{"id":94,"date":"2019-09-05T03:31:39","date_gmt":"2019-09-05T07:31:39","guid":{"rendered":"https:\/\/learnbonds.com\/?page_id=147243"},"modified":"2024-04-29T11:01:56","modified_gmt":"2024-04-29T11:01:56","slug":"loans-swift-money-review","status":"publish","type":"page","link":"https:\/\/learnbonds.com\/uk\/payday-loans\/swift-money-review","title":{"rendered":"Swift Money Loan Review 2021 &#8211; Fast Funds in 10 Minutes!"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignright wp-image-147244 size-full\" src=\"https:\/\/learnbonds.com\/wp-content\/uploads\/2019\/09\/swift_money_logo_250_2501.png\" alt=\"Swift Money lending company logo\" width=\"250\" height=\"250\" \/>Financial emergencies often arise when we least expect, and at times, accessing credit facilities is not as easy as it may sound. Short term <a href=\"https:\/\/learnbonds.com\/loans\">loan<\/a> providers like Swift Money seek to rescue applicants out of such situations. But are they lenders for you?<\/p>\n<p>Before signing up for one of these loans, it would be wise to find out all you can about the provider. To help you along, we have carried out a thorough analysis of the platform\u2019s features and services.<\/p>\n<p>Read on to find out all you need to know about Swift Money and make the right decision.<\/p>\n<div data-accordeon class=\"toc-block\">\n  <div data-accordeon-item>\n    <div data-accordeon-title class=\"toc-title-wrapper\">\n      <div type=\"button\" class=\"toc-btn toc-btn_main\">\n          <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#fff\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/div>\n      <span class=\"toc-title\">\n        In This Guide      <\/span>\n    <\/div>\n      <ul data-accordeon-content class=\"toc-list\" style=\"display: none;\">\n          <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_is_swift_money\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What is Swift Money?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#pros_and_cons_of_a_swift_money_loan\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Pros and Cons of a Swift Money Loan<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item subList-in-progress\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#how_does_a_swift_money_loan_work\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">How does a Swift Money loan work?<\/a>\n\n          <button data-accordeon-title class=\"toc-btn\" type=\"button\">\n        <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#060606\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/button>\n        <\/div>\n\n      <ol data-accordeon-content class=\"StepProgress-sub-list\" style=\"display: none;\" id=\"TOC1sublist-how_does_a_swift_money_loan_work\">\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#online_loan_application\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Online loan application<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#fast_funds_disbursement_option\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Fast funds disbursement option<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#repayment\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Repayment<\/a>\n          <\/li>\n          <\/ol>\n  <\/div>\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_loan_products_does_swift_money_offer\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What loan products does Swift Money offer?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item subList-in-progress\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#swift_money_account_creation_and_borrowing_process\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Swift Money Account Creation and Borrowing Process<\/a>\n\n          <button data-accordeon-title class=\"toc-btn\" type=\"button\">\n        <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#060606\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/button>\n        <\/div>\n\n      <ol data-accordeon-content class=\"StepProgress-sub-list\" style=\"display: none;\" id=\"TOC1sublist-swift_money_account_creation_and_borrowing_process\">\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#1_select_the_amount_you_want_between_100_and_1000\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">1. Select the amount you want, between \u00a3100 and \u00a31,000.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#2_next_click_on_apply_now_to_start_the_actual_application_process\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">2. Next, click on \u201cApply Now\u201d to start the actual application process.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#3_next_enter_your_personal_details_starting_with_your_name_email_address_home_phone_mobile_phone_date_of_birth_marital_status_and_number_of_dependents_if_any\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">3. Next, enter your personal details starting with your name, email address, home phone, mobile phone, date of birth, marital status and number of dependents if any.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#4_provide_your_address_details_and_then_proceed_to_the_employment_details_section\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">4. Provide your address details and then proceed to the employment details section.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#5_the_final_section_of_the_application_form_requires_information_about_your_finance_details\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">5. The final section of the application form requires information about your finance details.