Borrow £100 to £25,000*


  • Bad Credit Accepted
  • Fast Payout
  • No Fees
  • Secure Application

Short Term Loans

£100 – £1,000

N Online decision
N Responsible lenders
N Rates from 278% to 1576% APR*
N 3-12 month repayment

Personal Loans

£1,000 – £25,000

N Whole of Market panel
N Trusted panel of lenders
N Rates from 5.7% to 278% APR*
N 3-36 month repayment

Representative example: £500 borrowed for 5 months. Total amount repayable is £991.85 in 5 monthly instalments of £198.37. Interest charged is £491.85, interest rate 238.1% pa (variable). Representative 481.6% APR.

ccta and fca registered lender

Long Term Loans For Poor Credit From Direct Lenders

Key Features

  • Long term loans are perfect for larger amounts, and are popular for home improvements and business purchases.
  • UK direct lenders can offer cheap interest rates to keep the overall costs down.
  • Even those with poor credit could find they are eligible to take out a loan nowadays.

If you have to borrow money but your rating is low, you may have very few options available to you. When you go to your bank and ask for a long term loan, they will likely turn you down. Even fast cash lenders and those who often have few requirements for borrowing money may reject your application. They are all risk averse, and people with bad history present a risk. What they may tell you is that you need to have a guarantor sign onto the agreement for you. This takes away that element of risk for them, or at least reduces it. Do you have someone with a good rating and a strong employment history sign as the guarantor, then the lender may feel confident in approving the application. After all, failing to pay the agreement on time, the duty of repaying the finance goes to the guarantor. If you’re rating is strong, then the lender has confidence that they will pay back the instalment on time and in full.

Borrow anything from £100 to £25,000 today.
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You may not want to ask anyone to be your guarantor though. You might be interested in long term finance, for bad, no guarantor applicants. Having a guarantor on the agreement means you have to ask someone to commit cover your monthly instalments can’t. That’s a lot to ask of anyone, even a close friend or family member. They have financial responsibilities of their own, and they are going to want to look at your financial situation and assess the risk of signing on for you. They may look at your state of affairs even more closely than the bank does.

What Happens If The Monthly Payments Become To Much?

long term loans with poor credit If you’re unable to cover the month by month payments on time, then your friend will have to take over for you. That can strain your relationship severely, and you might not want to take that risk.

Instead, you may want to look for long term for bad history no guarantor applicants. Your choices are going to be limited. Let’s be clear about that. However, you do have a few options and there will be some lenders who will lend you money, despite your situation. You just have to be willing to do some searching and pay higher than average interest rates. Because of the risk you represent, the lenders will ask that you pay more in interest than someone using a guarantor or someone who has good credit.

Your situation is a risky one for them and you need to understand that. Once you do, you may be more willing to pay those higher interest rates the however aren’t guaranteed.

That doesn’t mean that the first you get approved for is your only or best option. It’s okay to shop around and see what a few lenders are offering. That’s the best course of action, but you do need to be aware that your choices will be few and far between.

Get an unsecured, no guarantor long-term loan even with poor credit!

Yes, you read it right! This is possible. In most cases where you have a poor credit history, the lender will require you to have a guarantor to secure the loan. But, what if you can’t find a guarantor? What if there is no one willing to promise to shoulder your loan when you can no longer pay for it? Other lenders may require you to have a loans security such as your house, vehicle or any asset you own that is valuable. But, what if you are not a homeowner? Or, perhaps you are not willing to put your asset on the line. In this situation, an unsecured no guarantor long-term loan is the most practical option for you. You’ll find a handful of lenders who are still willing to lend you the funds you need despite your poor credit history, but you must be willing to pay a higher interest fee.

This is how lenders compensate the high risk of lending you the money without any form of security or guarantee. In return, you can borrow the amount you need over a flexible term without damaging your credit record further. With a long-term loan for poor credit, you will have the access to a large amount of funds and you will be spreading out your monthly payments. This makes it easy for you to budget your monthly payments and other financial obligations without having a headache. The funds can help you settle other debts, consolidating them into one so that payments and budgeting are a lot easier. You may also use the money to spend for major house renovations, huge occasions such as a wedding, and so on.

We will help you find an unsecured long-term loan that will fit into your budget and circumstances without the need of a guarantor. No need for you to be a homeowner or pledge a valuable asset to take out a long-term loan for poor credit with us. We understand that you want to shop around and compare as much loan offers and lenders as you can. That is why we are here because we will do the search for you. We waste no time and we will provide you with the right lender for you in the quickest possible time.

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More Long Term Loans For You FAQs

Where do I apply?

Many individuals think they will still have to apply for long-term loans in person. However, most direct lenders have simplified the application process in such a way that everything is completed online. This allows you to access your funds far quicker, while also saving you the hassle of visiting a physical location.

Why is my mobile number required?

Direct lenders require a valid mobile number so that they can use it to confirm that you have provided the correct personal information at the time of application. Many lenders will also use your mobile number to contact you directly if there is any additional information they need.

Why wasn’t my application approved?

In many cases, loan applications are declined because insufficient personal information has been provided regarding income, expenses and employment history. If this is the case with your application, you will normally be able to reapply once you are able to provide all of the information that direct lenders need.

How much can I apply for?

The amount of money that a direct lender will be willing to loan to you depends largely on your current income and expenses that you need to cover with each pay cheque you receive. Your expenses will be deducted from your income to see how much you have left over, and a practical loan amount will be calculated by using this information.

Can I obtain new loans in the future?

If you have obtained a loan from a specific direct lender and have repaid it in full, the lender will usually be more than willing to assist you with new loans in the future. Over time, this can help give your credit history a much-needed boost, especially if all payments are made on time.