Loans For Poor Credit – Up To £5000 Loaned, Instant Payout

Flexible Loans for Poor Credit Applicants

Whether you have a perfect credit file or a history of poor credit, you may occasionally need financial help making ends meet or addressing unexpected expenses. With bad credit working against you, securing a loan may seem like an uphill climb, but you shouldn’t count yourself out.


Flexible UK loans for poor credit consumers may offer the straightforward solution you’ve been looking for – resolving your finance dilemma without delay.

Spend Online Loans Without Restrictions

One of the most attractive features of online financing for poor credit UK borrowers is the freedom to spend the money where extra cash is most needed. The proceeds of short-term bad credit loans can be used for any purpose you have in mind, so the funds are not granted or withheld, based upon your plans for the cash.

How much would you like?


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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). 

Facing an unexpected expense? Coming up a little short on bill money this month? Can’t put off that repair any longer? Poor credit loans can help you resolve these issues and other financial demands causing short-term cash flow problems at home. The following examples are only a few of the ways approved poor credit borrowers spend their flexible UK loans.


  • Catch up on bills – You may not want to get in the habit of borrowing money to pay basic expenses. Dialing back spending or lowering your cost of living provide better, lasting solutions, when you’re consistently behind making monthly bill payments. But if you occasionally run out of money between paychecks, online loans provide a worthy safety net, furnishing fast funding for household expenses.
  • Make repairs – If there’s one thing you can count on, rest assured your house and car will require ongoing financial attention. You may get lucky for a while, but machines and structures are subject to wear and tear, so you’ll eventually invest in repairs. If you’re able to plan and save, repair bills don’t hit your budget as hard as an empty emergency fund. But when the expense is unexpected, you may not have reserves on hand to cover the cost of repairs. With good or bad credit, online loans furnish a financial lift, when repairs are required.
  • Pay for a reward – Opportunities come and go, so lack of funds can prevent you from striking when good deals are available. Whether it’s a bargain-priced holiday package, or a drastically reduced electronic device, sensible spending includes occasional rewards. As long as you have the means to repay the loan and a paycheck on the way to guarantee it, poor credit may not be a problem, financing a prudent personal purchase.
  • Stretch personal earnings – Health problems and other crises can disrupt your income, leading to insufficient household earnings. If your income stream is affected, even for a short period of time, loans can help keep you current, until you’re back on your feet earning full-strength.

Loans for poor credit applicants serve short-term needs; the money is repaid within weeks or months. This type of loan won’t solve your long-term financing dilemmas, so it doesn’t make sense to borrow more money than you need. Before applying for a bad credit loan or loans for poor credit, work out exactly how much cash you’ll need to bridge the gap between paydays and how repayment will impact your finances.

Credit Reference Agencies Assign Credit Scores

You probably don’t think about your credit rating every day, but that doesn’t stop credit reference agencies (CRA) from compiling a comprehensive credit file, reflecting your past success managing loans and credit accounts. If it’s like most consumers’, your credit record is populated with various entries tracking a lifetime of lender relationships, credit card transactions, and finance arrangements such as mobile phone contracts, car loans, and energy accounts.

Credit scoresCredit scores

Together, the credit references found in your file paint a picture, illustrating past payment patterns and borrowing habits. Whether you’re just getting started establishing your credit rating, or protecting a good credit score; successful outcomes are your most important ally.

Every time you make a payment to your credit card company, satisfy a car loan, pay student debts, or follow through on another credit obligation, the behaviour works in your favour, providing evidence and examples that you’re serious about your financial responsibilities. Over time, a consistent track record of effective credit management results in a higher score.

Just as positive outcomes boost your credit score, negative results such as late payments, repossession, bankruptcy, and other credit irregularities work against you, lowering your score and potentially earning a “bad credit” or “poor credit” designation. Fortunately for UK families needing a lift between paychecks, bad credit loans and loans for poor credit borrowers provide finance solutions, despite prior problems.

How Does Omacl Compare?


Why Use Us?

How much can I borrow?

Up to £5,000

No hidden fees

Chance of getting approved?


High approval

What are the repayment terms?

1 – 36 Months

No paperwork.

How do I apply?

Apply Online

2 min Application

Do I need to pay back a lump sum?


