Sunny provides instalment loans with straightforward pricing. These short term loans put the borrower in control and help with temporary financial hurdles. Sunny guarantees fairness and transparency in all of the financial products offered. Because Sunny is regulated by both the Financial Conduct Authority and the Financial Services Register, consumers can rest assured that they are dealing with a reliable provider of short term instalment loans.
APPLICATION REQUIREMENTS:
Qualification for a loan with Sunny simply requires borrowers to be employed UK residents with a UK bank account. Borrowers need to provide some basic information regarding their employment status, bank account, and place of residence. All of this information can be submitted over the Internet, and applicants will receive a quick response regarding their approval for a loan.
LOAN AMOUNT AND CHARGES:
Loans offered by Sunny are offered in amounts ranging from £100 to £2,500. The loan amount for which an applicant is approved is determined by that applicant’s unique financial situation and ability to repay. These loans will have an interest charge that will never be more than 0.8% per day. With Sunny, there are no additional fees. Loans are made over a fixed term, but borrowers have the option of paying off the loan early so that the overall interest charge is reduced.
PROCESS:
The entire process of applying for a loan with Sunny can be completed in minutes. Applicants simply need to submit an application online and wait for their decision. Once they receive an approval, applicants can wait up to five days to decide if they’re sure they want to go ahead and borrow the money. If they decide to go ahead with the loan, the loan funds will be directly deposited into their bank accounts in under 15 minutes.
PAYMENT:
Borrowers can repay the loan using their debit cards. While they will make a fixed, pre-determined payment each month as described in the original loan agreement, they may opt to make additional payments during their loan term to pay off the loan more quickly. They can even update their payment plan to pay off the loan earlier if they find that they have more money than expected available to pay back the loan. This will lower interest charges over the life of the loan and thereby save borrowers money.
