• Urgent car repair?
  • Replacing your boiler?
  • New sofa or TV?
  • Anything else!

There are many reasons why you may have a need for an extra £1000 that you just don’t time to save for. We appreciate it can be frustrating and stressful if you have been rejected by your bank, even though you know you could pay it back with simple monthly payments.

Whatever your circumstances, 118 118 Money will strive to help you find a personal loan. So call us on 08000 118 000 or 02920 893300* if you’d like to discuss the best solution for you. We are here for you 24/7.

“I have a poor credit profile, can I still apply?”   Yes!

My credit score isn’t great, can I still apply?

Yes! These days, not many people have a perfect credit score but it doesn’t mean you can’t pay a loan back. Evidence of missed payments are likely to stay on your credit file for three years and a County Court Judgment or bankruptcy will be remain on your file for six years.

But if you can demonstrate stability and show that the monthly repayments are affordable then there is a good chance we can help you.

How do I know if I am eligible to apply? 

You are welcome to apply if you:

  • Are aged over 18
  • Are a UK resident
  • Hold a current UK bank account and debit card
  • Have a monthly net income of more than £700
  • Are employed or self-employed

I’m self-employed, can I still apply?

Whether you are employed or self-employed, as long as you have a regular monthly income you can apply for a loan with 118 118 Money.

Does someone need to guarantee my loan?

No, this is an unsecured loan so you do not need to worry about asking a friend or family member to act as a guarantor.

I have a good credit score, is this the loan for me?

We always recommend checking the interest rate, the APR and the monthly repayments. We offer an APR at 99.9%. The rate you receive is based on the information you provide in your application. If you have a good credit score you are likely to get a better rate!

Top 10 tips on how to improve your credit rating

Is this a short-term or pay-day loan?

Some creditors don’t look favourably on pay day loans, which could affect your ability to receive credit in the future so we only offer repayment loans over 12 months, 18 months or 24 months.

How long will it take until I receive the £1,000 loan?

By applying online and providing as much information as possible you will help speed up the process. If approved, you will get a welcome call from us just to confirm a few details. Once we’ve completed that call, we aim to deposit the money into your bank account within the hour.

What do I do now?

You can apply online now or if you’d like to chat to us about your loan application, just call us on 08000 118 000 or 02920 893300*. Remember, we’re here for you 24/7.

(*08000 118 000 is free from UK landlines. Calls from other networks and mobiles may vary. 02920 893300 is charged by your provider as a UK national number.)

Once you have applied online, we will decide if your application has been accepted. We will look at your ability to repay the loan based on what you tell us, how well you’ve managed credit before and what the credit agencies tell us.

Check you are happy with the interest rate, the APR and the monthly repayments. Please talk to us if you have any further questions.

We’ll set up a direct debit mandate to the bank account you gave us on application.

You will receive your £1,000.

Apply Now

Representative example: Amount of credit £1,800 for 24 months. Interest rate: 71.3% pa (fixed). 24 scheduled monthly payments of £142.65. Total amount payable: £3,423.67. Representative 99.9% APR.

Rates from 35.9% APR - 99.9% APR fixed.