List of UK Direct Lenders
If you need to borrow money, it can be hard to know where to turn. Many UK lenders offer personal loans, including direct lending companies, high street banks, and even crowdfunding platforms.
As a reputable credit broker, Little Loans works with many UK direct lenders to help borrowers apply for the loans they need. Even so, it’s important to know that there are options available which is why we’ve prepared a comprehensive list of the direct lenders operating in the UK.
The following list contains information about UK loan companies, and outlines their contact information in case you need to get in touch.
List of Active UK Direct Lenders
118 118 Money
118 118 Money offers short-term personal loans that they describe as “simple, fast & fair”. Borrowers can apply for between £1,000 and £5,000, with repayment terms lasting between 12 and 36 months. Borrowers can access an online account to manage their loan. Representative 49.9% APR.
118 118 Money Contact Information
Phone Number: 08000 118 000
Address: 118 118 Money, 3 Alexandra Gate, Ffordd Pengam, Cardiff, CF24 2SA
Bamboo Loans offer unsecured personal loans of between £1,000 and £8,000. Their loans don’t require a guarantor, and top-up loans are available for existing customers. Repayment terms range from 12 to 60 months, and while the company does ask applicants to indicate the purpose of their borrowing, this should not have a major effect on the terms of borrowing. Representative 59.7% APR.
Bamboo Loans Contact Information
Email: 0330 159 6011
Phone Number: firstname.lastname@example.org
Address: 1st Floor, Grenville House, Nelson Gate, Southampton SO15 1GX
CashASAP offers fast access to small loans of between £150 and £750, with repayment terms of 3 to 6 months. First-time applicants are limited to loans of £400, and applicants must indicate how often they get paid. Representative 1228% APR.
CashASAP Contact Information
Phone Number: 0800 488 0905
Address: APFIN LTD, 3rd Floor, 12, Gough Square, London, EC4A 3DW
CashFloat describes itself as a ‘leading unsecured credit direct lender’ and offers two distinct lending products. Cashfloat payday loans of between £300 and £1,000 can be repaid over 3 or 6 months (Representative 543.48% APR). Cashfloat personal loans of between £1,000 and £2,500 can be repaid over 6 or 9 months (Representative 295.58 APR).
CashFloat Contact Information
Phone Number: 020 375dotdo7 1933
Address: Office 8, 2a Highfield Avenue, London NW11 9ET
Dot Dot Loans
Dot Dot loans presents itself as a straightforward direct lender, and offers two distinct lending products. Their short-term loan product allows customers to borrow between £100 to £1,000 repayable over 3, 6, or 9 months (Representative 824.7% APR). Their personal loan product offers between £1,500 and £5,000 with repayment terms of up to 48 months (Representative 79.4% APR).
Dot Dot Loans Contact Information
Phone Number: 0333 240 6215
Address: Building 1, The Phoenix Centre, 1 Colliers Way, Nottingham NG8 6AT
Drafty offers loans of between £50 and £3,000, and the line of credit can remain open for as long as required provided that there are no payment defaults. Drafty indicates that they are willing to consider applications from bad credit borrowers. Representative 89.7% APR.
Drafty Contact Information
Phone Number: 0203 695 8072
Address: PO Box 10756, Leicester, LE3 4GX
Everyday Loans is a direct lender that’s willing to consider applications from individuals who have struggled to get approved for credit in the past. Borrowers can apply for loans of between £1,000 and £15,000, with repayment terms that range between 18 and 50 months. Interest rates are fixed, with a Representative 99.9% APR.
The process with Everyday Loans is a bit different compared to other lenders. While you can still apply online and complete most of your application online, to get the loan you will have to visit a local branch and complete the process in person. They will require to bring the following documents:
- Proof of identity for each borrower
- Proof of where you live
- Proof of your income and regular outgoings
Everyday Loans Contact Information
Email: Online contact form
Phone Number: 03303 033 500
Address: Secure Trust House, Boston Drive, Bourne End, Buckinghamshire, SL8 5YS
Fund Ourselves is a peer-to-peer lender that allows individuals to invest money that is used to provide loans for borrowers. Individuals can borrow money online between £100 and £1,500, although new customers are limited to borrowing £800. Repayment terms generally last between 3 to 6 months, and the lender does not apply early or late repayment fees. Representative 508.85% APR.
