Sunny loan requirements The app accepts borrowers with both good and bad credit. This means that even if your credit score is not great, you can still apply for a loan.
Introduction
Sunny Loan App is a loan app in the UK that lets people borrow money quickly and easily. If you need money fast, this app can help you get a loan without a lot of steps.
It works well for people who may not have the best credit scores. You can borrow small amounts of money and pay it back over time.
For example, if you borrow £1,000 for 18 months, you will need to pay back £1,853.43 in total. The interest on this loan would be £853.43, and the interest rate is 89.9%.
Depending on your situation, the interest rate could be as low as 9.3% or as high as 1,721%. Loan terms can be as short as 3 months or as long as 36 months, but the final loan terms depend on the lender’s decision.
The application process is quick and simple. When you apply for a loan, the app checks your details, but this check does not affect your credit score.
This means that you can apply for a loan and see if you are eligible without worrying about damaging your credit. If your loan is approved, the money could be sent to you on the same day.
they also gives you a no-obligation quote. This means that you can find out how much you can borrow and what the terms will be without having to accept the loan offer right away.
Every day, over 7,500 people get these free quotes from the app. This lets people see their options before making a decision.
they offers different kinds of loans, such as bad credit loans, short-term loans, payday loans, and quick loans. These options allow you to choose the loan that best fits your needs.
The app is made to help people who need money for a short time and need it quickly.
However, it’s important to know that the interest rates can be very high, so you should think carefully before borrowing. Make sure you can afford to repay the loan so that you do not get into financial trouble later. Sunny Loan App is a helpful tool, but always borrow responsibly.
History and overview
Sur-Vir Finance Limited owns Sunny Loan, a UK loan app that helps people get money quickly. Sur-Vir Finance has been in business since 2019.
Sunny Loan is a trading name of Upward Finance Ltd, which is linked with Flux Funding Limited. Flux Funding is not a lender; they are a credit broker. This means they help connect people with lenders who can give them loans.
Upward Finance Ltd is registered in England and Wales under company number 11365247, and their Financial Registration Number (FRN) is 821471.
They are also licensed by the Information Commissioner’s Office, with registration number ZA480450. Sunny Loan’s office is located at 7 Bell Yard, London, England, WC2A 2JR.
Flux Funding Limited is approved by the Financial Conduct Authority (FCA), with reference number 806333. This means they follow strict rules to make sure everything is done properly and fairly. They are also on the Financial Services Register, so customers know they are dealing with a trusted company.
Upward Finance is a credit broker, not a lender. This means they do not lend money themselves. When you apply for a loan, they help you find a lender.
Upward Finance does not check your credit when you apply. However, the lender they connect you with will do a soft credit search to see if you are eligible for a loan. If you agree to the loan, the lender will do a hard credit check, which can affect your credit score.
In short, they offers quick loans through Upward Finance and Flux Funding, making it easier for people to find loans that fit their needs in a safe and regulated way.
Requirements
Credit score doesn’t matter
The app accepts borrowers with both good and bad credit. This means that even if your credit score is not great, you can still apply for a loan.
The app aims to offer financial solutions to a broad range of people, whether they have a strong credit history or have faced credit challenges in the past.
Uk residents only
To apply for a loan through the app, you must be a resident of the UK. This means you need to live in the UK and have a valid UK address. This requirement ensures that the app can provide loans to individuals who are based in the country and can be reached easily.
Age
To be eligible for a loan through the app, you must be at least 18 years old. This age requirement ensures that you are legally an adult and can enter into a financial agreement.