Unsecured Loans for Bad Credit UK

How much do you need?
£2,000 £5,000 £7,000 £10,000 £20,000 £25,000

Affordable £2,000 to £25,000 Online!

Representative Example: Borrow £10,000 for 24 months, 24 monthly repayments of £578,37. Total repayment £13,880.88, interest rate p.a. (fixed) 39.7%. Representative APR 39.7%.

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Can I get unsecured loans for bad credit in the UK? Yes, you can! Apply now for any loan amount between £2,000 and £25,000* and get an instant decision. If approved you will be funded the money into your bank account, the same day. If we cannot give you the loan ourselves, then we’ll team up with Monevo to find you a different, FCA authorised direct lender that fits your needs better. Apply now for the loan amount and loan terms that are perfect for you!


Everything about our unsecured loans:


What is an Unsecured Loan?

An unsecured loan is where you borrow money without giving any security on the money you borrow. This means that if you can’t repay the loan your house and car is not at risk. However, if you don’t repay, the lender does have legal rights to take back their money. They may sell your debt to a collections company. In a worst case scenario, they could take you to court. Therefore, despite unsecured loans being lower risk than secured loans, it’s important to consider whether you can repay the loan.

Unsecured Bad Credit Loans

Unsecured bad credit loans are widely available in the UK. Do you find it hard getting accepted for credit because your credit score isn’t up to scratch? Unsecured bad credit loans may be the perfect solution for you. By definition, unsecured personal loans with bad credit tend to be a bit more expensive than secured loans, as the lenders need to balance the risk. At the same time, they provide greater chances of approval for people with bad credit.

Are you looking for a 6 month or 12 month unsecured loan with bad credit? Personal Loans Now will always give you an instant decision. If approved, you can receive the money into your bank account on the same day, as long as your bank supports faster payment. We recommend that you try to improve your credit score before applying. Spending on credit cards and paying them off in full each month is a great way to boost your credit rating.

Unsecured Loans - Personal Loans Now

How do I apply for unsecured loans for poor credit with PLNOW?

You can apply for unsecured personal loans with bad credit by filling out our simple online application form. If approved, our unsecured bad credit loans with an instant decision means almost instant cash that can ease urgent financial problems. At PLNOW, you can apply no matter what your credit score is. We believe that if you can afford to repay the loan you deserve to get the money you need today. If your bad credit loan application has been accepted, we will transfer the funds directly into your bank account.

Unsecured Loans - Personal Loans Now

Should I be careful to take unsecured loans for bad credit from direct lenders only?

If you are looking for reliable unsecured personal loans for poor credit online in the UK, you can consider both brokers and direct lenders, as long as you check that they are authentic. By using a website you agree to their terms and conditions so you want to be sure that your identity is protected. Here are some pointers to help you to determine if a lender is genuine or not:

  • That the website is secure
  • That the direct lender or broker is fully authorised and regulated by the Financial Conduct Authority. (You should be able to find a clickable FCA number on the lenders’ website.)

In this way, you can be sure that you are in safe hands. We are a direct lender but we also have access to FCA authorised unsecured bad credit loans direct lenders via the Monevo platform.

  • Loans for people with bad credit
  • No guarantor needed
  • No application fee
  • Instant decision
  • Direct lenders panel

Personal Loans Now- unsecured loans


No Guarantor Loans

A guarantor is someone who promises a lender that a loan will be paid. In many cases, a guarantor signs a contract that states that if the borrower can’t repay the loan, the guarantor will take over the monthly payments. This is one way of securing a loan.

On the other hand, unsecured loans are loans that are given without a guarantor. With PLNOW’s no guarantor loans in the UK there is no need to find someone to back you when applying for your loan. Why hassle your family and friends when you can apply for the money you need without looking for a guarantor? Even if you are unemployed or you are on benefits and need a loan today you can apply now with PLNOW, a no guarantor loans direct lender and get same day funding if approved.

Personal Loans Now- Unsecured Loans

Can I get a loan without a credit check or guarantor?

Lenders offering unsecured payday loans with no credit check are probably not following the FCA responsible lending guidelines. We always carry out credit and affordability checks on all our applicants, to make sure that giving them an instant loan won’t harm them financially. However, we do provide unsecured loans without you needing a guarantor. If we can’t fund you the loan ourselves, we will work with Monevo’s platform of FCA authorised direct lenders to get you a loan today with no guarantor.

Personal Loans Now- Unsecured Loans

Can I still get a fast loan if I don’t have a guarantor?

Yes, a no guarantor loan means that you don’t have to spend the time and go through the hassle of finding someone to cosign your loan. When you apply for our quick loans, we will never ask for a guarantor. You will always receive an instant decision and same day funding into your bank account, if approved.

  • No guarantor needed
  • FCA regulated lenders
  • Instant decision
  • No application fee
  • Same day funding


Unsecured Loan FAQ’s



How long can I borrow an unsecured personal loan for with PLNOW?

You can borrow cheap unsecured loans with PLNOW from over 3 months up to 5 years. The length of your loan usually depends on the loan amount and over how many monthly instalments you want to repay your loan. Generally, the longer you choose to repay your loan the more interest you will need to pay in the long run, but the smaller each monthly repayment will be. When borrowing with PLNOW the interest rates are pa fixed as opposed to other lenders that use pa variable rates. This makes our loans significantly cheaper.

What should I consider before taking out an unsecured personal loan?

Here are some vital points to consider before applying for a loan from unsecured loans direct lenders:

  1. Is it necessary?

    If you need money urgently, it’s tempting to rush to apply for an unsecured guaranteed loan with no guarantor. However, it’s essential to consider if you really need to borrow the money.

  2. How Much Do You Need?

    Think carefully about how much you need. Don’t borrow too little because you will have to borrow again. On the other hand, don’t borrow too much because it will be more expensive.

  3. How Will You Repay?

    The loan repayments may seem like an obvious point, but many people forget to consider this. Take a serious look at your monthly expenses to make sure that you can afford the monthly repayments.


What are the benefits of unsecured personal loans in the UK?

The benefits of taking out an unsecured personal loan in the UK over a secured loan are:

  • You don’t have to be a homeowner.
  • If you have a good credit history, then you have higher chances of getting an unsecured loan with low interest rates. 
  • Unsecured loans are also flexible as you will usually be given options of what period you pay it back over.


Why should I apply for an unsecured loan with PLNOW?

At Personal Loans Now, we promise to try and get you the best unsecured loan with no guarantor. Even if you have a poor credit score, we won’t keep you waiting. You’ll get an instant decision in just 90 seconds, with same day payout of £2,000 up to £25,000 if approved. The interest rate is much lower than payday loans, and the monthly repayments are far more affordable. The option of lowering the payments by spreading them out over a longer time frame means that there is a higher acceptance rate for people with both poor and bad credit. Apply now for an unsecured loan and get an instant decision.

Written by: Kylie Jenson
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