Bad credit payday loans

Are you in need of a loan but worried about poor credit? Payday loans for bad credit are available and are flexible enough to suit most needs.

Looking for payday loans with bad credit?

Borrowing money when you have a less than perfect credit score always poses a problem. And there are so many reasons why your credit history might be sub-par — past debts, for example, the lack of a regular job, or perhaps you've just not had the opportunity to build up enough history.

Whatever the reasons for that blot on your credit history, instant payday loans may offer a quick, easy, and readily accessible way of borrowing — if only you know where to look.

Fortunately, there are specialist companies like Instant Lolly, with that inside edge and close working contacts with lenders, who are happy to consider payday loans for bad credit borrowers.

Get £100 to £3,000 paid out by 1:03 am ^†

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(It won't affect your credit score^‡)

Representative 669.35% APR (variable)
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FCA: 742221

ICO: Z3495700

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Are payday loans for bad credit suitable for me?

Your credit rating is affected by many different things — and these attract varying degrees of interest from potential lenders.

Payday loans are typically for fairly small amounts of money and, just as the name suggests, you repay them in a short space of time. Those factors are taken into account when any lender considers your application for a payday loan.

Even if you have a poor credit rating, therefore, your circumstances and the nature of the loan make it possible for some lenders to grant payday loans for bad credit.

Do very bad credit payday loans exist?

The worse your credit history, of course, the more difficult you are likely to find it to secure a loan or any further credit.

If it is especially poor, you may find more lenders who decline your application on account of the perceived risks. But there are still others who might accept your request even for very bad credit payday loans — though you might need to pay slightly more for your borrowing because of the greater risk.

Can I get a bad credit payday loan with no guarantor?

Where your credit history is especially poor, some lenders might ask you to offer a guarantor. That is someone who formally agrees to take on responsibility for repaying the loan if, for any reason, you default on the agreed repayments.

But, once again, there are also lenders prepared to bear that risk and to offer a bad credit payday loan without you needing to have a guarantor.

What if I’m unemployed or on benefits?

Many lenders refuse to entertain applications from people who are unemployed or on benefits — since the absence of a regular, known income makes repayment a bigger risk.

For certain lenders, however, neither unemployment nor the receipt of benefits is an obstacle to securing an emergency payday loan.

Does that mean my application is guaranteed?

Despite the misleading headlines written by some (usually fraudulent) websites, it is impossible to guarantee the success of your application. It all depends on the lender’s assessment of your financial circumstances. For that reason, some form of credit check must be made — it is a strict rule of the UK financial regulator, the Financial Conduct Authority (FCA).

Why you'll love our payday loans

Are you looking for payday loans online because you want something that is quick and easy to apply for? Then we think you’ll love Instant Lolly.

Flexible borrowing

Choose the most suitable loan amount and term for your needs. We provide loans from £100 to £3,000 over 1 to 24 months.^†

High acceptance

Fill out one short application form, and we will ensure your details reach all the right lenders for the best chance of approval.

Fast funding

Receive a decision in seconds, and get money sent to your bank account as soon as 15 minutes after approval.^†

Online convenience

Apply securely online 24 hours a day, seven days a week, from the comfort of your own sofa. Oh, and it's FREE too!

How Instant Lolly can help

Here at Instant Lolly, we have extensive experience in arranging payday loans for individuals with bad credit. We carefully match potential lenders with your unique circumstances so that you potentially have access to borrowing you might otherwise struggle to find on your own.

Among our network of lenders are those who grant payday loans even if you have had previous difficulties with debt, are currently unemployed, or are in receipt of benefits.

Even if you have particularly bad credit, we may still be able to find you a lender to meet your needs — and you might not always require support from a reliable guarantor for your application.

Payday loans are typically just that — loans which you need only until your next monthly pay date. But we also know that sometimes paying back a large sum of money in one go isn’t always practical, so we offer a range of repayment terms up to two years.

Another common feature of the payday loan is that it is typically for a relatively small amount of money – no more than a hundred pounds or so. Here at Instant Lolly, though, we have lenders prepared to consider loans up to as much as £1,000 over shorter periods (1, 2 and 3 months), and up to £3,000 over longer terms.

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