£600 Loan - Access loans for 600 pounds today

If you’re looking for a £600 loan, you’ve come to the right place. We help to arrange £600 loans from direct lenders for UK customers. Receive an instant online decision and pay back the money flexibly over 3 - 36 months.

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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 not a lender but a licensed credit broker in the UK

When you’re faced with an unplanned expense, it can be stressful figuring out where you’ll find the spare hundreds of pounds before your next salary payment comes in.

It’s a worrying place to be in, but luckily there are solutions for you to consider. For example - with a £600 loan you could receive instant cover and make small monthly payments once the expense has been cleared.

These 600 pound loans exist to help people cover financial emergencies, and it doesn’t matter if you have bad credit either. With options for people of all credit histories, you’re bound to find a short-term loan solution. Discover whether a £600 loan is what you need in our complete guide below.

A guide to £600 loans:

What is a £600 loan?

A 600 pound loan is a type of short-term, personal finance that lets borrowers acces £600 quickly. With this loan option, you receive a lump sum of money upfront, then make weekly or monthly repayments at a pre-agreed interest rate. Because the interest rate is fixed, the amount of money you pay back each month stays the same.

These loans offer lots of flexibility for borrowers. Not only can you choose your repayment term, you can also borrow more money if need be. At ThisLender, we help to arrange loans from £50 - £5,000.

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How do I apply for a £600 loan?

Applying for a £600 loan couldn’t be easier. These days, there are lots of options for borrowers, so it’s really up to you how you’d like to apply. There are two popular ways to apply online:

The first option involves applying for a £600 loan via a direct lender. This means that you submit an online application on your chosen lender’s site. You will only receive that specific lender’s quote, and then you will have to research to ensure the quote you’ve been sent is competitive.

All lenders have different lending requirements and charge individual interest rates, which can make it hard to ensure you’ve found the right lender for your needs. For this reason, many people prefer to apply through a broker like ThisLender.

With this option, you still make an online application, the only difference is that we will search our panel of lenders and match you to a suitable loan provider for your needs in minutes.

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Access from £50 to £5000

Am I eligible to borrow £600?

At ThisLender we try to make personal loans as accessible to as many people as possible. You could be eligible to borrow £600 if you meet the following criteria:

  • Over the age of 18 years old
  • UK bank account with debit card
  • Employed with evidence of regular income
  • NOT currently bankrupt

Once you make an application, we will run a soft credit check, which won’t be shown on your credit file.

Then, if you pass our initial screening, there will be a second application process with the lender you choose to go ahead with. At this point, the lender will run a hard credit check, as well as asking you for more documents to evidence your affordability. These documents typically include proof of income and expenditure, your address history and proof of employment.

I’m looking for a £600 loan with no credit check

Unfortunately, it’s not possible to get a £600 loan without a credit check being conducted. This credit check is a UK lending requirement, and it exists to help prevent you from getting into debt you can’t afford to repay.

Don’t worry though! The credit check is only one part of the application process. These days, lenders conduct various different assessments to focus on overall affordability. It’s not as black and white as bad credit = denied application.

We get a lot of customers asking about loans with no credit checks, and it’s a common misconception that these loans exist. In fact, all lenders must adhere to the Financial Conduct Authority’s (FCA) regulations, and a credit check is included in this.

Where can I get a £600 loan with bad credit?

If you have bad credit but need to borrow 600 pounds, you can apply right here through ThisLender. As more and more lenders are expanding their loan products and offering, there are now specific loan products tailored for bad credit available.

At ThisLender, we work with some of these providers, so when you make an application through our website, you stand a good chance of being approved for finance.

However, if you have bad credit, or you haven’t yet built up a credit history, two things could happen. You might be quoted a bad credit loan, in which case the interest rate you receive will be slightly higher. Or, you could be offered a guarantor loan, With this second option, you will need to provide a 'guarantor' (friend or family member with good credit) to co-sign your £600 loan agreement.

Get your loan quote today

Access from £50 to £5000

What are the benefits of £600 loans?

600 pound loans tend to be popular because they offer customers a number of benefits in terms of flexibility and speed of access. It’s important to weigh up the pros and cons of any loan product before deciding to take one out, and the pros of £600 loans include:

  • 3 - 36 month repayment terms: Spread the cost of the loan over a repayment term that suits your budget. These flexible terms make it easier to borrow money and stay in financial control.
  • No spending restrictions: The money can be spent on any financial emergency you encounter. There are no restrictions as to how you must spend the money, it’s yours to do with as you please.
  • Cover substantial expenses: A £600 loan provides you with a large lump sum of spending money - which can be used to pay for things like vehicle or household repairs, medical bills or even to cover funeral costs.
  • Options for all credit scores: You could be eligible to receive £600, even if you’ve suffered adverse credit in the past.

Are there any disadvantages to £600 loans?

All loan products come with risks, and that’s probably their biggest disadvantage. You have to be certain you will be able to afford to pay the money back, otherwise you risk getting yourself into a cycle of unaffordable debt.

Important: You should only ever take out a £600 loan if you’ve exhausted all other avenues, such as selling unused items, or borrowing from friends or family members. And they should only be used for emergencies, never for leisure spending.

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Why choose ThisLender to arrange a £600 loan?

When you apply to borrow 600 pounds from ThisLender, you keep things simple. It’s just one easy application that can be completed online entirely free of charge. We have our customers’ best interests at heart, and we are always striving to make our service the best it can be.

  • Approved by the Financial Conduct Authority: All the direct lenders on our platform are registered with the FCA, which means they adhere to lending best practice. You’re in safe hands.
  • No obligation to proceed with funding: The bespoke quote you receive after making a £600 loan application are no obligation. This means that you can change your mind about borrowing money at any time .
  • Cover substantial expenses: A £600 loan provides you with a large lump sum of spending money - which can be used to pay for things like vehicle or household repairs, medical bills or even to cover funeral costs.
  • Options for all credit scores: You could be eligible to receive £600, even if you’ve suffered adverse credit in the past.

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.

Get your free loan quote today

Access from £50 to £5,000

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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 not a lender but a licensed credit broker in the UK

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