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Loan UK Bad Credit Options

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  • Borrow £1,000 to £8,000
  • Repay over 12 to 60 months
  • Check eligibility with no impact on your credit score
Check my eligibility now This won't affect your credit score

Representative example: Amount of credit £2,000 for 24 months. Interest rate: 41.2% pa (fixed). 24 scheduled monthly payments of £123.64. Total amount payable: £2,967.43. Representative 49.9% APR.

Can you get a UK loan with bad credit?

Yes, it can be possible. If you are searching for loan UK bad credit options, you are usually looking for a lender that understands your credit history may not be perfect. 118 118 Money is a direct UK lender and looks beyond a single score, carrying out credit and affordability checks to understand your wider circumstances.

If accepted, you could borrow from £1,000 to £8,000 and repay over 12 to 60 months. Before making a full application, you can use the eligibility checker to see whether you are likely to be accepted without affecting your credit score.

Check whether a UK bad credit loan could be right for you
Use the eligibility checker to see whether you are likely to be accepted before you apply.
Check my eligibility This won't affect your credit score
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Why people look for UK bad credit loans

A bad credit history does not always mean borrowing is out of reach. In most cases, people want a lender that is straightforward, realistic and clear about what happens next.

Designed for less-than-perfect credit. Mainstream lenders often rely heavily on a narrow set of criteria. 118 118 Money is built for people whose credit history may not fit that model.

Check before you apply. The eligibility checker helps you see whether you are likely to be accepted without affecting your credit score.

Fixed monthly repayments. Knowing what you need to repay each month can make planning easier when you are rebuilding control over your finances.

A direct UK lender. You apply directly with 118 118 Money rather than being passed around a panel of lenders.

A clearer route to borrowing. If accepted, you could borrow £1,000 to £8,000 over 12 to 60 months, depending on your circumstances and affordability.

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3 simple steps to check for a UK bad credit loan

  • Check your eligibility with no impact to your credit score
  • Review your offer, set up your Direct Debit and sign
  • Receive funds in 15 minutes*
Check my eligibility This won't affect your credit score. *This can vary from 15 minutes to 2 hours depending on your bank.
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What to consider before applying

If you have bad credit, it is worth taking a moment to work out what you need to borrow and what monthly repayment would still feel manageable after your essential bills are covered. A loan should solve a problem, not add fresh pressure.

Lenders do not look at credit history alone. They also consider affordability, which may include your income, regular outgoings and broader financial profile. That is why an eligibility check can be a sensible first step before you decide whether to apply.

It is also important to compare the total amount repayable, not just the monthly payment. A lower monthly figure can still cost more overall if the term is longer. If you are accepted, borrow only what you need and make sure the repayments fit comfortably within your budget.

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UK Bad Credit Loan FAQs

It can be possible. 118 118 Money is a direct UK lender and looks at more than a single score, carrying out credit and affordability checks to understand your circumstances.

No. The eligibility check lets you see whether you are likely to be accepted before you apply and it will not affect your credit score.

If accepted, you could borrow from £1,000 to £8,000 and repay over 12 to 60 months, depending on your circumstances.

Lenders also consider affordability, including your income, outgoings and wider financial profile, to help decide whether repayments are manageable.

Once approved and set up, funds could be received in as little as 15 minutes, although this can vary from 15 minutes to 2 hours depending on your bank.

See whether you are likely to be accepted before you apply

Use the eligibility checker to look for a UK bad credit loan that fits your circumstances. It will not affect your credit score.

Check my eligibility
118 118 money helpers illustration
118 118 money helpers illustration

Credit is subject to status, affordability and credit checks. Credit is only available to UK residents aged 18 and over. Terms and conditions apply.