How to Get a Loan
Simple Guide. Instant Decision
Rates from 48.1% APR to 1721% APR. The minimum Loan Term is 3 months. The maximum Loan Term is 36 months.
Representative Example: £1,000 borrowed for 18 months. Repayment of £89.22. The total amount repayable is £1,605.96. Interest amounts to £605.96, at an annual interest rate of 59.97% (fixed). Representative APR: 79.5% (variable)
*Same day payout is subject to lender approval and bank processing times. Not all applicants will receive funds the same day.
Wondering how to get a loan? Our simple guide walks you through it. One search compares 30+ FCA-regulated lenders. Instant decision, same day payout possible.*
The smarter way to get a loan
| Loan Wallet | Going Alone | |
|---|---|---|
| Lenders compared | ✓ 30+ at once | One at a time |
| Decision time | ✓ Instant | Hours or days |
| Application time | ✓ 2 minutes | Lengthy forms |
| Credit score impact | ✓ No impact | Hard searches |
| Guidance | ✓ Step-by-step | Figure it out alone |
How to get a loan in three simple steps
Choose your amount
Decide how much you need from £100 to £5,000. Only borrow what you can afford.
Complete the application
Fill in a few simple details. Takes just 2 minutes and won't affect your credit score.
Get your decision
We match you with suitable lenders from our panel. If approved, funds can arrive same day.*
Why getting a loan through Loan Wallet is the smart choice
Simple 2-minute application
Getting a loan doesn't need to be complicated. One easy form compares 30+ lenders at once.
Instant decision
Find out which lenders can accept you in seconds. No waiting days for a response.
FCA regulated
Authorised and regulated by the Financial Conduct Authority (FRN: 1036139).
30+ lenders compared
One application shows you options from our entire panel. No need to apply to each lender.
All credit histories considered
Our lenders look at more than just your credit score when deciding.
Apply from your phone
Get a loan from anywhere. 2 minutes, no paperwork, no branch visits.
Getting a loan: what you should know
We're a broker, not a lender
Loan Wallet is a credit broker (FCA FRN: 1036139). We help you find lenders. We don't make lending decisions.
Check your affordability
Before applying, make sure you can afford the repayments. Consider your income, expenses, and existing debts.
APR varies between lenders
Different lenders offer different rates. The APR you're offered depends on your circumstances.
Missed payments affect your credit
Late repayments are reported to credit reference agencies and can damage your credit score.
Free debt advice
Help from MoneyHelper, StepChange, and National Debtline.
You're under no obligation
Seeing your options costs nothing. You're free to walk away without accepting any offer.