Want Fixed Monthly Payments? Explore Installment Loans UK

Spreading a cost over several months can make it easier to plan. CashFacts is a UK direct lender offering loans from £500 to £2,500, repaid in equal monthly instalments.

  • Fixed payments : The same amount each month until the loan ends
  • Soft search first : Check your eligibility without affecting your credit score
  • Direct lender : No broker involved, so no broker fees
CHECK MY ELIGIBILITY (SOFT SEARCH)

Approval isn't guaranteed. Applications are subject to affordability and identity checks.

Spread your borrowing costs comfortably over time

When sudden expenses pop up, paying back a loan in one full lump sum on your very next payday can create severe strain on your upcoming monthly budget. Having the freedom to break down the total balance into smaller, equal installments helps keep your household finances balanced and predictable.

At CashFacts, we offer straightforward installment loans in the UK designed to give you manageable repayment horizons. As a responsible direct lender, we evaluate small installment loans with soft search checks based on your current disposable income, giving you a fair and transparent alternative to high-cost payday borrowing.

What Is an Installment Loan?

An installment loan is a loan you repay in equal, regular payments over a set term, until the balance reaches zero.

At CashFacts:

  • You can borrow £500 to £2,500
  • You repay in fixed monthly instalments
  • You choose a term, such as 3, 6 or 12 months
  • The loans are high-cost, so they suit short-term needs only
What Is an Installment Loan?

Why do borrowers choose installment loans?

We assess small installment loans with a soft search based on your current income and outgoings. Borrowers often like:

  • A fixed amount: It doesn't change during the loan
  • A clear end date: Your agreement shows when you'll finish
  • A choice of term: Pick a length that fits your budget
  • A payment date near payday: Choose a date that suits you

How does the term you choose change what you pay?

Always compare the total repayable, not just the monthly amount.

Shorter term Longer term
Monthly payment Higher Lower
Total interest Usually lower Usually higher
Debt-free Sooner Later

How do you apply for an installment loan?

  • Choose your amount and term. Pick between £500 and £2,500 and a schedule you can manage.
  • Complete the short form. Enter your income, regular outgoings and bank details.
  • Review your agreement. If you're approved and verified, you'll see the total repayable before accepting. Once you accept, funds go to your UK bank account.

Are you eligible for bad credit installment loans?

You can apply if you:

  • Are 18 or over and live in the UK
  • Have a UK bank account with a debit card
  • Have regular income paid into that account
  • Can pass our affordability and identity checks

Past defaults or CCJs? See our bad credit loans UK page. Mainly on benefits? Read our guide to loans for unemployed on benefits.

Are you eligible for bad credit installment loans?

Why Choose CashFacts for Direct Lender Installment Loans?

  • Direct lending : You deal with us, with no broker in between
  • Affordability first : We check that repayments are manageable before offering a loan
  • Clear agreement : It shows the total repayable before you accept
  • Apply on your own : No guarantor needed. See our no guarantor loans.

Other borrowing needs? See our home improvement loans, car loans, everyday loans, debt consolidation loans, short-term loans, Christmas loans and holiday loans pages.

CashFacts- FAQs

FAQs

Can I repay early, and will I save interest?

You have the right to repay early. You'll usually save future interest, but a charge may apply, so check your agreement.

What happens if I miss an instalment?

Missed payments may lead to extra charges and be recorded on your credit file. Contact us as soon as you can.

Can I change my payment date?

Yes, you can do that, but you need to inform us beforehand. Our loan representatives will discuss it with you and make the necessary arrangements.

Is an installment loan the same as a payday loan?

No. Payday loans are usually repaid in one lump sum. Installment loans are repaid over several months. Both are high-cost, so compare the total repayable.

How do I know I can afford the instalments?

List your income and all regular bills, then check the monthly payment fits with a buffer. MoneyHelper has a free budget planner.

Representative Example

  • You borrow£500
  • Loan term4 months
  • 4 monthly instalments of£170.00
  • Total interest charged£180.00
  • Total amount repayable£680.00
  • Representative APR (fixed)359.2%

Borrow £500 over 4 months. Repay in 4 monthly instalments of £170.00. Total amount repayable: £680.00. Total interest charged: £180.00. Representative 359.2% APR (fixed).

Warning

Late repayment can cause you serious money problems.

For help, go to moneyhelper.org.uk.

I want debt consolidation loans for bad credit near me. Does CashFacts Offer?

Yes, we do.

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