Bad Credit Loans
Affordable Bad Credit Loans from a Responsible UK Lender
If you’re looking for a loan but you have bad credit, you may feel like your options are limited as there aren’t a lot of options when it comes to bad credit loans. A missed payment, default, CCJ or low credit score can make it harder to borrow from high street banks — even if you’re working and managing your finances today.
At Fair Finance, we provide responsible bad credit loans in the UK for people who may have struggled with credit in the past. We don’t rely on your credit score alone. Instead, we assess your current income, essential living costs and whether repayments would be affordable for you.
Our goal is simple: to offer clear, manageable loans for bad credit that support you — not create further financial pressure.
Want to know more?
A Fair Finance bad credit loan is...
- Have a low credit score
- Have missed repayments
- Have defaults or CCJs
- Have limited credit history
- Been declined by other lenders
These are unsecured bad credit loans, meaning you don’t need to provide collateral or need a guarantor.
With Fair Finance, approval is based on affordability — not just your past credit record. We take time to understand your current situation before making a decision.
Can I Get a Loan with Bad Credit?
- Your regular income which can be made up from employment and benefits
- Your essential household expenses
- Existing financial commitments
- Whether repayments are sustainable
If we don’t believe the loan is affordable, we won’t offer it. Responsible lending comes first.
Bad Credit Loans
A direct lender providing affordable bad credit loans
Representative Example
If you borrow £500 repayable over 12 months, your total repayment will be £929.40. Your 12 monthly instalments will each be £74.95. We will also charge and a one-off administration fee (6% of loan amount) amounting to £30. The rate of interest applied to the loan is 132% fixed. The Representative APR is 280%.
New customers can apply for a loan of up to £1,000 with repayments terms of between 6 and 12 months.
Existing customers can apply for a loan of up to £3,000 with a maximum repayment term of 18 months.
What Can Bad Credit Loans Be Used For?
- Emergency home repairs
- Replacing broken appliances
- Urgent car repairs
- Unexpected bills
Our loans are designed for essential needs — not luxury spending.
Things to Consider Before Applying for a Bad Credit Loan
- Can I comfortably afford the repayments?
- Is this borrowing essential?
- Have I considered alternative options?
If you’re experiencing ongoing debt problems, organisations such as StepChange or National Debtline offer free, independent advice.
Check Your Eligibility for a Bad Credit Loan
If you need short-term financial support and have been searching for bad credit loans in the UK, you can apply with us online.
And if a loan isn’t right for you, we’ll tell you — clearly and honestly.
Improving your credit profile with Fair Finance
When you borrow and then repay a loan with us, we share this information with all major credit reference agencies in the UK (Experian, Equifax and TransUnion). This way, other lenders can see that you are repaying a loan with us. By getting a loan with Fair Finance, you improve your credit history and start to move from bad credit to good credit again.
The Fair Finance Service
As a first time client with us, you can:
- borrow up to £1000
- repay over 26 to 52 weeks (6 to 12 months)
- choose weekly, biweekly or monthly repayments to make it easier and more convenient to repay
Use the calculator above to see how affordable our rates are.
When you apply online, we aim to come back to you within one working day, but usually we come back in a few hours. We know that speed is important to you and that sometimes life emergencies need attending.
Want to know more?
WHY BORROW A FAIR PERSONAL LOAN
Bad Credit? On Benefits? New to the UK?
Discounts for existing customers
No hidden surprises
LET US ANSWER YOUR FAQ’s
We are a direct lender providing affordable loans of up to £3000
Can you get credit or loans with bad credit?
Yes — Fair Finance is one such lender. We lend up to £3,000, even with CCJs or defaults. And unlike many sub-prime lenders, we keep rates competitive (no hidden fees, no late-payment penalties), and reinvest any surplus back into our services lending to more people who are in underserved communities.
I have defaults, CCJs or other issues with my credit file. Can I still get a loan?
We do lend to individuals who have CCJs and defaults. Don’t worry if you have a bad credit history. The most important thing for us is less the past and more the present, and in particular if you are up to date with your current commitments.
How can I apply?
It's easy to apply for a loan either online or by phone.
If you apply online, we are likely to give you a call to confirm some of the information you provided. We will also give you a call to go through the key terms of the loan contract if you are approved.
If you apply by phone, provided we have all the right information, you can complete the whole process in one go with the help of a friendly Personal Loans Officer.
Any more questions?
Why Choose Fair Finance for Bad Credit Loans?
We’re a social lender committed to providing access to fair and affordable credit across the UK.
- FCA authorised UK lender
- No guarantor required
- No hidden fees
- Transparent costs
- Responsible affordability checks
- Focus on supporting customers fairly
Money worries? Need Advice?
Whether you need help with bills, budgeting, or improving your overall financial wellbeing, it’s a simple way to explore your options and take a positive next step.
Want to improve your credit score?
This score can influence whether you’re offered credit and on what terms — but the good news is there are practical steps you can take to improve it over time.
