Bad Credit Loans

£100 to £5,000 paid out same day!*

  • Loans Paid Same Day
  • Bad Credit Considered
  • Instant Decisions
  • Borrow up to £5,000

Select how much you'd like to borrow and over how many months below.

Rates from 12.9% APR to 1721% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Repayment of 17 Months at £87.22 and final repayment of £87.70 The total amount repayable is £1570.44. Interest amounts to £570.44, an annual interest rate of 59.97%. Representative APR: 79.5% (variable). 

Warning: Late repayment can cause you serious money problems. For help, go to

WageDayAdvance is a broker, not a lender, and does not make credit decisions. We may receive a commission from the lender.

Every day, people all across the UK find themselves in need of a little extra cash.

Maybe you’re a little low on money this month and you’ve just received a bill you’d forgotten about. Perhaps you’ve had a little mishap at home and now you need a new washing machine. Whatever the reason, you know that the first thing any lender will look at, is your credit score.

For people with a good credit history, that isn’t a problem. Unfortunately, credit issues are pretty common around the world today. Something as simple as one missed repayment or late notice could be enough to bring your credit score tumbling down.

At WageDayAdvance, we don’t believe a poor credit score should stop you from getting the cash you need. That’s why we’re here to match you with bad credit loan providers, no matter what your situation might be.

How much would you like to borrow?

Rates from 12.9% APR to 1721% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Repayment of 17 Months at £87.22 and final repayment of £87.70 The total amount repayable is £1570.44. Interest amounts to £570.44, an annual interest rate of 59.97%. Representative APR: 79.5% (variable). 

Warning: Late repayment can cause you serious money problems. For help, go to

WageDayAdvance is a broker, not a lender, and does not make credit decisions. We may receive a commission from the lender.

What is bad credit anyway?

Credit is the thing that lenders, like the ones we partner with, use to determine how much of a risk you are. Essentially, these scores are numerical representations of how reliable you are with credit. If you’ve borrowed money in the past, and you’ve always paid what you owe on time, then your credit might be good, which means that you’ll have no problem getting approval from many of our lenders.

If you haven’t always paid back what you owed on time, or you’ve found yourself dealing with arrears in the past, then your options of who to lend from can sometimes decrease.

Bad credit can often be difficult to define because different credit agencies and loan providers have different ways of calculating what “bad” actually means. Sometimes, having a slightly less than perfect credit score could mean that you struggle to get your hands on a good deal. Other times, having a thin credit file, because you haven’t had many loans in the past, could be enough to stop you from getting the support you need.

Here at WageDayAdvance, we know that credit scores can be a huge headache for many people throughout the UK. No matter how hard you try to care for your finances, and how frugal you are with your spending, there’s always a risk that a lender will brand you as having “bad credit”.

At WageDayAdvance, we understand that just because one lender defines you as having “bad credit” doesn’t mean you’re a bad borrower. Our unique brokerage system is calibrated to take bad credit ratings into account, so you can still find a lender that’s suited to you, no matter what your history might look like.

What is a bad credit loan?

When something as simple as not having had a loan before can damage your credit score, it’s easy to see why people get so frustrated searching for the right lender. At WageDayAdvance, we’re solving that problem, by making it easier to find loans that are specifically designed for people like you. Our innovative algorithm will quickly match you to an approved lender that can serve your needs.

By partnering with some of the most trustworthy and versatile lenders in the UK, we ensure that we can help as many people as possible to find the short-term lending opportunities they need. This includes helping you to find the right bad credit loans in the shortest amount of time.

A bad credit loan, like the ones offered by our specialist lender partners, is a solution designed specifically to support people who don’t have the best credit rating. These loan products are often available for shorter periods of time, and smaller amounts of cash, reducing the risk on both you, and the lender in question.

Because all of the lenders that we partner with are FCA approved, you can also rest assured that any company you get matched to will adhere to the caps required on any fees and charges. This means that getting a bad credit loan with WageDayAdvance doesn’t mean spending more.

Unlike other traditional lenders who make decisions based solely on your credit history, our bad credit loan lenders are willing to look beyond that single number. Instead, they examine the full situation when you make your application, considering everything from your current expenses, to how much you earn in your job to ensure you can afford your loan.

What are the advantages of a bad credit loan?

One of the biggest advantages of getting a bad credit loan through WageDayAdvance, is that we can help to protect your credit score. When you haven’t got the best credit, you won’t always be approved for every loan. The more lenders you apply with, the more marks you end up with on your credit report, which brings your chances of borrowing down even further.

Any full application you send to a lender will lead to a full credit check. If you’re not approved for your loan after that, every other lender can see that you’ve already been rejected. With WageDayAdvance, you don’t have to worry about that problem. As a reputable broker, we conduct only soft credit searches when you fill out your application.

