Little Loans in Birmingham

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Written by:

Cara Bradley

5 minutes mins read

Updated: 26th November 2024

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Little Loans is a credit broker, working with a large panel of Financial Conduct Authority (FCA) authorised and regulated lenders, who offer short-term loans for applicants in the Birmingham area between £100 and £10,000.
Our service is free to use, and quotes are no-obligation. Any credit score considered.

Birmingham

If you’re a fan of music, there’s a chance that you may be familiar with some of the great bands to have come out of Birmingham over the years, including UB40, Black Sabbath, Dexy’s Midnight Runners, Electric Light Orchestra (ELO), and more recently, The Streets.
As well as boasting a diverse music scene, Birmingham is also known for its chocolate. Cadbury, one of the best-loved confectionery brands in the UK, was founded in Birmingham in 1824, and the city’s Cadbury World Experience attracts thousands of visitors a year.

In addition to a rich musical history and famous chocolate, those spending time in Birmingham can also enjoy shopping at the Bullring, a plethora of winding canal walks (the city boasts 35 miles of canal in total!), and the Black Country Living Museum.
Whatever your interests, Birmingham’s diverse selling points make it a great city to get to know.

Search for a loan in Birmingham

Has your car broken down?
Boiler in need of urgent repairs?
Do you need to replace a packed-up household appliance?
We can’t always control the financial emergencies that come our way, and in the
event of an unexpected expense, you might think about turning to a loan to help tide you over.

Little Loans covers the whole of the Birmingham area, as well as the rest of the UK. If you need money in Birmingham, whether you’re looking for loans in Solihull, loans in West Brom, or loans in Hales Owen, Little Loans might be able to help you search for a suitable option.

Do Little Loans offer payday loans?

Little Loans is a credit broker, not a lender. We work with a large panel of trusted and responsible lenders who provide personal loans.
None of the lenders on the Little Loans panel offer payday loans. Instead, the lenders we work with provide short-term loans with a range of repayment options.

Depending on the amount of money you apply to borrow, you could repay your loan across terms between 3 and 60 months.

What’s the difference between payday and short-term loans?

If you’ve thought about applying for a loan, you might have asked, ‘what’s the difference between a payday and short-term loan?’.

Payday loans are a sum of money borrowed from a provider and are usually taken out in the event of a financial emergency, where funds are needed in a hurry. They must typically be repaid in full within a month. Their short window of borrowing may result in high interest rates.

Short-term loans come with a range of repayment options, which could enable the borrower to spread the cost of the loan across multiple months or even years.

Are short-term loans better than payday loans?

In terms of which type of loan is better, this is something that is down to the individual, and their personal financial circumstances.
If you’re thinking about applying for a loan, it’s important to research into all the available options so you have a clear understanding of how each one works and can make the best decision for your own personal situation.

Who can search for a loan with Little Loans?

You’re welcome to use Little Loans to search for a loan in Birmingham if you:

  • Are over the age of 18;
  • Are a UK resident;
  • Have a UK bank account with a valid debit card; and
  • Have a regular source of income paid into your bank account.

What are my chances of getting a bad credit loan in Birmingham?

Is your credit score looking a little worse for wear? Having bad credit doesn’t necessarily mean that you won’t be able to get approved for a loan, although you might find that your borrowing options are limited.
Several of the lenders on the Little Loans panel specialise in bad credit loans and would be willing to consider applications from people with poor credit scores.

I need money now in Birmingham. How much can I apply to borrow?

With Little Loans, you can search for a loan between £100 and £10,000.
You should never borrow more money than you actually need or can afford to repay.

I’m researching loans in Birmingham to see if this could be an option for me. How quickly could my money be sent?

If approved for a loan through one of the lenders on our panel, your money could be sent the same day.
Each lender will have their own payout timeframe, so if your need for money is urgent, you may wish to speak with the lender before making a full application so you have a clear idea of when you could expect your money to arrive.

The time it takes for the money to become available in your account will depend on your bank’s policies and procedures.

Search for a loan in Birmingham: the Little Loans process

Here’s everything you can expect from the Little Loans journey. Our process is simple and straightforward, and our application can be completed anywhere, at any time.

1. Tell us how much money you’d like to borrow, for how long, and complete our online form. This should take no longer than five minutes.

2. In just 60 seconds, we’ll run a soft search on your financial information and scan our panel of lenders for a suitable match.

3. If we’ve found you a loan, you’ll be redirected to the lender’s website.

4. Once on the lender’s site, you can learn more about the loan and decide whether you’d like to make a full application. If you choose to go ahead, a hard search will be carried out.

5. If you meet the requirements of the lender’s checks, you will be sent a loan agreement. You should read through this carefully before deciding whether to sign and return.

What’s the difference between a hard and soft search?

A soft search will not affect your credit score and will only be visible on your credit file to you, and the company that carried out the search.

A hard search provides a lender or provider with a deeper insight into your financial situation and will remain on your credit file for up to 12 months. Making multiple applications for credit will result in multiple hard searches, which could have a negative impact on your credit score.

Worried about money?

Wherever you are in the UK, please know that free, confidential money and debt management advice can be accessed through charities and organisations, such as StepChange, MoneyHelper, Citizens Advice, and National Debtline.

Check out our 4.8 star rating on Feefo

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Straight forward

“Easy pleasant service, quick decision and easy account management.”

Laurissa Marsden

Representative example: Amount of credit: £1000 for 12 months at £123.40 per month. Total amount repayable of £1,480.77 Interest: £480.77. Interest rate: 79.5% pa (fixed). 79.5% APR Representative. We’re a fully regulated and authorised credit broker and not a lender