100% Secure Online Application
Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed).Representative 669.35% APR (variable).
Ready to find your loan? How much would you like to borrow?
We offer a range of loans from as little as £100 to up to £5000, and you can borrow what you need over just 1 to 3 months or, if you need longer to pay it back, we can offer a 36-month repayment term.
• Get an instant decision with no cost to apply and only a soft credit search that doesn’t impact your credit rating.
• You could get a small loan in your bank today! (Subject to status)
• We’re an experienced business with, on average, over 4000 no-obligation loan quotes handled each day.
Warning: You shouldn’t use payday loans as long-term solutions to any financial problems. If you are late with your repayments, you should be aware that this can cause you serious money problems. If you need help or debt advice, you can visit stepchange.org, moneyhelper.org.uk or nationaldebtline.org.
We understand that sometimes you need a little help for unexpected occurrences, perhaps for a new boiler or washing machine, and even on benefits, you may still be able to get a bad credit loan to cover what you need. The important thing is that you can afford to repay your loan.
There are many different kinds of benefits and different reasons for receiving them, and you may find that you can apply and be accepted for a loan.
Our lenders look at different criteria when assessing if someone will be offered a loan, and your circumstances are unique to you, so it’s worth a check to see if you are eligible.
When you apply, we’ll do a soft credit search that won’t harm your credit file, and you could find yourself with money in the bank the same day!
With Cobra Payday Loans, we’ll do our best to help you, and you can apply for any amount between £100 and £5000. You can choose to pay it off quickly, over 1 to 3 months, or opt for a longer repayment term of up to 36 months.
The only way to know for sure is by applying. It’s free, and it takes just seconds to find out if one of our lenders will approve your loan. And our application process uses a soft check that doesn’t damage your credit rating. A hard credit check will only be done if you decide to go ahead with one of our lenders.
How it works
It’s easy to apply. There’s very little difference in the application between someone on benefits or someone with a regular income from employment. We like to make things straightforward for our customers, and we know you need your money quickly, so we have made the application as quick and easy as possible.
All you need to do is fill out a short and simple form with your details, and then we’ll search our database of lenders to see what your loan options are.
If you’ve been accepted, you’ll be redirected directly to the direct lender that is willing to lend to you. Simply complete your loan application on their site, and you’ll have the funds in no time!
Still, got questions? Our friendly team is here to help. See below for our most frequently asked questions. And, if you still need some help, please do feel free to get in touch.
The answer really is as individual as you are, so the best thing to do is give our simple eligibility checker a try and see what happens. It’s free to use, there’s no fee to pay, it doesn’t affect your credit rating, and it takes less time than boiling the kettle.
And if you begin with a small payday loan and pay it off on time, you will have made a start on your credit history for lenders to look at in the future. You could then build your credit rating with a small loan and prove that you can afford your credit and make timely payments. A payday loan could be just the thing to get you started.
Simply fill in your details, and we’ll do the rest. You’ll get a quick decision on if you’re accepted, and, if you are, it’s just a case of checking the terms of your loan and agreeing to it with your lender.
• Apply quickly and easily with only a soft credit check that doesn’t affect your credit score.
• Apply now, and you could get your money in your bank account today!
• With experienced lenders and a record of processing thousands of applications a day, you’re in safe hands.