Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk.

Representative Example: Rates from 12.9% APR to 1625.5% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Repayment of 17 Months at £87.22 and final repayment of £87.70 The total amount repayable is £1570.44. Interest amounts to £570.44, an annual interest rate of 59.97%. Representative APR: 79.5% (variable).

Quick Loans – Instant Decision, Same Day Transfer – Flexible Amounts Up To £5,000 Today

Omacl.co.uk is a leading, FCA authorised facilitator of quick, flexible loans ranging from £100 – £5,000. All loans are considered cash loans, for any purpose and all feature flexible repayment terms from 1 month through to 36 months (3 years). We specialise in providing quick cash in a hurry. And we make doing so a hassle free process. No phone calls, no paperwork, no hidden fees, or opaque terms. Just a well-established, responsible provider of short term finance.

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Representative Example: Rates from 12.9% APR to 1625.5% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Repayment of 17 Months at £87.22 and final repayment of £87.70 The total amount repayable is £1570.44. Interest amounts to £570.44, an annual interest rate of 59.97%. Representative APR: 79.5% (variable).

We also specialise in helping those who have a less than perfect credit history. And have a high application to acceptance ratio. Particularly in the quick / short term loan product sector.

Understanding The Quick Loans Application Process

Our loan application process has been designed in house with a view of making the entire experience as hassle-free as humanly possible. People that come to us looking for quick and easy loans do not want a lengthy, drawn out process. They need cash urgently, often due to an emergency that has arisen. That is why our instant decision, same day service is highly regarded throughout the UK and why we can boldly claim to be one of the most cherished fast loan providers operating in the sector.

Key Considerations When Borrowing Money

Before you proceed to the application form, there are a handful of considerations to make. Firstly, you must consider how much you’d like to borrow. This might sound somewhat obviously but it is important that you don’t borrow more than you need. Even if it is made available to you by way of an offer and entirely feasible given current your income minus expenditure. This can cause numerous repayment issues further down the line and in addition it will often lead to you wasting the money on things you perhaps don’t need. Or at the very least something that you really shouldn’t be taking on credit to fund…

Secondly, consider the term i.e. how many months or years you’d like to take the loan over. Most online loans are designed to plug a financial hole in the short term and many applicants select a shorter repayment window because of this. However, in some cases it may be better to take the loan over a slightly longer period. This will allow you that extra bit of time to repay it more comfortably without causing issue elsewhere with other repayments you may have. Even if it does end up costing you slightly more money in the long run by way of interest.

quick payday loans

Consider the APR (Annual Percentage Rate)

Finally consider the APR to make sure that the loan is affordable (both now and in future). Often people budget for the borrowed amount solely as opposed to that amount plus interest and fees. You can calculate the APR yourself before applying based on the values from our representative example below. You will also be informed of the APR specific to your agreement on the final stage of the loan application process before you accept. So please review that carefully to make sure it is in line with your expectations. Fortunately, there are no additional fees associated with any of the quick loans offered by Omacl, just interest.

Representative Example: Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).

Omacl’s Quick Loan Application Form

If you have applied for a quick loan before, either via Omacl or elsewhere, you’ll undoubtedly find our application form familiar. We ask only the most basic personal details along with a brief overview of your income and expenditure.

To process your application, we will need: –

  • Your name / address.
  • Your direct contact information e.g. phone number and email address.
  • Details of your income such as source, amount, type, and payment frequency.
  • Details of your monthly expenses such as how much you spend on rent/mortgages + bills etc.
  • Your UK bank account details (so our lenders can setup repayments and transfer the money to you).

Upon submission of the above, it will be instantaneously sent to each lending partner in our network that has suggested they’re willing to lend money to applicants matching your request and criteria. This is a seamless, behind the scenes process, and a decision will be presented to you on screen. Often in under 2 minutes. If you are requesting a small amount of money over a short term, it’s highly likely you will have multiple direct lenders propose a quick loan offer to you. Our system will automatically pick the best option for you based on the data you submitted via your application. You will then be presented with the offer in full form.

payday loan quickly

Quick Loan Qualification and Eligibility

Qualifying for a quick loan via Omacl.co.uk is relatively straight forward. We only have a handful of basic requirements for you to be eligible to apply. You must however meet ALL the requirements to do so. In addition, the loan values on offer are not reflective of your income or affordability. You are free to request whatever sum you desire. However, if our lenders deem such an amount unaffordable, you may be offered a lower amount or different repayment term. You are of course under no obligation to accept this revised offer.

To qualify, you must:

  • Be a full time resident of the UK.
  • Maintain a UK current bank account.
  • Have a regular income/wage. It can be from employment, self-employment, or benefits.
  • Be at least 18 years old.
  • Have a UK postal address and phone number.

Quick Loan Benefits and Common Uses

There are lots of benefits when it comes to quick loans. Most notably they’re typically quick and relatively easy to get approved for. And they are also extremely flexible when it comes to repayments. Below we’ll run through some of the more common example uses our customers have provided when they apply.

