Apply Now

Frequently Asked Questions(FAQs)

You will apply for a loan because your financial situation demands swift action. You do not have enough time to spare. Otherwise, the emergency will tumble down your finances. Does it mean that you should straightway apply for a loan? We are the responsible lender, and therefore, we do not suggest you go for a loan in a hurry. You should clear your doubts by doing extensive research on a particular loan. It does not matter whether you want payday loans for small funding or unsecured business loans for larger funding. You should have a clear mind before filling out the online application form.

Here, we will help you answer some general queries we have received previously from our existing borrowers. These will also be beneficial for you.

How much safe are payday loans with no credit check?

No loan can be safe until and unless you use them for the right purposes. When they come with no credit check, payday loans need to be applied with pure sincerity. Here are some points that make them a safer option:

  • You need to choose a genuine lender
  • Asking amount should be affordable
  • You are maintaining a good credit score
  • Using loans only for a financial emergency
Is guaranteed loan approval confirmed despite no credit check on payday loans?

We cannot guarantee the loan approval. However, we will approve your application for no credit check payday loans if you can afford the loan interest rate and repayments. We do not examine your score if your affordability proves you will repay on time.

How much will be the interest rates on unsecured business loans?

Business loans are usually long-term funding sources. Thus, they usually have lower interest rates. However, the final decision on the rates will be taken place after analysing your current income and affordability.

Can I seek unsecured personal loans with no personal guarantee?

Everydayfunding does have a provision of offering unsecured personal loans with no personal guarantee, but only on these conditions:

  • You should have a good credit score
  • You must have a strong business plan indicating good returns
  • You are not asking for a huge amount
How to get Christmas loans for bad credit?

There is nothing complicated about getting Christmas bad credit loans. You only need to prove your loan affordability or can apply alongside a guarantor to minimise the risk of the lender.

Can I opt for Christmas loans to pay weekly?

Yes, we have a provision for paying weekly your Christmas loans. In fact, you will have dual benefits of doing this:

  • You can end the loan early
  • Doing so will improve your credit rating
How much is the possibility of loans for students with no income?

A student loan with no income can be a possibility but only in rare circumstances, such as:

  • You may be earning at all, but you have the backup of your parent’s income
  • You have opted for a loan deal where repayments will be made after completing the academics
  • You are applying with a guarantor who can repay on your behalf
What do I need to do to obtain emergency loans for students?

The first thing that you need to do is submit your loan application as early as possible. Opting for online loans is always in your favour as you can apply quickly and get the funds on the same day.

Does Everydayfunding provide no paperwork loans for the unemployed?

Yes, we have a deal on no-paperwork loans for the unemployed. However, it will not impact the interest rates. You will apply completely online, which will save both time and money for you.

How are your loans different from government loans for the unemployed?

We are the modern-age direct lender, the alternative to mainstream lenders. Government loans for unemployed people are available, but ours are more flexible and feasible. We work online, including minimum paperwork and quick loan approval followed by fund disbursal.

I have CCJ. Can I opt for no guarantor loans?

Loans with no guarantor are extremely beneficial for those with severe credit issues. For people with County Court Judgement (CCJ), these loans are the most useful funding option. No one will trust their repayment capability and thus refuse to be their guarantor. In such a scenario, you can apply in your own capacity.

How much costly are loans with no upfront fees and no guarantor?

There is nothing as such that the interest rates will increase if there is no upfront fee and guarantor. We decide the interest rate based on your recent affordability and financial performance. You can feel relaxed as we will not ask you for any upfront or surprising cost.

Which are the best personal loans for young adults?

As a young adult, you have many types of personal loans to explore according to your prevailing situation. Some of them are:

  • Payday loans
  • Self-employed loans
  • Unemployed loans
  • Secured and unsecured loans
  • Student loans
How do you provide first-time loans with no credit history?

We always welcome the applications of young people applying for first-time loans with no credit history. We see only their monthly income and their capacity to repay the loan. If it is satisfactory, our loans are always available to serve your financial interests.

Apply Now