Direct Loan Lenders in the UK -

With direct loan lenders in the United Kingdom, you can get loans for different purposes. Knowing where to turn when you need to borrow money may be challenging. Personal loans are available from a variety of UK lenders, including high street banks, direct lending firms, and even crowdfunding websites.

List of Active UK Direct Lenders

118 118 Money

Short-term personal loans between £1,000 and £8,000 with repayment durations ranging from 12 to 60 months are available from 118 118 Money. To manage their loan, borrowers have access to an online account. 49.9% APR is representative.

Bamboo Loans

Unsecured personal loans ranging from £2,000 to £15,000 are available from Bamboo Loans. The duration of repayment is between 12 and 60 months. The range of representative APR is 26.9% to 49.7%.

Savvy

Savvy provides loans ranging from £300 to £1,200. Depending on the loan amount, repayment terms might vary from six to twelve months. Representative APR of 1,291.2%

The Money Platform

Peer-to-peer lending is made easier by the crowdfunding website The Money Platform.

Zuto

Zuto is a Macclesfield, Cheshire-based credit broker for auto financing. Notably, Zuto was formerly known as Car Loan 4U when it was first introduced in 2006.

Mr. Lender

Mr. Lender is a direct lender that specializes in offering short-term loans with no penalties for early or late payments. Their short-term loans include repayment durations of three to six months and start at £200 and go up to £1,000. 1,256.40% APR is representative.

Quidmarket

A direct lender in the UK, QuidMarket provides loans ranging from £300 to £1,500. Up to £600 is available for new clients to apply for. The terms of repayment span three to six months. 1298.9% is the highest Representative APR. APR.

Salad

Salad offers short-term personal loans directly to consumers. For this company, there are loan offers ranging from £500 to £2,000 with repayment durations of 12, 18, or 24 months. They accept applications from people with less-than-perfect credit ratings and use Open Banking as part of their application process.

Cash ASAP

Small loans between £200 and £750 are available through CashASAP; first-time applicants are only eligible for loans up to £400. You can apply for a multi-month installment loan for up to six months or a payday loan for up to thirty-five days.

1265.8% APR is representative.

The CashFloat

Payday loans from Cashfloat range from £250 to £2,500 and can be paid back over a period of three to nine months. The range of representative APR rates is 295.58% to 611.74%.

Creditspring

The UK-based lender Creditspring takes great satisfaction in offering distinctive goods and services. Customers can apply for two interest-free loans from Creditspring each year, each of which must be paid back in monthly installments over the course of six months.

Drafty

If there are no repayment defaults, Drafty‘s line of credit, which ranges from £50 to £3,000, can be open for as long as needed. A representative APR is 96.2% (variable).

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Evlo

Evlo is a direct lender that will take applications from people who have previously had trouble getting credit accepted. A loan between £1,000 and £15,000 with payback durations ranging from 18 to 60 months is available to borrowers. 99.9% APR is representative.

Finio Loans

Likely Loans was the previous name for Finio Loans. They are a direct lender that provides £500 to £5,000 personal loans with 12-, 24-, and 36-month repayment durations. Furthermore, the range of rates is 39.9% to 69.9% APR.

Lending Stream

Lending Stream markets itself as a supplier of alternatives to payday loans. Also, they provide loans with repayment durations of six to twelve months, ranging from £50 to £1,500. 1271% APR is representative.

Loan Pig

LoanPig is a credit broker and direct lender that provides loans ranging from £50 to £1,500. Their APR ranges from 49.9% to a maximum of 1261%, and their payback durations are one to twelve months. Representative APR: 1261%.

Loans2Go

Loans2Go is a direct lender that provides unsecured loans with terms of 18 or 24 months that range from £250 to £2,000. Early settlement is free of further costs. A representative 679% APR.

Moneyboat

Moneyboat provides loans with repayment durations of two to six monthly installments, ranging from £200 to £1,500. Up to £800 is available for new clients to apply for. 1267.9% APR is representative.

List of Inactive UK Direct Loan Lenders

The following lenders are no longer taking new loan applications or have entered administration. This list is no longer updated to reflect the current state of each company and should only be used for reference.

Wageday Advance

Before going into administration in February 2019, WageDay Advance provided payday loans. After the company closed, existing loan accounts were moved to Shelby Finance Limited. At the moment, Wagedayadvance.co.uk functions as a credit broker rather than a lender.

WizzCash

Applications from both new and current clients are no longer being accepted by WizzCash. Current clients can still email [email protected] to get in touch with the customer support staff.

Wonga

Wonga, a well-known provider of payday and short-term loans, went into administration in August 2018 and is no longer in business.

Amigo Loans

Amigo Loans has gone into administration and is no longer taking new credit applications.

AZUREmoney

AZUREmoney will no longer provide loans to new or current clients as of February 10, 2020. Customers can get in touch with AZUREmoney here if they have any questions.

Dot Dot Loans

The trade of Dot Dot Loans has ceased. On November 17, 2023, the board of Shelby Finance Limited appointed Ed Boyle and Rob Spence of Interpath Ltd. as Joint Administrators. For both new and current clients, the business will no longer be allowed to provide new or further loans.

Everyday Loans

In March 2025, Everyday Loans changed its name to Evlo.

Ferratum

In March 2020, Ferratum ceased to accept new loan applications. Current clients can still access their loan history by logging in.

