What are Mobile Loans?
You may have guessed it right that mobile loans are short-term loans you can apply for using your smartphone or any other device that can be connected to the internet. A good example of a mobile loan is a quick loan of £100 to cover your electricity bill.
There are different types of mobile loans depending on the amount you want and your repayment period. At UKBadCreditLoans, we help you get access to varying types of these loans, including quick loans, short-term loans, payday loans, and same-day loans.
What Do I Need to Apply for a Mobile Loan in the UK?
Before applying for any loans over the phone via our platform, we usually advise our clients to confirm that:
- They are over 18 years old
- Have a recurrent income, i.e. from employment
- Have an active bank account linked with a debit card
- Live in the UK
Evidently, these are everyday requirements that should not stop you from getting a loan. Why have a recurrent income? Well, this eligibility criterion guarantees that you can afford the short-term loan you want. Our goal is to connect you with trustworthy lenders online. For that reason, we also strive to meet our end of the bargain by linking lenders with individuals who can repay their loans comfortably.
Can I Get a Mobile Loan with Bad Credit?
Your bad credit should not be an issue that keeps you worried about whether or not you will get a loan. UKBadCreditLoans can give you phone loans even with bad credit. One thing we understand is that your financial history might not accurately portray your current situation. Therefore, if you meet the eligibility requirements, you can apply for a mobile loan with us and get your quotation in minutes.
|How much can I apply for?||£100 to £5,000||Zero-obligation quote|
|Length of the repayment||1-36 months||Quick payout|
|Interest rates (variable)||49.7%||Zero paperwork|
|Can I apply with poor credit standing?||Yes||Bad/low credit considered|
|Do I have to pay a lump sum?||No||Flexible repayment|
|When am I allowed to apply?||24/7||2-min simple application|
How Does UKBadCreditLoans Help Me with a Mobile Loan?
So, why UKBadCreditLoans? We pride ourselves on offering personalized lending services to our esteemed clients. Besides, the demand for our services has been on the rise simply because we offer:
1. Fast & Easy Application
Applying for a mobile loan with us is fast and easy. We don’t intend to keep you waiting, especially now when you want the money ASAP. With this in mind, we offer the quickest loans, thanks to our streamlined loaning process.
2. Multiple Offers from Our Lenders
We also try our best to connect you with a pool of lenders in the market. This means that you won’t have to apply individually to every lender before you find one that is willing to loan you money. Once you fill out the loan application form, lenders review your details before approving your loan. That’s how easy it is to get a loan through us.
3. Instant Money into Your Bank Account
If your application details meet our requirements. We will send you an approval notice from the lenders. Here, positive feedback means that you will be getting your money within the next ew hours.
Looking to Borrow Money Easily?
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).
Is it Safe to Apply by Phone?
Most people who ask for mobile loans for the first time are always skeptical about lenders and whether it’s safe for them to access loans using their smartphones. Luckily, UKBadCreditLoans uses advanced IT security measures to ensure your information is safe with us. When looking for payday loans over the phone, always review the lender’s website to determine whether you can trust them with your personal information.