Loans For Couples
If you or your partner have been refused credit in the past, we may be able to help. Apply for a joint loan with us today.
Representative Example: Borrowing £3,000 over 24 months at an interest rate of 71.3% p.a. (fixed), you will repay 24 monthly payments of £237.75 per month. Interest Payable £2,706. Total Repayable £5,706. Representative 99.9% APR.
Loans are subject to status and affordability. Terms and conditions apply.
Don’t just take our word for it!
Everyday Loans for everyday people
If you are looking for a loan with your partner, Everyday Loans may be able to help. Our loans allow you to apply together so we can consider the credit of both applicants rather than just one. This means you may be able to borrow more money or borrow at a better rate depending on your credit situation.
Our loans for couples range from £1,000 to £15,000, with terms from 18 to 60 months. Our tailored lending process can help people who may have been refused a loan before, as we specialise in working with people with bad credit. Our online application process also uses soft search technology, so applying for a loan will not leave a negative mark on your credit history and will only be visible to you.
Our loans can also be used for a variety of things. This includes buying a car, making home repairs or covering other expenses. To find out if you are eligible, simply apply today to get an initial decision.
How it all works
With Everyday Loans, you're more than just your credit score. When you apply as a couple, we look at your credit future as well as your current financial situation. We also consider both applicants, which can improve your chances of receiving a loan. As such, even if you have bad credit now or you've had a poor credit score in the past, we may be able to help.
Complete our online application form
Get an initial decision in minutes
Pop into your local branch to complete your loan
All of our loans are subject to status and affordability.
Why choose Everyday Loans?
- Applying with us won't affect your credit score because we use Soft Search Technology. Your initial application will not be visible to any lenders on your credit score. We only conduct a hard search during a full application for credit.
- Bad credit does not mean you are ineligible for a loan. We may still be able to get you the money you need. You must be over 18, a UK resident and be able to afford repayments.
- We're a direct lender, not a broker, and we will never charge you for an application.
- We'll give you a conditional decision in just minutes.
- Borrow from £1,000 up to £15,000 over a minimum term of 18 months up to 60 months. Loans not for business, gambling or illegal purposes. Maximum APR 299.8%.
When couples apply for a loan together, we can consider both credit histories. Applying jointly can also help if one or both applicants have bad credit. This is because we can consider both incomes and credit scores when we do our affordability checks.
To see if you are eligible for one of our loans as a couple, fill out our online application. If you get conditional approval, we will set up a face-to-face meeting at your local Everyday Loans branch.
Tailored Local Lending
The staff at all of our branches are dedicated to providing the best customer experience. If you are invited to a face-to-face meeting, we will look at more than just your credit history. We can take into account how you manage money, your financial obligations and your unique circumstances. This allows us to offer loans to a wider variety of customers than lenders that just rely on automated credit scoring.
In the meeting, we will determine if we can provide you with a final loan offer. If so, we will explain the specifics of the loan and fill out the paperwork.
Everyday Loans follow responsible lending practices. We are honest and fair with every potential customer while also ensuring that they have the best possible experience with us.
We meet with all of our customers face to face. This allows us to explain the terms of the loan agreement and helps us complete a detailed financial assessment of each client. All of our customer data is stored securely and processed in line with UK GDPR and DPA regulations.
We request that our customers provide the most accurate information they can during their application process. We have also prepared a glossary of terms to help explain some of the more complicated terminology involved in lending, such as APR and credit score. We also walk our customers through these topics during the loan meeting.
If a customer's financial situation changes, we request they let us know. For example, if someone lost their job and was unable to make their monthly payments, we can work together to provide appropriate support in managing the account.
If you would like to apply for a loan as a couple, simply click the apply now button. Then fill out the required information to get a conditional decision.
What are loans for couples?
A loan for a couple is a loan taken by two people. Generally, these people are partners. For example, they could be married, dating, family members or in some other form of partnership.
The loan allows both people to apply for financing together, which means the lender can consider both their credit scores, their incomes and any other applicable factors. This is important for a few reasons. First of all, applying together may allow a couple to borrow more money. Applying together can also help if one of the borrowers has bad credit.
If you are interested in applying for a loan as a couple, Everyday Loans may be able to help. We offer financing from £1,000 to £15,000 for 18 to 60 months. Fill out our online application form for a conditional decision.
How do loans for couples work?
Loans for couples work just like a normal loan, there are just two borrowers. For example, if you and your partner apply for a loan from Everyday Loans, we would still run all the same checks on you both, and your application would go through the same process.
If you are approved for a loan, we will have you both sign a loan agreement just like we would with a single borrower.
Once a loan has been granted to a couple, they are both responsible for making repayments. That means even if one of the people borrowing the money is unable to pay, the other person is still expected to make payments. Failing to abide by the terms of the loan could also harm both borrowers' credit.
What are the pros and cons of loans for couples?
The pros of a loan for a couple are:
Better options for people with bad credit. If you have bad credit and you apply for a loan, you are less likely to be approved. If you apply together with someone who has better credit, your chances of getting a loan may increase.
Help with payments. If you cannot make a payment for one month, your partner can step in and cover the cost for you.
The cons of a loan for a couple are:
Risks to both people's credit. If you and your partner miss a payment or pay late, it could negatively affect both of your credit scores.
Risks if you break up. If you break up with your partner, you will both still be required to make payments on the loan.
FAQs about couples loans
We have compiled some of the most commonly asked questions about loans and lending below to help answer any questions you may have. If you do not see the answer to your question, you can always call us or send an email to one of our helpful staff. They will work with you to get you the information you need.
Our initial application should not take more than a few minutes to fill out. Once you have submitted that, we will send you an initial decision. If we give you conditional approval on your application, in most cases, we set up a face-to-face meeting at one of our local branches. At this meeting, we decide if we can provide you with a final loan offer. If you are approved, we can usually get you your money within 24 to 48 hours.
At Everyday Loans, we do not charge any fees to apply. We also don’t have any hidden fees. That means as long as you abide by the terms of the loan and make your payments on time, you will only pay your loan principal plus the interest due.
There are two main types of loans for couples. These are secured and unsecured loans.
Secured loans are loans that require some form of collateral, like a car or home. These loans may have lower interest rates compared to unsecured loans, but if you default on the loan, you may lose the thing you used as collateral.
Unsecured loans do not require collateral. These loans are usually smaller than secured loans, but if you default, you will not lose your property. Unsecured loans also tend to be offered over a shorter period of time. The loans provided by Everyday Loans are unsecured loans.