A £500 loan is suitable for many situations, though lots of lenders prefer to issue larger amounts. We know how frustrating this can be when in a financial emergency.
Good News: You could borrow £500 over 6 months, 12 months and other flexible terms with no guarantor needed.
All you have to do is use our loan request form to tap in to a network of direct lenders, who are ready and waiting to issue £500 or more.
Let’s take a closer look.
Borrow £500 or More for any Situation
Whether you need to cover some unexpected utility bills, consolidate debt or carry out home improvements, our lenders are ready to issue £500 (or an amount of your choosing between £100 and £5,000), with flexible terms between 1 and 36 months.
Simply choose the amount and term that suits you via our simple web form and we will attempt to match you with a suitable lender. If matched, they will aim to offer you as close to your choice as possible, though they may make a different offer based on an internal assessment of your application.
Before accepting the offer all of the lender’s terms and policies will be made clear to you, including the repayment schedule and interest rate. For example, if the loan is over 12 months, you will know how much each installment will cost and the percentage that goes towards the interest.
Loans for Bad Credit Borrowers Possible
We recognise how stressful it can be to apply for loans with bad credit. That’s why we streamline the entire process and plug you in to a pool of multiple lenders using just one form, with no need to use a guarantor.
While our lenders commonly decide to carry out a credit check, this will not lead to an automatic rejection as with other lenders. They believe everyone deserves access to emergency funds, regardless of past mistakes. That’s why they will take a close look at your employment status, income level and other factors before making their final decision.
One thing’s for sure, you won’t be waiting around. If matched, their assessment is calculated in minutes and you will know onscreen if you have been accepted.
Even better, once you’ve signed the agreement they will begin the deposit process, so you could see the cash in your account sooner than you think!
Clear Interest Rates
UKLoanCity cannot guarantee low interest as we have no decision over the products our lenders offer, however we represent a large network of online lenders who aim to be competitive with other lenders and offer terms accordingly.
The interest you are charged will be determined by the amount you want to borrow, the duration of the loan, the other personal details of your application, the lender’s internal assessment and policies, and current legal regulations.
You will know your APR in advance of signing the contract.
Easy Eligibility Requirements
As long as you are over the age of 18, can provide contact details and a verifiable source of income, and have a bank account on your name – you are eligible to use our form and request a £500 loan.
It’s that easy.
Apply Today and Get Cash!
Getting started is easy. If you apply during the work week and are matched, you could see the cash in your account as soon as the next business day.