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Personal Loans

A personal loan allows you to borrow a sum of money which you will repay, with interest, over an agreed period of time. Find out how to apply for a cheap personal loan today!

Check eligibility

Membership fee

£10/month

2 loans per year

£500 | £500

Repay each loan in

6 months

Rep. APR

43.1%

Start building your credit today and access your first loan after 14 days.

Representative example: Total amount of credit of £1,000 over 12 months. The first payment for each advance is £83.35 followed by 5 monthly repayments of £83.33 and 12 monthly membership payments of £10. Rate of interest 0% p.a. (fixed). Representative 43.1% APR. Total amount payable £1,120.

Membership fee

£8/month

2 loans per year

£250 | £250

Repay each loan in

6 months

Rep. APR

77.3%

Start building your credit today and access your first loan after 14 days.

Representative example: Total amount of credit of £500 over 12 months. The first payment for each advance is £41.70 followed by 5 monthly repayments of £41.66 and 12 monthly membership payments of £8. Rate of interest 0% p.a. (fixed). Representative 77.3% APR. Total amount payable £596.

Membership fee

£5/month

2 loans per year

£100 | £200

Repay each loan in

6 months

Rep. APR

87.5%

Start building your credit today and access your first loan after 14 days.

Representative example: Total amount of credit of £300 over 12 months. The first payment for the first advance is £16.70 followed by 5 monthly repayments of £16.66. The first payment for the second advance is £33.35 followed by 5 monthly repayments of £33.33 and 12 monthly membership payments of £5. Rate of interest 0% p.a. (fixed). Representative 87.5% APR. Total amount payable £360.

Personal Loans

A personal loan allows you to borrow a sum of money which you will repay, with interest, over an agreed period of time. Find out how to apply for a cheap personal loan today!

Check eligibility

Membership fee

£10/month

2 loans per year

£500 | £500

Repay each loan in

6 months

Rep. APR

43.1%

Start building your credit today and access your first loan after 14 days.

Representative example: Total amount of credit of £1,000 over 12 months. The first payment for each advance is £83.35 followed by 5 monthly repayments of £83.33 and 12 monthly membership payments of £10. Rate of interest 0% p.a. (fixed). Representative 43.1% APR. Total amount payable £1,120.

Membership fee

£8/month

2 loans per year

£250 | £250

Repay each loan in

6 months

Rep. APR

77.3%

Start building your credit today and access your first loan after 14 days.

Representative example: Total amount of credit of £500 over 12 months. The first payment for each advance is £41.70 followed by 5 monthly repayments of £41.66 and 12 monthly membership payments of £8. Rate of interest 0% p.a. (fixed). Representative 77.3% APR. Total amount payable £596.

Membership fee

£5/month

2 loans per year

£100 | £200

Repay each loan in

6 months

Rep. APR

87.5%

Start building your credit today and access your first loan after 14 days.

Representative example: Total amount of credit of £300 over 12 months. The first payment for the first advance is £16.70 followed by 5 monthly repayments of £16.66. The first payment for the second advance is £33.35 followed by 5 monthly repayments of £33.33 and 12 monthly membership payments of £5. Rate of interest 0% p.a. (fixed). Representative 87.5% APR. Total amount payable £360.

Whether you're eager  to go on holiday or you need to borrow money to pay for an unexpected expense, there are lots of reasons you might want to take out a personal loan.

Before applying for a loan, it's a good idea to compare a few different options to find one that's affordable for you.

This is where we can help. Our simple and reliable no-interest personal loans makes taking out a loan easier.

What are the benefits of a personal loan?

With a Creditspring membership, you'll have access to two no-interest personal loans each year.

You won't have to worry about interest rates spiraling out of control or the debt becoming unmanageable.

Thanks to reasonable and clear repayments, you'll know exactly how much you owe and when it needs to be repaid.

Not only do we help you manage your money in the present, we give you the tools you need to improve your finances for the future too. By making each monthly payment on time and in full, you can gradually improve your credit score.

This means that if you need a mortgage, car loan, or large personal loan in future, lenders will be more likely to give you the money you need.

Our products are designed to help you stay in control of your finances. We're here for you when you need funds and we'll offer you peace of mind when you don't.

In a nutshell, we offer you:

  • Two no-interest personal loans each year

  • Manageable and transparent payments

  • The ability to build your credit score over time

  • The opportunity to improve your chances of getting a mortgage, secured loan, or unsecured loan in future

Our members love Creditspring 💙

What is the easiest loan to get approved for?

If you want to borrow money, getting your loan application approved can be easy if you have good credit and a reliable income.

