Credits in United Kingdom

Short-term, Consumer loans in the United Kingdom
Loans up to 60 months and up to £10,000

Personal loans in the UK are offered by banks and online lenders, while this page lists brokers who match your application with a lender. Payday loans and small loans over a few months fall into the high-cost short-term credit category, and their cost is capped by the regulator, the FCA. Before lending, the lender checks your credit history with one of the bureaus — Experian, Equifax or TransUnion. Many services start with a soft search that other lenders cannot see, and run a hard search only when the loan is being arranged.

×thldirect

THLdirect

Consumer credits, broker
Website: thldirect.co.uk

Amount: 100–5000 £
Term: 1–60 months
Interest: 9.3–1721 % APR
Age: from 18 years

get a credit

apply for a loan

Example: Amount of credit: £1000 for 12 months at £123.40 per month. Total amount repayable of £1480.77 Interest: £480.77. Interest rate: 79.5% pa (fixed). 79.5% APR Representative. Rates from 9.3% APR to max 1721% APR – your APR will be based on your personal circumstances. Subject to lender’s requirements and approval. After receiving your completed application, and on loan approval, our direct lender partners can offer same day funding. Funds are paid directly into your bank account. Our direct lender partners practice responsible lending and in turn operate a flexible payment structure.

You don’t need to have a perfect credit rating; we carry out many checks to make sure the loan is affordable.

×fancyapayday

FancyaPayDay

Consumer credits, broker
Website: fancyapayday.co.uk

Amount: 100–5000 £
Term: 1–60 months
Interest: 9.3–1721 % APR
Age: from 18 years

get a credit

apply for a loan

Example: £500 for 6 months at £106 per month. Total amount repayable of £640. Interest: £140. Interest rate: 91% pa (fixed). 91% APR Representative (fixed). Rates from 9.3% APR to max 1721% APR – your APR will be based on your personal circumstances. Our process for your application is fast and consistent. With the latest in safety and security we protect the privacy of your information. If you qualify you can receive your funds today! Your time is valuable and we deal directly with the lenders. You could receive funding into your account in hours. Just fill out an application.

Those who qualify can receive their funds today! You may be able to receive funding to your account in hours—not days or weeks!

Bank account, online banks in the United Kingdom
Debit card, business card

This section covers business accounts for freelancers and small companies, plus a card for travelling abroad. Some of these services are not banks but e-money institutions: they keep client money separate from their own, but the FSCS deposit protection scheme does not cover it. Look at the monthly fee, charges for transfers and currency exchange, and how many cards and users the plan includes.

×anna.money

Anna.Money

Online bank, business account
Website: anna.money

Included: Mastercard
App: Anna
Fees: 0–59.90 £ per month
Registration: 10 min.

open account

view offer

ANNA Money is the business current account for startups, freelancers and creative types. Account set up takes less than 10 minutes, and your business debit card will be on the way the same day. Try ANNA free while you’re starting up. You only need the app and ANNA debit card to make full use of all ANNA’s features, so say goodbye to branch visits and paper forms. Create professional invoice PDFs in an instant. Just chat us the details and we do the rest. Regardless of the chosen plan, if you don’t use your account one month, you don’t pay the monthly fee for the next one.

ANNA doesn’t offer credit, which means our process is different by design – it’s fast, and applying won’t affect your credit score.

×wallester

Wallester

Online bank, business account
Website: wallester.com

Included: Visa
App: Wallester
Fees: 0–999 £ per month
Activation: 10 min.

open account

view offer

Facilitate financial management. All-in-one solution to control corporate spending. Get access to the multi-functional Wallester Business platform absolutely free. All key functions for £0 a month. Issuing corporate cards. Cutting-edge API for easy integration. Expense control services. Automated reporting. Streamline your business’s financial processes now — start for free or choose a suitable tariff plan. Set up payment request function, reconcile expenses online, and make payments delay-free. You’re one click away from optimizing your finances. Fast, secure, and hassle-free.

Manage company budget and get detailed reports on flow of funds in real time.

×currensea

Currensea

Debit travel card
Website: currensea.com

Included: Mastercard
App: Currensea
Fees: 0–12.50 £ per month
Registration: 5 days

get a card

view offer

The UK’s top rated travel debit card. By removing exchange markups on foreign currencies, you can save up to 85% on FX fees compared with typical high-street banks charges. Currensea works with your existing bank, so you can spend and save abroad without ever preloading or transferring funds. Download the app and securely connect your existing bank account to your new card. We’ll send you instant notifications and emails with the cost of your transaction in GBP and local currency. Your card typically arrives within 5 working days, ready to add to your physical and mobile wallet.

Currensea saves you money against all the major high street banks, travel and prepaid cards.

