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Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk. Representative example: £400 borrowed for 30 days. Total amount repayable is £459.36. Interest charged is £59.36, interest rate 180.5% (variable). Representative 728.9% APR.
We are a licensed credit broker, not a lender. Rates between 9.3% APR and 1614% APR. Loan term lengths from 7 day to 12 months. A fee or commission may be paid to Kite Loans, if the customer’s application is successfully accepted by a lender or broker.
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FAQ

Please see below for commonly asked questions on applying for a loan using Kite Loans

1. How quickly do I get the money?

In the majority of cases money will be transferred to your bank account within 15 minutes of being accepted for your loan. However, this will depend on your lender and how long it takes your bank to process it. The majority of high street bank support Faster Payments nowadays, so you should expect to see money soon after signing your credit agreement.

2. How do I make payments for my loan?

Each lender may vary on the method in which they take payments for the loan, but in most cases it will be through a continuous payment authority (CPA). This is where your scheduled loan payments get taken from your bank account on your repayment dates. If you would like to cancel this method of payment at any time you will need to contact your lender. Your payment method will be highlighted in the final application process once you’ve been matched with a lender.

3. How many lenders will my application be sent to?

We have over 65 UK based lenders in our network. Our system works to find you the cheapest available loan from this panel.

4. Will you run a credit check to find me a lender?

No, we do not carry out credit checks as part of our lender finding service. However, many lenders on our panel may run credit, affordability, and identity verifications before they issue you with a loan. This doesn't mean that you will not be accepted if you have bad credit, as many of our lenders are able to help people with poor and impaired credit.

5. How long does it take to search through your lender database?

We should have a result and a lender for you within 30 seconds of you submitting your application on our online form. However, it can take slightly longer depending on the speed of your internet connection.

6. I have been rejected for a loan before, will that affect me?

Our loan database of 65 lenders cater for a wide variety of applicants. This means that's there is a good chance we can find you a suitable loan even if you have been rejected elsewhere.

7. What criteria do I need to meet in order to apply for a Loan?

For you to submit an application you must be sure to meet the following requirements:

  • Be over the age of 18
  • Be a UK resident
  • Not be bankrupt
  • Have a valid email address and phone number
  • Have address information for the past 3 years
  • Have your bank account and debit card information
8. I have a question about a loan I have taken out?

It's important to remember that we are not the direct Lender. If you have any questions regarding your loan you will need to liaise directly with your lender. All lenders on our panel abide by extremely high lending regulations and will all have customer service agents available to help with any query you may have.

9. How much can I borrow?

Our panel of lenders will loan any amount from £100 up to £3000. The amount you are able to borrow will depend on an affordability assessment carried out by the lender. Therefore, we advise you only apply for the amount you are sure you can comfortably repay.

10. What happens if I struggle to pay my loan back?

If you ever struggle to pay a loan back, we would advise you to firstly contact your lender and inform them of your new circumstances. They will then run a new affordability assessment on you and hopefully offer you an affordable repayment plan. Depending on your circumstances they may be able to freeze the interest on your loan.

Alternatively, below is a list of free independent debt charities that can help you manage your financial problems

Citizens Advice
www.adviceguide.org.uk

Consumer Credit Counselling Service
www.cccs.co.uk
Tel: 0800 138 111

National Debtline
www.nationaldebtline.co.uk
Tel: 0808 808 4000

Money Advice Service
www.moneyadviceservice.org.uk
Tel: 0300 500 5000