12 month loans

Warning: 12 month payday loans will result in significant costs but it does normally mean you’ll get a better interest rate than a quick 3 month loan for example. Payday loans are designed to be paid off quickly so always keep an eye on the interest rate. It would be worth looking at the possibility of borrowing for a shorter period of time and repaying more per month. If you can’t afford that, then the best thing to do is borrow less money to avoid paying so much in interest.

If after reading this you still feel you need a loan and can afford it, the best option is to send us an application so that we can put it in front of our lenders as quickly as possible. They will then give you a comprehensive list of decisions and there may be offer to select from.

What are the best options for a 12 payday month loan with no credit check from direct lenders?

The first thing to point out here is that there is no such thing as loan with no credit check. Lenders are required to credit check your application based on guidance from the Financial Conduct Authority regarding responsible lending. If you are looking for a loan with no credit check because you have poor or no history to borrow money at all then don’t worry. There are still options available to you because lenders of this type of loan do not check your credit score and use it in the same way to come to a decision. They will assess your current ability to repay a loan without getting into financial issues as well as ensure you will be comfortable after paying for essential bills. You must be able to demonstrate you can clearly afford the loan and that essential bills will not be impacted. If you can do that, and you meet the basic loan eligibility criteria, you’ll be considered for a loan. This is how the best payday loan providers will try to work.

Who can help me find  12 month payday loans from direct lenders?

We can. We will be more than happy to place your information in front of a panel of lenders and direct lenders who will be more than willing to review your application carefully based on your financial position. It’s possible that you can apply for a 12 month payday loan from a direct lender and still end up with a broker as they may pass the enquiry on if they don’t feel they can help. Someone else may be able to take the enquiry up if they have different assessors that come to a different decision on your application. So it makes plenty of sense to pop us an enquiry and get the application out there quickly.

Will I be able to get a monthly bad credit loan with no guarantor?

It is completely up to the lender to calculate your viability of receiving a 12 month loans with bad credit if you are looking for a loan with no guarantor. Your loan application can certainly be considered and it would have to meet the lenders financial requirements to be approved. Don’t worry too much about your bad credit, focus on being truthful about your current situation and its possible you might still get a loan offer.

Compare monthly loans

Borrow money – how much?

Short term loan -length?

Monthly APR example Representative 1266%

Loan total

Monthly repayment

Is this a bad credit loan?

£500 loan

12 months 12% £968.62 £80.72 Bad credit can apply

£1000 loan

12 months 12% £1937.24 £161.44 Bad credit can apply

£2000 loan

12 months 12% £3874.48 £322.87 Bad credit can apply

What are the alternatives to monthly loans same day payout?

If you are looking for alternatives to payday loans or monthly loans then there are a couple of avenues you could pursue. Firstly, if your credit is good enough then head into a bank for an overdraft or personal loan. These are normally considerably cheaper than this type of high interest credit. If your credit rating isn’t great and the purpose of this loan is to consolidate debt, perhaps it might be better just to try to renegotiate with your creditors directly. Borrowing to cover debt is a potential spiral out of financial control. If you still need money then you can consider asking for work an extra shift or hours. While this isn’t an instant loan, it is probably the best way or alternative to a 12 month loan with same day payout.

What can I do if I get into difficulty with my loan?

If you get into difficulty with your loan the first thing to do is act on it. Do not let the problem get worse and fortunately the UK has plenty of options for help with debt. One of the best places to start with debt management is the stepchange.org website. They will help you in dealing with debts and understanding your rights. No payday loans lenders can get it right every time and you cannot be expected to know of unforeseen issues arising financially so if you experience problems paying payday loans then contact the lender or Money Advice Services