Short Term Loans No Credit Check *

£50 - £2,500 paid out by 05:00am

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.
*Omacl will not perform a credit check but lenders will determine your loan eligibility by performing a soft search. If you accept the loan offer presented to you, a hard credit search will be performed.

Are Short Term Loans with No Credit Check available?

No lender in the UK can offer a loan without first performing a credit check, despite what many websites will lead you to believe.  Every UK based lender is authorised and regulated by the FCA and as such has to assess if a customer is first able to repay by checking their financial situation and their credit history. That being said, having a bad credit history doesn’t automatically mean you won’t be able to get credit, Your credit history doesn’t have to be a hindrance when trying to borrow money.

Is There Really Such a Thing as No Credit Check Loans?

There is no such thing, no matter what type of credit you are applying for each and every lender legally has to perform a credit check. When you see a website advertise “no credit checks” as a way of enticing people to apply, you will need to keep in mind that every lender will run hard credit checks. Hard credit checks can and most likely will negatively affect your credit record, even if it’s in a small way. A “soft” credit check will not affect your credit in any way but you will not get a loan until a full credit check has been performed. All lenders run a credit check on applicants.

What are the Benefits of Short Term Loans?

There are actually numerous benefits associated with short term loans, including:

  • Easy to pay back: Short term loans are known for being easier to pay back, as the loan is completed over a shorter timeframe.
  • Perfect for Emergencies: If you have some emergency expense that has come up and need to get it paid, a short term loan could be the perfect solution.
  • Convenient: Everything about these short term loans are convenient, so you don’t have to go through any unnecessary hassle.

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.

Defining Characteristics of Short Term Loans

You’ll find that there are certain characteristics of cash loans for bad credit that define them, including fixed interest rates that you won’t have to worry about changing at all. One of the worst things about long-term instalment loans is that the rates can be variable and subject to change.

Requirements for Short Term Loans

While you may not be required to have good credit to get the short term loan you need, you will have to meet certain other criteria. It is important that you know about these basic requirements before going to the trouble of filling out an application.

  • Being a legal UK citizen.
  • Have a valid bank account.
  • Stable job and adequate income.
  • Over the age of 18.
  • Active phone number and current address.

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
What are the repayment terms?
3 - 18 Months
No paperwork.
How do I apply?
Apply Online
2 min Application
Do I need to pay back a lump sum?
No
Easy repayments

These are just the bare minimum requirements for getting a short term loan, but they are fairly easy for most people to satisfy. Make sure that you ask yourself if you meet these criteria before applying.

Ways to Use a Short Term Loan

There are many different reasons that people apply for these loans, but many of them have some sort of emergency expense they need to pay for. Whether it is a home repair, auto repair or something else entirely, these loans can be very helpful. You can choose to use the loan you take out for any reason, as there are no questions asked.
Get the Money You Need Right Away

You can trust Omacl to help you out with getting the loan you need under the very best terms, so you don’t pay more than you need to. We specialize in helping people get short-term loans. If you want to take care of some crucial expense right away and cannot wait, apply with us today to get this whole process started.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk. Omacl is a broker, not a lender, and does not make credit decisions.