Small Loans.

£50 to £5,000 paid out by 7:49am

Fast 3 to 36 month online loans.

Secure UK Site Secure UK Site

100% No obligation loan quote

Accept and get your cash in 15 minutes

We don't charge any fees, ever!

We don't credit check*


Representative APR 49.9%.

Representative Example: £1,200 borrowed for 18 months. Total amount repayable £1628.28 in 18 monthly instalments of £90.46. Total Interest £428.28. Interest Rate 49.9% pa (variable). Rates between 9.3% APR and 1294% APR - your no obligation quote and APR will be based on your personal circumstances. Loan term lengths from 3 to 36 months.
†Loan amount subject to lender's requirements and approval. Subject to lenders requirement and approval. Once approved, your cash will be sent within 15 minutes. The time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures.
*New Horizons will not perform a credit check, lenders will complete a soft search when assessing your eligibility for a loan.
If you accept a lender’s loan offer, they will perform a hard credit search.
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.
New Horizons is a registered trading name of New Horizons Finance Limited, which is an Introducer Appointed Representative of Flux Funding Limited, who are a credit broker, not a lender.

What are small loans?

Small loans are simply short term loans for amounts of money smaller than people would traditionally borrow from a direct lender. Often no more than a few hundred pounds in total, small personal loans have been designed to quickly provide people with a little help when they suddenly find themselves needing it.

Small loans process

Apply Online

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Get the Best Rate

Find the best rate from a panel of lenders

Instant Approval

Every day we accept 1000's of applications

Get Cash in Minutes

Loans paid within 15 minutes

Flexible Repayment

100% no obligation quote

Ready for a quick loan?

Access £50 to £5,000 today

Small loan questions:

Q1 – How do I find the right little loan for me?
Q2 – Are small loans expensive?
Q3 – Will taking out a small loan help to increase my credit rating?
Q4 – Can I get a small loan if I have bad credit?
Q5 – I need to borrow a small amount of money today, what can I do?
Q6 – I need help with my debts, where can I go for free assistance?

How do I find the right little loan for me?

As with all short term loans, these types of little loans can be customised to your personal requirements; giving you the freedom to choose how much you borrow and what type of repayment plan you need. Whilst most small loans often feature a fast repayment period, such as those offered by small payday loans, there are always exceptions. Therefore, you should always look around to see which lender offers the best terms for you.

Are small loans expensive?

The answer is both yes and no. Whilst we understand that some of the APRs advertised by lenders appear very high, they are a little misleading in that small loans are not supposed to be borrowed over a long period of time. Because such short term loans are usually repaid quite quickly, most lenders charge a one-off fee rather than actual interest on the loan. This means that the amount you repay is often much lower than first thought.

How we compare

Why use us?
How much can new customers borrow?
Up to £5,000
No fees, ever!
What are the repayment terms?
3 to 36 Months
No paperwork
Representative APR
49.9% (variable)
No obligation quote
Can I apply with bad credit?
Yes
Instant decision
Can I repay in instalments
Yes
Flexible repayment
Do we credit check?*
No
No credit footprint

Furthermore, because the lending charge is often in the form of a fee, you will have full transparency in regards to how much you must repay and of course when. The high APRs of such loans can become an issue if you fail to repay the money you borrow when you are supposed to. Therefore, it is vital that you always borrow only what you know you can repay back in the time required.

Will taking out a small loan help to increase my credit rating?

If you do not have any existing credit, lenders can view you as a risk. This is due to them not being able to see your history of repaying debt. This can lead to people having difficulty obtaining credit. When you make payments on any type of credit, this is reported to credit reference agencies, meaning that if you make your repayments on time you can increase your credit score. The flip side to this is that if you are late or miss repayments, then you will hard your credit score further and risk being charged late fees and additional interest.

Can I get a small loan if I have bad credit?

Yes, you can. Lenders use your credit score to decide whether to lend you money or not. Traditionally, a good score meant that your application was likely to be approved, whilst a bad score often meant that you would be unsuccessful. However, because lenders often used different criteria to other lenders when making their decision, a person could be turned down for a loan by one lender and approved by another. Taking advantage of the worries of people with bad credit, some lenders claim to offer small loans without credit checks. These of course sound very appealing. However, there is a problem; such loans do not exist. This is because The Financial Conduct Authority requires UK lenders to perform compulsory credit checks on all applications.

No Credit Check Loan

 

Find your best rate loan without needing an initial credit check.*

‘Soft Credit Match’ technology matches your profile to over 50 Financial Conduct Authority (FCA) approved loan companies without leaving any mark on your credit record.

With no obligation & no cost – it’s the best way to find a loan with no credit check.*

Get Your CreditMatch

This does not mean that people with bad credit score cannot get loans. With direct lenders now looking at criteria such as your employment status when assessing your application, many now offer small loans for people with bad credit. To help you get the right small loan, our partners will quickly compile a list of loans for your specific needs; allowing you to make a more informed decision and significantly reducing the time it takes to get the money into your account.

I need to borrow a small amount of money today, what can I do?

If you need to borrow money quickly, it can be difficult to know where to turn. Our partners work with lenders who will give you an instant decision on your application and if accepted, will send the money to your bank in as little as 15 minutes*

I need help with my debts, where can I go for free assistance?

If you are struggling with your debts and require assistance. You can speak to the companies below, free of charge.

moneyadviceservice.org.uk
stepchange.org
nationaldebtline.org

Ready for a quick loan?

Access £50 to £5,000 today