Borrow £400 Online

An emergency such as a car breakdown will require you to take a quick loan of £400 if you have an insufficient bank balance. Application for loans online is pretty straightforward. And the decision is almost instant, making this loan convenient for you.

Get My Quote

Am I Eligible for a £400 Loan?

To be eligible for a £400 short term loan, you must fulfill the following requirements:

  • You must be a UK resident with proof of address
  • You must provide debit and bank card information
  • Be employed or self-employed and with a steady source of income
  • You must be at least 18 years of age.
  • Provide an email address and phone number

The above criteria are meant to assist you in self-access whether you qualify before applying for loans online. Your financial ability to repay the loan and credit history will be put into consideration before your lender makes the final decision.

Where Can I Borrow £400 with Bad Credit in the UK?

With bad credit, you're probably wondering where you can get a loan. Let's look at some companies that offer money loans for bad credit:

1. Direct Lender for Bad Credit

A direct lender is one that deals with the borrower directly rather than going through a third party like a broker or intermediary. They often offer unsecured personal loans, which means no collateral is required. This makes them ideal for people with poor credit scores who don't have any assets they can use as security against their loans.

2. Online Broker

Applying for a loan with a bank or building society can be expensive and difficult for people with bad credit. Therefore, the best place to start is by looking at online brokers. These companies offer loans of up to £5,000 at lower rates than traditional lenders. As such, you may also want to consider borrowing from an online lending platform such as UKBadCreditLoans. We match you with investors who are looking for good returns on their money.

How Quickly Can I Get My £400?

Applying for a loan online is pretty quick and easy. So there’s no need to wait weeks. Most of our customers are funded within 24 hours of applying online and receiving a decision from the lender they choose. Once you’ve applied, your loan could be approved and processed quickly.

Looking to Borrow Money Easily?

1 month

Representative Example: Rates from 43.1% APR to 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £1,200 borrowed for up to 75 days. Total amount repayable is: £1506. Interest charged is 0.34% per day, amounting to £306, annual interest rate of 124% (variable). Representative APR: 49.7% (variable).

Will the Application Affect My Credit Rating?

Once you decide to accept the loan quote we provided, your lender will proceed to process your application. The lender is legally required to carry out a hard credit search on your file as part of this process. This will affect your credit history and be recorded on your credit file.

Borrow £400 Totally Online Now!

Bad credit? No problem! UKBadCreditloans has got your back covered with 100+ trusted online lenders to get you connected with a £400 cash loan approved within 24 hours.

Get Your Quote