<\/a>\n          <\/li>\n          <\/ol>\n  <\/div>\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#eligibility_criteria_for_swift_money_loan\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Eligibility Criteria for Swift Money Loan<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#information_borrowers_need_to_provide_to_get_swift_money_loan\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Information Borrowers Need to Provide to Get Swift Money Loan<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_are_swift_money_loan_borrowing_costs\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What are Swift Money loan borrowing costs?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#swift_money_customer_support\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Swift Money Customer Support<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#is_it_safe_to_borrow_from_swift_money\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Is it safe to borrow from Swift Money?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#swift_money_review_verdict\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Swift Money Review Verdict<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#glossary_of_loaning_terms\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Glossary of loaning terms<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#faq\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">FAQ<\/a>\n\n        <\/div>\n\n    <\/li>      <\/ul>\n  <\/div>\n    <ul data-accordeon-content class=\"toc-list\" style=\"display: none;\">\n        <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_is_swift_money\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What is Swift Money?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#pros_and_cons_of_a_swift_money_loan\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Pros and Cons of a Swift Money Loan<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item subList-in-progress\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#how_does_a_swift_money_loan_work\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">How does a Swift Money loan work?<\/a>\n\n          <button data-accordeon-title class=\"toc-btn\" type=\"button\">\n        <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#060606\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/button>\n        <\/div>\n\n      <ol data-accordeon-content class=\"StepProgress-sub-list\" style=\"display: none;\" id=\"TOC1sublist-how_does_a_swift_money_loan_work\">\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#online_loan_application\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Online loan application<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#fast_funds_disbursement_option\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Fast funds disbursement option<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#repayment\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"3\">Repayment<\/a>\n          <\/li>\n          <\/ol>\n  <\/div>\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_loan_products_does_swift_money_offer\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What loan products does Swift Money offer?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item subList-in-progress\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#swift_money_account_creation_and_borrowing_process\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Swift Money Account Creation and Borrowing Process<\/a>\n\n          <button data-accordeon-title class=\"toc-btn\" type=\"button\">\n        <svg width=\"12\" height=\"6\" viewBox=\"0 0 14 8\" class=\"icon\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M1 1L7 7L13 1\" stroke=\"#060606\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n<\/svg>\n          <\/button>\n        <\/div>\n\n      <ol data-accordeon-content class=\"StepProgress-sub-list\" style=\"display: none;\" id=\"TOC1sublist-swift_money_account_creation_and_borrowing_process\">\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#1_select_the_amount_you_want_between_100_and_1000\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">1. Select the amount you want, between \u00a3100 and \u00a31,000.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#2_next_click_on_apply_now_to_start_the_actual_application_process\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">2. Next, click on \u201cApply Now\u201d to start the actual application process.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#3_next_enter_your_personal_details_starting_with_your_name_email_address_home_phone_mobile_phone_date_of_birth_marital_status_and_number_of_dependents_if_any\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">3. Next, enter your personal details starting with your name, email address, home phone, mobile phone, date of birth, marital status and number of dependents if any.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#4_provide_your_address_details_and_then_proceed_to_the_employment_details_section\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">4. Provide your address details and then proceed to the employment details section.<\/a>\n          <\/li>\n                <li class=\"StepProgress-sub-item\">\n            <a href=\"#5_the_final_section_of_the_application_form_requires_information_about_your_finance_details\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"4\">5. The final section of the application form requires information about your finance details.