We use cookies to help us improve and protect our services. By continuing to use the site, you agree to our Privacy and Cookies Policy
Close cookies banner
Creditspring logo

WIN OUR TOP PRIZE!

Join Creditspring and win up to £400 in our monthly prize draws! T&Cs apply

You are invited to join Creditspring

When you sign up for a Creditspring loan membership, we'll enter you into our monthly prize draws for a chance to win up to £400 in cash rewards. T&C's apply.

Check eligibility

Representative example: Total amount of credit £600 repayable. 12 monthly membership fees of £10. Rate of interest 0% p.a. (fixed). Total cost of credit: £120. Total amount payable: £720. Monthly loan payment: £50. Representative 83.1% APR

FEATURES

More than just loans

Here’s why 300k+ members have joined Creditspring

Flexible access

Access your two, no-interest loans whenever you need them.

Costs are fixed

Instead of interest, we only charge a low, fixed monthly membership fee making it easier for you to budget.

Building credit is simple

Making your repayments on time can positively impact your credit score and help you create better financial habits.*

*Credit score improvement dependent on no missed or late payments and other external factors.

OUR LOANS

Flexible on-demand loans for when life happens

When you sign up for a Creditspring loan membership, we'll enter you into our monthly prize draws for a chance to win up to £400 in cash rewards. T&C's apply.

  • Checking your eligibility won't affect your credit score

  • 14-day cooling off period

  • Response in less than 60 seconds

EXPLORE OUR LOANS

FAQs

All the answers you want

We know financial products can be difficult to get to grips with, so we've included some of the key questions you may have. However, if the question you need an answer to isn't here, head over to our Help Centre for more.

We offer various memberships that will assist you in planning for your future, building your financial stability and boost your finances for unexpected expenses. There is a limit of one membership per person, and there are 12 monthly instalments.

We do things a bit differently. Instead of adding interest, we'd rather give you a no-interest loan and charge a membership fee that is spread over the course of your agreement. We believe this is a simpler and honest way of doing business. It also means that as a member, you know you'll never pay more than your monthly membership fee and what you borrowed. Read on here

There are many factors involved in determining if you are eligible for a Creditspring membership. The following are some of the requirements to apply for a Creditspring membership:


  • You must be over the age of 18
  • Have a UK bank account older than 3 months
  • Earn a minimum of £14,000 per year
  • Have no recent CCJ, IVAs or bankruptcies


Creditspring membership is subject to status. Terms and conditions apply.

There's a £24 fixed monthly membership fee. With this membership, you will have access to two no-interest, pre-approved £1,200 advances per year. The first advance must be paid in 6 monthly instalments before the remaining is accessible.

Representative example: Total amount of credit £2,400 repayable over 13 months. 12 monthly membership payments of £24. Rate of interest 0% p.a. (fixed). Representative 43.7% APR. The first repayment for each advance is £200.00, due 45 days after drawing, followed by 5 monthly repayments of £200.00. Total amount payable £2,688.

If you apply for a Creditspring membership and are not eligible, it will not affect your credit score. It will leave a “soft footprint” on your credit report that only you will be able to see.


If you are eligible for a Creditspring membership and you accept a membership, our credit check will then be posted as a “hard footprint” on your credit report, accessible by other lenders. Once you are a member, we will continue to report your monthly membership payments and any repayments of your advances to the credit agencies.

People often come to us when they’re looking for bad credit loans, but our loans are for everyone, and we don't just look at the usual range of eligibility factors and your credit score. If you have bad credit, we’ll consider your overall financial situation and your ability to repay what you borrow.

The monthly lucky draws will randomly select one winner to receive a cash prize of up to £400. To qualify for entry, you must meet the following criteria:

  1. The referrer who recommended Creditspring to you must be selected as the initial winner.
  2. You must apply for a Creditspring loan product, have your application approved, sign the loan agreement, and maintain an active membership without cancellation within the initial 14 days. If all criteria are met, you will automatically be entered into the prize draws for the month in which you sign your loan agreement.

The prize amount awarded to you will be the same as that of the referrer, and can be £50 or £100, £250 or, if the referrer qualifies for each draw, you both could potentially win an impressive £400.

If the winning referrer has multiple successful referrals, all referees (the individuals referred by the referrer) will be included in the lucky draw pool, but only one winner will be chosen. If you are randomly chosen as the winner, we will notify you via email by the 15th of the following month at the latest.