MCL - Welcome to Apply for a Loan
Applyforaloan can help you find the loan you're looking for. We have searched the loans market to find some of the UK's leading loan companies and have listed them here. Simply browse through the list and select the one that fits your needs. Or why not select more than one and compare quotes? Whatever your circumstances, even if you have bad credit, you should be able to find a company that can help.
Borrow £100 to £1500 for any purpose with an unsecured loan from Wentworth Direct Finance. Loans available for tenants and homeowners. Whatever your circumstances, even if you have been refused credit elsewhere, have CCJ's, defaults or been blacklisted, Applyforaloan can help!
Need money NOW to get you to your next payday? With a payday loan you could borrow up to £750 and receive the cash instantly. Just 3 simple steps to get your payday loan:
Representative Small Loan Example: If you borrowed £80 for 28 days, you would repay £100 with an interest rate of 25%. This is 1734% variable. Representative Unsecured Loan Example: If you borrowed £500 for 12 months, you would repay £949.01 with an interest rate of 89.8%. This is 278% variable. Representative Secured Loan: If you borrow £15,000 for 7 years, you would repay £24,206. This is 15.9% variable.
The actual APR varies between loan amount, length of time that a loan is taken, and may differ from those shown above. The information provided above is only 'typical' information and given as a representative example. You will receive clear details of all charges, fees, interest rates, APR's as well as terms and conditions before you finalise any loan. We recommend that you take time to read all of this information in detail.
APR stands for the Annual Percentage Rate, and when it's calculated it has to include both the cost of the borrowing and any associated fees that are automatically included. Thus it's meant to give you the overall equivalent cost of any debt. This is from the regulator, the Financial Services Authority (FSA):
APR stands for the Annual Percentage Rate of charge. You can use it to compare different credit and loan offers. The APR takes into account not just the interest on the loan but also other charges you have to pay, for example, any arrangement fee. All lenders have to tell you what their APR is before you sign an agreement. It will vary from lender to lender and from loan to loan. Normally the higher the credit rish (bad credit score) the higher the amount. Pay day loans normally carry a much higher APR than loans that are secured against assets like a house or car
The fact it includes charges means sometimes the APR can be a bit confusing. It is possible the interest rate is 14% per annum, but the APR is 17%, as the impact of the charges adds the equivalent to another 3% interest. Yet this is useful as it allows a true comparison.