<\/a>\n          <\/li>\n          <\/ol>\n  <\/div>\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#eligibility_criteria_for_swift_money_loan\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Eligibility Criteria for Swift Money Loan<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#information_borrowers_need_to_provide_to_get_swift_money_loan\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Information Borrowers Need to Provide to Get Swift Money Loan<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#what_are_swift_money_loan_borrowing_costs\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">What are Swift Money loan borrowing costs?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#swift_money_customer_support\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Swift Money Customer Support<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#is_it_safe_to_borrow_from_swift_money\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Is it safe to borrow from Swift Money?<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#swift_money_review_verdict\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Swift Money Review Verdict<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#glossary_of_loaning_terms\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">Glossary of loaning terms<\/a>\n\n        <\/div>\n\n    <\/li>  <li class=\"StepProgress-item\">\n  <div data-accordeon-item>\n  <div class=\"StepProgress-item__group\" >\n    <a href=\"#faq\" class=\"btn-handleTocScrollToTitle StepProgress-item__link\" data-level=\"2\">FAQ<\/a>\n\n        <\/div>\n\n    <\/li>    <\/ul>\n<\/div>\n\n                                        <div class=\"inContentProviderSingle inContentColor--learnbonds fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div 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<\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/01\/lendingstream_250_250.png\" alt=\"\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Get an Instant Quote<\/li>\n                                                                                                    <li>Apply within 2 Minutes<\/li>\n                                                                                                    <li>Friendly Support Service<\/li>\n                                                                                                    <li>FCA Regulated<\/li>\n                                                                                            <\/ul><!--\/.inContentProviderSingle--lis-->\n                                                                            <\/div>\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img float-right\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/01\/lendingstream_250_250.png\" alt=\"\" width=\"125\" height=\"60\">\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <div class=\"col-12 text-center\">\n                                                                                    <div class=\"inContentProviderSingle--button\">\n                                                                                                <a href=\"https:\/\/learnbonds.com\/uk\/visit\/lendingstream\" title=\"Start Trading\" rel=\"sponsored\" data-relfix=\"1\">Apply Now!<\/a>\n                                            <\/div>\n                                                                                <div class=\"inContentProviderSingle--disclaimerText\">\n                                            *Subject to lender requirements and approval.                                        <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderSingle--wrapper-->\n                    <\/div><!--\/.inContentProvider--single-->\n                            \n            \n<h2 id=\"what_is_swift_money\">What is Swift Money?<\/h2>\n<p><img decoding=\"async\" class=\" wp-image-3552 alignleft\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/download-3.jpg\" alt=\"Swift Money Loan Review...\" width=\"115\" height=\"115\" srcset=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/download-3.jpg 225w, https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/download-3-150x150.jpg 150w\" sizes=\"(max-width: 115px) 100vw, 115px\" \/>Swift Money is a trading name of Swift Money Limited, a credit brokering service provider. It is authorized and regulated by the<a href=\"https:\/\/www.fca.org.uk\/\"> Financial Conduct Authority<\/a> (FCA). They have their head offices in Bolton, Lancashire and offer services all over the UK.<\/p>\n<p>The service is registered in England and Wales and was launched in 2011. They claim to have processed more than a million applications since inception and boast high acceptance rates.<\/p>\n<p><em><div class=\"su-note\"  style=\"border-color:#e5e54c;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#FFFF66;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><i class=\"omsc-icon sui sui-info-circle\" style=\"\"><\/i> <\/em>Swift Money offers loan brokerage services, providing a platform for connecting with various lenders. They have a brief and concise application process and have a great reputation for high acceptance and fast funding.