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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 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 new credit in the future due to a bad credit score.

We offer loans from £1,000 to £15,000 over 2 - 5 years and specialise in assisting those that have struggled with credit in the past. Our application form only takes a few minutes and we use soft search technology, so your application will not hurt your credit score. We also look at more than just your credit history so we are able to work with people who may have a less than perfect credit.

To see if you are eligible for one of our loans, just fill out our simple online application form to see if we can assist.

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 299.8%
Start Your Application

A mark on your credit history lasts for 6 years or more in some cases, but a lot can change in that time. We believe that people who may have had bad credit deserve a second chance. That is why we offer loans to people who have had some issues with their credit in the past. Where other lenders and banks would turn down your request, we can consider a wider range of credit scores and situations.

To be eligible for one of our loans you must be over 18 and employed however, we will assess other factors when reviewing your application.

Tailored Local Lending

We have a team of experts at all of our local branches that can help you. If you receive conditional approval for a loan from us, they will set up a face to face meeting to finalise the offer. During this meeting, we will get to know you better and review how you manage money, your financial obligations and your unique circumstances. This allows us to offer loans to a wider variety of customers than lenders that just rely on automated credit scoring.

During our meeting, we will decide if we are able to provide you with a final loan offer. If you are approved, a member of our team will explain the offer to you and finalise the loan.

Responsible Lending

At Everyday Loans, we provide responsible loans to all of our customers. Our goal is to be fair and honest with every potential client and help those that qualify secure one of our loans.

We meet with each of our customers to review their loan offer and explain the obligations outlined in the agreement. We also complete a full assessment of each person's finances. All the data we collect during this meeting is secured and processed in compliance with UK GDPR and DPA regulations.

During the meeting, we ask all of our customers a number of questions about their finances and we request that they provide the most accurate information possible. We also encourage people to do some research so they understand common terms and ideas used in lending, such as APR and credit score. If there is something that a potential customer does not understand, our experts will be happy to explain further.

We also ask customers to inform us if there is a change in their financial situation. For example, if they have an unexpected expense and can not make a payment. In cases like this, we can work together to find alternative arrangements to manage the loan.

If you are struggling to get an unsecured loan due to bad credit, Everyday Loans may be able to help. We offer customers a personal approach to lending, so why not get in touch today or begin your application now.

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. Our loan product is designed to help those with less than perfect credit scores. If you have bad credit, loans usually come with a higher APR than 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 its 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

Looking to learn more about Everyday Loans and our loans process? Here’s more information on how you can apply for a loan with us. It’s always worth remembering that our process is designed to be simple and straightforward, with the support of a customer account manager who provides you with the information you need.

  • Q1: Can you tell me what’s required for a loan to be approved?

    You need to be a UK resident, over 18 and have a bank account within the UK. Beyond that, we require that you’re employed. You may choose to apply for a loan, particularly for purposes such as consolidating debt, home improvements and more. As a responsible lender, we carry out a creditworthiness assessment . This means that we try to understand your financial circumstance to ensure that you only borrow what you can repay. If you meet the requirements, you can make an application now without damaging your credit score thanks to our soft search technology – you won’t get a mark on your credit file.

  • Q2: Can you confirm if Everyday Loans is a direct lender?

    Absolutely – we are! Our physical headquarters are located in lovely Bourne End (in Buckinghamshire). We specialise in helping people with poor or bad credit.

  • Q3: Is it a long process to get a loan with you?

    Our process is simple, easy and efficient. If your application is initially successful, you’ll receive a conditional approval. After this, we send your details over to your local branch and arrange a time for a meeting with our friendly advisor who will complete the loan for you. It’s a simple process and the money can be with you shortly after your meeting is complete.

  • Q4: Are your loan quotes flexible ?

    Indeed, they are! Whilst your loan term and monthly payment is fixed once the loan is booked, the loan options we can provide span anything from 18 – 60 months, we can lend from £1,000 - £15,000 and everything in between. Apply today to review your options!