Personal Loans

Be eligible for instant personal loans to finance all your necessary expenses. Apply now for a personal loan on interest rate that is affordable to you.

  • Highest approval rate
  • Loans for poor credit scores
  • No collateral or security
  • Quick approval and disbursal
  • Zero charges on pre-payment

Representative Example: Credit Amount - £8,000 for 6 months at £1533.97 per month. Total loan repayment amount of £9203.82. Interest Amount: £1203.82. Interest rate: 49.9% pa (fixed). 49.9% APR Representative.

Get a quick personal loan to meet unforeseen expenses

Generally, there is always a need for money in life. Some people want to buy a luxury vehicle, some want to study abroad, or some want to relish their dream vacation overseas. Whatever the need, a personal loan plays a vital role, especially when you have a poor credit history or lack savings to turn your dreams into reality.

We at Advanceloanday let you get extra funds to meet the expenses through our flexible personal loans. You will acquire the finest deals for various reasons, such as:

  • Vehicle purchase
  • Financing higher studies
  • Buying furniture
  • Emergency medical situations
  • Home Renovation
  • Travel purposes
Lowest Rate of Interest of personal loans

Moreover, there are no restrictions on the amount borrowed. You can get unsecured personal loans up to 40000 pounds with a maximum term of 60 months. In addition, our 0% interest personal loans are ideal for any temporary financial crisis. Conversely, it can let you build your credit faster than any other form of credit.

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What are the reasons for choosing a personal loan?

Many financing options are available such as home equity loans, secured loans, etc., but this loan is a robust choice during the following situations,

  • Alternative to a payday loan

    If you go with personal loans in the UK, you do not need to worry about poor credit. Even it can be stress-free to get the required cash between paychecks. Generally, these loans come with lower interest rates and fees when compared to a payday loan.

  • Looking for a loan without collateral

    These loans are mostly preferred unsecured, which means the funds cannot be backed by your house or car. It is also possible to find deals with lower interest rates. Since financial hardship or unforeseen expenses can strike any time, you might feel safe with unsecured personal loans for bad credit.

choosing personal loans

Mostly, personal loans for debt consolidation come with fixed monthly payments that won’t increase over the life of your debts.

Who can make use of personal loans?

People can widely apply for personal loans from a direct lender like us for various purposes, such as:

Personal loans for Students:

Most students can choose these loans for academic expenses and other financial needs. They can also use borrowed amount for their living expenses.

Salaried employees:

These loans are perfect for people who get a regular salary. They must provide proof of income, including pay slips or bank statements.


These loans are ideal for retirees with a regular pension, or it is also suitable for people with any source of income.

Individuals with poor credit:

People who have bad credit can go for a personal loan. It lets anyone get immediate cash at a lower interest rate.

Self-employed individuals:

These loans are a better source for self-employed individuals to get money for various needs. To avail of the loan, it is important to prove income.

Individuals with instant financial needs:

Unlike any other type of loan, small personal loans are ideal for various uses, such as emergency expenses, home renovations, etc.

Before getting a personal loan, knowing the eligibility criteria and loan terms is essential. The interest rate and loan terms will typically vary depending on your financial conditions.

Get your personalised loan rates

Apply now to find out what loan rates you are eligible for. We promise you it won’t take too much time and there will be no impact to your credit score.

What types of personal loans are available for bad credit?

Being clear about your financial situation and the reason for borrowing can support you in making the right loan on loan.

Whatever the reason or needs are, you should properly analyse all your aspects to make the right decision. At the same time, calculate loan repayments based on your budget.

How can I get a personal loan without a guarantor?

A personal loan without a guarantor completely depends on various factors, including income and financial history. If you cannot ask anyone to be your guarantor, it is better to approach us, as we offer the finest deals for people with any credit history.

Generally, we check stable income instead of credit history while offering the loan. Here are a few ways that can let you take out personal loans for bad credit with no guarantor with ease such as:


You can get the loan with a co-applicant to reduce the risk of default.

