12 Month Loans

Need a 12 month loan? Find it in 3 easy steps here at LoanBird. Here’s how to do it today:

Representative APR: 49.9% | Representative Example: Loan Amount: £1,000 over 12 months at £107.53 per month. Total Repayment: £1,290.36 | Interest: £290.36. Interest rate: 49.9% p.a. Fixed*.

Get A 12 Month Loan With LoanBird Today

Step 1 - Application

Firstly, choose the 12 month loan amount you want and fill in some personal details about your finances.

Step Two - Decision

Once you’ve submitted all your information you will receive a fast decision from our lenders. We’ll show you your options on 12 month loans in the UK from our panel of direct lenders. Just choose the deal that’s best for you!

Step Three - Cash

Finally, once you have accepted the 12 month loan, the lender will send the cash straight to your bank account. Most customers receive the cash on the same day, within 10 minutes.

Quickly Find a 12 Month Loan Here at LoanBird in Minutes

When you’re looking to spread the costs of borrowing over a longer period, a 12 month loan can be an ideal solution, providing plenty of time to repay. Having a year to repay a loan of up to £5,000 can help reduce the amount you need to pay each month as well as ensure you are not holding on to a loan for longer than is needed. Here at LoanBird, we can help you connect with lenders of 12 month loans in no time at all, taking just a few minutes to complete an application. Through us, you’ll have access to over 30 FCA approved direct lenders of 12 month loans, providing a convenient and fast service that provides an overview of offers you are eligible for. Within just a few clicks, you can browse your pre-approved offers and choose the right loan for you.

If you know how much you want to borrow and you have the affordability for a 12 month loan to repay it, click apply now and see which lenders can help you. As FCA authorised brokers, we can connect you with trusted lenders who work to responsible lending guidelines. It’s completely FREE to use our service online and you also won’t need to undergo a credit check to see your offers. This means only a ‘soft check’ will be performed to help show you the lender offers available. No matter your current financial circumstances, whether you have good or bad credit, we can find a lender from our panel willing to help today.

loanbird advising you can get 12 month loans in seconds

The Benefits of Using LoanBird to Discover 12 Month Loan Offers

Quick and easy online application

Find 12 month loans in the UK up to £15,000

Apply for 12 month loans online from anywhere

Instant decision 12 month loan finder

Choose instant 12 month loans, business loans, personal loans and more

Find a 12 month loan with no credit check required

Over 30 FCA authorised lenders of instant 12 month loans in the UK

Instant bad credit loans available

Cash in your account 10 minutes after approval

No brokerage fees – completely FREE to use!

How to Choose the Right 12 Month Loan for You Using LoanBird

The best thing about using a broker like LoanBird is that all the legwork of finding eligible offers is done by us. Rather than searching online and browsing through many different lenders of 12 month loans which can be time-consuming, we can show you what you’re eligible for in minutes with just one application. All you need to do is provide a few details about yourself and the type of 12 month loan you’re looking for and we’ll do the rest. In some cases, customers have been able to find a lender they want to apply through and receive the funds they want within just 10 minutes of signing their digital loan agreement.

We work extremely quickly so that you can browse and review your 12 month loan offers fast, and because you will be pre-approved, you can take your time to decide on the loan you want to continue with. As part of our commitment to our customers, we want to help you make a savvy financial decision on a 12 month loan that is right for you. Rest assured that when you apply with us, your credit score will not be affected further, even if you have bad credit.

Eligibility for a 12 Month Loan

We’ve made the eligibility criteria for 12 month loans simple to follow, allowing us to help more people as brokers. At LoanBird, we are happy to help you find what you need by meeting the following:

At least 18 years of age

A resident in the UK

Hold a UK bank account with a valid debit card

Receive a regular income

As part of your application, the lender you continue with will ask for supporting documents to help with their lending decision. This is usually proof of identity, proof of address and your most recent bank statements. As your application for a 12 month loan could be delayed without this information, we recommend having these all prepared before applying.

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Apply Now for a 12 Month Loan through LoanBird

If you’re ready to see your available 12 month loan offers, click apply now and we can quickly show you what’s available. Have any questions? Please browse our FAQs section for common answers, or feel free to contact the team here at LoanBird. We are on hand to help whenever you need us and we are happy to provide more information about our service and anything you are unsure about.

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12 Month Loans FAQs

Can I Choose Terms Longer than a 12 Month Loan?

We are happy to help you find 12 month loans from our panel of lenders, but if you would like to search for longer terms up to 5 years you can. When you click apply now, you can enter from the dropdown menu the repayment term you want as well as the amount of borrowing. We can then match up the lenders who can help you with this. If you can afford to repay the loan amount you want in 12 months, we recommend doing so rather than applying for the maximum terms available to you. You should ideally only take out longer repayment terms if your affordability means you’ll struggle to pay higher amounts each month.

Can I Still Get a 12 Month Loan with a Poor Credit Rating?

Yes, we are happy to help customers who have a poor or bad credit history as our service is FREE to use and no credit check is needed. This way, if no offers are available to you, this won’t affect your current credit score as only a ‘soft search’ will be performed. Many of the lenders on our panel can help customers with less than perfect credit scores, so we hope you will find the 12 month loan you want. If you do have a poor credit rating, you will need to ensure the loan you want is affordable and that you’ll be able to sustain monthly repayments.

Will I Need a Guarantor to Apply for 12 Month Loans?

It is not a requirement to have a guarantor to apply for 12 month loans, so you can feel free to apply as a sole applicant even if you have bad credit. For those customers who want to use a guarantor, we can help you find guarantor loan lenders if you prefer. Just let us know during your application what type of 12 month loans you are looking for and we’ll closely match this to our panel of lenders. Many loan companies online may request that you have a guarantor as part of your application, especially if you have very bad credit, but here at LoanBird our lenders are able to help you without one.