Small Loans No Credit Check *

£100 - £5,000 paid out by 08:02pm

How much would you like?


Representative 669.35% APR

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).
*Subject to application being approved by the lender. Not all lenders are able to provide up to £5000.
*Omacl will not perform a credit check but lenders will determine your loan eligibility by performing a soft search. If you accept the loan offer presented to you, a hard credit search will be performed.

Who are small loans no credit check for?

You may have seen advertisements for small loans no credit check and wondered who they were for. You may think that they are not something that you should consider. These loans do not exist, any lender will be legally required to make both credit and affordability checks.

What are small loans no credit check?

It is worth understanding a bit more about what small loans are first. These are different to loans with conventional lenders, which are normally for relatively large amounts and given to people with good credit records. These small loans are designed for those that only want to borrow a small amount of money but do not have the option of an overdraft or credit card because they have a poor credit rating. They are all regulated, so there is some protection against being massively overcharged. Every lender will carry out credit checks.

How much would you like?

Apply Now

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). 

How do the loans work?

The loans are very simple. You go to the website of the lender or speak to them on the telephone. You let them know your borrowing needs and give them some of your details. They will then come back to you with details of how much you can borrow and how much it will cost. This can be a very quick process and if you decide to accept their offer, they will very quickly process your application and you may even find that you get the money that you want within the same day or the day after.

small loan no credit check

Who are the loans for?

Small loans like this first came about when it was seen that there was a gap in the market. There were many people that had a poor credit record and therefore could not take conventional loans but that needed money. They may have had to go to loan sharks or other similar lenders and to avoid them having to do that, short term loan companies came about. However, they are available for anyone. However, even if you have a good credit record, you can still borrow money, but there may be cheaper options available to you. Keep in mind though that whilst they may be branded as no credit check, any reputable lender will always perform a soft search to make sure you are eligible for the loan at hand and that you can actually afford it. Defaulting on your agreement is no good for neither you not the lender.

Are the loans right for you?

Whether a loan is a good idea for you, is an important question to ask yourself. Before this though you need to think about the following –

  • Do I need to borrow money?
  • Is what I am spending it on necessary?
  • Can I earn more instead?
  • Do I have savings I could use?
  • Can I sell anything to get the money?
  • Can I earn the money instead?

Omacl is rated 4.85 stars by based on 13 reviews

It is only if all of the answers to the above are ‘no’ that you should consider borrowing at all. This is because all loans cost money and if you can avoid that cost, then you are really benefitting your finances.

Once you decide to take out a loan it is wise to compare the different types. If you have a bad credit record then your choice will be more limited, but it is still worth contemplating all of your options as there will be differences in price and terms which could have a significant impact on you.

If you do decide on a small £1,000 loan, then it is wise to compare the different lenders so that you get the best deal that you can. Doing this can be rather time consuming but there are ways that you can make it easier. There is a site called Omacl, for example that will compare lenders for you and make the job a lot easier. They will come up with lenders that suit your needs and compare the prices for you so that you can get a good deal.

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


So as you can see, small loans can be for anyone but were specifically designed for those with a poor credit record. They can be fast to arrange, which makes them suitable for anyone that needs money really quickly too. It may not be the cheapest type of loan and so if you can, it may be wise to use other options, but if other options are not available, then it is the perfect alternative and also ideal if you need money in an emergency.

small loan no credit check

Warning: Late repayment can cause you serious money problems. For help, go to Omacl is a broker, not a lender, and does not make credit decisions.