What to Consider Before You Apply

At The One Stop Money Shop, we encourage applicants to take their time when applying and make sure that they understand everything key about the loans we offer. For any further questions, you can contact us directly or visit our FAQs page. Here are some of the key things to consider before you apply: How […]

How Do Credit Checks Work?

The approval of our loans will typically be subject to a credit check and this will help determine your eligibility. Every individual in the UK receives a credit score and will have a credit file when they turn 18. When carrying out a credit check, the lender is able to review your file and get […]

How Do Repayments Work?

The One Stop Money Shop offers instalment loans, repaid over 6,9 or 12 months. Our repayment schedule is designed to be flexible, allowing customers to choose how long they want to borrow for and giving them the option to repay early at any point. Our guide below explains how our repayments work and for any […]

What is APR and How Does It Work?

APR stands for the ‘Annual Percentage Rate’ and is the simplest way to measure the cost of financial products and compare them effectively. With all types of loans, credit cards and mortgages across the UK and the world using APR as their yardstick, one can determine the cost of the product and make informed decisions […]

How to Improve Your Credit Score

Your credit score is a numerical value (usually from 0 to 999) and is used by loan providers and credit companies to determine whether you will be eligible for credit. Your credit score is something that you get automatically in the UK when you turn 18 and is supposed to evaluate your ‘creditworthiness’ and likelihood […]