Check your loan eligibility before you apply

Loans available from 2 to 36 months. The APR for loans across our site range from 11.8% for personal loans to 1437% for payday loans. Loan rates are dependent on the loan term & personal circumstances.

* Eligibility checks involve a soft search of your credit file and there is no impact on your credit file at this stage. Loan lenders may perform a hard search prior to making a loan offer. Representative 68.7% APR (variable). Representative Example: If you borrow £500.00 over 6 months at a Representative rate of 68.7% APR and an annual interest rate of 292% (variable), you would pay 6 monthly instalments of £96.80. The total charge for credit will be £80.78 and the total amount payable will be £580.78.

Eligibility Test

FAQ

The loan eligibility checker on allthelenders will guide you through a quick application and tell you at the end of the process which lenders are most likely to accept a loan application from you based on the information you provide.

We will ask you a series of questions about your personal circumstances and finances and then, coupled with a soft search of your credit report, we will provide you with a list of lenders that would or would not accept an application from you.  Consider it a preview as to what would decision you would get if you applied to lenders directly, but this way it doesn’t harm your credit score and you get to see multiple lenders decisions at the same time so you can get the best deal.

No, we do not run full credit checks.  We will perform a soft search which gives us a snapshot of your financial history.  We then use this information, coupled with the information you give us in your application, to match against a panel of more than 30 different lenders and we will then tell you their decision about whether or not they could lend to you.

Not necessarily, no.  We work with a large panel of more than 30 lenders and whilst some of these are guarantor lenders, the majority are not and offer unsecured personal loans.

There are 2 main reasons that using our loan eligibility test is a good idea.  Firstly, you can see which lenders will accept you without making multiple applications and all without affecting your credit score, so you’ll get the best deal possible.

Secondly, some lenders we work with are only available through our loan eligibility service and do not take applications directly, so you would never have even know they existed and they may just give you a better deal than anyone else.

Absolutely.  We work with a panel of more than 30 different lenders and the vast majority of these specialise in working with customers that have some bad credit history.  You have nothing to lose by using the test and you may get the loan offer that you need.

A soft search of your credit report is not visible to any lender or credit provider and will not affect your chances of getting credit.  It is important to remember, lenders will perform a full credit check before making a final offer of a loan and this will be recorded on your credit report.

You will need to answer a series of quick questions about you, including your contact details, personal information and your current financial situation.  It is very important that you are honest and complete the questions in full in order to get the most from this service.  At the end of the form, we will give you a list of decisions from the lenders that we work with.  The application will take just a few minutes to complete.

At the end of the test you will see the decisions that the lenders we work with have given us about your application.  You will then have the option to choose the lender that you wish to proceed with based on the information we provide.

If a lender is unable to consider you for the amount you requested, but may consider you for a lower amount, we will let you know this.  Some lenders you will need to apply with directly and some we will be able to transfer all of your details across to so this will save you time.

Of course, you do not need to use any of the lenders that are suggested and you may simply leave the test.

This is dependent on your personal circumstances and your credit history.  Whilst many of our lenders work specifically with customers that have bad credit, if you have multiple defaults and CCJ’s you may find your options are more limited.  We would recommend trying the test to see which lenders would accept you.

You can make the decision based on the information we provide to you, including the amount they can lend you and the cost of the loan.  You are also free to proceed to as many lender websites as you wish to find out more about them and make your decision from there.

Please remember, we thoroughly check all lenders that we work with and they are all authorised and regulated by the FCA.

allthelenders has chosen to partner with Choose Wisely Limited to provide you with this loan eligibility service.  Choose Wisely Limited collects and maintains any data that you provide in this eligibility checker.   allthelenders does not process, retain or sell your data. You can find the terms for Choose Wisely here.

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