Whether it’s the car requiring essential repairs or the boiler breaking down, an emergency expense often needs an urgent solution. If you have the money available to afford the costs it can often just be a bit of an inconvenience but when you don’t, it can create numerous problems. So when faced with such a situation, what can you do? You could try holding on until payday or you could manage the issue with £300 short term loans from LoanPig.
What Can A £300 Short Term Loan Cover?
While £300 might seem like a small amount, there is a lot that a £300 loan can cover. Rather than taking out more than you need, taking out a small loan can keep your expenses covered while also being easier to pay back.
A few examples of what £300 short term loans can cover are:
- basic automobile repairs and servicing
- repairs around the home
- the utility bill for a month
A £300 payday loan might be exactly what you need to get your finances in order and prevent you from falling into debt should you come across any emergency costs. If, however, a £300 loan is not enough to cover your emergency costs, you can apply for loans up to £1,500 from LoanPig. On the other hand, if you need less than £300 to cover your expenses, we also offer short term loans for as low as £50. That way, you won’t have to take out more than you need and can easily pay back your loan when you can. We want to promote sensible lending, so you can always talk to us if you need advice.
Applying for a £300 Short Term Loan?
If you’re interested in applying for a £300 loan today, make sure that you fit our eligibility criteria. To be eligible for one of our short-term loans, all applicants must first fulfil the following criteria:
- Be over the age of 18
- Be a UK resident
- Have a UK bank account
- Have a stable source of income
If you fulfil the above criteria, you could be approved a loan simply by answering a few questions regarding your:
- Residential status
- Current employment
- Banking details
Once we have the required information, we can carry out the relevant affordability and creditworthiness checks to try and ensure that a £300 short term loan works as a suitable option for you.