Everyone, at one point or another, runs into unexpected expenses. Accidents happen, and in an emergency you might not always have the money you need to get the problem fixed. When your car breaks down on the way to work, your house gets broken into while you’re on holiday, or your pay cheque gets delayed, you might need a bit of extra money to tide you over. That’s when £300 short term loans and LoanPig can come to the rescue.
There are a lot of reasons why people might take out a short term or payday loan. All sorts of money troubles can pop up unexpectedly and a small £300 loan can sometimes make all the difference. At LoanPig, we aim to find you loans that are as flexible as possible, where you can choose how much you want to borrow and how long you need it for, and find you the best possible rates.
How Do People Use £300 Short Term Loans?
The most common way that people use £300 short term loans is to pay off emergency expenses. If something in your home gets broken or you find an unexpected bill, a £300 loan can cover the cost and keep you on top of your finances until your next payday. A short term loan can help you out of a jam when you’re struggling to keep on top of your bills and help you avoid any dangerous fines that come from missing payments or entering into your bank overdraft.
What Is A Payday Loan?
Payday and short term loans are loans that are designed to cover short term and emergency expenses. They are usually quite small, ranging between £50 to £1000 pounds, and are designed to be paid back quickly, usually within a few months. When expenses come out of the blue and you don’t have enough money to cope, £300 payday loans can be a great help. You can take a loan of almost the exact amount you need it and pay it off in a matter of months or even weeks. A £300 payday loan can be a sensible alternative to bank overdrafts and give you the control you need to make the best possible financial decisions as well as avoid some tricky financial situations.
What Does ‘APR’ Mean?
APR is a term that you’re going to see a lot when you’re looking at loans and it’s something you should be sure to look out for when you apply for a loan. It stands for Annual Percentage Rate and the APR percentage you see is the calculation of how much you would be paying back for your £300 payday loan after one whole year. This percentage includes the interest rate of the lender you use as well as any fees. If you’re not quite sure how it works you can use the loan estimation tool on our homepage to find out how your APR rate will affect your loan repayment cost.
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 £700 from LoanPig lenders. On the other hand, if you need less than £300 to cover your expenses, we also offer short term loans for as low as £150. 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.
Where Can I Get A £300 Payday Loan?
There are lots of lenders and loan brokers that can supply you with £300 payday loans, but the trick is finding the right one. There are many different lenders out there with different terms and APR ratings that you should always be careful to look over before you apply. There are also lenders that might not give you a loan if you have a bad credit score or if you don’t meet their set requirements.
With LoanPig, however, we try to make our £300 short term loans as accessible as possible. We won’t perform a credit check any time before you submit your application and even welcome customers that don’t have a good credit score. If you’re looking for an affordable, quick loan, LoanPig is the best place to start.
Can I Apply For A £300 Short Term Loan?
Applying for £300 short term loans is easy as pie and it can all be done online in minutes. Part of the process of applying for a loan through LoanPig is that we will check if you’re eligible to take out a £300 loan. We’ll find you great rates from a range of lenders to get you the loan you need.
Is Applying For £300 Short Term Loans Complicated?
Applying for a £300 short term loan with LoanPig is easier than ever, thanks to our online application form. To apply, all you need to do is use our handy online loan calculator to choose how much you want to borrow and for how long you want to borrow it. Then just click ‘Apply Now’ and you’ll be sent to an online form. Just fill in your basic details, submit your form, and we’ll get back to you as soon as possible to let you know if your application has been accepted.
There’s no fuss, no phone calls and no long and boring papers to sign with our £300 payday loans, and you can borrow them over 3 months or even up to 6 months! With LoanPig it just takes one online form to get you the loan you’re looking for.
What Happens When I Apply For £300 Short Term Loans?
