Christmas can be a stressful time of year when your finances can be put under real pressure with all the additional expenses which come at this time of year. During the winter months more things can go wrong around the house such as the boiler breaking down or car refusing to start due to the cold weather. These small xmas loans can be used to cover these expenses leaving you with cash to spare to spend on your loved ones.
Lenders in the UK offer loans for the Christmas period for relatively small amounts of between £300 and £1000 that have a short-term loan repayment period to help families cover the costs over Xmas.
When considering an Xmas loan you will want to determine that you can pay back the loan over the repayment period you have chosen without putting yourself into any financial difficulties. Also, determine if the reason for the loan justifies taking out the finance. We understand that this time of year people feel that under pressure to buy lots of presents for their friends and family but in the same time ending up in debt.
If you need to take out a Christmas loan, lenders will perform the same credit checks as they would for any other short-term loan.
There is no need for a guarantor when applying for your Xmas loan. Therefore, no need to ask your friends and family right now to back you up, you can apply for a Xmas loan without needing a guarantor for your loan.
It is a bit of a pain to ask friends and family to help you out financially although most of them will otherwise what sort of friends or family would they be. It is just that we want to sort our own affairs out on our own without having to involve anyone else. Lenders understand this and have created a series of loan products to help fund your Xmas loan so you don’t have to have a guarantor who will guarantee the repayment of the Christmas loan in the event you are not able to do so.
Today a lender views you more than just a credit score to work out if you should be approved for a Xmas loan. They now consider other relevant aspects of your financial situation such as your employment status, if you work full time or part time, if you are on the electoral register and such like.
These types of loans are used by those who must sort out some emergency expense over the Christmas period that can’t wait until next payday comes around. Provided the Christmas loan is repaid as expected and you have budgeted for the repayments then these types of loans can be less expensive than allowing whatever financial emergency to go unresolved until payday.
As is typical at this time of year when there are more expenses than normal which make demands on your finances many people find themselves over the Christmas period short of cash and it is not unusual for them to take out small loans to cover their additional expenses.
We work with a large panel of lenders in the UK who provide Xmas loans and cash advance loans online; these types of short term loans are designed to help people access funds quickly due to an unexpected emergency and these lenders will provide you with instant cash advance when you have successful gone through the application process, with money paid into your account within 15 mins† of applying.
£200 borrowed for 35 days
Annual interest rate of 292% (Fixed)
Total amount payable is £256
1212% APR Representative
Loans come in various forms which reflect on the various requirements which have arisen in recent years catering to people applying for short term loans in the UK offering cash advance loans and wage advance loans. Along with short term loans that may require a guarantor who would be able to pay back the loan if you are unable to do so along with cash advance loans that do not need a guarantor.
The panel of direct lenders which we connect your application to have implemented technology to allow you to apply for a loan completely online. They continually strive to make the application process as straight forward and painless for you as possible.
Should you find yourself in a bit of trouble and are unable to pay the loan back you need to contact your creditor as soon as possible, also visit the following sites which may also provide you with assistance.
What do I need to apply?
Applying for a loan is straightforward and is all online.
Before you start your application have this ready:
Simply chose how much you wish to borrow and over how many months you wish to repay the loan
Fill in our simple application form which takes only a few minutes and then apply for your loan
We send your application to our panel of lenders, once approved you will receive the funds directly to your bank account