Compare and apply for loans online and get a quick decision on whether you've been approved for a loan.
Checking won't affect your credit score
Looking through a range of options gives you more chance of securing a great deal. You'll only find results from genuine companies. Our data experts check each company before we add them to our comparisons.
1
Check your eligibility
Answer a few quick questions. This will not impact your credit score.
2
Compare personalised loans
See the exact amount you’ll need to pay each month – no estimates.
3
Apply online
Complete your application on the lender website. You could get your money in hours.
With real interest rates you'll see exactly how much you’ll need to pay each month. And which lenders will pre-approve your application before you apply.
| UK Resident | |
| Minimum Age | 18 years |
| Minimum Income | £10,000 |
| Credit Rating Accepted | good |
| UK Resident | |
| Minimum Age | 21 years |
| Minimum Income | £12,000 |
| Credit Rating Accepted | good |
| UK Resident | |
| Minimum Age | 21 years |
| Minimum Income | £12,000 |
| Credit Rating Accepted | good |
| UK Resident | |
| Minimum Age | 21 years |
| Minimum Income | £12,000 |
| Credit Rating Accepted | good |
| UK Resident | |
| Minimum Age | 20 years |
| Minimum Income | £12,000 |
| Credit Rating Accepted | good |
| UK Resident | |
| Maximum Age | Unlimited |
| Minimum Age | 18 years |
| Minimum Income | £7,000 |
| Credit Rating Accepted | poor |
| UK Resident | |
| Maximum Age | Unlimited |
| Minimum Age | 25 years |
| Minimum Income | £15,000 |
| Credit Rating Accepted | fair |
| UK Resident | |
| Minimum Age | 20 years |
| Minimum Income | £12,000 |
| Credit Rating Accepted | good |
| UK Resident | |
| Minimum Age | 18 years |
| Credit Rating Accepted | fair |
| UK Resident | |
| Minimum Age | 18 years |
| Minimum Income | £8,400 |
| Credit Rating Accepted | poor |
We are classed as a credit broker for consumer credit, not a lender.
Our services are provided at no cost to you. We may receive a commission from the companies we refer you to, but this does not affect what you will pay for the product you choose.
Your personalised bad credit loan results are powered by Monevo. They make sure you only see real interest rates. Not just estimates like some lenders show you.
An online loan is a loan you get that isn't from a traditional high street bank. Typically, online loan providers exist online as alternatives to traditional banks, often offering more competitive interest rates and terms compared to banks and building societies.
You can apply for loans online through a lender's website, and you could get a decision on whether your application has been accepted in just a few minutes. This comparison includes most of the unsecured loans in the UK that you can apply for online, and also includes peer to peer borrowing.
Before you compare online loans, work out exactly what you need to get the right borrowing for you.
The help you find the best online loan for you, work out:
How much you need to borrow
Only borrow what you need to reduce the total amount you have to pay back
How long you want to borrow for
The shorter the term you choose, the less you will pay back in interest overall.
You can often get a better rate then high street banks and providers
You might be able to get access to credit even if you've ben decline by mainstream lenders
You can quickly compare multiple loan offers
The application process is usually quick and simple
In some cases interest rates can often be much higher than high street banks, especially if you don't have a great credit score
Online lenders are relatively, so there is more of risk of fraud
You can't speak to anyone in person to get individualised service
Use this comparison to find an online loan that can offer the amount and term you want, and then look at:
The representative APR, which is the interest you are charged for borrowing. Look for a low rate to reduce how much you pay back in total.
The monthly payment, which is how much you will pay back each month. This is based on the interest rate, the term of the loan and how much you borrow.
Total cost of the loan, which is how much you will have paid back when you get to the end of the loan term. The shorter your term, the less you pay back in total.
Most lenders will show you this information before you make an application, or you can use our loan repayment calculator to work out how much each loan will cost.
Online loans can give you a quick decision, but you may get a better loan if you apply by phone or post. Compare all loans here to make sure you get the cheapest deal.
The short answer is yes. But it is still important to be cautious when borrowing money from an online lender. Make sure you only use a well-known lender.
If you're unsure about a particular lender, you can check the FCA register to make sure they are regulated by the FCA.
Any lenders listed in our comparison tables have been vetted by experts, so you can compare online loans without hesitation.
Exactly what is a loan? What can you use it for and how do you get one? Find answers to all your questions about loans here.
Read MoreYou can get a personal loan with bad credit, but the rates will likely be high. It can be harder to get a loan with bad credit, and it may be worth trying to improve your score before you apply for a loan.
Read MoreYour credit record has a big impact on the type of loan you can get and how much it will cost. Here is how your credit history affects your loan application and what you can do about it.
Read MoreShould you borrow against your house? Find out if taking out a secured loan against your home is sensible or something to avoid.
Read MoreChoosing the right way to borrow money can make it cheaper and easier to manage. Here is when you should use a credit card, loan or overdraft.
Read MoreWhen you miss a payment on your loan, you'll be charged a fee. You may be issued with a County Court Judgement or have to declare yourself bankrupt if you continue to miss payments.
Read MoreComparing loans could help you save money. Our award-winning loan comparison service makes sure you get our best interest rates. Our aim is to provide you with the most up-to-date information, as well as useful tools and calculators so to help you make life's most important decisions and take control of your money.
We have always aimed to provide the best possible services to bridge the gap between our users and our clients. Over the years, we have been thrilled to be recognised by various prestigious bodies and organisations for those efforts.
Last updated: 4 April, 2022
