Personal Loans

FCA
Authorised
Loans from
£500 - £25,000
Instant
decision
One application,
many lenders
Bad credit
welcome

Need a cheap personal loan today? Even with bad credit, you can apply now for unsecured personal loans online without a guarantor. Get the amount of money you need, £500 to £25,000* today, if approved! Our FCA-authorised direct lenders can offer the best personal loan rates in the UK. We use Monevo’s panel of private lenders to help you find the best personal credit for you!

personal loans - personal loans now

Getting the best personal credit – you asked, we answer.


Personal Loan

Personal loan rates are much cheaper than payday loans or short term loans. Moreover, you can often get bigger amounts even if you have a bad credit score. In the UK, you can obtain a personal loan online without a guarantor and get an instant decision. Banks and private direct lenders offer small personal loans with amounts varying from £500 to £50,000. In addition, some lenders provide joint personal loans for people with low income or for those who are unemployed. At Personal Loans Now, we offer access to secured and unsecured credit online with high acceptance and low-interest rates via the Monevo Lender Panel.

Unsecured Loans - Personal Loans Now

Where can I get the best personal loans?

Unsecured Loans - Personal Loans Now

Can I get personal loans online?

Here’s something we want you to keep in mind: The best personal loan is a loan you can get. Equally important, it is credit you can comfortably repay on time. The best personal loan can come from a private direct lender or from a bank. However, the APR is not the only factor you should consider. Think if the price you pay for borrowing the money (interest rate) is lower than other alternatives. If it is, and if you can repay it on time, you just found a good deal for your online personal credit.

Private online personal loan companies in the UK offer a complete loan application online. No calls, faxes or paperwork is needed. Usually, personal loans online come with an instant decision and secure application form. Some online lenders offer unsecured small personal loans for people with good and bad credit rating. Of course, online personal loans are just one alternative you should consider when looking for a short term borrowing solutions. It’s important to compare the offer and understand what happens if you miss a monthly repayment. As well, make sure to check what happens if you want to repay your online loan earlier.

  • Bad credit welcome
  • Best interest rates
  • Unsecured personal credit
  • Joint personal-loans online
  • heaper than short term loans


Personal Loans Now - personal loans

Bad credit personal loans

Personal loans for people with bad credit are available online with and without a guarantor. Surprisingly, in many cases it’s easier to get approved for bad credit personal loans than for traditional short term loans. As well, personal loans offer a larger amount of money with a lower interest rate. Naturally, the longer loan period makes the monthly repayment more affordable and more accessible as long term unsecured credit for people with poor credit history. You can apply for a poor credit personal loan with your bank or with FCA authorised direct lender.

Unsecured Loans - Personal Loans Now

Where can I find low-interest personal loans for people with bad credit?

Unsecured Loans - Personal Loans Now

Can people with bad credit get unsecured personal loans online with no guarantor?

The interest rate on bad credit personal loans is lower than the price you would pay for payday loans. However, it’s still higher than secured loans with guarantor. Some direct lenders specialise in personal loans for people with poor credit history. When you apply online with us, we will check with all the FCA authorised direct lenders on the lending panel if they can accept your application and on what terms. Be aware, bad credit sometimes means a higher risk for the lender. Therefore, if you are looking for a lower interest rate with no credit check, you may want to check the guaranteed personal loans option.

Unsecured personal loans with no guarantor for people with bad credit are considered a high-risk product. Still, the answer is yes. You can apply and get approved for unsecured personal loans online, even if your credit rating is far from perfect. To do this, need to find a bad credit direct lender that weighs your affordability over your credit score. As always, make sure that you can easily repay the loan. Long term loans make the monthly repayment lower and sometimes more affordable. We would love to help you find an affordable personal loan. There is no application fee or service charge.

  • Personal loans for people with bad credit
  • Guaranteed poor credit personal loans
  • Unsecured personal loans with instant decision
  • Bad credit direct lenders
  • Personal loans for credit card consolidation


Personal Loans Now - personal loans

Cheap personal loans

In the UK, banks and private direct lenders offer low-interest rates for personal loans. Normally, obtaining credit from your bank requires a guarantor or some asset to guarantee the loan. If you are looking for unsecured personal finance, the interest rate may be higher. As a rule of thumb, you need to look at the overall cost of borrowing to determine if a given personal loan option is the cheapest credit available for you. The APR is only one factor and is not enough to compare loans. Remember, when considering low-interest personal loans for debt consolidation, you want to ensure that the overall cost of borrowing is lower than what you are currently paying.

