LL Hero Tertiary
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Over how many months?

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Representative APR

59.9 %

Total repayable

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( It won’t affect your credit score )

Representative 59.9 % APR

Representative example

Borrowing £2,000 over 24 months at Representative 59.9% APR and Interest rate 59.9% p.a. (fixed) with monthly repayments of £131.05 and a total amount payable of £3,145.20. This example is for illustration purposes only. The rate and / or term you are offered is dependent on your individual circumstances Rates from 39.9% APR to maximum 89.9% APR. Loan terms from 12 to 36 months.

18 Month Loans

When life gets in the way with unexpected bills, big upcoming purchases and loans scattered in multiple places, an 18 month loan can make a huge difference to your financial peace of mind. Applying for an 18 month loan is quick and easy for various loan amounts and purposes, and allows you to repay your loan in manageable monthly instalments, rather than a lump sum. It can be an ideal solution for planned expenses or using a debt consolidation loan.

Unexpected bills such as home repairs, boiler replacements and car costs can be expensive and are practically impossible to budget for. However, Likely Loans may be able to help you manage the situation. If you’re worried about having a bad credit history, we offer 18 month loans for bad credit, so your credit rating may not be an issue, even if you’ve previously been declined for a quick loan elsewhere due to a poor credit history.

Our 18 month instalment loans are also unsecured loans, so there’s no requirement for you to be a homeowner to apply online, and no guarantor is needed. Plus, if you apply for a quote on any of our online loans, your credit rating won’t be affected until you complete the full online application.

Please note: This loan term is currently only available on our website for loans amounts of £500 to £990. Other loans amounts over 18 months are available through our partners.

How Do I Apply?... 3 steps, that’s it!

When applying for one of our unsecured personal loans there are three simple steps to follow:

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1. Tell us a little bit about you

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2. Get an instant response

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3. Money next working day

Why Choose Likely Loans for a 18 Month Loan?

  • Repay the loan in fixed monthly instalments with zero fees

  • You’ll know if you are eligible to be accepted within minutes and exactly how much you would pay for your repayment period

  • There are no hidden or additional fees, with clear monthly repayment terms

  • Like all our loans, apply for a quote on an 18 month loan without it affecting your credit rating

Frequently answered questions

Can I borrow an 18 month loan with a bad credit score?

With the ability to shop around online for different types of loans, getting rejected by your bank isn’t necessarily a problem as lenders like Likely Loans may be able to give you access to bad credit loans despite a low credit score. We understand that while you may not have a perfect credit history, it doesn’t necessarily reflect your position now, so when applying for an 18 month loan with bad credit, lenders will look at your current financial situation and other indicators to decide whether you’ll be able to afford the fixed monthly repayments on the loan.

If you’re worried about being rejected because of your bad credit history, you can check your eligibility with us without having an impact on your credit score. We do soft search credit checks which means your credit file won’t be affected at this stage. Simply enter a loan amount and term into our online loans calculator with a few of your details to receive your personalised loan quote.

Can I get an 18 month loan without a guarantor?

Yes. We offer unsecured loans which mean you neither need to secure your loan against your assets nor need someone else to be a guarantor as part of your online application.

Can I get an 18 month loan with no credit check?

No. As responsible lending is our priority, we carry out credit checks to make sure we aren’t lending to anyone who can’t afford it.

Can I use an 18 month loan to pay off other debts?

Of course, you can use the loan for things like unexpected bills, car finance and home improvements. Debt consolidation can often be a good choice depending on your circumstances. However, we encourage you to work out if consolidation loans financially make sense as sometimes spreading the flexible repayments of a larger amount over a longer term can mean you pay more interest.

What is the criteria to get an 18 month loan?

As with most loan providers, our lender requirements are that you’ll need to be over 18, a UK resident, employed and have a bank account and debit card to complete a loan application. In terms of income, you should be able to comfortably afford monthly payments from your regular income - for example, as a guide, £700 per month would be a minimum. We’ll look at your credit history and personal finances before making our decision.

How long will it take before receiving the 18 month loan?

Applying for any loan with Likely Loans is quick and simple and you’ll find out if you’ll be eligible within minutes. After that, once your application goes through the required checks, if you meet the approval criteria, the money could be received in your account by the next working day.

What is an APR?

APR is the annual percentage rate and important for calculating the cost of money borrowed. Interest rates, fees, how often it’s charged and all other costs contribute to the APR. Representative APR is the APR we'll offer to at least 51% of people who are accepted - it's not a guarantee. The remaining customers that are also accepted will be offered a different APR than the one advertised based on individual circumstances. Please note, the APR offered is based on your personal situation and is dependent on many different factors. As such the APR offered may be different from the representative APR.


Will I pay a higher rate if I have bad credit?

Yes, you might. As a lender, we offer our representative APR of 59.9% to at least 51% of customers who are accepted for a loan. If you have poor credit, you may be charged a different rate.

How much can I borrow?

For an 18 month loan, you can borrow from £500 to £5000 and pay back the loan in monthly instalments.

Can I top up my 18 month loan?

You may be able to top up your loan in the future if you become eligible. You can check your eligibility through your online account.

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Get a Quick Quote for an 18 Month Loan

You can apply online for a no obligation quote for an 18 month loan with us today. We’ll just need some personal information, and you’ll get an instant response on your eligibility.

Once you’ve completed and sent your application, the money could be with you the next working day.

Apply for a 18 Month Loan Today

You can apply for small loans over 18 months today, even if you have bad credit. If you have any questions, please contact us or visit our FAQs.

( It won’t affect your credit score )

Representative 59.9 % APR