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Borrow up to £995 when You Apply Today

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Responsible lenders

Rates from 278% to 1576%

3-12 month repayment



Borrow up to £25,000 when You Apply Today

Fast decision

60-sec Application

Rates from 4.7% to 287%

3-36 month repayment

Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances.

7 Benefits of Through Loanovao

Request Online

There are no fees to submit your request and no obligations.


You can be sure that your information remains with us – no 3rd party sales.

Get Results Fast

After you submit your information we can match your lender instantly.

Quick Cash

E-sign the contract and the cash could be with you in as little as an hour.

Borrowing Power Calculator

Find out how much you can afford to borrow before you apply with our borrowing power calculator.

Apply from any device

You can start and complete your personal loan application on any device. You you can return to and complete unfinished application made online within 14 days.

Online Status Tracker

Whether You have Submitted  online, at a branch, or over the phone, you can track your personal loan application online.

See What Other Kinds of Loans We Do

Though we specialise in Doorstep or Home Collection loans, we also offer a wide variety of other forms of finance to help you find the perfect plan to suit your needs.



It doesn’t matter how much you are looking for or what your credit history is like, we will be able to find you the best rates possible.

Fairly self-explanatory and so easy to get, a £100 loan is for those times that you need a little extra cash and quickly. Nearly anyone can get one of these loans with no issues at all, regardless of your credit history.
6 Month Loans can be a variety of amounts, whatever you think will suit your needs. The term, however, is fixed at 6 months. What this means is that the rate is fixed, allowing you to get the best out of your money. If you are looking for a slightly longer term length then this is a great option for you.
We all know how hard it can be to save, each time you get some a new issue will arise and bring you a step back. It doesn’t have to be that way though, a car loan is perfect for when you are looking at getting a new vehicle. Car Loans allow you to get the vehicle you are looking for without the usual hassle. This way you can pay as you go with your car
Very much like a payday loan, the Cash Cow Loans market has become popular with those that have a bad credit history. The difference is that a Cash Cow Loan does not have to be repaid in one instalment at the end of the month but can instead be over a 3 month period for example.

This type of loan is designed specifically for those that have an extremely bad credit score and are very likely to be refused by any normal lender due to their high risk. A Guaranteed High Risk Loan means that anyone that has been refused multiple times in the past or those that have been blacklisted will still have the chance to get the money they need.


An Instant Cash Loan is for those that are in a hurry to get the finance now. By using this sort of loan you will find that you get the funds in no time at all. Once approved you will get the cash straight into your account within 15 minutes. Fast Loans is one of the fastest ways to gain access to money on the loan market. Even those that have been blacklisted will be able to apply.

These loans are very small by their nature, often the amounts borrowed are around the £100 mark and no more than £500. They are usually only taken out for a couple weeks and never more than a few months. Mini-credit Loans were designed for those unexpected moments like a surprise bill or a car problem.
In the modern world, we are able to use our mobile phones for so many different things. We can use them to order food or other items from the internet. We can use them for looking at our bank accounts, sending and receiving money on the go. We can use them for so many things, so why not for borrowing. Whether you have an internet connection and feel like doing a £100 Text Loan or whether you want to use an SMS Loan instead, both are easily done today.

How to Apply – Made Easy

Start your application

The application process itself is a very quick and simple one. You simply need to fill out our online form with a few details and your good to go. All you need to qualify is some personal details, a full UK address and the details of your current employer to prove that you are capable of repaying the amount.

Get Result Fast

Our dedicated team of experts work at breakneck speed as soon as they get your application. They will check your requested amount against over 40 different lenders that we work with. Within a few minutes you will get your response and if accepted you will be passed on to the lender.

Get Your Cash

Once accepted by one of our reputable lenders, provided all your details are correct, you will get the money straight into your account within the hour. This makes our lending process one of the fastest possible ways to get finance. That is everything, you can then spend the money as you want.

Cheap Loans – For Anyone With Poor Credit

Everyone wants to get the cheapest loans possible. I know no one would disagree with that. If you can get away from high interest and fees as well as unnecessary charges, you would do everything in your power to do so. If this is what you are aiming for, continue reading to learn how to get the cheapest loans in the market.

The cheapest loans are usually those with the lowest annual percentage rate or APR. The lower the APR, the cheaper the loan. You can qualify to the lowest interest loan rate if you have a good credit history and a regular job. Those with low credit scores most often cannot have access to cheap loans. With that being said, it means that the best way to get cheap loans is to have a good credit rating and maintain it. Keeping up with the repayments for any credit you have is equally important.

