Our chance of approval rating is intended to help point your search in the right direction.
A positive rating does not guarantee that your application will be accepted. Approval of any application is solely at the discretion of the provider.
The maximum APR from the loans above is Representative 1575% APR. Maximum term available is 12 months and minimum term available is 3 months.
Default fees of up to £15 may apply to certain loans.
Representative 1575% APR. Representative Example: If you borrow £400 over 26 weeks at a Representative rate of 1,575% APR and an annual interest rate of 183.00% (fixed), you would pay 26 weekly payments of £29.46. The total charge for credit will be £365.96 and the total amount payable will be £765.96.
Good credit loans, as obvious as it may sound, are loans for those with a good credit profile (learn more about credit profiles). If you’ve never ever missed a repayment and are on track with your finances, then you’ll more than likely have a good credit profile and this is the comparison table for you. If you’ve missed no more than one or two payments in the past six months then it’s likely that you have what’s known as a fair credit profile. If you have missed any more than just a couple of payments or have never had any credit accounts, then you will most likely have a bad credit profile and should instead visit our bad credit loans page .
Bank loans range from £500 and £25,000 with rates as low as 3.2% and repayment periods stretching from one to seven years. Every bank loan featured here is a straight instalment loan with no security required, however, some lenders in this bracket may ask for you to be a homeowner to get access to their lower rates of interest. We’ve included bank loans in the comparison table below but also have a page dedicated to bank loans here.
Over the past five years, the majority of supermarkets have been granted banking licenses and are offering unsecured instalment loans to customers with good credit profiles. Loan amounts range from £1000 to £25,000, rates range from single figures (in some cases as low as 3.3%) up into the mid teens and repayment periods range from one to five years. We’ve also included supermarket loans in the comparison table below and have a dedicated comparison page for supermarket loans here.
Peer to peer
Peer to peer lenders connect savers with potential borrowers, offering competitive rates of interest to both. Loan amounts, repayment periods and interest rates are all pitched at similar levels to banks loans and supermarket loans. Peer to peer lenders have been included in the comparison table below.
What not to do
Good credit loans are exactly what they say on the tin, loans for those with a good credit history. If you know you have bad or even fair credit you’re in the wrong place. If you apply with the lenders in this comparison table it is highly likely you will be declined, further harming your credit file. This will make it increasingly difficult to get accepted for the best rates in the future. If you don’t know your credit score you can easily find it out for free by visiting credit scoring sites such as ClearScore or Noddle. If you do have a poor credit history you will better off checking our bad credit comparison table.
It's also worth noting that depending on how much you borrow, the advertised rate may differ. This is especially the case with bank and supermarket loans which offer an extensive range of amounts over varying periods.
When applying for a good credit loan you will have to have a spotless credit file. You must be over 18 years old, have a UK bank account, a valid debit card and be able to convince the lender you’ll be able to afford the repayments.
Good credit loans are in the upper tier of the personal loans market and with stringent acceptance criteria are strictly reserved for those with good credit. If you have anything but a perfect credit file you’re in the wrong place and should pop over to our bad credit comparison tables.
You can personalise these results with our loan search.