12 month loans


Select your loan options

How much? £

Number of repayments

repayments of

When is your next payday?

Repayment summary

Please ensure you can afford each of the repayments before applying.

Amount borrowed:
Length of borrowing:
First repayment date:
Instalment amount:
Total repayable:

Repayment summary

Please ensure you can afford each of the repayments before applying.

Amount borrowed:
Length of borrowing:
Date of repayment:
Interest per day:
Total repayable:

Please note: Calculation is for illustrative purposes only. The actual cost and repayment summary may vary based on affordability and pay dates.

Please note: Calculation is for illustrative purposes only. The actual cost and repayment summary may vary based on affordability and pay dates.

Representative Example:  £300 borrowed for 6 months. Annual interest rate of 179% (fixed). Total amount repayable is £461.70 in 6 monthly instalments of £76.95. Representative 444% APR.

Apply for a short term loan in 3 steps

Apply for your loan

Choose to borrow between £100 - £2,000, spread between 3 – 12 payments. Please note that borrowing for longer can be more expensive.

Get a decision

Based on the details you’ve provided, we’ll make a lending decision. All applications are subject to credit and affordability checks.

Money deposited

If your loan application has been approved, it will be finalised and deposited to your bank account subject to our final checks**

Ways to apply for your short term loan

Online

Fill out our application form online, and receive an instant lending decision.

Apply now

In-store

Visit us in-store to apply – with over 230 stores across the UK, there’s bound to be one near you!

Find a store

By phone

Alternatively, call our friendly customer service team on 0800 009 3565*

Contact us

What is the difference between 12 month loans and payday loans?

Payday loans are typically used if you need to make up a small shortfall in your cash flow, and can pay it back in one lump sum once you’ve been paid. One full repayment isn’t convenient for everyone, and it can create further cash flow problems.

Alternatively, 12 month loans enable you to pay your loan over 12 monthly instalments – a longer repayment plan generally means that you will borrow a higher amount than what you would if you chose to take out a payday loan. However, the smaller monthly payments can be a more convenient option for some; although borrowing for longer can be more expensive

Does The Money Shop offer 12 month loans?

The Money Shop offers 12 month loans online, where you can borrow between £500 - £2,000.

Our short term loan options enable you to apply for between £100 - £2,000, repayable over 3 – 12 months. You can apply online, in-store or over the phone. Find out more here.

When you apply for a loan with The Money Shop, you will need to bring your photo ID, proof of income, proof of address and debit card. You can find the full list of ID we accept here.

Please note that amount and length of repayment differ in-store. Ask in-store for more details or alternatively, give us a call on 0800 009 3565.

Why choose a 12 month loan with The Money Shop?

We don’t charge any fees on our loans: that’s no arrangement, late repayment or early repayment fees. All you pay back is your agreed interest. If you find that you can afford to pay your loan back sooner than expected then that’s fine. By doing so, you’ll reduce the amount of interest you pay as this is calculated on a daily basis.

Apply online

12 month online loan repayments with The Money Shop

Loan amount

Repayment term

Monthly repayment amount

Total payable amount*

£500

12 months

£75.31

£903.72

£1,000

12 months

£150.63

£1,807.56

£1,500

12 months

£225.94

£2,711.28

£2,000

12 months

£301.26

£3,615.12

*for illustrative purposes only. Amounts may vary depending on your payday.

12 month loans UK providers

When you are researching different loan providers, it’s important that you only consider companies that are responsible.

At The Money Shop, not only are we regulated by the Financial Conduct Authority (FCA); we’re also members of the Consumer Finance Association (CFA). This means that our services comply with responsible lending guidelines.

Applying for a 12 month loan with The Money Shop

If you would like to apply for a 12 month loan with The Money Shop, you can do so by filling out our online application form.

Alternatively, if you would like to take a short term loan with us over a shorter period of time, you can also apply by visiting us in-store.

Apply online

Important information about your short term loan

Paying back short term loans

Your loan repayment(s) will be taken automatically on the contractual date(s) using your debit card. If your card details have changed please contact us urgently on 0800 009 3565* to update these.

There are no late repayment fees if you miss a payment for your loan, and we will not charge any additional interest. Late repayment may result in us reporting this to the credit reference agencies, which could have a negative effect on your credit score.

If you’re an existing customer and would like to apply for an online loan, please do this through your online account, or alternatively, you can contact us on 0800 009 3565* to apply over the phone**.

We understand that your personal and financial circumstances can change. If this occurs, or if you are having trouble repaying your online loan, let us know as soon as possible by contacting us on 0800 009 3565*, and we will do our best to help.

Free debt advice

If you are experiencing financial difficulty, please click here to find information on non-fee charging agencies that provide independent advice.

Short term online loans should not be used as a long term financial solution

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