Need to borrow a smaller amount?

A small loan can be considered when you need to cover a specific personal expense without borrowing more than you require. The amount available, repayment period, interest rate, and eligibility requirements can vary between lenders.

With Givemyloan, you can start an online enquiry and explore the options relevant to your circumstances.

Need to borrow a smaller amount?
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What are small loans?

Small loans are short-term unsecured loans that allow borrowers to get an amount up to £5000. Generally, you need to repay the loan within a 12-month duration. However, the loan amount and term vary among lenders.

You should seek a loan, especially during a financial emergency or when you need to fill the funding gap while purchasing something big. The digital application system has raised the possibility of fast approval and same-day payout. It is subject to the lender’s criteria.

Sometimes, circumstances demand quick funding to meet your financial needs. Givemyloan is the responsible small loan broker in Ireland. We bring multiple loan deals to a single comparison platform within a few minutes. This means you can compare loans through a simple online application.

Features Of Quick Small Loans
What is the borrowing amount limit? £500 - £5000
What is the standard loan term? 3 months – 12 months
Is there any upfront charge to pay? Depend on the individual lender
Is the small loan interest rate fixed? Mostly fixed but subject to the individual’s circumstances and the lender’s criteria
I have just completed 18 years of age. Can I apply? Yes, you can

What is the difference between small loans, quick loans and same-day loans?

Most of the time, borrowers use these terms interchangeably in Ireland. Still, they highlight some different aspects of the borrowing process, i.e., amount, decision speed, and payout speed.

Feature Small Loans Quick Loans Same-Day Loans
Primary Focus Borrowing Amount (Size of the loan) Decision Speed (How fast you get an answer) Payout Speed (How fast money hits your bank)
Typical Borrowing Limit (Ireland) €500 to €5,000 €500 to €3,000 €500 to €2,000
Approval / Decision Time 24 to 48 hours Instant to 1 hour Within a few hours
Payout Time 1 to 3 business days Same day or next business day Same day (dependent on bank cut-off times)
Credit Assessment Standard credit check + full affordability check Soft eligibility check + fast automated scoring Automated eligibility check + quick bank verification
Best Uses Planned expenses (minor home upgrades, holidays, large purchases) Unexpected bills, urgent car repairs, short-term cash flow Immediate financial emergencies needing funds on the same day

Why should I choose small loans?

With many loan options available, finding the best small loans in Ireland can be tough. You do not need many documents or to pay unnecessary charges while availing loans from our lending partners.

Due to online applications, processing time is likely shorter than with traditional banks. Lenders can work on your application instantly and are prepared to offer interest rates and monthly repayments affordable for you.

Reasons why you need these loans are :

  • Variable Amount to Borrow

    Lenders keep flexibility in choosing the amount. This is because everyone’s needs are different from each other. Take advantage of this flexibility, and borrow the amount according to your prevailing circumstances.

  • A Complete Digital Process

    There is hardly any delay or waiting to get the lending decision. Our lenders do everything on time so that you can rectify your financial issues with no unnecessary delays.

  • 24X7 Funding Accessibility

    You can apply for these short-term loans anytime, early morning or late at night. We welcome you to post your loan enquiry and get an instant response from our end.

  • Fast and Secure

    With a secure online procedure, you can get timely funding on a fast and secure platform. You do not have to worry about the protection of your data. We won’t reveal it to anyone.

How to get a small loan in Ireland?

Have certain financial troubles disturbed the balance of your monthly income? This is where quick small loans work best for borrowers. They are available through a smart online application procedure.

These loans ensure an immediate outcome for everyone, with no waiting for days. However, there is no guaranteed loan approval, as it is subject to individual financial circumstances and the lender’s criteria.

How does the loan process work?

The online loan application system is useful for filling the financial gap quickly. The most important thing is that lenders may accept every loan application irrespective of the applicant's credit score.

  • Apply online in minutes

    Come here and fill a simple online form with the details mentioned as mandatory. It won’t take too much time, hardly 5 minutes are required.

  • Compare the loans

    Once we receive your application and details, we prepare a list of lenders matching your circumstances. You can then compare the deals and decide on a lender.

  • Get a fast decision

    After receiving your loan request, one of the lender’s representatives calls you immediately. They verify the details and get back to you instantly.

  • Receive the money

    Analyse the loan agreement by checking the total borrowing cost, not only the monthly instalments. Accept the agreement, and the lender releases the loan amount to your bank account on the same day.

