60 Second Application
From £1,000 to £20,000
Rates Are From 4.7% to 278%
3 to 36 Month Repayment Options
Short Term Loans
Apply For Up To £999
3 to 12 Month Repayments
Loan Rates Starting At 278%
See Representative Example for a 3-month term. Representative Total Amount of Credit: £400. Duration of the Agreement: 90 days Total Amount Repayable: £561.92 to be repaid in 3 equal instalments of £187.31 on your next 3 payday. Interest charged is £161.92, interest rate is 161.9% per year (variable). Representative APR 305.9%. We are authorised and regulated by the FCA – Financial Conduct Authority. POUNDA IS A LICENSED CREDIT BROKER NOT A LENDER.
Warning: Late repayment can cause you serious money problems. For help, go to moneyadvice.org.uk
Personal loans that fit your needs from Pounda
Whether its to cover a major expense, improve your home, for unexpected expenses or just to invest in something you want, Pounda will be able to help
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Competitive Company Examples
Representative example: If you borrow £10,000 over 60 months at a Representative APR of 3.1% (fixed) and an annual interest rate of 3.1% you would pay £179.94 monthly and the total amount you would repay would be £10,796.40. Representative example
For customers without a Clubcard
Total amount repayable
Length of loan
Annual rate of interest (nominal)
Representative example: If you borrow £10,000 over 60 months at a Representative APR of 3.1% (fixed) and an annual interest rate of 3.1% you would pay £179.94 monthly and the total amount you would repay would be £10,796.40.
You May Already Be Eligible
You can get the loan you need from Pounda. All it takes is a short application process. If you qualify, you could be awarded your loan within 24 hours.
How to Apply
The application is made very easy thanks to a completely online process. You just fill out the Pounda application form and we’ll examine it to see if you qualify for a loan. If you don’t qualify for the loan you want, we’ll let you know if you qualify for a different one. Many people who apply for loans through Pounda are approved, so this is your best chance for getting the money you need quickly.
You’ll need to tell Pounda what kind of loan you want, along with the length and size of the loan. You’ll need to have some personal information and documents handy, such as your ID card, banking details and a pay slip. These provide identifying information for us so that we can ensure no fraud is committed and that the money goes to the right place.
How It Works
Being approved for a loan from Pounda has never been easier. We don’t require a lot of intensive financial information about you. All we want to know is a few basic details, such as where you work and how much you make. We use this information to determine if you are eligible for the Pounda loan you’ve applied for or one of our other loans.
Once you are approved, we will let you know and then the money will be deposited directly into your bank account. This is the most secure, quick and convenient way to get you the funds you have asked for.
Will I Be Approved?
While more applicants are approved for loans through our service than many other lending institutions, there are some instances where we have to reject applications or suggest that applicants choose a different loan.
The most common reason for this is due to a lower than required income. If your income does not meet the minimum threshold for the loan you have applied for, then we will have to reject your application. If you have enough income to qualify for a different loan, we will inform you and give you an opportunity to apply for that smaller loan without having to start the entire application process over again.
Once you have received your funds, you will have a set period of time in which to pay back those funds. You will be able to choose how long you want to be given to pay back the loan, and as long as it falls within our parameters for that particular loan, your request will be granted. If you take longer than the agreed upon time to repay the loan, then there will be penalties applied. These penalties and any other applicable fees will be detailed for you as soon as you are approved for the loan.
If you are rejected for all loans, then you can apply again at a later date. Previous loan applications won’t be considered, and we will only take into account your current financial situation. What are you waiting for? You may already be eligible for one of our lenders’ loans, so fill out the application form and find out.
We Have a Wide Variety Available
Here at Pounda, we do our very best to be able to help everyone we can in every situation possible. In order to do that we must have a huge variety of loans to cover every kind of circumstance imaginable. Below you will find a list of our most recent articles and a little about each to help you make the right choice.
We understand that it can be hard to make a choice, so if you need any help then feel free to get in touch with us through our contact us page.
If you can’t find one that seems to suit your needs then don’t worry. By simply filling out our application form our expert team will be able to create a plan to fit your needs in a matter of minutes. We can help you no matter what your situation.
12 Month Loans
Loans for People on Benefits
If you have had trouble with getting finance in the past and are worried you will be refused for credit then why not have a look at our Guaranteed Logbook Loans. You will surely be able to find the right plan in no time.
If you need money but don’t know where to go, why not have the funds come to you instead? With Loans to your Door, you will have to look no further, you simply need to apply online today and you can get credit right to you in a matter of minutes.
Now things are different, you can get Same-day Loans. The application form we have is completed entirely online and will only take you a couple minutes. Our dedicated team of experts will then work at breakneck speed to find the right lender for you with the best rates. Once approved the money will be in your account in as little as 15 minutes. Lending doesn’t get faster than this.
So don’t hesitate, get your Fast Loan now.
5 most recent personal loan reviews
To be honest, I have been absolutely amazed at how Esme Loans have dealt with me. People with a less than perfect credit rating are obviously going to be their main customers. Through circumstance I found myself in that position, less than perfect, but even when I was 'perfect', I didn't get the ease and helpfulness from high street banks, that I got from Esme. That speaks for itself in my opinion. I would recommend this company to anyone who may be less than perfect! That's everyone in the human race then! Thank you.
