial habits. If you don’t have problems with your discipline, then bad credit loans can be your financial aces!

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 https://uk.trustpilot.com/ to guarantee authenticity.