Short Term Loans are expensive and should only be used for short term borrowing. Make sure you understand the costs before you apply.
If you already have a Short Term Loan do not automatically take out another as cheaper options may be available
Loan Amount
Up to £500
Apr Representative
68.7%
Monthly Repayments
-
Total Repayable
Representative Example: Borrowing: £500 Interest: 0.8% per day for up to 40 days (292% per annum, variable) Representative: 68.7% APR (variable).
SafetyNet Credit’s revolving credit line offers an alternative to short term finance options. Providing credit limits of up to £500 (£1000 for existing customers), you only need to apply once and if approved your credit limit will be available to use whenever you need it. Rated 9.2 out of 10 on TrustPilot.
| Upfront Fees | No fees |
| Late / missed payments | £12 plus interest |
| Early repayment charges | No charge |
| Instant decision | Yes |
| Your work status can be | Employed |
| Your Payday can be | Any |
| Loans in increments of | 10 |
| Age range accepted (years) | 18 - 65 |
Loan Amount
£80 to £1000
Apr Representative
1281.8%
Monthly Repayments
£98.56
Total Repayable
Representative Example: Total amount of credit £80, duration of the agreement 29 days, rate of interest 292% per annum (fixed), total amount payable (in one repayment) £98.56. Representative 1281.8% APR.
Established in 2009, 247Moneybox is an innovative next-generation finance company based in central London. Our goal is simple; we want to provide a more flexible and convenient way to solve short-term money needs. A 'one size fits all' model that some more traditional credit providers take can be frustrating. That’s why we take a different approach and make the entire process as clear and transparent as possible. (Returning customers can borrow up to £800).
| Upfront Fees | £0.00 |
| Late / missed payments | £0.00 |
| Early repayment charges | £0.00 |
| Instant decision | Yes |
| Your work status can be | Employed |
| Your Payday can be | - |
| Loans in increments of | £10 |
| Age range accepted (years) | 18 - - |
Loan Amount
£100 - £1000
Apr Representative
1270%
Monthly Repayments
£310.00
Total Repayable
Representative Example: Amount of credit £250.00 for 30 days, Total amount payable £310.00, Interest rate 292% (fixed), Interest £60.00.
PiggyBank offers short term loans and instalment loans between £100 - £1000, and up to £1500 for returning customers. Our simple and convenient loans can be borrowed from 7 days up to 5 months. PiggyBank is committed to providing responsible financial solutions to cover the unexpected: we’re a short term lender, but much more human.
| Upfront Fees | £0.00 |
| Late / missed payments | £15 after 3 days |
| Early repayment charges | £0.00 |
| Instant decision | Yes |
| Your work status can be | Employed, Self-Employed |
| Your Payday can be | - |
| Loans in increments of | £10 |
| Age range accepted (years) | 18 - 65+ |
Loan Amount
£200 to £1000
Apr Representative
1239.2%
Monthly Repayments
Vary
Total Repayable
Representative Example: Borrow £400 for 6 months, repay with 6 payments — payment 1: £162.66, payment 2: £146.46, payment 3: £130.57, payment 4: £114.67, payment 5: £98.47, payment 6: £82.57. Rate of interest 0.80% per day on outstanding capital. Total repayable £735.40 (based on 30 day periods). Interest rate 292% per annum (fixed). Representative 1,239.2% APR. Maximum APR 1,462.3%. Loan terms available between 3-6 months.
Mr Lender offers short term loans ranging from £200 to £1,000 over 3 - 6 months.
| Upfront Fees | £0.00 |
| Late / missed payments | £0.00 |
| Early repayment charges | £0.00 |
| Instant decision | Yes |
| Your work status can be | Full or Part Time Employment |
| Your Payday can be | Any |
| Loans in increments of | £50 |
| Age range accepted (years) | 18 - 65 |
Loan Amount
£100 to £1,000
Apr Representative
720%
Monthly Repayments
£117.83
Total Repayable
Representative Example: Borrow £400 for 6 months. Total repayment £707.01 in 6 monthly payments of £117.83. Interest p.a 229,95% (fixed). Representative 720%APR
Peachy is a financial services company specialising in short-term loans for those who need a little helping hand in life. Established in 2010, Peachy’s mission was to avoid the cynical and unscrupulous tactics used by existing short-loan lenders; providing responsible financial support for life’s unforeseen circumstances.
| Upfront Fees | £0.00 |
| Late / missed payments | £15.00 |
| Early repayment charges | £0.00 |
| Instant decision | Yes |
| Your work status can be | Employed, Self-Employed |
| Your Payday can be | Weekly, Bi-Weekly or Monthly |
| Loans in increments of | £10.00 |
| Age range accepted (years) | 18 - - |
Loan Amount
£300 - £1,000
Apr Representative
1297%
Monthly Repayments
£173.41
Total Repayable
Representative example: Borrow £500 for 5 months. Interest payable £367.05. Total amount payable: £867.05 in 5 instalments. 5 payments of £173.41. Representative 1297% APR. Interest rate 292% per annum (fixed). First repayment in 23 days.
QuidMarket is a Direct Lender providing short term instalment loans and payday loans
| Upfront Fees | £0.00 |
| Late / missed payments | £0.00 |
| Early repayment charges | £0.00 |
| Instant decision | Yes |
| Your work status can be | Employed |
| Your Payday can be | Any |
| Loans in increments of | £50 |
| Age range accepted (years) | 23 - 65 |