<em><\/div><\/div><\/em><\/p>\n<h2 id=\"pros_and_cons_of_a_swift_money_loan\">Pros and Cons of a Swift Money Loan<\/h2>\n<div class=\"su-note\"  style=\"border-color:#EFEFEF50;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#EFEFEF50;border-color:#EFEFEF50;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<div class=\"su-row\"><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<p><strong>Pros<\/strong><\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> High acceptance rates because they work with multiple lenders<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Single-page loan application form<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> They do not require any paperwork or extensive information<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#77e31f\"><\/i> Applicants can access funds in as few as 10 minutes<\/li>\n<\/ul>\n<\/div>\n<\/div><\/div><div class=\"su-column su-column-size-1-2\"><div class=\"su-column-inner su-u-clearfix su-u-trim\">\n<p><strong>Cons<\/strong><\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> They are not a direct lender and will therefore share your information with third-party service providers<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> Rates and fees on the platform vary from lender to lender<\/li>\n<li><i class=\"sui sui-remove\" style=\"color:#e31f28\"><\/i> You might have to complete an application form on the lender\u2019s site as well<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div>\n<h2 id=\"how_does_a_swift_money_loan_work\">How does a Swift Money loan work?<\/h2>\n<p>As mentioned above, Swift Money is not a direct lender, but a credit brokering service. Therefore, when you make an application on the site, they share the details with their lending and broker partners. These ones will then weigh your details against their requirements and make a decision on whether or not to<a href=\"https:\/\/learnbonds.com\/uk\/loans\/\"> offer funding<\/a>.<\/p>\n<p>While Swift Money does not charge any fees for the service, they receive a commission from lending partners when an introduction is successful. The approval process takes place by means of what the platform refers to as auto decisioning. This refers to the capacity to make a lending decision without the need for human interaction.<\/p>\n<p>Rather, the lending partners\u2019 platforms make use of advanced algorithms to assess applications and approve or decline them.<\/p>\n<h3 id=\"online_loan_application\">Online loan application<\/h3>\n<p>The lender does not have any physical stores and therefore, the entire application process takes place online. Applying for a loan on the platform is easy and straightforward as the application form is compact and not complicated. The least amount you can apply for is \u00a3100 and the maximum is \u00a31,000 and the typical repayment period is 1 month.<\/p>\n<p>In fact, it is one of few platforms that make use of a single-page loan application form. They do not require any extensive information or paperwork. And this greatly cuts down the approval time.<\/p>\n<p>Once you go through the form and enter all of the required details, they forward the application to more than 20 payday lenders in the UK. As soon as a lender reaches a decision, you will get an email confirming the outcome of the application.<\/p>\n<p>In case you are successful, you will get forwarded to the lender\u2019s website. Note that Swift Money does not have any control over whether or not you get accepted. In certain cases, the lender who accepts your application may require you to fill out another application on their site.<\/p>\n<p><img decoding=\"async\" class=\"wp-image-147246 size-full alignnone\" src=\"https:\/\/learnbonds.com\/wp-content\/uploads\/2019\/09\/Screenshot_829.jpg\" alt=\"Screengrab of Swift Money home page\" width=\"1020\" height=\"534\" \/><\/p>\n<p>After approval and successful redirect to the lender\u2019s website, you will get access to the loan agreement. You will need to check for this important document in your email inbox as the agreement gets automatically triggered as soon as a lender verifies and accepts your application.<\/p>\n<p>All the details of the loan including the amount, the loan term and the repayment amounts and due dates are clearly outlined on this agreement. So take your time to go through it, reading carefully through all the details.<\/p>\n<p>If you find it satisfactory, you will simply need to sign it electronically so as to finalize your application. Once you sign the electronic agreement, the lender will process your funds so as to dispatch.<\/p>\n<h3 id=\"fast_funds_disbursement_option\">Fast funds disbursement option<\/h3>\n<p>Note that if you happen to be in a rush to receive the funds, you can select \u201cFaster Payment Services.\u201d These services are available on some lenders\u2019 sites but in certain cases, charges might apply. But if you choose this option, you might get the funds in your account in as few as 10 minutes.<\/p>\n<p>However, the amount of time it takes to access your funds could be a lot longer depending on your bank as well as the lender who approved the application. But in most cases, it will take at most 3 working days.<\/p>\n<p>In case at some point during the repayment period you feel that you may have a problem paying back the borrowed amount, the lender advises that you contact the support team immediately.<\/p>\n<h3 id=\"repayment\">Repayment<\/h3>\n<p>They will attempt to work out an alternative repayment option or a different set of terms for you. The idea is to help you avoid missing the due date completely, which could attract fees and additional interests.