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  4. What is a short-term loan?
  1. Home
  2. FAQs
  3. General
  4. What is a short-term loan?

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.

These loans can be used for various reasons, from covering unexpected expenses to funding a small-scale project or purchase.

As they are unsecured, this type of loans doesn’t require the borrower to provide any collateral, such as a house or a car, to secure the loan. However, because of the increased risk to the lender, the interest rates on these loans are generally higher than our other lenders longer term loans.

The application process is quick and simple, simple full out our online application form, and find a suitable loan within minutes.

Please note that you will need to have a steady source of income and not be insolvent, however for the majority of our lenders a bad credit score is not a problem.

The exact terms and conditions, such as loan amounts, interest rates, and repayment schedules, will vary depending on the lender and your personal circumstances.

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