Same day personal loans
When you’re hit with unexpected expenses, this can be a great inconvenience, especially when your current budget might not stretch far enough to cover them. In this situation, you may consider using same day personal loans.
A personal loan from Morses Club could help, with the option to borrow between £200 and £750 to cover those unexpected costs. Our loans are repaid in weekly instalments, over 26 or 39 weeks depending on the amount borrowed.
What are same day personal loans?
A same day loan is a short-term financial solution that can be useful if you need personal quickly for an unexpected expense, such as emergency repairs or unforeseen bills. Same day personal loans are usually for smaller amounts of money paid back over a shorter period than a traditional personal loan.
Not all lenders will be able to offer same day personal loans to your door – this will depend on their application process.
Morses Club is a doorstep loans company, which means that traditionally your money is handed over in your own home. However, our loans can also be transferred straight to your bank account.
Does Morses Club offer same day personal loans?
If you apply for a Morses Club loan online, you will receive an initial decision on the same day.
Once you’ve been approved in principle, one of our Customer Service Representatives will contact you to discuss the amount, costs and interest rates of your loan, as well as the key points of the agreement.
To accept the loan agreement, you need to register on the Morses Club Customer App, where you can read through and accept the documents provided.
You will also need to provide your bank details, and once approved the money can be sent straight to your account.
If you are an existing customer, speak to your Customer Service Representative or login to the Customer App for an additional loan. If approved, you could have the funds on the same day, as we can now transfer the money to your bank account via faster payments.
To help you make a decision, we’ve included answers to some commonly asked questions about Morses Club loans below.
Same day personal loans FAQs
Is there an extra cost for quick same day personal loans?
All Morses Club loans are subject to a fixed rate interest fee, therefore you will not be charged any extra for same day short term loans. You can use our loan calculator by using the ‘apply’ button below to work out the total amount you will need to pay back and your repayment amounts.
Apply now for an initial decision online.
New remote lending option
Apply now for an initial decision online
How to apply for small same day loans near you
You can apply for a Morses Club personal loan online. We have a network of Customer Service Representatives in the UK, so if there is an CSR in your area and your application is successful, one of our local CSRs will be in touch to finalise your loan details and arrange to get the money paid into your bank account.
Can I apply for a same day unsecured loan if I have bad credit?
Yes, we can offer loans to people with various financial circumstances, including those with a bad credit history and CCJs, but this is not guaranteed. Every loan application is assessed on an individual basis, and if your application is approved, you could have your money within a couple of hours.
Can I get a same day loan without undergoing a credit check?
No - we are a responsible lender, so we carry out credit and affordability checks on all our customers.
Can I get a same day loan if I am unemployed or on benefits?
You can apply for a loan, but there is no guarantee that your application will be accepted. If your income is not stable, then a short-term loan may not be the right option for you.
Am I eligible for a same day loan?
Before you apply for a Morses Club loan, there are a few things to check. To qualify for one of our loans, you need to:
- Be over 18 years of age
- Be a resident of the UK
- Have a regular income
- Not have been declared bankrupt, applied for a sequestration, had a Debt Relief Order on an Individual Voluntary Agreement in the last six years.
- Have a Morses Club Customer Service Representative local to your area
How quickly can I get my personal when I apply for a loan?
Your initial application will be processed immediately, and you will find out within minutes if you have been approved in principle. An Customer Service Representative will then contact you to finalise your loan and carry out an affordability assessment. If you are approved, the CSR will arrange to have the money transferred to your bank account. The whole process can be completed within a few hours.
