Struggling With a Poor Credit 💳 Score Don’t worry — you’re not alone. Many people in the UK face bad credit, but that doesn’t mean you’re out of options.
In this guide, we’ll explore the best loans for people with Bad Credit — including no guarantor loans, instant approval options, and flexible repayment plans — so you can find the right solution even with a low credit score.
A poor credit score can feel like a heavy burden, especially when our expenses come into play. Whether it’s a bill, a car repair, or just a little financial relief, many lenders in the UK now offer special options for people with poor credit scores.
The good news is that you don’t always need a guarantor or a perfect history to qualify. In fact, with instant approval loans, short-term loans and flexible repayment plans, borrowers have more options than ever before. This guide will help you compare the best loans for poor credit scores in 2025 and make a wise choice.
🟩 What are the Best Loans for People with Bad Credit in the UK
People with bad credit often struggle to find loans, but there are many UK lenders offering flexible options. Some of the best loans for bad credit in the UK include
Topics
🟢1. Guarantor Loans
You borrow with someone acting as a guarantor.
Best for: Very low credit scores.
Examples: Amigo Loans, TFS Loans
🟢2. No Guarantor Loans
No need for a second person.
Higher interest but fast approval.
Examples: Everyday Loans, Likely Loans
🟢3. Secured Bad Credit Loans
Loan backed by a property or vehicle.
You get a larger amount.
Best for: Homeowners with bad credit.
🟢4. Payday Loans (Shorts-Terms)
Small amount for emergency use.
Repay on next payday.
Use with caution – high interest.
🟩 Can I get a Loan With Bad Credit and No Guarantor in the UK?
Yes, many UK lenders offer loans to people with bad credit without needing a guarantor. These loans are usually:
For smaller amounts (£500 to £5,000)
With slightly higher APR
Based on your income and affordability
🟨 Popular Landers
Bad Credit Loans UK
Every Day Loans
Lending Stream
🟩 What Is the Easiest Loan to Get With Bad Credit in the UK?
Most Easy-to-approve options
No guarantor with Personal Loans
Secured loans (if you own property)
Payday loans (as last option)
📌 Tip: Choose lenders who perform soft credit checks, so your score doesn’t get worse.
🟩 Who will Lend me Money With Poor Credit? 💳
There are many lenders in the UK who specialize in bad credit borrowers:
Lender Name Loan Type Guarantor Needed Amount Available
Amigo Loans Guarantor Loan Yes £500 – £10,000
Likely Loans Personal Loans No £500 – £5,000
Everyday Loans Bad Credit Loans No £1,000 – £15,000
Drafty Line of Credit No £200 – £3,000
Koyo Personal Loan No £1,000 – £5,000
🟩 Tips to Improve Loan Approval Chances With Bad Credit
✅ Apply with lenders that offer soft credit checks
✅ Show a stable income
✅ Use a co-signer if possible
✅ Borrow a small amount first
✅ Pay existing debts on time
🟩 Pros and Cons of Bad Credit Loans
✅ Pros:
Get money even with a poor credit Score
improve your credit by repaying on Time
fast approval, some within 24 hours
❌ Cons:
High-interest rates (APR)
Lower loan amounts
Risk of debt cycle if not repaid
❓FAQ- Best Loans for People with Bad Credit UK
1. What are the best loan options for people with bad credit in the UK?
People with bad credit in the UK can consider personal loans from specialist lenders, guarantor loans, or secured loans. Some popular providers include BadCreditLoans, Amigo Loans, and Lending Stream.
2. Can I get a loan in the UK with a poor credit score?
Yes, many lenders in the UK offer loans specifically designed for people with poor or bad credit scores. You may face higher interest rates, but options are still available.
3. Are there guaranteed loans for bad credit in the UK?
While no loan can be truly guaranteed, some lenders offer high-approval-rate loans for bad credit applicants, especially if you meet basic eligibility requirements
4. Do I need a guarantor to get a bad credit loan?
Not always. There are no-guarantor loans available for people with bad credit in the UK, although the interest rates may be higher than those with a guarantor.
5. How much can I borrow with a bad credit loan in the UK?
The loan amount usually ranges from £100 to £5,000 depending on your income, repayment capacity, and the lender’s criteria.
6. Will applying for a bad credit loan hurt my credit score?
Some lenders perform a soft credit check during pre-approval, which doesn’t affect your credit score. However, a hard check during the final application might cause a slight temporary dip.
7. What interest rate can I expect on a bad credit loan?
Interest rates on bad credit loans in the UK typically range from 30% to 99% APR or higher, depending on the lender and loan type.
8. How fast can I get a loan with bad credit?
Some bad credit loans in the UK offer instant approval and same-day funding, especially if you apply online with proper documents.
9. Are bad credit loans safe in the UK?
Yes, as long as you borrow from FCA-authorised lenders and read the terms carefully. Avoid payday loans with hidden charges or unregulated lenders.
10. How can I increase my chances of getting approved?
To boost approval chances, ensure a steady income, provide accurate information, reduce existing debt, and consider applying with a co-signer or guarantor.
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