Loan Funded By*:
02:50

Welcome to VeryMerryLoans.com, we can help you borrow £100 - £2,000 from 2 - 12 months.

Loans for 2 - 12 months.

Short, simple and fast application process.

Decisions in minutes.

How much you need today?

When can you repay this loan?

1 Months

Funded by*: 02:50

Borrowing: £1000

Representative APR: 669.35%

Repayment By: 5.1.2016

Interest: £58.68


Total Repayment: £1058.68

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Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 2 months. Maximum Loan Length is 12 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable). We are a free licensed credit broker, not a lender.

Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 2 months. Maximum Loan Length is 12 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).

Loans Like The Money Platform

Compare Loans Like The Money Platform

The Money Platform is a peer to peer lending platform which brings together those wishing to lend with those looking to borrow. Lenders invest into loans that have been applied for on the site meaning that borrowers will never have to deal with banks and can borrow money at highly competitive short term rates.

Read on to learn more about loans like The Money Platform and what you'll need to apply.

What Is Peer To Peer Lending?

Some of the very best payday loans UK wide can now be found through peer to peer lending services, including loans like The Money Platform. Rather than borrowing directly from a single lender, your loan will be sourced from multiple investors meaning that costs are significantly reduced.

Once your peer to peer loan has been confirmed, you'll receive your funds in exactly the same was as with a traditional loan and can repay the balance over a convenient number of weeks or months.

How Do Loans Like The Money Platform Work?

With The Money Platform, you'll be able to apply for between £250 - £1,000 for between three weeks and three months. In terms of the best payday loans, UK customers will get a fantastic interest rate of just 0.7% - 0.8% per day and you'll also receive complete anonymity from your lenders.

If you're accepted before 3pm for loans like The Money Platform, funds will be transferred to your personal bank account on the very same day.

Am I Eligible For Loans Like The Money Platform?

Peer to peer loans are underwritten differently to traditional loans in that they'll make an assessment of your circumstances before letting you know how much you can borrow. Since you'll be borrowing money directly from other people in the UK, you'll need a good credit history as well as:

  • A form of photographic identification
  • Be at least 20 years old
  • Have a UK bank account with a credit history
  • Be a current UK resident

No matter whether you'd prefer to use a traditional lending service or use peer to peer loans like The Money Platform, it all starts by getting a comparison right here at Very Merry Loans. Simply let us know how much you'd like to borrow and for how long, and we'll match your information with suitable lenders who can help.

You may need to provide them with a few extra details before acceptance, but they'll give you an initial decision online before sending you a credit agreement. Once this document has been signed and returned, usually electronically, funds will be sent to your bank account within 24 hours.

Get a free, no obligation quotation today at Very Merry Loans and find out how we can help you to get a great deal on your next short term loan.

Very Merry Example

Loan Amount: £250
Loan Term: 30 days
Interest: £60
Total Repayable: £310 Apply

Representative APR: 669.35%. (variable)
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.