up to £750
MyKredit loans are online short term loan lenders offering loans of up to £400 for new customers over 2 to 4 months. Existing customers may be able to borrow up to £1000 on subsequent loans.
About MyKredit Loans
MyKredit loans are online short term loan lenders offering loans of up to £400 for new customers over 2 to 4 months. Existing customers may be able to borrow up to £1000 on subsequent loans. The have variable interest rates depending on the loan amount and the repayment terms approved.
Representative Example: £200 repaid in 4 months. Four repayments of £80.95. Interest rate 273% pa (fixed). Representative 1081% APR. (Min APR 859%, Max APR 2430%)
How quickly do I get my loan?
You can apply for a MyKredit loan 24 hours a day, 7 days a week on their website. Once your loan has been approved they will send your loan to your bank account via Faster Payments free of charge, usually within 15 minutes of your loan request. Once you have registered and been approved for your first loan, you can request further loans (only 1 loan per customer at any time) by simply logging into your account.
How do I repay my loan?
Before a payment is taken, MyKredit loans will send you a reminder to let you know how much they are going to collect this will be by SMS text and email. Loan repayments are taken straight from your debit card on your agreed repayment date. It is important to make sure there are enough funds in your account to cover all repayments.
What happens if I miss payments?
If you are unable to make a payment or feel that you may not have the money in your account for them to collect, you should contact MyKredit customer care team on 0203 813 8485 immediately. MyKredit may charge you up to £10 for missing a payment. If you are experiencing difficulties in repaying your loan, you can speak to the MyKredit friendly and caring customer service team who will work with you to get the loan settled. It is important to realise that missed payments can leave a negative footprint on your credit score and can affect future loan applications. Please endeavour to make sure your make payments regular and on time. MyKredit is one of the lowest charges for missed payments found with online lenders.
Loan Qualification Criteria
- You must be over 18 years of age to apply
- You must own a mobile phone
- You must have a bank account with a debit card and online banking
- You must be a UK resident
- You must be able to afford the loan
- MyKredit are part Global Kapital Group Alternative Finance
- MyKredit are authorised and regulated by the Financial Conduct Authority
0203 813 8485 firstname.lastname@example.org mykredit.com
Please be aware: Defaulting on your loan will negatively impact your credit rating! Late repayment can cause you serious money problems please be sure you can take on a loan. For facts on borrowing and advice we would recommend the following unbiased organisations: