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

Unsecured Loans

  • Loans from £50 – £25,000
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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% pa (variable)
We are an Introducer Appointed Representative of Quint Group Limited, who are a credit broker not a lender. moneybolt Introduces customers to Monevo Ltd who are an Appointed Representative of Quint Group Ltd. for the purposes of obtaining a loan. LoanLoad does not provide any loan or consumer credit products directly.

Unsecured Loans

Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Loans subject to status. Over 18s only. Minimum loan amount may apply.
Rates from 4.5% APRC to 65.2% APRC are available – the highest rate is for customers with severe credit problems. Loans available from 1-25 years. TYPICAL 10.9% APRC variable

Why people choose us

Low Representative APR

APR takes into account the amount of interest that will be charged to you for borrowing a certain amount of money.

Fair, Fixed Interest Rates

We won’t try and fool you by luring you in on a low-interest rate only for it to change later.

Potential to Payoff Your Loan Early

Some lenders and brokers arrange loans with flexibility at the centre of what they do.

We can Arrange Loans up to £25,000

Apply today and the loan you are looking for could be arranged by our lenders or brokers within a few minutes.

Desperate Loans: The ideal bad credit options for emergency situations

If you are someone who has a poor credit history or a none-existent one for that matter, taking out a safe and reliable loan in the UK may seem like a daunting task. And if you don’t know where to look, what to look for, and how to begin, the entire process shifts from difficult to potentially futile in an instant. But the truth is there are plenty of financial products and lenders that are readily available for people like you and they can even provide you with the kind of funding that you are looking for with exceptional ease and speed. In fact, you can even complete desperate loans application online in a matter of minutes and get the money that you availed for in the same day! All these and more are possible through desperate loans. why choose benefits loans

Desperate loans for people with bad credit

When you are strapped for cash and the money left in your hands is barely enough to make ends meet until your next pay check arrives, the last thing you would want is for an unforeseen bill or cost to arise. But whether you like it or not, emergency situations can happen anytime and when your car stops running or your child gets rushed to the hospital, you don’t have any other choice but to borrower money from someone or somewhere. In these instances, you could:

  • Take out a loan from your bank
  • Borrow money from family and friends
  • Request for a salary advance from your boss

Taking out desperate loans from a bank might be the first thing that you have in mind if you are looking to secure extra funds. However, bear in mind that traditional loans from banks will require you to have a stellar credit rating among other stringent requirements that you need to satisfy. It would also take several days for your application to be processed and when you are faced with an emergency situation, you may need a loan that can be transacted faster. Family and friends are also great sources of financial help but sometimes, they too are strapped for cash themselves. Many people are also uncomfortable borrowing money from their loved ones and if you are one of them then you might want to secure the needed money elsewhere. Finally, you can ask for a cash advance from your boss but this will depend entirely on your company’s policy. You may also have to complete a lengthy process that will take some time to accomplish. With that being said, desperate loans are the ideal solutions to emergency funding situations especially if you have bad credit. Lenders providing the financial products understand that there are many people in the UK who have become unfortunate victims of bad circumstances  that’s why they will try their best to provide quick and seamless desperate loans even to borrowers who have bad credit ratings.

How desperate loans differ from the other options

Desperate loans are unique in a way that they are designed particularly to cater borrowers with poor or bad credit histories. If you are one of the money who has had problem managing debt in the past, then the credit options could be the solution you need to deal with any unforeseen cost or financial need. Desperate loans can also offer you with a payment term that is ideal to your needs and present circumstances. This makes it easier for you to pay back the money that you owe on time so you can avoid further damaging your already blemished credit history and incurring possible fees and penalties as well.

Desperate loans can affect your credit score

Desperate loans can significantly affect your credit score but in a positive way. If properly used, the financial products can help you rebuild your credit standing back to better standings. If you manage to stick to your repayments according to the agreed terms and conditions, then this will add more points to your credit score. With a new and better credit rating, it would be easier for you to access other loan options with bigger amounts, longer payment terms, and lower interest rates.

Choosing the best desperate loans lender

While there are certainly plenty of desperate loans available in the UK and many of them can even be accessed online, finding the ideal lender might be challenging. Majority of companies providing the financial products in the UK are considered legit and trustworthy but there are those who prey on bad credit borrowers who are searching for quick and convenient funding options. With that being said, if you are shopping online for desperate loans, being extra vigilant is important. Majority of borrowers who have poor credit ratings are often hasty with their decisions especially when their need for funding is extremely urgent. Unfortunately, there are dubious lenders and loan sharks who exploit their desperation by tricking them into exorbitant loan deals and unreasonable payment terms. In the end, the borrower pays more than he or she should be paying and sometimes they are even left with a spiralling debt that they can never get out. When you need to obtain desperate loans, make sure that you conduct some necessary back ground check on the lender that you are looking to apply with. Shopping around would also be wise so you can find the best deals for the most affordable price. In the end, there are lenders who are genuinely committed to helping borrowers with dire situations but there are also those who are looking to cash in on this opportunity. As a consumer, you have the complete power to choose the kind of loan option and provider that suites you and your needs best. Desperate loans are some of the best solutions to emergency financing needs especially if you have bad credit. Just take the needed time to evaluate a lender and compare different deals in the market so you can enjoy the kind of funding that is genuinely worthwhile. why choose desperate loans

Competitive Examples From Other Companies

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1-5 years
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You will need to be over 18 and a UK resident with a valid UK address. You must also have a monthly income (from benefits or a job) and a UK bank account.

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

3 most recent personal loan reviews

Review of Avant

The online application is fast and efficient! I was hesitant about "linking in" to my online bank account......However this made the whole application process far quicker! I can honestly recommend Avant - especially if you are worried about being judged on any previous credit history problems......Avant didn't do that! Just a thorough and fair service with good APR.

Review posted by Trevor Donahue, Derry

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

Review of Lending Works

Seamless and fluent from application to funds available. Outstanding rate, not match-able anywhere! I can't recommend any higher! Thank you, greatly appreciated and very happy customer.

Review posted by Mark Phillips, Portchester

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

Review of Zopa

I do have to say one of the best loan sites i have come across, they make everything so easy, with not very good credit history i did't think i had a chance but they accepted me and i can get my life back on track. Thank you again amigo loans.

Review posted by Wayne Crouch, Plymouth

  • Customer Service
  • Flexibility
  • Ease Of Use
  • Value For Money
All Reviews have been acquired from https://uk.trustpilot.com/ to guarantee authenticity.


MONEYBOLT IS A CREDIT BROKER AND NOT A LENDER. We pass your information to a lender once you have been accepted for a plan. We take a fee from the lender only, once you’re approved and we do not add charges to your plan in doing so.

YOU MUST MAKE ALL AGREED PAYMENTS TO AVOID LEGAL ACTION. If for any reason you will be unable to pay the agreed instalment then contact us immediately. Do not ignore the issue as a default payment will not solve itself.

NEVER BORROW MORE THAN YOU CAN AFFORD. Defaulting on payments can lead to serious and life changing financial issues. Make sure you only accept an agreement that is within your ability to repay.

MoneyBolt.co.uk is a registered trading style of Serpable Ltd, which is an Introducer Appointed Representative of Quint Group Limited and is entered on the financial services register under the reference number 780328. Quint Group Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number: 669450. Serpable Ltd is registered in England and Wales (Company number: 10699069), Registered Office, 17 Collingbourne Avenue, Bournemouth, Dorset. BH6 5QR.

Scam Alert – Beware of impersonators, we will NEVER EVER ask for upfront payments, transfer fees or vouchers to guarantee a loan