Quick loans are usually most appropriate when you’re faced with an unexpected or unplanned expense that requires immediate action. If a lender can transfer funds directly into your chosen bank account within a short period of time, this is called a quick loan.

The need for emergency cash impacts on most people at some stage in life, and, no matter how much we’ve saved, these kind of expenses can be very traumatising. For example, the car breaking down when it’s needed for work or the boiler grinding to a halt in winter. In these instances, quick online loans can be a useful way to deal with the problem.

“I found Wizzcash very helpful, the staff were excellent. The whole process was very clear. Will use again if I need to.” Debra, Wolverhampton

We are a Direct Lender

  • No Fees for Applying
  • Quick Approval
  • No Early Repayment Fee

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Wizzcash offers quick online loans, subject to approval, for amounts between £300 and £1,000. These fast loans are unsecured and you can apply for them online via the wizzcash.com website.

Different lenders will have different payment terms for their quick loan products. At Wizzcash you can repay your loan over 3 months, with no fees for applying and no fees for the early repayment of the loan.

It’s important to consider whether a quick loan is the right product for you. If you do not need the money quite so quickly, there could be a more diverse range of appropriate financial products available to you.

Payday loans and instalment loans are examples of quick payday loans. The application process for fast loans is simple and often takes place online, with the lending decision made quickly. Wizzcash is an online direct lender that offers instalment loans and funds approved applicants quickly, often within 24 hours.

What Can A Quick Loan Cover?

There are many reasons why people may need to take out a quick loan, but they should only be used for financial emergencies. Quick online loans at Wizzcash are simple and easy to take out, and with the help of a transparent application system, you can be sure that you will never be in the dark. Some of the reasons why people choose to take out quick loans online include:

• Urgent home maintenance
• Car breakdowns
• Unexpected bills
• Emergency flights to a funeral
• Urgent dental care
• Emergency medical bills
• Many more.

We won’t ask questions about what you want to do with your money, but due to our responsible lending practices and authorised Financial Conduct Authority regulations, you will have to undergo a number of checks before your quick loan application is approved.

How Do Quick Loans Work?

The process of obtaining a payday loan from a quick cash loans lender is simple. Firstly, you need to choose how much cash you would like to borrow, and how long for, and fill out our application form. Once all of the checks have been carried out, if your quick loan is approved, then we will verify it by text and email. Then, your quick cash loan will be transferred to your bank account. Whether you choose a standard payday loan repayment of one lump sum, or you prefer our 3 month loan option, your repayments will be transferred automatically from your bank account to us.

What Are The Different Quick Loans I Can Get?

Payday loans are exceptionally versatile, and here at Wizzcash, we will do all that we can in order to ensure that your quick cash loans are matched to your requirements and affordability rating. There are a number of different fast loans that you can take out, including:

• Instalment Loans – where your repayments are made over a series of months
Short Term Loans
• Payday Loans

These types of loans are all similar in qualities, and the length of time you take them out for is the only differentiation.

How Can I Apply For Quick Loans Online With Wizzcash?

We’ve created this video guide to explain how to apply for quick loans with Wizzcash.

*Subject to affordability and credit checks – this refers to the ‘quick approval’*

How Fast Are Quick Payday Loans?

We understand the need for a fast response when you’re dealing with a financial emergency, and so we ensure that our application only takes a few minutes to complete. Once you have applied, we will carry out a number of checks, and then you will receive an instant decision on whether you have been successful or not. If your quick loan application is accepted, then our team will get in touch to determine a few details. Once all of this has taken place, your funds will be transferred within one hour. We aim to ensure that the entire process takes place in the space of 24 hours.

What’s The Difference Between Quick Payday Loans & Instant Loans?

If you’re shopping around for a short-term lending option, you might see the term ‘instant loan’ used to describe a lender’s product. In reality, there is no such thing as an instant loan – this is simply another name for a short-term loan that gives you access to fast cash.

The term ‘instant loan’ implies that the cash will be in your account as soon as you apply for the loan, but this is not the case. Over the last few years, a number of new rules have been introduced to help protect those looking for fast cash. There are now caps on the overall cost of a loan, as well as additional affordability checks that must be made before a loan can be agreed.

