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

Loans in London – Bad Credit Considered. Apply for up to £5,000 today!

Representative Example: If you borrow £550 over 6 months at a flat rate of 207.6% per annum (fixed) with a representative 1013.3% APR you will make 6 monthly payments of £186.82, repaying £1120.90 in total. Loan term lengths from 1 to 60 months. Multi Month Loans is a licensed credit broker not a lender. Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservce.org.uk

You could receive the money the same day with Multi Month Loans!

Get the cash sent to your account in 15 mins!*

Representative 1013.30% APR

Helping our customers to find a suitable option for bad credit in London.

We use cutting edge technology to match you with a loan provider in just seconds! 

Confidential & Secure

All your details will be securely held and not transferred to third parties without permission.

We Don't Charge Any Fees

You won't find any hidden charges with us. The rate you see is the rate the lender has set.

No Paperwork

All loan applications are processed electronically so no need to sign any documents in the post or in person

UK Site

We are a British company serving UK customers.

Why choose us quick loans

Apply online for a loan for bad credit in London today†

You could get an instant loan decision online up to £5,000 today! The loan application options you can get via Multi Month Loans are designed to make your life easier – sometimes you have an emergency and need that little bit of extra cash to get you by – we’re here to help. Apply via our website and you will be able to see if any of our lenders will accept you for £100 to £5,000 loans (between 1 and 24 months). It’s possible to get your loan on the same day*.

We compare deals from some of the UK’s top lenders to find you a short-term loan – individuals with bad credit are always welcome to apply. We always strive for variety and flexibility – offering loan application options for everyone – even if you have been declined for credit elsewhere.

Our application process has been designed to be as quick and easy as possible – especially for you.

Our aim is to offer loan applications at an affordable rate, it’s that simple.

  • Apply for between £100 to £5,000
  • All credit histories considered
  • No hidden costs or fees
  • No paperwork, one simple online form
  • Same day*, cash loans, 24/7
  • Confidential and secure, 256-bit data encryption
  • 100% free no-obligation quote

Payday Loans

Why choose us quick loans
Payday Loans: Get Cash Online Within the Same Day

Considering taking out a payday loan to help you stretch your budget until payday? Before you go ahead and apply for a payday loan with Multi Month Loans today it’s important to understand both the pros and cons of this type of finance.

Payday loans are unsecured lines of credit that are borrowed for a short-term period, usually until your next payday although this term can be extended.

Once your loan application has been approved, your funds will be deposited directly into your bank account. At the end of your loan term, you must repay your loan in addition to any interest in full.

These loans applications are designed purely for short-term use only and therefore should only be used in one-off circumstances as they are an unsuitable option for repeated lending, and if used this way then they can be expensive.

These loans applications can last as little as a few days, or they can be extended over a number of months. At Multi Month Loans, we offer our customers the opportunity to apply for loans with repayment periods of between 1 to 24 months, depending on your affordability and the amount you need to borrow.

Cash Loans

Personal Loans

Cash Loans in London up to £5k

Cash loans are usually taken out in times of financial emergency. Many applications for small cash loans are used to cover the costs for things such as unexpected bills or the costs of repairs. As the loan amount and terms are short they are ideal for short term cash flow problems.

These loans can cover things such as, but not limited to:

  • Rent and mortgage payments
  • Vehicle maintenance and repairs
  • House and home appliance repairs
  • Private medical bills
  • Utility and maintenance bills
 

At Multi Month Loans we offer cash loans applications, anywhere from £100 to £5,000 for periods of 1 to 24 months (2 years). Some of the most popular amounts that applicants apply to borrow include: £200, £500 and £1,000 loans.

We can provide cash loans applications for as little as a month up to 2 years. How long you wish to repay may depend on how much you wish to borrow. However, whether you wish to borrow for 6 months or 12 months, or on your next payday, we can help.

No Credit Check Loans

Personal Loans

No Credit Check Loans for Bad Credit in London

There are a number of reasons why applicants may search for short time finance without credit checks in London.

