Need a loan but can’t manage repaying it all at once? Instalment loans allow you to borrow money quickly, with repayments spread out over a longer period of time. Payday Loans Net offers instalment loans of up to £1,000, over 3 – 6 months. We are an authorised direct lender in the UK and even consider applicants with poor credit scores. No guarantor is necessary, and we provide you with a fast decision. Apply today with our 3-minute application process. If approved, you’ll get your money within an hour. Why wait? Apply for instalment loans now and resolve any financial problems you may be having.
What is an Instalment Loan?
As direct lenders for instalment loans, we offer you the very best rates, so you can receive personal instalment loans now. An instalment loan is a type of loan that you repay in a number of payments, rather than having to repay the entire debt in one lump sum. Offered as a short term loan, our payday instalment loans can be repaid in as little as 30 days, with a maximum repayment period of 6 months. There are numerous benefits attached to personal instalment loans. One of the major benefits of instalment loans is the aspect of flexibility, allowing you to manage your budget far better than you would be able to otherwise. This enables you with the ability to repay your instalment loan in small sums, rather than having to pay out a large, lump sum, which allows you to have money left afterwards. As responsible lenders, we want to ensure that the money we lend to you helps you, rather than becomes a hindrance.
At Payday Loans Net, payday instalment loans can be paid in up to 6 monthly instalments. This gifts you with half a year of increased flexibility, allowing you to easily maintain a stable budget if you manage your spending responsibly.
To find out more about our instalment loans, inclusive of instalment loans for bad credit, click here and find out exactly what loans such as instalment loans in the UK can do for you.
Why Might You Need an Instalment Loan?
Whatever the reason may be that you require instalment loans, we are here to help. With a quick and easy application process, we can assess your current situation, and let you know if you are eligible for a personal instalment loan from Payday Loans Net. Simply tell us how much you would like to borrow and the length of time you would like to borrow for, and we will do everything we can to approve your loan, regardless of your credit history. We can offer instalment loans for bad credit, so don’t be disheartened if you have faced financial difficulties in the past. We like to take a humanised approach here at Payday Loans Net, assessing your current affordability and ability to make payments now, rather than fixating on your financial past. By applying for a instalment loans now, you can receive an answer regarding your approval within just 90 seconds. If approved, you will receive the funds into your bank account within the hour, alleviating any short term financial issues you may be experiencing.
Instalment Loans for Everyone
As a fir and compassionate direct lender of instalment loans, we do not discriminate against any of our applicants, treating each and every individual with fairness and assessing them in an equal manner. Although we offer instalment loans for bad credit, it will still be necessary to carry out a full credit check within your application process. This is nothing to be concerned over, all direct lenders for instalment loans must by law carry out a full credit check. This is simply to assess whether you have the current affordability to make the repayments you allege that you are capable of. As much as this is a precaution for us, we are also looking out for you, which is why such credit checks for instalment loans are essential. The last thing we would want is for you to worsen your financial predicament by borrowing money that you are unable to ultimately pay back.
If you believe you will be able to pay back the specified loan amount, apply to and begin alleviating your financial pressures, resolve your financial emergency and begin to reduce the stress that these issues are causing. Even if you have applied for a loan with Payday Loans Net in the past and have not been successful, you are absolutely welcome to apply again. We understand that the financial situations of our applicants will constantly change, so feel free to reapply and we will do everything we can to help you out with the money that you need, today.
Instalment Loans FAQs
What are the Benefits of Using Direct Lenders for Instalment Loans?
There are many advantages of using direct lenders for instalment loans in the UK. You will be dealing with a lender who provides you with the instalment loan and remains to be your main point of contact throughout your journey with us. We do not pass your information on to any third parties, so you don’t have to put your personal information at risk. A broker who deals with multiple, sometimes unreputable lenders will pass your information onto third parties, putting your privacy at risk. By using us as your direct lender for instalment loans, you will also gain access to the lender’s login area where you can easily manage your instalment loan. To apply for an instalment loans now from Payday Loans Net, go to the Payday Loans Net apply page.
How Long Does it Take To Get a Payday Instalment Loan?
When applying for an instalment loan with Payday Loans Net, approved applicants can expect to receive a decision within 90 seconds, and the funds within your account within an hour, if approved within business hours. As a flexible instalment loan direct lender, we allow you to make repayments up to 6 months. Get your money quickly, repay it slowly, and reap all the rewards in the process. That’s the Payday Loans Net way.
Can I Apply for Small Instalment Loans for Bad Credit?
You absolutely can. We offer instalment loans for bad credit, rather than penalising you for your financial history. Improving your credit score can be a slow and laborious process, and we do not believe your financial past defines you in the present. As long as we see that your credit is improving and you can prove the ability to make monthly payments, instalment loans for bad credit will be readily available to you. As aforementioned, by law we must carry out credit checks on all instalment loan applicants.
Can I Get Monthly Instalment Loans with No Credit Check from Direct Lenders?
If you are offered an instalment loan by any lender or broker without a credit check, it is likely that this provider is operating either illegally, or under a false pretence. For your own security, we recommend that you do not ever go forward with an application if no credit check is offered. Remember, checking your credit history is a safeguard from the Financial Conduct Authority to help borrowers stay out of debt. Payday loans with no credit check from a direct lender are not worth your while.
Should I Get an Instalment Loan?
Whether you should or should not take out an instalment loan is entirely up to you. Taking out an instalment loan is a commitment that you will take full responsibility for, and you should treat it as such. Only ever take out an instalment loan for an emergency, if you are able to make the specified repayments, and never use it as a long term solution to any financial issues you may have. If you are absolutely confident that an instalment loan is right for you, then you should absolutely consider Payday Loans Net as your instalment loan direct lender. We are fully authorised by the FCA and offer flexible repayment terms of 3 to 6 months. You can apply for a same day loan with no guarantor today – even if you have bad credit.
Eligibility for Instalment Loans in the UK
Instalment loans can be a great solution in the resolution of financial difficulties, but there are some specific criteria to deem you eligible. Payday instalment loans form Payday Loans Net give you the option of paying it back over 3 – 6 months.
We are a UK-based direct lender specialising in instalment loans for bad credit. To get a loan from us, you must:
- Reside in the UK
- Have a UK bank account
- Have a steady income
If you have any queries or problems that you cannot resolve on the phone, feel free to contact us within working hours, before 4pm.