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Emergency Cash Loans – Borrow £400-£2,500 in 24 Hours

If you need money fast for an emergency, The One Stop Money Shop is here to help you borrow £400–£2,500 with same day funding if approved by 3:30pm.

For broken boilers, car repairs or bills mounting on the kitchen table, we offer unsecured personal loans that can offer funds upfront so that you can pay for your emergency expenses immediately and get life back on track.

We offer a fully online loan application, so you can complete your details using our form in less than 5 minutes and receive a provisional loan offer. Subject to further checks, we aim to approve and fund your loan application on the same day or as soon as possible.

There are no fees for applying and we are able to consider customers with bad credit. Simply use our calculator and click on the ‘apply now’ button to get started.

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APR 295.60%
Total Borrowed: £500
Total Repay: £962.52
Total Interest: £462.52

Representative Example: £500 loan repayable over 12 months £81.25 per month total amount payable £975.00 Representative 295.60% APR fixed

How Fast Can My Loan Be Approved and Funded?

We aim to approve new loan applications as quickly as possible and we are able to transfer funds on the same day as long as they are approved by 3:30pm that day.

We do not offer transfer funds on weekends and will therefore complete payment on the next working day.

Key Features

Borrow £400 to £2500
Same day funding available
Repaid over 6 to 24 months in equal instalments

Completely online
Bad credit considered

What Can Emergency Cash Loans Be Used For?

Car repairs and expenses
House repairs and damages
Plumbing problems
Paying for groceries

Child expenses
Funeral costs
Paying rent
Council tax

Why Use The One Stop For Emergency Cash Loans?

We were founded in 2002 and have always had a passion for doing the right thing for the customer. We offer affordable finance as a payday loan alternative, helping customers to spread repayment over 6 to 24 months to provide flexibility and added breathing space. We are an FCA-regulated lender and follow the highest levels of responsible lending and treating customers fairly and aim to practice this in every aspect of our business and the customer journey. We are a direct lender and you can have confidence that you are working with The One Stop Money Shop every step of the way, with no other brokers or hidden fees.

Can I Get an Emergency Loan With Bad Credit?

Yes, we are able to offer emergency loans for people with bad credit. Our business is designed to consider all types of credit histories and we do not expect customers to have a perfect credit score.

We understand that emergencies can happen in life and this can cause your credit score to fluctuate. However, we are able to assist those people looking for loans with bad credit and CCJs provided that they have a stable income, employment and can afford to make our monthly repayments on time.

What Types of Emergency Loans Are Available?

Short Term and Personal Loans

A short term loan can last for 6 to 24 months and is unsecured, so your eligibility is based on your income, affordability and credit score. This type of loan carries medium interest rates and is designed to be paid off in full in just a few months time, and customers have the option to repay early in full if they wish. Repayments are in equal monthly instalments.

Instalment Loans

If you have an emergency expense, this type of unsecured loan offers the funds upfront and is paid off in monthly instalments to help manage and spread repayments. Whether you borrow over 6,9,12 or 24 months, you pay the same equal amount each month, so it is consistent.

Payday Loans

Payday loans offer immediate funds to pay for emergencies and payment is expected in full on your next pay date from work, typically the last Friday of the month. These loans are designed for short-term emergencies and not long term debt solutions since they carry higher interest rates than typical products.

Credit Card Advances

A credit card cash advance is a way to borrow cash directly from your credit card instead of using it to make purchases.

A cash advance can usually be taken out at an ATM, through a bank, or by transferring funds into a checking account. The interest rates are typically higher than normal credit card purchase rates because the interest starts accumulating immediately from the day the cash is withdrawn.

Logbook Loans

With a logbook loan, you can receive 50% to 70% of your car’s value and often receive funds in 24-48 hours of applying. The loan is secured against your value and failing to pay could result in repossession.

What Is The Criteria For Applying?

We have developed a straightforward eligibility and acceptance criteria to ensure all applicants and customers have a smooth borrowing experience. To apply for a loan, you must meet the following requirements:

Over 25 Years Of Age:

We are committed to responsible lending, which is to always act in the customer’s best interests and as such you must be over 25 years of age, to apply for one of our loans.
UK Residency:

To be eligible for our loans, you must be a full-time United Kingdom resident. We prioritise serving customers within the UK to ensure we provide a seamless borrowing process.
Employment Status:

Whether you are employed full-time or part-time, we welcome your application. We understand that individuals have different work arrangements, and we consider both employment types for loan approval.
Ability To Make Monthly Repayments:

As responsible lenders, we want to ensure our customers can comfortably manage their loan repayments. Therefore, we assess your ability to repay monthly based on your income and expenses, not just your credit score.
Valid UK Bank Account Holder:

A valid UK bank account is necessary to facilitate smooth and secure transactions. It lets us deposit the approved loan amount directly into your account for quick access.
Valid UK Mobile Number & Email Address:

We require a valid UK mobile number and email address to communicate with you throughout the loan process. This ensures you promptly receive updates, loan offers, and the necessary documentation.

Frequently asked questions

What Is An Emergency Cash Loan?

An emergency cash loan is an unsecured loan which can often be transferred within a few hours, designed to help pay cashflow emergencies such as paying rent, buying groceries or paying for urgent home or car repairs. The interest rates may be a little higher than typical personal loans, but they are meant to be short-term and paid off in a few weeks or months.

Can I Get A Loan If I Have A Poor Credit History?

Yes, you can still get a loan from One Stop Money Shop even if you have a poor credit history. We understand that your past credit issues do not necessarily reflect your current financial situation. That’s why we focus on your ability to repay the loan based on your current income and employment status. As long as you meet our income and employment criteria, and we believe you can afford the loan repayments, you have a chance to be approved.

How Soon Will I Receive Funds Once The Loan Is Approved?

Once your loan application is approved, you can receive the funds very quickly. At One Stop Money Shop, we strive to provide a fast and simple service, and in many cases, the funds can be deposited into your bank account on the same day. The speed of the funds can depend on your bank’s processing times, but we prioritise making the funds available to you as swiftly as possible.

What Can I Use An Emergency Loan For?

Common uses for an emergency loan include covering unexpected bills, paying for car repairs, handling urgent home repairs like fixing a leaky roof or a broken boiler. Whatever you need your loan for, we can help.

What Are Emergency Loans Not Used For?

Emergency products should not be used for betting, luxury goods, lavish purchases, gifts or holidays – but rather genuine household emergencies with a view to repay these in a short timeframe.

What Are The Repayment Terms For A One Stop Money Shop Loan?

The repayment terms for a quick loan at One Stop Money Shop are designed to be flexible and manageable. For short term loans, we offer a shorter, but realistic repayment plan. For larger amounts, such as our instalment loans, you can repay it over a period of up to 24 months. This allows you to make regular monthly payments that fit your budget. We provide clear and transparent terms, so you know exactly what to expect and can plan your finances accordingly. If you have any questions about the repayment terms, our team is always on hand to help.

About The One Stop Money Shop

The One Stop Money Shop is a direct lender offering a short-term solution for emergency cash shortfalls. Our loans are unsecured and repaid over 6 to 24 months in equal monthly instalments. We are able to consider bad credit scores and those with a history of CCJs and interest rate you are charged will be based on your credit status and affordability. We are able to offer same day emergency loans provided that your loan is approved by 3:30pm on a working day.