Unfortunately, your payday loan request has been rejected by all the lenders we work with (including Wonga, QuickQuid, Payday UK, MyJar and 24 other Lenders). This is most
likely due to issues with your credit score. Continuing to look for a pay day loan with another provider right now could worsen this situation.
We suggest that you look at your credit report through one of the providers below and/or look at other forms of finance which may be more suitable to your
financial circumstances. These options include poor credit Credit Cards, LogBook Loans or Debt consolidation Loans.
See below a list of Logbook loans providers. They will arrange loans and use your car as collateral. Think carefully before taking a logbook loan. You may be able to borrow more but you also risk losing your car if you cant afford repayments.
If you've been turned down for other forms of credit, there may still be another
option - a logbook loan. These use your car as collateral for the loan, but as long
as you make repayments, you hold onto the car and use it as normal.
You'll need to be finished with any finance on the car (or at least fairly close
to the end of the payments) and the car will need to be under 10 years old, unless
it's a classic or prestige car. It'll also need to be insured, taxed and you'll
need an up-to-date MOT certificate. If that's the case, and you are the legal owner
of the car, you'll be able to apply for a logbook loan.
You can apply for up to 70% of the value of the car - don't worry if you're not
sure exactly how much this is, as you'll be able to check this with the lender.
It's important to keep up with repayments, as the lender will take possession of
the logbook during the period of the loan as collateral. If you do miss multiple
repayments, the lender will be legally able to repossess the car in order to sell
it. If this happens, you may still need to pay some interest if the sale of the
car does not cover the owed amount.
CashLady.com is a credit brokerage website owned and operated by Money Gap Limited. We are not a lender and do not provide credit to consumers. If you make an application through this site it will be shown to a selection of UK based lending partners for careful consideration. Applicants must be 18 years or over and approval is subject to status. We will never charge a fee for our service, but do receive a commission from lenders following successful introductions originating from this website. Any information we provide is for the strict purpose of illustrating the lending process only and does not constitute any form or financial or legal advice.
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
*This varies from lender to lender, some lenders may take up to 48 hours to deposit funds in your account.