No Credit Loans

Have Zero Credit Rating? Proper Finance Can Help

Having a low credit score, or not having an established credit history at all, can work against you when you are trying to gain access to a loan. There are a number of money lenders out there who will not provide a loan to someone in these financial circumstances. However, with Proper Finance, our team can help you to find an appropriate loan that is affordable and manageable for you. There is no need to despair, we can help you get that loan you need.

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Can you get a loan with bad credit?

Yes, it is still definitely possible for you to get a loan if you have no credit, or if you have a poor credit history. Whilst bad credit loans are not always offered by every lender, Proper Finance does work with a number of reputable lenders who do.

Soft searches are applied

When you make an application with Proper Finance, our team will carry out a soft credit check on your file to ensure that you would be a suitable applicant for a loan. You may be worried that this may have a negative impact on your credit score. Don’t worry! This type of search, unlike a hard credit search, does not leave a footprint on your file, which if you have made too many applications for credit within a short period of time, could end up making it more difficult to apply for further credit in the future.


It is still definitely possible to apply for a loan if you have no credit! Contact us today.

With a soft search, this is just a short-term search that will disappear shortly after it has been carried out.

Can a no credit loan help me?

If you decide to apply for a no credit loan with Proper Finance, you could help to get your credit record back on the right track. This is because as long as you take out a loan you know that you can afford (therefore always carefully check the terms and conditions of any loan agreement with a lender prior to accepting it) and keep up with the repayment plan and also pay off the loan in time, all can help to improve your overall credit score, or build your file in the first place. This is because your credit score never remains static: it can go up and down due to a number of factors. So don’t worry that you will always be stuck with a low credit score: there are different ways to get yourself out of the situation if you are willing to tackle it in a sensible manner.

What types of no credit loan can you get?

There isn’t just one type of no credit or bad credit loan that you could apply for with Proper Finance. Depending on your individual financial circumstances and what you are looking to get out of a loan (for example, the amount, the duration of the loan etc) there are a variety of loans you can choose from.

  • Guarantor loans: with this kind of loan, you will be required to have someone provide their consent (such as a friend or family member) who has a good credit score to agree to cover your loan repayments in the event that you are unable to pay the loan back yourself. Depending on the lender, they can offer lower interest rates as a result
  • Unsecured personal loans: some are especially for bad credit, and they allow you to borrow money without requiring an asset to secure it against such as property or a vehicle.
  • Peer-to-peer loans: whilst these kinds of loans typically have higher interest rates for those with bad credit, they are still an option. With peer-to-peer loans, instead of borrowing money from a bank or building society, you borrow from investors instead.

Can I get a secured loan with no credit?

Yes, you could decide to get secured loan where your home would be used as security. But if you did not keep up with repayments, it is important to note that you could lose your property.


Who can apply for a no-credit loan?

The exact eligibility criteria will vary amongst the different lenders that Proper Finance works with, but factors can include:

  • To be aged over 18
  • To be able to afford loan repayments, usually having an income of at least £500 a month
  • To be a UK based resident

How can I apply for a no credit loan?

If you want to apply for a no credit loan, it is very easy to do! Click on Proper Finance’s apply now button in order to fill out an application form. To complete it will take you less than 10 minutes, and you will receive an instantaneous decision about it. No need to have to wait and wait about a decision on your no credit loan! So get started today.


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