Need Cash Now

£50 - £2,500 paid out by 02:53pm

How much would you like?

£

Representative 305.9% APR

Representative Example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable). Representative 305.9% APR. We are a broker not a lender. We don't charge fees. We don't sell your personal information.

Help! I need Cash now – What do I do?

It can be extremely scary when we are in situation when we are desperate for cash. There are a number of options that could be available to you though:

  • Borrow from friends and family
  • Use an overdraft
  • Use a credit card
  • Sell things you own
  • Go without and struggle
  • Get a short term loan

Many people find themselves in the situation where they are not able to borrow from family and friends and without a credit card or overdraft available to them. They may not have things to sell or may find that it would take too long to sell things as they need cash now. Struggling and going without may not even be a reasonable answer if a person faces eviction if they cannot find the money for rent or they need food to feed their children. This is where a short term loan can come in handy.

What are short term loans?

A short term loan is very much like a conventional loan but you only borrow small amounts of money for short periods of time and it is transferred instantly. They often do not need to run a credit check either, which means that if you do not have a good credit record and therefore cannot get other types of loan, you should still be able to get one of these. The application process is designed to be quick and easy so that it is possible to get hold of the money quickly.

How much would you like?

£
Apply Now

Representative Example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable). Representative 305.9% APR. We are a broker not a lender. We don't charge fees. We don't sell your personal information.

Who are they for?

Short term loans were designed for those that have a poor credit record and therefore find other types of borrowing difficult, even for small £200 loans, which is why they tend not to do credit checks on their applicants. They lend small amounts of money because these are more manageable for repaying, which is important for those with a lower credit score. They were designed to be for those who cannot get lending from anywhere else who need money in an emergency and have nowhere else to turn. They are also perfect for those that need cash now because they can get the money to the borrower very quickly.

How do they work?

They work very simply. You just enter some details on the lenders website or in some cases send them by text message. They will do a few checks and then offer you a loan for up to a certain amount of money and you can choose how much to borrow and you may be able to choose how many repayments you make and how often as well. Yu will then be sent the money and will be notified of when the repayments are due.

How quickly does the money arrive?

The money will arrive very quickly. There will just be a few identification checks to do and they will be able to send the money. Some lenders can send the money the same day if apply early enough in the day. There will be some that will send the money within a few hours. It will all depend on the specific lender that you choose.

How Does Omacl Compare?

Why Use Us?
How much can I borrow?
Up to £2,500
No hidden fees
Chance of getting approved?
95%
High approval
Is my credit record affected?
No
No credit footprint
How long do transfers take?
15 Minutes
Instant Cash*
Do I need to pay back a lump sum?
No
Easy repayments

How to choose a lender

Choosing a lender can be tricky. There are now quite a few lenders offering short term loans. Some you will be more familiar with, as they advertise online and on the television and others you may not know and it can be difficult to know which will be the best for your needs. It can be handy to use a service such as Omacl who will compare different lenders for you and find one that meets your needs at a good rate. You just have to give them a little information about what you are looking for in a lender and they will give you lots of options to choose from. You can then pick the one that you think will be the best for you. It is a quick and easy way to find out which lenders are offering what you want and you can then find out more about them if you want to. This will make your search a lot easier and should mean that you will be able to get your cash much more quickly, compared to having to do all of that research yourself.