<\/p>\n<p>Not every lender will charge a late repayment fee, but those that do can only charge a maximum of \u00a315, which is the legally accepted amount. During the delay period, you will also incur interests on the outstanding amount.<\/p>\n<p>Additionally, failure to notify a lender of financial challenges and then missing the due date could lead to having your details sent to debt recovery agencies. Lenders do not take this action lightly and only pursue it as a last resort. This too could lead to incurring additional charges.<\/p>\n<p>They would also need to report your poor repayment habits to credit agencies and this will negatively affect your <a href=\"https:\/\/learnbonds.com\/loans\/bad-credit-loans\">credit score<\/a>. Before they pursue any of these options though, they will try to reach you via phone and letter so as to recover their funds.<\/p>\n<h2 id=\"what_loan_products_does_swift_money_offer\">What loan products does Swift Money offer?<\/h2>\n<p>Swift Money specializes in providing the <a href=\"https:\/\/learnbonds.com\/uk\/payday-loans\">best payday loans<\/a>. These are short term financing options that typically require repayment by the next payday. They may not be as high in amount as other types of loans but they are infamous for their high interest rates.<\/p>\n<p>Some lenders offer longer terms and more flexible repayment requirements than the usual. So take the time to go through the loan agreement form to find out if the terms are suitable.<\/p>\n<h2 id=\"swift_money_account_creation_and_borrowing_process\">Swift Money Account Creation and Borrowing Process<\/h2>\n<p>As noted above, creating an account and borrowing from this platform is rather simple. To get started, visit the platform\u2019s official website.<\/p>\n<p>In case you wish to get an idea of how much you will need to pay back before going through the application process, start by using the online loan calculator on the home page.<\/p>\n<h4 id=\"1_select_the_amount_you_want_between_100_and_1000\">1. Select the amount you want, between \u00a3100 and \u00a31,000.<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-147245 size-full\" src=\"https:\/\/learnbonds.com\/wp-content\/uploads\/2019\/09\/Screenshot_828.jpg\" alt=\"Swift Money loan applicatipn page capturing personal info\" width=\"910\" height=\"656\" \/><\/p>\n<p>This will give you the approximate amount you will need to repay in a span of 30 days.<\/p>\n<h4 id=\"2_next_click_on_apply_now_to_start_the_actual_application_process\">2. Next, click on \u201cApply Now\u201d to start the actual application process.<\/h4>\n<p>Fill in the required details starting with the loan amount and selecting a duration in case you want a longer period than the default 1 month.<\/p>\n<h4 id=\"3_next_enter_your_personal_details_starting_with_your_name_email_address_home_phone_mobile_phone_date_of_birth_marital_status_and_number_of_dependents_if_any\">3. Next, enter your personal details starting with your name, email address, home phone, mobile phone, date of birth, marital status and number of dependents if any.<\/h4>\n<p>You will also need to indicate the purpose for which you are taking out the loan.<\/p>\n<h4 id=\"4_provide_your_address_details_and_then_proceed_to_the_employment_details_section\">4. Provide your address details and then proceed to the employment details section.<\/h4>\n<p>Here you will need to indicate your employment status, the industry in which you work, how you get paid and your work phone number. You will also need to fill in the length of employment, your monthly income, how often you get paid, your next pay date and the one after that. Complete this section by entering the name of your employer.<\/p>\n<h4 id=\"5_the_final_section_of_the_application_form_requires_information_about_your_finance_details\">5. The final section of the application form requires information about your finance details.<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-147247 size-full\" src=\"https:\/\/learnbonds.com\/wp-content\/uploads\/2019\/09\/Screenshot_830.jpg\" alt=\"Swift Money loan application page capturing financial details\" width=\"759\" height=\"305\" \/><\/p>\n<p>Start by entering your card type, account number and sort code. Provide details regarding your expenses such as mortgage or rent, existing loans, utilities, food and transport.<\/p>\n<p>After going through the terms and conditions and the privacy policy, click \u201cApply Now\u201d and wait for a lender\u2019s response in a matter of minutes.<\/p>\n<div class=\"su-note\"  style=\"border-color:#e5e54c;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#FFFF66;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><i class=\"omsc-icon sui sui-info-circle\" style=\"\"><\/i><em>It\u2019s essential to be cautious during the sign up process for these products. This is because you can end up owing two to three times what you borrow on the longer-term loans, and many have difficulty repaying the short-term loans without reborrowing.