Namely, borrowers who have a bad credit history, or what is called a ‘thin file’ credit report, will search for payday loans without credit checks. However, as short term credit is regulated by the Financial Conduct Authority, to provide these loans without the appropriate affordability checks is against regulation. FCA regulations ensure that:

  • That the consumer credit market runs efficiently
  • Borrowers have access to the financial services that they need
  • The best interests and rights of borrowers are protected
  • Customers cannot borrow more money than they can afford to pay back

Unsurprisingly, the most common reason why people look for payday loans with no credit checks is that they have bad credit. As you may know, when your credit rating is not ideal, it can be very limiting when it comes to borrowing money. It can saddle you with high interest, short repayment terms and low loan amounts, or even prevent you from getting approved for a loan, altogether.

Quick Loans

Personal Loans

Fast Loans to Suit Your Needs

Quick loans, also known as ‘fast loans’, are short term loans that are to be used in financial emergencies. Lenders approve and deposit the money quickly so that you can solve your money problems as soon as possible. They are typically used to cover the cost of things such as one-off bills and unexpected repairs. At Multi Month Loans, we provide quick loan applications for amounts of up to £5,000.

Many of us will face some kind of financial problems in our lifetimes. However, when unexpected expenses appear, many traditional lenders can leave borrowers waiting for long periods of time to receive a decision on their loan application. In this case, quick loans can provide borrowers with the funds they need as soon as they need them.

If you need a quick loan you can borrow anything from £100 to £5,000, which will be enough to cover the costs of any short-term emergencies which you may be having such as car repairs, unexpected bills and boiler or home repairs.

While there aren’t any restrictions on what you can spend your quick loan on, there are some things that you should avoid using them for. If you’re struggling to pay off existing debt, for example, then we don’t recommend you take out a quick loan.

Small Loans

Personal Loans

Small Loans in London

Small loans are usually taken out in times of financial emergency. Many applications for small cash loans are used to cover the costs for things such as unexpected bills or the costs of repairs. As the loan amount and terms are short they are ideal for short term cash flow problems.

These loans can cover things such as, but not limited to:

  • Rent and mortgage payments
  • Vehicle maintenance and repairs
  • House and home appliance repairs
  • Private medical bills
  • Utility and maintenance bills
 

If you’ve found yourself in a bit of a financial predicament and don’t know what to do next. Whether your washing machine has broken or whether you need money for car repairs to tide you over until payday, a cash loan could help your circumstances.

At Multi Month Loans, we can provide small loans applications in London for as little as a month up to 2 years. How long you wish to repay may depend on how much you wish to borrow. However, whether you wish to borrow for 6 months or 12 months, or on your next payday, we can help.

No Guarantor Loans

Personal Loans
Loans without a Guarantor for 1 to 24 months

A no-guarantor loan is one signed without a guarantor. In the absence of a guarantor, the borrower is fully responsible for repayment of the loan. Having no safety net means lenders consider the borrower a higher risk, which can lead to higher APRs than guarantor loans.

These loans are for people who would rather not be dependent on a guarantor and would prefer the responsibility of the loans. This means that no relationships are damaged should you fail to make repayments, as the borrower is the only person responsible.

In order to be considered eligible for finance in London, you must meet the minimum requirements:

  • 18 years of age or older.
  • A UK resident.
  • Have a regular monthly income.
  • Have an active UK bank account.

Having a regular income and a good credit rating will make it easier to get a cash loan with no guarantor, but lenders are usually flexible and could accept applicants with bad credit.

6 Month Loans

Personal Loans

6 Month Loans: Borrow up to £5,000 in London

Payday loans are suitable for some people, as they are repaid in 30 days, but others may prefer to spread the cost of borrowing over a longer short term period, such as six months. A six month loan is a great option in many situations, but there are a few things you need to think about first.

Six-month loans are short-term loans that are borrowed and repaid over a set period of six months. They are typically used to cover living expenses such as rent and bills. Loans of this type spread the cost of the loan and the interest over six equal payments.

