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

How it Works

How it Works

Applying for a loan with us is a quick and uncomplicated process, but just so you know how we work, here’s how our application step by step of the entire application procedure –

Step 1:

Submit your application form

To start out, the first thing you will be asked to start the application process will be to fill out an application form. Our application process is designed to be both quick and efficient. You can apply for our loans from the comfort of your very own home, or from anywhere on the go, all providing that you have an internet connection. And the best part? There’s no need for any pointless phone calls or paperwork, allowing you to proceed quickly to the next step in the process.

Step 2:

Receive your instant loan decision

After you have submitted your application, we will then search the largest panel of lenders within in the UK in real time, so that we can deliver your instant loan decision as quickly as possible. Within just seconds of you applying, you’ll be able to know if one of our lenders have accepted you. Unlike more traditional forms of lending, our lenders are able to accommodate loans to people from all different backgrounds and a range of different credit scores, so there’s an available option for everyone.

Step 3:

Access your loan

As we never charge any fees for our services, and there’s no additional paperwork for you to complete, once you have received your instant decision our application process is complete, you should find that the majority of our lenders will be able to deposit the funds straight into your bank account, within just 24 hours of you making your application.

Applying for a loan of up to £5,000 has never been so quick and easy with Multi Month Loans!

Am I Eligible to Apply?

In order for you to apply for a loan with us, you’ll have to ensure that you qualify for the following criteria:

  • 18 years of age or older
  • Be a UK resident
  • In employment with a monthly income of more than £750
  • Have a Valid UK Bank Account

Representative Example

Representative Example
Annual Interest Rate
Total Amount of Credit
Representative APR
Duration of Agreement
Total Amount Repayable
Total Charge of Credit
Monthly Repayments of

What if I Can’t Repay My Loan?

Implications of non-payment

Lenders will follow their own policies and practices when it comes to fees and interest if you fail to make your repayments on time. Generally, most of them will contact you via telephone, email or by letter to rearrange any payments. However, it is vital for you to remember that late or missing payments can lead to additional charges and interest, which will impact your credit. It is essential for you to read the lender’s website for details on chargers or additional fees before finalising your loan.

Collection practices

Lenders will usually contact you by telephone, email or letter to arrange payments, as non-payments can lead to additional charges and fees, severely impacting your credit. If you repeatedly fail to make your repayments, there is a possibility of your debt being passed onto a collection agency and occurring additional consequent charges.


Be sure to contact your lender well in advance if you wish to renew your loan. You will most probably be charged the exact same rate of interest and fees for the next month on the entire loan amount. The loan renewal/extension process is automatic and will lead to higher interest and charges in the event of non-payment.

For additional information on our loans and application process, please consult our FAQ page.