ePrivacy and GPDR Cookie Consent by Cookie Consent Long Term Loan - UK Loan 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%.

Long Term Loans

We are a direct UK lender specialising in helping those with less-than-perfect credit. You could borrow up to £15,000 from 18 months to 5 years. Contact us to see if we can help.

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

At Everyday Loans, we have been providing long-term loans to thousands of customers since 2006. We can help people with a variety of credit scores, even If you have struggled with your credit in the past. This has helped us secure financing for people across the UK.

We provide loans from £1,000 to £15,000 with terms from 18 months to 5 years. When we look at a loan application, we review more than just your credit history, we also look at your current finances and get to know you better so we can understand your situation and needs.

If you would like to know more about our unsecured loan options, you can contact your nearest branch directly with any questions. If you are ready to apply for a loan today, you can fill out our application form, and we will give you a conditional decision.

Start Your Application

How it all works

We are a friendly local personal loan provider with branches nationwide. Our staff are skilled in dealing with credit scores of all types and offer a more personal lending experience. Applying with us takes a few minutes, and you’ll receive a conditional decision in minutes. If you are conditionally approved, you will be invited to visit your nearest local branch to discuss potential loan agreements and meet your account manager. The whole process can be completed within 24 to 48 hours.

  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?

  • We use soft search technology for applications, so applying for our loans will not be visible to other lenders on your credit report. We only conduct a hard search during a full application for credit.
  • We are bad credit loan specialists, so you don’t need a perfect credit score to apply. You'll need to be over 18, a UK resident and be able to afford repayments.
  • We're a direct lender, not a broker, and we do not charge a fee to apply.
  • We'll give you a conditional decision in minutes.
  • Borrow £1,000 to £15,000 from 18 to 60 months. Loans not for business, gambling or illegal purposes. Maximum APR 299.8%

Everyday Loans have many years of experience in providing long-term loans to borrowers across the UK. We specialise in helping people with bad credit, so we may be able to provide you with a loan offer even if you have had issues with money in the past. We also meet with you face to face so you will have a chance to speak with one of our staff about any questions you may have.

To better serve our customers, we have local branches across the UK. That means meeting up to discuss a potential loan is as easy as possible. Our staff can help explain things like loan offers and make sure you feel comfortable understanding any financing agreements.

Tailored Local Lending

Our local branches are one of our best assets when it comes to customer service. Each location has a team of professionals ready to help you. Once you have received conditional approval for a loan, we will set up a meeting at your nearest branch. This allows us to speak with you and get to know you as more than just a credit score..

We will discuss how you manage your money, your financial obligations and any personal circumstances you may have. This process allows us to offer loans to a wider variety of customers than lenders that just rely on automated credit scoring.

Responsible Lending

We are committed to responsible lending practices for all the customers we serve. At Everyday Loans, we work to create an honest and fair environment that helps our clients and keeps their data secure.

To provide the best possible service, we meet with every customer to discuss their potential loan. This includes explaining the terms of the loan, as well as performing a financial assessment. All of our customer data is stored securely and processed in line with UK GDPR and DPA regulations.

We ask all of our customers to provide the most accurate information possible. We have also created a glossary of terms to help explain some of the more complex lending terminologies like APR and credit score. However, we also cover these topics during the meeting.

If a customer’s situation changes during the life of the loan, for example, they are unable to make a payment one month, we ask that they let us know. This way, we can work together to provide appropriate support in managing the account.

If you are looking for a long-term loan, you can apply by clicking the ‘apply now’ button at the top of your screen.

What is a long-term loan?

A long-term loan allows borrowers to get a lump sum of money and then pay it back over a long period of time. The period you have to repay the loan, known as the term, will be agreed upon before you get your loan.

Long-term loans can be secured or unsecured, and the details of the loan will be set by the lender.

Everyday Loans offers unsecured long-term loans for up to 5 years. This means if you borrow from us, you will pay your loan back in monthly instalments over a 5-year period or less, depending on the specifics of your loan agreement.

How do long-term loans work?

A long term loan with Everyday Loans is a personal unsecured loan. This means our loans aren’t secured against any property like your car or home, and your payments are spread over an agreed number of months or years.

You choose the amount you want to borrow, between £1,000 to £15,000 & provide us with some basic information about your contact details, income detail & your reason for needing a loan. Once you click “Submit” on your application, our system uses soft searching technology to check your credit file, which doesn’t impact your credit score if you are unsuccessful.

If you are approved online, you will be invited to your nearest Everyday Loans branch to finalise your loan agreement. Following the meeting, if your application is fully approved and you accept the terms of the agreement, your funds could be with you in 24-48 hours.

What are the pros and cons of long-term loans?

The pros of long-term loans include:

More affordable monthly payments.

A longer timeframe to pay back what you borrowed.

The cons of long-term loans are:

Potentially higher costs over the life of the loan.

Negative marks on your credit score if you miss payments.

I have bad credit, can I still get a long-term loan?

Potentially. Everyday Loans specialises in helping people with poor credit. We have worked with people all over the UK who have bad credit to get the loans they need.

If you are interested in our loans, you can fill out our online application or call your local branch to learn more.

Are long-term loans cheaper than short-term loans?

The total cost of a loan is determined by the term and the APR. When comparing a short term loan with a longer term loan, both with the same APR, longer term loans will have lower monthly payments, but the it will cost more over the life of the loan.

What can I use a long-term loan for?

Everyday Loans allow our customers to use their financing for most things; however, there are some exceptions.

  • Our loans cannot be used for business. This is because they are personal loans, and we are not a business lender
  • We do not allow borrowers to use their loans for gambling. This is against our terms.
  • Finally, we do not allow people who take a loan from us to use it on anything illegal.

When you apply for a loan with Everyday Loans, we will ask you what you are using the money for, to ensure that any loan offered is suitable, appropriate, and responsible. Apply today to see if you are eligible.

FAQs about long term loans

In this section, the most frequently asked questions about our loans and lending in general. Our goal is to provide you with the information you need to feel confident in your lending decisions.

If you have any questions we have not answered in the below section, contact us, and we will help in any way we can.

  • Will a long term loan affect my credit rating? More

    The short answer is probably, but whether your credit goes up or down is hard to say. If you miss payments or pay late, a long-term loan could have a negative impact on your credit.

    If you pay on time and follow the terms of the loan agreement, a long-term loan could potentially be beneficial to your credit.

    There are a lot of factors that feed into your credit, so there is no guarantee that taking a loan will have a specific impact.

  • Can I pay back my long term loan early? More

    Yes. Everyday Loans allow our borrowers to pay back their loans early. If you are borrowing from another lender, they may charge an early repayment fee.

  • Can I apply for a long term loan with another person? More

    Yes, we actually have a page dedicated to this called joint loans. In essence, you can apply for a loan with someone else, and we will consider both your incomes and your combined credit when we make our lending decisions.