Short term loans from £100 - £750
When unexpected bills or extra costs come your way, a short term loan may be just the thing you need to help you manage your finances with ease.
At buffa, we believe that a short term loan is exactly that, short term. We know that you don’t want repayments hanging over your head for years to come, so our small short term loans can be paid back in as little as a week. That’s the beauty of a quick short term loan, it can be your safety net when you need it. The flexibility of early or scheduled repayments means you’re in full control of how you manage your loan - right from the moment we approve your application and transfer the money into your account.
An instant short term loan is ideal for anyone who finds themselves needing a bit of extra help, or increased funds before their next payday, but is looking for an alternative to a payday loan.
Because we look at each application on an individual basis, you might find we can help you with a short term loan, even if you have a poor or impaired credit rating, have limited access to other forms of credit or you’re just keen to get a bill paid to avoid paying fees, penalties or overdraft charges. All of our applicants are considered individually, with their individual circumstances and the affordability of our loans for them taken into account.
At buffa, we are a responsible short term loan direct lender, so we keep the process completely transparent. You’ll always know exactly how much you have to pay back, and when you have to pay it. We’re a black and white brand for a reason – we believe in keeping things clear, simple and transparent for our customers. We are here to help you understand your borrowing and finance options better. Take a look at our Debt Advice Hub or learn more about our Annual Percentage Rate in our 'APR Explained' article here.
How to apply for a short term loan
Short terms loan FAQs
Got a question about our short term loan service? Take a look at our FAQ section below. If you can’t find the answer to your question, please get in touch with one of our friendly UK based team today and we'll see if we can help.
A short term loan is something people get when they need a relatively small amount of money in a hurry. The loan amount can be anywhere from £100 to £750 and unlike other, long term loans such as mortgages or car finance, a small short term loan is paid back in a short space of time. This can be anywhere from one week to six months, depending on what the borrower who has taken out the loan can afford, and how long they prefer to take to allow themselves time to make a full repayment of the loan.
To get a short term loan, you will need particular information, including the amount of money you want to borrow, how long it will take you to pay back the loan, your personal contact details, income and expenses as well as your bank details. You can apply for your short term loan online and once approved, we transfer the money into your bank account (usually within as little as 5-minutes).
A short term loan from buffa can last anywhere from between three and six months. The length of the loan depends entirely on how much the borrower can afford to pay back. They can choose to pay the loan back in monthly instalments, with the added flexibility of making early repayments or overpayments on scheduled pay-dates if their financial situation allows them to.
A short term cash loan can be used for many things. It might be that you’ve been hit by an unexpected cost – such as a bill from the garage, emergency medical treatment or essential boiler repairs. Unfortunately, life can be full of nasty surprises, but responsible short term loan lenders like buffa are here to help you through those difficult situations.
Typically, taking out a short term cash loan will not negatively affect your credit rating – as long as it is repaid in full and on time. It’s important to remember, however, that various credit reference agencies and lenders will work out your rating in different ways, and there may be some who see short term loans in a less favourable light.
Rest assured that with buffa, simply applying for a quick short term loan will not affect your credit score, and neither will the instant decision we provide.
Yes, applying for and ultimately taking out a short term loan which is then repaid on time can have a positive impact on your overall credit rating. By making regular and on-time payments against your short term loan with us you will be making positive steps towards improving an impaired or limited credit profile.
Remember that at buffa, upon receipt of your fully completed application, we will provide you with an indicative decision, which will leave no initial record viewable by other lenders on your credit file. Please note, should you choose to proceed with a loan offer from us, a record of this loan and your subsequent repayments will be recorded on your credit file.
The good news is that you could still be eligible for a short term cash loan, even if your credit history is less than ideal. To apply, you’ll need to let us know how much you want to borrow and how long you need to pay it back. We’ll also need to know your incomings and outgoings, as well as your personal details and bank account information. Once we have all of that, you’ll get an instant decision on whether you’ve been approved.
You can use our loan calculator tool to work out your short term loan repayments. Simply choose the amount you want to borrow and how long you would need to pay it back. Your repayments will include a Representative % APR – In plain English, that means that if you borrow £230 from us over four months, your total to repay, including interest charges, will be £372.32.
Why choose buffa for short term loans?
An instant short term loan decision
We won’t leave you waiting to find out whether you qualify for a short term loan from us. Get an instant, indicative decision to advise whether we accept, reject or need to conduct further checks relating to your online application.
No impact on your credit score
Complete your buffa short term loan application safe in the knowledge that it will not impact your credit score. We’ll give you an initial decision with absolutely no obligation on your part and with no impact on your credit score.
Transparency with no hidden fees
We pride ourselves on being upfront and honest about our short term loans, so you’ll know exactly what you’re expected to pay back and by when before you agree to take the loan. When we say no fees, we mean it. No late repayment fees, no short term loan arrangement fees and no hidden charges. Ever.
Flexible repayment options
Because our quick short term loans are fully flexible and designed to suit your individual circumstances, you can repay at any time. So, if you want to make early repayments or overpayments against your short term loan to make savings on the overall interest charges, that’s just fine. Or if you prefer the certainty of knowing how much you need to repay each time, on a fixed repayment date each month, that’s just fine too. It’s your short term loan so you can repay your way.
Bad or impaired credit considered
We strongly believe that nobody should be held back from leading their life by a bad or impaired credit history. We will consider all small short term loan applications on their own merits and will always do our best to provide you with a loan, regardless of your credit history.
Money paid in minutes
Need an instant short term loan? Once approved, money will be transferred to your account within a matter of minutes. No delays or questions, just quick and simple access to your money.