The Very Best Loans with Loantra

Short-Term Loans

Apply Today to Borrow up to £995

*Online decision

*Responsible lenders

*Rates from 278% to 1576%

*3-12 month repayment

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Personal Loans

Apply Today to Borrow up to £25,000

*Instant Decision

*60-Second Application Form

*Rates from 4.7% to 278%

*3-36 month repayment

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What Loantra can do for You

Long Term Installment Loans No Credit Check Direct Lenders

When you need money quickly, going to direct lenders is often the best choice. These companies will be able to make a decision right then and there and often will credit your account with the amount you need within the hour. That means that you can go online, enter your details and then have the money immediately to spend. But for true convenience, flexibility and the best benefits for your long-term finances, the loans you’re searching for should be long term installment loans with no credit check from direct lenders. Just what does all that mean though?

Long Term Installment Loans

You’ve probably seen ads on TV for payday loans. These are loans that you can get deposited immediately into your account with no need for a credit check and with no need to have a lengthy discussion with a bank. The loans are short term, small amounts with high APR. That APR doesn’t matter though, because you’ll pay off the whole thing in one go after just a short amount of time. But what if you need a little more? Or you need to borrow it for longer? Long term installment loans will do just that but without going into full-blown ‘bank loan’ territory. This is a relatively small loan, with around 50% APR, paid back in a few installments. It’s ideal because it’s more flexible than a payday loan while still being quickly and easily accessible.

No Credit Check

When you take out a smaller loan with high APR – as with a payday loan or installment loan – you often won’t need to go through the usual formal credit check. That’s because the loan will be relatively low-risk for the lender and that means they can open their doors to everyone. This is also the benefit of going to direct lenders – as they can make the judgement themselves. If you’ve been turned down for bank loans then, you can use long term installment loans as an alternative that will be the next closest thing. But there’s another benefit too – because the loan is paid in installments, this gives you the chance to demonstrate your ability to repay on time. In turn, that means that you can actually improve your credit rating gradually, meaning you’ll be more likely to be approved for future loans that you apply for. So by looking for long term installment loans with no credit check from direct lenders, you’ll able to get an immediate loan that will be highly flexible and paid off in a series of installments. You’ll be able to get approved for it even if your credit score is very poor and you’ll receive it in your bank in minutes. Best of all, you’ll be improving your record so that you’ll have more to choose from next time. For all these reasons, this is one of the most flexible solutions for anyone who needs a fast cash injection and has had trouble getting it from elsewhere.

See How We Compare to Our Competitors

Loan amount
£500 - £20,000
Loan term
12 - 60 Months
CUSTOMERSCORES
Good
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Loan amount
£500 - £100,000
Loan term
1 - 18 Months
CUSTOMERSCORES
Excellent
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Loantra is a licensed credit broker and not a lender.

We will never charge you for our service and the lender will not increase the rate to cover our fee to them.

We work with over 40 different lenders to bring you the very best rates from across the UK market.

Representative 305.9% APR. Representative example: £400 borrowed for 90 days.

Total amount repayable is £561.92 in 3 monthly instalments of £187.31.

Interest charged is £161.92, interest rate 161.9% (variable)

Warning: Late repayment can cause you serious money problems. For help, go to moneyadvice.org.uk.

Do not borrow more than you can pay back as defaulting on payments can lead to serious monetary problems.

Any collateral you have against the amount may be at risk of repossession.

5 most recent personal loan reviews

Review of Natwest

My personal loan from NatWest was planned in advance because I like to do plenty of research before committing to something as important as a building extension. I wanted to make sure the loan would be possible and that it was at a competitive rate before I started employing architects and builders. I was in regular contact with our local branch’s loan adviser and they finally sorted out a very good loan for me and once that was agreed I got on to the job of planning this extension. We’d already had the go ahead from the local council so it was all systems go once that all important loan was finalised. Sometimes it’s best to deal with your own bank for such an important loan and I am pleased that I entrusted NatWest with my loan.

Review posted by Wayne Crouch, Plymouth

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of U Switch

In our position your company treats us well. We have the income but unfortunately due to circumstances beyond our control our credit rating is bad. Thank you Uswitch for giving us a chance.

Review posted by Neil Morrison, Perth

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

Review of Wonga

Suprised at ease of application. Never wanted to use these kind of things but had a very tough month and needed a few pounds before payday. After checking different options I found the small amount to payback manageable and it’s all payed back 2 days after payday. Easy process with quick response.

Review posted by Anthony Bell, Chelmsford

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money

All reviews have been sourced from Trust Pilot to ensure authenticity of testimonials.