The One Stop Money Shop offers 18 months loans for £400 to £2,500 for an important purchase or emergency expense.
18 month loans give you the opportunity to spread repayment over a longer period and our repayments are in equal monthly instalments so that you can plan accordingly.
Click on our ‘apply now’ button and complete your details in less than 5 minutes to get a decision. All loans are subject to checks, but we can fund your loan on the same day if approved by 3:30pm.
Representative Example: £1,500 loan repayable over 18 months £152.09 per month total amount payable £2,737.62. Representative 132.26% APR fixed
We are an FCA authorised direct lender that has been trading since 2002. We offer a fast and effective way to receive affordable loans, with flexible repayment schedules.
We practice transparency, making it clear to see how much you can borrow and how much you will be repaying. Our regular emails and text messages will keep you informed so that you have all the information you need.
When applying, we take important measures to keep your data safe and secure and your information will not be shared with third parties without your consent and you will not receive unwanted calls or text messages.
Flexible Repayments – With equal monthly payments spread over 18 months, you can receive the money upfront to make your purchase or pay off your bill and have a long time to pay it off. This can give important breathing space if you are under financial pressure.
Used For Important Purchases – 18 month loans can allow you to borrow larger amounts because you have longer to pay them off. Whether it is buying a car to take your kids to work, making important home improvements or paying off vital bills, this long term loan can help you out.
Paid Upfront – We pay all loans upfront, to help you pay your bill or your emergency right away. We do not have any upfront fees or require you to make a deposit to be granted a loan.
Options To Repay Early – You always have the option to repay your loan early if you would prefer to repay over 6 or 12 months. You will save on the overall interest charged and we will not charge any penalties or early exit fees.
Available For Bad Credit – If you have a bad credit score or poor credit history, we will consider your application. You will need to pass some important checks such as having a regular income, stable employment and the ability to make your repayments on time.
Car repairs
Home improvements
Household repairs
Pay household bills
Pay for groceries
Pay for funerals
Medical, dental and pet bills
Our 18 month loans are repaid in equal monthly instalments, so you will be paying the same amount each month, once you know the fixed amount.
All collections are made automatically using a system called continuous payment authority, which is similar to a direct debit. We tokenise your debit card during the application process and will simply take payment from this account each month automatically on the date agreed i.e your pay date or the last Friday of the month.
To apply for a CCJ loan, you need to meet the following criteria:
Complete a quick Online Application in just 5 minutes for instant provisional approval.
Apply Now
Yes, we are proud to offer flexible loans over 18 months, so you have the option to repay early (minimum of 6 months) or extend for a little longer if you need to (maximum 24 months).
Your loan is charged on a daily interest rate, so the shorter your loan duration, the cheaper it will be.
If you decide to extend your loan to 24 months, this will incur more daily interest and be more expensive to borrow.
Do You Offer Payday Loans Or Personal Loans?
We are a payday loan alternative and our loans are more similar to personal loans or instalments, spread over 6 to 24 months. Our interest rates are more competitive than payday loans and our repayment terms are more flexible.
Are Long Term Loans Cheaper Or More Expensive?
Long term loans will generate more interest because they are open for longer. Therefore, it is important to calculate exactly how long you need a long for, because if it is open longer than necessary, you will simply accrue more interest.
Are You A Direct Lender?
Yes, we are a direct lender and have been since 2005. We are not a broker or introducer – all applications, underwriting and funding will be processed by our in-house team based in the UK.
Are You Regulated?
Yes, we are regulated and authorised by the FCA under number. We follow strict rules and processes to ensure the safety of our loan products and that we follow responsible lending practices for our borrowers.
Will I Receive The Funds Upfront?
Yes, we pay the full amount into your bank account upon approval (usually within 24 hours).
How Much Can I Borrow?
We offer loans ranging from £400 to £2500, with the higher loan amounts such as £1500, £2000 and £2500 available for those borrowing over 18 to 24 months. The amount you can borrow is based on various factors including your income, credit status, affordability and recent track record.
What Are The Implications If I Cannot Repay?
Failing to pay will incur late fees and daily interest will continue to accrue. Missing payments will negatively impact your credit score.
You will receive reminders from our team to follow up on repayment and we are here to help if you need assistance with repayment.