<\/em><\/div><\/div>\n<h2 id=\"eligibility_criteria_for_swift_money_loan\">Eligibility Criteria for Swift Money Loan<\/h2>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<p>Qualifying for a loan on Swift Money is not at all complicated; here are the requirements you need to meet:<\/p>\n<ul>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Be a UK resident<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> At least 18 years old<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Have a regular income<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Have a bank account<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Have a valid debit card<\/li>\n<\/ul>\n<\/div>\n<h2 id=\"information_borrowers_need_to_provide_to_get_swift_money_loan\">Information Borrowers Need to Provide to Get Swift Money Loan<\/h2>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<p>In order to access a loan facility from one of the lenders on Swift Money, here are some of the details you will need to provide:<\/p>\n<ul>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Phone number<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Name<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Marital status<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Number of dependents<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Postcode<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Employment details including status, length at employment, monthly income and how you get paid among other things<\/li>\n<li><i class=\"sui sui-check-circle\" style=\"color:#189d2b\"><\/i> Finance details including your account number and sort code, type of card and monthly expenses<\/li>\n<\/ul>\n<p><em><\/div><\/em><\/p>\n<h2 id=\"what_are_swift_money_loan_borrowing_costs\">What are Swift Money loan borrowing costs?<\/h2>\n<p>Borrowing costs on Swift Money differ significantly from one lender to another. Here is a look at some of the rates you might expect:<\/p>\n<ul>\n<li>Late payment fees \u2013 \u00a31 to \u00a315<\/li>\n<li>Interest rate \u2013 capped at 0.8% daily<\/li>\n<li>Average APR charged by the lenders over 30 days \u2013 1,255.66%<\/li>\n<\/ul>\n<p><strong>Representative Example:<\/strong><\/p>\n<ul>\n<li>Loan amount \u2013 \u00a3250<\/li>\n<li>Loan period \u2013 30 days<\/li>\n<li>Total repayment \u2013 \u00a3310<\/li>\n<li>Interest rate p.a. fixed \u2013 292.25%<\/li>\n<li>Interest amount \u2013 \u00a360<\/li>\n<li>Representative APR \u2013 1,255.66%<\/li>\n<\/ul>\n<h2 id=\"swift_money_customer_support\">Swift Money Customer Support<\/h2>\n<p>Swift Money gets a high rating on various platforms online, with users hailing the fast and easy application process. There are also positive comments about its communication and services. However, it would be good to keep in mind that when you take out a loan from the platform, you will actually have to deal with the lender\u2019s customer support and not the broker\u2019s.<\/p>\n<p>Therefore, before signing up for any loan, take a moment to see what customers think of the lender\u2019s customer support team.<\/p>\n<h2 id=\"is_it_safe_to_borrow_from_swift_money\">Is it safe to borrow from Swift Money?<\/h2>\n<p>The lender is regulated and authorized under the FCA. And the platform makes use of advanced encryption protocol to secure your data. However, as brokers they have to share your information with third-party lenders and this might pose a degree of risk.<\/p>\n<h2 id=\"swift_money_review_verdict\">Swift Money Review Verdict<\/h2>\n<p>Swift Money is a reliable credit brokerage service provider with a high acceptance rate. This has to do with the fact that they work with multiple lenders, which increases the chances of borrowers getting a good fit.<\/p>\n<p>They make use of a simple and concise application process, and since their lending partners make use of auto decisioning, they approve loans fast. If you are in a rush for accessing funds, you might find them ideal.<\/p>\n<p>However, you need to look out so you do not end up settling for less than ideal terms and services from one of their lending partners. Note too that their loan limits are pretty low and the rates are considerably high.<\/p>\n<p>Overall, they are a good choice of platform for when you are in a tight situation financially with no other way out.<\/p>\n                                        <div class=\"inContentProviderSingle inContentColor--learnbonds fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Try Our Recommended UK Payday Loan Provider 2020:<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div 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                                              <a href=\"https:\/\/learnbonds.com\/uk\/visit\/lendingstream\" title=\"Start Trading\" rel=\"sponsored\" data-relfix=\"1\">Apply Now!<\/a>\n                                            <\/div>\n                                                                                <div class=\"inContentProviderSingle--disclaimerText\">\n                                            *Subject to lender requirements and approval.                                        <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderSingle--wrapper-->\n                    <\/div><!--\/.inContentProvider--single-->\n                            \n            \n<h2 id=\"glossary_of_loaning_terms\">Glossary of loaning terms<\/h2>\n\n\t\t<div class=\"glossary-component--container\">\n\t\t\t<div class=\"glossary-component--inner\">\n\t\t\t\t<div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Credit-Score.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Credit Score<\/span><\/div><div class=\"glossary-component--term-text\"><p>A credit score shows your creditworthiness. It's primarily based on how much money you owe to loan or credit card companies, if you have ever missed payments or if you have ever defaulted on a loan. <\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Guaranteed.