Sarnia Mutual

Good:
Money can be paid out, in cash, today as long as you can get to their office

Bad:
Only available to residents of Guernsey

Verdict:
Serving Guernsey for 75 years, their loans are affordable and offer low rates for people with bad credit - you can even get your money in one hour

Sarnia Mutual is the sister company of The Loan Shop and is a small lender serving the community of Guernsey. They can lend anything between £300 and £5,000 which is paid out within one hour (providing you can get to their office with your documents!). This loan is hassle free, has cheap interest rates and they make it really easy for you to get your cash.

To apply, you need to complete the application form on their website. Once you submit it, it will be sent to a representative at their office. The representative will then send you an email explaining which documents you will need to bring into the office (proof of ID, 1 month bank statements, utility bill for proof of address). They will then further discuss the loan with you and credit check you. If your application is successful, you will need to go to their office to sign all of the documents and they will give you the cash there and then in the office!