London Loans Bank Logo
  • info@londonloansbank.comMail us

Hassle-Free Process
No Hidden Charges
Dedicated Lending
24/7 Available


A 12-month payday loan is a kind of personal loan where an aspirant borrows an amount that has to be paid back on each salary day for up to 12 months.

It is indeed a short-term loan and primarily suited for financial emergencies. However, one can also utilise the borrowed sum for planned expenses, such as home renovation. These loans are relatively from typical payday loans that will end quickly compared to the first one.

You can also say 12 month payday loans from direct lenders are like 1-year instalment loans. You can opt for the automatic payment deduction facility to avoid missing any repayment. If you pay all monthly instalments on time until one year, your credit score will definitely have the booster.

The interest rates will be affordable, and no guarantor, as well as no collateral, are needed while placing the online application.

Guaranteed 12 Month Loans In The UK, No Guarantor Required!

In search of a personal loan in the UK in the absence of a guarantor to compensate for the bad credit?

Do you need an instant loan with a repayment period of a year to manage a financial emergency?

Easy Loan Process: At LondonLoansBank, we have invested our time and energy to simplify the lending process to the maximum. No one wants to go through the lengthy process to get approval from a bank. If a borrower applies for 12 month loans for bad credit with no guarantor, as direct lender, our online lending process ensures it takes less than 15 minutes to complete the entire process. There is no paperwork involved to waste unnecessary time in the process.

We offer guaranteed loans to our customers with easy repayment, no hidden charges, and a simple process. You don’t have to visit the lender’s office to stand in a long queue to get instalment loans.

The online process ensures the borrowers can get a loan from the comfort of their home with services like 12 months payday loan with no guarantor. Our financial services are ideal for people with an imperfect credit history to recover the damage. Apart from financial support, there are numerous other benefits for the borrowers. You don’t have to ask your family and friends to co-sign the loan and risk the valuable relationships.

Our organisation works with certain features to customers in need of 12-months loans from direct lenders. They ensure a safe, reliable, and comfortable borrowing experience for the customers.

Guaranteed 12 Month Loans
  • Attractive Offers for New Borrowers: We serve to build long-term relationships with our customers. Thus, you will find attractive offers when you apply for the first loan at LondonLoansBank. The 12-month loans come with reasonable interest rates and no credit check for previous defaults. We take your current financial condition as the measure for affordability. This eliminates the role of a hard credit check to get a loan. You get the opportunity to rebuild the credit profile.
  • Responsible Lending: We serve within the guidelines of affordable lending to ensure a safe lending experience for the borrowers. You will get financial assistance with instant fund disbursement. Our representative ensures the customers get the required amount after the profile assessment. Therefore, you will get the solution for the financial troubles with a safe, transparent, and reliable lending process.
  • Easy Loan Process: At LondonLoansBank, we have invested our time and energy to simplify the lending process to the maximum. No one wants to go through the lengthy process to get approval from a bank. If a borrower applies for 12 month loans for bad credit with no guarantor, as direct lender, our online lending process ensures it takes less than 15 minutes to complete the entire process. There is no paperwork involved to waste unnecessary time in the process.
  • Competitive Interest Rates: Our company was established to provide relief to the customers in distress from the exorbitant interest rates. You can apply for the guaranteed loans even with a bad credit profile to get affordable interest rates. As part of our modern lending approach, you have the opportunity to get affordable interest rates regardless of the credit profile.
  • Equal Lending Prospects for Tenants: Financial troubles can hit anyone from the tenants to homeowners. Therefore, it is important to provide financial support to the tenants as well. They can sleep without the financial woos to cause stress on their budget.
  • Loans for Unemployed: For any loan, the approval is directly proportional to your repayment capacity irrespective of your job status. However, if you are comfortable in repaying our loans, we are happy to help you. If you are in receipt of benefits or have any savings to repay, you can take the benefit of 12 month loans for unemployed from direct lenders.

No Credit Check is Required and Repayment is So Easy

Everyone in their lifetime has faced financial troubles in the most unexpected of times. We don’t want our customers to leave stranded without the fund to manage their expenses because of a credit check. Thus, we offer 12 Month Loans with no credit check at competitive APR to our borrowers.

The approval process is fast enough that the funds will take less than 24 hours to get credited to your account. Moreover, you can repay the loan in 12 months with easy monthly instalments. You are trying to make your financial life hassle-free with quick approval and easy repayment. With these quick benefits, we make the process of small loans convenient with no credit check.

We Happily Serve Bad Credit Customers

Is your bad credit score the reason for the loan rejection at banks? In a financial emergency, bad credit can leave you high and dry with no lenders willing to take the risk for your profile.

However, we offer 12 monthly instalments loans to diverse credit profiles to ensure the credit history doesn’t haunt your application approval. There are no changes in our plan and approach towards people based on their credit profiles. You will get 12 months payday loans for bad credit real quick, affordable, and hassle-free.

