Sunny Loan

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Author: Internal 

Editor: We asked some of our staff to research other lenders and write an article about them. The information in this article came from publically available sources as was available at the time the article was researched. Readers shoudl be aware that this article does not contain 'insider knowledge' of the company researched and that they policies and processes may have since changed.

Finding sources for the instant financial help and to avoid further financial issues is crucial, and there needs to be a precise and easy way to recover from the situation. A Sunny Loan is a possible answer to the situation where you don’t have any freinds or family to ask for help.  It is a short term loan agency which provides credit to to those in need; however this agency does looks into some important aspects before agreeing to a loan.

Going for short term loans is not something that is advised until or unless there are no other possible routes to handle the case. Short term loans do have their own benefits and when in real urgent circumstances, they can be helpful to some borrowers. Sunny Loan has always supported the needs of its clients and understands their problems very well. And so if someone needs to get a short term loan, there are some things that are important to keep in mind.


How Sunny Loan Works

Getting a short term loan is not so easy and there are many guidelines which have to be followed. Sunny Loan feels responsibility to help the borrower in deciding the right amount for short term credit.  The agency has its own specifically laid out protocols for short term loans and is very serious to follow them. There company ensures that every application is assessed in a proper manner deciding.  After getting through the eligibility checks, here are some useful facts that will help in analyzing the benefits of choosing Sunny Loans.

The minimum eligibility for any individual borrower is to be the resident of UK.  The borrower should not be less than 18 years of age and should have a fixed regular job. The lender doesn’t give credit to the self-employed borrowers so as to avoid any problems during the repayment.  The minimum income of the borrower should be at least £400 a month. The borrower has to show his employment details and is compulsory to have a valid debit card. The company believes that it is better to do a precise look out before getting into any decision.

How is Sunny Loan different form other pay day lending companies?

Unlike some other short term credit offering agency, Sunny Loan is not behind strict penalties. There are no fines or extra payments as the company doesn’t believe in penalising the borrowers. There are many supportive elements that a borrower can discover after the loan application is accepted. The pricing and the interests applicable on the short term loan are simple and the way they are charged is very transparent. It is the upmost priority of the company to provide full support to its clients as it believes that the loans are there to make their financial status better. As soon as the borrower gets his loan application approved, the loan will be credited to his account that day.

The benefits of taking short term credit from Sunny Loans are many. There are no hidden charges and client won’t have to pay any extra fee, except the interest charges.  The lender also doesn’t take any processing fee or admin fee for the maintenance of the loan details.

Sunny Loan believes in the strong future of its clients. It doesn’t want its customers to be in debt for long and that is why it charges zero fines on missed payments. If the borrower has extra money saved for the month, then he or she can pay extra which will reduce the overall cost of the loan.

5 day – Zero Cost

This means that in case the borrower changes their mind about having the loan, then it can be returned within 5 days, and the company will not take any interest on it, which makes it easy for the client. Sunny loan has planned to put every effort for making the life of the client much easier and happier.

The Sunny Loan works under the regulations of the Financial Conduct Authority FCA. The only revenue for the agency lies in the interest paid by the customer as it doesn’t take any other form of charges from its borrowers.