At BingoLoans, we offer you a straight-forward, transparent and purely online application process for you to get a suitable short term loan, whenever you need it.
Our loans are here to help you cope with a short-term financial need or emergency. Sustained borrowing over long periods may not be suitable for everyone.
Before you apply, please consider your application carefully to ensure that it is suitable for your needs and that you can afford to repay.
NOTE: Late repayments can lead to serious financial implications, so it is important that you are able to make your repayments on time before applying.
Step 1 – Choose your amount
Use our advanced online short term loan calculator to apply for your loan. Choose your loan amount and the length of the loan in months and we will show you an estimated repayment. If you are happy to proceed with a full application, click the Apply Now button and move on to the next stage.
Step 2 – Complete Application
The short term loan application process is simple and quick. We will only ask you for the information our lenders need which includes your personal details, income, expenses and then your bank account details. These are sent to our lenders, a panel which contains some of the leading UK short term lenders. Their decision will come back quickly and all online and you will be taken on to the lender's website to accept the loan and electronically sign the documents.
Step 3 – Get your cash!
If you complete your application Mon-Fri before 3pm, you might receive your cash loan funds on the same day.
If your application is submitted after 3pm or on a weekend, it's unlikely you will receive your funds until the next working day. The speed of payout will vary by lender with some quicker than others, the exact terms will be explained to you when completing your application.
When Will I Need To Repay My Loan?
Your repayment dates will depend on exactly when you complete the applciation process, when the cash loan comes through and the duration of your loan. You may have a right to repay the loan early, either in full or in part. Please contact your lender for more information.
Do You Check My Credit Score?
BingoLoans and panel of lenders/financial service providers may perform a credit check when assessing your application which will be recorded on your file. If you are being declined for loans and don’t understand why, you can check the information credit reference agencies hold about you, and can check your credit score online.
NOTE: Having lots of credit checks done in a short amount of time can affect your credit score, particularly if you are being declined frequently.