One Month Loans Online

When you have an unexpected expense just after your payday, but all your bills and other expenses have taken up your wages, you might be thinking about taking out a one month loan. This is typically a payday loan, which you can borrow for a short period of time, and then repay when you’re next paid by your employer.

As emergency expenses are by their very nature unplanned, it’s impossible to budget for costs like a sudden vet bill, or the price of replacing a broken boiler. And according to studies, a third of Brits have less than £1,500 in savings, while around 15% have no savings at all. In these situations, short term loans can be a good option.

Why Might I Need a 30 Day Loan?

Payday loans are intended to cover unforeseen expenses. As you repay the loan as a lump sum, payday loans tend to be smaller than other types of credit. If you need to take out a larger loan, and spread the cost of borrowing, you can look into instalment loan options.

One of the main benefits of 1 month loans is that because you’re only borrowing the money for around 30 days, you probably won’t pay back too much interest overall. You only pay interest while your loan is open, so shorter loans can be cheaper. You can also generally save money in interest by making early repayments.

Can I Get One Month Loans With Bad Credit?

As with most short term loans, you don’t need perfect credit to apply for one month payday loans. Many of the lenders we work with understand that your credit score isn’t necessarily a good reflection of how you manage your money, so will take other factors into account when making a loan decision. This may include things like your income and expenditure, as well as your employment history.

Short term loan providers often put just as much emphasis on your affordability as on your credit rating. As long as you can comfortably afford to repay the loan without putting yourself into any difficulty, you could be considered for a payday loan.

Applying for a One Month Loan With My Financial Broker

Should you need to take out a one month loan, our application form shouldn’t take more than a few minutes to complete, and you should then get an instant loan decision on screen.

We’ve also designed our systems to mean that you can apply for a loan completely online – you won’t need to speak to us over the phone, or send across any information via email or post. You can apply from just about any device too, from a tablet to a smartphone.

So if you’re looking to take out a short term loan, simply click on the button below to get started. Our services are completely free to use, and making an application with us won’t affect your credit score.