30 June 2020

Unexpected expenses can appear quickly and from out of nowhere. These could be all manner of things; from your car suddenly breaking down and needing expensive repairs, to boilers breaking down at the worst possible time, or even unexpected medical expenses.

These surprise costs often cause problems that need quick solutions - which is where our quick and easy loans can come in handy. In the following article we will outline how you can get a loan quick and easy with buffa.

1. Are you applicable for a loan?

The first step to taking out a loan quick and easy with Buffa is by far the simplest: determining whether or not you are applicable for a loan. While we do keep our loan application process simple, with few barriers to applying (for example, we do not discriminate against applicants with bad credit scores - and even offer bad credit loans), you do need to fulfill some basic criteria in order to apply. Firstly, you need to be a UK resident over the age of 18, and you also need to have a regular income and access to a UK bank account in your own name, with a debit card facility associated to the account.

2. Decide how much money you need to borrow

Different problems will have different expenses needed to cover them, so before you apply for a loan you should work out how much money you’ll need to borrow. The average cost of car repairs stands at around £500-£600, and with Buffa you can borrow up to a maximum of £1,000 (to be repaid in monthly installments of your choosing over a maximum period of 6-months).

3. Prepare for your Application

The next step you’ll need to take is to gather up all the information that will be required for making an application for one of our loans. This will include things like all of your contact details, your income, further bank details and other expenses you might have. Since we are a Direct Lender, this information will stay between you and us and will not be passed on to any other 3rd parties. You can learn more about our Direct Lender loans here, and you can also learn more about the differences between direct lenders and brokers here.

4. Apply Online

After that you’ll need to complete our simple online loan application, where you will need to input the previous information you’ve gathered such as your bank details, etc. Everything is taken care of in our online application form, making the process as quick and hassle free as possible, and you can expect to hear back from us with an initial decision within as little as 1 minute of your application.

5. Instant Decision

The beauty of a buffa loan is that we can review your application straight away and give you an indicative decision within approximately a minute of you submitting your application. You’ll know almost immediately whether your application has been successful or not, and why. We treat each application individually, so there’s no need to worry if you, for example, have a bad credit score – and we only approve loans when we feel the customer is in a suitable place financially to afford to keep up with all of the repayments.

That concludes this short blog article on how you can get a loan quick and easy with Buffa. We like to keep the application process short, simple, and transparent, with no hidden or surprise checks and no unnecessary barriers – our aim is to allow you to get your money quickly to deal with whatever it is that you need it for. You can learn more about our Easy Loans here, and if you’re in need of any financial guidance, you can read our Debt Advice Hub, with information on How to Budget, How to Prepare for Debt Advice and more.

Representative APR: 1,120%