Warning: Late repayment can cause serious money problems. For help, visit moneyadviceservice.org.uk
Warning: Late repayment can cause serious money problems. For help, visit moneyadviceservice.org.uk



Looking to apply online but don’t know where to start?

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FAQ’s

Are you thinking of applying for a Light Loans  but don’t know where to start? Take a look at our most frequently asked questions to help guide you through the loan application process. When it comes to payday loans we like to make things as simple as possible, our FAQ’s will help clear up any queries or questions that you may have when it comes to applying with us.

If you are still unsure about how to use our online loans service or want to know more about what you can expect from us, you can contact our customer service team directly who will be more than happy to guide you through every step of the way.

Email the team directly at help@lightloans.co.uk

  • How much can I borrow?

    You can borrow between £100 and £2000

  • How long can I borrow for?

    You can borrow funds between 7 and 90 days

  • Am I eligible to apply?

    You must be aged 18 years or older, be a UK resident, have an active bank account in which you will receive your funds and have a regular source of income.

  • How do I apply for a loan?

    Please fill in our 3 minute online application form – You will then receive an instant decision.

  • When will I receive my loan?

    If approved you will receive the funds in your account on the very same day or the next working day.

  • How will I receive my loan?

    The funds will be transferred into your account via electronic bank transfer.

  • What can I use my loan for?

    You may use the money however you wish, although we are interested in the main reason that you may need additional funds.

  • Will you check my Credit Score?

    We will not carry out any credit checks during the application process. The lender that you are referred to may choose to do so. You should always read the Lender’s term before proceeding with any loan agreement.

  • How can I pay my loan back?

    In most cases a payday loan repayment date will be agreed between you and the lender and the amount will be automatically debited from your account on the agreed date. All you have to do is ensure that you have the funds in your account on the agreed date in order to pay back your loan.

  • Who is lightloans.co.uk?

    Light Loans provide a completely free to use online service which allows you to apply for a loan using the Monevo lending platform. The Monevo lending platform will search their panel of UK based lenders and introduce you to a lender that can best match your application and give you the funds that you need if your application is successful.

Why Choose Light Loans?

5 Minute Online Application Form
5 Minute Online Application Form
Cash Transferred in 15 Minutes
Cash Transferred in 15 Minutes**
Instant Decision Online
Instant Decision Online
No Hidden Fees or Charges
No Hidden Fees or Charges
All credit histories welcome
All credit histories welcome
Safe and Secure way to Apply
Safe and Secure way to Apply
5 Minute Online Application Form

5 Minute Online Application Form
Cash Transferred in 15 Minutes

Cash Transferred in 15 Minutes**
Instant Decision Online

Instant Decision Online
No Hidden Fees or Charges

No Hidden Fees or Charges
All credit histories welcome

All credit histories welcome
Safe and Secure way to Apply

Safe and Secure way to Apply