118 118 Money Personal Loan
OUR RATING
Loan Amount
Total Payable
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Representative APR
Representative example will update based on your input.
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Use our calculator to see illustrative rates. After that, check your eligibility to get a customised rate from this provider and a panel of others without any impact on your credit score. Representative 18.6% APR.
Mintify Limited, trading as Mintify, is an Appointed Representative of Creditec Limited who is acting as a credit broker, not a lender.
Our Verdict
118 118 Money offers unsecured personal loans of up to a maximum of £5,000, A key feature is their promise of same day funding, which makes it a suitable option for individuals who require quick access to unsecured funds, especially for smaller loan amounts and urgent needs. However, it's important to note that their Annual Percentage Rates (APRs) are generally higher compared to other lenders. Consumers with a good credit score or those requiring larger loan amounts might want to explore alternatives with more competitive rates.
Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.
| Issuer | 118 118 Money |
|---|---|
| Loan Type | Unsecured Personal Loan |
| Rate Type | Fixed |
| Interest Calculation Method | Monthly |
| Minimum Loan Amount | £1,000.00 |
| Maximum Loan Amount | £5,000.00 |
| Minimum Loan Term (months) | 12 |
| Maximum Loan Term (months) | 36 |
| Customer Type | New or Existing Customers |
| Relationship | New or Existing Customers |
| Acceptance Criteria | Minimum applicant net income £700 per month. UK Resident, hold a current UK bank account and debit card. |
| Minimum Age | 18 |
| Maximum Age | 70 |
| Debt Consolidation Limit | £5,000.00 |
Important: When consolidating your existing borrowing, you may extend the term of your debt and increase the total amount you repay.
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Representative 18.6% APR
No impact to your credit score
Mintify Limited, trading as Mintify, is an Introducer Appointed Representative of Creditec Limited who acts as a credit broker, not a lender.
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