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12 Month Loans

Warning: Late repayment can cause you serious money problems. For more information, go to MONEYHELPER.ORG.UK
Credit subject to status & affordability assessment by Lenders.
786 Loans is a credit broker and not a lender

Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on any debt secured against it.

12 Month Loans – What Are They?

This is a short-term unsecured personal loan given to a borrower for a period of 12 months. Traditionally, a payday loan was given out for a month or till the next paycheck of the borrower arrives. However, change in demand and needs of the borrowers made the lenders improve the unsecured lending market in the UK. These high-cost short-term loans are now given out for a period of a year or less.

A 12 Month Loan allows a borrower to easily repay the loan in 12 months with fixed repayment amounts. A borrower has the freedom to choose the loan amount and the tenure of loan repayment.

Are 12 Month Loans Available for People With Bad Credit Score?

Generally, lenders prefer to lend money to people who have a good credit score. However, the scenarios have changed over the years. Lenders do understand that a credit score alone cannot depict the financial behaviour of the borrower. To assess the creditworthiness of the borrower, they also check the borrower’s repayment affordability. How good is a borrower in managing their personal finance gives an idea to the lenders of their wealth management.

Borrowers with not so perfect credit score may apply for a 12 Month Loan for Bad Credit. An unsecured loan is certainly considered as one of the ways to improve and build a credit score. It takes time and it needs consistent efforts. Timely repayments of the loan may help a borrower to upgrade their credit score.

Missed repayments can severely damage your credit score. Therefore, it is prudent to borrow the amount that can be repaid by you, without any difficulty. Your ability to borrow money in future is jeopardised if you do not make timely repayments. The lenders may make arrangements to take repayments directly from your bank account on a fixed date of every month that you both must have agreed to at the time of entering into a legal agreement. Plan ahead for your repayments to save yourself from any further inconvenience.

How to Apply for 12 Month Loans Online in the UK?

Advancement in technology has made everything easier. The solution to everything is now available online. Gone are those days when borrowers had to hop on the streets from one lender to another to get a quote and eventually an unsecured loan. Blessed be the internet, which saves the time and efforts of billions of people who are on a lookout for loans.

With a few easy steps, you can easily apply for a loan at 786 Loans:

  1. Fill in the application form with all the necessary details.
  2. Submit the application form.
  3. Get access to lenders who are willing to offer you a loan.
  4. Go through their quotes and choose your own lender.
  5. We will forward your application to the lender.
  6. After an eligibility assessment, the lender may approve or reject your application.
  7. You will get the result within a few minutes on the screen.

Save yourself from getting out under the sun, rain and snow to avail a 12 Month Instalment Loan in the UK. 786 Loans is a safe and appropriate way to apply for these short-term instalment loans online. Our service is completely free as we do not charge any upfront fees to the borrowers.

To apply for a loan with us,

  1. you must be a citizen of the UK,
  2. your age must be 18 or above,
  3. you must have a valid bank account, and

you must have a source of income.

Will I Need to Involve a Guarantor for Getting a Quick 12 Month Loan Online in the UK?

A guarantor is someone who pledges with you during a loan application, who will be liable to repay the loan if you fail to make the repayments. But why to drag people who are our friends and family into our financial liabilities? Therefore, a borrower now can apply for a 12 Month Loan for Bad Credit with No Guarantor. Being responsible for your own finances is a sign that you are good at managing it efficiently.

You must have encountered a few lenders who do not approve a loan unless and until you provide them with a guarantor or a co-signor. Some lenders may need a guarantor with a good credit score to vouch for you. However, not every lender has the same criteria for lending money. And fortunately, 786 Loans deal with lenders who are authorised by the FCA and who do not ask the borrowers to present a co-signor for approval of the loan.

No guarantor loans are one of the most popular forms of borrowings in the UK. The process of application for loans without guarantor is easy and lenders do not ask for the involvement of another person to be held liable in case of non-repayment of the loan.

Borrow Responsibly – With 786 Loans UK

786 Loans is an FCA authorised loan broker operating across all the major cities of the United Kingdom including Birmingham, Bristol, Glasgow, Leeds, Liverpool, London, Manchester, Nottingham, Sheffield, and Southampton.

We are loan brokers and we do not provide any loans. We help borrowers to find the right lender for their financial necessities. Debt is not always an answer to your financial troubles, however, if you feel burdened or trapped with debt, do not hesitate to contact Money Advice Service.

Responsible borrowing and lending can help the unsecured lending market to be fairer and transparent. Therefore, we only deal with lenders who are authorised by the financial watchdog of the country, the Financial Conduct Authority (FCA). Timely repayment of the loan helps a borrower to maintain their credit score and it also helps the lender to facilitate the needs of the borrower in the future.

For availing unsecured personal loan with 786 Loans, a borrower doesn’t have to pay any upfront fees. We do not have any hidden fees as well.

If you are getting declined for a loan because of bad credit, apply now with 786 Loans here.

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Registered Office is a registered Trading Name of Tiger Lion Financial Limited. Tiger Lion Financial Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number: 753151. Tiger Lion Financial Limited is registered in England and Wales (Company number 10189367), Registered Office: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ. Licenced by the Information Commissioners Office, (registration number ZA185613)

Authorisation can be checked on the Financial Service Register at


WARNING: Late repayment can cause you serious money problems. For more information, go to MONEYHELPER.ORG.UK.

Credit subject to status & affordability assessment by Lenders.

786 Loans is a credit broker and not a lender.

Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on any debt secured against it.

Not all borrowers will qualify for a loan. The operator of this website does not engage in any direct consumer lending, we simply provide you a FREE loan brokering service. This means we don’t charge customers a fee for using our introducer services, but we receive a commission from lenders or other brokers if a customer enters into a consumer credit agreement with them following an introduction by us.

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786 Loans
71-75 Shelton Street
Covent Garden, London, WC2H 9JQ United Kingdom
0203 633 1034
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