So, whether you apply for instant loans or quick loans online, the actual process you go through will be similar. Once you have decided how much money you want to borrow, and the repayment term, you can complete your entire application online in just a few minutes.

We will then carry our affordability and credit checks and send you notification of our decision. If your application is provisionally accepted, our underwriting team might be in touch over the phone or by email to confirm a few quick details. We then transfer the funds within an hour.

Should I Research A Lender Before I Borrow?

When you’re in need of fast cash, the temptation is to rush out and apply for the first quick loan you can find. We all have busy lives, but it’s extremely important you take a bit of time to properly research your options and find the most suitable loan for you.

There are all sorts of short-term loan options out there, from payday loans, where you repay the full loan in just a month, to instalment loans that allow you to repay the loan over a longer term. Rushing this decision and not checking the rates and repayment terms of at least a few different lenders could cost you hundreds of pounds further down the loan.

At Wizzcash, we make checking the affordability of our quick loans easy. We don’t hold anything back, displaying the total cost of the loan, the APR and the cost of each monthly repayment. You can then weigh up the affordability of our quick cash loans against other lenders.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

 

What Do I Need To Get A Quick Payday Loan?

When it comes to getting a quick payday loan, it’s simple. You call the shots. Our quick loans are here to make your life easier. If you’ve had an emergency of some sort and need some fast cash to get you through, or you’re looking for some extra money to fund a one-off purchase, we’re here to help.

Apply online for a quick payday loan decision on amounts of between £200 and £1,000, repayable over 3 months. You choose exactly how much to borrow and for how long. You can even choose to repay the loan early without any hidden charges or early repayment fees.

This level of flexibility and convenience means that you call the shots. All you need is to be:

• Over 18 years of age
• A UK resident
• In current employment and take home a minimum of £750 a month

How Much Can I Borrow With A Quick Loan?

All of our customers, whether new or existing, can borrow up to £1000 as long as they meet our eligibility requirements (see above). When you apply for quick loans online with Wizzcash, you can borrow a minimum of £200 up to the maximum of £1000, to ensure that we can cover any emergency that you may have. If your application is unsuccessful, then we will point you in the direction of another lender, but we will never pass on your card details to any other organisation.

How Are Quick Online Loans Regulated?

The Financial Conduct Authority (FCA) regulate the market of all financial institutions including banks, insurance providers and lenders, to ensure that consumers are protected at all times from any misconduct. Here at Wizzcash, we have a strong belief in providing responsible lending practices to our customers, as well as being fair, transparent and honest. The FCA have placed numerous caps on the fees and charges that payday loans can come with, to ensure that you never have to pay back more than double of what you have borrowed, as well as keeping interest percentages at 0.8% per day.

Do Quick Loans Come With Fees & Charges?

Here at Wizzcash, we believe in providing our customers with a service that does not compromise their financial positions, and so we aim to minimise any fees and charges when you apply for our quick loans online. We do not charge early repayment fees like many other lenders do, and the only additional charge that we place on our quick cash loans is a £15 default fee – which you will only have to pay once throughout the entirety of your loan if you do not repay your instalments as agree in contract.

What Does APR Mean?

APR is a combination of interest and any other fees or charges, calculated over a period of a year. The term APR stands for Annual Percentage Rate, and here at Wizzcash we are proud to offer one of the lowest APRs on the market. We want to help you with your financial emergency, and with our responsible lending practices, we can do just that.

What Checks Do Wizzcash Carry Out With Their Quick Payday Loans?

When you apply for a quick payday loan with Wizzcash, we will carry out a number of checks to ensure that we are only lending payday loans to those who can truly afford to pay them back. To assess you for one of our quick payday loans we carry out:

• Credit Score Check – enforced by the FCA, this is one of the factors in our decision.
• Employment Check – we only lend to people in employment who earn a minimum of £750 a month after tax.
• Affordability Stress Test – We look at what you want to borrow with what you can afford

We offer a range of flexible quick payday loans and repayment plans to help you when it comes to repayment. If you’re looking for a quick cash loan from a reputable lender, then apply now.

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk