Rating based on 49 reviews

118 118 Money


  • Bad credit loans up to £5,000
  • Low-interest starting from 71.3%
  • Repayment up to 24 months

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118 118 Money homepage

Author 118 118 Money. Screenshot of 118 118 Money website. [Accessed April 25, 2020]

About 118 118 Money

118 118 Money was formed in 2013.

Ever since we started operating, we have helped a lot of people get back on their feet by providing personalized financial solutions so that you can handle whatever lands in your path. We are shaking up the traditional UK financial services industry with our bad credit loan product.

We are a registered finance provider

As technology becomes advanced, we have observed that the number of online scammers is rising too. 118 118 Money is authorized and registered by the Financial Conduct Authority and the Financial Conduct Authority respectively. We respect all the UK’s lending rules and we lend responsibly. We encrypt all the documents you send to us to protect you against scammers.

We are the best at what we do

At 118 118 Money, we provide the people of the UK with the tools, resources, and products you need to embrace good financial habits and help build your credit score. We have helped over 100,000 UK customers through our customer-centric approach which resulted in a five-star Trustpilot rating.

118 118 Money goals

We strive to provide better financial services than we used to in the past, so you can build a better future for tomorrow. We offer a range of products from loans to credit cards, our financial solutions ensure you can handle whatever lands in your path, so you can carry on with your life. We are determined to help people improve their finances with bad credit loans.

118 118 Money Services

Our range of products is designed to suit your needs while considering your affordability.

At 118 118 Money, we do not have any hidden charges or confusing small print and we won’t shy away if you have less than perfect credit. 118 118 Money offers a fair and transparent service.

Bad credit loans at 118 118 Money

To have bad credit does not necessarily mean your credit history is bad or poor, it might just be that it’s less than perfect. People with bad credit sometimes struggle to receive loans but at 118 118 Money, we have got you covered. We do not judge you based on your past mistakes. Instead, we encourage you to change and become a better person. 118 118 Money can borrow you up to £2, 000 which will be repaid in monthly instalment over 24 months.

118 118 Money bad credit rates

We offer the most affordable services at 118 118 Money. When you take our bad credit loan you can expect a fixed interest rate of 71.3% pa. And a Representative 99.9% APR.

118 118 Money provides support

We know that life cannot be predicted, and financial worries can be a real burden to your lifestyle and happiness. We are a reliable lender that will provide you with affordable monthly payments. We discuss the monthly instalment with you so that you can have some change left after repaying us to take care of your other expenses.

118 118 Money – Bad credit loan

  • Loan Type Bad credit loans
  • Interest Rate from 71.3%
  • Loan Amount up to £5,000
  • Repayment 1 week to 24 months

Benefits of 118 118 Money

  • Use a personal loan to consolidate debt
  • A simple and transparent loan service
  • Fair and affordable loans
  • Bad credit loan options

Bad credit loan calculator


The interest rate of a loan will vary based on your credit score and risk profile.

This loan calculator is for illustration purposes only.
The use of this Online loan calculator is subject to our terms of use.

Start a simple and quick application that can change your life forever today

118 118 Money application form is straightforward and after four simple steps of applying you can submit your application for review.

Our loan application form can be completed within 60 seconds. Although we do not ask for unnecessary paperwork, we can ask for extra documents, but this is generally to help us decide whether you can afford the loan.

What do you need to get a bad credit loan at 118 118 Money

  • Reside in the UK and be between 18 and 70 years.
  • Hold a UK bank account and debit account holder.
  • Your monthly income should be above £700

Required information when you apply online

  • Full name
  • Mobile phone number
  • Email address
  • Home address
  • Employment history
  • Net monthly income
  • Outgoings
  • Bank details

How do 118 118 Money collect payments

We will direct debit the amount on monthly instalments from the bank account you gave us when applying. However, we will never use your card details to take a missed payment more than three times each time you fall into arrears.

Early repayments at 118 118 Money

We allow you to settle your loan anytime when you feel like it. But you must contact us so that we can provide you with an early settlement quotation or a partial early settlement quotation, which is valid for 28 days. And we are entitled to charge up to 28 days’ interest if its period is more than 12 months, we are entitled to charge up to 58 days’ interest.

How to get hold of 118 118 Money

Although we mostly offer our services online you can get hold of by visiting any of our branches. However, if lending online is most suitable for you, you can visit our website and start your loan application there. You can also get hold of us by downloading our official app.

Customer Reviews & Testimonials

December 2019

I managed to receive a better loan with my bad credit at 118 118 Money.

Brian I
— Scotland —

August 2019

118 118 Money instilled back my confidence in improving my credit score.

Angel M
— England —

118 118 Money Contact

Contact Number

  • not available



Physical Address

  • The Pinnacle, 170 Midsummer Blvd Milton Keynes MK9 1BP United Kingdom
  • Get Directions

Opening Hours

  • not available