1 + 1 Loans
Find out if 1 Plus 1 is the lender for you: read some reviews, the pros & cons of their loans and more…
Secure UK website est. 2015
1 Plus 1
Borrow: £1,000 to £10,000
Repay over: 12 to 60 months
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4.5/5 from 213 reviews on Trustpilot
1 Plus 1 Loans Representative: 47.8% APR
Representative Example: You borrow £1000, Monthly payment: £102.75, Interest and fees: £233.00, Total to repay: £1233.00 47.8% APR (fixed)
* Details are correct at the time of writing, subject to change without notice.
Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk. AllCreditLoans is a licensed credit broker and not a lender.
Choose your loan amount: £500
How many months?
If approved, you could receive funds by 11:27 AM
- 3-minute online application
- Up to 35 UK lenders
- Instant online quotes
- No obligation
- No fees - we are a free service
Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk
All Credit Loans is a licensed credit broker and not a lender.
Allcreditloans.net Representative APR: 79.5% (variable)
Rates from 12.9% APR to 1625.5% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Repayment of 17 Months at £87.22 and final repayment of £87.70 The total amount repayable is £1570.44. Interest amounts to £570.44, an annual interest rate of 59.97%. Subject to affordability and your credit score.
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Very Quick
Very quick and the staff are helpful
Adrian Vidler
19th September 2022 -
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Very quick
Very quick and the staff are helpful
Adrian Vidler
19th September 2022 -
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Recommended
I recommend 1plus1
Mateusz Gie
12th September 2022 -
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Really good
They were really good at helping me, thank you.
Kelly Neilson
3rd September 2022 -
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Easy to understand
Simple set up not sure if it’s as easy to collect money yet but we will see.
Andrew Robb
6th August 2022 -
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Very good
Very good experience.
Manuel
4th August 2022 -
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Very prompt service
A great help and very prompt service. The help I received when I needed it was emplicable. I recommend. Thank you 1+1Loans.
Isabel Hodgson
6th July 2022 -
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Straight forward
Straight forward, nervous about giving you access to my account but that’s just me.
Stephen William
27th July 2022 -
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Kind and helpful
I found the staff I spoke to very kind and helpful.
Karl Birkinshaw
19th July 2022 -
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Straight forward
Was very straightforward and easy to complete
Isabel Hodgson
6th July 2022 -
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Very understanding
Very easy to follow and use, very understanding and clear, and helpful
Farhad Rezapour
7th June 2022
Guarantor Loan Features
Fees
Maximum APR 47.8%
Arrangement fee: £0
Early repayment fee: £0
Late payment fee: £15
Minimum Criteria
Must be aged 18 or over
Cannot have a history of bankruptcy or any active IVAs, CCJs etc
Guarantors must be aged 18 to 75
Guarantor must be able to demonstrate a good credit history
Loan Highlights
Borrowers do not need to have a good credit history
Guarantors do not have to be homeowners
Loans of up to £10,000 are available
Loan can be repaid in full at any time
The Basics ✍️
UK Residency – All applicants and guarantors must be UK Residents
Age – You must be at least 18 and no more than 75 years old
Bank – You must have a UK bank account and a debit card.
Insolvent – You need to be solvent, so not in a DMP (debt management plan), IVA (Individual Voluntary Arrangement), Trust Deed (Scotland), or bankrupt
Parents – Parents can act as a guarantor.
Con’s 👎
Guarantor – You need a guarantor, and if you stop making your monthly payment, they will need to step in.
Good credit rating required – Your guarantor must have a credit rating.
Repayments – Your guarantor will be expected to make the repayments on the loan if you are unable to do so.
Pro’s 👍
No application fees – The only additional fees relating to loans with 1 + 1 are for missed payments.
Competitive APR – At 47.8% the current APR is lower than the market average of 49.9%.
Non-homeowners accepted as guarantors – Unlike some other lenders, 1 + 1 will accept guarantors who do not own their own property.
Smaller loans available – With loans starting at £500 these are an affordable solution to short term financial problems.
About 1 + 1
1 + 1 Loans were founded in 2013 at a time when they could see that borrowing money at an affordable price was becoming a difficult prospect for those who needed it most.
They base eligibility on creditworthiness, affordability and friends and family rather than credit ratings.
They aim to make the application process as pain-free as possible and have efficient payout times, with most customers having the money appear in their account the same day they apply.
Questions
They say the money could be in your bank account today 😀
With our guarantor loans, the money could be in your bank account today, if we get you approved before 3pm
To achieve this you will need to have all the details they require from you and your guarantor.
From our tests, it was quick, about 2 minutes and 40 seconds to fill out their online form 🏃♂️ 💨
No 😀
- 1 Plus 1 do not charge upfront fees.
- There is zero charge for using this website.
Yes 😉
- You can fully pay back the loan at any time.
- There is zero charge for doing this.
Company Info
Companies House Info
Co Reg No: 8387053
Website: 1plus1loans.co.uk
Address: The Old Tannery, Eastgate, Accrington, Lancashire, BB5 6PW
FCA Registration
FCA Ref No: 717767
Firm Name: 1 Plus 1
Principal Place of Business: Yates Barn, Netherley Road, Tarbock Green, Prescot, Merseyside, L35 1RG
Data Protection Info
Reg No: Z3574423
Data Controller: 1PLUS1 LOANS LIMITED
Address: The Old Tannery, Eastgate, Accrington, Lancashire, BB5 6PW
Other Names: None
Get Accepted for a Loan
Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk. AllCreditLoans is a licensed credit broker and not a lender.
Choose your loan amount: £500
How many months?
If approved, you could receive funds by 11:27 AM
- 3-minute online application
- Up to 35 UK lenders
- Instant online quotes
- No obligation
- No fees - we are a free service
Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk
All Credit Loans is a licensed credit broker and not a lender.
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