It is common for applicants to worry that their poor credit history will prevent them from borrowing money.

There are still lenders who will offer you credit if you’re looking for a cash loan for 6 months. APR and interest rates may be higher for applicants with poor credit ratings, therefore, you should always consider this when making your decision.

Some of the amounts most applied for by applicants include £100, £200, £500 and £1000 loans.

12 Month Loans

Personal Loans

London 12 Month Loans

A 12-month loan is a short-term loan, which is borrowed and repaid within a fixed period of 12 months. Applicants will repay the money borrowed in fixed monthly installments along with any interest or fees charged by the lender.

You can use 12-month loans to cover expenses such as unexpected bills, home improvements and repairs, or appliance replacements.

There are a variety of lenders offering 12-month loans, including short-term lenders, banks and building societies, and some payday lenders, so you can apply in a variety of ways.

To apply for a loan with Multi Month Loans, all you will need to do is to fill out an online application form with some personal and financial details. Once your application has been submitted and approved by a lender, you could receive your loan in as little as 24 hours.

Multi Month Loans are a tech platform, consciously helping you to find a suitable short-term loan.

Loans for people on benefits

Personal Loans

Need a loan while on benefits?

By assisting applicants in finding suitable short term finance deals, we ensure you are matched with a lender on our panel that best suits your needs. We guarantee a quick and easy application process, and all of the lenders we work with can transfer funds in as little as 24 hours.

In the event that you receive income support, such as universal credit or disability benefits, you may have difficulty obtaining a loan from a bank or building society. However, some short-term loan lenders may be willing to lend you money, subject to your credit rating and affordability.

Generally, unemployed or state-benefit customers need to borrow from a lender or broker who specialises in finding them such financing. Interest rates and APR may vary depending on the lender, so check your terms and conditions beforehand.

If you’re looking to borrow money and claim benefits, here’s how we at Multi Month Loans may be able to help. We provide a range of different loan applications for amounts of up to £5,000 for 1 to 24 months. 

How to Find Bad Credit Loans in London: Three Steps

Time Needed : 5 minutes
Check these steps to find out how easy it is to apply for a loan at Multi Months Loans!
  • 1. Apply using the form

    Applying through Multi Month Loans is always quick and easy. It only takes 1-2 pages to apply. You can apply on the go or from the comfort of your own home. Even betteryou won't have to make any calls or fill out any paperwork.

  • 2. We search our panel of UK lenders

    By searching a large panel of UK lenders in real-time, we are able to provide you with an instant decision. You will find out whether or not you have been approved within seconds of applying.

  • 3. Getting the Cash

    Most lenders will deposit the cash directly to your account within 24 hours! There are no fees and no paperwork to fill out; apply for loan options up to £5,000 today!

Tools
  • 1. Internet connection
  • 2. Mobile, Laptop or Tablet.
Material
  • 1. Online form

Frequently Asked Questions:

  • 1. How much can I borrow with bad credit in London?

    The lenders we work with offer applications from £100 - £5000. As you can borrow in £100 increments, you can customise your loan plan and borrow money to fit your situation. Please note that although individuals with bad credit are welcome to apply, we cannot guarantee that a lender will accept your application. All applications are subject to approval from the lenders on our panel.

  • 2. When will I receive my loan for bad credit?

    Typically, lenders can approve loans within 15 minutes, which means your money can be deposited into your bank account on the same day you apply. Please note that although individuals with bad credit are welcome to apply, we cannot guarantee that a lender will accept your application. All applications are subject to approval from the lenders on our panel.

  • 3. Why choose Multi Month Loans for bad credit loans in London?

    ‘We offer short-term finance applications in the UK, and our application process is designed to make your life easier. Whether you have bad credit or need help covering an unexpected bill, we may be able to help. Please note that although individuals with bad credit are welcome to apply, we cannot guarantee that a lender will accept your application. All applications are subject to approval from the lenders on our panel.