Little Loans in Manchester

Written by:

Cara Bradley

5 minutes mins read

Updated: 26th November 2024

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Are you looking for a payday loan alternative in Manchester?
Wherever you’re based in the UK, Little Loans could help search for a short-term loan to suit your personal financial circumstances.
Any credit score considered.

Manchester

Music, football, buzzing nightlife, and one of the nation’s best loved soap operas are just some of the things that may come to mind when thinking about Manchester.
Britpop sensation Oasis formed in Manchester, and the list of musical legends that call the city home doesn’t end there. Ian Brown, Morrisey, Johnny Marr and new-age rapper Aitch also proudly hail from Manchester.

Many of its inhabitants consider Manchester to be a wonderful place to reside. In fact, a 2023 study revealed that the city had been ranked as the 28th most liveable in the world.

Do you need money in Manchester?

No matter how careful we are with money, an unexpected financial emergency could leave us struggling with our funds.
If you’re looking for a loan in Manchester, Little Loans might be able to help you search for a suitable option.
Little Loans is a credit broker, and we work with a panel of over 30 responsible lenders. The lenders on our panel don’t provide payday loans, but they do offer short-term personal loans as an alternative.

What is a payday loan?

A payday loan is when you borrow money from a lender and then repay it in full by your next pay date – usually within four weeks.
A payday loan could be considered useful if you’ve been hit with a financial emergency and need money in a hurry. However, there are other options to consider.

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

Payday loans typically need to be repaid in full within four weeks, whereas short-term loans provide borrowers with the opportunity to choose a repayment term to suit them.

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

While financial emergencies can leave us feeling panicked, remember to stop and think before making a decision. A loan is a serious financial commitment, and you should take the time to look into any other options that may be available to you before you apply.

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

How long do I have to repay my short-term loan in Manchester?

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

Payday loans for people with bad credit in Manchester

Having a poor credit score doesn’t automatically mean that your application to borrow credit will be turned down. Payday loans aren’t the only possibility when thinking about applying for a poor credit loan. Some lenders of short-term loans – including a number of those on the Little Loans panel - are also willing to consider applications from those with less-than-perfect credit history.

A bad credit loan is likely to come with a higher interest rate. Before you apply for a bad credit loan in Manchester, you should first consider the cost of monthly repayments, which will include interest.

Search for a loan in Manchester

You can use Little Loans to help you search for a short-term loan in Manchester if you:

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

How quickly will my money be sent?

Your lender could send your money on the same day as your application is approved, although you should bear in mind that each lender will have their own payout timeframes.
The time it takes for the money to become available in your account will depend on your bank’s policies and procedures.

Things to think about before you apply for a loan in Manchester

It’s important to weigh up all the options that may be available to you before you decide that a loan is the best option to suit your current circumstances.

• Is your need for money urgent or could it wait a couple of months until you’ve saved up instead? Using your own money means that you will avoid the cost of borrowing, such as interest.
• Is borrowing money from friends or family a possibility? Your loved ones may agree to provide the money interest-free or at a lower interest rate than a lender.
• If you do decide that a loan is the right option for you at this time, are you certain that you’re able to afford the monthly repayments? Consider if you’d still be in a position to afford your repayments if your circumstances were to change; for example, you were unable to work, or your income was reduced.
• It’s important to be aware of the potential impact that a loan could have on your credit score. If you fall behind on your repayments, or miss them altogether, your credit score will suffer as a result. On the other hand, making your repayments on time each month and repaying your loan in full before the term expires may have a positive impact on your score.

Why choose Little Loans for your payday loan alternative in Manchester?

• Little Loans, and all the lenders we work with, are authorised and regulated by the Financial Conduct Authority (FCA).
• Our service is completely free to use.
• You can fill out our online form at a time and place that suits you, 24 hours a day, 7 days a week.
• Check your eligibility before you apply in just 60 seconds.
• Checking your eligibility will not impact your credit score.*
• No-obligation quotes.

*Little Loans uses soft search technology, which will not harm your credit score. If you’re matched with a lender and you decide to make a full application, a hard search will be carried out. A hard search will remain on your credit file for up to 12 months. Undergoing multiple hard searches within a short period of time could have a negative effect on your credit score.