£200 Short Term Loans

Whether you need to make an emergency purchase or pay an unexpected bill, we are able to offer loans of small amounts. For example, if you need a £200 loan, as a lender we can arrange loans of any amount from £100 up to a maximum of £1,500.

Short-term loans are usually loans that are repaid in a year or less. Loans under three months tend to be referred to as ‘payday loans’. You can apply for short-term loans online, and you get a decision in anything from a few minutes to a few days. At LoanPig, we usually make decisions in minutes.

Why apply for a £200 Loan?

If you suddenly face unexpected costs, for example, emergency repairs to your car or home, or a larger gas or electricity bill than you had expected, you may decide to think about applying for a short term loan. A short term loan is a cash advance that you would normally expect to pay back in a short time period.

It is usually used to help pay for something unexpected or some emergency expenditure. Before applying for a short term loan, you need to make sure that the loan is right for you and that you are comfortable you will be able to repay it on time.

You should ensure that you search to find out the best loan for you based on your financial circumstances. Ideally, you could borrow the money from a friend or relative, but it’s not always that simple.

Do I qualify for a £200 Loan?

You can apply for a loan from £100 up to a maximum of £1,500. At LoanPig, we offer short term loans to people who have short term cash flow needs. You can apply for a loan today even if you have a poor or bad credit history. Loans are available to young people aged 18, 19, 20, 21 and over.

Our eligibility criteria for a short term loan is as follows, you must:

  • Be over 18 years old
  • Be a resident of the United Kingdom
  • Have a regular income or a stable job
  • Have an active bank account

How much will a £200 loan cost me?

You need to complete the short application form to find out how much £150 short term loans will cost you.

Please make sure a short term loan is right for you before taking it out. You should always think very carefully before committing to any form of credit or borrowing money.

Financial Difficulties

If you’re trying to manage existing debt or in financial difficulty, consider what your options are before you borrow. For further help on managing your money visit the Money Advice Service.