How it works
Our Loan Process
Getting a loan with Pera Loans is simple and easy. Pera loans provide loans with up to 6 instalments and smaller, more manageable repayments. Applying online for a loan is hassle-free and with complete transparency.
You do not need the perfect credit score when applying for a loan with us. We believe in giving everyone fair access to short-term credit. When you apply for a loan with us, we look beyond your credit score and consider your overall affordability. Apply today with Pera Loans and get an instant decision. If you have any questions whilst completing your application, call us on 0203 397 1744 / 07946 220135 or email us at firstname.lastname@example.org.
A step-by-step guide to how Pera Loans works
How much can I borrow?
Our Loan Process
At Pera Loans, you can borrow from £400 to £2000. As a short term direct lender, you can repay your loan in up to 6 monthly instalments (or up to 26 weeks). We encourage our customers to repay the loan as soon as they can to help them save on interest.
|£400 – £550||3 months (13 weeks)|
|£600 – £650||3-4 months (13-17 weeks)|
|£700 – £750||3-5 months (13-21 weeks)|
|£800 – £1200||3 months (13 weeks)|
|£1300 – £1700||4-6 months (17-26 weeks)|
|£1800 – £2000||5-6 months (21-26 weeks)|
These terms are without our Easy-Start feature enabled. Selecting ‘Easy-Start’ on the application form will allow you to add an extra month (or week) to repay your loan without adding any additional interest.
Remember: All loans from Pera Loans can be paid early at any time with no penalty.
Application help FAQs
Here is a selection of FAQs from real customers like you!
Pera Loan’s new ‘Easy Start’ Feature
We have introduced our Easy-start feature to help make our loans more affordable and manageable. By selecting “Easy Start” on your application, you will get to pay less in your first instalment, allowing you more time to get back on your feet. You will also get an extra month (or week) to repay your loan. It’s important to note that we will not charge any additional interest for choosing the “Easy Start” option.
FAQs about ‘Easy Start’
- You must hold a valid UK bank account that accepts direct debit.
- You must be 23 or over to apply.
- You must be a resident and be eligible to work in the United Kingdom
- You must be employed and receive a regular salary.
- Your salary must be paid directly into your bank account.