Find the most common questions about our short term loan service below. If you're still not sure about the question you were looking for, then please don't hesitate to contact us.
Q: How much would my first loan cost?
A: All interest rates are provided by the lender before you take out your loan. Rates will may very between lenders.
Q: What is Auto Decisioning?
Q: Is there a registration fee?
A: Very Merry Loans does not charge a registration fee.
Q: Can I contract more than one loan at the same time?
A: Taking out multiple loans may not be a good idea. You should ensure that before taking out any loans you are sure that you can afford them.
Q: What requirements do I need to contract a loan?
A: Before getting a loan, you have to:
Please note if you fit this criteria it does not guarantee you approval.
Q: How much can I get as a loan?
A: You can apply for up to £2,000.
Q: How long would it take for the money to be released if I am approved for a loan?
A: This depends on your lender although most loans get credited to your account on the same day, if approved. However, there are some banks that do not support fast payment methods.
Q: How long does it take for me to know if my application is approved?
A: Decisions are typically given within minutes of you filling out our application form.
Q: Why did my application get denied?
A: Unfortunately if the lender does not believe you are in the position to repay a loan your application may be declined.
Q: Will you check my credit score?
Q: What is VeryMerryLoans.com time for service?
A: The Customer Service is available during weekdays, from 9am to 5pm, and during weekends from 9am to 5pm. Bank holidays may affect these times.
Q: I forgot my VeryMerryLoans.com password. What do I do?
A: Please go to this page to reset your password.