If you are interested in same day loans, there are some things that you can do to speed up your application or improve the chances of it being completed on the same day, as highlighted below:
Apply on a weekday
Most of our partnered lenders are available to fund loans on the weekend, however, all lenders will be operating from Monday to Friday without question. Therefore, to maximise your chances of a same day loan going through, it is best to apply during the week and during office hours – compared to applying in the evenings, Sundays or Bank Holidays.
Make yourself available
Upon completing your online loans application, you will typically be required to complete your loan agreement using an email link and a PIN code which is sent to your mobile phone. After this, the lender may contact you for a quick phone call or request more information to confirm your income and employment.
So, if you can be readily available once completing your loan application, this will help move things along nicely. However, if you completed your loan application online and then went to work, on the underground or to the shops, this will delay things and you will have to wait until your next availability to complete your loan.
Get your information ready
If the lender partnered with My Financial Broker requests more information such as a phone call, pay-slip or bank statement, if can help if you are next to your phone and have the documentation ready. Usually this is requested in the form of a PDF and can be sent via email – but certainly having this information readily available can only moving things along faster.
Have a good credit score
Although our lenders will consider same day loans for bad credit, those customers with good credit scores are always more likely to be approved and be subject to faster decisions. Your credit score is something that can always be improved and some simple things you can do include consolidating any outstanding debts, closing any store cards or credit cards that you do not use and joining the electoral role for free.
To start your application with My Financial Broker today, simply click on apply now below. There are no upfront fees for applying and upon completing the application, you will receive an instant decision. Loan approval is always subject to credit status and affordability and successful applications can usually receive funds on the same day or within 1 hour of being approved.