Representative example: borrow £600 for 8 months. 1st monthly repayment of £144.38, 6 monthly repayments of £192.50, last monthly repayment of £96.25. Total repayment £1,369.63. Interest rate p.a. (fixed) 185.39%. Representative APR 611.74%. Our loans are available for 3 to 9 months depending on the loan amount — rates between 295.58% APR and a maximum APR of 1294%.
Representative example: borrow £600 for 8 months. 1st monthly repayment of £144.38, 6 monthly repayments of £192.50, last monthly repayment of £96.25. Total repayment £1,369.63. Interest rate p.a. (fixed) 185.39%. Representative APR 611.74%. Our loans are available for 3 to 9 months depending on the loan amount — rates between 295.58% APR and a maximum APR of 1294%.
12 month loans can help you pay for any pressing emergencies or help with important purchases. This gives 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. That way 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. Giving you the flexibility to pay smaller instalments and get your finances back on track if need be.
At Badger Loans, we work with a panel of up to 30 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.
Key Features
Borrow £100 to £25,000
Repay over 1 to 60 months
No upfront fees
No guarantor required
Bad credit considered
Early repayment possible
If that sounds like you, you’re eligible to apply today!
Badger Loans works with a panel of up to 50 lenders in the UK. This helps you improve your chances of being approved for a short term loan and getting access to the funds you need faster. With each lender having different requirements, you can maximise your chances of approval through Badger Loans. Every lender on our panel has been reviewed and vetted to ensure that they are fully authorised, regulated and trustworthy. With no upfront fees, you can receive an almost instant decision in up to 5 minutes and if successful, can receive funds on the same day. Sometimes within a few hours. We will not pass on your information to any other companies without your permission.
Yes, 12 month loans for bad credit are available. 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. Most lenders prefer if you do not have any similar loans outstanding or anything that could make keeping up with repayments more difficult.
Our goal is to offer fair and responsible lending to people from all walks of life. If you’re employed or have a steady income, you still have a strong chance of being approved, even if your credit isn’t perfect. And don’t worry, applying won’t affect your credit score, as we only run a soft check during the initial assessment.
Repayments on a 12-month loan are typically made in fixed instalments over a set period of time — often weekly, fortnightly, or monthly, depending on the terms agreed with the lender. When you apply, you’ll be shown a clear repayment schedule upfront so you know exactly how much you’ll be paying and when. There are no hidden fees, and the total cost of the loan is transparent from the start.
Most lenders collect repayments automatically via a Continuous Payment Authority (CPA), which means the agreed amount is taken directly from your bank account on the scheduled dates. This helps you avoid missing a payment and makes the process hands-free and hassle-free. If you want to repay early, you usually can — and doing so may even save you money on interest.
It’s important to ensure you can afford each repayment before committing to the loan. 12-month loans are designed to be a temporary solution, so staying on top of the repayment schedule is the key. If you ever run into difficulties, most lenders have support teams that can work with you to find a manageable solution.
Get your decision in minutes and, if approved, receive your funds within the hour. Applying won’t affect your credit score.
A 12-month loan is a type of fixed-term personal loan that you repay over 12 months (one year), usually in equal monthly instalments.
What it typically means in practice:
You borrow a set amount (e.g., £100 to £15,000 depending on the lender).
You repay it over 12 monthly payments.
The monthly payment usually includes some of the amount borrowed + interest (and sometimes fees).
Many are fixed-rate, so the payment stays the same each month (though some lenders offer variable rates).
Yes, every lender working with Badger Loans allows you to repay your 12 month loan early. You may find that after a few months you have got your finances into a better position and are able to clear your debt in full.
No, applying for a 12-month loan through our platform won’t impact your credit score. We carry out a soft credit check during the application process, which helps us assess your eligibility without leaving a mark on your credit file. Only if you choose to proceed with a lender’s offer will a full credit check be performed — and even then, it’s only after your provisional approval. This means you can check your options without any risk to your credit rating. It’s a safe and responsible way to see what’s available to you. You’ll always be in control of what happens next.
Most lenders set a minimum income threshold to ensure you can afford repayments. This can vary, and some lenders accept part-time, self-employed, or benefit income. You’ll usually need to provide proof, such as bank statements or payslips.
Review the APR, total amount repayable, monthly payment and make sure the repayments fit comfortably into your budget for the full year.
Not necessarily easier but the shorter term can reduce risk for lenders, which may help in some cases if affordability is strong.
Yes. All legitimate lenders offering 12-month loans must be authorised and regulated by the Financial Conduct Authority (FCA).
Missing a payment can result in fees and may negatively affect your credit score. It’s important to contact the lender early if you’re struggling.
It can be, particularly for smaller balances. Consolidating over 12 months may reduce interest and help you clear debt faster.
Most do not. Approval is generally based on your own income, affordability, and credit profile rather than a guarantor.
Often, yes. A 12-month loan usually offers lower monthly pressure, clearer terms and a lower overall cost than short-term payday-style borrowing.
Loan amounts vary by lender and depend on your income, credit profile and affordability checks. Smaller amounts are more common for shorter terms.
Most do. Fixed monthly repayments make budgeting easier, as the amount you pay each month stays the same for the full term.
Yes. They’re commonly used for short-term needs where spreading the cost over a year makes repayments manageable without committing to long-term debt.
They often are in total cost because interest is charged over a shorter period. Monthly repayments may be higher but you usually pay less interest overall.
It’s possible. Some lenders offer 12-month loans to people with bad or limited credit, provided they can demonstrate stable income and affordability.
