6 Month Loans from £50 to £5000

Get a short term 6 month loan today through ThisLender. Borrow up to £5,000 and spread the cost of the loan over six months. Don’t worry about repayments hanging over you, you can pay off this loan in just half a year.

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NO OBLIGATION & NO BROKER FEES

Representative 49.9% APR

Representative example: Amount of credit: £1200 for 18 months at £90.46 per month. Total amount repayable of £1628.28 Interest: £428.28. Interest rate: 49.9% pa (variable). 49.9% APR Representative. Rates from 45.3% APR to 1721% APR - your no-obligation quote and APR will be based on your personal circumstances. The minimum repayment period for any loan will be 90 days from the date the loan is issued. The maximum repayment period is 3 years.

We are a credit broker, not a lender

Every now and then, unexpected costs can crop up and throw a spanner in the works. Your monthly budget may not have accounted for these additional costs, and in these instances, a short term 6 month loan could help.

Perhaps you’ve received an unexpected bill, or you’ve had to take a last minute trip to the vet - whatever the cost, a 6 month loan could be a viable option for you. We must stress that a short-term loan like this is expensive, and if you default on your repayments, it can severely damage your credit score.

Apply for a 6 month loan

However, under the right circumstances, a 6 month loan could be the short term funding solution you’re looking for. It’s important to do your research first, so keep reading to learn more about 6 month loans.

What is a 6 month loan?

A 6 month loan is a short term cash allowance that is repaid over a half year period in six, equal monthly instalments.These 6 month loans are used to cover unexpected expenses and are borrowed at a fixed interest rate.

How do I apply for a 6 month loan?

There are two main ways to apply for a 6 month loan online. Your first choice is to apply for a 6 month payday loan directly through a lender’s website. Or, you can make use of a credit broker, like ThisLender.

6 month loans through direct lenders are relatively easy to apply for, but you’ll need to take time researching your options to find the best deal. For this reason, we recommend using a broker service that can match you to a suitable 6 month loan deal for your financial situation.

After you’ve told us what you want, we can quickly introduce you to a lender for you. Our broker service is 100% free, and we work alongside UK lenders authorised and regulated by the Financial Conduct Authority (FCA), so you can trust the service we provide.

All we need you to do is complete our easy online application form. We will ask for a few details, including how much you want to borrow and what you intend to use the money for. You can apply to borrow any amount you’d like, from £50 to £5,000.

After we have assessed your application, if successful, you will be presented with a no-obligation loan offer from a suitable lender. We even have 6 month loans for bad credit available too.

What are the benefits of 6 month loans?

6 month loans are a popular funding solution that provide customers with quick access to cash. Find out more about the benefits a 6 month loan could bring:

  • Borrow over the short term: These loans allow you to pay off the total amount of the loan quickly. Instead of making payments for years and years, your loan could be paid off in just half a year.
  • Receive money in 10 minutes²: Because 6 month loans are relatively straightforward to arrange, you don’t need to worry about waiting weeks on end for the money to come through. Some lenders can arrange funds to be issued within 10 minutes² after approval.
  • Choose how much to borrow: With a 6 month loan you could borrow any amount from £50 to £5,000 to cover immediate expenses. The choice is yours.

Am I eligible for a 6 month loan?

We do our best to ensure as many applicants as possible are able to receive the funding they need. However, there are some eligibility requirements you need to meet before applying.

If you meet the below direct lender criteria, then you could qualify for a 6 month loan:

  • You’re over 18
  • You’re a UK resident with a permanent address
  • You’re employed and have a regular income
  • Have a UK bank account with a debit card
  • Your wages are paid into your UK bank account
  • You are NOT currently bankrupt
  • Get your loan quote today

Remember, once you pass the initial application stage, different lenders will have their own specific eligibility requirements.

Can I get a loan for 6 months?

If you meet the below direct lender criteria, then you could qualify for a 6 month loan:

  • You’re over 18
  • You’re a UK resident with a permanent address
  • You’re employed and have a regular income
  • Have a UK bank account with a debit card
  • Your wages are paid into your UK bank account
  • You are NOT currently bankrupt

Get your loan quote today

Access from £50 to £5000

Remember, different lenders will have different eligibility requirements; check with each lender before applying.

Can I get a 6 month loan if I have bad credit?

Yes, you can. There are many bad credit lenders out there offering loans to all applicants, regardless of credit history. As long as you meet the general criteria listed above, you’ve got a good chance of securing a 6 month loan.

Can I get a 6 month loan if I have bad credit?

Yes, you can - and 6 month loans for bad credit are more common than you may think. There are many bad credit lenders out there offering loans to all applicants, regardless of credit history.

