December 1, 2023
viva payday loans reviews

Viva Payday Loans Application Review

Getting through the months is now becoming harder and harder. That is why you need a payday loan to float you through. One of the best lenders to borrow quick cash loans from is the Viva Payday loan service. 

Before you apply for loans through a financial provider, you need to check the reviews to see if they are ideal for you. 

Here is all you need to know about the Viva Loans service:

What is Viva Payday Loans?

Payday loans are quick, small monetary advances secured by the borrower’s monthly income. Compared to regular bank loans, these loans have shorter repayment durations. With the borrower’s consent, the lender determines the amount and duration of payday loans.

You can borrow payday loans on Vivaloans for any of the following reasons:

  1. A payday may be good for you if you run out of cash suddenly.
  2. When you have a delayed paycheck
  3. A payday loan can float you through emergencies, etc.

Note: Viva Loans is not a lender. They connect borrowers to lenders in the UK.

How Much Can I Borrow on Payday Loans?

Payday loans are small loans. According to the most recent laws, a responsible lender must grant you no less than £100 for a payday loan. You may be able to borrow up to £2,000 with a payday loan, depending on your credit score and the lending institutions’ restrictions. Viva Loans assists you in obtaining quick payday loans online in amounts ranging from £100 to £2,000 in increments of £10.

How do I Get Viva Payday Loans?

Vivaloans offers loans in easy steps. You can apply for loans without having to go through rigorous processes like those at traditional financial institutions. Above all, they are paperless and flexible.

To apply for Viva Loans, you need to:

  • Go to the Viva loans website.
  • Select the loan amount you need.
  • Then apply.

Follow the complete step-by-step guide below to apply for loans.

Viva Loans Eligibility Requirements

Before you qualify for loans on Vivaloans, you need to meet the loan requirements. 

  1. The applicant must be a UK citizen and resident
  2. 18 years or older
  3. The applicant must have a valid bank account

What Documents Do I Need to Provide?

You must provide the following documents to qualify for payday loans on Viva Loans:

  • A valid proof of identity (driver’s license, etc)
  • A valid proof of address (utility bills, etc)
  • Your estimated average monthly expenditure
  • Your bank account details

Other Loans on Viva Loans

Vivaloans does not only offer payday loans. You can also borrow other types of loans, including:

  • Doorstep loans

With doorstep loans, you borrow money, and the lender calls to collect repayments at your house. You will be charged a high rate of interest for taking out these loans, which are often for lesser sums.

  • Installment loans

An installment loan is a type of contract or arrangement in which a sum of money is borrowed and must be repaid over time in a predetermined number of periodic installments; typically, at least two payments are required.

  • Personal loans

A personal loan is a loan that is provided with little to no documentation and without the need for security or collateral. The money from this loan can be put to any sane financial use. You must pay it back according to the terms set forth by the lender, just like any other loan.

  • Short term loans

A short-term loan is a type of loan taken out to meet a brief demand for funds on the part of the borrower or their business. Given that it is a form of credit, it entails paying back the principal amount plus interest by a specified due date, which is typically one year after receiving the loan.

  • Unsecured loans

Unsecured loans are debt products that aren’t secured by collateral and are provided by banks, credit unions, and online lenders. These include credit products like credit cards, personal loans, and student loans.

How to Apply for Loans on VivaLoans

Follow this step-by-step guide to apply for any loans on Viva Loans:

  1. Visit
  2. Select the loan type you want to apply for.
  3. Choose the amount you need.
  4. Select your repayment period.
  5. Click on Apply Now.
  6. Follow the prompts to complete your application.

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