Viva Loans UK Review – Easy Loan When You Have Bad Credit


Viva Loans is a loan brokerage platform that has partnered with many direct lenders who provide payday loans ranging from £300 to £2,000. This lending platform has a reputation for matching cash-strapped borrowers with reliable direct lenders.

They also have lenient loan qualification requirements.

In this article, we’ll take you through everything you need to know about Viva Loans: types of loans they offer, their rates, as well as the pros and cons.

Characteristics of Viva loans

1. Multiple Loan Options

Viva Loans offers a variety of loan options. It would help if you did your due diligence before settling for an alternative.

Determine how much of the loan you urgently need, how much you can afford, and how quickly you can repay it. Different loan options come with different terms and conditions. For example, you may receive an instant loan but have a high APRS.

The following are the common loans from Viva Loans:

  1. Instant Payday Loans Poor Credit Score
  2. Fast cash loans without credit check
  3. Unemployed Fast Loans
  4. Fast Welfare Payday Loans
  5. Loans on SSI (Supplemental Security Income)
  6. Payday loans without phone calls
  7. Debit Card Loans
  8. Payday loans with prepaid card
  9. Personal loans with checking account

2. Flexible and affordable loan amounts

Avoid loan amounts you can’t pay back on time. Viva Loans come in different amounts to make it more convenient for people, from as little as £100 up to £5,000. The amount of this loan varies from one direct lender to another.

Additionally, Viva Loans advises its customers to normally only take out what they need, even if they qualify for higher amounts.

3. Frequency of refunds

Discuss your payment schedule with your lender before taking out a loan.

If you are looking for a considerable loan amount, you can request more months. For smaller amounts, you can choose a single payment or request a few weeks to pay it off.

Viva Loans lenders offer different payment schedules; biweekly, weekly and monthly. You can choose the option that suits your income.

4. Interest

While most payday lenders have been criticized for overcharging their loan services, some direct lenders like Viva Loans charge affordable rates.

Generally, Viva Loans lenders charge between 5.99% and 35.99% for their loans. Always find out about extra charges such as origination and penalties for delay or anticipation.

5. Loans for a variety of credit profiles

Viva Loans has lined up many loan options and their qualifications that you can choose from on their website. This increases your chances of qualifying for at least one of your loan options, regardless of your credit profile.

However, you must be very enthusiastic when dealing with payday lenders, especially if your credit history is terrible.

Most lenders will take advantage of your dire straits to offer you loans that trap you in an endless cycle of debt. As a result, you should take the time to read and understand the terms and conditions of the loan before you sign it.

Loan Evaluation Process

After applying for your loan, it’s time to wait for a response from the lender.

Viva Loans will review your loan application to assess your ID card, social security number, housing details, driver’s license, desired loan amount, employment and income details. Some direct lenders may also look at your credit history and the location of your residence.

Please note that by submitting your loan application, you are granting Viva Loans the authority to share your information with its network of direct lenders.

The Viva Loans approval process typically takes less than ten minutes. For example, uk payday loans take less than three minutes to apply and about five minutes to be approved.

Once approved, they connect you with a direct lender to meet your emergency needs. The direct lender will ask you for more details.

If they approve your documents, they will give you the terms and conditions of the loan. Your loan amount will be disbursed to your account on the same day of application.

Variety of uses and long payment terms

Viva Loans does not limit its clients in the use of their loan. They can use it to consolidate other debts, cover medical bills, renovate houses, repair cars, etc.

However, Viva Loans advises its clients to only take out loans for the right reasons. It would be helpful if you were only borrowing to cover an emergency or supplement a late paycheck.


  • Same day payments
  • Loans of different amounts, from €200 to €2,000
  • Their loan application and approval process is fast.
  • Unemployed people can also apply
  • No credit checks


  • Viva loans come with high rates
  • There are hidden fees

How to apply with the Viva loan

Follow the steps below to apply for a Viva Loan:

Step 1: Enter the Préstamos Viva website

Step 2 – Complete the online application form

Step 3: Sign the loan agreement form

Step 3 – Get Your Approval

Step 4: Receive your Loan in your bank account

You can also contact Reform Debt Solutions if you have any questions about Viva Loans. They offer free consultation services to all British.

Bottom line

Most payday lenders take advantage of desperate customers and can exploit them, leaving them in an endless cycle of debt.

Viva Loans can be helpful during emergencies, especially if your credit score is low and you can’t get a loan from other safe alternatives.

However, we recommend doing extensive research to determine your best payday loan alternatives before deciding on one.


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