Be familiar with the different types of loans available in the market and see which one suits your needs and personal circumstances. Contemplate whether you need a short-term loan or a longer-term loan because the loan term can influence the cost of the loan. Think about how much you need and how much you can afford to pay back. Consider also whether a secured loan is more viable for you than an unsecured loan.

To get cheap loans, take some steps to improve your credit rating before you apply for a loan to maximise your chances. But, if you are in urgent need of money, you can take out a bad credit loan.

Cheap Loans in the UK

Cheap loans come in many forms because they would depend on your personal needs and circumstances. Many different types of loans in the UK cater to different financial needs and credit histories.

Apart from personal loans for people with good credit, the cheapest loan types are those that are secured or guaranteed. These loans include home loans, car loans, and guarantor loans. Online lenders also offer cheaper loans because they have no physical store, and this enables them to cut down cost.

The number of loan lenders in the UK are increasing dramatically over the years. You can get loans from banks to private financing firms, to small and short-term lenders, online lenders, credit unions, and peer-to-peer lending companies. As a result, the rate have become competitive, which gives people a much wider range of choices and opportunities to find cheap loans.

Most lenders today provide flexible loan terms and other attractive loan features that you can take advantage because of stiff competition. Even a bad credit or no credit history cannot stop you from getting a cheap loan. Many lenders in the UK offer loans specifically designed to cater to meet different financial needs at competitive APRs and doable repayment periods.

Cheap Loans for Bad Credit

Having a poor credit history or no credit at all doesn’t necessarily mean you can’t get a loan approved. There are lenders who specifically offer loans for people with bad credit. Many lenders in the market cater to all ranges of credit rating. Even if other lenders have rejected you, you’ll take out a loan somehow with other lenders.

However, we know that cheap loans are only for those with good credit. So, it’s easy to believe that with a bad credit, you can never get a low interest loan. If the lender can see that you are capable of repaying a loan on the agreed time and at the predetermined amount, they’ll offer reasonable rates and more options. Bad credit loan lenders will look into your employment status and your monthly income. If they are satisfied, you’ll be offered a loan.

Eventually, you can improve your credit by making payments regularly. You can always improve your credit score, as long as you pay on time and you don’t miss any repayments. Once you get stable financially, your credit score will increase again. Ultimately, finding the lowest APR or interest for the amount you needed is your goal in taking out a loan.

Cheap Loans with a Guarantor

If it’s your first time to take out a loan or if you have a low credit score, a guarantor loan could help you get the money you need. A guarantor loan is almost the same as an unsecured loan, but a friend or family member is going to co-sign your loan for added support. He or she will be responsible for paying back your loan if you cannot make the repayments any longer for whatever reason.

Guarantor loans are much cheaper than bad credit loans because the loan is supported by a credible person. The guarantor must be with good credit, a homeowner, and has a stable job. Guarantor loans may be low cost, but you should still look for the one that is cheapest to repay. Just like any other type of loans, the total cost of a guarantor loan depends on the loan amount, the APR, and the loan term.

A guarantor loan is a huge help for you. It will allow you to borrow the amount of money you need if you are struggling to get an unsecured loan especially when you have a bad credit or no credit at all. Guarantor loans can also help you build or rebuild your credit status. Nonetheless, you should only borrow what you can afford to repay.

Your guarantor will have to make the repayments if you cannot make it yourself, so it is important that he or she understands completely the responsibility and the risk involved before you apply.

Cheap No Guarantor Loans

No guarantor loans are loans for people who are unable to find a guarantor or simply do not wish to have one when they take out a loan. In the past, it was difficult for anyone to get an unsecured loan because most lenders consider a guarantor as a safe and easy way of securing a loan. Most lenders in the past require a guarantor for all types of loans.

Loans with no guarantor were rare and usually thought of as unfavourable lending terms. Fortunately, that has changed over the years. Many lenders have realised that this unfairly keep some people from getting loans when they needed them. With the increasing number of lenders offering no guarantor loans for people with good or poor credit or no credit at all, the market has become quite competitive. Therefore, this gives you more choices and better repayment terms.

A no guarantor loan means that no one else is responsible for the loan you apply for but you. It is very important that the loan is repaid on the time and manner agreed with the lender. Because loans with no guarantor mean the lender has nothing to seize or hold on to if you do not repay the loan, these loans tend to have higher APRs than loans with a guarantor. However, this is not true for every lender. Many lenders today offer very competitive no guarantor loan rates, so it is important that you shop around to find the best lender for your own financial needs.

