Sometimes unexpected bills crop up and you find you haven’t got enough funds to cover them. Whether your car has broken down and needs repairs, your household bills have risen or your boiler needs replacing, you may find yourself in need of urgent cash. That’s where a £3500 loan can provide a much-needed boost to your finances.
There’s no guarantee that you’ll be accepted for a £3500 loan, but our panel of lenders do assess applications from people with any type of credit score. As a loans match service, not a direct lender, we can help you find easy application loans that will help you cover urgent expenses.
We want you to be fully informed about your financial options, which is why we’ve made this guide to help you. We’ll look at what a £3500 loan is, how you can apply for one and what the money can be spent on.
What are £3500 loans?
A £3500 loan is a type of short-term loan that can provide you with fast cash before being repaid in several instalments. Key characteristics of a £3500 loan include:
- Online application: easily apply online using our straightforward application form
- Short term loan: Repay the loan over several months to a few years
- Higher interest rates: higher interest rates compared to other types of traditional loans
While a £3500 loan can help you cover urgent expenses, you need to borrow responsibly and ensure you can meet the repayment terms.
Why choose Tendo Loan for a £3500 loan?
We work with a panel of lenders to find you the right loans based on your personal and financial circumstances. Your application for a £3500 loan will be assessed to ensure that you can make the repayments.
Our reliable service operates 24/7 to help match you with lenders that will accept you for a £3500 loan. There’s no fee to use our service and you are under no obligation to accept any quote you are offered.
Can I get a £3500 Loan with Bad Credit?
Many of our lenders consider applicants with less than perfect credit scores. They can offer flexible repayment schedules to help you repay the loan on time and in full. Our lenders typically offer repayment terms of between 3 months and 36 months.
If you feel you are struggling, or may struggle with your loan repayments, we recommend you speak with your lender at the earliest opportunity.
What types of loans are available for borrowing money?
You can apply for several different types of loans through Tendo and our panel of lenders. This includes the following:
- Payday loans: designed to help you financially until your next payday
- Short term loans: repaid over several months or a few years
- Emergency loans: offering you fast access to funds
Can I borrow more than £3500?
You can apply for loans of between £100 and £5000. When you submit your application, your personal and financial information will be assessed to calculate whether you will be able to afford the repayments. If you have a low income or high outgoings, you may not be accepted for a higher loan.
What to do if you’re struggling with debt
While a £3500 loan can help you cover urgent costs, a loan of any amount is a big financial decision. You should contact your lender as soon as you feel you may struggle to make repayments. If you need financial advice or assistance, it’s a good idea to seek help from any of the following services: