Lendplus.co.uk

Short Term Loans from a Direct Lender

Direct Lender Installment Loans Over 3, 5 or 6 Months

At Lend Plus we understand that borrowing money is no fun at all. No one wants to have to borrow money and we understand that. We try and make the whole process as smooth as possible, we try and ensure that we only ask the questions that we need to ask and we try and give you, our customer, the right amount of money over the right number of instalments.

We are always available to discuss your loan application and progress, just call us on 01284 724651. We have no application fees, no early repayment fees, just daily interest.

We are direct lenders, lending short term loans of between £100 and £500 (£300 for a new customers). All of our loans are classed as short term loans, as we lend over 3, 5 or 6 months. A loan can be repaid at any time with no penalty, just paying the interest that is owed up to the day the loan is repaid.

Representative Example: Representative 1286.98% APR on a loan of £300.00 with 5 monthly repayments of £101.03 Total amount repayable £505.13 Annual interest rate (fixed) 290% 

Maximum APR 1351%

Loan Duration:

Minimum Term 3 Months

Maximum Term 6 Month

Authorised and regulated by the Financial Conduct Authority

Warning: Late repayment can cause you serious money problems

For help, go to moneyadviceservice.org.uk

Authorised and regulated by the Financial Conduct Authority

Fidelity Works Ltd is listed on the Financial Services Register under Firm Reference Number 669535

Fidelity Works Ltd is a company registered in England and Wales with company number 08282024 whose registered address is Salisbury House, Station Road, Cambridge, CB1 2LA

Apply Now

In order to be considered for a short term installment loan please complete the application form below

There are no fees to apply for a short term installment loan

YOUR DATA IS COMPLETELY SAFE AND SECURE. WE ARE PCI COMPLIANT WHICH MEANS THAT YOUR DATA IS FULLY PROTECTED. PLEASE CHECK ALL THE INFORMATION YOU ENTER CAREFUL TO ENSURE THAT NOTHING HAS BEEN MISTYPED.

WARNING: LATE REPAYMENT CAN CAUSE YOU SERIOUS MONEY PROBLEMS – FOR HELP, GO TO MONEYADVICESERVICE.ORG.UK

Representative Example: Representative 1286.98% APR on a loan of £300.00 with 5 monthly repayments of £101.03 Total amount repayable £505.13 Annual interest rate (fixed) 290% Maximum APR 1351%

What to expect from a short term loan

A short term loan is a specific way in which a small sum of money can be borrowed.

Ideally these loans are meant to be used in times when a cost arises which was not planned for. This could mean anything from a vet bill to a broken washing machine; the point being that the cost in question was not one which realistically you could have seen coming. These are the sorts of costs that hopefully will occur on a one-off basis and therefore can be handled as such. A short term loan can be useful for such costs but the loan amounts on offer are actually relatively small, especially when comparing them to more ‘mainstream’ forms of credit such as a traditional loan supplied by your bank. As such a short term loan is often a form of borrowing which consumers consider when a small sum of emergency money is needed. Where instead a consumer is looking, for example to improve their home, it is very unlikely that a short term loan lender will be able to provide the right or suitable type of funding.

A short term loan can be applied for online via a short and straight forward application process.

Typically speaking the application process is often broken down into 2 or 3 key sections designed to collect a range of information. This information is almost certainly likely to be your personal information such as name, address and employment details as well as some other key information. Of course this therefore means your banking information too. As well as this information a short term loan application form is likely to ask you to supply your budget in terms of your normal incoming and typical monthly outgoings. Generally speaking the application will take little longer than 10-15 minutes to complete. The great news is that the vast majority of lenders will allow you to select a repayment term from a number of options before the application is fully completed; meaning you have all the relevant information upfront.

A short term loan lender will aim to deliver the decision on your application in a manner which is timely and therefore will endeavour to assess the application in an effective manner and this means using a combination of both automated and manual checks. The lender will therefore review all of the information supplied in the application and also cross-reference this to information which can be verified electronically and reviewed manually; such as a number of Credit Reference Agency files. This is why when supplying the information in the application it is important to ensure it is accurate and honest, allowing the lender to reach their decision in a timely manner. In instances where a short term loan is approved by a potential lender, it is likely rhe funds will be transferred to the supplied bank account the same working day and providing your bank accepts faster payment, this can mean in some cases the funds are there in a matter of hours.

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

Representative Example: Representative 1286.98% APR on a loan of £300.00 with 5 monthly repayments of £101.03 Total amount repayable £505.13 Annual interest rate (fixed) 290% Maximum APR 1351%

This article contains information about products/services offered by us as well as those that we do not offer.

Author: Internal Marketing Department