• To satisfy the requirement of quick cash in an emergency;
  • To manage finance when you lose a job and finding it tough to arrange money;
  • To fund a personal event like a wedding ceremony or birthday party;
  • To arrange proper funding to conduct a business event;
  • To pay medical bills during or after having treatment from a pandemic

Circumstances to apply for these loans can vary from one person to another, but the ADVANTAGES will be equal to everyone’s financial interest, such as:

  • You do not need to pledge any collateral or finding out a reliable guarantor to borrow amount for a specific period;
  • The loan rates are not an issue here because we follow competitive APRs and personalised pricing. You will have to pay what you get in the quote;
  • Each deal on a short-term loan will suit to your repayment capacity. The repayments are fixed to provide in a monthly installment, which can be planned from your monthly budget.

Build your credit score with our affordable short term loans

A good credit score is extremely essential to qualify for a short-term loan at lower interest rates. As you know the impact of a default stays on your credit report for six years, you will naturally try to improve your credit rating. Our affordable short term loans will help you improve bad credit, however, you will have to meet the following criteria:

  • You should have a steady income source. If you are self-employed, you must have documents to prove your business has been growing steadily for the last two years.
  • You must not have any other debt including outstanding credit card bills.

Types of Short-Term Loans

We are a reliable lending company in the UK that offers the fastest, most accessible, and affordable short-term loans with trouble-free repayment terms.

We do not believe in offering the same type of solution to all customers. Instead, we have designed our loan solutions as per the requirements of the customers. Therefore, we have the variety of loans fall into this category:

Monthly Installment Loans:

Do you need a funding back-up to help personal finance or business accomplishment? If yes, then you can opt for our monthly installment loans. The application system is only online that does not require too much documentation.

Borrowing Amount Loan Term
£1000 – £10000 3 Months – 36 Months

Weekly Installment Loans

Have you trapped in a financial emergency and need money urgently? Nothing to worry; we have brought exclusive deals on weekly installment loans where you can make repayments on any preferred date of a week. These loans are also available for people with any credit scores.

Borrowing Amount Loan Term
£1000 – £3000 01 Months – 06 Months

Whatever type you choose to apply for these short-term loans, our interest charges are quite low as compared to other direct lenders in the UK.

Our concern is to take care of your financial worries. For that, it is necessary to consider your overall circumstances. You find no difference between what we commit and what we provide. Your financial well-being is our priority, and we have ways to ensure that you get it.


6 Month Loans


12 Month Loans


24 Month Loans

Guaranteed Short Term Loans with No Credit Check

Usually, poor credit customers run from one lender to another lender to get their loan approved. Traditional lenders do not take risks and hence disapprove their bad credit no guarantor loan applications. These individuals are desperate to have a quick solution. Now, this is where we are different from other providers of the loans and bring loan offers on personalized features.

We offer assured guaranteed short term Installment loans with no credit check claim at no EXTRA COST — no more fear from search footprint of credit score perusal. Whether your credit history is zero or poor or excellent, you fill a common online form to get instant approval and hence avail the quickest loan ever. And, it becomes possible because we follow the no credit check policy where the credit background is not considered while approving the loan applications. Bad credit is a temporary problem, and we believe the borrowers will rectify through a quick solution.

Double Benefit – Borrow Funds And Improve Credit Rating

With us, you can apply and avail funds despite a bad credit but can also upgrade your credit score performance. How? Simple! As our loans have the feature of customised pricing, the installments always fit your pocket. You can quickly repay the loan on time and then can experience a promising boost in your credit rating. Not a bad deal!! Right?

By the way, another good news, if your bad credit rating is not consistent, you can expect better relaxation in the interest rates. Our loans also represent specialised lending that helps borrowers come out from specific problems. For sure, a poor credit rating is a huge issue, and we aim to help you as much as possible.

