12 Month Loans

With a 12 month loan, you can borrow up to £35,000 to be repaid over a 12 month period. There are many different types of finance you can receive with a 12 month loan from Proper Finance. You can apply for a 12 month loan with Proper Finance simply by clicking the button below.

Our application is quick and simple to complete, and can take less than 5 minutes to both fill out and receive an instant decision on screen. If your application is successful, you will receive funds from your 12 month loan the very same day, and in some cases, in less than an hour after applying.

Most of the loans offered through Proper Finance are flexible, and applicants can choose both the specified amount and the length of time they would like to have their loan be. It is worth noting that the cost of the loan will depend on the different interest-rates offered by different lenders.

Click the button below to check eligibility and to apply for a 12 month loan with Proper Finance today:

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What are the benefits of 12 month loans?

There are many benefits for a 12 month loan, some of the main ones are listed below:

  • You have a set end-date for the loan that can help you to manage your finances and budget accordingly to ensure you make repayments efficiently.
  • The repayment plan is relatively short, meaning that the loan may potentially be less costly than some repayment plans that are scheduled over a year long.
  • There is a specific deadline that has been secured for the borrower, reducing the chance of these loan repayments being extended and thereby becoming more costly.
  • You can apply for a range of different loan types with a 12 month loan repayment plan, including the following; personal loans, peer to peer loans, guarantor loans and unsecured loans. Lenders for all of these types of loans can be found through the Proper Finance site.

How do I apply for a 12 month loan?

All of our application process is online, simply fill out a few personal details, the amount you are wanting to borrow and the time you would like to hold this loan for (12 months/a year for a 12 month loan specifically) and compare the best loans we suggest based on the details you have provided. We value your privacy, and will always handle all personal details with the utmost of care and security.

Click the button below to start your application with Proper Finance today and get fast access to information on your eligibility and the potential lenders that would be best for you.

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Why apply for a loan with Proper Finance?

Applying for a 12 month loan with Proper Finance is both quicker and simpler than other methods of applying for a loan. Unlike going to your local bank or having to take the time to speak to a financial advisor, with Proper Finance you can simply fill in an application and search for the best lenders all online.

We work with some of the largest lenders throughout the UK, meaning that all loans suggested by the Proper Finance site are some of the safest, most secured means of borrowing available.  All of our providers are FCA authorised ( or have interim permission), and have a valid credit license required to operate as a lender in the UK.

No upfront fees are applied when making an application with us online. Our comparison site is free to use, and is there to help customers find the loan that best suits their needs and financial situation.

What is the criteria for a 12 month loan?

The criteria for a 12 month loan will depend entirely on the loan type. For example, with an unsecured loan of 12 months, you will typically have to have a certain credit score or above to be deemed credit-worthy enough with our providers.

It’s always best to assess your current financial situation to have a better understanding of what type of loan would best suit your borrowing needs. Proper Finance compares a variety of different loan types to help get the best type of lending for you, including the following:

  • Personal loans.
  • Homeowner loans.
  • Wedding loans.
  • Unsecured loans.

The criteria for a 12 month personal loan, for example, would be that you must be over the age of 24, you must have a good credit history, and your income must be more than £15,000 per annum.

When will I receive funds?

After applying online through Proper Finance, you will receive an instant decision either accepting or declining your loan application. If your application is accepted, you could receive funds within the  same day, and even sometimes within the hour of applying.

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