Small loans are described as short term loans that can range from £50 to £1500. They’re useful tools for financially keeping you afloat till payday. Small loans are generally applicable by those who need to take care of small unexpected expenses.
Such as car repairs. These aren’t commonly handled by the typical monthly budget. These sudden expenses tend to take you by surprise. Even though they’re usually not that serious in the long-term, handling them from early can prevent the costs from potentially increasing, thus restoring your peace of mind.
Using your Small Loan
Small loans can be the helping hand you need when financial hardships come around. Our loan solutions are currently designed only for short term financial assistance and they’re useful in occasions such as covering the income gap between leaving an old job and finding a new one. They’re advantageous for covering necessities, essentials and unexpected bills such as drivers’ license or ID card renewal.
What are the benefits of Payday Loans?
Choosing a loan with PM Loans allows you to keep your privacy and avoid asking family and friends to borrow from them. See more benefits below:
- All credit histories welcome. We consider your affordability/circumstances as well as credit
- It’s discrete. No need to ask a bank manager or family member
- High acceptance rates. Have the ability and affordability to repay a loan
- Quick Cash – You’ll receive the funds on the same day or the next working day
Am I eligible for a loan from PM Loans?
Here at PM Loans we have straightforward eligibility standards, applicants must:
- Must be over 18 years old
- Be a resident in the UK
- Be employed or have a stable source of income
- Meet the affordability and credit checks
If you would like to discuss our eligibility criteria or have any more questions? Don’t hesitate to get in touch!
Will having bad credit affect my chances of getting a Small Loan?
If you’ve got bad credit, don’t be disheartened. It’s not too late to get a small loan. Our acceptance rates are high as PM Loans pays attention to the individual’s affordability. So you have a greater chance of obtaining your loan.
Applying for a Small Loan?
Applying for your small loan with PM Loans is very straightforward. Firstly, choose your desired amount with the desired borrowing duration using our loan calculator and your estimated repayment will be calculated. Next, complete the easy application form, it requires expenditure, income, personal details, and bank details. You’ll be contacted with a decision in minutes.