Quick Loans from an Award-Winning Lender - QuickLoansExpress

Quick Loans Online

If you need to borrow cash fast, you’re in the right place! We provide quick loans up to £1,500 online. We’re a direct lender and have been in the business since 2015. We’ve already helped over 170,000 people in the UK.
To compare our loans click here.

Representative example: Borrow £700 for 5 months. 4 monthly repayments of £235.80, last monthly repayment of £235.90. Total repayment £1,179.10. Interest rate p.a. (fixed) 222.79%. Representative APR 832.04%. Our APR includes all applicable fees. Daily interest is capped at 0.798%.

Warning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk.

Need money fast?

You may need to pay an unexpected bill, or you need to cover an emergency expense. Whatever it’s for, if you need cash in your bank account fast, you’re in the right place! On QuickLoansExpress’s website, you can borrow fast online loans, whatever your credit score. Some direct lenders provide loans up to £2,500. We focus on the speed of funding, which we can do better if we lend smaller amounts (up to £1,500). We are one of the fastest direct lenders in the UK.

Click here to apply!

How to get a loan quickly

with Quick Loans Express

Easy Loans Alert!

If you think this all sounds too easy, that’s because it is. Before you scroll any further or click any big bright buttons to apply, we’d like to remind you that our online loans are expensive and can spiral if not paid on time. Only apply for payday loans if you have no other choice – our loans are designed for emergencies and not for long-term use.

We’re proud to have been recognised as the Best Short Term Loan Provider for 2023 by the MoneyNet.co.uk awards.
“QuickLoansExpress offers a speedy short term loan service but more importantly it is upfront with potential applicants and makes it very clear that its loans are expensive and a serious financial commitment that should only be considered in emergencies and as a last resort. Such warnings and honesty are refreshing to see in this market.”
– The Moneynet Awards judging panel.
Our promise:

We guarantee that we will fund your loan the same day you’re approved.

What are quick loans?

Quick loans are short-term loans obtained from direct lenders online and repaid in monthly instalments. They are a great way to get access to money quickly, as the application process and approval times are incredibly short compared to traditional bank loans. Typically, you can apply for a quick loan in minutes and have the funds transferred into your account within 24 hours. Generally speaking, the quickest loans offer smaller amounts, but beware that these small loans still come with high-interest rates!

How long does it take to receive a quick loan?

For quick loans in the UK, most lenders now offer same-day funding in as little as 1 hour after applying. The fastest way to get a quick loan is to use one of the online direct lenders who provide instant decision loans. That way, you know much sooner if you’re eligible, find out how much you can borrow and understand exactly when your loan will be funded.

Can I get a loan right now?

Compared to mainstream finance, it’s relatively easy to get approved for online loans immediately – even with bad credit. That’s why it’s even more important to consider alternatives such as borrowing from friends or waiting until payday. If you decide to take out a loan, compare lenders online and check that their FCA number and website are listed on the Financial Services Register.

Click here to apply

What makes your loans faster than other lenders?

We are committed to getting you the loan you need as quickly as possible. To support this mission, we:

  • Have an instant decision algorithm that gives you an initial answer within 90 seconds of your application
  • Use digital verification to speed up the process and ensure responsible and accurate lending
  • Created a specialised platform for uploading documents to keep the process 100% online
  • Utilise Open Banking integration where needed to help us reach a final decision faster

How much do your loans cost?

Payday loans in the UK are capped at 0.8% per day. Our loans range between 0.7 and 0.8% per day depending on the duration of the loan. At the start of the application, you’ll get a chance to review your loan term, duration, interest rate and APR to make sure that the loan is affordable to you.

Remember, quick payday loans are designed for emergency use only, and not to solve a long-term money problem. If you cannot afford the repayments, reach out to Stepchange for free financial advice.

I need a loan now. What should I do?

The first thing to do is understand that every financial commitment is serious. What do you need a quick loan for? Can it wait until payday? Can you borrow from a friend instead? If you decide that you need a quick loan now, you can apply online. Compare all the lenders’ features and choose the one that suits your needs best. Always make sure to check the FCA number and make sure the website is listed on the financial services register.

Do cheap quick loans exist?

This is one of those things where you can’t have the best of both worlds. Cheap bank loans and low-interest credit cards take time to apply and get approved for, but fast loans are expensive.

