£100 Loans

A £100 loan could help if an unexpected expense pops up and your savings fall short.

Looking for £100 loans in the UK?
Little Loans is a credit broker with a panel of over 30 trusted and responsible UK-based direct lenders. Whether it’s to replace an essential household appliance or pay for car repairs, Little Loans could help you search for a £100 loan.

How does a £100 loan work?

If you’re approved for a £100 loan, the money will be sent to your bank account, and you can use it to cover your emergency expense. You will then repay the £100 loan in monthly instalments. Your repayments will include interest.

How long can I borrow £100 for?

With Little Loans, you could search for a £100 loan and pay it back over 3, 6, or 12 months.
Need more money or more time to repay? The lenders on the Little Loans panel offer personal loans from £100 to £10,000, with repayment terms between 3 and 60 months, depending on the amount of money you apply for and are approved to borrow.

You should never apply to borrow more money than you need to or can afford to repay.

Could I borrow £100 for one month?

A loan with a one-month repayment term is typically called a payday loan, and, as the name suggests, tides you over from one payday to the next.

None of the lenders on the Little Loans panel offer payday loans. They do, however, offer short-term loans, so you could choose to repay a £100 loan over 3, 6, or 12 months.

£100 loans for bad credit

If you need money but are unsure about your credit score, you might have wondered, ‘Could I get a £100 loan for bad credit?’.
While we can’t give you an answer here, we can tell you that searching for a £100 loan with bad credit at Little Loans will not hurt your credit score. This is because we use what’s called a soft search to try to find you a loan. If we can’t match you with a loan, you won’t have harmed your credit score just by checking.*

If you have bad credit, your borrowing options may be limited, and if you are approved for a loan, you could be offered a higher rate of interest.

Search for a bad credit £100 loan with Little Loans

Little Loans is proud to work with an inclusive panel of lenders, several of whom specialise in short-term loans for people with bad credit.

People with all credit scores are welcome to use Little Loans’ credit broking service.
You must:

• Be over the age of 18;
• Be a UK resident;
• Have a UK bank account and a valid debit card; and
• Have a regular source of income paid into your bank account.

How much will a £100 loan cost?

The cost of a £100 loan will depend on how long you choose to repay your loan and the rate of interest you’re offered.
Your interest rate depends on your credit history. Typically, the better your credit score, the lower the rate of interest, although this isn’t always the case.

When searching for a loan, you should make note of the Annual Percentage Rate (APR). The APR reflects the overall cost of the loan, including interest and any standard fees.

‘No credit check’ £100 loans

Can I get a £100 loan without a credit check?
If you have a bad credit history, we understand you might feel worried about undergoing a full credit check (sometimes known as a creditworthiness assessment).
Firstly, it’s important to be aware that you cannot get a loan without a credit check. Second, bad credit doesn’t automatically mean your application for a loan will be turned down.

A creditworthiness assessment is carried out by a lender to make sure the loan you’re applying for is affordable for you. It’s a requirement, set by the Financial Conduct Authority (FCA), and is in place to protect you.

Where can I get a £100 guaranteed loan?

You cannot get a guaranteed £100 loan. Like ‘no credit check’ loans, ‘guaranteed’ loans do not exist.
No one is guaranteed to be accepted for a loan. Whether your application is approved will depend on the result of the creditworthiness assessment carried out by the lender.

Search for a £100 loan with no impact on your credit score*

Using a credit broker could save you time while also shielding your credit file from multiple hard searches. Using one soft search, with no impact on your credit score, Little Loans scans a panel of lenders to search for a suitable £100 loan for you, based on your circumstances.

£100 loan direct lenders

Little Loans is a credit broker. All of the 30+ direct lenders on the Little Loans panel are authorised and regulated by the FCA.

Emergency £100 loan: could I get a £100 loan today?

If approved, some of the lenders on the Little Loans panel could send your money on the same day your application is received.**

While a same-day payout might be possible with some lenders, it’s crucial to manage your expectations. If you need £100 urgently, please be aware that the time it takes for the money to appear in your account will depend on your bank’s policies and procedures.

What to do if you can’t repay a £100 loan

If you cannot afford to make the monthly repayments on your £100 loan, you will need to contact your lender as soon as you can. This may feel like a daunting step, but please remember that your lender is not there to judge you or your situation. They will be able to offer you practical advice on the next steps you could take.

You can also find free, confidential financial advice through the following organisations: StepChange, MoneyHelper, Citizens Advice, and National Debtline.

*Little Loans uses soft search technology to search for a suitable loan for you. If you’re matched with a loan, and you choose to make a full application directly with the lender, they will complete a creditworthiness assessment, which will include a hard search or an Open Banking check. A hard search will remain on your credit file for up to 12 months, and multiple hard searches in a short period of time will damage your credit score.

**Payout timescales vary between lenders. The time it takes for the money to become available in your account will depend on your bank’s policies and procedures.