Easy repayments

Apply Now

What’s in My Credit File?

Traditional UK lenders turn to credit reporting agencies for help evaluating credit applicants. When you apply for a loan or credit account, data from three major credit agencies is shared with the company offering financing. Although your credit score provides a simplified reference points for creditors, it isn’t the only information contained in your credit file.

Credit reports supplied by the three top CRAs, Experian, Equifax, and Callcredit, may not contain identical information. The private organizations have access to different data, so it isn’t unusual to get mixed results when comparing the three reports. Your score may not match-up precisely across CRAs, but your overall credit strength won’t vary much from one agency to the next.

Some of the information contained in your credit file is provided by banks, building societies, and credit companies with which you’ve partnered in the past. Other data found in your report is public information, obtained from open sources. When lenders conduct a hard pull credit check, they gain access to details about your finances, such as:

  • Personal information – Personal information such as your name, address, and date of birth are used to verify your identity, before considering your credit application.
  • Current amount of outstanding debt – Your overall debt balance is important to lenders, because they want assurances you’ll repay whatever’s owed. Too many outstanding debt obligations may interfere with loan approval at brick-and-mortar banks.
  • Electoral roll information – Lenders want to know whether or not you’re on the electoral roll at your current address.
  • County Court Judgements (CCJ) – Legal actions against you don’t bode well for your credit score. A history of delinquency and default requires a long road to recovery, potentially taking years to reestablish a good credit score.
  • Bankruptcies.
  • Individual Voluntary Agreements (IVA) – Often used to avoid bankruptcy, IVAs establish repayment guidelines with creditors and their financially challenged clients. After terms are established, payments are made to insolvency practitioners who distribute the money among creditors.
  • House repossession.
  • Late payments – When assessing your file, creditors are interested in late payments on past accounts as well as those impacting your current credit relationships.

Using these and other data about your finances, each of the three top CRAs assigns a personal credit “score” used by creditors to evaluate your eligibility for various financial products. As hard as it is to establish a high credit score; it is even more difficult to restore credit integrity, once your file becomes damaged. Timely repayment and responsible credit management are essential strategies protecting your long-term credit health.

Can I Get a Loan With Poor Credit?

Each provider applies its own loan approval standards, so completing an online application is the most efficient way to find fast funds. Once submitted on our site, your loan amount request is matched with a top lender. You may receive a loan offer for the exact amount you requested, or the lender may extend higher or lower loan limits, based upon your application and credit review.

get a loan with poor creditget a loan with poor credit

You can’t get an online loan unless you meet a few basic requirements; to qualify for short-term, poor credit financing you must :-

  • Be at least 18 years old.
  • Have a current account for direct deposit and loan repayment.
  • Be a legal resident of the UK.
  • Show adequate means for repaying your loan.

Unlike conventional bank loans, online alternatives do not require a trip to a lending branch or a long wait for approval. Instead, the simplified application process is conducted online and lenders rapidly respond to your loan request.

Because online loans furnish relatively small amounts of money, which is quickly repaid; poor credit lenders may not use the same credit check procedures encountered at the bank. Compared to traditional funding pathways, the online approval process provides fast results; many qualified applicants receive their loan proceeds within hours of visiting our site.

When applying for a bad credit loan, expect to furnish up to date information about yourself and your finances, including:

  • Employment History
  • Monthly Earnings
  • Legal Name
  • Recent Addresses

Poor credit lenders specialise in fast funding, so when expenses have you over a barrel, an online loan may provide relief. Before reaching for your credit card or travelling to the bank for a conventional loan, consider the benefits of flexible, online finance alternatives.

Omacl on the FCA Register

Omacl is a registered trading name of Chojin Ltd and is authorised and regulated by the Financial Conduct Authority (FCA). You can view our registration status via reference number

Free Financial Advice

If you are struggling with debt or are unable to make your loan repayments, please visit the websites below. All of them offer free, impartial advice.

Omacl is a registered trading name of Chojin Ltd and is authorised and regulated by the Financial Conduct Authority (FCA). You can view our registration status via reference number 732880 If you are struggling with debt or are unable to make your loan repayments, please visit the websites below. All of them offer free, impartial advice.