Personal Loans for
Bad Credit. All Credit Histories Considered
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.
Bad credit? One simple search. 30+ FCA-regulated lenders. Personal loans with all credit histories considered. Instant decision, same day payout possible.*
Why choose Loan Wallet for bad credit personal loans?
| Loan Wallet | Other Brokers | |
|---|---|---|
| Bad credit accepted | ✓ All histories considered | May reject poor credit |
| Free to use | ✓ Always free | May charge fees |
| Credit score impact | ✓ No impact | Hard searches possible |
| Lender panel | ✓ 30+ FCA-regulated | Limited panels |
| Decision speed | ✓ Instant decision | Hours or days |
Three simple steps to your personal loan
Tell us what you need
Choose your loan amount and share a few details. Takes just 2 minutes.
We search lenders who accept bad credit
We match you with lenders from our panel of 30+ FCA-regulated partners who consider all credit histories.
Get your money
If approved, funds can land in your account the same day.*
Why thousands with bad credit choose Loan Wallet
One search, 30+ lenders
We do the legwork. Submit one simple form and we match you with suitable lenders who consider bad credit.
FCA regulated
We are authorised and regulated by the Financial Conduct Authority (FRN: 1036139).
All credit histories welcome
Our lenders consider a range of circumstances. Past credit issues don't automatically disqualify you.
Fast and mobile-friendly
Apply from your phone in under 2 minutes. No paperwork, no branch visits.
Free to use
Getting a quote costs nothing. We only receive a commission if you proceed with a lender.
No obligation
See your matched options before you decide. You're free to walk away at any time.
What you should know before applying
We're a broker, not a lender
Loan Wallet is a credit broker authorised and regulated by the FCA (FRN: 1036139). We match you with lenders from our panel. We don't make lending decisions or set interest rates. Any loan offer comes directly from the lender, and you're under no obligation to accept.
Missed payments affect your credit file
If you fail to make repayments on time, your lender will report this to credit reference agencies. This can negatively impact your credit score and make it harder to obtain credit in the future.
Additional charges may apply
Lenders may charge late payment fees or additional interest on missed repayments. Always read your loan agreement carefully before signing.
Loan renewal and extension
Some lenders may offer to renew or extend your loan. While this can provide short-term breathing room, extending your loan term usually means paying more interest overall.
Free debt advice is available
If you're struggling with debt, free and impartial help is available from MoneyHelper, StepChange, and National Debtline.
Bad credit doesn't mean no options
Our panel of lenders considers a range of financial circumstances. Having a less-than-perfect credit history doesn't automatically disqualify you. However, the APR you're offered may be higher, and not all applicants will be approved.
Ready to find your personal loan?
All credit histories considered. Free to check, no obligation.
Get my free quote