If you have time, look at cheaper alternatives. Sometimes more affordable products will only work if you have good credit, in which case, again, you’ll need to settle for higher rates until you improve your score.

Eligibility for a fast loan

Most lenders require applicants to:

  • Live and work in the UK
  • Hold a UK current account
  • Have payslips from a full-time job with earnings of at least £1,000 a month

Most lenders will also need a credit check, but most will only do this once your loan is funded. You might also be asked to supply proof of income to indicate that you can repay the loan.

To be eligible for the fastest loans in the UK, most lenders also look for borrowers who demonstrate good financial behaviour. This means having a good credit score and no defaults on previous loans or other forms of debt.

What advantages do fast online loans have?

Speed, firstly. When you’re in a bind and need cash fast, your quickest option is an online loan.

All credit considered. Most people can get approved for a payday loan online. If you’re worried about being declined, the best thing to do is be honest on the application form. Lenders have a way of verifying the information you provide.

Early repayment can save you money. Not all lenders let you pay back your loan early with no penalty, but those that do can help you save money on your loan.

What drawbacks are there to fast loans?

Expensive. Very expensive. Fast loans have high-interest rates, so they should only be used in emergencies. You can lower the cost by repaying early but make sure you choose a lender who will not charge you a fee for early repayments.

Easy. Yes, it’s a significant benefit, but also a major drawback. Being easy to apply for can make them the default option for people in a bind. All options should be explored, and you should go with the cheapest one even if the payout takes more time.

It can spiral if not paid. Online loans left unpaid can quickly rack up interest and charges. Despite the Financial Conduct Authority loan cap in place, you should still avoid paying a payday loan late.

Will a direct lender review my bank account when considering me for a quick loan?

Not all lenders require insight into bank account transactions as part of their affordability checks. However, with the amount of payday loan complaints rising and the subsequent closing down of some of the UK’s biggest payday lenders, many lenders are starting to embrace technology like Open Banking. Open Banking is where customers opt-in to share their financial data with the lender. Alternatively, customers can provide recent bank statements showing their outgoings.

What fees should I expect with online cash loans?

Some lenders charge hidden fees such as:

  • Online application fee
  • Same-day funding fee
  • Administrative fees
  • Early repayment fees
  • Late repayment charge

We don’t charge any fees besides late repayment, which is a one-time £10 default fee.

What are the interest rates for a fast loan in the UK?

APR rates for small loans can be between 600% and 1500%. QuickLoansExpress is on the cheaper side, with a representative APR of 832.04%. This sounds crazy high because APR means Annual Percentage Rate, and it calculates interest over a year – and short term loans rarely span over a year.

The more reliable parameter to check is the interest rate per annum or daily interest rate (which can typically only be found on your contract after approval).

Frequently searched questions

What are the best quick loans?

The best quick loans are the flexible ones that have a low APR and are from a reputable lender. Things to check before you sign a contract with a lender might be:

  • Can I find their exact website on the FCA register?
  • Do they offer free early repayment, ie: no minimum repayment period?
  • How does their interest rate per annum (pa) compare to other lenders?

Can I borrow a loan if I’m on benefits?

If you are on benefits and unemployed, it will be much harder to borrow a loan. Most lenders will need to verify that you have a stable source of income to repay the loan before entering into a loan agreement with you.

How do I cancel my loan application quickly?

Once you submit the loan application, we’ll give you a no-obligation loan quote on your loan and a contract to sign. If you don’t sign the consumer credit agreement you won’t be funded, but please email us to cancel the application.

What happens if I change my mind once the money is in my bank account?

If you change your mind, that’s fine. You can withdraw from the agreement within 14 days if your loan has been funded. You’ll still need to pay interest on the days you had the loan.

Need quick cash?

Apply with Quick Loans Express!

QuickLoansExpress is a registered trading name of Western Circle Ltd. Our offices are based in the UK, so you’ll speak to a UK-based team if you need help. You can read more about our company here.

Just click the button below to apply for a same day loan with us. You’ll get an instant decision, and if we need to review your application further, you can call us to fast-track the application process. We aim to process all loan applications on the same day and guarantee a same-day payout once approved.

  • Borrow £300 – £1,500
  • Repay over 3 – 9 months
  • We’re a quick loans direct lender
  • No application fee
  • No obligation quote
  • Repay early anytime with no penalty
  • Manage your loan with a free login area
Express loans online – Borrow money fast!
No guarantor is needed. No hidden fees. Just speed.