Unsecured Loans - Personal Loans Now

Where can I get the best personal loan rates in the UK?

Unsecured Loans - Personal Loans Now

Can I get a cheap personal loan with low income?

Finding the cheapest personal loans in the UK is not always a straightforward task. The exact terms for borrowing money on a personal loan will depend on individual circumstances. As well, the rates you receive can depend a lot on your credit score. Although lenders will offer a headline interest rate which is low, this rate may not apply if you are searching for a personal loan for bad credit history. Low-interest personal loans are always per the specific case. Apply with us now and let us find you the best personal loan rates online. We will ask every regulated direct lender we know and get you the best deal we can.

Low-income personal loans rate is based mostly on your affordability and credit history. So, the question you need to answer is if the offered personal loan is cheaper than the alternative. If the total cost of borrowing is lower than your current credit, you need to ensure that you can easily handle the monthly repayments. Low income reduces the available funds you have at the end of the month to repay the loan. So yes, you can get a cheap personal loan with low income as long as you can adjust the monthly repayments to a level you can afford. We would love to help you find the best personal loan rates available for you.

  • Best personal loan rates
  • Low-interest personal loans
  • Low-income personal loans
  • Cheapest personal loans in the UK
  • Cheap rates from direct lenders


Personal Loans Now - personal loans

How do people in the UK use personal loans?
Loan type Description
Car finance personal loans If you’re in urgent need of a new vehicle, having access to car finance loans in the UK is a must. Buying a car using a personal loan has helped many people, especially those living in remote areas where public transport is scarce.
Home Improvement Loans One of the ways in which you can improve your life and add value to your house is to take out a home improvement personal loan. It can help you to make essential improvements to your property which will be worth more and can make your life more comfortable.
Debt Consolidation Personal Loans Borrowing a bigger sum to pay off existing debts can be beneficial, especially if you have several payments to make each month. Remember: It’s always better to get some advice from a debt counselling organisation before taking on more debt.
Guarantor Loans in the UK If you are having problems being accepted either because you have bad credit or no credit history at all, a guarantor loan can be the answer to help you get finance. Anyone can apply for a guarantor loan as long as they know someone suitable who is willing to cosign with them.
Loans for the Self Employed Obtaining a personal loan for the self employed is challenging but there are lenders who specialise in this kind of product. Applicants who apply for a self employed personal loan have to show records of their salary just as employed people have to do.
Wedding loans Paying for a wedding can prove to be very costly and many people turn to a personal loan to finance the big day. Even if you can pay for some of the costs of a wedding, it is almost impossible to cover everything. As a result, taking out a personal loan to cover the more expensive items is one option.
Logbook Loans Logbook loans started in the US and since 2008 have become another method of borrowing in the UK. You can borrow up to 50% of the value of your car and the lender keeps the logbook and a signed agreement until the loan is repaid.
Personal Loans for the Unemployed While it may prove more difficult to get a personal loan when you are unemployed, it is not impossible. Again, there are specialist lenders who will look at your personal circumstances.

Let us help you to get a personal loan today.

Particularly for people with bad credit score, Personal loans are a cheaper credit option available for people in the UK. Unlike payday loans, unsecured personal loans can provide amounts of up to £25,000 without a guarantor. Typically, the monthly repayments are lower. This makes personal credit more affordable options to people with poor credit or low income. You can apply for a personal loan online and get an instant decision even if your credit history is far from perfect. Sometimes, lenders may ask for a guarantor to provide you with lower interest rates.

Guaranteed loans are sometimes available with no credit check as the guarantor’s record would be used to approve the loan. We would love to help you find the best personal loan rates available for you! We work with an extensive panel of FCA authorised lenders. If you are eligible for a loan, we will do anything in our power to find the right one for you. Remember: Sometimes bigger loans are more affordable and more accessible for people with low income or bad credit history.

personal loans - personal loans now

Written by: Kylie Jenson
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