Fund Ourselves Contact Information
Phone Number: 0800 368 9553
Address: Fund Ourselves Ltd, WeWork, 10 York Road, London, SE1 7ND
Lending Stream bills itself as a provider of payday loan alternatives. They offer loans of between £50 and £1,500 with repayment terms of up to 6 months. Their website suggests that payments are made rapidly and can be streamed into borrower’s accounts in just seconds. Representative 1333% APR
Lending Stream Contact Information
Phone Number: 020 3808 4440
Address: Lending Stream, PO Box 10756, Leicester, LE3 4GX
Likely Loans is a direct lender that offers personal loans of between £500 and £5,000, with repayment terms of 12, 24, and 36 months. They are willing to consider applications for loans for individuals with bad credit. Representative 59.9% APR.
Likely Loans Contact Information
Phone Number: 0208 080 6450
Address: Likely Loans, The Poynt North, 45 Wollaton Street, Nottingham NG1 5FW
LoanPig is a short-term loan direct lender offering loans of between £50 and £1,500. Their repayment terms range between 2 to 12 months. Interest rates are fixed throughout the loan period. Representative 1261% APR.
Loan Pig Contact Information
Phone Number: 0161 505 0301
Address: The Money Hive Limited, 657 Liverpool Road, Manchester M44 5XD
Loans 2 Go is a London-based direct lender offering unsecured loans of between £250 and £3,000, with repayment terms of 18 or 24 months. There are no additional fees charged for early settlement. Representative 1013.3% APR.
Loans2Go Contact Information
Phone Number: 0330 400 6000
Address: Bridge Studios, 34a Deodar Road, London SW15 2NN
Moneyboat offers loans of between £200 and £1,500, with repayment terms that are broken down into 2, 4, or 6 monthly instalments. The interest rates are fixed at 0.7% per day throughout the duration of each loan. Representative 939.5% APR.
Moneyboat Contact Information
Phone Number: 0203 8187470
Address: 5 Broadbent Close, Highgate, London N6 5JW
Mr Lender is a direct lender that focuses on providing quick loans with no early or late payment fees. Their short term loans start from £200 and range up to £1,000 with 3- and 6-month repayment terms. Representative 1242.3% APR.
Mr Lender Contact Information
Email: Online email form
Phone Number: 0208 532 1969
Address: Mr Lender, PO Box 366, Loughton, Essex IG10 9EW
Oplo (previously known as 1st Stop Loans) is a direct lender that offers unsecured personal loans of between £2,000 and £15,000, with repayment terms ranging from 24 to 72 months. Representative 28.5% APR. However, you have to be a homeowner to qualify.
They also offer secured homeowner loans between £5,000 and £100,000 with repayment terms of 24 to 300 months. The APRC on these is 15.40%
Oplo also charges an acceptance fee of £395 which is added on top of the requested loan amount. The repayment of the acceptance is included in the monthly repayment fees over the term of the agreement and it is not charged up front.
Oplo Contact Information
Phone Number: 01253 603952
Address: Oplo, Viscount Court, Sir Frank Whittle Way, Blackpool, Lancashire, FY4 2FB
QuidMarket is a UK direct lender that offers borrowers loans between £300 and £1,500. Repayment terms range over a 3-to-6-month period, and repeat customers may benefit from more flexible terms. Representative 1301% APR.
Quidmarket Contact Information
Phone Number: 0115 845 6434
Address: 2nd Floor, 6 Stanford Street, Nottingham, NG1 7BQ
SafetyNet is a direct lending option that enables borrowers to connect the system to their bank account to receive financial top-ups before they enter their overdraft. Initially, first-time borrowers can request between £100 and £500, while repeat customers can borrow up to £1,000. Interest is set at 0.8% per day up to 40 days. Representative 68.7% APR (variable).
