⚠️ Late repayment can cause serious money problems. For free help, visit moneyhelper.org.uk | We're an authorised credit broker, not a lender | We may receive a commission from the lender
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Frequently Asked Questions

Everything you need to know about borrowing through Loans 365.

How does Loans 365 work?
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Loans 365 is a credit broker. You tell us how much you'd like to borrow, we search our panel of regulated lenders, and if there's a match we show you the option so you can decide whether to proceed, with no obligation.
How much can I apply to borrow?
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You can request between £100 and £5,000. The amount you're ultimately offered depends on the lender's own affordability and credit assessment.
What types of loans could I be matched with?
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Depending on your circumstances, you may be matched with short-term loans, instalment loans, or guarantor loans from our panel of lenders. Terms and rates vary by lender.
How long does the application take?
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Our initial form takes around two minutes. If we find a match, the lender may ask for further details to complete their own assessment.
How would I receive the money if approved?
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Lenders typically pay approved funds directly into your UK bank account by bank transfer.
How quickly could funds be paid out?
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Some lenders can pay out within minutes of approval during banking hours; others may take up to one working day. This varies by lender.
What are the basic eligibility requirements?
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You'll generally need to be a UK resident, aged 18 or over, with a regular income and a UK bank account. Individual lenders may have additional requirements.
Does Loans 365 run a credit check?
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Getting a quote from us doesn't affect your credit score. However, individual lenders may carry out their own credit checks as part of their application process.
What is the representative APR?
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Representative APR 79.5% (variable). Example: £1,000 borrowed for 18 months, repayment of £89.22 per month, total amount repayable £1,605.96. Interest amounts to £605.96, an annual interest rate of 59.97% (fixed). Rates depend on individual circumstances and the lender selected.
What should I do if I struggle to repay?
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Contact your lender as early as possible. Most have hardship options. Free, independent debt advice is also available from MoneyHelper at moneyhelper.org.uk.
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