Blog


08

May 2023

What’s a no guarantor loan?

A loan for people with bad credit that does not need a guarantor 👍 Available from £100 to £5,000* 👍 Repay over 2 to 60 months* 👍 Designed for people without a guarantor 👍 Our panel of around 20 lenders UK lenders provide a huge range of loan options * Loan amount & repayment terms will depend on your chosen lender and your personal circumstances.


08

May 2023

What are debt consolidation loans for bad credit?

One single loan to help reduce your total monthly loan repayments: Designed to consolidate all unsecured debts into one new loan with lower more manageable monthly payments. Should have a lower interest rate rate and be repayed over a longer term to make repayments more affordable. * A £100-£10,000 loan that still accepts people with a poor credit rating. * If you are extending the terms...

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08

May 2023

What is a payday loan?

A short-term advance paid back on your next payday, however due to bad press and increased regulation by the FCA in 2014 many borrowers today prefer installment loans which are typically repayed over 3-12 months in more affordable monthly installments. Small loan (typically £100-£1,500) to tide you over for a few weeks up to your next payday One re-payment where the loan plus fees & interest is...

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07

May 2023

What are installment loans?

A payday loan alternative paid back in affordble weekly or monthly instalments: 👍 Short-term loan with flexible repayments: makes sure the repayments are manageable with a repayment term that suits you. 👍 Spread the cost with manageable instalments: one payment can be hard to manage, so spread the cost of the loan with weekly or monthly repayments. 👍 Payday alternative: an installment loan is split into...

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07

May 2023

What is a short-term loan?

A type of unsecured loan designed for individuals who need to borrow a small amount of money for a short period of time, typically ranging from a few months to a year. Our lenders have short term loans from £100 to £1,500 available for 12 months or less. Apply to see which loans are available you: For more info see our short term loans page....

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14

Nov 2022

High Cost Short Term Loan FAQs

What is a high-cost short-term loan? Often called Cash advance / Payday advance / Wage advance / Salary advance They are high-cost loan products where The APR is equal to or exceeds 100% The credit is provided for up to 12 months See the FCA definition What is the purpose of this sort of loan? To provide customers with a poor credit history access to quick borrowing for...

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