ePrivacy and GPDR Cookie Consent by Cookie Consent Been Refused A Loan? - Speak To A Specialist Lender - Everyday Loans

How much would you
like to borrow?


  • Less than perfect credit accepted

  • Conditional decision in minutes

Our quotes won’t affect your credit score.
Representative APR 99.9%.

Refused a loan before?

Even if you’ve been declined by other lenders, Everyday Loans may be able to help. We specialise at working with people who’ve struggled with credit before.

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 have been refused a loan due to bad credit or other financial issues, Everyday Loans may be able to help. We are specialists in lending to customers who have struggled to get loans, either through a bad credit score or simply having no or little credit history in the past.

Our lending process uses soft search technology when you initially apply for a loan with us, so it will not affect your credit history. This is a great benefit to our customers as some lenders use hard credit checks, which can leave a negative mark on your credit history. We only conduct a hard check when your application is fully approved.

To see if you could be conditionally approved, simply fill out our online application. If you are successful, we will schedule a face-to-face meeting at your local Everyday Loans branch.

Start Your Application

How it all works

With Everyday Loans, you're more than just your credit score. We look at your financial behaviour, not just your credit history. We also speak with you to better understand your situation. 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.

All of our loans are subject to status and affordability.

  1. Complete our online application form

  2. Get an initial decision in minutes

  3. 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. We use Soft Searching Technology which means if your application is unsuccessful, other lenders will not see it on your credit file. We only conduct a hard search during a full application for credit.
  • We can work with most people even if they have bad credit but they will need to be over 18, a UK resident and be able to afford repayments.
  • We're a direct lender not a broker. We'll NEVER charge you a fee to consider your application.
  • We'll give you a conditional decision in minutes.
  • You can borrow from £1,000 up to £15,000 over a minimum term of 18 months up to 60 months, for almost any purpose. We do not allow our loans to be used for gambling, business, or illegal purposes. Maximum APR 299.8%

At Everyday Loans, we provide loans from £1,000 to £15,000, and our loan terms are from 18 to 60 months. We are also able to work with people who have less-than-perfect credit. Our tailored approach to lending allows us to better understand people’s credit situations.

Our application process allows us to consider more than just a person's income and credit score. We also book a meeting with all of our customers so we can discuss finances face-to-face, rather than just using an algorithm.

To see if you qualify for a loan, fill out our online application. The process is simple, and once we have your information, we can provide a conditional decision.

Tailored Local Lending

Everyday Loans prides itself on quality customer service and friendly support staff. If you receive conditional approval for a loan with us, we will set up a meeting for you at our nearest location. During this meeting, we can look at more than just your credit history, we can review how you manage money, your financial obligations and your personal 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.

Responsible Lending

Everyday Loans is a responsible lender. We work with all of our customers to provide an honest and fair service, as well as keeping all of our applicants' data secure. We schedule a face-to-face meeting with each customer to get to know their individual circumstances.

During this meeting, we can explain the loan agreement, along with its terms and conditions. We also use this opportunity to complete a full assessment of each person's financial situation. All of our customer data is stored securely and processed in line with UK GDPR and DPA regulations.

During the application and meeting, we ask that our clients provide the most accurate information possible. We have also prepared a glossary of terms to help explain some of the more complicated lending terminology like APR and credit score. However, our lending experts will walk clients through these topics during their loan meetings.

We ask all of our customers to please let us know if their financial situation changes. For example, if their income is interrupted and they are unable to make a loan payment on time. In cases like this, we can work together to provide you with appropriate support in managing your account.

Please feel free to contact us with any further questions. To start an application now, click the apply button and fill out the form.

Why have I been refused a loan?

Lenders can turn you down for a loan for a handful of reasons. The most common are:

  • Your credit score is too low. You can check your credit at a number of credit reference agencies to see what your score is. If it is particularly low, this could be the reason you were turned down.
  • Negative marks on your credit history. If you have missed credit card or loan payments in the past, this could be causing some lenders to decline your application for a loan.
  • You do not meet affordability checks. This means that a lender has looked at your finances and decided that you may not be able to pay back a loan.
  • Signs of fraud on your credit report. If a lender thinks there are any signs of fraud, they will likely turn you down.
  • Problems with confirming your identity or address. All lenders want to make sure they can confirm who you are and where you live.
  • You do not meet a lender's minimum requirements. For example, if a lender requires all borrowers to be over 21 and you are 20.

If you have been refused a loan elsewhere, Everyday Loans may be able to help. We specialise in loans for people with less-than-perfect credit. Our loan terms are between 18 and 60 months, so we can make sure your monthly payments are affordable.

You can fill out our online application for a conditional decision, and we use soft search, so applying will not show up on your credit report.

What can I do if I am refused a loan?

If you have been refused a loan, check the information held about you with the three main credit reporting agencies. You can go to each agency and ask for a copy of your credit file.

You should look for any mistakes in this document. If there are mistakes, you can contact the credit reporting agency to get them corrected.

If you do not find any mistakes, you can at least see what your credit looks like and work to start improving it.

What other lending options do I have?

If you have been refused a loan by another lender, we may still be able to help you get a loan. Everyday Loans specialise in working with people who have bad credit or haven’t had many credit agreements before, so we may be able to accept people other lenders have refused.

To find out if you could be accepted for one of our loans, fill out our online application form. This will not affect your credit as we use soft search. Once you have submitted your application, we will send you a conditional decision.

How do I improve my chances of getting a loan?

The first step to improving your chances of getting a loan is to review your credit report. Make sure there are no mistakes, and if there are, contact the credit granting agency to get them fixed.

Then make sure you are on the electoral roll. This helps confirm your identity, which is very important for lenders.

Next, work on improving your credit score, which you can do by ensuring all of your payments are made on time. If you are struggling to manage your finances, you can seek free independent advice. More information can be found here.

Finally, avoid too many hard checks on your credit. If you are applying for lots of loans, each lender could be running a hard check on you which can damage your credit score. Instead, look for lenders that use soft search.

If you cannot wait for your credit to improve to get a loan, Everyday Loans may be able to help. We are experts in lending to people with bad credit. Fill out our application, and we will let you know if we can give you conditional approval.

FAQs for People Refused Loans

Being refused a loan can be confusing and might even make you angry. We understand that being turned down for financing can be a problem, so we wanted to answer a few of the most commonly asked questions about this topic. This should help you better understand some of the terminology around lending so you can understand what might have contributed to your loan request being denied.

  • What is a credit score? More

    A credit score is a number assigned to you by one of three credit reporting agencies. This number can go up or down depending on your financial decisions as well as the information the credit agencies have about you. You start out with no credit history because there is no historical data about how you use money. As you make purchases, take loans and manage your finances, these decisions will show up as changes to your score.

  • Why can Everyday Loans accept lower credit scores? More

    Everyday Loans as a business is built around helping people with bad credit get loans. We choose to accept a wider range of credit scores than many conventional lenders. This allows us to help people across the UK who cannot get a loan from more traditional lenders.

  • Can other lenders see when I apply for a loan? More

    This is complicated, and the answer is, it depends. When you apply for a loan with Everyday Loans, we use soft search technology. This means other lenders will not be able to see your initial application on your credit history. We only do a hard credit check if you accept our loan offer once we have had an in-person meeting. This hard credit check will show on your credit history.

    Other lenders may use a hard credit check when you submit your initial application. This can be seen by other people when they check your credit, so it is worth making sure any lenders you apply with use soft search. That way, you can compare loans without risking your credit score.