Welcome to VeryMerryLoans.com, we can help you borrow £100 - £2,000 from 3 - 12 months.
Loans for 3 - 12 months.
Short, simple and fast application process.
Decisions in minutes.
With more than 8 million people currently listed as being part time employed in the UK, it's essential that the financial services industry helps these people to obtain credit in spite of working fewer hours than others.
Loans for part time employed used to be tricky to source, but thanks to comparison services like Very Merry Loans, it's now easier than ever before to find loans for part time employed workers.
The reality is that whether you're a parent, student or in a job where your hours change on a regular basis, you're still likely to have to borrow funds at some point to help you through.
Lending is all about balancing risk and traditional lenders such as high street banks have always been wary when providing credit to those who don't have the same guaranteed, high number of working hours each week.
For many this is grossly unfair, particularly for those looking to take on smaller loans for part time employed when they can clearly afford the monthly repayments.
There are a number of options available for part time employed loans which can increase your chances of being approved. Firstly, you'll need to be able to show that the loan and its repayments is affordable. Providing information on typical hours worked and salary will help to achieve this.
It will also be a big help if you have a strong credit score, something that lenders will take into account when deciding whether to accept you or not for you part time employed loans.
If you have a less than perfect credit history and can't guarantee the number of hours that you work each week then it's well worth considering using assets of value as collateral via a secured loan.
Unlike unsecured loans which are offered based on affordability, creditworthiness and a lot of trust, secured loans use assets such as vehicles or property to offset the added risk to the lender.
Logbook loans for part time employed are an ideal example of this. You'll hand over the ownership of your vehicle to a lender for a fixed period of time and, once your part time employed loans have been repaid, you'll again be the full legal owner of your vehicle. Remember, there's no need to panic as you'll retain full use and access of your car for the whole duration of the part time employed loans so long as you keep on top of your repayments.
No matter what route you decide to go down when searching for loans for part time employed, you'll still need to fulfil the following basic criteria:
If you do work part time then applying for loans for part time employed workers starts by picking up a comparison with Very Merry Loans. Simply complete our initial application form and we'll search for lenders who specialise in providing loans for part time employed, saving you the time and hassle of going to each individual provider to find out if they can help.
You'll then need to provide some additional personal and financial information so that an accurate, responsible affordability check can be carried out and often the loan will be approved on the very same day that you complete your application.
Part time employed loans are then transferred directly into your personal bank account and you'll receive a full breakdown of your repayment schedule so you'll know exactly when and how much you'll need to pay back.
Compare loans for part time employed today with Very Merry Loans and access the funds you need without the hassle.