WARNING: LATE REPAYMENT CAN CAUSE YOU SERIOUS MONEY PROBLEMS. RATES FROM 45.3% APR TO 1575% APR FOR HELP, GO TO MONEYADVICESERVICE.ORG.UK

The Answer To Your Cash Needs

Representative 277.5% APR

Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances

Non-payment could have a negative impact on your credit rating and have increased charges and interest rates.

The Great Things About KnightFinance

Super Fast Process

You could get money directly into your account after just a 15 minutes application.

Affordable Finance

Get the cash you need without the usual high costs, because of our wide range of lenders.

Low Interest Rates

Compare lenders to make sure that you get the lowest possible rates.

Unsecured loans

There’s no need to put any collateral against your credit, all our loans are unsecured.

Personal Loans that are Unsecured

It is so easy to get the finance you need today. Here at KnightFinance we pride ourselves on finding the right payment plan to suit anyone’s individual needs. Whether you are looking to borrow a small amount over a short period or are looking for much larger finance agreement we are able to help. Also known as personal loans or signature loans, unsecured loans are becoming a massively popular alternative to the standard bank loan. What unsecured refers to is how the finance is issued depending on the individual’s creditworthiness. Now when that comes to a bank loan, yes this is regarding your credit score, often making it difficult to get the finance you need. However, when we are talking about a loan that is not from a bank this is not the case. Many companies and lenders will not look at your credit score and will gauge your ability to repay on your current employment. So what is an unsecured loan really? This is quite an easy one, all it means is that the loan is not guaranteed by a property or vehicle. Because the lender does not have a source of collateral, just in case you default on payments for whatever reason, the interest for these loans can sometimes be higher than their counterparts. For those with bad credit, though, they are perfect for getting you back on track.

As a full time student working two jobs to get the bills paid and still being skint all the time, having a short term loan between pay days can be useful. Used Knight Finance after a recommendation from a friend and I’m glad I did. Borrowed just under £200 and paid £212 back, no where near the interest I would have paid elsewhere. Will definitely recommend if you’re strapped for cash and know you can pay it back.

Photo taken by Jonathan Chen

Alexia Newton

Support Worker

See How Our Competitors Compare

Loan amount
£200 - £1,100
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Are there bad credit installment loans direct lender UK?

So the main question in this discussion is whether or not there are bad credit installment loans direct lender in the UK. Fortunately for you, the answer is a genuine yes! What’s more, you might be thrilled to hear that there are also monthly isntallment loans no credit check direct lenders UK that you can consider to give you that much needed assurance that your abysmal credit history won’t get in the way in getting approved. So if you have poor credit, no credit or have been bankrupt in the past, you can look into the financial products as viable solutions to any urgent financial need!

Bad credit installment loans direct lender UK repayment terms

Generally speaking, the payment terms and conditions for installment loans direct lenders no credit check are laid out to you before the approved borrowing amount will be transferred to your bank account. Once you agree and sign the contract, only then will the transfer of funds shall proceed. Here are some of the things that you can expect from the types of financial products:
1. The schedule of repayments will normally be tailored to your present financial circumstances and can fall anywhere from 14 to 18 months which means you will have more than enough time to clear off your debt.
2. The interest rate you cover for every repayment will depend on how much you borrowed. The bigger the amount, the higher the interest rate naturally will be. The great thing about direct lenders that offer bad credit installment loans though, is that most of them will allow you to pay off your loan in advance without any charge or penalty so you can lower your interest rate payments.
3. Just like with mortgage and auto loans, you will be reminded in advance when your next repayment schedule will be. There is a fixed scheduled on every repayment and on the due date of your loan as well.
4. And perhaps one of the greatest benefit with such a loan is that you can use the approve funds for any legal purpose. Whether it’s purchasing groceries or taking a much needed vacation, you have the freedom to spend the loan on any personal need and desire!

Applying for bad credit installment loans direct lender UK

When you apply for bad credit installment loans from a direct lender in the UK, you will only be required to submit a few basic information such as:
 The amount that you intend to borrow
 Your bank accound details
 Employment information
After you have submitted the information, the lender will then evaluate them to determine if you are eligible for the type of borrowing that you are requesting. When your request is approved, the lender will then send you an eletronic document that you will have to review and sign.
Simply sign the document if there are no questions and concerns in everything that’s presented to you and send it back to your lender and your funds will be deposited into your account in a matter of hours or the next business day at the soonest. It’s that quick and simple!

5 most recent personal loan reviews

Review of Colonial Second Charge Loans

I love CSC loans I have been with them nearly three years, need a top up as my son is getting married. They where brilliant as usual, no problems, done so quick - they were my life savers when needed most, thank you.

Review posted by Mary Hartnoll, Canterbury

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Together

As guarantor for my daughters, loan the service we got was quick and efficient, did checks, asked questions and all was sorted very quickly, would definitely recommend Together loans to all.

Review posted by Susan Mills, Darlington

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Shawbrook Bank

Brilliant service. The application process was a doddle, the Shawbrook representative who called me was polite, understanding and cheerful. The whole thing (from starting the application process to receiving the money) took around 3 or 4 hours. Very quick and efficient and no long or silly forms to fill out. Just what was necessary. Am very pleased I chose Shawbrook.

Review posted by John Marcus, Surrey

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All reviews have been sourced from the UK Trust Pilot to certify authenticity.

Representative 277.5% APR

Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances

Non-payment could have a negative impact on your credit rating and have increased charges and interest rates.