Example Uses: –

  • Help with rent/mortgage payments.
  • Bill payments, utility bills, tax etc.
  • Emergency expenses such as a broken down car or medical expense.
  • Food/sundries.
  • Transport costs, buses, trains, taxi’s etc.
  • Consolidation or repayment of existing debts.
  • Avoiding fees or penalties via unauthorised overdrafts or exceeding credit card limits.

Credit Checks and Bad Credit Lending

A large percentage of those looking to borrow money via a quick loan service tend to have a less than perfect credit score. Fortunately, we’re partnered with multiple lenders who consider affordability i.e. the applicant having the funds available to responsibly service a loan to be a bigger factor in determining creditworthiness than a regular, arbitrary credit score. This means that whatever credit score or rating you currently possess, we’re confident in being able to match you to a direct lender who will facilitate your needs.

Do I need to be credit checked?

In short, yes. We do not offer a quick loan without a credit check service and no FCA registered lender or broker should either. Performing a credit check is a mandatory requirement and one that is implemented to protect both the lender and applicant. Our partners perform what is referred to as a soft credit check during the loan application process. Primarily to determine eligibility. This type of search will not leave a lasting record on your overall report. If you are offered a loan and you choose to go ahead and accept it, a full credit search will be performed. The credit search and the terms of the loan will then be recorded.

Low / Poor / Bad Credit Accepted

Omacl boasts an above-average acceptance and approval percentage in part due to its vast lender network and willingness of those lenders to offer quick loans to applicants with bad credit. As mentioned above, our lenders often consider affordability a key factor when it comes to loan approval rather than basing the entire application solely on a credit check result. That isn’t to say that a credit score cannot be beneficial (or detrimental) to your chance of approval. It simply means that it’s not the only consideration. So regardless of your credit score, you’re welcome to apply for a quick loan via Omacl assuming you meet all of the eligibility criteria outlined above.

How Does Omacl Compare?

Omacl Loans
Why Use Us?
How much can I borrow?
Up to £5,000
No hidden fees
Chance of getting approved?
Good
High approval
What are the repayment terms?
1 - 36 Months
No paperwork.
How do I apply?
Apply Online
2 min Application
Do I need to pay back a lump sum?
No
Easy repayments

Omacl Quick Loans – Borrowing Amounts and Transfer Timing

Most of the questions we get asked regarding our service are centred around borrowing amounts, terms, and speed. Notably how quick is quick! This refers to both the time it takes to apply (and get a decision) plus the transfer times required for the funds to safely arrive in the customers bank account. Below we’ll run through the specifics of our service so you can get an idea of how everything works and the estimated timings surrounding each step.

Borrow Flexible Amounts

The flexibility of our service is one of the things our customers love about us the most. We don’t present fixed term or rigid loan offers. When considering which loan to choose, you can select exactly how much you’d like to borrow and for how long specifically. We currently offer loans from £100 right through to £5,000. And you can request any amount in between. The same goes for our repayment terms. You can choose to repay the entire loan back in a single month or take any amount out over 3 years. This is true lending flexibility!

Instant Decision and Fast Transfers

On submission of the application form (assuming you’ve completed it all correctly), your details will be sent to each lender in our brokerage system that can offer quick loans for the amount and term you desire. The lenders who are interested in offering you a loan will let us know the terms of their offer and our system will choose the best match for you. This is an entirely automated process handled by our software. And the entire operation takes around 2 minutes to fully complete. Once this has finished, you’ll receive an instant on screen notification regarding your approval.

On the final step of the quick loan application process, you’ll be given all the details of the loan proposal and the option to accept. If you go ahead, the lender will be notified, and the loan transfer process will begin. This is not an automated process unfortunately and requires a human to action the fund release. Our lenders typically release the funds the same day if you were to apply within regular working hours. If you apply outside of these hours or over the weekend it may be processed on the following working day. Please also consider your banks own processing times also as they can often factor. Particularly if your bank doesn’t subscribe to the UK’s faster payments system or only processes incoming transfers periodically.

Applying for a Quick Loan via Omacl Has MANY Benefits!

If the above hasn’t told you all you need to know about the service, we offer here at Omacl.co.uk, here are some more reasons why we should be your first and only choice when it comes to responsible, short term lending.

  • FCA Regulated / Authorised.
  • Fast, same day transfers.
  • Cash for any purpose. No proof is required.
  • Hassle free – No paperwork, phone calls or additional checks.
  • No guarantor needed.
  • Flexible loan amounts and repayment terms.
  • Bad credit accepted.
  • High approval and acceptance percentage.
  • Partnered with over 20+ direct UK lenders.

Omacl on the FCA Register

Omacl is a registered trading name of Chojin Ltd and is authorised and regulated by the Financial Conduct Authority (FCA). You can view our registration status via reference number 732880.

Free Financial Advice

If you are struggling with debt or are unable to make your loan repayments, please visit the websites below. All of them offer free, impartial advice.