12 Month Loans

Looking for a 12 months loan, bad credit, no guarantor? Apply today with us as we got you covered.

How Much Do You Need?


What Can A 12-Month Loan Be Used For?

You might be going through some financial difficulties and need a certain amount of money right away. Whether you need to furnish your new house or buy a new car, you need to take your pet to the vet, or something expensive was broken at home for example, a 12 month loan is your solution. You’re free to use the funds in whatever way you need to. The lender will not ask for any details on how you will spend the money as long as you are able to make all of the payments on time according to the terms you agreed on.

What Information Is Needed To Get A 12-Month Loan?

To apply for a 12 month loan you have to provide your name and date of birth to make sure you are 18 or older, as well as your current income and payday. You will also be asked for your employment and bank account information.

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Is A Credit Check Required For A 12 Month Loan?

All of the lenders we deal with will require a credit check. It is necessary to do the credit check to make sure that you are able to repay the loan payments back on time. But you do not have to worry if you have a low credit score, as this will not affect your chances of getting an approval for a 12 month loan. All trusted loans that you apply for will need a credit check made by the lender before they consider your application.

How Much Can I Borrow With A Bad Credit Score?

You still have the chance to borrow money today even if you have a bad credit score. You may get as much as 5000 pounds with the loan. But the lender will do an affordability check to make sure you’re able to pay back the loan and the amount of money you are able to get depends on your current financial situation.

Who Can Apply For A 12-Month Loan?

If you’re a UK resident and are at least 18 years old you’re eligible to apply for a 12 month loan. You’ll need to be employed and have a monthly salary that is deposited in your bank account, and you must also own a debit card linked to your account.

How Can I Apply For A 12 Month Loan?

It’s an easy and quick process to apply for a 1 year loan. You fill out the form, and as your broker, we will send your request to direct lenders who in turn will give you offers according to your situation. You then choose the best option, and after getting approved you’ll receive your funds.

Want to Get a Loan?

3 months

Representative Example: Rates from 43.1% APR to 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £1,200 borrowed for up to 75 days. Total amount repayable is: £1506. Interest charged is 0.34% per day, amounting to £306, annual interest rate of 124% (variable). Representative APR: 49.7% (variable).


Do I Need A Guarantor To Apply For A 12 Month Loan?

There’s no need to apply for 12 month loans with a guarantor. After proving that you can afford to repay the loan, you’d be eligible to get the loan.

Are 12 Month Loans Accessible To Bad Credit History Applicants?

You don’t have to worry about your bad credit as it can happen to anyone. You can still have a chance of getting an approval for a 12 month loan at PaydayLoansUK.

How Soon Will I Expect To Receive The Funds?

After choosing the offer that best suits your needs and getting an approval on the 12 month loan, you would receive your funds as soon as the next business day.

How Much Do I Have To Pay To Apply?

Nothing! You can fill out the form and we’ll send your information to the lenders across the UK without you spending a penny, and there won’t be any hidden fees.

What If I Can't Repay The Loan On Time?

Sometimes you might face a financial emergency after taking the loan, and you find yourself not being able to repay the loan on the terms you agreed on. In this case, we advise you to immediately contact the lender and let them know of your situation. You should expect to pay some fees and have a higher interest rate on the loan, all of which will depend on the lender. But it is crucial to contact the lender to help you sort out your loan.

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Apply For A 12 Month Loan Today

Getting a 12 month loan isn’t as difficult as you thought, and you can apply today for the 1 year loan even if you have bad credit.

Apply For A 12 Month Loan Today