Are you looking for a Sunny Loan? Before you go for one, it’s always worth looking at the alternatives.
If you don’t compare loan companies, you could be missing out on a better deal on interest as the offers vary between each company. You might get an offer from Sunny but they might not be able to lend you as much as you need.
You may think Sunny Loans is the right choice for you just because you have seen adverts for them on TV – maybe, your friend had a positive experience and recommended them. This doesn’t mean that Sunny Loans is necessarily the best choice for you.
But you don’t have time to spend hours searching for the perfect loan. Even if you tried, you couldn’t possibly consider apply to every company – there are hundreds of them.
Moneypod is a payday and short-term loan broker – what we do is match you with a payday or short-term loan from a lender really happy to work with you. Because we work so closely with the lenders on our panel, we know where the find the right deal to meet your financial needs.
Established since 2013, Sunny Loan has helped 1 million loan customers access the finance they need.
Sunny Loan’s parent company is called Elevate. Elevate is based in the UK and they feature many testimonials from the customers on their website – most of whom give them a 5-star rating. They are also rated 9.4/10 by ‘Trustpilot’ and that score is based on 3,266 verified reviews.
A Sunny payday loan is a loan that you repay on the date either you’re paid by your employer or within thirty days. With a short-term loan, that’s different – you repay the loan anywhere from 1 to 12 months depending on the agreement that was made when taking out the loan.
Using a Sunny short-term loan, you can borrow anywhere from £100 and £2,500. You’ll have anywhere between 6 and 14 months to pay back the loan. Their flexible terms mean you can repay the money earlier than agreed on if you choose to and save a lot in interest.
Sunny Loans also offer payday loans in which you can borrow £50 to £1,000 which must be payed within a month.
The amount of time it takes for Sunny Loans to decide whether the loan is right for you varies. Sometimes it takes a few minutes, other times you may be asked to send in extra paperwork which will hold up the decision. In most cases, you will not be asked to do this, however if you are, Sunny will tell you by email.
Once your application has been accepted by Sunny. your loan will generally be sent to you within 15 minutes but it normally takes your bank about an hour to credit your account.
To qualify for a Sunny loan, you’ll need to provide the following information on their online application form:
Whereas Sunny Loans is a direct lender, Moneypod is a broker.
Sunny Loans only lend money to you from their own funds when you approach them direct. They carry out their own credit check and they have their own preferences about the types of customers they like to lend to.
If you apply for a Sunny Loan but you’re turned down, there’ll be a full search showing on your credit file. That happens every time you approach a direct lender and they say “no”. The problem with that is, if you keep on applying for loans, search after search will be recorded and that’ll make it less likely that a lender will say “yes” to you.
You completely avoid this worry with Moneypod because we’re a broker, not a direct lender like Sunny. What does this mean for you? Moneypod acts as a matchmaker. When we get your details, we run lots of different preliminary checks on your application to match it to the right lenders. You’re much more likely to find the right lender and, in most cases, less likely to get a “no”.
The Financial Conduct Authority – or FCA for short – protects you – the customer. You should only ever use lenders that are FCA-registered and -approved. When you use an FCA-approved lender, you receive the following protections:
Sunny Loans’ parent company, Elevate Credit International Limited, is regulated and authorised by the FCA. Their registration number is 673771.
Moneypod is also FCA-registered. Our parent company, Nouveau Finance Limited is regulated and authorised by the Financial Conduct Authority with our reference number being 727348.
Applying for a Moneypod loan is easy. All you need to do is fill in our application form, confirm that the details you have entered are accurate and we match you with your ideal lender. We’ll ask you for:
At Moneypod, we partner with over 200 payday and short-term loan lenders based in the UK.
We sift through all of them after we receive your application, carefully considering if they’re the best lender to approach so that you get the right loan for you. This not only saves you a large chunk of time that can be better spent on other things but our service also costs you nothing.
So, you want to apply for a Moneypod loan but aren’t sure whether you qualify for one. Check your eligibility against our criteria below:
Our set of requirements is there just to ensure that you can afford our loans and that paying your loan back will not cause you any hardship.
Moneypod is the obvious choice, why? Because we…
Apply for a loan with Moneypod by following this link- https://money-pod.co.uk/apply/