    Applying for a small loan online in Ireland does not guarantee approval. It usually depends on the individual application, financial circumstances, and the lender’s criteria.

How am I eligible for unsecured small loans?

You don’t find anything complicated to be eligible for these instant decision loans in Ireland. There are only basic requirements, which anyone can meet with a steady income source.

Here is how you can qualify for these loans:

  • You must be a resident of Ireland
  • You must hold a valid personal bank account (needed for fund disbursement)
  • You should have an active contact number and email address
  • You must be earning either full-time or part-time income
  • You should be receiving income for the last 90 days

Fulfil these qualifying conditions to apply. However, approval is not guaranteed even if you qualify for the cheapest personal loans.

Where can I use small loans?

Financial urgencies force you to have additional funding somehow. No need to worry because you can compare small loans and find the one that satisfies every need or expense without any delay.

There are many reasons to use these loans, including :

Reasons can be many, but you only need to submit just one single enquiry on the loan comparison site to get the best deal.

Small Loans Calculator

Monthly Repayment
Repayable over
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ⓘ Important Information: The repayment figures created by this calculator are provided for illustrative purposes. They do not signify a loan offer, approval decision, or guarantee of available rates.

How much can I borrow through a small loan in Ireland?

Most of the online lenders offer loans to borrow from €500 to €5000, depending on individual circumstances. You can select any amount between these limits and the term within which you can repay the loan.

Your monthly earnings and repayment capacity will determine the amount you want to borrow. You can show your affordability by providing bank statements for the last 6 months.

Still, there are some ways through which you can get a higher amount. These include :

  • You have been borrowing money from the same lender previously
  • You are showing good improvement in recent payments
  • You do not have any pending debt to clear and therefore are enhancing your credit score

How do I repay the loan amount?

Repaying emergency loans in Ireland online should not be a problem. Lenders usually follow a flexible approach towards every borrower.

Since the amount is small, it is expected that you can manage it from your steady monthly income.

According to your convenience, you can choose the repayment mode between :

  • Weekly; or
  • Monthly

Once you decide, you can calculate the weekly or monthly repayments based on further factors like:

  • How much do you need to borrow?
  • What is your selected loan term?
  • Can you afford the repayments from your monthly income?
  • Are you sure that loan instalments are not restricting your regular spending?

Discuss everything with our loan expert and finalise the loan deal instantly.

Some lenders also allow extended repayment periods apart from the normal one. It means sometimes you may not be able to repay on the given date within a week or month. Still, lenders can accept your request to extend it for a specific 7-day or 10-day buffer period.

Does Givemyloan help borrowers to compare small loans for bad credit?

Yes, there are some lenders in Ireland offering bad credit small loans in Ireland. Specialised loan offers are available for those who have been struggling a lot due to their less-than-perfect credit scores.

Lenders in our panel usually give preference to multiple factors rather than only the credit history. These may include monthly income, employment steadiness, and recent financial commitments.

Therefore, we compare only the affordable loans with poor credit history, and the lenders focus on these factors:

  • Balance of Your Income

    We analyse how your monthly income is going to bear the loan repayment. If it is balanced, then we don’t delay the approval process.

  • Current Expenses

    Although lenders offer loans for any purpose, your expenses should be known to them to have acceptable loan deals from their end.

  • Prevailing financial position

    ‘What you have done’ does not matter. Lenders usually prefer ‘what you are doing now’. It means the loan approval comes from present-day financial performance.

    If you prove your ability to repay the loans, lenders may also offer you loans for bad credit in Ireland with no guarantor required.

Why choose Givemyloan?

Choosing a loan broker in Ireland for small personal loans in Ireland has been a common practice. You can compare multiple lenders and match your financial circumstances to the right product.

Key benefits of using Givemyloan as your small loan broker :

  • Access to multiple options : We can compare providers across the market and look beyond your local bank.
  • Saving time : We handle the initial research and streamline the paperwork process.
  • Credit profile matching : We generally match you with lenders suited to your credit profile. They often conduct soft credit checks initially to protect your score.
  • Expert Guidance : We explain terms in plain English and clarify lender criteria and repayment capacities.
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Frequently Asked Questions

Can I get a small loan with soft credit checks?

How do small loans affect your credit score?

Do I need a bank account for a small loan?

Are small loans the same as payday loans?

Can I get a small loan if I am unemployed?

What is the interest rate on a small loan?

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