Cheap Instant Loans

Instant loans are convenient. These loans can applied for online. All you need is a computer or a smartphone or tablet, and of course the internet. If you use an iOS or Android device, you’ll find apps designed to help you apply for loans easily. The turnaround time of these loans is super quick. Some online lenders transfer approved funds into bank accounts within the day of application. Others may do this by the following day or week.

The eligibility criteria are quite flexible as well. You don’t need a perfect credit history to get an instant. Even with bad credit, you will get multiple options. What lenders want to see is that you have a regular income and can display an ability to keep up with the repayments. Applying for fast cash advances provides you many options including payday loans, personal loans, personal lines of credit, and bad credit loans.

The only drawback that you will notice about instant cash loans is that they have a higher cost than traditional loans. Look at the fees and rates that the lender will charge you, and make sure that the cost could fit into your budget. Some lenders may also allow you to pay the loan back early without any addition fee, which is a great option because it will help you save on fees.

The rates and charges vary from lender to lender, so take some time to compare different lenders. While it is tempting to grab any loan offered to you in an instant, check with other lenders because you might get a much cheaper loan from other lenders.

Cheap Loans, Direct Lender

When you apply for a loan to a direct lender, the company will carefully consider your personal circumstances. Based on the information you provided, the lender will either offer you the loan or politely decline. Typically, they will approve or deny your request within 24 hours.

Direct lenders usually hold required licenses, so you will feel safer working with them, knowing you are in the hands of an organized and legitimate business. Moreover, because they aren’t paying any commissions to a broker or affiliate, the loans they offer have lower interest rates.

For the cheapest loan possible, seek out a direct lender for your loan. Not only will this prevent a bulk of eager lenders from receiving your contact information and harassing you with offers, but it will also give you a simpler loan experience with a higher level of trust. Furthermore, to get the cheapest rate, it is imperative that you research different direct lenders carefully to compare their terms and conditions, services, and fees including any hidden charges.

No Credit Check Cheap Loans

You may find many lenders in the market advertising that they offer loans with no credit check. These loans can be a good option for you if you have previously struggled to get an approval for any form of credit elsewhere. Although the cheapest loans are usually available only to people with good credit rating, you could still be approved for a loan that you are able to afford even if you have a not-so-good credit.

Applying for no credit check loans can be a problem because it’s actually illegal in the UK to lend money without running a credit check. This regulation exist to prevent loan sharks and fraud lenders. However, you’d still find lenders who advertises no credit check loans that are legitimate. How? They run soft credit check.

These lenders may not directly carry out credit history check, but there are alternative information they will ask from you during your application to determine your eligibility for a loan. These include your address details, monthly salary and employment history, as well as your banking details.


For you to get cheap loans, be certain on how much you want to borrow and for how long you want to repay it. The smaller the amount and the shorter the term, the cheaper the loan. Take time to compare lenders and their rates offered. Always consider how much you can afford each month as your loan repayment. Ultimately, you want to pay one time the monthly repayments to maintain and not improve your credit score. This way, you can get even more cheap loans in the future.

Competitive Company Examples

Loan amount
400 - 1,000
Loan term
20 - 52 weeks
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Loan amount
200 - 750
Loan term
33 or 45 weeks
Great customer service
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5 most recent personal loan reviews

Review of West One Loans

Once I had sorted the application signed my agreement, and got my guarantor to sign his, we both had a phone call within the hour, no issues with either of us and I got a pay out in 25 mins, couldn't have been any better, service on the phone was great nice people to talk to 👍🏻

Review posted by Jack Emberton, Bath

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Fiananta

This was the smoothest process one could hope for! I had previously gone on a wild goose chase with Avant Credit (who are a joke) and then listened to the most ridiculous rates from Everyday Loans (the biggest joke of them all!) and so to get quick and friendly service form Finanta was a pleasure. the customer service staff are extremely friendly and my loan was paid out within a few hours of applying. I would recommend to anyone. My credit wasn't the best but they still accepted me, cant speak highly enough of them!

Review posted by Ricky Hutchens, Shrewsbury

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Ablrate

Excellent Customer Service, the staff were very helpful and polite. I would recommend Ablrate Loans to my Family and Friends. Swift easy process in which to apply and the loan (monies) was deposited into my account well within the 48 hour frame time. Another satisfied customer 🙂

Review posted by Angie Foley, Tuxford

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All reviews acquired from trustpilot.com for authenticity.

Loanovao is an introducer and not a direct lender
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Postal Address: Serpable Ltd, Collingbourne Avenue, Southbourne, Bournemouth, BH65QR
Warning: Late repayments can cause serious financial issues. For help, go to moneyadviceservice.org.uk