As long as you meet the general criteria listed above, you’ve got a good chance of securing a 6 month loan. This is because our lenders don’t solely focus on your credit score. Instead, they look at your full financial profile to gauge affordability, and this includes your income, assets and expenditure.

We always do our best to help customers secure funding, and if you have bad credit you could still be eligible for a 6 month bad credit or guarantor loan. These loans work similarly to standard six month loans, but with guarantor loans, you’ll need to get someone to agree to co-sign the agreement.

Will I require a guarantor for a 6 month loan?

Lenders don’t usually require guarantors for a 6 month loan. But as mentioned, if your credit history is poor, they might ask you for one.

Guarantor loans give lenders the reassurance that in the event you default on your loan repayments, they will still have a way of recuperating the money they’ve leant to you. Although you should approach guarantor loans with caution, if you’re confident in your ability to make repayments then there’s really nothing to worry about.

Can I get a 6 month loan with no credit check?

No, every lender will credit check every applicant. The law requires all direct lenders to carry out credit checks, so you should not apply with a lender who skips this step.

If you want a 6 month loan on a no credit check basis, think again! Credit checks are important for both you and the lender - they need to protect their investment and make sure you can afford to repay the loan amount in full (including interest and fees).

These checks are in place to prevent you from getting into debt you can’t afford to pay back. They also are not the sole deciding factor, as mentioned above you can still get a 6 month loan with bad credit.

How much can I borrow over 6 months?

At ThisLender we offer six month loans from £50 to £5000. You should never borrow more than you absolutely need, and you should be confident you will be able to pay the amount back within the 6 months.

Although you can apply for any loan amount up to £5,000, the actual amount you will receive will be based on what you can afford and your financial circumstances. But be warned, these types of short term loans are expensive.

6 month loans are considered to be short term, so they are accompanied by higher interest rates. Lenders charge increased rates due to the short period that you’ll be borrowing over. However, at ThisLender we always aim to find competitive rates for our customers that are in line with the Financial Conduct Authority’s (FCA) price cap.

Did you know: The FCA introduced price cap rules so “for all high-cost short-term credit loans, interest and fees must not exceed 0.8% per day of the amount borrowed.” As you can see from the above example, lenders charge pretty much up to that limit.

If you’re struggling to manage your debt, speak to the people over at Money Helper (formerly the Money Advice Service) for free, unbiased money advice.

How quickly can I get a 6 month loan?

A 6 month loan is quick and easy to get hold of, so fast, in fact, that you could have funds in your bank account in as little as 10 minutes² after approval.

So if you’ve already asked friends and family for cash, and exhausted all other options but need money in a hurry - then a 6 month loan could be your best bet.

Apply for a 6 month loan

How do I get a 6 month loan from a direct lender?

Applying for a 6 month loan with a direct lender is easy - simply visit the direct lender’s website and fill out an application form. Before deciding on a lender, you should compare different loan products and shop around to find the best deal. Alternatively, we can do all of this for you. We’re a credit broker, which means our online loan matching service is completely free for you to use.

Fill in our short form, and we’ll go out and match you with the right lender for your needs. We’ve helped thousands of customers secure cash quickly, let us do the same for you.

Why choose ThisLender to arrange my 6 month loan?

The team at ThisLender are passionate about providing clear and concise information to help our customers borrow with confidence. Applying for a personal loan can be a stressful experience, but it doesn’t have to be that way… We promise transparency at each stage, and are on hand to answer any questions you may have.

  • Financial Conduct Authority (FCA) approved: We are authorised and regulated by the Financial Conduct Authority, as are the licensed lenders we work with.
  • Cyber Essentials Certified: We take cyber security seriously and have several measures in place to keep your confidential data protected.
  • All Applicants Welcome: We understand that credit history isn’t straightforward. We work with lenders who are able to provide loans to candidates with all credit scores.
  • Instant Loan Matching Service: Our online loan matching service quickly finds a suitable lender in minutes.
  • Let Us Do The Hard Work: Save yourself time and energy researching different loan products and lenders. We find the right providers for your situation and needs.

Apply for a 6 month loan today

Access from £50 to £5000

Apply online APPLY NOW  

Representative 49.9% APR

Representative example: Amount of credit: £1200 for 18 months at £90.46 per month. Total amount repayable of £1628.28 Interest: £428.28. Interest rate: 49.9% pa (variable). 49.9% APR Representative. Rates from 45.3% APR to 1721% APR - your no-obligation quote and APR will be based on your personal circumstances. The minimum repayment period for any loan will be 90 days from the date the loan is issued. The maximum repayment period is 3 years.

We are a credit broker, not a lender.

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