4 Best Personal Finance Apps of 2022


You must have found yourself in a situation where you needed immediate cash in the past.

Many things, including loan applications, have changed due to evolving technology. Long lines to apply for loans are now a thing of the past. 

Getting a loan has never been easier — you only need to visit a lending website, provide your details through an online application form,  and wait for the lender’s feedback. 

Here is a review of the four most popular payday lenders in the United Kingdom:

4 Best Personal Finance Apps of 2022

1. Viva Loans

Viva Loans is an online financial institution that links applicants with low-interest loan providers. The application procedure is done online at vivaloans.co.uk. The process is straightforward, so you’ll get no credit check payday loans in a few minutes. 

The requirements for payday loans are more liberal than regular banks. To be considered for a loan, it is necessary to meet the following standards.

  • You must be a UK resident.
  • Must be at least 18 years old.
  • You must have a valid email address, a bank account, and a functional smartphone.


  • Application and approval are completed quickly.
  • People with poor credit can apply.
  • There are no extra costs.


  • High APR score (49.9%).

2. Loanmr.co.uk

Loanmr.co.uk offers short-term loans, bad credit loans, and monthly loans ranging from £200 to £1,000 with a maximum payback length of 6 months.

You must be a UK resident and have been accepted for the loan through an application process.

Once you’ve been accepted, you can send the cash to your bank account within an hour. The majority of successful candidates get paid by the end of the same day or the next business day.

In accordance with responsible lending, each application will be subject to credit checks and an affordability assessment. High-cost short-term credit loans are unsuitable for persons in financial trouble or long-term borrowing. 

Borrowing for the first time is restricted to £500. Typically, funds are transferred within an hour following approval. We may report late or missed payments to credit reference bureaus, impacting your credit rating and making future loan applications more difficult and expensive.


  • You can use a maximum of 24 months to repay the loan.
  • Jobless individuals can also apply for a loan.
  • You can borrow between £100 and £5000.
  • Online loan applications are typical, and the approval process is usually swift.


  • Late payments might lead to significant financial difficulties.
  • You must have a bank account in the United Kingdom that is active.

3. Tapcredit.co.uk

They are not a lender but rather a credit broker. Your information will be transferred to their partner panels of lenders when you submit your application, as indicated in their privacy policy. After a successful application, their approval procedure takes less than 24 hours.

In addition, they provide a 14-day free sample of their credit report service. If you do not cancel during the trial time, you will be charged a monthly membership price of £29.95 until you do.

After your loan application have been approved, you can have cash in your account in as little as 15 minutes. Please read your loan agreement to see if your bank enables quicker payments.

Not all lending partners provide loans of up to £5,000, and not all applicants will be accepted for the loan amounts they seek. Their loan payback terms differ depending on the lender. Lenders may utilize collection agencies if borrowers do not pay their debts on time.

Season Marketing will not do a credit check; nevertheless, lenders will conduct a soft search when determining your loan eligibility. If you accept a lender’s loan offer, they will do a rigorous credit check on you.

Auto Decisioning enables lenders to choose your mortgage application without requiring human intervention; for more information, please get in touch with your lender or review their privacy policy.


  • Peer-to-peer lending may be available on some websites for persons with bad credit. They could also be more ready to lend less than banks or building societies, which sometimes have a minimum loan amount.
  • If you no longer need the loan, some platforms enable you to pay it off early or make an overpayment with no penalties.
  • Because the process is completed online, it is usually quick and straightforward.
  • You can borrow money for various reasons, including starting a business.


  • If you want your money back during a loan arrangement, you’ll probably have to find a new lender to take on the debt. 
  • If a borrower repays a P2P loan early, the returns can be smaller than planned.

4. Speedylends.com

Speedy Lends is a fee-free broker; you will not be charged fees for using our services. Interest rates will vary depending on the lender that accepts you; if you miss your repayments, the interest rate may increase. You will never repay more than double the amount of the loan.

Payday loans are intended to assist those who require a quick and simple answer and should not be utilized for long-term borrowing. The funds will be deducted following the agreed-upon payback plan in most circumstances. If this fails, you will be contacted to arrange an alternate way.


  • Loans with extended repayment terms are available.
  • The process of application is quick, trustworthy, and easy to use. The 
  • Applicants do not need a guarantor.


  • Interest rates would be expensive if you had a bad credit score.

Bottom Line 

Can’t find a quick financing solution during an emergency? Fortunately, many firms provide payday and short-term loans. The majority of these don’t charge any upfront fees, and what’s more, they even offer early repayment options that save money on interest. 

With 24/7customer service and realistic payback terms, it’s easy to understand why they’re a renowned source of emergency funds. Be sure to contact any lender directly before applying for a loan.

Disclaimer: This article contains sponsored marketing content. It is intended for promotional purposes and should not be considered as an endorsement or recommendation by our website. Readers are encouraged to conduct their own research and exercise their own judgment before making any decisions based on the information provided in this article.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.