Compare these unsecured loans that are all available for tenants and choose one with a low APR to save money in interest.
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.
A tenant loan is a personal loan you can get when you're renting a property.
Tenant loans are normally unsecured, so you don't need to be a homeowner, or use another asset as security to borrow the money.
The best loan for tenants is the one that offers the lowest interest rate for the money you need, and for the term you want to pay it back over.
This comparison table shows the representative APR offered by each lender, but you may have to pay a higher rate depending on the loan you want, or if you have bad credit.
To qualify for a lender's representative APR, you usually have to borrow a certain amount, for example, £5,000 to £14,999 over 1 to 3 years.
You can also apply for a tenant loan if you're self employed, but you need to have at least 1 year's audited accounts to prove your income.
With tenant loans, you don’t need to put up any collateral like you would a secured loan. However, just because your assets aren’t at risk, you should still make sure that you can afford the monthly repayments.”Salman Haqqi, Loans expert
The rate you get is based on:
The loan amount you want: This can affect the interest rate you get offered, as some lenders set borrowing tiers for their loan rates.
The length of the loan: A longer loan can reduce your monthly payments, but you could pay more in interest over the term.
Your credit record: A better credit history will improve your chances of getting the best rates offered by a lender.
To increase your chances of getting accepted for a loan as a tenant, register on the electoral roll for your address.
If you have bad credit, you could compare guarantor loans instead. You can apply for them with a friend or family member acting as a guarantor.
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: 31 March, 2022
