Borrow £1,500 Loans For Important Purchases

The One Stop Money Shop offers £1,500 loans if you have an important purchase, emergency or pressing bill that you need to pay. We offer a fully online loan application process that can offer same day funding if your loan is approved by 3:30pm today.

 

Our loans are unsecured, so you can simply apply online and if you have a stable income and good or fair credit score, you can be approved and get the funds you need.

 

With no upfront fees, hidden costs and the option to repay over 18 or 24 months, we offer a flexible and affordable solution, with the option to repay early at any point.

 

To get started, simply click on the ‘apply now’ button and complete our form in less than 5 minutes.

 
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  • APR 295.60%
  • Total Borrowed: £500
  • Total Repay: £962.52
  • Total Interest: £462.52

Representative Example: £500 loan repayable over 12 months £81.25 per month total amount payable £975.00 Representative 295.60% APR fixed

 

Key Features

-Borrow Up To £1500

-Repay Over 18-24 Months

-Direct Lender

-Same Day Approval and Funding

-Repaid in Equal Monthly Instalments

-Must Be UK Residents and Employed

-Bad Credit Considered

-100% Online Application

£1500 Personal Loan Repayment Example

Based on a £1500 loan from The One Stop Money, repaid over 24 months at 93.29% APR:

 

Total borrowed: £1500.00*

Monthly interest: £115.63

Total interest: £1,275.12

Total repay: £2,775.12

 

 

 

*Loans are repaid in equal monthly instalments

How Does a £1,500 Loan Work?

Our entire application is online and takes less than 5 minutes to complete and get an indicative offer.

 

During the application phase, you will be sent an online loan agreement which outlines all the terms of your loan. Once this has been signed, we can carry out some final checks and get your application ready for funding.

 

Your loan can be successfully transferred to your debit account in one lump sum – helping you to pay off your emergency, bills or make that important purchase.

 

We are able to take a view on customers with adverse credit histories, provided that they have a regular and stable form of income and employment.

 

 

Reasons For Taking Out a £1500 Loan

Our loans are ideal for emergency expenses, helping you to receive money upfront and pay for your pressing bill and then repay over 18-24 months.

 

Typical reasons to borrow £1,500 include:

 

-Car repairs and fuel

-Household repairs

-Household bills

-Rent

-Medical bills

-Funeral expenses

Child expenses

 

Can I Borrow £1,500 With a Bad Credit Score?

Yes, whilst good credit scores are preferred, we will gladly consider applications for £1,500 loans with bad credit and CCJs.

Keeping and maintaining a perfect credit score is not always easy, especially when life throws you unexpected emergencies.

 

But at The One Stop Money Shop, we belive that your past should not determine your future – and if you are earning a regular income through work and are committed to repaying your loan on time, we will be delighted to consider your application and do everything possible to make it work for you.

 

See also poor credit loans.

 

Why Should I Use The One Stop Money Stop To Borrow £1,500?

Get funds from a direct lender – As a direct lender, you can have peace of mind that we are managing your entire application from start to finish and there are no other parties involved. It always helps when you can work with the same company throughout your loan journey and our customer service team is always on-hand by either phone or email if you need any assistance.

Quick approval and funding – We understand the importance of speed and convenience if you have that pressing bill or important purchase to make. If you need £1,500 fast, we are designed to process applications quickly online and provide fast decisions. In most cases, we can transfer funds on the same day of applying, provided that your loan has been approved by 3:30pm. 

Responsible and transparency – We are an FCA regulated firm and uphold the highest levels of responsible lending and treating customers fairly possible. With no upfront fees, no hidden fees and clear repayment examples, we want to maximise transparency for the customer and put you in control.

How Do The Repayments Work?

Your repayment plan will be clearly presented to you in a loan agreement which is signed before the loan is completed and the funds are transferred.

Your loan is repaid in equal monthly instalments, also known as instalment loans, so the repayment amount will be the exact same amount. You just have to make sure that you have money in your account on the scheduled repayment date each month, ready for collection.

Your collections will be made automatically using our service, so there is no need to call up, go to the bank or make a manual repayment, since this is all taken care of.

Your scheduled repayment date is a date that you select for payments to be collected, with most of our customers selecting the last Friday of the month, when they are most likely to have funds after being paid from work. However, you can select a specific day like the 15th, 20th or 25th of the month or on a four-weekly basis.

Customers are able to make early repayments on their loans and this may reduce the overall cost of your loan. You simply need to login, email or call us to arrange partial or full early repayment.

borrow 1500 pound loans

What is The Criteria To Apply For a £1,500 Personal Loan?

  • Age: You must be over 25 years old.

  • Residency: You should be a full-time resident of the UK

  • Employment: You need to be employed either full-time or part-time

  • Affordability: You must be able to afford the monthly repayments and make repayment on the scheduled date

  • Banking: You must have a valid UK debit account for funds disbursement and repayment collection

  • Contact Information: A working mobile phone number and email address are required for loan verification and communication purposes.

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Apply Online in less than 5 minutes

Complete a quick Online Application in just 5 minutes for instant provisional approval.

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  • fast-application.svg

    Quick and Easy Application

  • ccj

    Bad Credit & CCJ loans considered

  • reliable

    Direct, Reliable Lender for over 18 years

  • montly-payments

    Flexible repayment terms

Frequently asked questions

Are You a Direct Lender?

Yes, we have been a direct lender since 2004 and will handle your loan application from start to finish. We will be the only company that you work with throughout and you can contact us directly any time.

Do You Offer £1,500 Payday Loans?

No, we offer a cheaper alternative to payday loans and our loans are repaid in instalments over 6 to 24 months. We understand that payday loans put pressure on customers to pay the entire loan sum in full on their next pay date. Our business is designed to offer more breathing space and flexibility for customers.
 

How Soon Can I Receive My Funds?

We can facilitate same day funding for customers that are approved by 3:30pm that day – and once approved, the funding is instant.

We always endeavour to approve and fund loans as quickly as possible and encourage applicants to be on hand by email or phone if we require more information.

Do You Run Credit Checks?

Yes, we always run credit checks before approving and funding an individual. This allows us to better understand the background of a customer and avoid giving them extra finance in case they already have a lot of finance open. We use credit checks to make informed decisions and avoid customers falling into further financial difficulty.

Do You Offer Loans For People That Are Self Employed?

Unfortunately not, all customers must be employed, either part-time or full-time with an organisation and earning a regular income to be eligible.

Are There Default Fees For Missed Repayments?

Yes, your loan could be subject to late fees, penalties, added interest and cause a negative impact to your credit score.

If you are having financial difficulty, we encourage you to speak to our team as early as possible so that we can offer you some assistance.

 

Need Help?

We believe in providing transparent information so you can make informed decisions about your borrowing needs. If you have any questions or require further clarification regarding the cost of borrowing money online with us, our friendly team is always available to assist you.

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Ready to Apply?

It takes less than 5 minutes, and you’ll get a fast loan decision. If approved, we can usually pay the money into your account the same day*. We’re a direct lender not a broker, so our loans don’t require any security to approve.

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No Obligation. 100% Secure