Sufficient Income:

You can easily get a loan with a stable and consistent income source.

Lower Loan Amount:

In general, lowering the loan amount will increase the chances of approval.

Choosing loans without a guarantor is more beneficial than guarantor personal loans.

Does a personal loan become useful for the unemployed?

Are you having a hard time due to job loss, unstable income, or unemployment but need money to cover unexpected expenses? A personal loan will be your life saviour during such phases.

Personal loans for the unemployed can be availed against any form of collateral. Thus, if you are not working but have a steady source of income or property, you will get a personal loan by approaching us. Despite the high risk of personal loans, guaranteed approval and other benefits are there to explore. These are:

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Why Advanceloanday for personal loans?

We are a one-stop destination to get cheap personal loans for all your financial needs. As the responsible direct lender, we constantly work to provide you with the best range of loans, which are hassle-free yet quick.

We analyse your exact financial situation to facilitate the best bad credit personal loans on guaranteed approval.

Given below are a few reasons why people choose our service:-

  • Minimal Documentation

    Our process of verification has become simple yet short. The funds are fast in disbursal and also require minimum documents.

  • Huge loan amount:

    With our extensive experience, we offer different deals. You can also get unsecured personal loans up to 40000 pounds based on your financial circumstances.

Lowest Rate of Interest

We offer personal loans with soft credit checks. Hence, approach our team to get personalised quotes. Our team is all set to assist you at any instance.


Are personal loans available for people with no credit?

Personal loans are also available for people with no credit history. If you need a better credit score, you should approach us. We have a perfect deal for you. However, loans for bad credit sometimes carry higher interest rates, and it is also possible to get loans at affordable interest rates if you ask for a lower amount.

What happens to personal loans when the lender dies?

When a lender dies, the loans they have made are considered part of their estate. The loans are passed on to the deceased's heirs or beneficiaries, who will manage them.

You should remember that even if the moneylender dies, the borrower is still lawfully obligated to pay back the amount according to the agreement terms. Failure to do so could result in lawful action. Also, it will damage your credit score.

How long does it take me to receive the personal loan?

The time it takes to receive the money varies depending on the lender. In most cases, lenders may offer instant decisions, which means you will get same day personal loans. Some others will take several days or even weeks to process your application.

Does the lender take any action in case of loan default?

If you refuse to pay the loan amount or default on 2-3 missed payments, the lender will take action against you. This includes reminder letters and telephone calls, but if you still refuse to pay the loan, the lender will also take you to court. The court will require that you pay the amount in full, or else you must face the penalties. It is better to contact the lender to ask for time if you cannot repay the amount.

What are the fees associated with and interest rates of personal loans?

The interest rates and charges may differ depending on your circumstances. The usual interest rate varies from around 2% - 30%. You may also be charged fees for early repayment, application processing, or late payment, but not at Advanceloanday. Before deciding on loans, you should be aware of the loan terms.

Our customers’ experience:

I was in a bind and needed cash quickly, so I turned to Advanceloanday for a personal loan. The process was quick and stress-free, and I received the funds I needed in just a few hours. I highly recommend this service to anyone needing immediate cash for emergencies.

-Archie, Nuneaton, UK

Two months ago, I had a medical emergency. In such a scenario, I approached Advanceloanday to get personal loans to cover my expenses. The team provided me with a loan that helped me pay my bills and get back on my feet. The customer service team was extremely helpful and supportive throughout the entire process. It is the best platform to acquire loans without a second thought.

- Noah, Warwick, UK

Thanks to Advanceloanday. I consolidated my debt into one affordable monthly payment with an affordable personal loan. The loan rates were some of the lowest I found, and they helped me secure a loan that made sense for my financial situation. I highly recommend this service to anyone looking to simplify their debt.

-Louie, Kenilworth, UK

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