Small Loans from £100 to £1,500

On the plus side, small loans can provide financial support for individuals with poor credit scores. Since these loans often have more relaxed credit requirements, they’re more accessible to those with less-than-perfect credit histories. Additionally, repaying these loans on time can help improve your credit score, which enhances your borrowing potential in the future.

However, it’s important to consider the potential downsides as well. Interest rates on small loans can be higher than traditional loans, which means you may end up paying back significantly more than you borrowed. If you fail to make repayments on time, you might incur additional fees and further damage your credit rating. Also, reliance on these loans can lead to a cycle of debt if not managed carefully. Therefore, it’s crucial to consider your ability to repay the loan within the agreed timeframe before applying.

We have a panel of over 35 specialist lenders, each with their own set of criteria and loan offerings. This broad range allows us to cater to a diverse set of financial needs and credit histories, thereby enhancing the likelihood of finding a suitable loan for each applicant.

Once you have chosen a lender from our platform, you will deal directly with them, allowing for clear, direct communication regarding your loan’s specifics.

The decision time can vary from lender to lender. Many of our partnered lenders aim to provide decisions swiftly, often within minutes of the application during working hours.

However, this speed does exclude weekends and bank holidays when lenders may not be operational. Furthermore, some lenders may not be as rapid, providing a decision on the same day or even the next. Rest assured, all our lenders understand the urgency associated with small loans and aim to process applications as quickly as possible.

The speed at which you can access your funds can vary based on the lender. Many of our lenders offer payouts within an hour of all the required documentation being supplied and the application being accepted.

However, some lenders might be a bit slower. Despite this, most aim to provide same-day transfers to ensure you receive your funds as soon as possible. Always review the payout times provided by the lender for a clear understanding of when you can access your loan.

No, our service is free of charge.

However, lenders may have their own set of fees and interest, which will be detailed in your loan agreement.

The interest rates can vary based on factors like the lender’s terms and your credit rating. Despite this, we strive to connect you with lenders offering competitive rates.

Our Lenders Representative APRs range from 43.1% to 1,333%, the Representative APR you pay will depend on your chosen lender and loan product.

Yes, many lenders on our platform permit early repayments, potentially allowing you to save on interest.

Be sure to check the specific terms of your loan agreement.

It’s crucial to reach out to your lender as soon as possible if you’re unable to meet the agreed repayment schedule.

They may offer solutions like adjusting your repayment plan. Remember, late or missed payments can lead to additional charges and harm your credit score.

The repayment period for small loans on our platform can vary from 3 to 36 months, offering flexibility to suit different borrowers’ needs.

Always consider your ability to repay within the given timeframe before applying.