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Guaranteed Approval <\/span><\/div><div class=\"glossary-component--term-text\"><p>Guaranteed Approval is when, no matter how bad, your credit score its, your loan application will not get declined.\r\n<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Credit-Limit.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Credit Limit <\/span><\/div><div class=\"glossary-component--term-text\"><p>A Credit Limit is the highest amont of credit a lender will lend to the borrower.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Collateral.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Collateral<\/span><\/div><div class=\"glossary-component--term-text\"><p>Collateral is when you put up an item against your loan such as your house or car. These can be repossessed if you miss payments.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Cash-Advance.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Cash Advance  <\/span><\/div><div class=\"glossary-component--term-text\"><p>A Cash Advance is a short-term loan that has steep interest rates and fees.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Credit-Rating.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Credit Rating<\/span><\/div><div class=\"glossary-component--term-text\"><p>Your Credit Rating is how likely you are to fulfill your loan payments and how risky you are as a borrower.\r\n<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Fixed-Interest.png\" alt=\"Stocks Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Fixed Interest Rate<\/span><\/div><div class=\"glossary-component--term-text\"><p>Fixed Interest Rate is when the interest rate of your loan will not change over the period you are paying off you loan.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Interest.png\" alt=\"Stocks Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Interest <\/span><\/div><div class=\"glossary-component--term-text\"><p>The Interest is a percentage based on the amount of your loan that you pay back to the lender for using their money<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Default.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Default <\/span><\/div><div class=\"glossary-component--term-text\"><p>If you default on your loan it means you are unable to keep up with your payments and no longer pay back your loan.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Late-Fee.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Late Fee<\/span><\/div><div class=\"glossary-component--term-text\"><p>If you miss a payment the lender will charge you for being late, this is known as a late fee.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Unsecured.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Unsecured Personal Loan<\/span><\/div><div class=\"glossary-component--term-text\"><p>An Unsecured Personal Loan is when you have a loan based solely on your creditworthliness without using collateral.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Secured-Loan.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Secured Loan<\/span><\/div><div class=\"glossary-component--term-text\"><p>A Secured Loan is when you put collateral such as your house or car up against the amount you're borrowing.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Prime-Rate.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Prime Rate<\/span><\/div><div class=\"glossary-component--term-text\"><p>This is the Interest Rate used by banks for borrowers with good credit scores.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Principle.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Principal<\/span><\/div><div class=\"glossary-component--term-text\"><p>The Principal amount the borrower owes the lender, not including any  interest or fees.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Variable-Rate.png\" alt=\"Stocks Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Variable Rate<\/span><\/div><div class=\"glossary-component--term-text\"><p> A Variable Rate is when the interest rate of you loan will change with inflation. Sometimes this will lower your interest rate, but other times it will increase. <\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Installment-Loan.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Installment Loan<\/span><\/div><div class=\"glossary-component--term-text\"><p>An Installment Loan is a loan that is paid back bi-weekly or monthly over the period in which the loan is borrowed for.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Bridge-Loan.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Bridge Loan <\/span><\/div><div class=\"glossary-component--term-text\"><p>A Bridge Loan is a short term loand that can last from 2 weeks up to 3 years dependant on lender.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/AAA-Credit.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>AAA Credit<\/span><\/div><div class=\"glossary-component--term-text\"><p>Having an AAA Credit Rating is the highest rating you can have.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Guarantor.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Guarantor <\/span><\/div><div class=\"glossary-component--term-text\"><p>A Guarantor co-signs on a loan stating the borrower is able to make the payments, but if they miss any or default the Guarantor will have to pay.