2 Week Loan Alternatives

Two-week loans can offer temporary financial support in emergency situations, but, it’s worth noting, there aren’t many lenders offering this short repayment period.

At ThisLender, we work with lenders offering between 3 and 36-month repayment periods, which can be a great alternative to a 14-day loan. You can repay over a longer period of time and spread the cost, making it more affordable.

Learn more about two-week loans below.

• What is a 2 week loan?
• Do 2 week loans exist?
• Can I get a 2 week loan if I have bad credit?
• Are credit checks required for a 2 week loan?
• Am I eligible for a 2 week loan?
• What are the benefits of 2 week loans?
• Are there any risks when you take out a 2 week loan?
• How do I get a 2 week loan from a direct lender?
• Is a 14 day loan right for me?
• Why choose ThisLender for 2 week loan alternatives?
• Where do I go for help if I’m in financial difficulty?

What is a 2 week loan?

A two-week loan is a loan you pay back within two weeks. These loans can be known as short-term loans or payday loans. These loans work much like any other loan, you’ll receive the money as a lump sum into your bank account, and you’ll repay the loan, with interest, in fixed instalments or all at once.

Do 2 week loans exist?

There will be some lenders out there lending money over 14 days. But at ThisLender, none of our lenders will lend over this time frame. So instead, we can help you secure a short-term loan that you can repay over a longer period (three months to three years), making it easier for you to make monthly repayments.

Can I get a 2 week loan if I have bad credit?

Yes, you can get a short-term loan with bad credit. Lenders try to make lending accessible to as many consumers as possible, so they will look at loan applications on a case-by-case basis.

Approval for a two-week loan will depend on whether you have a stable monthly income and can prove you can easily repay the loan with interest. Many of the lenders we work with offer specific loan options for consumers with bad credit, such as guarantor loans.

These loans are cosigned with a trusted second party — a family member or friend, who will take over repayments should you default.

Are credit checks required for a 2 week loan?

Yes, credit checks are always carried out regardless of the type of loan you’re applying for. This protects the lender and ensures they’re lending to consumers responsibly. All lenders lending to consumers are regulated by the Financial Conduct Authority (FCA), which means they must follow guidelines when lending.

Am I eligible for a 2 week loan?

Eligibility will differ between lenders, but usually, if you meet the basic criteria below, you’re in with a good chance of securing a short-term loan.

• You live at an address registered in the UK
• You have a UK bank account and debit card
• You’re over the age of 18
• You have a regular monthly income
• You’re not bankrupt

Find out today if you’re eligible — apply now.

What are the benefits of 2 week loans?

Getting quick cash is sometimes necessary, particularly when an unexpected bill comes through your door. A 2-week loan can help tide you over until your next payday. Short-term loans are quick and flexible, with money sometimes in your account within just 10 minutes of application acceptance.

Are there any risks when you take out a 2 week loan?

There are always risks to consider when taking out short-term finance. If you fail to repay the loan in line with the lender’s terms and conditions, this could affect your credit score, making it harder for you to secure future finance.

It’s important to first approach family and friends for money before applying for a short-term loan, particularly if you only need it for weeks. If you can’t borrow the money from people around you, consider selling items you no longer need or use to raise funds.

How do I get a 2 week loan from a direct lender?

You can apply directly through their website if you find a direct lender that offers 14-day loans. Or, if you’re looking for 2-week loan alternatives, we can help match you to a suitable lender free of charge.

Our lender repayment terms start from 3 months and can extend up to 36 months, depending on the loan amount and your personal circumstances.

Is a 14 day loan right for me?

If you have exhausted all other options such as selling unwanted items or asking friends or family for help, than a loan could be a good option.

Read more: Need Cash Fast? Here are 14 Ways To Get Money Quickly

There aren't many lenders offering 14-day loans, but short-term loans, in general, can provide you with emergency funds for unexpected situations. They can give you temporary relief from financial difficulties, but they should not be used to help with long-term debt — it's easy to fall into a debt cycle, which is unhealthy.

You could consider taking a short-term loan out over a longer period of time — this gives you time to repay the loan in fixed monthly instalments instead of having to pay it back in a very short timeframe.

Why choose ThisLender for 2 week loan alternatives?

We’re a broker, which means our loan matching service is 100% free for you to use. We do all the legwork so you don’t have to worry about finding the right loan type for you, just give us some basic information and we’ll do it for you.

Our panel of trusted UK lenders are all regulated by the FCA and we’ll only match you with those who match your criteria. Then the ball’s in your court, there’s absolutely no obligation to accept any of the quotes presented to you by our lenders.

• Borrow from £50 up to £5,000^†
• Flexible loan repayment over 3 - 36 months
• Money could be with you within 10 minutes^² after approval
• No broker fees
• All credit types considered
• We're Authorised and Regulated by the Financial Conduct Authority

Where do I go for help if I’m in financial difficulty?

If you are having financial difficulties or need to speak to someone regarding your financial situation before applying for a loan you can get free and confidential advice from MoneyHelper (formerly The Money Advice Service), National Debtline or debt charity StepChange.