A personal loan for self-employed people and sub-contractors.
Achieve your personal and professional goals.
Selfy Loans are essentially personal loans for self-employed people who have been self-employed for a minimum of 2 years. Selfy Loans can be used for both personal as well as business purposes.
A unique aspect of Selfy Loans is that they prove to be a good option for individuals who have been facing credit problems in the recent past or don’t have a long enough trading history. Even if other lenders have turned you down, this self-employment loan has flexible criteria, and you might get approved.
The process is quick and easy.
Selfy Loans have been designed to offer loan assistance to all self-employed people, including freelancers and sole traders. If you have been self-employed for more than two years, you are eligible to apply for Selfy Loans!
Of course! Once the loan is credited to your account, you can use it for a wide array of purposes, including but not limited to purchasing a car, undertaking home improvements, funding a wedding, or paying for your child’s higher education.
If you have an accountant with a recognised qualification, they can show your income by –
If you do not have an accountant, you can show your income by –
Even if you do not have your self-assessments available, Selfy Loans might still be an option for you. In this case, however, you may need to visit their local branch for further assistance.
If you are a sub-contractor, you can show your income by –
Once you have completed the application form, you will get an invitation to visit the nearest Selfy Loans branch, where your application will be processed. If the loan agreement is signed before 8:30 pm, the loan amount will be credited on the same day.
If your circumstances change and you do not need the loan anymore, Selfy Loans offer you a 14-day cool-off period, within which you can return the loan amount without any charges.
If the change happens after the 14-day cool-off period, and you believe you may not be able to make the stipulated repayments, you can get in touch with Selfy Loans immediately. They will provide the required assistance and help you manage the situation.
No. We do not charge any application fee when you apply for SelfySelf-Employed Loans.
For self-employment loans to be approved, checks on the following things are done:
Borrowing £3,000 over 24 months at an interest rate of 71.3% p.a. (fixed), you will repay 24 monthly payments of £237.75 per month. Interest Payable £2,706. Total Repayable £5,706. Representative 99.9% APR.
Warning: Late repayment can cause you serious money problems. For more information, go to MONEYADVICESERVICE.ORG.UK
Credit subject to status & affordability assessment by Lenders.
LoanTube is a credit broker and not a lender.
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on any debt secured against it.