Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).

Same Day Loans Furnish Fast Cash Without Delays

A need for fast cash can strike your finances at any time. When emergency expenses arise or bills come due, without money on hand to pay them; you can’t afford to wait for relief. Fast cash is the only solution for urgent spending demands, so conditions sometimes call for money in a hurry.

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Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable). 

If you’re facing a brief, yet urgent need for a financial boost, same day loans may present a viable funding alternative, offering easy online approval and quick turnaround times.

Benefits of Same Day Funding

UK credit options are widespread, particularly for well-qualified applicants. From personal instalment products to traditional revolving credit card accounts, the UK lending market presents a broad range of borrowing opportunities. Each distinct type of credit serves unique functions, helping with long-term financing needs, such as mortgage funding, as well as addressing short-term spending concerns, like everyday expense.

If you’re working out the latter, same day loans may provide the fast cash needed to solve your pressing financial concerns. Consider these advantages when weighing the value of same day loans, compared to other types of consumer financing.

  • Easy Online Application Process – Completing a simple, straightforward online application sets the wheels in motion, matching your £100 loan request with the best available lender. The streamlined loan application saves time, which is a top priority during a cash crunch.
  • Convenient – Getting a traditional loan may require multiple trips to the bank, as well as a mountain of paperwork. Online alternatives are more convenient than brick and mortar loans, saving valuable time when it counts.
  • High Approval Rates – Conventional lenders follow ridged guidelines evaluating credit applications. Not only do the procedures add days or weeks to the funding process, but their stringent requirements may result in denial, knocking you back to square-one. Because online lenders provide small loans with prompt repayment terms, they may have greater flexibility granting your request for fast funding. In most cases, adequate earnings and consistent employment are enough to turn your online application into same day financing.
  • No Spending Restrictions – Various funding alternatives address UK consumer credit requirements. When you buy a house, a mortgage covers the cost, requiring decades of repayment. At the car dealer, an instalment loan gets you on the road, providing multi-year financing for the cost of your new car. Unlike these highly specific forms of funding, same day loans can be used as you wish. Rent due? Roof leaking? Not prepared to pay an unexpected bill? You control the money, so same day loan proceeds can be applied to these and other urgent spending demands.
  • Quick Response Times – Waiting for an answer from your lender doesn’t add up when you need money fast. Online lenders provide quick response times, so you can carry on with the important financial matters at hand.
  • Rapid Loan Funding – Following approval, same day loan proceeds are transferred directly to your current account. It isn’t uncommon for qualified applicants to receive funding within hours of completing Omacl’s online application.
  • Flexible Amounts – Spending demands vary, so custom loan amounts enable you to address your financial needs, without taking-on unnecessary debt. Based upon your earnings and other information provided with your loan application, lenders may approve the amount requested, or offer a different funding limit. There’s no obligation – borrow only what you need.
  • Clear Loan Repayment Terms – Same day loans strictly serve short-term finance needs. The money is paid back within months of borrowing it, so the loans don’t work when multi-year financing is required. Government oversight ensures UK lenders establish clear repayment terms when they approve your same day funding request; there are no surprises during payback.

Omacl is rated 4.85 stars by Reviews.co.uk based on 13 reviews

There’s more than one way to overcome financial challenges – each method has distinct pros and cons. One straightforward resource helping UK workers meet expenses; same day loans furnish fast cash, without some of the drawbacks associated with revolving credit and traditional lending solutions. Completing a simple online application is the first step toward securing a loan the same day you apply.

Credit Card Debt on the Up

Millions of UK families suffer under the weight of excess credit card debt. Lured by convenient transactions and generous promotions offered by card companies, some users fall into unhealthy financial habits. Add rising household expense and salaries that can’t keep pace with the cost of living, and the revolving debt cycle can be hard to break.

same day loan

If you consistently turn to your credit card to meet every day financial responsibilities, lasting changes may be required to stabilise your finances. When your credit card balance is on the up, these creative solutions may provide relief:

  • Take a second job
  • Borrow money from a friend or family member
  • Sell unneeded personal belongings
  • Downsize your house
  • Find a more affordable flat or apartment
  • Get a flat mate
  • Rein-in social spending
  • Skip your holiday this year
  • Remortgage your house

Same day loans solve short-term spending dilemmas, without adding to your credit card balance. UK borrowers prefer flexible same day loans over other kinds of credit, because the proceeds arrive in a hurry, without spending restrictions. Unlike credit card balances that roll over month after month, acquiring additional fees and interest charges, same day loan repayment terms are established up front.