We are a loan broker, which means that it’s our job to put you in touch with the right lender to suit your financial requirements and situation. When you apply for £300 short term loans using our website, we will look over your application and pass your request onto our panel of lenders, which consists of some of the UK’s leading short term lenders. They will look over your application and if any of them feel that they can help they will get back to us and we’ll quickly send you over to their website to finish your application. Depending on the length on when you submit your application and the lender’s response time, you could have your funds in your account on the same day.
When Will I Be Able To Access My Loan?
We aim to get your cash to you as soon as possible because we know how important it is to deal with financial emergencies right away. If you apply for an emergency loan any time before 3pm on Monday-Friday, you’re likely to have your money in your account before the end of the day. However, if you apply after 3pm or during the weekend you’re likely to receive your funds as soon as possible on the next working day.
Each of the lenders on our panel vary in their pay-out speed, so you when you are put in touch with them you can check their website to find out how soon you will be able to access your money.
How Do Loan Repayments Work?
Your lender will tell you all about the terms of your £300 short term loans and you will agree on a date to pay it back by during your application. Your repayment costs will normally be given to you during your application, so you will know exactly how much your repayment is going to cost. Some of our lenders will allow you to pay back your loan earlier than the deadline if you want to, if you can afford it sooner than expected. Other lenders on our panel will also accept partial payments if you’re having trouble paying back your loan and you can get in touch with them to discuss your options if you can’t afford your repayment. If you default on one of your repayments you might be subjected to a default fee of £15, so make sure to contact your lender if you can’t make a payment to see if they can provide you with a rollover, renewal or flexible payment plan.
Will A Bad Credit Score Affect My Loan Application?
We know how troublesome a bad credit score can be and how seriously it can affect your finances, so we look to be as accepting as possible and have some of the highest acceptance rates you will find. We won’t perform any credit checks until after you submit your application and credit checks are normally performed by our lenders. However, your score won’t necessarily affect your eligibility and you can take out a £300 short term loan with even a low credit score.
Can I Get A £300 Loan Through LoanPig?
£300 short term loans are some of the most popular loans that people apply for with LoanPig. As long as the information you give when you fill out your online application is true and accurate, we should be able to put you in touch with a lender that’s right for you. If all goes well and your application is accepted by one of our lenders, we’ll get back to you right away so you can fill out your final details and access your funds as soon as possible.
What Are The Terms For £300 Short Term Loans?
As a broker, we don’t provide the loan, but rather put you in touch with a suitable lender from our panel. Each of our leading lenders has their own terms for their £300 pound loans, so your repayment plan and the length of time for your loan can vary. When your application is accepted by one of our lenders we will send you to their website where you can look over the details of your loan for yourself. You can either find their terms and conditions on their website or you can contact them directly to find out more information about their policies and your loan.
Are There Any Hidden Costs To A £300 Loan?
We do our best to make our loans and costs as transparent as possible for our customers. We want to give you all of the information you need up front and expect the lenders on our panel to clearly state all of the costs involved in taking out your £300 short term loan. LoanPig will hunt down lenders with the best rates to give you a loan that everyone can agree on and nothing is finalised until you’re happy with your repayment plan.
Are Loans From LoanPig Regulated?
All of the lenders on our panel comply with all of the FCA’s payday and short term loan requirements and we regulate our lenders to ensure that only the best, most trustworthy lenders are put on our panel. £300 short term loans that you find through LoanPig are affordable, safe and don’t come with any hidden or unexpected fees. However, we do recommend that you review your finances to make sure that you can afford to repay your loan before you submit your application.
Why Should I Choose LoanPig For £300 Short Term Loans?
We aim to make your loan as personal and as flexible as possible. You can choose how much you want, how long you want it for and our lenders can break up your loan into easy and affordable monthly payments. We also take responsible lending practices very seriously and only recruit the most trustworthy lenders onto our panel. We look over all of our loan applications carefully and analyse your information to get you in touch with a lender and a loan that are the most compatible with your needs and circumstances.
With our help, your £300 short term loan can be in your account as soon as you need it and your worry troubles need not trouble you anymore.