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£100 - £1,000£1k - £25k

Borrow £250 to £3,000


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

Short Term Loans

£250 – £3,000

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

Personal Loans

£1,050 – £3,000

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

Small Long Term Loans – Even For Bad Credit

Key Features

  • Smaller loans often have higher acceptance rates, but usually need to be paid off more quickly.
  • A longer term small loan can help you manage monthly repayments.
  • If you have bad credit, you could still be eligible to lend money.

Your past may be full of financial difficulties and banks may be turning you down, but that doesn’t mean you need to throw in the towel on getting any finance that you need. You can still find a long term loan, even with a previous poor history.

Your best bet for a long-term agreement while having bad history would be to find a guarantor to consign the agreement for you, but even if that’s not possible, there are still long-term deals for bad credit with no guarantor needed.

Borrow anything from £100 to £25,000 today.
Quick online application takes minutes.

Loan Options Available

There’s always options open to you when applying for instalment loans, you should discover what they are. While a guarantor would help your case and make it easier for you to get that long term when you have poor, it is not the only way. You must understand that there won’t be as many long-term loans open to you if your score is poor, but there are still some possibilities. You’ll have to go outside the banks for that kind of money, though. Even your own bank where you do business is going to turn down your application because of your poor credit. They want someone who won’t be a risk to them, and your rating tells them how much of a risk you are.

So, you should be looking for lenders who either won’t check your score or who will still give you a cash regardless of your rating. If they do check your score, then they are going to penalise you for a bad score. That means your interest rates may be higher and you may be denied for certain types of finance.

You are less likely to be approved for a long-term unsecured finance agreement than a short-term cash when you suffer from a poor history. However, if you’re sure you need a long-term loan, you will just have to do more searching. Not all the lenders offering a long-term loan to you without a guarantor attached will be offering you terms you will find acceptable. You don’t like the terms, then don’t agree to them. Keep looking until you find a agreement that fits your budget. Just know that your options are limited when you search for long terms for bad credit with no guarantor.

How To Protect Yourself With Small Term Finance

Before you sign up for any cash, you must know for sure what the terms state. You must know what’s expected of you, how long have to repay the monthly payments and how much you will be paying. Providing you pay back the agreement easy and faster than the agreed upon terms state, then you can save yourself some money in interest. You at least need to keep to the minimum payments, though. You may not be able to repay the loan all at once, and that’s okay. Your scores will still be maintained just by keeping up those minimum payments.

If you fail to make the payments on time, then it is going to hurt your rating and make you less likely to be eligible for cash in the future, as well as other financial opportunities at cheap rates.

Start making payments on the agreement and you see that you will be late on a payment or not be able to make a payment, then you must get help right away. Talk to the lender and see about renegotiating the terms of the finance or try to get some money from some source outside your regular income. Whatever you do, don’t let this new agreement hurt your rating further.

Borrow a Small Amount for a Longer Repayment Period

It’s not always necessary for you to borrow large sums of money when you only need a few pounds to cover some emergency expenses. Most small loan lenders out there require you to pay back the loan after a few months. However, when you are tight on budget, you sometimes need a longer repayment period even for a small amount of loan. If you find yourself in this situation, we can definitely help you. When your credit history is not looking so good, you will have to borrow from lenders offering bad credit loans. If putting up a loan security or having someone to guarantee your loan is not possible for you, then a small, unsecured long-term loan is your most viable alternative. Beware that the loan cost will be much higher, but it is your best option because you know that banks and most lenders would usually deny your loan request. Long-term loans usually have smaller monthly repayments. All the more when you will only borrow a small amount.

Even though the total loan cost will be a little bit higher than when it is at a shorter term, but this loan option is more practical for you when you currently struggling financially. This will help you manage your finances well and at the same time, you will be able to pay your loan comfortably. You will be able to make the repayments on time since they are affordable. This way, you will never miss a payment and you will improve your credit score eventually. Many lenders offering long-term loans usually allow you to borrow a substantial amount of money since you will be paying it for a number of years.

Small amounts are ideal for shorter terms such as six months or less than a year. But sometimes, it is wise to just borrow the amount you need. If you are looking for a lender who will let you borrow a small amount at a longer repayment period, we can assist you with your search. We will find a lender who will offer you a flexible loan term at the loan amount you need.

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More Small Long Term Loan FAQs

Will I qualify for small long-term loans?

The only way to find out whether you will qualify for small long-term loans or not is to fill in the online application form. Completing this form is quick, easy and convenient. You will need to give information about income, expenses, employment and other basic personal details so lenders can decide whether they will be able to assist you or not.

How many loans can I get?

Although you may be able to qualify for small long-term loans from more than one lender, you should only apply for and obtain one at a time. It’s essential that you repay it in full before applying for another loan because it will become financially challenging to repay multiple loans at once.

Do I need a guarantor?

No. When it comes to obtaining smaller loans from direct lenders, you will not normally be asked to work with a guarantor. If a guarantor is required for any reason, your lender will inform you at the time of applying for a loan.

What if I make late repayments?

As with any type of loan, late repayments will result in you being penalised with additional interest charges – which can be quite heavy on small long-term loans obtained from direct lenders. As a result, you must ensure that all repayments are made on or before their due dates.

Do I get physical cash?

Most direct lenders don’t deal with physical cash when paying loans out anymore due to security reasons. When applying for your loan, you will need to provide bank details so that funds can be directly deposited into your account instead.