We here at Sunny Loans UK understand that everyone has different financial circumstances. If you want to take out a quick loan where you can get the results in the same day.

Which Banks Offer 24 Hour Loans

But if you’re not sure where to go to get one, we recommend contacting your own bank. Here’s everywhere where you could possibly get a loan within the same day.

HSBC 

If you have a current account with HSBC, you should be able to get a credit decision on your loan instantly. If you’re approved, you will get the money into your bank account instantly.

All you need to do is have an annual income of £10,000 or more, and be a resident of the United Kingdom over the age of 18.

However, if you’re not a HSBC current account holder, you will need to wait for a credit decision to arrive within 2 to 5 working days.

Due to this, non-HSBC customers won’t receive their loan until three days after the agreement has been signed. 

Lloyds Bank

If you want a loan with Lloyds Bank, you will need to apply and be approved between 9 AM and 8:30 PM, or you will receive your funds at 9 AM the next working day.

If you want to apply for a loan with Lloyds, you need to be a UK resident who is 18 years or older, and you need to have had a Lloyds Bank current account for a minimum of one month.

They also need you to have a regular income, and full-time students are not eligible. If you have a history of bad credit, then you also won’t be eligible. 

NatWest

If you want to apply for a personal loan with NatWest, you could receive your funds on the same day if you apply on their banking app.

However, this may take longer depending on your details.

When you apply, they will need you to have your details handy, your address for the last three years, your income, and your employment details.

You also need to have had a NatWest current account for a minimum of three months, and you can not have been declared bankrupt or recently applied for a loan with them. 

Barclays

Depending on the time of day you apply and when you sign your agreement and get approved, you could receive your loan within a few minutes.

If your agreement is signed between 5 AM and 10:30 PM, you should receive your loan on that day, but after 10:30 PM, it should arrive the next working day.

To apply, you need to have a Barclays current account or a Barclaycard account, and be a UK resident who is 18 years of age or older. 

Nationwide

If you have a Nationwide current account, you could receive your funds within two hours of being accepted for your personal loan.

To apply, you need to have a monthly income of £700 after tax, between the ages of 18 and 79, and you need to be a permanent UK resident.

If you’re not a member of Nationwide, then you will not be eligible. To ensure you’re eligible, you need to be a member with either a current account, mortgage, or savings account. 

TSB

To receive your funds for a loan from TSB on the same day, you need to have had a current account with them for over three months.

However, you will also need to apply and be approved before 6 PM. To apply, you need to be a permanent UK resident and be over the age of 18.

However, that doesn’t mean you can’t apply if you haven’t had a TSB current account for the minimum timeframe, but you will have to apply in a branch.

If you are over 21, you can apply online. Keep in mind that if you aren’t a member of TSB, it may take longer to be accepted.

Virgin Money

If you want to apply for a personal loan with Virgin Money, you’ll need to be registered for mobile banking as you need to apply on their app.

If you have a poor credit history, you may not be eligible.

Which Banks Offer 24 Hour Loans (1)

If you want to apply, you need to be over the age of 18 and a permanent resident who hasn’t applied for a loan with Virgin within three months.

Virgin will only consider those who have current accounts with Clydesdale Bank, Yorkshire Bank, or B customers.

Usually, you will receive your funds within two hours of approval, or by the end of the next working day.

Sainsbury’s Bank

You could get accepted for a personal loan from Sainsbury’s Bank and receive your funds in as little as two hours.

To apply with Sainsbury’s Bank, you will need to be between the ages of 18 and 80 years old, and you need to be under the age of 83 by the time the loan is due to be repaid.

You need to have a UK-based bank account that can accept direct debits, and be a permanent UK resident.

You should be in paid employment or retired, with a gross annual income above £7,500 and a good credit history.

Tesco Bank

Tesco Bank loans can be paid into your bank account on the same day you apply, depending on the outcome of your application.

To apply, you need to be 18 years old or over and you need to be a UK resident.

When applying, they’ll ask you about your circumstances, such as your employment and your income, and they will also run a credit check on you.

However, if they require more information, they may take over 24 hours to decide. 

What Should You Consider When Applying For A Loan?

We here at Sunny Loans UK are strong advocates of responsible lending. If you want to apply for a loan, we recommend that you do your research and see if you’re eligible before you apply.

Being rejected for a loan can have negative consequences for your credit score. We recommend that you don’t take out a loan unless you are absolutely positive that you can afford it. 

You should always be completely transparent with your lenders about what you can afford to pay. If you struggle to make repayments, we suggest contacting your lender immediately for help.

If you are ineligible for a loan, we recommend doing what you can to improve your credit score, with some companies having credit cards for those with poor or no credit.

These accounts are perfect for building your credit and providing financial assistance when you need it most.

Final Thoughts

If you’re looking for a same day loan, then we recommend checking with your local bank to see whether you’re eligible.

We understand that you might need money quickly, but we don’t encourage you to apply recklessly. We at Sunny Loans UK recommend that you apply responsibly with an approved lender.

If you want to apply for a loan, ensure you can pay it back within the time frame, and if you can’t pay it back, always keep your lender informed.

With our advice, we hope you find a loan that fits your needs.

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