Short Term Loans

Short term loans from The One Stop Money Shop are available from £200 to £1,000 and repaid over 6,9 and 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 and other reasons – we are here to help you. Our commitment to customer service and speed means that if successful, we will 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.

To apply for short term loans online, 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 try to make sure that you are able to afford your loan without falling into financial difficulty. If approved, we will be able to fund your quick loan online in one lump sum directly to your bank account today.


The One Stop Money Shop is a short term loans direct lender

As a direct lender, we will be the only company that processes your loan application from start to finish – and there are no other middlemen or brokers involved. From the start of the loan application, to funding your loan and make collections, we are a direct lender and the only company that you will be working with throughout.

For many customers, this provides greater transparency and peace of mind knowing exactly who they are dealing with and what to expect – especially in an industry where transparency is not easy to come by.

The One Stop Money Shop does not charge any fees for applying, unlike some other brokers that offer payday loans in the UK. We make the loan terms and repayments as clear as possible in the loan agreement that we send to you prior to funding.


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

Whilst many customers 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 the credit reference agency in the UK, Equifax, 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.

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 other factors such as monthly income and employment status. We always try our best to help our customers and understand that they may have the occasional default or missed repayment.

However, 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 recommend other similar partners who can. This may involve adding a guarantor to your loan application to provide extra security or using a specialist bad credit lender.


What is the criteria for applying?

The criteria for applying for a loan is:

  • Must be over 18 years of age
  • Full-time UK resident
  • Employed and have a regular income
  • Working 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 friendly 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 facility 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 and contacting us sooner rather than later can help avoid this being incurred.