Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk Loanski is an authorised credit broker not a lender

    Swift Money Loans Alternative

    Loans from £100 to £10,000

    • 1 month to 5 years
    • 100% online application
    • All credit scores welcome to apply
    • Paid in as fast as 10 minutes^

     

    Secure SSL connection

    Your application is sent over a secure encrypted network

    Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

    Choose Loan Amount

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    Rates from 45.3% APR to 1575% APR Minimum Loan Term is 1 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
    *Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000

    Choose Loan Amount

    Credit score not affected*

    Loading

    Rates from 45.3% APR to 1575% APR Minimum Loan Term is 1 months - Maximum Loan Term is 60 months. Representative Example: Borrow £1000 for 24 months. Annual interest rate 70% (fixed). 24 equal instalments of £77.48. Total amount to repay £1,859.52. Representative 97% APR (variable).
    *Subject to application being approved by the lender. Not all lenders are able to provide up to £10,000

    Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

    Loans from £100 to £10,000

    • 1 month to 5 years
    • 100% online application
    • All credit scores welcome to apply
    • Paid out in as fast as 10 minutes^

     

    Secure SSL connection

    Your application is sent over a secure encrypted network

    REPRESENTATIVE 97% APR

    Loanski offers competitive interest rates compared to some lenders across the market.

    Installment Options

    Customize your loan term from 1 month to 60 months putting you in control of your payment plan.

    Fast Payouts

    You can expect fast payouts sometimes within 10 minutes^

    Company Number: 

    07552504

    Company Name:

    SwiftMoney.com is a registered trading Name of Swift Money Limited

    Date firm started up business:

    4 March 2011

    Type of Business: 

    96090 – Other service activities not elsewhere classified

    Swift Money offers the following:

    £100 to £3500 

     

     

    Loan term length:

    1 month to 25 months

     

    Related brands:

    Gemini

    Premier Finance

    Head Office Address:1-3, The Courtyard, Calvin Street, Bolton, Lancashire, United Kingdom BL1 8PB

    FCA Status: Authorised

    Swift Money Limited is regulated and authorised by the FCA (Financial Conduct Authority).

    Payout Time:

    Between 15 minutes and 3 days

    Swift Money Review

    Swift Money Limited is a loan broker who started up business in 2011 to help people find the best loan deals as quickly as possible. They take the stress away from spending hours sitting at a computer researching and filling out application forms to find yourself a loan that is suitable for your needs and circumstances.

    Based in Lancashire they can search for loans from between £100 to £3,500 pounds with loan terms of up to 25 months. Their website is very bright and attractive, the colours make everything stand out clearly.

    Their service is completely free, there are no hidden fees or extras, they will only take a commission from the loan company once your loan application has been completed.

    Using loan brokers is ideal and better than applying directly because they save you the risk of been rejected for a loan which can damage your credit score.

    Entering your personal information and a brief overview of your financial circumstances means that they can perform a soft search on your credit file which doesn’t leave a mark.

    Doing this soft search means that they can match you with lenders that you are more likely to be accepted with.

    Meaning of Swift Money?

    ‘Swift Money’ is two words in the English language.

    Swift – ADVERB

    literary

    swiftly – another word for fast.

     

    Money – NOUN

    A current medium of exchange in the form of coins and banknotes.

    The two words put together is basically an alternative way to say ‘fast money’ meaning that they can give their customers access to money fast.

    Repayment method:

    The method in which you will repay your loan will vary from lender to lender. The majority of lender use either direct debit or Continuous Payments Authority to take payments.

    These two methods are very similar and are both taken automatically but one is directly from the bank and one from your card.

    If you prefer to use other methods such as online payments, bank transfer or card payment then you can speak with them directly about your payment options.

     

    Do I need a bank account?

    As Swift Money is an online loan service then you will need a bank account to apply.

    In most cases, you will also need a debit card which is attached to the same bank account.

    Your bank card and account will be used as part of the process of confirming your identity, to fund your loan and to also take the repayments.

    To be eligible to apply for a loan you must fit the following criteria:

     

    Age

    All applicants to Swift Money must be a minimum of 18 years of age.

     

    Address information

    Applicants must be a resident of the United Kingdom and will also need to provide 3 years worth of address history on their application form.

     

    ID and Income

    One of the application requirements is a regular monthly income. Swift Money does not state whether this needs to be from employment or whether it can also be from benefits or a pension.

    Some lenders may require you to fill out an expenditure form detailing your monthly income and your outgoings. On the outgoings section, you will need to provide details of what monthly bills you pay so that Swift Money can ensure that you will be able to pay back the loan.


     

    Penalties

    Each lender will have their own penalty policy if you do not make your repayments. Some lenders do not charge any late payments fees while others may charge additional interest which will be capped up to a certain amount.

    Before signing your loan agreement always double-check with your lender what their policy is.

    If you do feel that you will be unable to make one of your repayments it is always best to speak to your lender as soon as possible. They may have a solution that they may be able to offer you which may prevent you from receiving any fees.

     

    Reviews

    On Trustpilot Swift Money only has 3 reviews which are all bad and say that you will receive a lot of spam emails when applying with them.

    However, on reviews.co.uk they have a very good review score by their customers.

    Customers say that their service was very fast and effective and they were able to find a fantastic loan deal using their broker service.