\r\n\r\n\r\n\r\n<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/LIBOR.png\" alt=\"Stocks Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>LIBOR <\/span><\/div><div class=\"glossary-component--term-text\"><p>LIBOR is the London Inter-Bank Offered Rate which is the benchmarker for the interest rates in London. It is an average of the estimates interest rates given by different banks based on what they feel would be the best interest rate for future loans.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Home-Equity.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Home Equity Loans <\/span><\/div><div class=\"glossary-component--term-text\"><p>Home Equity Loans is where you borrow the equity from your property and pay it back with interest and fees over an agreed time period with the lender.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Debt.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Debt Consolidation <\/span><\/div><div class=\"glossary-component--term-text\"><p>Debt Consolidation is when you take out one loans to pay off all others. This leads to one monthly payment, usually with a lower interest rate.<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Federal-Student.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Student Loan<\/span><\/div><div class=\"glossary-component--term-text\"><p>If you obtain a Student Loan to pay your way through College then you loan is held with the Department for Education U.K.\r\n\r\n\r\n<\/p><\/div><\/div><div class=\"glossary-component--term\"><div class=\"glossary-component--term-image\"><img decoding=\"async\" src=\"https:\/\/learnbonds.com\/uk\/wp-content\/uploads\/sites\/2\/2020\/03\/Broker.png\" alt=\"Loans Glossary\"\/><\/div><div class=\"glossary-component--term-title\"><span>Student Grants<\/span><\/div><div class=\"glossary-component--term-text\"><p>Financial Aid in the form of grants is funding available to post-secondary education students throughout the United Kingdom and you are not required to pay grant<\/p><\/div><\/div>\t\t\t<\/div>\n\t\t<\/div>\n\n\t\t\n<h2 id=\"faq\">FAQ<\/h2>\n<div role=\"heading\" data-hveid=\"CAsQBQ\"><div class='man_faq_sec' itemscope itemtype='https:\/\/schema.org\/FAQPage'> <\/time><time itemprop=\"dateModified\" datetime=\"2020-06-17 17:07:56\"><\/time><script>jQuery(document).ready(function() {\r\n\t\t\tjQuery('.accordionButton').on('click', function() {\r\n\r\n\t\t\t\t\/\/REMOVE THE ON CLASS FROM ALL BUTTONS\r\n\t\t\t\tjQuery('.accordionButton').removeClass('on');\r\n\t\t\t\t\t\r\n\t\t\t\t\/\/NO MATTER WHAT WE CLOSE ALL OPEN SLIDES\r\n\t\t\t\tjQuery('.accordionContent').slideUp('normal');\r\n\t\t\t\r\n\t\t\t\t\/\/IF THE NEXT SLIDE WASN'T OPEN THEN OPEN IT\r\n\t\t\t\tif(jQuery(this).closest('.ms_faq').find('.accordionContent').is(':hidden') == true) {\r\n\t\t\t\t\t\r\n\t\t\t\t\t\/\/ADD THE ON CLASS TO THE BUTTON\r\n\t\t\t\t\tjQuery(this).closest('.ms_faq').find('.accordionButton').addClass('on');\r\n\t\t\t\t\t\t\r\n\t\t\t\t\t\/\/OPEN THE SLIDE\r\n\t\t\t\t\tjQuery(this).closest('.ms_faq').find('.accordionContent').slideDown('normal');\r\n\t\t\t\t} \r\n\t\t\t\t\t\r\n\t\t\t\t});\r\n\t\t\t});\r\n\t\t\t<\/script><section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">If I have bad credit, can I qualify for a loan?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Yes. Most lenders on the platform will weigh both your credit history and current financial status and could approve you based on affordability.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">When will I get funding?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">You might get funding in 15 minutes, but it could also take up to 3 days depending on your bank and the lender in question.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">How will the lender deposit the money?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">The lender will deposit the money directly into your bank account.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">What does auto decisioning mean?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">This is a loan approval process that does not require human intervention as it makes use of advanced algorithms.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">What happens if I cannot make a repayment on time?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">You will need to get in touch with the lender before your due date so as to make alternative arrangements. Otherwise, you might face hefty penalties or get reported.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">What other store services does Swift Money offer?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Swift Money does not offer any other store services.<\/p>\r\n                <\/div><\/div><\/section>\n<\/div>\n<div role=\"heading\" data-hveid=\"CAsQBQ\"><\/div>\n<h2>UK Payday Loan Reviews- A-Z Directory<\/h2>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Swift Money Loan Review 2020|Funds in 10 Minutes!<br \/>\nGet \u00a31k today, repay with your next paycheck! We tell you all about Swift Loans and how to qualify here<\/p>\n","protected":false},"author":644,"featured_media":147246,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"class_list":["post-94","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":{"show_disclaimer":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Swift Money Loan Review 2021 \ud83e\udd47 Fast Funds in 10 Minutes!<\/title>\n<meta name=\"description\" content=\"Read our 2021 review on Swift Money loans. We&#039;ve covered APR rates, fees, eligibility and more. 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