The soft search ensures that we can match you to the lenders that are most likely to approve your loan request fast, but it doesn’t leave any damage on your credit score. Here are some of the other benefits of getting a bad credit loan with our help:

  • You’ll be matched to a lender that understands your situation and knows the stress of dealing with bad credit. It’s nice to be understood.
  • You don’t have to explain yourself to anyone when filling out our application. Our system is automated, so awkward conversations aren’t a problem.
  • Our system will specifically find lenders that are willing to offer money to people in your situation. That means your chances of approval go up.
  • You can get your money quick too! Most of our lender partners can pay out within the same day, or not long after.
  • The application is quick and simple. You’ll be done answering our questions in a matter of minutes, and you can do everything online.
  • We do the hard work of searching for the best deal for you, so you can just sit back and relax, knowing you’re getting a fully FCA regulated lender.
  • Our lending partners are extremely flexible, with various loan amounts and terms to choose from, even when you have bad credit.
  • There’s no limit to what you can borrow the money for. It’s up to you to decide what kind of emergency expense or last-minute cost the cash is going to go towards.
Why Use WDA?
How much do you offer?
£100 - £5,000
Quick application.
Over how long?
1 - 36 months
Flexible repayments.
Bad credit accepted?
Welcome to apply
We cater for all.
How do I get a loan?
Apply Online
Secure application.
Representative APR
49.7% (variable)
No obligation quote.

Your Bad Credit Loan FAQ

Q: Will bad credit instantly stop me from getting a loan?

Not on our watch. WageDayAdvance partners with versatile lenders from all over the UK, all approved by the FCA, and many willing to work with people who don’t have the best credit. When you fill out the form on our website, we’ll evaluate your situation, what kind of loan you need, and which lender you’ll be best suited to with our system. Getting credit with a bad history has never been simpler.

Q: Will I still need a credit check?

Our regulated and trustworthy lenders will still need to check your credit rating to determine your loan affordability, and what kind of situation you’re in. However, they will consider each application based on more than just your credit score. In some cases, our lenders might also ask for additional information about your affordability before approving your loan.

Q: How easy is it to be approved for a bad credit loan?

There’s never a guarantee when it comes to applying for loans, but WageDayAdvance gets you as close as we can. By matching you to the right lender for your circumstances straight away, we reduce the risk of you having to go and find an alternative provider. Plus, filling out our application form is extremely easy – you can even do it online.

Q: Do I need to pay the loan back straight away?

Because we partner with flexible lenders at WageDayAdvance, there are various term options you can choose for your loan. Our lenders offer loans ranging all the way from 3-month terms to 36 months, so you have the time to make repayments according to your schedule.

Q: How much can I borrow with bad credit?

The amount you can borrow from our lenders will depend on your situation. Our lenders offer loans ranging from £100 to £5,000, so there should be a solution to suit every need. Having a bad credit score doesn’t necessarily mean you’ll be declined a higher loan amount.

Q: How quickly will I get the loan?

The speed with which you get your loan will depend on the lender that you get your approval from. Most of our lenders can deliver extremely fast pay-outs, within the same day in some cases. You should have access to your money in no time.

Q: How do I check my credit rating?

You can check your credit rating by using one of the free credit check websites available on the web today or requesting a report from the credit agencies like Equifax. Be careful that your check doesn’t leave a mark on your file.

Will a bad credit loan harm my credit?

Absolutely not! At WageDayAdvance, we only conduct soft credit searches that leave no marks on your file when matching you to lenders with our brokerage system. Applying with us won’t have any influence on your credit rating.

Do remember, however, that applications for full loans from a lender will require a formal credit search before you’re approved. These searches do leave footprints on your file. The good news is that because we’ve already done our soft credit search to match you with the right lender, your chances of being rejected are very low. We make it easier to get the approval you need first-time around, so you can protect your credit rating.

Once you’re approved for your loan with one of our trustworthy lenders, you can begin to build your credit up again by showing the agencies that you can pay what you owe on time. This is your chance to once again show that you can manage your money carefully. By the time you’re finished paying back what you owe, you might find that your credit score is much better.

When is a bad credit loan a good idea?

Even people with poor credit histories need financial help from time to time. At WageDayAdvance, we understand that anyone could find themselves in need of a short-term loan – no matter their situation. That’s why we ensure that there’s an easy way for you to find the lender you need.

If you know that your credit isn’t ideal, applying for a loan with a standard lender could lead to a rejection that takes your score down even further. With WageDayAdvance, you can avoid that issue, and protect the score you do have, by immediately getting linked to the right provider for you. Our brokerage system is quick and effective, so you’ll have the results you need in minutes.

Because you can borrow the money that’s right for you and pay it off at a time that suits you, there’s more freedom for you to control your finances, and start repairing your credit all over again. Plus, we’re not going to make you jump through any hoops to explain why you need the credit in the first place. You might decide to use your loan for:

  • Fixing an unexpected issue in your home, like a broken boiler
  • Repairing the car that you desperately need to get to work
  • Paying for those unexpected vet bills after Spot gets into trouble
  • Dealing with unexpected bills and expenses that don’t fit your budget
  • Buying an essential item for your home

It’s up to you to decide when you feel it’s the right time to get a bad credit loan. Once you’re ready to apply, we’ll make sure the process is as easy as possible.

More FAQ’s

I have no credit rating. Can I still apply?

We accept loan applications from people with no credit rating as long as you have a regular source of income.

How long will it take to get the money?

Loan funds are sent out at the lenders discretion. This is often on the same day you apply but may perhaps take longer over the weekend and bank holidays.

Does WageDayAdvance perform a credit check?

Our network lending partners will perform a soft search on submission of your application. This is to determine eligibility. It does not leave a lasting, negative mark on your report.