Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Emergency Loans in London: How do I get one?

Representative Example: If you borrow £550 over 6 months at a flat rate of 207.6% per annum (fixed) with a representative 1013.3% APR you will make 6 monthly payments of £186.82, repaying £1120.90 in total. Loan term lengths from 1 to 60 months. Multi Month Loans is a licensed credit broker not a lender. Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservce.org.uk

Receive the money the same day! With Multi Month Loans

Get the cash sent to your account in 15 mins!*

Representative 1013.30% APR

Understanding Emergency Loans

What is an Emergency Loan?

What is an Emergency Loan?

Who Will Give Loans With Bad Credit?

Who Will Give Loans With Bad Credit?

How Can I Get Emergency Money Fast?

How Can I Get Emergency Money Fast?

What Are the Advantages of Applying for Emergency Loans Online?

What Are the Advantages of Applying for Emergency Loans Online?

Coronavirus and Emergency Loans

Coronavirus and Emergency Loans

What is an Emergency Loan?

Emergency loans, otherwise known as an emergency cash loan, are a form of short term credit that provide you with fast emergency funds to make ends meet when you’re faced with an unexpected expense.

Almost everybody will experience money problems caused by unexpected bills at some stage in their lives. Often, it’s simply that your regular income isn’t enough to cover the additional costs. If this sounds like your situation, applying online for an emergency loan may be right for you.

How Can I Get an Emergency Loan With Bad Credit in London?

Bad credit is just one factor we consider in your application for an emergency loan with Multi Month Loans. Regulated by the Financial Conduct Authority (FCA), we’re a credit broker of emergency loans for clients with a variety of credit histories, including those with bad credit. You can get an emergency loan with us of up to £5,000 if:

  • You’re over the age of 18
  • You’re a legal UK resident
  • You have a monthly income of £700

Who Will Give Loans With Bad Credit in London?

You can still borrow money with bad credit. But you may get turned away from some emergency loan direct lenders.

Registered in England with a registered office in London’s Harley Building, Multi Month Loans are a broker of emergency and same day loans. We think that a bad credit score shouldn’t count against those who need an emergency loan. Bad credit is just one of many factors we consider, including;

  • Your management of bank accounts and debt
  • Your current financial situation
  • Your ability to afford monthly repayments

Where Can I get an Emergency Cash Loan With No Credit Check in London?

All short term loans, such as payday loans, are authorised and regulated by FCA. This requires all payday lenders to carry out appropriate affordability and creditworthiness checks on all applicants before they’re approved. So, you will need to have a credit check before you can access an emergency loan. Bad credit however, will not prevent you from accessing our emergency loans if:

  • You have a regular paying job
  • You have an active UK bank account

How Can I Get Emergency Money Fast?

When you’re in need of emergency funds, there are several options for you to choose from. They all have their own pros and cons and some may be more suitable for your needs than others. Here are some of the most common options;

  • Sell possessions that you neither need nor want
  • Get a second job or side hustle to supplement your earnings
  • Arrange an overdraft with your bank or building society
  • Take out a secured personal loan
  • Use an advance on a credit card
  • Apply for a reverse mortgage or take out a home equity loan

What Can You Use Emergency Loans For?

An emergency cash loan can be used for any immediate expense you need to cover. They are usually short term loans that are used to pay for essential items and services where you need the funding right away. Some common reasons for using an emergency loan include:

  • Car repairs
  • Emergency travel
  • Lost and stolen valuables
  • Medical/dental expenses
  • Unexpected bills
  • Unexpected repairs

 

How Can I Apply for an Emergency Loan?

At Multi Month Loans, we make applying for emergency loans online quick and easy. Our application process takes just a few minutes.

Get started with your application now if:

  • You’re 18 years old
  • You’re a legal UK resident
  • You have a regular income of £700 a month
  • You have an active UK bank account

What Are the Advantages of Applying for Emergency Loans Online?

Money problems caused by an unexpected expense can be helped in many ways. Nevertheless, applying for emergency loans online is perhaps the best way to get you out of your financial jam and nurse your bank account back to health. The advantages include;

  • People with all kinds of credit histories are accepted for an emergency loan; bad credit scores and weak credit files included
  • Applying for emergency loans online is easy and can be completed in minutes
  • You will typically find out the outcome of your emergency loan application more quickly than with other emergency funding types, such as a secured personal loan or a reverse mortgage
  • The money could be in your bank account as soon as 24 hours later, helping you to pay your unexpected bills faster and give you peace of mind

Why Choose Multi Month Loans for a Loan in an Emergency?

We know you might not want to tie your loan to your house or use high interest rate credit cards when you’re faced with an unplanned expense. With our emergency loans, your emergency funds reach your bank account quickly and you repay your total repayable in flexible payment periods of 1 to 24 months. Further benefits include:

  • Applicants with all credit backgrounds are accepted
  • Our online application process takes just a few minutes
  • You’ll receive an outcome on your application in as little as 15 minutes
  • You’ll receive your loan in just 24 hours*

 

Apply Today – With Multi Month Loans!

If you’ve already found yourself in an emergency and think that an emergency loan could be the best option for you, then why not consider applying online with Multi Month Loans today.

In times of emergency, when there is no time to waste, head on over to our application form and fill out your application for an emergency loan online.

Coronavirus and Emergency Loans

Answering your questions about your finances during the current pandemic.

At this particularly anxious and upsetting time for all, many of us are concerned with the way in which the global Coronavirus (COVID-19) pandemic will affect our finances. This is a concern that is thought and shared by individuals and businesses alike the world over. At Multi Month Loans, we understand the concerns that you may be having regarding money and income.

Therefore if you do have any questions during this time regarding any products or services that we provide, our lines are still open and we’re more than happy for you to contact us for further support or information that you may have at this time. Please do not hesitate to get in contact.

FAQs

  • What is an Emergency Loan?

    An emergency loan is a form of short term credit, to be used specifically when borrowers are facing a financial emergency—allowing applicants to be approved in a short space of time. These loans can help borrowers to bridge the gap until their next payday, covering the costs of things such as unexpected bills, repairs or other living expenses.

  • How can I get an Emergency Loan in London?

    If you have been faced with a financial emergency, then you may be able to apply for an emergency loan via a payday or personal loan lender in London. However, before you apply to ensure that your individual circumstances will allow you to repay the loan instalments without defaulting or incurring high rates of interest.

  • Why Choose Multi Month Loans?

    At Multi Month Loans, our short term loans application process is designed to make your application process as smooth as possible. We ensure that you can swiftly apply and receive your instant decision on your loan in London in the wake of an emergency. Therefore you won’t waste any time waiting around.