12 Month Loans

At Simple Personal Loans, you can borrow 12-month loans for £1000 and up. We also offer other repayment options ranging from 12 to 72 months, so you’ll be able to find a repayment plan that’s affordable for you.

Poor credit ratings and bad credit histories are often seen as barriers to securing finance. However, there may still be a way that you can access the money you need, at Simple Personal Loans, all credit histories are welcomed. After all, we understand that life sometimes gets in the way, and you may need access to additional funds from time to time.

12 Month Loans Direct Lenders

Small loans over 12 months can be useful in helping to pay off any unexpected bills, or for helping to complete any essential home improvements.  This is why we offer 12-month loans with no guarantor. Our service helps you to find the perfect direct lender for you to get your desired 12-month loan.

When taking out a 12-month loan, you’re able to take out a suitable amount that you’re able to repay within 12 months. Whether that is £1000 or £3,000, make sure that you’re in a good financial situation in order to repay your loan.

 12 Month Loans Bad Credit

Having a bad credit score is likely to set you back a few steps, but it does not mean that you are unable to get any loan. Here at Simple Personal Loans, we can help you get a loan, even if you have bad credit.  Our direct lenders are likely to be able to provide you with what you need.

Does a twelve-month loan fit within your budget? Check out typical costs for the most popular loan amounts borrowed over 12 months.

 Repay in 12 Monthly Instalments*
Amount Borrowed 12 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.

12 Month Unsecured Loans Bad Credit

As read above, we do help those with bad credit who are wanting unsecured loans. But we cannot guarantee that your loan will be accepted if you apply. An unsecured loan is a loan which isn’t set on any assets. Although, sometimes those with bad credit might find it easier to get a secured loan as the interest rates may be lower.

12 Month Same Day Loans

As a broker, we take away the stress and the hassle of finding a loan. In other words, all you need to do is complete one application and we will find you a lender to suit you. Due to only having to submit one application, you are saving yourself a lot of time, especially if you need a same day loan. Commonly, you will receive your loan on the same day that you apply. But, it also depends on the lender you are suited too and the time of your application.

If you think a 12-month loan from Simple Personal Loans is the right choice for you, just choose how much you’d like to borrow, select the 12-month term and start your application. If you’re still exploring, why not use the slider to explore our full range of loans?

Our service is completely FREE to use and is available to UK residents age 18 and over. To apply for a 12-month loan with us, you must have a stable source of income, whether that be a job or benefits. You’ll also need a bank account with a debit card, a mobile phone and an active email address so that we can process your application.

12 Month Loan Bad Credit No Guarantor Direct Lender

We understand that it can be more difficult to get a loan from a direct lender when you have bad credit, but that doesn’t mean it is impossible. One of the ways to get around this situation is to apply with a guarantor. But, not everyone has somebody to act as their guarantor, so we work with lenders who can offer you no guarantor loans, even if you have bad credit.

Repaying Loans

Most 12-month instalment loans are repaid in 12 equal monthly instalments. The lender will make arrangements to take repayments directly from your bank account on agreed dates. Your repayment plan, which forms part of the loan agreement, will set out the twelve instalment amounts and dates so that you can plan.

Other Repayment Alternatives

Twelve-month loans, not quite the right fit? Why not check out these popular alternatives:

  • 18-month loans
  • 24-month loans
  • 36-month loans
  • 48-month loans

Apply Now!