Alternative Payday Loans

A payday loan is essentially a small and unsecured single payment loan usually for a period of up to 30 days (or your next payday). An Alternative Payday Loan is a short term loan (can also be referred to as instalment loans, quick loans and personal loans).

This type of loan allows you the chance to borrow money to be repaid over the course of several repayments. The great thing about payday loan alternatives is that they are designed to be quick and easy. They  access and help in the event of an emergency to cover an unexpected expense.

LoanPig is one of the most reputable alternative payday loans lenders on the market.

 

What Is A Payday Loan?

Sometimes despite our best efforts, we may find ourselves in need of a little extra cash to help tide us over until our next payday. While trying to save and manage our finances is something we all strive for, occasionally emergencies do crop up and can leave us worrying about how we are going to cover the unexpected expense- this is where LoanPig comes in. We pride ourselves in providing a alternative payday loans that will ensure you are not left in the red.

Are Payday Loans Unsecured?

The beauty of payday loans is that they are unsecured in comparison to other loans which typically are. Unsecured loans are popular in the fact that they do not require you to place collateral on your loan, which means that should you miss a repayment or fall behind on payments, you may not be put in a position where you could lose your home or car.

How Do Payday Loans Differ To Other Loan Types?

The biggest difference between payday loans alternatives and other loan types such as mortgages and bank loans is that they are relatively lower in value and offer a shorter repayment period. LoanPig offers some great alternative payday loans as they allow you to borrow up to £1500,  which you can pay back over a longer period of time. We are also very flexible in our payday loans and allow you to pick the duration you would prefer.

Can I Apply For A Payday Loan Alternative Online?

Applying for payday or short term loans could not be easier with LoanPig as we not only utilise advanced technology to match you with a loan ourselves, but also one of our UK lenders in our panel, but offer an online only application process too.

This means you can apply quickly and easily without the need to pick up the phone! We also never charge fees for providing or finding you a loan, LoanPig is free to use.

What Can I Use An Alternative Payday Loan On?

Once you have secured one of our alternative payday loans, you can use your cash for a number of different causes and purposes. Here are just some of the ways you could spend your cash advance payment:

  • Managing your rent and bill payments
  • To help tide you over when dealing with an illness or redundancy
  • To avoid having to deal with costly bank overdraft charges
  • Assist in consolidating debts and reducing monthly repayments on the whole

Alternative payday loans from LoanPig could transform your life and help you to not only manage your money better but also help to get you out of some tricky financial situations.

How Is LoanPig Different To Other Payday Loan Lenders?

LoanPig is dedicated to helping our customers find the best possible payday loan alternative and strives to stand out amongst other payday loans lenders in its transparent trading and reputable service.

We are considered to be one of the best payday loans lenders out there as we welcome those with all credit backgrounds and offer very high acceptance rates as we understand how frustrating it is to be turned away from other sources.

 

Will LoanPig Consider Someone With A Poor Credit History?

If you have ever been rejected from a loan application in the past based on your credit rating you will know how helpless it can make you feel.

Here at LoanPig we believe that an individual is more than just their credit rating and while a poor credit rating may mean that you found it harder to manage your repayments in the past, this should not influence your future payday loans applications.

Are Alternative Payday Loan Lenders Regulated?

Whilst in the past payday loans companies have received a bad reputation as a result of being unregulated, today that is no longer an issue. The FCA (Financial Conduct Authority) have in recent years put in place some strict guidelines and laws in place.

This means that those looking to apply for payday loans are now able to do so without getting themselves into financial trouble.

LoanPig offers alternative payday loans that are safe and do not put any applicants in danger of falling into dangerous debts.

How Much Would You Like?

 
 
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Representative example: Borrow £300 over 3 months @ 292% pa (fixed) Total repayment: £457.95 in 3 monthly payments of £152.65. Representative 1261% APR.

What Is The Payday Loan Application Process Like?

Here at LoanPig we believe that applying for a payday loan alternative should be straightforward and simple. Our passion is making sure that those in need are always able to receive payday loan help from us here, so we ask that you reach the following requirements in our criteria for us to help you to transform your financial situation:

  • Be a UK resident
  • Be at least 18 years of age
  • Have an active bank account and bank card
  • Be in a state of permanent employment or receiving a pensions or form of living or disability allowance

Once we have evidence of the information mentioned above, we will see that you are well on your way to receiving your desired cash amount!

How Secure Is A LoanPig Payday Loan Alternative?

The great thing about applying for a short term loan with LoanPig is that we ensure that all of your details are secure. There is no chance of your information being stolen or put in the wrong hands. Our encrypted site also ensures that the information we transfer to our panel of lenders is safe to.

If you are looking for a payday loan alternative then why not head over to our application page? Our straightforward application process could see you with some extra cash in the bank in no time! Alternatively feel free to contact us here.