How Does Omacl Compare?

Why Use Us?
How much can I borrow?
Up to £5,000
No hidden fees
Chance of getting approved?
High approval
What are the repayment terms?
1 - 36 Months
No paperwork.
How do I apply?
Apply Online
2 min Application
Do I need to pay back a lump sum?
Easy repayments

Am I Eligible for Same Day Loans?

Lenders each apply their own set of approval metrics when evaluating loan applicants. That means you can actually be declined by one provider, only to have another lender step up offering funds. If you’ve already been turned away by a conventional lender, why not explore same day loans?

same day loans

Omacl’s online application provides an efficient pathway to top same day lenders that may be able to help you with fast cash, when others can’t. And there’s no obligation, so you always decide when and how much to borrow.

Connecting with lenders through Omacl’s loan brokering service streamlines the approval process, because we work with several reputable same day providers. Even with a history of bad credit, there’s a good chance we’ll match your urgent financing need with a lender prepared to offer fast funding. Qualified applicants must meet basic eligibility requirements before receiving same day loan proceeds. Eligible applicants are:

  • Legal Residents of the UK
  • 18 years or older
  • Current account holders
  • Able to make timely loan repayment

Financial commitments have consequences; due diligence is always required, before making monetary moves. The last thing you want to do is cause financial hardship or struggle with loan repayment; so you should do your best to address concerns up front. Answer these and other questions to determine whether or not you’re a good candidate for instant loans without a credit check.

  • How much money do I need? – Same day lending limits are relatively small compared to other big-ticket borrowing opportunities. If you need more than £2,500, a short-term same day loan may not be the answer you’re looking for. For spending demands below that amount, however, UK same day loans furnish flexible financing without a wait.
  • For how long is the money required? – Same day loans are strictly short-term propositions, so they accommodate UK borrowers facing fleeting financial demands. Long-term finance needs are better addressed using instalment loans and mortgages, designed for years-long repayment.
  • Can I afford to repay the loan on time? – Online loans provide cash flow between paychecks. The popular UK loans call for prompt repayment, within weeks or months of receiving funds. Late payments can affect your credit file, so it’s important to work out how you’ll manage repayment, before signing-up for same day loans.

What About My Credit Score?

Credit reporting carries on each time you make a payment or apply for a new line of credit. Private credit reference agencies (CRAs) such as Experian and Equifax maintain the reports, continually adding new information provided by creditors and public sources.

As your financial life unfolds, CRAs assign credit scores, reflecting all your prior credit contacts. Positive outcomes improve your credit score and negative financial events push the score lower. A low credit score can limit access to some types of consumer credit, but a so-so score doesn’t necessarily mean you can’t get a loan.

Whilst reviewing loan applications, traditional lenders conduct extensive credit checks, relying on CRA data for comprehensive, up-to-date snapshots of each candidate’s financial health. If your credit report shows a chequered history of late payments and other credit problems, conventional lenders may become skittish.

Fortunately for UK families needing fast cash, online lenders have greater flexibility extending short-term loans than some traditional banking institutions do. Even with a personal history of poor credit, same day lenders may provide the cash required to correct your financial outlook.

When unexpected financial pressure takes a toll on your cash flow, outside help may be required, making ends meet. Same day loans represent one of the popular online finance alternatives helping UK consumers respond to pressing financial demands. Do you need money today?

Omacl on the FCA Register

Omacl is a registered trading name of Chojin Ltd and is authorised and regulated by the Financial Conduct Authority (FCA). You can view our registration status via reference number 732880.

Free Financial Advice

If you are struggling with debt or are unable to make your loan repayments, please visit the websites below. All of them offer free, impartial advice.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.