Representative Example: Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).
Legal Information – Representative Example: Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).
Legal Information – Representative Example: Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).
12 month loans can help you pay for any pressing emergencies or make any important purchases and give you the benefit of stretching your repayments over a longer period of time. Repayments are typically made at the end of each month, in equal monthly instalments, so you know exactly how much you are going to repay and can organise your finances accordingly.
Rather than traditional payday loans which give you money upfront and ask for full payment on your next payday, 12 month loans give you more breathing space and flexibility to pay smaller instalments and get your finances on track.
At Badger Loans, we work with a panel of over 40 lenders so you can find the best 12-month loan at the most competitive rates possible. Being able to match you with a number of regulated lenders can help you narrow down your search and improve your chances of approval. Plus, if you have the means to repay early, you can do so at any point and will often save money when you do.
Yes, 12 month loans for bad credit are available, since our panel of lenders are able to take a view on poor credit, defaults and CCJs. To be eligible, you will be required to have a permanent address, be employed and earning a regular income so that you can afford repayments each month. Our lenders prefer if you do not have any similar loans outstanding or anything that could make keeping up with repayments more difficult.
For borrowers with very poor credit or no credit scores, you may require a guarantor to help you add more security and credibility to your application – See guarantor loans for more information. However, if you prefer to apply directly with the lender of choice, there are 12 months loans with no guarantor available – provided that you meet the criteria.
Yes, 12 month loans for bad credit are available, since our panel of lenders are able to take a view on poor credit, defaults and CCJs. To be eligible, you will be required to have a permanent address, be employed and earning a regular income so that you can afford repayments each month. Our lenders prefer if you do not have any similar loans outstanding or anything that could make keeping up with repayments more difficult.
For borrowers with very poor credit or no credit scores, you may require a guarantor to help you add more security and credibility to your application – See guarantor loans for more information. However, if you prefer to apply directly with the lender of choice, there are 12 months loans with no guarantor available – provided that you meet the criteria.
Yes, every lender working with Badger Loans allows you to repay your 12 month loan early if you would like to. You may find that after a few months that you have got your finances into a good position and are able to clear your debt in full.
You will typically need to contact the lender directly by email or phone, or log into the ‘my account’ section of their website and you will be able to clear the balance. Repaying your loan early will usually save you a lot of money since less interest is accruing overall.
Our entire loan application can be completed online in less than 2 minutes and you will receive a provisional quote and instant decision on the screen. You can apply 24 hours a day, 7 days a week using a desktop, mobile or tablet.
You can choose how much you would like to borrow and how long for, and based on a quick credit check and affordability check by the lender, you can be given an offer by one of our lenders.
If successful, you may be required to speak to the lender or provide proof of income – however, successful applications and typically funded within 1 hour or the same day of applying.
To get started, simply click on the apply now button below.
Representative Example: Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).