Instant Loans Information
In today's world, consumer’s expectations are increasingly about the here and now. If we order something on Amazon we want it now. If we contact a customer service department we want a resolution quickly. We want to use contactless cards to make instant payments and we no longer wait to buy a newspaper to get our information. The same goes for Instant loans. We want the ability to make an application for a loan and to get a decision almost instantly.
An instant loan isn’t a loan you can obtain in a few seconds like the name would suggest. All responsible lenders should be conducting the same checks to ensure that a customer is not being put in financial difficulty and these can take a little while. An application for a loan with PiggyBank instalment loans will take a few minutes to complete and once we have performed the necessary checks and you have been approved, the money you require could be in your account within an hour. Our loans are designed to help you cover an unforeseen circumstance such as a car repair bill, a higher than expected bill or a home repair bill.
How does a PiggyBank Instalment Loan work?
At PiggyBank instalment loans, we have made the process as simple as possible to make it easy for you to apply for an instant loan. Our loans are 100% online, transparent, responsible and simple. You can apply for a loan 24 hours a day 7 days a week, 365 days a year. We do not have endless forms for you to fill out. We have one application form where we ask for your personal details, your employment information, your address history, your income and expenditure and your banking information. We will use this information and run credit and affordability checks. If we do not require any more information and we approve your loan, it could be in your account within an hour.
Am I Eligle for a PiggyBank Loan?
You will need to satisfy the following criteria to be eligible to apply for a loan with us:
Have a mobile phone.
Not be bankrupt, on an IVA, in a debt management plan, or have had a CCJ in the last 12 months.
Be over 18 years old.
Be employed and working at least 16 hours a week.
Have a UK bank account and debit card.