You can get a 1000-pound loan or more for a year after the online application. Our team of experts will take care of the application process with the review, verification, and fund disbursement in the fastest time possible.

Can I Extend My Loan Amount for Two Years?

There is no end to the financial troubles and the possible use of funds to manage the situation. The chances of approval in the case of banks are very slim if you want a long-term loan to reduce the stress of repayment.

With us, it is easier than the banks and other financial institutions to get 24-month loans for bad credit people. Like short-term small loans, you don’t have to provide collateral or a guarantor to get the approval.

Our representative will make sure the loan is affordable for the borrowers if the loan amount is large. After assessing the affordability, we will share the interest rates and keep the offer available for five days. You can use the time to shop around and make sure the interest rates and terms are affordable for your finances.

The 24-month loans are completely amortised, which means your instalments will simultaneously repay the principal amount and the interest.

Therefore, if you want to make the instalments more affordable with a smaller repayment plan, the amount will repay the principal amount after the interest deduction.

Top Reasons To Choose Our 12 Month Payday Loans

  • Top lenders of the UK

  • Excellent business track record

  • Loans are hassle-free and reliable

  • Competitive APR

  • Bad credit is happily accepted

  • Guaranteed Loans

  • No Guarantor required

  • Repayment in easy installment

  • Can avail from small to big loans

  • Strive for 100 % customer satisfaction


Can I get a 12 months loan with a credit score of 200?

Well, it would be very tough to get 12 months loans with such a low credit score. Mainstream lenders, in particular, are too much strict on their rules and regulations. However, but at the same time, loan options don't need to be closed for these people. There are some direct lenders in the UK, which are offering these loans with a credit score of 200, but with certain obligations. First, you either have to provide collateral or must have a guarantor while applying Second; your income status should be sufficient to maintain the repayments If you can fulfil these conditions, then lenders like London Loans Bank can quickly approve your loan application.

How do I apply for a 12-month loan?

If you are applying at London Loans Bank, then you need to

  • Fill the online application form
  • Provide your basic details
  • If approved, the disbursal of the amount within the same day or even a few hours.

Can you get 12-month loans with no credit check from direct lenders?

Yes, there is a possibility that you can 12-month loans even without a credit check. But, the direct lender whom you will be approaching might check other things like:

  • Your income status
  • Past employment history
  • Credit utilisation ratio
  • Based on these factors, your payment capability will be evaluated.

How can I get a 12 months loan without guarantor?

A bad credit score and no guarantor are the two possible reasons why the loan applications get rejection. As far as the second one is concerned, it has been a vital obligation and a reliable one for the lender in getting the repayments. By looking at the difficulties of finding out the guarantor, especially for those with poor credit scores, a few direct lenders like London Loans Bank have taken the initiative to approve the applications on 12 months loan without guarantor’s signature. Instead of this obligation, the lender accepts the loan request based on borrower’s income capacity. As long as you are employed, no one can deny your loan application, and with proper repayment, credit scores can also improve.

Can you get a loan with a credit score of 500?

Yes, you can get a loan with a credit score of 500, but you will end up paying very high-interest rates as it is a very poor credit rating. Not all lenders provide loans to people with a very bad credit score. Therefore, you should do enough research. Note that you will be able to borrow money only when you have settled county court judgment (CCJ). If it is active on your report, no lender will approve your loan application. If you take out a loan with very poor credit score, make sure that you analyse your repayment capacity.

Can I get an unsecured loan with bad credit?

Yes, you can get an unsecured loan with bad credit. There are many direct lenders in the UK like London Loans Bank who provides unsecured loans to borrowers with bad credit record. For unsecured loans, you don’t have to keep any collateral. Since lenders are taking a high risk here by providing the loan without any security, they tend to charge a high rate of interest. But that also should not be a concern for you because you are getting a loan when no one is willing to give you so a high-interest rate should not be a significant concern.

Can I get a loan for 12-month with a bad credit score?

Yes, indeed. We have a specialised deal on such loans. In fact, it is quite helpful for those with poor credit. They not only get a chance for loan approval but also improve their credit scores as well. However, the approval primarily depends upon aspirants’ income capacity and loan affordability.

Can I pay back the 12-month loan early?

With LondonLoansBank, you will have a chance to pay early your 12-month loan. The best part is that we do not charge any fees for it because we aim to ensure financial satisfaction for you. However, this will be applicable after successful loan payment for up to 3 months. After that, you can repay early.

Can I use 12-month loans to pay off other debts?

Of course, each loan is a multi-purpose loan. Once you borrow the desired amount from us, you can use it to consolidate all your debts. By doing this, you will have the opportunity to pay only one loan repayment and interest rate. It means a better financial balance to live with.

Are there any fees with LondonLoansBank?

We charge only the interest rates with no upfront fee or surprising cost. The interest rates, too, are competitive and affordable to everyone. However, you may need to pay late repayment charges, but these are not too hefty.