Little Loans are specialists in finding borrowers the best deals for short-term loans online. Operating as a broker to put their customers in touch with one of their 40 lenders, depending on their individual situation and needs. By working with a range of lenders, Little Loans can offer customers the best deal that suits them.
The Little Loans website provides a simple and easy to use platform, which allows borrowers to apply online quickly and get an instant decision on their application. Depending on the lender and the amount borrowed, the money is often released in as little as 15 minutes. The criteria to apply for a loan is that the borrower must be over 18 years of age, in full-time employment, earning over £750 per month, and have a bank account that accepts direct debits.
There is a range of options available for repaying a loan from Little Loans, and these depend on the lender chosen. Some short-term loans require payment 28 days after borrowing, while others allow anything up to 36 months.
Little Loans are providing a good solution for individuals in an emergency situation who need a fast and simple short-term loan. They will also consider those with bad credit ratings, and because of their range of lenders to choose from, they can provide good rates. As a broker, they charge no broker fees and make their profit from charging the lenders commission.