Short Term Loans

Short term loans from The One Stop Money Shop are available from £300 to £1,000 and repaid over 6,9 or 12 months depending on your requirements.

We were founded in 2002 and have become one of the most established short term lenders in the UK and have helped thousands of customers get the finance that they need.

Whether using your loan for home improvements, emergency purposes, debt consolidation or other reasons – we are here to help you. Our commitment to customer service and speed means that if successful, we are be able to process and transfer your funds within 1 hour of approval. To get started, simply click on ‘apply now’ below.


Apply for short term loans with The One Stop Money Shop

When applying with The One Stop Money Shop, you are in control of your finances. You can choose how much you wish to borrow, how long for and select the payment date when you would like your collections to be made each month.

Our application takes only a few minutes to complete and you will then receive an instant decision letting you know if you have been provisionally approved or not.

Subject to further checks, we will be able to fund your quick loan online in one lump sum directly to your bank account.




Can I get a short term loan with no credit checks?

Whilst many customers are looking for short term loans without credit checks, unfortunately this is not common in this day and age. As a short term lender which is fully authorised by the Financial Conduct Authority, we must carry out sufficient checks to ensure that our loans will not cause any financial difficulty or payment trouble to the customer.

We therefore carry out a credit check using information from a credit reference agency in the UK which provides us real-time information of any other outstanding loans or defaults.

In addition, we carry out affordability checks, comparing your monthly income to your expenses and this allows us to assess how much you can afford to borrow each month.

For any further questions about the checks we carry out, you can contact us here.

How long can I borrow for?

We offer short term loans for a maximum of 12 months, however you can choose to repay over 6 or 9 months and you always have the option to repay early. This will make it cheaper, since you will accrue less interest on your loan overall. For more information see 12 month loans.

Can I apply for a short term loan for bad credit?

We are able to facilitate short term loans for bad credit customers, taking into account other factors such as monthly income and employment status. We always try our best to help our customers and understand their circumstances.

If they can demonstrate their creditworthiness and commitment to repaying the loan on time, we will assist where we can and provide a loan sum and term to suit their requirements.

In the event that we cannot provide a short term loan for bad credit we may, with your consent,  recommend other similar partners who may be able to help.


What is the criteria for applying?

The criteria for applying for a loan is:

  • Must be over 25 years of age
  • Full-time UK resident
  • Employed and have a regular income
  • Bank account, mobile and email address
  • Able to afford repayments on time

What happens if you cannot repay your loan?

If you cannot repay your loan on time and you know that you are going to miss an upcoming repayment, we recommend getting in touch with our customer services team who will try to help you with some different options. This might include delaying your repayment to give you more time or taking a partial collection without damaging your credit score.

As an FCA authorised lender, we are passionate about offering forbearance and will always aim to assist customers facing difficulty.

Failing to repay your loan or contact our team may result in late fees or daily interest being added to your loan for the days that it is in arrears. The maximum default fee is £15 according to the FCA regulations and contacting us sooner rather than later can help avoid this being incurred.

Useful guides about short term loans

How do credit checks work?

How do repayments work?

How to get the best rate for short term loans

What to consider before your apply