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Online loans £50 To £2000

The Best Loans In Then Market

How much?

Representative 277.5% APR Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed). The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances.

Why Choose MoneyFall

Quick and Easy Process to the money you need. The most reliable lenders from across all the UK

Loan amount
1,500 - 25,000
Loan term
1 - 5 Years
CUSTOMERSCORES
Excellent
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Loan amount
500 - 25,000
Loan term
1 - 5 Years
CUSTOMERSCORES
Gold Trusted Service - feefo
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Loan amount
500 - 25,000
Loan term
1 - 5 Years
CUSTOMERSCORES
Gold Trusted Service - feefo
Apply Now

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Loan amount
500 - 25,000
Loan term
1 - 5 Years
CUSTOMERSCORES
Gold Trusted Service - feefo
Apply Now

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Representative Example:
305.9% APR. £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)

Moneyfall.co.uk is a registered Trading Name of Serpable Limited, Who Are Authorised And On Financial Services Register under the reference number: 799104.

Serpable LTD is registered in England and Wales (Company number 10699069), Registered Address; Collinbourne Avenue Bournemouth BH6 5QR.
Licenced by the Information Commissioners Office, (registration number ZA248554).

We Are A licensed credit broker not a lender

Joint Loans for Couples: How To Find The Best Loan Solution?

Loans have become popular nowadays; in fact, there’s an incessant growth during the recent years and while it’s good news to both lenders and borrowers, it also increased the number of unpaid debts. As a result, banks and other traditional lending facilities have created long-term resolutions that would not only resolve the issue, but prevent it from happening over and over again.

Thus the birth of credit scoring system — a system that allowed loan providers to segregate borrowers according to their financial capability. Those who are not able to meet the minimum income required were automatically provided with a poor credit rating. Meanwhile, those who have made financial mistakes, such as late payments and bankruptcy, automatically have bad payment histories.

These two kind of borrowers, the one with poor credit rating and bad payment histories, were automatically rejected by banks, credit unions, and other form of traditional lending institution. Although the system is highly effective and beneficial to loan providers, it causes negative effects to the borrower’s finances especially in the long run. Since these bad credit borrowers cannot have their financial dilemma resolved by these conventional lenders, they are left with nothing but limited and almost impractical options.

Any borrower who have a hard time applying for loan options may acquire financial assistance from their family and friends or by selling off their properties; however, this is not always the best alternative to get cash as it’s not easy and reasonable most of the time. Because of this, some borrowers who need joint loan rely on loan sharks — lenders who prey on desperate borrowers. While they may assist you resolve your financial dilemma, it won’t be long until you realize that you are making your financial condition worse. Loans sharks, and other underground lending services, have extremely expensive interest rates that are not easy to settle.

Joint Loans - The Ideal Loan for Couples

Joint Loans – The Ideal Loan for Couples

As mentioned, underground loan services often charges an excessive interest rate and as a result, borrowers who are already suffering from their finances are left to struggle even more. Luckily, there are a lot of developments in the lending industry; a new market has been created and it is intended for borrowers with bad credit remarks. This new market is designed to cater to these type of borrowers by providing a cheaper and safer loan option and easier loan application. One of their options are joint loans with bad credit — a loan designed for two or more creditors. This may sound almost the same as guarantor loans but in reality, it is not. It is completely different. The other party involved in the loan is not only present for cosigning; rather, they are there because they have the right towards the loan, meaning they can use part of the loan for their own reasons.

Unlike with conventional loan providers, like banks, getting this kind of loan from private lenders are almost hassle-free. There’s no need to wait in long lines for hours, even submit a handful of documents. All you need is to complete an application form found on their website.

Applying For Joint Loans With Bad Credit

The latest development that took place in the lending industry, as well as technology and online security, have given borrowers with poor credit remark more options than one. Joint loans for couples with bad credit, together with other bad credit loans, have made loan application easier and faster. In fact, they can get it anywhere they want, anytime. Aside from the convenience, another perk of these innovations is that the process can be completed in the soonest possible time. Approval for joint loans with bad credit application, for instance, can be accomplished in just a few minutes and since lenders can verify it in almost an instant, the funds can be released on the same business day or even after a few hours.

Normally, it starts by completing an online application found on their website with the borrower’s personal and financial information. Once submitted, the lender will verify the details provided and once approved, the money will be sent directly to the creditor’s bank account. Although some online loan providers may ask for additional documents, like a payslip, you don’t need to visit their office physically rather, you can send it via email or fax.

Overall, these features of joint loans with bad credit are good alternatives when resolving a sudden bills, unexpected expenses, or other urgent financial dilemma. However, it comes with a few drawbacks such as the small amounts provided, shorter repayment term, and high interest rate. As a result, this can only complicate your current financial situations. If you need a bigger loan amount and a flexible, longer repayment term, you can choose secured loans instead.

Should You Get Joint Loans From Direct Lenders Or Loan Brokers?

Most people believe that they can save more money when they choose to apply with direct lenders when getting a loan. After all, they’re not going to pay for any broker’s fee. However, what most loan borrowers do not realize is that they can find more affordable loan options when they work with loan brokers.

Professional loan brokers have a wide access to various lenders from numerous regions, thus giving them a lot of options to choose from when their client wants the best deal, such as discounted rates. That being said, you can actually receive more benefits and savings in the long run when you apply with loan brokers.

Meanwhile, when it comes to the speed of the transaction, direct loan providers can complete the entire loan application in a shorter time. After all, they are not waiting for anyone else, unlike loan brokers who need to wait for the lender’s decision before making any action. Also, since direct lenders have the control to their terms and conditions, they can help you save by waving off fees, reducing the interest, etc.

Benefits You Could Get From Joint Loans

5 most recent personal loan reviews

Review of Bridge Finance

This is my second loan with Bridge Finance and both times they have been very helpful and informative. Explained everything to me and made sure I understood the process and what would happen. I would recommend Bridge to anyone.

Review posted by Charlotte Ashton

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Wesleyan Bank

Wesleyan loans are a financial institute which is excellent for applying for loans. It looks at all your circumstances and provide loans to people who are refused elsewhere. They are fast and honest. I would recommend Wesleyan loans to anybody who needs a loan.

Review posted by Zafrullah Khan, Slough

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Logbook Loans

Really happy with my experience with Logbook. Most of the process was done online from the convenience of my own home. Really friendly customer services too! Highly recommended.

Review posted by Bethany Holcombe, Cirencester

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All reviews are sourced from Trustpilot.com for authenticity.