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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.

Loans for Young People

If you are a young person who has never taken out a loan or even used a credit card before, borrowing money may be intimidating and it can be difficult to secure the finance you need due to an initial poor credit score and little to no financial history. What’s more, loans for young people with poor credit history can also be just as hard to come by, but luckily there are options out there.

Young people take out loans for all kinds of things including for mobile phones, laptop repairs or even career development courses and training. One of the most common reasons is for a car, whether that’s the initial purchase, getting the car insured or affording unexpected repairs. Not everyone has family and friends that can and are willing to help out financially with these things, which is exactly where Likely Loans step in.

Likely Loans can offer fast loans specifically for young people, as well as loans for young people with bad credit or no 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 Take Out a Young Person’s Loan?

Whatever the situation might be, whether it’s an unexpected bill, or emergency repairs to a car, we could provide a loan to help young people in such circumstances. In addition to this, young people could make the most of the advantages of taking out such a loan like:

  • The potential to improve their credit rating by paying off the loan in the agreed repayment period

  • Instant access to cash to provide support

  • Gain experience in managing finances/repaying loans

  • A quick and easy loan application process

Get a Quote from Likely Loans

You can apply online to get a quick personalised quote if you’re interested in securing one of our loans for young people. All you need to do is tell us a bit about yourself by entering your details and we’ll give you an instant response on your eligibility. You could then have the money with you in your bank account the next working day.

Apply for a young persons loan

Our aim is to provide you with the money you need whilst making the repayment process as straightforward and transparent as possible, and hopefully even building up your credit file in the process. For any further information, get in touch with us and our team will be happy to help.

( It won’t affect your credit score )

Representative 59.9 % APR