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What are christmas loans?

Christmas loans in the UK are small loans that you can take out to meet expenses related to the celebration. In other words, it is a personal loan that covers your Christmas expenses. You borrow a sum of money to be repaid with interest over a period of 12 months to 60 months.

If you choose to borrow this festive season, Christmas loans from Everydayfunding can save you a lot of interest. Spread the celebration cost using our personalised loan deals available at lower interest rates than the mainstream lenders.

There are fixed monthly instalments, and you can easily prepare a budget. Pay on time and pick up your credit score. The amount you can borrow is between £1000 and £5000, depending on your income and credit score.

Here are the features which you get on Christmas loans from a direct lender like us:

  • No impact on your credit file if you are refused
  • An expert makes a careful decision
  • Fixed instalments can help build savings simultaneously

Representative Example

Borrowing £3,000 over 18 months at Representative 49.9% APR and Interest rate 49.9% p.a. (fixed) with monthly repayments of £240.04 and a total amount payable of £4320.72 All our loans terms from 6 to 36 months.

Warning: Late repayment can cause you serious money problems. For help go to

Who can apply for Xmas loans?

Anyone can apply for Xmas loans. You know you are eligible to qualify for a loan if you have come of age, have a stable income source, and are a permanent resident in the UK.

To be more specific, people who can apply for our Xmas payday loans include everyone but are not limited to:

  • Retired Individuals

    When you are retired, you will be living off your pension regarded as your income. The final loan duration depends on how much pension you get every month. You are more likely to qualify for a small sum when you are retired because the same pension will also cover other monthly expenses.

    The chances of borrowing a large sum are possible when you have an additional income source like rental income, interest income etc., along with your pension.

  • Unemployed People

    As an unemployed, you might think you cannot borrow money if you need it for Christmas, but there are also Christmas loans for unemployed people. Claim your unemployment benefits and use them as income to qualify for these loans.

  • Tenants

    Mainstream lenders prefer to offer loans to only homeowners, but we also entertain applications from tenants. If your credit history and repaying capacity are strong, you are more likely to get our approval.

  • Students

    As a student, you might not have a full-time job, but if you have a part-time income, you can put in the application for a student loan for Christmas. You can utilise the money for Christmas-related expenses.

How can I use borrowed money for Christmas?

When you borrow money for Christmas, we will not restrict its usage. You can use the borrowed sum for all Christmas-related expenses. Here are some expenses to cover with these loans:

  • Travelling

    Trips and tours are usually expensive during the festive season, and your budget may fall short. Thanks to Christmas loans, you can fund the gap. Spend time with your friends or family and enjoy the festivity with our affordable deals.

  • Shopping

    Celebration is incomplete without shopping. Buying gifts for your loved ones is a must, but it may cost you more than expected. If you are throwing a bash, it may break the bank. There is no need to worry, as Christmas payday loans in the UK will be useful when gifts have exhausted your budget.

  • Decoration

    The celebration will go bland without appealing decoration. Even if you try to cover it from your budget, you eventually fall short of cash. There is nothing to worry about, as we are just one call away when you need money for Christmas.

  • Home Improvement

    Are you looking to do up your house during Christmas? Enliven the spirit of your house with our Christmas loans. These small loans will fulfil your goal to renovate the kitchen or bathroom.

Am I eligible for Christmas loans for bad credit?

Yes, you are eligible for Christmas loans despite a less-than-perfect credit report. Various lenders are out there that accept applications from bad credit borrowers, but they could be offering deals at higher interest rates.

If you take out Christmas loans for bad credit from us, you will enjoy the most competitive interest rates in the UK. Even if the borrowed sum is small, you will be paying it down in instalments, making the debt more manageable. When you make all monthly payments on time, we will report them to credit reference agencies, which help boost your credit score.

If your credit file is too bad and you suspect that you might be refused, you can consider taking out Christmas joint loans for bad credit. These loans will help you make a joint application with your spouse, friend or any other family member with a good credit score.

You can improve your chances of borrowing money with Christmas loans for poor credit if:

  • You earn a stable monthly income
  • The latest default or missed payment is older than at least 6 months
  • You do not have an outstanding debt

Do you provide loans for christmas with no credit check?

Some people with bad credit want loans for christmas with no credit checks to avoid losing their credit points. Some lenders are out there that may lend you money without a credit check, but interest rates can be quite high as lenders do not have an idea of your past payment behaviours.

You will likely end up borrowing more money than you can afford. This will not only add up the cost of the debt but damage your credit score.

