Amount of credit: £1,800 for 24 months at £135.47 per month. Total repayment of £3,251.27. Interest: £1,451.27. Interest rate: 65% pa (fixed). 88.1% APR Representative.
Applying for a loan with a traditional lender like a bank can take time that you may not have. You could find yourself having to drive to a bank, meeting with a loan officer, filling out a lengthy application and waiting weeks to hear whether or not you're approved. That's not a viable option when you have a pressing financial need to take care of.
On Stride Financial understands that time is of the essence when you need funds quickly. It's why we offer a simple online application you can fill out on your computer or your phone, whenever and wherever you are. We also work to provide rapid and sometimes even same day funding. Whether or not we are able to provide same day funding depends on the day and time that you apply and how quickly we are able to process your application. There is a 70% chance that, if approved, you could receive same- or next-day funding.
A same day loan could refer to any type of loan, be it a same day payday loan, a same day installment loan, a same day line of credit, etc. “Same day” simply means that receive your funds on the same day you apply for them.
Same day loans are especially important if you're facing an expense that needs to be paid for right away. A car repair is a prime example of such an emergency expense: You're driving to work, your car breaks down and you end up getting towed to a repair shop. Depending on the severity of the problem, you could be facing a hefty bill — not to mention the added cost of the initial tow to the shop.
You can't exactly wait to fix your car, but you may not have enough money saved by to pay the repair costs. A same day loan could provide the extra money you need and have you back to your daily routine in less than 24 hours.
Whether it's a broken car or some other pressing financial situation, On Stride Financial may be able to help. You can quickly apply for funds — any amount between £1,000 – £3,000 — with our simple online application 24 hours a day. If approved, you'll have the flexibility to choose a loan repayment period of either one or two years.
Whereas bank loan applications can be lengthy and complicated, we've made ours as clear and transparent as possible. We only ask for basic information such as place of residence, employment information and a few other personal information points. It's a faster method for you, and it helps us cut down on time spent processing your application.
We recommend visiting our How it Works and Rates & Terms pages to see how our loans work — this way you'll be prepared to review your loan offer, should you be approved for one. If you have additional questions, please visit our FAQs page or contact one of our helpful customer support members.
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