How it Works

Applying for a loan or finance at Same Day Loans couldn’t be easier. We’ve streamlined our application form so that you can complete it in just a single minute. Everything on the application form is simple, easy to understand and directly relevant to getting you finance.

The best way to start is to go ahead to our application form, check you know the answers to all the questions, and fill it in. That’s pretty much the entire process – you’ll be instantly approved and your loan should be with you within an hour.

We believe strong in a pain-free application process. We know that you don’t want to have to send a fax or print a form and post it to us to complete your applications, so with us you don’t have to – everything is done online. We’ve kept up with the latest in online technology so your agreement to our terms online means we don’t have to collect a traditional paper signature from you, saving all of us time and effort.

Here’s a numbered step by step guide to how our application process works:

1) You visit our website. (Hey! You’ve already done this if you’re on this page – congratulations, now move onto step two).

2) Click the Apply Now button to load up the application form.

3) At the top of the application form choose the loan amount you’re looking to borrow. Your choices range from £100 to £2000 and increase in £50 increments.

4) Fill in the ‘Your Details’, ‘Your Address’, Your Employment’ and ‘Your Finances’ sections of the form which asks for the details we need to process your application. As a responsible lender we need to ensure that you are who you say you are, and therefore we need these details to legally be able to process your application.

5) Tick the boxes saying you agree to our terms and conditions (there’s a link on the application form to read these), and choose if you want to tick the box to receive further communications from us. We do initiate a credit check, if that isn’t what you’re looking for there are options which don’t perform a credit check in the market.

6) Click the big Submit button.

7) We’ll get back to you in less than thirty seconds with an instant decision.

8) If you accept then the cash will be with you within a hour of your application being submitted. If you’ve got online banking you could check this and see the money arrive.

It really is that simple. We tested the whole process out on our employees using a stop watch and many of them managed times much quicker than the 60 seconds we quoted. We believe our application form is one of the simplest and easiest to use in the industry.

There’s no charge for the application, and no hidden fees. We’ve heard about dodgy loan companies that make you pay to match you up with a lender – don’t worry, we’re not one of them and we hate their business model. You’ll never be charged any fees in the application, and what you pay back in interest will be clearly presented during the process. It’s up to you if you want to accept the loan offer – there’s no obligations, no fees, no faxing – just a simple application process.