If you’ve got unexpected bills or expenses to pay and you’re miles away from payday, it can be stressful. But with a 3 month loan, you could have the cash you need and spread the cost over 3 months.
We’re credit brokers at ThisLender, which means we can match you with one of our UK loan lenders who are all regulated by the Financial Conduct Authority (FCA).
Be warned, though, a 3 month loan is a pricey funding option. There are alternatives out there, including borrowing from friends and family and selling your unused stuff online.
If you’re here to learn more about how 3 month loans work, read on.
A 3 month loan is a short-term loan usually repaid within three months (90 days). Getting a 3 month loan is quick and straightforward, all you need to do is state how much you want to borrow, and the period you want to borrow it for.
Lenders are quick at deciding whether to lend to you or not, and you usually have the funds in your bank account the same day after approval and are paid back in equal monthly instalments.
A 3 month loan can help you out of tricky and unexpected financial situations. For example, you might need to pay an emergency bill, or perhaps you’re consolidating debt — however you choose to spend your three month loan is up to you.
Remember, loan lending criteria differ from lender to lender. But usually, if you meet the below direct lender criteria, then you could qualify for a 3 month loan:
Yes. 3 month loan lenders welcome applications from borrowers with good or bad credit history. Although they will always lend responsibly — the lender will always ensure you can afford to repay the loan in full before signing off your application.
Remember: If you’re struggling with debt management, please visit Money Helper (formerly the Money Advice Service) for free, impartial debt advice.
No, unfortunately, every lender will credit check you. Lenders need to credit check all applicants to make sure they are financially sound and able to make monthly repayments. But remember, there are many lenders out there willing to lend to you if you have a bad credit history.
We offer loans from £100 to £5000. But the amount you will receive will be based on what you can afford and your financial circumstances. You should only borrow the amount of cash you desperately need — as we’ve already mentioned — 3 month loans can be costly.
You can apply for a 3 month loan from a direct lender by simply visiting the lender’s website and filling out an application form. Or, you can use a broker, like us. Here at ThisLender, we match you to the most suitable lender for your needs so you can forget having to research and compare lenders — it’s what we do best. Our services are completely free of charge, and there’s no obligation to accept any quotes from our lenders.
So what’s holding you back? Apply now.
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Access from £100 to £5000†APPLY NOW
Representative 97% APR (fixed)
Representative example: Borrow £1000 for 24 months at 24 equal instalments of £77.48. Total amount to repay £1,859.52. Interest £859.52. Annual interest rate 70% (fixed). APR rates range from 45.3% APR. to 1575% Max APR. Your APR rate will be based on your circumstances.
We are not a lender but a licensed credit broker in the UK