Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

A short-term loan can provide useful access to cash during unexpected emergencies. As a broker, we can help you arrange loans from £100 to £5000, with repayments spread across 12 months. If you borrow below £1000, instead of opting for a 12-month loan, it is possible to arrange terms of 3 or 6 months. Although, for amounts above £1000, instead of a 12-month loan repayment period, it is possible to arrange terms of up to 36 months.

Secure the best rates for your 12-month loan

If you are looking for a 12-month loan, as a broker we can match you with the lender which is most likely to approve your loans. We have partnered with a panel of lenders across the UK, which have a reputation for providing competitive personal loans. The interest rates offered will depend on your individual financial situation. The lower the risk of lending to you, the more competitive your loan will be.

Simply enter your details into our convenient FastCheck tool and we will calculate your chances of being accepted. If our system shows that you are likely to be approved, you may decide to proceed with obtaining a quote for your 12-month loan. We will pass your information across to the lenders who will conduct a soft search of your credit file, which will be used to calculate the interest amount.

How do I apply?

If you decide to apply for the loan, the lender will then complete their checks and carry out a hard check of your credit file. All lenders which are approved by the FCA must conduct a credit check, but we do have lenders on our panel which provide loans to those with poor credit files.

At this stage, our process will have matched you to the lender most likely to approve your loan. It is our aim to find you the most competitive 12-month loan, with the highest chance of approval. The whole process is very quick, and your 12-month loan could be released in minutes.** Although, the final funds availability will depend on the processing speed of your bank.

Is a 12 month loan the right option?

Whether you have an unexpected bill, an essential purchase or an emergency, a 12-month loan could help. We know that in many situations it can be difficult to access the cash you need quickly, which is why our loan application process is designed to be simple, quick and smooth.

However, if you have been struggling financially, it is important to consider the implications of borrowing a 12-month loan. If you are unable to meet the repayments for your loan, you will fall into arrears and this will have a negative impact on your credit file. If you would like more advice, before you apply for a 12-month loan, organisations such as Step Change and The Money Advice Service will provide free advice.

Try our FastCheck tool with no impact to your credit score

Our tool allows you to calculate your chance of being accepted for a loan.

You are age 18 and a UK resident

You have a regular income from employment

You have a valid UK bank account with an active debt card