Frequently Asked Questions

Absolutely not. We do not charge a brokerage fee for our service.

Different lenders have different rules for who can get a loan. But there are some common requirements you need to meet to apply. You must be 18 or older, live in the UK, have a bank account that accepts direct debits, and have a steady income.

Completing the online application only takes a few minutes. Daysloan.co.uk will check with our lenders to try and find a suitable match for you. If your application is approved, you'll be directed to the lender's page to electronically sign for your loan. Subject to application time, the lenders may be able to pay out on the same day.

If successful, your funds will be transferred electronically into the bank account provided in your application.

Usually, if a lender approves you, the money can be in your bank account the same day. The exact timing depends on your lender and your bank. If you have more questions about the transfer, just ask your lender.

We need your personal info to show your application to our lenders and try and help you get a loan. Please visit http://t.uk/b-privacy/ for more info on how we use your details.

We are a broker, not a lender and we do not conduct a credit search. However, our panel of lenders will conduct a soft search. If a lender matches with you, they may conduct a hard credit search as part of their application process.

Hard Credit Search: A hard credit search is a more detailed inquiry that occurs when you apply for credit. It's recorded on your credit report and can affect your credit score, visible to other financial institutions.

Absolutely, many of our lenders will consider applicants with less than perfect credit histories.

If you have any issues repaying your loan, please contact your lender directly. They will be able to discuss repayment options with you. If you have more serious concerns about managing your money, you may contact Money Helper (Moneyhelper.Org.Uk). Money Helper offers free advice to those who need to manage their money more effectively.

Provisionally approved means a lender has tentatively offered you a loan based on initial information. However, it doesn't guarantee the loan as final approval depends on a more detailed review of your credit history and other factors.

If we are unable to find you a loan today the lenders don’t share with us why they’ve declined your application. You might not be eligible if:

• You don't meet the lender's criteria for things like age, income, job, or where you live.
• Your leftover money after expenses is too little to cover repayments.
• Your loan application has wrong or missing info.
• You've applied for many loans in a short time.

Our panel of lenders are all authorised and regulated by the Financial Conduct Authority. They will always work with us to ensure that any loan offered to you is affordable, responsible and all details of the loan are made clear to you before you choose to go ahead.

Our lenders will never target people who are having problems with debt, lend to people who cannot afford to make the payments, charge any hidden fees or proceed with applications where there is issues with authenticity or identity.

If you proceed with a loan after carefully checking the details provided by the lender, then any assistance, help or further details about your loan will be made available by your lender and not daysloan.co.uk.

The loans offered by our lender panel are for short term financial needs. If you are looking to borrow money for a longer period, then you should consider alternative lending options which may be more suitable for your circumstances.

We would not recommend that you apply for a loan if you are already having problems with debt or repaying your existing credit. If you are struggling to manage your finances, please see the links below for more help.

Free online Money Help guidance -https://www.moneyhelper.org.uk

Improve Financial Wellbeing -https://www.moneywellness.com/

GOV.UK – Get free debt advice - https://www.gov.uk/debt-advice

Citizens Advice - https://www.citizensadvice.org.uk/