Instalment Loans for Bad Credit

Easily apply online and discover instalment loans for bad credit lenders using our 3 – step process:

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*.

How to Find Instalment Loans for Bad Credit Today

  • Step 1 - Application

    Click apply now and fill out our short online application. You’ll need to provide a few personal details along with the loan amount and terms you need. This takes just a few minutes to complete.

  • Step Two - Decision

    Get a fast decision on your eligibility and browse through your instalment loans for bad credit lender offers. Choose the one you want to continue with that meets your requirements.

  • Step Three - Cash

    Once approved, the lender will process and send the cash to your bank account within 10 minutes. Just sign your credit agreement digitally and you’ll have the funds ready to use the same day.

Discover Instalment Loans for Bad Credit Easily with LoanBird

Finding lender offers that provide flexibility with their repayment terms is key with instalment loans. You want to find a lender willing to provide affordable terms for the amount you need, especially if you have a history of poor credit. Here at LoanBird, we understand you want to find suitable options quickly without compromising on what you need. That’s why we take the hard work away from searching and provide you with a FREE to use service that will present suitable options. With instalment loans for bad credit, you’ll be able to choose flexible repayments for up to a maximum of 5 years. So, if you want to borrow money today and spread the costs over months or years, we have a panel of lenders ready to help.

All you have to do is fill in our quick application form and in minutes you can review your lender offers. You’ll be able to see full details of the instalment loans for bad credit that are being offered and choose the offer that suits you. At LoanBird, we are an FCA authorised credit broker, so you’ll continue your application via your chosen lender who will then provide a lending decision. If successful, you could have the cash to use the same day, on average within 10 minutes of signing your agreement. Ready to view your offers? Just click Apply Now to view same day loans for bad credit.

loanbird has multiple lenders that deal with low credit score loans

The Benefits of Using Our FREE Service at LoanBird

There are many reasons why customers choose to use LoanBird to find their next loan. You can access our FREE to use service 24/7, whenever you need to view your loan options. There is no obligation to continue with a lender, so you can browse and choose at your own pace. Other features of our service include:

Fast online application that’s simple to complete

Find instalment loans for bad credit up to £15,000

Apply online from anywhere on any device

Get an instant decision with our online loan finder

Discover loans with no credit check needed to apply

Over 30 FCA authorised UK loan lenders

Instant loans available the same day

Get cash in your account 10 minutes after approval

No brokerage fees – completely FREE to use!

Why Would I Need Instalment Loans for Bad Credit?

If you have struggled in the past with your finances, which has resulted in a low credit rating, finding a new loan may leave you with fewer options. Many traditional lenders may require a good level of credit just to apply, with many using automated decision lending to filter applications. This means even if your financial difficulties are in the past and you have control of your finances, you may still be declined due to your credit score.

Instalment loans for bad credit enable you to access funds based on your affordability. At LoanBird, our panel of lenders understand it can take time to build up your credit rating, especially if you have had a history of arrears or defaults. They’ll be able to assess your application based on your current finances and what you can afford to pay.

As each of our panel of lenders are FCA authorised, they each work to responsible lending guidelines. This means they will need to assess your application by conducting credit and affordability checks before approval. We do not offer guaranteed loans, so if you cannot afford the loan you want or you are in current financial difficulties, you may still be declined. We want to help as many people access affordable credit as we can, so if instalment loans for bad credit are affordable for you, apply today.

Are You Eligible for Instalment Loans for Bad Credit?

To use our FREE online service today and review your lender offers, you will need to meet the following requirements first:

At least 18 years of age

A current UK resident

Hold a UK bank account with a valid debit card

Receive a regular monthly income

We’ve made the application process as quick and simple as possible to help you, so you can spend more time reviewing your loan options. It’s always best to compare loans and choose the lender that best meets your circumstances. You may need to provide supporting documents too, so having recent bank statements, proof of identity and address can help speed up the process.

If you find a lender offer that you want and all is approved, you could have the funds in your bank account within 10 minutes. You’ll be able to put this to good use straight away and then repay with affordable loan instalments.

two experts assessing credit scores

Apply Now & Find Suitable Lenders Today

We look forward to helping you discover suitable instalment loans for bad credit today, and it only takes 3 simple steps to view your offers. If you have any questions, please contact us. You can find more information across our website on our loan options, whether you require instalment loans for bad credit, personal loans or even short term loans.

If you are experiencing current financial difficulties and our loan options aren’t suitable for you, please visit Money Helper for help and advice.


Instalment Loans for Bad Credit FAQs

Can I Apply for Instalment Loans for Bad Credit without a Guarantor?

Yes, there is no requirement to provide a guarantor when applying through LoanBird. We can help applicants discover suitable guarantor loans if they need them, but our instalment loans for bad credit can be applied for without. If you have a poor credit rating, you can submit an application without a guarantor and see which of our panel of lenders can help. You will need to show that the loan will be affordable for you to be approved.

What’s the Maximum Term for Instalment Loans for Bad Credit?

We can help you find repayment terms up to a maximum of 5 years, depending on the value of the loan. This is subject to status and will depend on the individual lender. You should choose repayments that are affordable for you at the shortest repayments. This will help you to not keep the debt for longer than necessary. As our lenders can help with values up to £15,000, having longer instalment terms can help to keep repayments manageable.

Will I Be Charged for Viewing Instalment Loans for Bad Credit Offers?

No, it’s completely FREE to use our online service at LoanBird. That means you can submit an application and view your lender offers without any hidden fees or charges. As a soft search of your credit file is all we need to show you your lender offers, this will not impact your credit rating either. You can use our service as often as you want, but please note once you do choose a lenders offer, you may be subject to full credit checks that will appear on your credit file.


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