Christmas payday loans with no credit check for may be ideal for your finances only in rare circumstances, such as if you are applying for the first time or your recent financial handling is outstanding.

We will run a soft credit check if you are worried about losing your credit points due to affordability checks. It will not put search footprints on your credit profile, so your credit points will not plummet.

Our loans are subject to affordability checks, and above all, they are paid back in instalments, thereby called installment loans in the UK.

christmas with no credit check

What are the alternatives if I am refused a Christmas loan?

We will try our best to approve your application, but some chances of giving you a nod will jeopardise your finances later. If we feel that you might not be able to repay what you want to borrow on time, we suggest seeking other alternatives like:

Payday loans

Payday loans with no credit check might be very helpful If you need a small sum of money. These loans will not run a credit check, so you do not need to be afraid of being refused due to poor credit ratings.

You will get money at once and can use the money as per your needs. There is no requirement to arrange a guarantor despite a poor credit score. The repayments could be in either instalment or in a lump sum.

No guarantor loans

No guarantor loans can also help meet your expenses if you are refused Christmas expenses. These loans are especially aimed at those with poor credit, and it eliminates the need to find out a guarantor.

You can explore these loans for other than Christmas expenses too. For instance, you can spend money on repair work, buying a gadget, etc. Our lower interest rates and flexible payments will make it easier to manage.

Are christmas loans possible for businesses?

Christmas is the best time when the demand for certain goods goes up. You may want to utilise this period to boost your marketing and branding. If you are a start-up, you might find it a bit difficult to get approval for start-up business loans. During the festive season, you can use dedicated Christmas loans. You will get approval without any hassle despite your poor credit rating.

There are some other business needs too, for which borrowing funds become necessary. For instance, you may need to buy machinery to ramp up production to meet the demand during the festive season. If you choose to take out business loans for bad credit, you may have to undergo some formalities that may take longer to complete the processing.

Christmas loans will be the best bet because you cannot wait too long. Fill out the application form. We will lend you the money on the same day.

Can I get christmas loans on benefits?

After losing your job, your financial worries can cast a shadow over your Christmas plans. You might decide to call off everything, but it is unnecessary. We provide Christmas loans on benefits as well.

We will consider your benefits as your income since you do not have a fixed source of money. The lending decision will be made on income from benefits and other passive sources. Compared to other lenders, Christmas loans on benefits from direct lenders like us are way more affordable.

Whether you need money for decoration or buying your loved ones gifts, these loans will fulfil all your needs. You might hesitate to apply for these loans when your credit score is not so impressive. Do not fight shy of funding your expenses with guaranteed Christmas loans, irrespective of your past credit. Our interest rates will still be competitive.

What can I get from christmas loans from Everydayfunding?

While many direct lenders in the UK offering these loans, we are proud to say that our deals are more flexible, personalised and affordable. We believe that Christmas loans from direct lenders should not be expensive. If you avail of a loan from us, you will get the following:

  • The competitive interest rates, regardless of your credit history
  • Fastest approval
  • No hidden fees and ugly surprises

Everydayfunding provides Christmas loans for bad credit at personalised interest rates. Paint the town red by funding your expenses with this loan.


What is the interest rate on my Christmas loan?

The interest rate differs by individuals based on their credit score and repaying capacity. The lowest possible interest rate is 3%, which may go up to 24%. The repayment term can also affect the interest rate you will be charged.

Am I guaranteed a Christmas loan?

When you apply for a loan, you must face affordability checks regardless of your credit history. The final decision is announced after perusing your application thoroughly so that no guarantee can be offered.

How to submit an application for a Christmas loan?

Going for a Christmas loan is relatively easy. Click this link and fill in the application form. We will go through your application form and look over your credit report. If you fulfil the requirements, we will send you an agreement. Once the terms and conditions are fine with you, you will get money transferred to your bank account.

How to know if Xmas loan is right for me?

Everyone’s situations and needs differ, so it is hard to say if it will work for you. However, you can bear in mind the basics to know whether Christmas loans are ideal for you or not.

  • Do you need money only this time?
  • If taking out a loan threatens your finances.
  • Are you sure you can repay the debt on time?
How can I cut down on Christmas costs?

If you cannot borrow a large sum of money, you should think of cutting down your Christmas costs. Here is how you can do it:

  • Apply online only to save money
  • Use credit card rewards
  • Redeem the points you have on your shopping card
  • Try to clear all your dues before the holidays start
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