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Loans for Bad Credit

We are a direct UK lender specialising in helping those with less than perfect credit scores. Apply today for up to £15,000 even if you’ve
had bad credit in the past.

How much would you like to borrow?

Our quotes won't affect your credit score


Representative Example: Borrowing £3,000 over 24 months at an interest rate of 71.3% p.a. (fixed), you will repay 24 monthly payments of £237.75 per month. Interest Payable £2,706. Total Repayable £5,706. Representative 99.9% APR.

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If your credit history has had a few bumps in the road in the past, for example if you've missed a payment on a debt, whether this is an overdraft, credit card, personal loan or even a mortgage, you may find it harder to obtain the finance you need.

We know very well how challenging it can be to stay afloat. We all experience difficult times now and then where our finances are concerned, and the Everyday Loans mission statement is to help you get through those times. With the help of a flexible, direct loan you’ll be back on your feet in no time.

How it all works

Applying for a loan with us only takes 5 minutes, we provide soft search loans which means applying with us doesn’t affect your credit file if you aren’t successful. We specialise in providing loans for people with bad credit, so even if you’ve been refused a loan before we may be able to help.

All of our loans are subject to status and affordability.

  • Step 1

    Step 1

    Complete our short
    application form

  • Step 2

    Step 2

    Get an initial decision
    in minutes

  • Step 3

    Step 3

    Pop into your local branch
    to complete your loan

Why choose everyday loans?

  • Applying with us won't affect your credit score. We use Soft Searching Technology which means even if you're unsuccessful; it won't go against your credit file.
  • We offer loans to those with a less than perfect credit score. You'll need to be over 18, a UK resident and be able to afford repayments.
  • We're a direct lender not a broker. We'll NEVER charge you a fee to consider your application.
  • We'll give you a conditional decision in just minutes.
  • You can borrow from £1,000 up to £15,000 over a minimum term of 18 months up to 60 months, for almost any purpose. Loans not for business, gambling or illegal purposes. Maximum APR 299%
Start Your Application

Where other institutions and banks would turn down your request, we understand that you have an honest and legitimate need for financial assistance and may be able to help where others wouldn’t. It’s what makes us different!

There are few lenders that offer specifically designed loans for people with poor credit histories. Anyone can apply for a poor credit loan but your age, income and employment status will be taken into account before any application is processed. The minimum requirements are that you are over 18 and employed.

It's our belief that more people across the country should have access to a flexible loan when they are in a time of need. Having a poor credit history shouldn’t mean that you can’t get the help you need when you need it most. Managing a credit rating is part of being a responsible adult, and we understand that building back your credit history won’t happen overnight.

With a long term loan provided by us, your short-term financial stability can be restored. This gives you the time you need to get things in order to prepare for the weeks and months to come. In time, with support from that bad credit loan, you’ll be back on your feet where money is concerned.

Paying off your loan from us could have a positive impact on your credit history. This, when combined with other responsible spending activities, can get you closer to a positive history and credit rating that will benefit you going forward.

Everyday Loans is one of the UK's leading unsecured loan lenders, offering customers a personal face-to-face service that addresses all our customers' financial needs.

Understanding Bad Credit Loans

Let’s start with the term bad credit.

The term "bad credit" is often used to describe an individual's credit score which is less than perfect. However, it's important to understand that your credit report is not measured by brackets like "good" or "bad", but with a number or value that is constantly changing based on a variety of factors.

A poor credit history or, in other words, a low credit rating can often stop you from getting loans from high street banks or building societies. This makes buying a new car or converting that loft into the room you’ve always wanted extremely difficult. This is where a ‘bad credit loan’ comes into play. This type of finance is designed for anyone looking to obtain credit, but who is unable to acquire it from mainstream lenders due to poor credit history.

  • Q1: What is a bad credit loan?

    If you’ve struggled with credit issues in the past, it can be difficult to get a loan from a major high street bank like Barclays or Lloyds TSB. A bad credit loan is designed to help those with less than perfect credit scores. These loans usually come with a higher APR than a traditional loans, but specialist lenders like us are more likely to be able to help you if you’ve had problems in the past.

  • Q2: What is APR?

    APR stands for annual percentage rate, it essentially represents the price you will pay for a loan. For example; If you were to borrow £1,000 over 1 year with a 10% APR then you would repay £1,100. This is the very basic premise of APR. However, it isn't quite as simple as that due to something known as compound interest which you can read more about here on the ThisIsMoney website. Once you apply with us and are accepted, your APR and repayments will be explained clearly in plain easy to understand English.

  • Q3: Can taking out a loan improve my credit score?

    Taking out a loan does not improve your score on it’s own, however if you make your payments on time every month without any problems this can indeed improve your credit score. Lenders like to see potential borrowers managing their accounts well and can take it a as a sign that even though you had problems before, you are now making regular payments which could imply those problems are behind you.

  • Q4: Will applying for a loan effect my credit score?

    With some lenders, every time you make an application they put a mark on your credit file to show that it was searched. Too many of these can imply to future lenders that you were struggling to get hold of finance and therefore they should be cautious in lending to you. Here at Everyday Loans we use Soft Search Technology, this doesn’t leave any marks on your credit file that can be seen by other lenders.

Our Process FAQs

Learn more about Everyday Loans and our specialist bad credit loans designed to help you get access the finance you need. Our loan application process is quick and easy, with our professional advisors always on hand to answer any questions you may have.

  • Q1: What do I need to get approved for a loan?

    As long as you are a resident of the UK, have a UK bank account and are currently employed then we may be able to help you. We specialise in helping those with less than perfect credit and use soft searching technology that doesn’t affect your credit score if you aren’t successful, as long as you meet our minimum criteria above then you should apply now to see if we can help.

  • Q2: How long does it take to get a loan?

    If your loan application is successful you will receive a conditional approval. Your application is then handed to one of our local branches that will arrange a time for you to come in and complete your loan. The whole process is quick and easy and you could get the finance you are after in little to no time.

  • Q3: Can I get a top up on my loan?

    If you have been paying your loan on time and without any problems, then after a while you may be eligible for a loan top up. Simply get in touch with your local branch to enquire as to whether you are eligible.

  • Q4: Is Everyday Loans a direct lender?

    Yes, we are a direct lender with our headquarters in Bourne End, Buckinghamshire that specialises in helping people with poor or bad credit. Apply with us today to see if we can help.