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

Same day loans

  • Fast 3 to 60 month online loans
  • 100% No obligation loan quotes
  • Cash could be sent in minutes*
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79.5% APR Representative

Digitonomy Limited (trading as Growing Power) is a credit broker not a lender. All Applications Subject to affordability, UK residents only.

Rates between 15% APR and Maximum 1733% APR - your no obligation quote and APR will be based on your personal circumstances - we compare small loans from over 30 lenders to get you the lowest APR possible. If you are not successful in finding a loan we may transfer you directly to alternative firms and services, such as credit builder tools, which may charge you a monthly fee.

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Affordable repayments
Flexible Repayment options

Representative example: Amount of credit: £1000 for 12 months at £123.40 per month. Total amount repayable of £1,480.77 Interest: £1000.00. Interest rate: 79.5% pa (fixed).79.5% APR Representative.

Rates between 15% APR and Maximum 1733% APR. Loan term lengths from 3 to 60 months. There are no fees for our service.

Financial emergencies can happen to anyone, at any time, and have an annoying habit of popping up when we least expect them… and when we’re less than prepared to cover the costs.

Whether your car has failed its MOT, or your beloved pet needs an urgent vet’s appointment and pricey antibiotics, a same-day loan could help to tide you over when your savings can’t.

Can I get a same-day loan?

It might be possible to get a same-day loan, although this cannot be guaranteed with any lender.

While some lenders could process your request and send your money on the same day as your application is accepted, it’s important to bear in mind that the time it takes for the money to appear in your account will depend on your bank’s policies and procedures.

Can I search for a same-day loan with Growing Power?

Growing Power is a credit broker. We’re proud to work with a panel of responsible lenders who provide short-term, personal loans between £100 and £10,000. Depending on the amount of money you apply to borrow, you could repay your same-day loan across a term of 3 to 60 months.

You can search for a same-day loan with Growing Power 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 into your bank account.

Bad credit same-day loans

If your finances have been struck with an emergency expense and you have bad credit, it’s only natural that you might feel anxious when wondering what your options are.

Finding a lender willing to consider your application for a loan when you have a history of poor credit can be tricky.

Several of the lenders on the Growing Power panel specialise in loans for people with poor credit, and if your application is approved, your money could be sent the same day.

If you do decide to apply for a bad credit same-day loan, you should be aware that you could be offered a higher interest rate.

Same-day loans for people with no credit history

Having no credit history is commonly referred to as having a ‘thin’ credit file. A thin credit file often occurs if you’ve never paid bills or borrowed credit. While it could have a negative impact on your chances of being approved for a loan, you shouldn’t beat yourself up over a thin credit file; it’s certainly not a bad thing!

Growing Power work with a handful of lenders who are willing to consider applications from people with no credit history, although, like those with bad credit, you could be presented with a higher rate of interest.

Building up your credit score could increase your chances of being approved for credit, and a good credit score could mean that you’re offered better rates of interest.

How to increase my chances of getting a same-day loan

While it’s important to bear in mind that a same-day loan cannot be guaranteed, there are things you can do that could increase your chances of having your money sent sooner rather than later.

  • Be mindful of when you apply. While many lenders allow you to submit a form 24 hours a day, 7 days a week, your application might not be picked up until standard business hours (9am – 5pm), and some lenders might not work over the weekend. For example, if you apply at 7am on a Sunday morning, your application might not get looked at until 9am on Monday. You should also be aware that some lenders may require you to physically attend a branch to complete your application.
  • Find out the expected payout timeframe of your chosen lender. Some lenders are able to send funds on a daily basis, while others may have a handful of set payout days per week. Familiarise yourself with this before you apply so that you’ll have an idea of when you could receive your money.
  • Fill out the application form to the best of your knowledge. Incorrect or missed information may result in processing delays, which could be the difference in your money being sent today, tomorrow, or later.
  • Be sure to have key information and documents to hand. Typically, lenders may ask you to supply a form of ID, proof of address and income, and recent payslips and bank statements.
  • Know your credit score, and research different lenders accordingly. If you have a history of poor credit, you might look for a lender who specifies that they specialise in loans for people with bad credit. Applying with a suitable lender could save you time and prevent you from making multiple applications, which in turn could protect your credit score.

Searching for a same-day loan with Growing Power

  1. Our online form should take no longer than five minutes to complete. You’ll just need to let us know some key information, including how much money you need to borrow, your preferred repayment term, your income, and your employment status.
  2. In just 60 seconds, we’ll run a soft search with no impact to your credit score and scan our panel of lenders for a suitable loan. If we’ve found you a loan, you’ll be redirected to the lender’s website, where you can find out more.
  3. If we weren’t able to find you a loan on this occasion, you may be shown some alternative products, such as a credit-building service which may charge a fee if you choose to use it. Please remember that our service is free to use and you’re under no obligation to proceed with any loan or alternative product.
  4. Are you happy with the loan we’ve found for you? If so, you may choose to make a full application directly with the lender. At this stage, a creditworthiness assessment will be carried out, and this will include either a hard search* or Open Banking**.
  5. If the lender is happy with the outcome of their check, they will officially confirm your offer.
  6. Your funds will be sent to you. As mentioned, some of the lenders on the Growing Power panel are able to send your money on the same day as your application is approved, although again, it’s worth noting that your bank’s policies and procedures will impact when the money becomes available in your account.

* 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 impact on your credit score.

** Open Banking is a secure system used by many authorised third parties, including several lenders. With your consent – which you can withdraw at any time – Open Banking enables your chosen lender to access your current online bank account with a read-only view. Through this process, they’ll be able to see your recent financial activity, which provides them with another, more up-to-date overview of how affordable a loan could be for you.

I’ve taken out a loan that I can no longer afford; what should I do?

We appreciate how stressful this situation can feel. When faced with money worries, it can be tempting to bury our head in the sand, but ignoring the problem won’t make it go away. Reaching out and asking for help is the first step towards taking back control; when you feel ready, you should contact your lender. The sooner they’re aware of your current situation, the sooner they can help you.

If you’re struggling to repay your loan, your lender will work with you to put a plan in place. This may be in the form of a repayment holiday or temporarily reduced repayments.

I need help with money; where can I get advice?

Please know that you can access free, impartial advice on a range of money and debt topics through sites such as StepChange, MoneyHelper, Citizens Advice, and National Debtline.

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