At Loan Pig, we offer you a straight-forward, transparent and 100% online solution for you to get a responsible short term loan, when you need it.
We are here to help you manage a short-term financial need, and sustained borrowing over long periods may not be suitable for all customers. Before you apply, please consider your application carefully to ensure that it is suitable for your needs and that you can afford to repay.
NOTE: Late repayments can lead to serious financial implications, so it is important that you are able to make your repayments on time before applying.
Step 1 – Choose your amount
Use our online loan calculator to choose your loan amount and the length of the loan in months. We will show you an estimated repayment based on our panel of lenders. If you are happy to proceed with a full application, click the Apply Now button and move on to the next step.
Step 2 – Complete Application
The application process is simple and quick. We will ask you for your personal details, income, expenditure and your bank account details. These are sent to our panel containing some of the leading UK short term lenders. The decision will come back quickly and all online and you will be taken on to the lender's website to accept the loan and electronically sign the documents.
Step 3 – Get your cash!
If you make your application Mon-Fri before 3pm, you could receive your loan funds on the same day. However, if your application is submitted after 3pm or on a weekend, it is unlikely you will receive your funds until the next available working day. Please note speed of pay-out will vary by lender. For example, if your lender is The Money Shop and your application is completed and received before 3pm, you may get a same day transfer of funds.
When Will I Need To Repay My Loan?
The date you repay will depend on when the loan comes through, and the repayment terms agreed during your application. You may have a right to repay the loan early, either in full or in part. Please contact your lender for more information.
Do You Check My Credit Score?
As a broker, LoanPig do not perform a credit check against your file until you submit your application. Once we have sent your application to our panel of lenders, a credit check will be made and recorded on your file. If you are being declined for loans and don’t understand why, you can check the information credit reference agencies hold about you, and can check your credit score online.
NOTE: Having lots of credit checks done in a short amount of time can affect your credit score, particularly if you are being declined frequently.