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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.

£3000 Loans

There can be many barriers in the way of getting a £3000 loan, such as having a low credit rating or poor credit history. Whatever reason you have for borrowing such funds, these personal circumstances can prevent you securing the finance you need.

A £3000 personal loan can be used to cover all manner of costs, from outstanding bills and payments, to contributing towards essential car repairs, a wedding and many other important expenses. Borrowing money with our one-off £3000 quick loans can even be used to consolidate your existing loans by bringing it all together into one repayment plan.

At Likely Loans we may be able to help, as we offer a £3000 loan for people with bad credit ratings and history, making it possible for you to borrow money to cover those unavoidable expenses. It’s quick and easy to apply, you’ll know your eligibility beforehand which won't affect your credit score unless you continue with the application process. Plus, if you repay the loan on time each month, you’ll be on track to rebuilding your bad credit history.

How Do I Apply?

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 £3000 Loan?

Whether you require a £3000 loan over two years or more, there are various reasons why using Likely Loans can be a great choice:

  • You can apply for our £3000 online loans quickly and receive a no obligation quote
  • No additional fees are charged, while loan rates are clear and upfront
  • All £3000 loans can be paid back early without any additional fees, and you may be able borrow more later if you meet our approval criteria
  • You can also easily manage your loan online

Frequently asked questions

Can I borrow a £3000 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 your financial history may not reflect your position now, so when applying for a £3,000 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 affecting your credit score. We do soft search credit checks which mean your credit history won’t be affected at this stage. 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 a £3000 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 application.

Can I use a £3000 loan to pay off other debts?

Of course, you can use the loan for things like car finance to home improvements, and 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 repayments of a larger amount over a longer-term can mean you pay more interest.

What is the criteria to get a £3000 loan?

As with most loan providers, 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 £3000 loan?

Applying for any loan with Likely Loans is quick and simple and find out if you’re eligible within minutes. After that, once your application goes through the required checks, if you are approved you could have your money in your bank account by the next working day.

How much will a £3000 loan cost?

Your total amount repayable is dependent on how long it takes you to repay the loan and the APR you’re offered which is based on your personal circumstances, amount and repayment period. As an example, if you’re given the representative APR of 59.9% rate and repay regularly over 12 months, your total cost would be £3,833.88, while 24 months would go up to £4,717.92.

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 to 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 a minimum of 51% of customers who are accepted for a loan. If you have bad credit, you may be charged a different rate.

What repayment terms are available for £3000 loans?

For a £3,000 loan, you can borrow from 12 to 36 months.

Get a Quick Quote for a £3000 Loan

As with all of our loans, a £3000 personal loan from Likely Loans is unsecured and this means you don’t have to be a homeowner to take one out. Getting a quick personalised quote that’s obligation free is easy, just enter a few personal details online and you’ll receive an instant response as to whether your online application will be accepted or not.

Useful information like interest rates and a breakdown of your fixed monthly payments will be provided. Your monthly payment amount will depend on how long you choose to borrow over, whether it’s a £3000 loan over five years or less. After you apply online, the funds could be in your bank account as soon as the next working day once your loan application is sent and accepted.

Apply for a £3000 Loan Today

Contact us for more information about taking out a £3000 loan or apply now to help improve your finances today.

( It won’t affect your credit score )

Representative 59.9 % APR