Review posted by Gillian Pickford, Ipswich
Ease Of Use
Value For Money
Great, fast service, very reliable very friendly staff. I have used UK Loans for the past 8 years with no need to question their loyalty and respect of me as a customer and I hope we continue to have a great business arrangement as we have now and in he future.
Review posted by Marlon Knowles
Ease Of Use
Value For Money
Very easy, very good experience, speedy service. Treat people with low credit ratings with dignity and not like they have a disease! They appreciate that a low credit rating can be circumstantial and not necessarily a reflection of future conduct. Only reservation is interest rate very high but I guess understandable. I'll just have to pay it off quicker!
Review posted by Tom Mollett, Swansea
Ease Of Use
Value For Money
Tips and secrets in getting approved for bank loans in the UK
Getting approved for bank loans is one of the hardest things that any borrower can accomplish in the UK today. Because of the recent economic hardships all over the country, banks are asking for more proof of creditworthiness and are generally more stringent. To ensure that your application for a bank loan will enjoy the best chances of getting approved, below are some of the things that you might want to consider.
The single most import factor in getting approved for bank loans in the UK
When banks evaluate your application for a loan, the first and most important question that you need to satisfy is: “Will you be able to make the proper repayments on time and on the agreed terms and conditions of the credit agreement?”
In the UK and the rest of the developed world, the answer generally lies on your own personal credit score. UK’s three major credit reference agencies, Equifax, Callcredit, and Experian, normally assign numerical values to every borrower as a means for lenders to gauge the person’s credit worthiness based on his or her past use of credit and this number is your credit score. Majority of banks that provide bank loans rely on credit score as an important factor in deciding whether or not to approve a loan application from a certain borrower.
This means that you need to build a strong history of responsible borrowing to show lenders that you have the financial capacity and attitude to manage debt so your application for bank loans will enjoy the optimum chance of approval. But the question now is how can you take out a bank loan if you don’t have a credit history? This can be true if it’s your first time taking out a loan and if you have not used any type of credit product in the past.
If you have an insufficient credit history, there are other alternatives to bank loans that you can consider and they include:
- Online short-term cash loans
- Guarantor loans
Both types of loan options will not require you to have stellar credit rating or even have a credit history for that matter. So if you are a first time borrower or someone who has a bad credit rating, then short-term cash loans and guarantor loan are alternatives to bank loans that you can look into.
5 tips for getting approved of bank loans
Bank loans are one of the hardest loans to get approved on but it doesn’t mean that it’s impossible to secure them. If you want to guarantee that your bank loan transaction is as smooth as possible, here are 5 key steps you can follow:
1.) Determine your needs
Don’t just immediately go to your bank to apply for a bank loan. Try to shop around and make a search online for different bank loans from numerous competitors. Try to determine what it is that you really need from your loan, how much you should borrow, and what kind of terms are comfortable to your budget. It could be that you are searching for a certain kind of financial product like a mortgage or personal loan but the most important thing to do here is to pinpoint the optimum deal available.
2.) Secure the necessary information
Once you have pinpointed the kind of deal that is perfectly suited to your needs and present circumstances, reach out to the bank personally to determine what the eligibility criteria for their bank loans are. Depending on the bank, you may be required to set up a direct meeting so you will know what to bring and provide to obtain a successful approval. Every bank is unique and so are their eligibility requirements and it’s important that you know firsthand what they are before you make an application to ensure that everything goes smoothly once the application process begins.
3.) Know your credit score
When it comes to bank loans, credit rating is an important factor that banks look into to determine whether or not you are eligible. With that being said, you should already know what your present credit score is prior to making an application. When you meet one of the bank’s representatives, the person should be able to guide you on the kinds of credit scores that they are looking for in every loan option available.
Preparation is key when applying for bank loans so be sure to grab a copy of your credit file from Equifax, Callcredit, and Experian, a month before you apply. Once you have secured a copy of your credit file, examine the report and try to see if there are any mistakes and inaccuracies. Lenders providing bank loans will focus closely on a borrower’s credit history. A single error can deal a negative blow on your credit rating which in turn will hinder you from getting approved.
Lastly, try to look at your own financial standing when you’re applying for bank loans. Lenders will only approve your application if they can see that you can genuinely afford the repayments.
4.) Establish a list of requirements
Now that you have gathered all the necessary information needed to secure bank loans, the next best thing to do would be to establish a list of requirements that you will need to gather to ensure that your application won’t encounter any issues. Again preparation is crucial so be sure that you have enough time in your hands to collect the needed documents such as employment records and tax returns. Bear in mind that if you fail to provide any of the documents and materials that lenders are looking for, it can result to an application denial.
5.) Know what to expect
The application process for bank loans can be hectic and time consuming so be sure that you already know what to expect. Banks have their own SOP when it comes to processing loan applications and disbursing the approved funds. When you apply for bank loans, ensure first hand that you know how the process works so you can have a realistic view on when you will receive a response regarding your application. There are bank loans that can be approved instantly but you may get hold of the information in a week or two after and this is something that you may want to expect in advance.