Apply Today to Borrow up to £995
3-12 Month Repayment
Rates from 278% to 1576%
Apply Today to Borrow up to £25,000
3-36 month repayment
Rates from 4.7% to 278%
Strong Benefits of Our Service
Easy and secure application
Quick approval process
Personal Loan FAQs
Am I Eligible to Apply for a Personal Loan ?
There are a few basic things that are checked as well as the deeper ones. To know if you are eligible can you answer yes to the following question
Can you afford the repayments?
How Long Does it Take for a Personal Loan to be Paid Out?
The application time scale may vary per applicant. This is due to financial views being done on everyone applying for a personal loan. The average pay out timescale is 5 to 7 days. This will be received directly into the specified bank account.
Business Loans in the UK: Finding the Best Loan Options
As both men and businesses continue to rely on loans and other loan services, the consequent increase in demands for loans and the subsequent surge in the number of borrowers’ unpaid accounts have prompted traditional lending firms and institutions to come up with solutions that would help address such problems, even in the long term. As a result, a credit scoring system has been devised and designed specifically to work towards the lending firms and institutions’ intended ends. With this credit scoring system, lending institutions were given the capability to easily classify borrowers according to their personal finances. Borrowers whom the lending institutions believed were highly unlikely to be capable of paying off their loans in the future were easily separated from the borrowers whom they perceived likely to be financially capable of paying off their debts with little to no problem at all. Under this credit scoring system, individuals as well as other borrowers with income levels that do not reach what the lending institutions have agreed as the required minimum were automatically given poor credit scores, while borrowers who — regardless of their reasons — may have repeatedly or frequently missed out on their payments, automatically had records that indicate their bad payment history. As a consequence, borrowers with poor credit scores and bad payment histories were automatically disqualified from procuring any kind of loan from any of the standard lending institutions and firms. But while this credit scoring system did provide the lending firms an effective way to lower the number of delinquent accounts, its long term effects to the borrowers’ finances proved to be highly detrimental in the long term. Because borrowers with bad credit were no longer allowed to secure loans from any of the legitimate lending institutions and firms, borrowers who found themselves in unfortunate and urgent financial circumstances were left with very little and often either impractical or simply unacceptable alternatives. While asking friends and family or selling off properties to raise money seem like the most practical choices to make, these options are not always plausible nor are they always easy. Consequently, borrowers are often left no other acceptable alternative than to resort to taking underground loans from illegally lending individuals and firms. But although through this option, borrowers are given the temporary financial relief that they eagerly need, the long term consequences of these types of loan alternatives often leave them in even worse financial circumstances.
Getting Business Loans for Bad Credit
With the exceedingly high interest rates that are typically inherent to underground loan services, more and more borrowers with bad credit later on found themselves in perpetuated difficult financial circumstances that eventually, an entire new market comprised solely of borrowers with poor credit scores and bad payment histories was eventually created. And as demands for safer, and more affordable loan solutions continued to increase in this newly created market, lending firms and institutions later on decided to come up with innovative new loan solutions. Through innovative new loan services like business loans for bad credit, borrowers finally have easy access to better, much, safer, and a lot more affordable financial resolutions despite their bad credit situations. And unlike applications for the majority of the conventional loans that are generally being offered at traditional lending institutions and firms, application procedures for innovative financial services like business loans for bad credit do not necessitate having to submit impossibly hard to secure requirements. With business loans for bad credit, borrowers now have the means to save their businesses, even despite their bad credit circumstances, without having to resort to underground loan services.
How to Get Business Loans and Instant Loans for Bad Credit
With the latest innovations in technology and online security as well as the continuing evolution of the lending industry, innovative loan services are finally made available to borrowers with bad credit to help their businesses. Through innovative financial solutions like business loans and instant loans, borrowers now have the convenient option of submitting loan applications without even having to leave the comfort of their very own homes. Because loan applications can now be accomplished entirely online, borrowers may now enjoy the convenience of being able to submit applications online from anywhere, and at any given time. And since everything can now be completed entirely over the internet, the processing of loan applications now commence from the moment that they are submitted. The approvals of these applications, meanwhile, can now be expected in as little as mere minutes after they have been completely processed — while the release of funds for approved business loans, on the other hand, may now be completed even on the exact same day that the loan applications were submitted. Because of these convenient features of innovative loan services like business loans and instant loans for bad credit, these loan services are considered some of the best alternatives in addressing urgent financial crises. But since instant loans are generally small loans that are normally arranged for the borrowers to pay off in short payment terms, these loan solutions do not make good options in addressing far more complicated financial situations. In situations that call for more elaborate financial solutions — such as loans in higher amounts and longer payment terms — borrowers are best off acquiring secured loan options, which include that of business loans, which can easily be repayable in longer payment terms.
Getting Business Loans from the Lenders Directly
A lot of borrowers are falsely led to believe that just because securing loans from the lenders directly do not involve paying for loan brokers’ fees, it automatically yields more benefits. What many borrowers do not realise, however, is the fact that since loan brokers maintain a network of connections to different lenders in different areas, they consequently have comprehensive access to all these lenders’ discounted lending services. Because of this, the borrowers who decide to secure loans with the help of loan brokering firms actually enjoy more benefits and much more savings in the long term.
Check Out the Lenders List
Loan amount £400 for 30days.Total amount repayable £459.36. Interest 180.5% p.a. (variable). Representative 728.9% APR
5 most recent personal loan reviews
I have never used a loan company due to my poor credit following a marriage breakdown but using this company with a good friend who trusts me to make the payments has been a very pleasant and extremely quick and simple process. So if you need to borrow, have someone who knows and trusts that you wont let them down with making the payments and has a good credit history then don't hesitate .. Contact Vivus Loans
Review posted by John Sutcliffe
Ease Of Use
Value For Money
I found the online application easy and straight forward, and had a very quick response from the customer service team. Once accepted, the money was transferred very quickly. I will defiantly recommended and will use if ever needed in the future.
Review posted by Alexandrine Parry, Guildford
Ease Of Use
Value For Money
From the initial contact everything was so simple. Friendly consultants who phone and text at your own convenience. One quick phone call and the cash was in the bank the next day! Perfect service! ?
Review posted by Deborah Tomlinson
Ease Of Use
Value For Money
All of our reviews have been sourced from TrustPilot to ensure authenticity.
305.9% APR. £400 borrowed for 90 days.
Total amount repayable is £561.92 in 3 monthly instalments of £187.31.
Interest charged is £161.92, interest rate 161.9% (variable)
Loanovao is NOT a lender – we are a licensed broker working with the most popular direct lenders in the market to find you the most suitable short-term loan plan. Our FREE quoting service compares more than 40 lenders quickly and finds you a lender with the lowest rate that they are willing to lend to you today.
Rates from 45.3% APR to 1575% APR – we provide a no obligation quote, your APR will be based on your personal circumstances