The cost of borrowing £300 over 6 months:
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Warning: Late repayment can cause serious money problems. For help, go to moneyhelper.org.uk
Borrow: £300 over 8 months. 8 repayments of £70.31. Total amount payable £562.44. Interest rate: 130.21% pa (fixed). Representative APR: 840.75%
Finding the right loan is so important – there are so many options out there it can feel hard to know where to start. Salad Money loans are getting increasingly popular among borrowers for being flexible and innovative. Salad Money loans are particularly appealing for many borrowers because they do not base their decisions on your credit history. Here at Fast Loans, we are one of the top Salad Money alternatives, with a range of products to suit you. From payday loans to £1,000 loans, we’ve got the right Salad Money loan alternatives for you.
Salad Money are a lender that uses Open Banking technology to determine whether to offer a loan. This is different to traditional lenders, who use a borrower’s credit score and history to determine whether they will lend or not. Salad Money only offer loans to employees who have been with their employer for a minimum of six months and who earn at least £1,500 per month. Open Banking technology allows Salad Money to access your financial records – essentially, like giving them a digital copy of your bank statement. This is how they determine if they’re willing to lend to you.
Salad Money loans are available up to £1,200 which can be repaid over 12 to 18 months. Once approved for your loan Salad Money aims to put the money into your account within 24 hours, making them a good choice for anyone who needs money quickly – for example, if you get an unexpected bill or repair cost. The typical APR of a Salad Money loan is 79.5%, which can mean you pay back significantly more than you borrow.
Here at Fast Loans, we offer short term loans to help you when you need them. We’re one of the most popular lenders who provide loans like Salad Money. We don’t base our lending decisions on previous credit issues, meaning that no matter your financial history, you can still access essential funds when you need them. We also have one of the best APRs on the market for all of our products, including our £1,000 loans. If you need money for essential expenses, we’re here to help – contact us today to find out what we can offer you.
Applying for a Salad Money loan alternative with Fast Loans couldn’t be easier. All we require is that you are a UK resident over the age of 18 at the time of applying, in either part or full-time employment, and get paid regularly. You’ll also need to provide us with bank account and debit card details.
Our application can be done online, just fill out our simple application form and we’ll make a decision in principle immediately. Then, you just need to decide how much you want to borrow, how long for, and how many repayments you want to make. Learn how it works and make the best choice for your lender today!
Salad Money alternatives generally offer loans that either don’t require a credit check or don’t use poor credit to rule out loaning to someone. This makes finding loans like Salad Money a vital resource for anyone who needs a loan, that might not be accepted by traditional lenders.
Here at Fast Loans, as our name suggests, we like to make sure our customers get the money they need fast. Once we have your application, we normally aim to make a decision within a few minutes – in some cases, we might need a bit more information from you to help us. Once approved, we’ll send you our loan agreement to read and sign; you will have access to the funds within 15 minutes of signing the agreement.
Our only criteria are that you are 18 years of age, a UK resident and in full or part-time employment. We also require you to have a bank account and debit card so that you can receive your loan.
There are no restrictions on what you can use your loan for, and there are many different reasons might need a Fast Loans loan. Many customers use their loans to pay for big expenses, such as an unexpected bill or car repairs. Our loans can also be used to bridge any gap in your finances before payday.
The cost of borrowing £300 over 6 months: