3 Year Loans

At Simple Personal Loans, you can borrow 36 month loans or 3 year loans of £1000 and up. We also offer other repayment options ranging from 36 to 72 months, so you’ll be able to find a repayment plan that’s affordable for you.

3 year personal loans can be used for a variety of purposes, from covering important expenses such as car repairs to consolidating your current debt all into one place. We could provide you with such finance, as we offer 36 month loans for bad credit too.

3 Year Personal Loans

Managing finances can be tricky at times, especially when an unpleasant surprise such as your car failing its MOT, or emergency home repairs crop up and mean you go over budget and quickly need a loan. Or it could be that you may need to look for 3 year personal loans for bad credit if your financial history means you’ve struggled to secure finance elsewhere.

With 3 year loans, you could borrow any loan amount you desire. But as we abide by responsible lending, make sure it is an amount that you’d be able to repay within 36 months.

10,000 Loan Over 3 Years

This is just one of the amounts you can borrow when in need of a personal loan. We work with direct lenders to help you find loans from £1,000 up to £35,000. With a long term loan, you can get a lump sum to meet those expenses today and pay back the loan balance in a way that suits you. Here is a table of the typical costs for the most popular loan amounts borrowed over 36 months.

 Repay in 36 Monthly Instalments*
Amount Borrowed 36 PaymentsTotal Repayable


*Examples are for illustrative purposes only. Calculations are based on annual interest rates between 5.9%. If you apply with Simple Personal Loans and are accepted, the actual cost may vary depending on the lender you’re matched with and the rate you are offered.

3 Year Loans No Guarantor

Unlike many other loans, personal loans can be used for things you want. This could be things including a holiday, a car or even a debt consolidation. But, this doesn’t mean that you cannot use them for something essential. Along with this, the lenders which we work with offer no guarantor loans. This means even if you have bad credit, they may be able to offer you a loan without needing a guarantor to co-sign your repayments.

Benefits of Choosing A 36 Month Loan

A 3 year loan can make borrowing more affordable than short term loans, as the repayments will be spread out over a longer period. This usually means the repayments are offered with a lower APR. With a 3 year loan, you’ll have an end goal of when your loan will be paid off from the offset, allowing you to plan future finances and manage your money more effectively.

3 Year Loans For Bad Credit

Thankfully, we work alongside a large panel of direct lenders who can offer you a loan, even if your credit score is poor. Although, we cannot guarantee you will get your loan at your desired APR rate as each lender decides this. Here at Simple Personal Loans look past your credit score. Repaying loans on time is a great way to improve your credit score to make it easier to get a loan in the future.

3 Year Instalment Loans

One of the great things about using Simple Personal Loans to find a direct lender is that the lenders we work alongside, offer instalment loans. This means that when you take out a loan, you can repay it in small, monthly instalments instead of all at once. This way, you will grasp better control over your finances and your experience will be simple.

Applying For A Loan

If you’ve decided on a 3 year loan, you can start your application online. A 3 year loan can help kick-start your next project, reach a milestone or simply help you manage your finances. However, before you apply for a 3 year loan, assess your finances to ensure you can comfortably meet monthly repayments.

It can also be worthwhile tidying up your credit report by correcting any errors or misinformation, to improve your chances of being approved for the loan terms you want.