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Fund Ourselves

A peer-to-peer lender that provided short-term loans was called Fund Ourselves. Existing customers could apply to borrow up to £1,500, while new customers could borrow between £100 and £800. Since going into administration in July 2025, Fund Ourselves has been unable to accept new loan applications.

Likely Loans

Likely Loans was a direct lender that was founded in 2014 and provided unsecured personal loans ranging from £500 to £5,000. In September 2022, Likely Loans changed their name to Finio Loans, and they are no longer taking applications.

Morses Club

Morse’s Club was a doorstep lender. After going into administration in November 2023, Morses Club is no longer able to take loan applications.

MyJar

On December 22, 2020, MyJar was put into administration. The business is no longer a lender. Consumers can email [email protected] or call 01203 0062 000 to reach the MyJar Ltd. customer service team.

Oplo

Personal loans are no longer available from Oplo.

Payday Express

After ceasing to accept new loan applications in October 2017, Payday Express is no longer in business.

Payday UK

With strong ties to Payday Express, Payday UK was a direct lender. In October 2017, they ceased trading as well. A broker company purchased the Paydayuk.co.uk domain and is currently functioning as a broker for payday loans.

Peachy

Cash On Go Ltd. traded under the name Peachy. In March 2020, the company entered administration. Peachy is not the same as peachy-loans.co.uk, which is a credit broker rather than a direct lender.

Pixie Loans

Pixie Loans, a direct lender that offered short-term loans between £150 and £1,000 with payback durations of one, two, or three months, was the trading name of Pixie Loans Ltd.

Provident

Since Provident Loans is no longer in business, credit applications cannot be accepted.

Quick Quid

In October 2019, Quick Quid entered administration and ceased to provide any personal loan products.

Safety Net Credit

Indigo Michael Limited entered into administration in 2023 under the trading names SafetyNet Credit and Tappily. AlixPartners’ Simon Appell, Clare Kennedy, and Joe O’Connor were named Joint Administrators of the Company. Additionally, they can be contacted via email at [email protected].

Satsuma

Provident ran the UK direct lending business Satsuma. In June 2020, Satsuma ceased accepting new applicants. Since then, Provident has shut down its other loan websites.

Sunny

Elevate Credit International Limited’s trading name, Sunny, was put into administration on June 29, 2020.

Swift Sterling

In December 2019, Swift Sterling went into administration.

The Money Shop

In October 2019, The Money Shop entered administration. Furthermore, a broker company purchased the domain name and is currently functioning as a broker for short-term loans.

Tappily

Since Tappily is no longer in business, credit applications cannot be accepted.

Trusted Quid

Trusted Quid no longer provides any lending products and has closed.

Uncle Buck

After going into administration in March 2020, Uncle Buck closed applications for its personal loan products.

Top Big Six Mortgage Lenders in the UK

In terms of the gross value of annual loans, the Big Six have the largest market share for mortgages in the United Kingdom. At 16.8% (£52.7 billion), Lloyds Banking Group is in the lead, followed by Nationwide Building Society at 12.1% (£37.8 billion) and NatWest Group at 13.2% (£41.5 billion). Following with 11.4% (£35.7 billion), 9.5% (£29.7 billion), and 8.8% (£27.5 billion), respectively, are Santander UK, Barclays, and HSBC Bank. The top six account for 71.7% of the total (£224.9 billion).

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The Big Six lead in terms of the overall value of outstanding mortgages in addition to their market share based on the gross value of annual lending. At 19% (£309.5 billion), Lloyds Banking Group is in the lead, followed by Nationwide Building Society at 12.5% (£203.6 billion) and NatWest Group at 11.5% (£186.8 billion). Following closely behind with 11.3% (£184.1 billion), 9.9% (£161 billion), and 7.5% (£121.6 billion), respectively, are Santander UK, Barclays, and HSBC Bank. The top six account for 71.7% of the total (£1,166.96 billion).

These lenders provide a variety of mortgage solutions designed to meet the demands of various borrowers. Comparing interest rates, arrangement costs, and other product features—like early repayment fees and overpayment limits—is crucial when choosing a lender. Additionally, take into account each lender’s distinctive selling qualities, which can differ, such as their reputation for customer service and mortgage approval speed. Before making a decision, it’s critical to examine each lender’s services and how they fit your financial objectives.

Can I get No Refusal Pay Day Loans in the UK?

There are various ways to interpret the term “no refusal.” People looking for these kinds of loans can be searching for a kind of guaranteed loan. On the other hand, some people might just want their application to be taken into consideration. In actuality, as all applicants must undergo affordability checks, no respectable FCA-licensed lender is able to provide a payday loan without a refusal. This holds for brokers as well as direct loan lenders. People would be given loans they just cannot afford to repay in the absence of such a check. This will result in an unfavorable situation for both parties. For this reason, all of the direct lenders with whom we collaborate engage in responsible lending. and will only lend money to people who can pay it back.

Final Thoughts on Direct Loan Lenders

Knowing where to borrow money in the UK can be difficult, especially with many direct loan lenders and loan types available. With the above research on direct loan lenders, you can find the right lender to match your financial goals, credit score, and repayment ability. Furthermore, there is a wide range of approved lenders to get payday loans, personal loans, and peer-to-peer lending. Before applying, always go through the loan terms and eligibility criteria.