Small Loans
£100 to £500. 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.
One simple search. 30+ FCA-regulated lenders for small loans from £100 to £500. Instant decision, same day payout possible.*
Small loans made simple
| Loan Wallet | Going Alone | |
|---|---|---|
| Amounts available | ✓ £100 – £500 | Rigid minimums |
| Lenders compared | ✓ 30+ at once | One at a time |
| Decision time | ✓ Instant | Hours or days |
| Application time | ✓ 2 minutes | Lengthy forms |
| Cost | ✓ Free | Application fees |
Three steps to your small loan
Apply in 2 minutes
Choose how much you need from £100 to £500. Quick and simple.
We compare small loan lenders
Your application is matched against 30+ FCA-regulated lenders in seconds.
Receive your money
If approved, funds can land in your account the same day.*
Why thousands choose Loan Wallet for small loans
Small amounts, flexible options
Borrow from £100 to £500. Only take what you need with repayments that fit your budget.
Instant decision on small loans
Get a decision in seconds. Even for smaller amounts, we compare 30+ lenders at once.
FCA regulated
Authorised and regulated by the Financial Conduct Authority (FRN: 1036139).
One search, 30+ lenders
One application compares small loan options across our entire panel of FCA-regulated lenders.
All credit histories welcome
Our lenders consider a range of circumstances. Past credit issues are not an automatic barrier.
Apply in 2 minutes
Get a small loan from your phone. No paperwork, no branch visits. Fast and simple.
Small loans: what you should know
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.
Small loans still need careful consideration
Even small amounts should only be borrowed if you can comfortably afford repayments. Missed payments affect your credit file.
APR may be higher on small loans
Smaller loan amounts may come with higher representative APRs. Always check the total amount repayable before accepting.
Additional charges may apply
Lenders may charge late fees or additional interest on missed payments. Read your agreement carefully.
Free debt advice is available
Help from MoneyHelper, StepChange, and National Debtline.
Borrow only what you need
Only borrow the amount you need. Extending your loan or borrowing more than necessary means paying more interest.