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Long Term Loans For Bad Credit

A long-term loan allows the borrower to spread the costs of their repayments over a longer period, usually over one to thirty years.

Bad credit information can build up on your credit file for several different reasons. If it does, that means that it’s not always easy to secure a long-term bad credit loan when you might need to cover unexpected bills or a large expense, for example

However, if you have a poor credit history, it may still be possible to apply for a long-term loan for bad credit with Little Loans. 

We work with over 40 UK Financial Conduct Authority (FCA)-authorised and regulated lenders to provide borrowers with affordable and competitive loans.

Our streamlined system is designed to provide you with a quick loan decision, and, if you’re approved, you sent to your bank account within minutes*.

Long term loans for people with a poor credit history

  • I have bad credit – can I apply for a loan?
  • What are the benefits of using a loan broker?
  • Can you get a bad credit loan without a credit check?
  • Should you apply for a loan if you have bad credit?
  • What is the process of applying for a bad credit loan?
  • Can you get an instant bad credit loan without a guarantor?
  • Are you in financial difficulty and need free, impartial advice?

I have bad credit – can I apply for a long term loan?

Long term bad credit loans are a rapidly growing form of borrowing in the UK. More and more of us are taking out online loans to help with unexpected bills and financial emergencies. offering bad credit loans with over 5.4 million loans taken out in the previous year alone.

Working with our panel of experienced and reputable lenders, Little Loans are experts in helping people with less than perfect credit histories apply for loans of between £100 - £5,000 online.

What are the benefits of using a loan broker?

If you have a bad credit history, it can be difficult to secure affordable long-term financing. However, at Little Loans, our fast and user-friendly online approach to finding the right loan for our customers has helped thousands of borrowers without perfect credit scores successfully apply for competitive and affordable finance.

Some of the major benefits of using Little Loans include:

Easy online application process

The whole process of applying for a loan takes just a few minutes using your computer, mobile or tablet. For the vast majority of borrowers, all that’s required to get the application process started is to fill in some basic information on our website.

We then pass this data onto our tried and trusted lending partners, one of whom will typically provide you with a loan decision in minutes.

Cash transferred to your bank within minutes*

If your loan is approved by the lending partner we’ve matched you with, funds will usually be sent to your bank account within minutes*.

Can I get a bad credit loan without a credit check?

To be legally compliant, all lenders are required by the FCA to carry out credit checks on borrowers making a full application for a long-term loan for bad credit applicants.

Why? The finance companies on our panel believe in responsible lending. Responsible lending means carrying out checks on borrowers to make sure that they can comfortably afford the repayments on a loan before a borrower’s request is approved. Part of that checking procedure is carrying out a full credit check on a borrower.

If you apply to a number of lenders directly, however, they will all carry out a hard credit on you. The problem is that lenders will be less inclined to offer you a loan if they see a large number of hard searches on your credit report in a short period of time.

If you use Little Loans to apply for a bad credit loan, our procedure means that only one credit check will be carried out and that’ll be by a lender who is more likely to approve your loan based upon the personal information you’ve .

Should I apply for a loan if I have bad credit?

We know that, if you have a poor credit history, it can be frustrating and time-consuming applying for loans via traditional high street lenders. However, at Little Loans, our easy-to-use online loan application system is designed for people with a wide range of financial histories. 

Applying for a long-term bad credit loan with one of our reputable lending partners takes a matter of minutes and can be done using your smartphone, tablet or computer.

For your peace of mind, we’re careful about which lenders we choose to work with. Whenever a new company applies to join our lending panel, we ask them to tell us in detail the type of borrower they’re looking to work with. Because we know our lenders so well, it makes matching the details you give us about yourself to the right lender a lot easier, saving you a lot of time and energy.

Before you apply for a loan, please make sure that you’re absolutely certain that you know where the money is going to come from to meet each repayment.

What is the process of applying for a bad credit loan?

At Little Loans, our streamlined system is designed to make things as quick as possible for you to apply for a loan. 

Once you’ve filled in our online application form, our system instantly contacts a number of suitable lenders who will run a soft credit check on you. Unlike a hard credit search, a soft credit check doesn’t affect your credit score and only you will be able to see those soft searches.

When we hear back from the finance companies we contact on your behalf, we then redirect you to the website of the lender on our panel likely to provide you with a positive decision on your loan (although we cannot guarantee that the decision will be “yes”).

If your loan is approved, funds are typically sent to your bank account within minutes*.

To apply for a fast and affordable cash loan of between £100 and £5,000 (repayable within 3-36 months) with Little Loans, click here (INTERNAL LINK) to fill in our easy application form. It should only take 2-3 minutes to complete.

Can I get an instant bad credit loan without a guarantor?

The majority of our lending partners do not require a guarantor to be approved for an instant cash loan. However, if you have very poor credit, you may find it difficult to find a lender. In these circumstances, it may be worth enquiring about a guarantor loan providing you can find someone who is able to guarantee loan repayments on your behalf.

At Little Loans, we help borrowers with a wide range of differing financial circumstances find competitive and affordable bad credit loans - please click here for more information. 

Are you in financial difficulty and need free, impartial advice?

If you’re having financial trouble, there are six leading UK debt charities offering free advice, support, and guidance to borrowers who are concerned that their current level of debt is too difficult to manage. Please follow the following links for more information: StepChange, PayPlan, National Debtline, the Debt Advice Foundation, the Money Advice Service, and Citizens Advice

Apply for a long-term loan for bad credit applicants

To apply for a long-term loan for bad credit applicants through Little Loans, please click here. 

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“Easy pleasant service, quick decision and easy account management.”

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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