Quick loans are a type of loan which deliver rapid funding into your bank account within a short timeframe and are typically best suited to emergencies or unforeseen incidents such as an unexpected boiler breakdown or a dental bill.
Accidents can happen in any place at any time and if you are caught short, a quick loan can be very useful in tiding you over and bridging the gap between paydays.
The Loan Ranger provides quick loans between £300 and £1,000 straight to your account, when you need it the most. The application process is completely online and takes just minutes to complete.
The Loan Ranger takes great pride in being a fair and responsible lender, regulated by the Financial Conduct Authority. All applicants are subject to strict credit and affordability checks to ensure loan suitability prior to approval.
All lenders have their own unique set of terms for their financial products and services and with the Loan Ranger, we offer flexible loans which can be repaid in three equal monthly instalments. Unlike other lenders, there are no hidden fees or charges for early repayment.
Instalment and payday loans are all examples of quick loans where you can borrow a sum over a short duration and fast repayment schedule.
Try and find alternatives
The Loan Ranger is committed to fair and responsible lending and as such, advise you to research all alternative sources of funding prior to taking out a quick loan. Due to the high APR and short loan duration, quick loans are better suited to last minute emergencies to keep you going until payday.
There are lots of other avenues for securing funding including credit cards, bank loans and even credit unions. It is incredibly easy to consider getting a payday loan as the notion is that you will receive the money quicker. His is not necessarily true and all credible lenders will undertake the strictest of credit checks to prevent their customers getting into debt. Very often it is students or less mature borrowers who give the loans industry a bad reputation by borrowing loan amounts without fully considering the financial repercussions of borrowing the money.
There are truly some fantastic alternatives out there which are better suited to students and we always ask you to do your research and check the terms and conditions of a variety of loan options to find the most suitable for your individual requirements. For more information, please see alternatives to payday loans.
Is a quick loan or payday loan the only option?
If a quick loan is the only options you have available to access funding, the Loan Ranger makes it very easy to budget for a loan. We display the APR quite clearly to give a transparent idea of the cost of borrowing with us.
The Loan Ranger takes the stress out of borrowing and makes the whole process stress free and convenient. The application process is completely online and offers you between £100 and £1,000 which is repayable over a short duration from 3 to 12 months. You choose the amount and the loan duration and we guarantee you no hidden fees or charges unlike other lenders.
To be eligible customers must meet the following criteria for a loan:
- Over 18 years of age
- Permanent UK resident
- Employed and take home £750 minimum each month
All applicants are subject to credit and affordability checks to ensure loan suitability and ease of repayment.