What is a Christmas Loan?
This is a personal loan that is often taken out to fund the season of celebrations – Christmas.
Being an unsecured form of a loan, it doesn’t require a borrower to provide an asset or
any other item of value as collateral. It doesn’t even involve a guarantor in the whole
process of availing a loan.
Most of us fail to save for Christmas every year. And to get you through this festive period,
a personal
loan for Christmas in the UK may prove to be of great
help. A borrower may spread the cost of the expenses over a period as this credit product allows
the borrower to choose the repayment tenure – which may last up to a year.
Loans for Christmas in the United Kingdom
We, at Oyster Loan, understand that a bad credit score may be a result of an individual’s
personal circumstances. Nobody likes to have stains on their credit reports. Our trusted panel
of lenders who are licensed by the financial regulator of the UK, the Financial Conduct
Authority (FCA) offers Christmas loans even to people with not so good credit score.
Please note that the lenders conduct a soft credit check to evaluate your loan eligibility to
make their decision. The amount you receive in your bank account by the lender, if the loan is
approved – you may use the money for any purpose. You may spend that money on buying Christmas
presents, the decorations, for your parties or to fix your boiler or to upgrade the comforts of
your home. There is no restriction on the usage of this kind of credit products.
No Guarantor Christmas Loans Available Online on Oyster Loan
When people think of availing a personal loan for Christmas, they often tend to seek for a
guarantor who will vouch for them. However, Oyster Loan deals with lenders who offer
loans for Christmas without a guarantor. That means you do not need to find a
co-signor to avail a personal loan with us. Make the day remarkable and create timeless memories
with your friends and family by hosting the dinner party or surprising them with presents and
gifts. The choice
is yours!
Advantages of Online Christmas Loans
Christmas is expensive if you consider all the associated expenses that one has to take care of
during the festive season. The expenses make it a stressful Christmas taking away our chance to
earn a good time with our loved ones. But if funds are holding you back, these handy loans are a
resolute solution for your financial troubles. We’ve listed down a few advantages of this
loan that you should keep in account while borrowing money to benefit yourself:
- Flexible The loans are quite flexible in terms of repayment. A borrower may
spread the entire cost over a period of 1 year. This allows the borrower to plan and manage
the repayment in monthly instalments efficiently.
- Easy The process involved in availing a short-term loan is
comparatively easier. An applicant does not have to face many hassles. One easy and simple
application form needs to be filled by the potential borrower and submit it online.
- Minimal Documentation Availing a Christmas Loan doesn’t require much
paperwork or standing in queues. You may submit all the documents that are needed by the
lender online to facilitate the process.
- Instant - Same day Christmas Loans The decision of the lender
doesn’t take much time. It is displayed on the screen after a borrower submits the
form and the lenders perform the verification.
- No Upfront Fees Oyster Loan doesn’t charge any upfront fees. Hence,
if you are thinking of applying for a loan with us, you do not have to pay any upfront fees
or hidden fees.
How to Apply for a Christmas Loan Online at Oyster Loan?
Easy. Simple. Fast. That is how you apply for an Online Loan for christmas with
Oyster Loan. With a quick and easy application that only takes 3 minutes to be filled, the cash
could be in your account within minutes, if approved.
- Apply Online Complete the online application form with details such as loan
amount, repayment tenure, your purpose, name, email address, contact number, date of birth,
current residential address, nationality, pay frequency, net monthly income, bank account
details, etc.,
- Decision Once you submit the form online, the lenders will run checks to
verify the information provided in the form. Make sure all the information that you’ve
provided are correct. The decision will be displayed on the screen within minutes.
- Get Cash If the lender approves your loan application, the money will be
disbursed by the lender within minutes to your bank account.
The process of loan application is the same for people borrowing Christmas Loans with Poor
Credit.
Make Merry During the Festive Season– With Oyster Loan
Oyster Loan is an FCA licensed credit broker and hence, deals only with FCA registered lenders
across the major cities of the UK. We believe that Christmas is fun
and everyone should have the time of their life. Lack of funds may often create
financial chaos, however, with a short-term loan, and a completely devised and planned repayment
strategy, your Christmas is sorted.
Put that turkey in the oven and get ready with your camera to capture all the good moments. All
you have to take care of is the repayments. If you fail to make the repayments, your credit
score may be severely damaged and you may face troubles while borrowing money in the future.
Your credit score is considered as one of the major aspects of your financial life.
We promote responsible borrowing and lending and thus we request you to borrow responsibly, spend
wisely, and repay timely!