Short Term Business Loans for Unemployed

Self-sufficiency is the best prevention from the insecurities of job loss. If you ever face the financial turmoil due to unemployment, we can help you stand again and start your own business. Get short-term business loans for unemployed and establish your identity. Yes, you might be thinking that without any income how you can qualify for this loan. Do not worry, we can trust you with your new financial status and salary slips from the last job. Just prove the repayment capacity and get a smooth approval.
We understand the plight of unemployed people in the UK and their desire to establish their own business. We offer a loan on the nominal interest rates and acceptable repayment plans.

During the no job days, availing funds from the typical lenders is difficult. But at Easy Cheap Loan, you get a short-term loan for unemployed in a simple manner. You do not need to collateral your asset or go through any credit-screening step. Just fill the required loan amount and some necessary information on our site regarding whether you want to cover up the initial expenses or want to expand the infrastructure of your existing business. We will get back to you with the fastest approval and direct money transfer into your account.

Reasons to Choose Easy Cheap Loan

Facts are rational and here are some practical purposes of choosing us. We give a reason for everything we do; even our existence has a motive. Have a look at the points below and find actual causes to bring us in your list of choices.

  • The online process with no paperwork or faxing
  • Fastest approvals
  • Timely disbursement of funds
  • Guaranteed loans with no guarantor required
  • Bad credit history is welcome
  • Flexible repayment schedule
  • Customised small-term loans
  • Direct lending service
  • Your information is safe and secure
  • No extra fee or hidden charges or any upfront fee
  • Cheap interest rates
  • No credit screening
  • No prepayment fee
  • A team of competent loan professionals
  • Seasonal offers and discounted rates on festivals
  • No annoying phone calls

Financial constraints may pause to your progress, but they do not end it! Avail our easy loans and get instant peace of mind.
With us, you can always dream big as we take care of the financial backing. Beyond your credit score status and employment status, our loans provide you protection against any mess of money. Procedures are simple and fast, and 100% online process takes nothing but a few minutes to complete same day loans disbursal. By the way, we are round the clock available, and you do not need to worry about the time and day and night. Apply anytime, any day (even on bank holidays), and we are sure to reply to you.

FAQs for Short Term Loans

What is the Difference Between Payday Loans and Installment Loans for Short Term ?

The payday loan is a small term loan and borrowers can avail it on the unsecured feature. The rates of interest may be high, but the real benefit lies in the repayment, which the borrower can make on the next payday. In contrast, one can say that a payday loan is part of the Installment loans For short term, but the repayment may vary from two to twelve months.

What is the Period of Short Term Installment Loans?

The period of Installment loans for the short term may vary from one lender to another, but generally, it offers from one year to three years. With Easy Cheap Loans, you can pick the tenure that suits your financial capacity, as we are flexible to facilitate borrower-friendly funding. Our only concern is your repayment capacity. If that is strong, even the maximum possible tenure is not impossible to offer with your deal.

What to consider as a Short Term installment Loan?

A short term Installment loan is that sort of small funding source where the borrowed amount (minimum £1000 and maximum can vary) paid back within a short period. This period never goes beyond three years. Varied lenders have different policies on this. Some may offer only a one-year Installment loan while others may provide from 2 years to a maximum of three years. Their capacity to take the risk on a borrower decides the tenure.

What is the Term Loan and Types of Term Loan?

A Term Loan represents that sort of lending where the borrowers get a specific amount for a particular repayment term, and that would be on fixed or flexible interest rates. In general, there are two types of term loans:-

  • Short Term Installment Loans (from 1 year to 3 years)
  • Long Term Installment Loan (from 3 years to 25 or more years)

Where to use Short Term Installment Loan?

The short term loan are used for any urgent financial purposes such as –

  • Car repairing
  • Home renovation
  • Wedding expenses
  • Holiday costs
  • University fees
  • Paying rent and many more.

Any small financial need can be satisfied with short-term loans. Usually, the circumstances that put an extra and unexpected burden on the monthly budget can find relief through these loans.

What is Short Term Borrowing?

Short-term borrowing defines the small-term need for a small amount of money repaid in several instalments. The loan duration in short-term financing is from a minimum of 3 months to a maximum of 3 years. These loans have the best use in the condition of a financial emergency. When there is no backup, you can get these funds online without any delay in procedures.

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