Need a loan but can’t manage repaying it all at once? Instalment loans allow you to borrow money quickly, and repay over a longer period of time. Payday Loans Net offers instalment loans of up to £2000, for as long as 1 – 6 months. We are an authorised direct lender in the UK and accept bad credit scores too. No guarantor necessary and fast decision – get your money today, if approved!
FAQ’s About Instalment Loans
What are the Benefits of getting an Instalment Loan from a Direct Lender?
The advantage of getting instalment loans from direct lenders only in the UK is that you deal with the lender who provides your loan. A broker, on the other hand, will pass your information onto third parties, putting your privacy at risk. To apply for an instalment loan from direct lender Payday Loans Net, go to the Payday Loans Net apply page.
How Fast Can I Get my Payday Instalment Loan?
Very. When you apply for a loan, you will receive an instant decision. If approved, we aim to fund the money on the same day, during working days. Our flexible instalment loan terms allow you to repay in up to six months. Get it quickly, repay it slowly – that’s Payday Loans Net in a nutshell.
Can I Apply for Small Instalment Loans for Bad Credit?
Absolutely. We know that it takes a lot of patience and commitment to improve a credit rating. Therefore, we welcome applications for instalment loans for bad credit as long as we see that your credit is improving, and you are likely to repay your loan amounts on the repayment date. Please note, as part of being a responsible lender, we always carry out credit checks on applications.
Can I Get Monthly Instalment Loans with No Credit Check from Direct Lenders?
No credit check instalment loans are not recommended in the UK. However, some lenders, like PDNET accept loan applications for bad credit. Remember, checking your credit history is a safeguards from the Financial Conduct Authority to help borrowers stay out of debt, so payday loans with no credit check from a direct lender are not worth your while.
Should I get an Instalment Loan?
Taking an instalment loan is a commitment that you will take responsibility for. Only take a loan for an emergency if you’re sure you can repay on time. Are you confident that an instalment loan is right for you? Consider Payday Loans Net. We are fully authorised by the FCA and offer flexible repayment terms of 1 to 6 months. You can apply for a same day loan with no guarantor today – even if you have bad credit.
What is an Instalment Loan?
An instalment loan is a loan that you repay in a number of payments, instead of paying in one lump sum. Instalment loans can be a short term loan of as little as 30 days, or it could take as long as 2 years to repay. The benefit of this increased flexibility allows you to manage your budget better, as you can repay the loan in small sums and still have money left over.
At Payday Loans Net, you can pay your loan in up to 6 month instalments. That’s half a year of increased flexibility, and maintaining a stable budget. To find out more about our loans, visit our page about payday loans from a direct lender for bad credit in the UK