Low Interest Loans

Apply for loans with low interest rates

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We work with trusted brokers to give you access to a panel of leading lenders well placed to meet your needs.

Low-interest loans are usually favourable to people looking for any financial support given that they suggest that you will be spending less overall when it comes to making your repayments. Different loans products come with different interest rates; the amount of interest that you are charged will depend on the lender you go with and the financial product you opt for. Find out more from this guide to low-interest loans, brought to you by Proper Finance.

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In order to get the best rate on your loan, the first thing you need to do is to compare the rates that different lenders have to offer. You can do this easily by using our easy comparison table which lays-out what each of our trusted lenders has to offer. By doing this you will have a better understanding of what constitutes a low-interest loan and who currently has the best rates.

Secondly, you might need to think about improving your credit score. You can do this by:

  • Not taking out unnecessary loans
  • Only possessing and using a reasonable number of credit cards (2 – 3)
  • Closing old, dormant accounts and credit cards
  • Paying off any loans and contracts or obligations as quickly as possible; preferably early
  • Making sure your details on your credit report are up to date (personal details, address, contact details)
  • Avoiding County Court Judgements (CCJs) and defaulting on any payments

Your credit score is important when looking for a low-interest loan as lenders will be able to offer more competitive rates to candidates who they deem to be trustworthy and low-risk. Your credit score is one of the first things that they will look to in order to work this out.

Next, you need to think about the loans product you are applying for when endeavouring to get a low-interest loan. Short-term loans such as payday loans often come with relatively high-interest rates because they tend to be of a smaller sum of money and they can be paid very rapidly. Loans with longer repayment terms may have lower interest rates, but you might be repaying a similar amount overall to the person who gets a higher-interest short-term loan, as you will be charged interest for as many months as it takes to repay your loan.


At Proper Finance, our lenders enable you to borrow between £50 and £50,000. The amount of interest you are charged on your loan will usually depend in part on the amount you choose to borrow. Interest rates between lenders and amounts will vary.


Firstly, use our free and simple comparison table to compare rates from our list of featured lenders. You can click through and apply on their website directly. Alternatively, you can provide us with a few of your details and one of our partners will get back to you promptly to discuss your options.

The main benefits of our website include:

  • No upfront fees
  • We will not pass on your details to third parties without your permission
  • Our site is on a secured server (https) to protect your details
  • Compare rates from several competitive lenders
  • Choose from over 50 different unsecured loan products

Because we have partnered with multiple lenders, we are able to offer you the choice you deserve when it comes to finding the right loan for you. With us, you are free of the restrictions and set-rates involved in looking at a single lender.

We allow you to borrow from £50 up to £50,000 from one of our many lenders.


Whilst the criteria may vary between lenders, the eligibility factors include:

  • Must be a UK Resident;
  • Must be over 18 years of age;
  • Must have a working debit account, email address & phone number;
  • Must be employed, earning at least £500 per month and able to afford monthly repayments;
  • Must have no history of bankruptcy, CCJs or IVAs.

What happens if you cannot repay?

Failing to repay your loan may result in your credit rating being negatively impacted, which could harm your ability to access other financial products in the future. If you take out a loan that is secured against an asset, such as your home or your car, defaulting on your repayment could lead to the repossession of that asset.

Please ensure that you choose a realistic repayment term when applying for a loan with any one of our providers such that you are able to make your monthly payments. If you expect that you will not be able to make a monthly repayment, ensure to let your chosen lender know in advance. Most lenders have sympathetic policies which allow for a grace period of a couple of days if you ensure to notify them of your situation.

f you wish to view the other financial services Proper Finance has to offer, please see Our Products. Alternatively, drop us an email at info@properfinance.co.uk and we will get back to you to help you with whatever you need.

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