Direct Lenders For Bad Credit

The One Stop Money Shop is an FCA authorised direct lender for bad credit – so we are able to take a view on less than perfect credit scores and help you borrow between £300 to £1,000. As a direct lender, we will be the company who you work with from start to finish.

To start your application, simply click on the apply button and it will take around 5 minutes to complete our online application. You will receive an instant decision letting you know if you have been successful or not and, further to some additional checks, funds can successfully be transferred to your bank account within 1 hour. We are a direct lender with no fees for applying.


What is a direct lender?

The One Stop Money Shop is a direct lender that offers an alternative to payday loans. We process your application and, once approved, transfer the funds to your bank account. You have peace of mind knowing that you are working with one established company and your details are held safely and securely.

Founded in 2002, we have become one of the most established money lenders in the UK and are fully authorised by the Financial Conduct Authority with a strong commitment to responsible lending and treating customers fairly.

Our entire application is online from start to finish and you can apply using a desktop, laptop, mobile or tablet and all you need is access to the Internet. Our loan application is available to complete 24 hours a day, 7 days a week including weekends and we will always aim to process and fund your application as soon as possible.

  • No guarantor required
  • Bad credit considered
  • Same day funding
  • Instant decision
  • No upfront fees

Why apply with a direct lender?

Safe and secure: As a direct lender for bad credit, our site is hosted on an SSL meaning that there is an extra layer of encryption to make your data and information more secure. In addition, as part of having a consumer credit license and being FCA authorised, we take special precautions with keeping your information and data safe – so it will not be passed onto other companies without your consent.

No upfront fees: There are no upfront fees for applying with The One Stop Money Shop and we only charge interest on the successful completion of your loan.



Can I get approved with bad credit?

Yes, as a direct lender for bad credit we are willing to take a view on customers with poor credit. See CCJ loans for more information.

The One Stop Money Shop is instead interested in your current financial situation and your ability to repay your loan on time through your employment and income, and not your past history.

With this in mind, we are willing to consider bad credit loans and anything you can do to improve your credit rating such as paying off any debts or closing any unused cards or accounts you do not use will always maximise your chances of approval.


What is the criteria for applying?

To be eligible to apply with The One Stop Money Shop, you must be over 25 years of age and a full-time resident in the UK. Other basic criteria includes:

  • Employed and able to make monthly payments
  • Valid UK bank account
  • Valid mobile phone and email address

Once your loan application has been completed, we will typically carry out a series of credit and affordability checks to ensure that you can afford to make monthly repayments. This may involve adjusting the amount that you wish to borrow to find the best amount for you. In some cases, we may request a proof of employment such as a payslip or recent statement.

Why apply with The One Stop Money Shop?

The One Stop Money Shop is your place to borrow from £300 to £1,000 repaid over 6,9 or 12 months. We provide a first class customer service from start to finish and you are able to obtain the funds directly into your bank account in one lump sum.

We are a UK direct lender and our application is 100% online and with no fees for applying, we are the perfect loans partner to help you get the finance you need.


Useful guides

How do credit checks work?

How do repayments work?

How to improve your credit score

What to consider before your apply