Eligibility Criteria
You must be over 18 years of age and in full time employment.
You must be a UK resident with an active bank account and debit card.
You must be employed full time or part time or self employed with a minimum take home pay of £1000 per month.
All loans are subject to credit and affordability checks.
REPRESENTATIVE EXAMPLE:
Amount of credit £2,000 for 24 months. Interest rate: 41.2% pa (fixed). 24 scheduled monthly payments of £123.64. Total amount payable: £2,967.43 Representative 49.9% APR.
WARNING: Late repayment can cause you serious money problems. For help, please visit the Moneyhelper website.
This loan may be suitable for you if:
- You want a loan of between £1000 to £5000 for between 1 and 5 years
- You want a competitively priced loan and you have poor credit
- You want to manage your account online
This loan may not be suitable for you if:
- You are looking for a short term loan
- You already have outstanding payday loans or short term loans.
- You are already in financial difficulty and wouldn’t be able to repay the loan.
How it works...
Apply to 118118 Money using the form below. Applying won't affect your credit score^
118118 Money will give us an instant decision and, if accepted, you’ll be sent to their website to finalise your loan
If 118118 Money decline your application, we will try our other lenders to see if we can get you a loan elsewhere
If another lender accepts your application you’ll be redirected to their website
^In order to assess your suitability for a loan, lenders may perform a soft credit check, this does not harm your credit score and is not visible to other lenders. If you accept a loan offer, you will be redirected to the lender and they may ask to perform a full credit check.
Start your application to 118118 Money below...
About 118118 Money
118118 Money are one of the UK’s longest established personal loan lenders and they offer fair and affordable loans to those who are often overlooked by mainstream lenders.
The whole process of applying for a loan and receiving your funds is completed online, there’s no paperwork to send back nor phone calls from the lender. You can borrow from £1000 to £5000 over 1 to 5 years.
Applying
All UK residents over the age of 18 are eligible to apply for a 118118 Money loan and the application process is completed completely online.
118118 Money is able to consider applications from most people, including those with some history of poor credit. They have already helped over 800,000 people get access to the credit they need.
The great thing about applying on allthelenders is that if 118118 Money cannot accept your application then we will search our comprehensive panel of lenders to see if any other lenders will accept you, saving you time and helping you to get the loan that you need.
Repaying a 118118 Money Loan
Your loan will be repaid over the period that you requested when applying, from 1 to 5 years.
Once you have repaid your loan, subject to credit and affordability checks you may be eligible to borrow again and you may be offered a higher amount.