Getting a loan with a low credit rating or limited credit history can be more challenging, but it certainly doesn't mean it's impossible. 

It may be possible to get a loan agreement but you're unlikely to have access to the best interest rates. You may pay a higher annual percentage rate, making your loan less affordable. 

This is because when lenders approve loan applications for people with a bad credit score, they often charge higher interest rates to protect themselves financially in case the borrower fails to make their repayments.

We're passionate about making loans easier to access. Our application process is straightforward and our loans have no interest. It is clearly stated how much you need to pay and when, so you can manage your finances without any stress.

Simply check your eligibility and we will let you know which Creditspring membership suits you best. 

Can you get a personal loan without paying interest?

It's hard to find loans that don't charge you interest. After all, interest is how most lenders make money. The longer it takes for borrowers to repay their loans, the more the lender charges.

We're different. We provide people like you with personal loans without charging any interest. Instead, we charge a membership fee.

So if you're looking for a personal loan without paying interest, check your eligibility today.

Can I get a £300 personal loan?

Sometimes, a small amount can go a long way. If you only need to borrow £300, our Step membership may be for you.

For just £5 a month (REP APR 87.5%), you'll get one £100 loan and one £200 loan each year.

The best part is we charge no-interest and you'll pay off each loan in full over 6 months.

When paying off your first Step loan, you'll make a £16.70 repayment in the first month followed by 5 monthly repayments of just £16.66.

When paying off your second Step loan, you’ll make a £33.35 repayment followed by 5 monthly payments of £33.33, while continuing to pay the £5 a month membership fee.

How do I get a £500 personal loan?

Thanks to our Core membership, you can get two £250 loans each year without paying any interest.

Instead of paying interest, you'll pay a monthly membership fee of  £8 (REP APR 77.3%). 

This means you can sleep soundly at night knowing your debt won't become more expensive over time. 

Our repayment process is transparent and straightforward.

You'll pay back each £250 loan over 6 months in manageable installments.

The first payment for each loan will be just £41.70. The 5 payments after that will be t £41.66, followed by 12 monthly membership payments of £8 each.

Use our free eligibility checker to see if you’ll be accepted

What happens if I borrow £1,000?

Our Plus membership is the largest personal loan within Creditspring, without sacrificing transparency, affordability and ease.

With the help of a monthly membership fee of £10, you can count on two £500 loans each year. (REP APR 43.1%).

Each personal loan is payable in 6 months. You'll pay just £83.35 in the first month, followed by 5 monthly repayments of £83.33 and 12 monthly membership payments of £10.

If you've been looking for a no-interest personal loan with clear payment terms, with Creditspring membership you can access your first loan after 14 days.

What is the shortest term for a personal loan? 

A payday loan can offer you fast access to the money you need and they tend to offer the shortest terms. This means that rather than spreading your loan repayments over a number of months, you'll pay the money back - with interest - on payday.

However, this type of borrowing can be expensive because payday lenders usually charge a high interest rate. This type of debt can quickly become unmanageable and it can be hard to repay the amount you owe.

Can I get a personal loan with bad credit?

Getting a personal loan with bad credit can be a challenge. Most lenders want reassurance that the people they lend money to will be able to pay the money back. To reduce risk, lenders usually carry out a credit search to find out how well a potential borrower has handled debt in the past.

If you've struggled to handle monthly repayments on previous or current debts, this may make it harder for you to get a loan in future.

Check if you're eligible without affecting your credit score

This is where Creditspring may be able to help. 

We have a process in place that allows potential borrowers to check their eligibility without affecting their credit score.

What happens if my application is rejected?

If you apply for a Creditspring membership only to find you're not eligible, this won't affect your credit score. Instead, it will leave a “soft footprint” on your credit report that only you will be able to see. This means that when you apply for loans in future, our decision won't influence lenders' decision.

What happens if my application is approved?

However, if we approve your application and you decide to go ahead with Creditspring membership, we will carry out a more thorough credit search. 

This will leave what's known as a "hard footprint" and will be viewable on your credit report. Once you are a member, we will regularly update the credit reference agencies with details of your membership payments and loan repayments.

If you make each monthly repayment on time, this can have a positive impact on your credit rating. The credit reference agencies will record this on your credit report and future lenders will be able to see how well you managed your loan with us.

Apply for a personal loan in minutes

Apply for a no-interest loan with Creditspring in a matter of minutes.

To be eligible, you must:

  • - Be 18 or over 

  • - Be a resident of the UK

  • - Provide proof of address.

  • - Have a regular source of income

  • - Be able to repay your loan