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

Representative Example: Amount of credit: £200 for 30 days you would repay a single payment of £248.00. Interest is 292% per annum (fixed). Representative 1269.7% APR.

Warning: Late repayment can cause you serious money problems. For help, go to www.moneyadviceservice.org.uk

Instalment Loans from Straight 12 Month Pound Loans
Our Company could help you to locate a short-term loan that can meet your emergency needs. If you are in a financial predicament and can’t find a way out, then we could help you. We have over 40 lenders on our panel so chances are, there will be a UK lender to suit your needs, providing you meet the eligibility criteria.

Safe Cash in a Hurry

You can apply for any amount from £100-£2000 and can choose to borrow over 1, 3, 6, 12 or even 18 months for emergency purposes. You are in complete control of the amount you apply for. We would advise that you only apply for the amount that you need and make sure you will be able to make the repayments because you don’t want to find yourself in a sticky situation again further down the line. Our application form is encrypted for your security and our application process is safe and secure.

Why Use Straight 12 Month Pound Loans?
We work with over 40 UK lenders who are all very reputable in the market. All the lenders are all regulated by the Financial Conduct Authority (FCA) so you can have peace of mind and confidence in your application. Our processes take a look at the details you have filled in on your application form and then look to match them with a lender who is most likely to be able to help you. This can save you time in applying on lots of different websites or even visiting the high street in order to try and obtain a loan. We aim to ensure that everything is as easy as possible for you with a simple application form and then providing you with a decision online in just a few minutes.

Would I be eligible for a short-term loan?

It’s a really sensible idea to check that you would be eligibly to apply for a loan before taking that next step. There are certain criteria that every applicant must meet before applying because these are things that lenders expect. They want to be responsible and make sure that you would be in a position to pay the money back when you say you will and also that you meet the requirements of UK law for loan applicants.

You need to be in regular employment, earning over £500 per month after tax and National Insurance is paid. You also need to be over 18 years of age and a UK resident. And finally, you need to have a bank account with a debit card – this is because once approved, your money will be transferred directly into your account so that you can withdraw it from a cash machine.

When will I get my cash?
This all depends on when you apply for a loan. If you apply on weekdays before 3pm, then the money could be transferred to your bank in the same working day and will reach you in that same day, if your bank accepts faster payments. If you apply after 3pm on a weekday or at any time over the weekend, then your lender will look to transfer the money on the next working day. Transfer times do vary so if you are approved, please check with your bank to see how long you would need to wait for your funds.

Consumer Advice
This site is neither a financial institution nor a lender. We only try to match your requirements with lenders based on your application provided. By completing the application, you certify that you are happy to be contacted by one or more lenders on our panel.

Consumer Advisory:
We are a credit broker. Our website will take you to an application form which you fill in and your information will be provided to a direct lender. Upon loan approval, a direct lender may require further information from you which will be collected after you are transferred to their website or they may contact you via phone or email.

The operator of this site is not a direct lender. Loan terms, conditions and policies vary by lender and applicant qualifications. Late or missed loan payments may be subject to increased fees and interest rates. Not all lending partners offer up to £1,000 loans, and not all applicants will be approved for their requested loan amounts. Loan repayment periods also vary by lender.

Lenders may use collection services for non-payment of loans.
Not all borrowers will qualify for a loan, the operator of this website does not engage in any direct consumer lending, we simply provide a free loan matching service to consumers.

Collection Practices
We are not a direct lender so we are not responsible for collecting money from customers. Once you have received your payday loan amount, and you think for some reason you may be unable to meet your agreed repayments then you must contact your lender immediately.
By contacting your lender and telling them about your problem gives you the best opportunity to discuss further options in more detail to avoid adverse action. In some cases, lender may offer you a new repayment schedule. With a new repayment schedule, you could incur further charges or interest. To find out more about these charges, you should discuss them directly with your lender as every lender has their own set of Terms and Conditions. If no attempt is made to contact your lender and make them aware of any payment difficulties, then they will reserve the right to pass on your details to third party debt collections agencies.

Lenders usually reserve the right to utilise the Continuous Payment Authority to continue to attempt to take payment from your card up to 90 days past your due date. This is only done if it is in line with the terms of your agreement. Please check your own Terms and Conditions on your signed loan agreement for details.

Implications of non-payment
If you are not able to pay your dues on time then it is your duty to let your lender know that you cannot pay. Non-payment of your loan could include adverse details being included within your credit report. This could adversely affect future attempts at securing credit or finance, in addition to further charges potentially being added by the lender. Upon a missed payment, lenders will often try to contact you by telephone or letter in order to recover the funds and they may be able to arrange a new re-payment date with you. If you are struggling, or think there is a possibility that you will not be able to meet repayments, Loans by SMS strongly recommends that you contact the lender in the first instance.

Things to Remember:
• Don't borrow money if you know you will struggle to pay it back.
• Don't ignore the situation; contact your lender as soon as possible.

Please be aware that if do not repay your loan at the agreed date between yourself and your lender, this will result in your lender reporting your case to the Credit Reference Agencies; which may have a negative effect on your credit score.

Loan Renewal Policy
The renewal policy will be totally dependent on the lender who provides the loan. Your lender may be willing to renew your loan. If you wish to do this you should contact them as soon as you know. Our lenders generally charge the same or better rates for loans if you have successfully repaid a loan to them in the past. Remember our lenders have to check that you can afford any loan. Any decision you make regarding the renewal of a loan should be made with full consideration of all the costs and your situation at that time.

Late or non-payment could lead to further interest and/or charges being added to your account.