Do you urgently need cash for an emergency situation but don’t know where to turn to? Well, you can easily get instant loans online of any amount up to £1,500 if your request is approved.
At PM Loans, we understand that financial emergencies crop up when you are least prepared and the only option you might have at such times is to look for instant loans. You can apply for instant loans online conveniently from your home or workplace 24/7 every day.
What are Instant Loans?
Instant loans are a form of short term loans that allow people to borrow a small amount of cash fast and conveniently via the Internet. The loans are designed to help you handle a financial emergency such as a car breakdown, home repair, and any other sudden need for money.
The loans are generally for small amounts ranging from as little as £50 to £1,500 or more. Usually, instantly approved and the money deposited to your bank account on the same day that you apply or sometimes within a few hours or minutes depending on the lender you choose to borrow from.
Are Instant Loans secured or unsecured?
As instant loans are usually for smaller amounts and are in most cases unsecured. What is the difference between secured and unsecured loans?
An unsecured loan is one where the lender does not require collateral. While in secured loans the borrower is required to leave something of value such as property that the lender can claim if the loan is not repaid. In a secured loan the lender has some form of security.
Can I get a loan if I have bad credit?
In most cases, banks will turn down your application if you have a bad credit score. If you have a bad credit history, they consider you as a high-risk borrower and not likely to pay back the money.
However, we, on the other hand, do not base decisions on your credit score alone. We also focus on your ability to repay the loan through salary or another source of income. We could still give you a loan despite your bad credit rating as long as you demonstrate the ability to pay the loan on time.
How to apply for Instant Loans
- Start your application. The application process itself is a very quick and simple one. You simply need to fill out our online form with a few details and your good to go.
- Application approval. Once applied, all you have to do is wait… a few minutes. Within a few minutes, you will get your response. If we can offer you a loan and if accepted then we will be with you throughout your own loan journey. If not, then you will be passed on to one of our panel of lenders.
- Receive your cash. Once accepted by ourselves or one of our reputable lenders, provided all your details are correct, you will get the money straight into your account within a few hours. This makes our lending process one of the fastest possible ways to get finance. That is everything, you can then spend the money as you want.