SafetyNet Credit Contact Information
Phone Number: 0800 180 8400
Address: SafetyNet, PO Box 1515, High Wycombe HP11 9JE
Savvy offers loans of between £300 and £3,000, with repayment terms that vary between 8, 12, 15, and 24 months. 24-month repayment terms are generally only available to existing customers, however. Bad credit applicants are considered. Representative 341.7% APR.
Savvy Contact Information
Phone Number: 0800 007 5888
Address: Valour Finance Limited, First Floor, Highbank House, Exchange Street, Stockport, England SK3 0ET
The Money Platform
Тhe Money Platform is a crowdfunding website that facilitates peer-to-peer lending. Customers can borrow between £250 and £1,000 over 4, 6, 8, or 12 weeks. Representative 839.20% APR.
The Money Platform Contact Information
Phone Number: 020 3962 1696
Address: 66-67 Newman Street, Fitzrovia, London, W1T 3EQ
List of Inactive UK Direct Lenders
While the above lenders are active in the UK, many other companies have offered similar loans in the past. The lenders in the following list have either gone into administration or are no longer accepting new loan applications at the time of writing.
This list should only be used for reference purposes, and is no longer updated to reflect the status of the individual businesses.
AZUREmoney was a UK direct lender and the trading name of Beauly Financial Services Ltd. Based in London, it does not seem that AZUREmoney is currently providing unsecured personal loans.
Ferratum stopped accepting new loan applications in March 2020 as the COVID-19 pandemic began. They previously offered short-term loans from £300 up to £1000 with repayment terms over 2, 3 or 4 months. They did, however, imposed a limit of £700 for new customers.
MYJAR previously offered loans of between £100 and £2,000 but was placed into administration on 22nd December 2020. The company is no longer an active lender.
Payday Express previously offered payday loans to UK borrowers. The firm is no longer trading, having stopped accepting new loan applications in October 2017.
Payday UK was a direct lender with close connections to Payday Express. They also stopped trading in October 2017.
They are not to be confused with the current loan broker who operates under the same name. The PaydayUK.co.uk domain was acquired by a broker firm and now it is operating as a payday loans broker.
Peachy was the trading name of Cash On Go Ltd, a firm that previously offered short-term loans of up to £1,000. The firm went into administration in March 2020.
Quick Quid was a well-known UK direct lender offering loans of up to £1,500. The firm went into administration in October 2019, and no longer offers any personal loan products.
Satsuma is a UK direct lending company operated by Provident. The site previously offered loans of up to £1,000, but stopped taking new applications during the COVID-19 pandemic of 2020. Other lending sites operated by Provident have since closed and it is unclear whether Satsuma will continue to operate in the future.
Sunny was a trading name of Elevate Credit International Limited. The firm marketed itself themselves as a provider of ‘fast and flexible’ loans, but was placed into administration on 29 June 2020.
Swift Sterling previously offered short-term loans of up to £1,000, but entered administration in December 2019.
The Money Shop
The Money Shop also ceased offering short term loans and went into administration in October 2019.
Trusted Quid offered loans of between £250 and £1,500, but the company is now closed and does not offer any lending products.
Uncle Buck closed applications for their personal loan products after entering administration in March 2020.
Wageday Advance previously offered payday loans but entered administration in February 2019. Existing loan accounts were transferred to Shelby Finance Limited following the firm’s closure.
WizzCash offered personal loans of between £300 and £1,000, with repayment terms ranging between 1 to 36 months. The firm has now stopped accepting applications from new and existing customers.
Wonga was a well-known short-term and payday loans lender, but the firm entered administration in August 2018 and no longer offers any lending products.
There are many direct lenders operating within the UK, and it can be difficult to decide which is the best for you. As this list shows, various lenders offer similar products but with varying terms and interest rates.
As a reputable online credit broker, Little Loans works with a panel of active direct lenders to match UK borrowers with the loan company that is most likely to approve their application. To get started, why not use our quick eligibility checker and let us help you to find a loan that’s right for your circumstances.
Representative Example: Amount of credit: £1200 for 18 months at £90.46 per month. Total amount repayable of £1628.28. Interest: £428.28. Interest rate: 49.9% pa (variable). 49.9% APR Representative. We’re a fully regulated and authorised credit broker and not a lender