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Let me tell you about Short Term Loan Direct Lender

Let me tell you about Short Term Loan Direct Lender

What Are Short Term Loan Direct Lenders?

A short term loan direct lender is a company who can lend to you directly themselves. They are authorised and regulated by the Financial Conduct Authority. They will clearly show their interest rate including PA fixed-rate and ensure you have read their terms and conditions when making an application.

These direct lenders, including LoanPig, practice responsible lending. Our process for payday loans, as a UK direct lender, has been designed to give you access to our funds but also a number of different lenders, at the push of a button. A direct lender will ensure that you are fully aware of any late repayment warnings and penalties and your right to early repayments, and a clear document stating your monthly repayments and interest rate. This assures you that your loan will be from a reputable source and in your best interests no matter your credit history.

Why are LoanPig Loans better?

As a new customer of LoanPig’s* you could get a loan with a rate of 199% fixed APR (subject to status), “what does that mean?” we hear you ask. We’ve pulled together a comparison chart for you below to help explain.

The representative APR per year on a new customer loan would be approx. 530%

Short Term Loans from a Direct Lender

Finding yourself in financial difficulty can be quite a stressful situation. If you need money urgently, thankfully, there are several options available to you, including applying for a loan with a short term loan direct lender like LoanPig , even if you have bad credit.

As a direct lender, we put our customers at the forefront of our thinking around short term loan lending.