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Welcome to VeryMerryLoans.com, we can help you borrow £100 - £2,000 from 1 - 6 months.

Loans for 1 - 6 months.

Short, simple and fast application process.

Decisions in minutes.

How much you need today?

When can you repay this loan?

1 Months

Borrowing: £1000

Representitive APR: 305.9%

Repayment By: 5.1.2016

Interest: £58.68


Total Repayment: £1058.68

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Minimum Loan Length is 1 month. Maximum Loan Length is 6 months. Representative 305.9% APR. Representative example: £400 borrowed for 90 days. Total amount repayable is £559.68 in 3 monthly instalments of £186.56. Interest charged is £159.68, interest rate 161.9% (variable). We are a free licensed credit broker, not a lender.

6 Month Loans


Finding a financial arrangement that can help to satisfy your needs for the short and long term is pretty simple these days with a huge range of products available that focus on everything from 1 week payday loans to multi-year mortgages. However, finding a middle of the road funding solution tends to be a little more tricky, which is why Very Merry Loans have brought together a number of specialist 6 month loans providers to help you on your way.

Take a look below at our Very Merry guide to 6 month loans below and find out how they can help you to keep on top of your finances.

What Is A 6 Month Loan?

It may seem like an obvious place to start but 6 month loans have a number of unique features that bring together the very best bits from their short and long term counterparts.

6 month loans are designed to merge the affordability of a long term borrowing solution, offering multiple repayments spread over a fixed term, with the convenience and easy to manage practicality of a short term loan.

These multi-purpose loans can be used for almost any purpose with funds transferred almost immediately into your personal UK bank account once approved.

How Does It Work?

Although all 6 month loans will vary slightly in terms of the their features, there are a number of common threads that you'll generally find with all loans of this type. It all start by working out exactly how much you need to borrow and then using a platform such as Very Merry Loans to search the UK's leading lenders for the most competitive prices.

In the vast majority of cases, these lenders will now allow you to complete the entire application process online, offering the convenience of an instant underwriting decision rather than having to make face to face appointments or sit through lengthy telephone calls.

Once you've been accepted, you'll even be able to sign the credit agreement digitally meaning that some providers can even transfer cash to your personal bank account the very same day that you apply.

Your transparent, easy to understand credit agreement will let you know exactly how much you'll be borrowing along with the total amount repayable each month and for the duration of the loan. It will also include further information regarding the loan's interest rate and any charges or fees which you'll need to be aware of.

Who Are They Suitable For?

The practicality of 6 month loans are perhaps their most attractive feature, making them suitable for one off purchases, debt consolidation, home improvements, or simply as a handy safety net during times of added financial pressure.

They're ideal for those who don't wish to take on the unnecessary stress of a long term financial commitment whilst avoiding the higher interest rates and repayment amounts seen on one or two month options.

Looking to get quick access to funds? Much of the underwriting is carried automatically online, meaning that those in urgent need of cash can often find themselves approved and paid within as little as 24 hours.

What Is The Basic Qualifying Criteria For A 6 Month Loan?

As with all forms of credit, you must be at least 18 years old to apply for a 6 month loan, as well as being a permanent resident of the UK and holding a valid UK bank account in your own name. Your chosen lender will use a wide range of factors to make a decision on your application, including your credit history, ability to make repayments and the purpose of the loan.

If you've had problems getting a loan of this type in the past due to bad credit then there's no need to panic. We work with a number of reputable lenders who specialise in poor credit loans with some even able to offer terms with no credit history required.

What Else Do I Need To Know?

The small number of repayments during a 6 month loan makes them very easy to manage, however you'll need to ensure that you keep on top of them each and every month. If you find yourself at any point having difficulty making a repayment then the first step is to contact your lender. They'll show sympathy and compassion regarding your situation, and will do everything in their power to help.

Depending on the size of the loan you take on, you may be eligible for additional finance along the way or even be able to extend your loan repayment period, as long as it remains affordable for your circumstances.

Due to the short term nature of these loans, they are usually issued on an unsecured basis, ensuring that none of your personal assets are put at risk in the event of being unable to make repayments. However, for those who would prefer to use security as part of their application, there are lenders who offer this service. By using assets as collateral, you could benefit from a higher chance of acceptance along with more competitive interest rates.

So what are you waiting for? Discover a huge range of lenders offering 6 month loans and take advantage of some of the most competitive rates to be found anywhere in the UK lending market today. Our friendly, professional customer service team are just a quick e-mail or phone call away.

Very Merry Example

Loan Amount: £500
Loan Term: 3 months
Interest: £202.40
Total Repayable: £702.40 Apply

Representative APR: 305.9%. (variable)
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.