Financial assistance in the United Kingdom
Financial companies, consultants

Credit builder services help people with no credit history or a damaged one: small regular payments are reported to the credit reference agencies and gradually raise your credit score. You can check your score with the agencies for free. If debt has already become a problem, free help is available from charities such as StepChange and from the government-backed MoneyHelper service.

×paveapp

PaveApp

Credit building
Website: paveapp.com

Credit rating: improvement
Credit rating: building
Price: 9 £ per month
App: Pave

visit website

view offer

Build healthy credit. Credit building in partnership with all major Credit Reference Agencies in the UK. Get started in just 3 minutes! We analyse your credit file to suggest actions that could help improve your score. We connect to your bank accounts and remind you when bills that might impact your credit score are coming up to help you make on-time payments to protect your credit score. Your credit history makes up 35% of your credit score. Pave helps improve your credit score by sharing your payment history with Credit Reference Agencies. Pave helps improve your credit.

PaveApp offers a simple way to build your credit score through a single membership fee, with no credit checks.

Investing in the United Kingdom
Investments in real estate, loans, furniture

Alternative investments promise higher returns than savings accounts, but they are not deposits: the FSCS does not protect them, and your income depends on how the company and its customers perform. The stated return is a maximum, not a guarantee, even if the advert talks about protected capital. Invest only spare money and don’t keep all your savings in a single project.

×enky

Enky

Investing in furniture
Website: enky.com

Amount: from 500 EUR
Term: 12–120 months
Interest: up to 9 %
Start: from 100 EUR

open account

view offer

Invest in sustainable furniture and earn up to 9%. Enky Invest offers different types of alternative investments, from 500€ and with solid returns. With us, your investment is secure, based on a tangible asset – and your capital is guaranteed. An attractive return: earn 7 to 9% annually. A fast growing market: high demand for sustainable furniture. A positive environmental impact: finance circular furniture. Unlike crowdfunding or fractional property platforms that transfer risk to the final investor, Enky absorbs the risk of customer default by offsetting it against its own margin.

Our mission is to provide innovative alternatives to fast-furniture, that are so good people will want to change.

How to choose a loan in the United Kingdom
Representative APR, price cap and brokers

Borrowing in the UK is supervised closely by the Financial Conduct Authority: every lender and broker needs its authorisation, adverts must show a Representative APR, and short-term credit has a strict price cap. On small loans the APR can look alarming, so the total repayable tells you more. Before applying, three questions are worth answering: what Representative APR means, how much a short-term loan can cost and how to recognise a trustworthy broker.

What does Representative APR mean?

It is the rate that at least 51 % of approved customers receive, so you may be offered a higher one. APR (annual percentage rate) is interest and mandatory fees converted to an annual rate, and in adverts lenders show the Representative APR. On short-term loans the APR looks huge (hundreds or even thousands of percent) because a small charge over a month is annualised. That is why, for such loans, the total amount repayable matters more.

How much can a short-term loan cost at most?

No more than the amount you borrowed on top — in total you will never pay back more than twice what you borrowed: since 2015 the FCA has capped the cost of high-cost short-term credit. Interest and fees may not exceed 0.8 % of the amount borrowed per day, and default fees are limited to £15. Adverts for these loans must carry a warning about the risks of late repayment and point to free help from MoneyHelper. Before lending, the lender must check that you can afford the repayments (affordability check). Every hard search stays on your credit file, so avoid making many applications in a row and use services with a soft search.

How do you spot a reputable broker?

By FCA authorisation and the absence of upfront fees: in the UK credit brokers must be authorised by the FCA, which you can check in the FCA’s Financial Services Register. Brokers do not lend themselves; they pass your application to partner lenders. A reputable broker does not ask for an upfront fee: if you are asked to pay before receiving a loan, walk away. Brokers are marked “broker” in their lender cards.

Important information
Loans and liability

Lending in the UK is regulated by the Financial Conduct Authority (FCA), and borrowers’ core rights are set out in the Consumer Credit Act 1974. You can withdraw from a credit agreement within 14 days by repaying the money plus interest for the days you had it. Complaints about lenders and brokers are handled free of charge by the Financial Ombudsman Service. This page is for reference only and is not an invitation to borrow or invest; AllCredits is not responsible for the consequences of dealing with these companies. Missed payments will damage your credit history and can end in a County Court Judgment (CCJ), which stays on your credit file for six years.

AllCredits is an information catalogue: we do not lend money, open accounts or sell investment products. Most links on this page are affiliate links — if you sign up for a product after clicking, the company may pay us a commission, but this does not change your terms. The UK section is still small and brings together brokers, financial services and an investment platform; the order of the lender cards does not mean some are better than others. We have no rating for the United Kingdom. Changes to the list are shown in the “Latest updates” block. The details in the lender cards come from the companies’ own materials; check the current terms on their websites before signing.