Borrow £300

Find a range of different loan options to borrow £300 with. Forces Compare can help you find loans suited to your circumstances, with bad credit and no guarantor options also available.

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Need to borrow £300?

While many choose to use savings or borrow off someone close to them, these aren’t always the best options for those in certain circumstances.

If you need to borrow a loan of £300, Forces Compare can help. Explore suitable loan options for you from direct lenders. Simply click “Get Started” and fill in an online application. You can fill in your details in just under 5 minutes, with no impact to your credit score and no upfront fees.

Key Features

  • Borrow £300.
  • Early repayments available.
  • Borrow a loan with no guarantor necessary.
  • No impact to your credit score.
  • No upfront fees.

Representative Example: If you borrow £550 over 6 months at a flat rate of 207.6% per annum (fixed) with a representative 1013.3% APR you will make 6 monthly payments of £186.82, repaying £1120.90 in total. Loan term lengths from 1 to 60 months.

Warning: Late repayment can cause you serious money problems. For help, go to

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Can I Borrow a £300 Loan?

Yes, there are a number of lenders who will allow you to borrow £300 with them. When considering a loan, it’s important to work out how long you would like the loan for, as well as how much you can afford – this will help you to determine the types of loans right for you and your financial situation.

It’s also good to compare different £300 loans, rather than settling for the first one you come across. By exploring your options, you can increase your chances of finding better deals more suited to your personal circumstances.

Forces Compare can help you to compare loan options, simply click one of the “Get Started” buttons on this page and you’ll be taken to an online application form. This form takes minutes to fill out, and once complete will provide you with a range of different suitable loan options to explore.

What Can I Use a £300 Loan For?

People take out £300 loans for a number of reasons. One of the most popular scenarios people borrow £300 loans for is to pay for unexpected cash emergencies, such as a broken boiler or car repairs.

These unexpected emergencies are unfortunately a part of life, and can be difficult to prepare for. Borrowing £300 from a direct lender can be a good option to consider in such emergencies, providing you with the money you need, when you need it.

Although unexpected emergencies are a common reason to take out a £300 loan, they’re not the only reason driving borrowers. £300 loans can also be taken out to help pay for certain expenses whilst waiting for pay day, for certain types of home improvements, or to consolidate debt. See also payday loans that offer money online.

Whatever your reason for wanting to borrow £300, it’s vital that you carefully consider all available options, and be confident in your decision that taking out a loan is the best move for your situation.

Why Borrow £300 With a Direct Lender?

Borrowing a loan with a direct lender can be good for numerous different reasons. Although many may decide to borrow £300 through alternative means, depending on your circumstances, taking out a loan with a direct lender may be the most suitable option.

Using a direct lender can simplify the overall lending experience. As the name suggests, direct lenders will deal with borrowers directly, assessing the application and providing successful applicants with the funds themselves. Borrowing from a direct lender also means your details won’t be shared around with middle men, which can make you feel more secure when handing over sensitive information.

How to Apply for a £300 Loan

When applying for a £300 loan, you’ll have to provide a few personal details. While the information required can vary depending on the lender you go for as well as the loan type, some of the main details required in loan applications include the following:

  • Your name.
  • Your date of birth.
  • The amount you wish to borrow (for example, £300).
  • The length of time you wish to borrow the loan for.
  • Your address.
  • Your contact details.
  • Your bank details.
  • Employment status (as well as income).
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What Are the Eligibility Criteria?

The eligibility criteria for a £300 loan with depend upon the loan type as well as the lender you choose to go with. Some of the most common requirements lenders may want to see from applicants include:

  • Being aged 18 or over.
  • Being a UK resident.
  • Owning a current account.
  • Proof of stable employment and income.
  • A good credit score (although bad credit loans may be available).

While those listed above are some of the most common criteria applicants may have to meet, additional requirements may apply. For example, those applying for a guarantor loan will have to have a guarantor and provide the necessary details for that guarantor to the lender. Similarly, those applying for a secured loan will have to provide details about the valuable asset they wish to use as collateral, including proof of income and the value of the asset.

Why Apply With Forces Compare?

Forces Compare strives to help its customers access insurance and finance options best suited to their needs and personal circumstances. We were originally set up to help those in the armed forces, who, due to their unique lifestyle, often found it challenging to get the best deals on insurance options with providers. However, anyone can use our services to explore insurance and loan options.

Our partner works with direct lenders, helping customers to find simple, suitable loan options for those in need of temporary funds. Click the “Get Started” button to begin your online application today.

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