Rating based on 74 reviews

1Plus1 Loans

  • Bad credit loans up to £10,000
  • Low-interest starting from 47.8%
  • Repayment up to 60 months

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1Plus1 Loans homepage
Author 1Plus1 Loans. Screenshot of 1Plus1 Loans website.
[Accessed September 7, 2021]

About 1Plus1 Loans

1Plus1 Loans is helping thousands of Britons make borrowing money more affordable by providing loans for bad credit with affordable repayment prices.

The credit loan provider is sensitive to their client’s needs and believes in treating each client fairly and responsibly.

Giving clients a better chance

1Plus1 Loans is a registered credit provider with the membership of the Financial Conduct Authority (FCA).  Their finance experts ensure that bad credit loans are paid out efficiently and quickly as possible.

Using a simple approach

The online lender allows clients to make use of a guarantor when applying for loans. A guarantor is someone who will pay on the client’s behalf if the client is unable to pay their bad credit loan. After carrying out all the checks to ensure that both parties will be able to repay the loan, the money will be paid straight into the client’s account. 1Plus1 knows that guarantors will not agree to pay if they are unable to meet obligations, therefore guarantors are mostly family and friends.

1Plus1 Loans Services

1Plus1 Loans can verify income and expenditure through association with the banks.

Requirements for a guarantor loan

  • Confide in someone they can trust.
  • The guarantor needs to be a homeowner.
  • The guarantor needs to have a good credit rating.
  • The guarantor needs to have stable employment.

Making it easier for the customer

This means that clients do not have to verify income and expenditure by providing payslips and bank statements.  This, therefore, speeds up the process of providing bad credit loans. 1Plus1 Loans have a variety of loans in their stable to ensure they provide clients with the best loans they deserve.

The various loans on offer

  • Wedding loans
  • Debt consolidation
  • Car financing
  • Guarantor loans
  • Bad Credit Loans

1Plus1 Loans – Bad credit loan

  • Loan Type Bad credit loans
  • Interest Rate from 47.8%
  • Loan Amount up to £10,000
  • Repayment 12 months to 60 months

Benefits of 1Plus1 Loans

  • A direct lender
  • Loans pay out fast
  • Apply online within minutes
  • Borrow with a guarantor

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 quick loans calculator is subject to our terms of use.

Get a reliable bad credit loan at 1Plus1 Loans

1Plus1 Loans conform to the highest standards of service in taking care of its customers. 

1Plus1 Loans have the option to apply for a loan online where clients, through a click of a mouse, can access loans. These bad credit loans payout in double-quick time with finance experts treating every application with quick turnaround times. Interest rates on bad credit loans online are pegged at  47.8%. Clients can loan amounts of up to 10, 000 with repayment periods of between 12 to 60 months.

1Plus1 Loans` online loan calculator speeds up the process of accessing or granting bad credit loans.  All the client does is place into the required field the amount they want to borrow, the projected interest rate, and repayment term. The calculator will then calculate the installment and capital to be paid back on the loan.

Helping with unsecured debt consolidation loans

1Plus1 Loans offers unsecured debt consolidation loans to bad credit loan clients battling to pay their debt. Consolidation loans allow clients to combine debt payments  – credit cards, store cards, overdrafts, or loans – into one payment.

This can reduce total repayments on any outstanding debts that allow clients to potentially save money. Before offering a client a loan for debt consolidation, 1Plus1 Loans will look at outstanding debt and credit history.

They are among the most competitive providers of bad credit loans when it comes to pricing in the marketplace. As a responsible lender, they make sure that they only provide loans to clients who can afford them. Therefore each bad credit loan client needs to verify income and expenditure when applying for loans.

Advantages of unsecured debt consolidation loans

  • Clients can settle multiple debts in one manageable monthly repayment
  • Clients can find a lower interest rate to reduce the total interest paid on outstanding debts
  • Regular, manageable repayments could help clients improve credit rating
  • A single loan can be easier to manage than several repayments made to different lenders

Top-UP loans give bad credit loans clients a boost 

Clients who are good payers and who have a proven track record of controlling finances can apply for a Top-UP loan through the credit lender. This allows customers the option to borrow more cash during the term of their existing loan. A Top-up Loan can be used for the cost of home improvements or an urgent holiday.

1Plus1 Loans would be only happy to help if one-third of a customer’s payments have been made or the monthly repayments on other loans have been met. Any additional borrowing is subject to meeting the lender’s creditworthiness and borrowing policies.

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1Plus1 Loans is a trusted & reliable provider of bad credit loans

In our review, 1Plus1 Loans adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

1Plus1 Loans is a registered credit provider in UK: FSA 717767

Customer Reviews & Testimonials

October 2021

I haven’t received such friendly services for a long time. The consultant that was helping me was so friendly and I could tell he was enjoying his work. I know working with people 24/7 a day can’...

Charlie C
— Hartlepool —

July 2021

Very easy platform to use. I’m quite old and don’t know much about technology but this platform was so easy I would make use of 1Plus 1 loans again. I thought it would take me days to figure it o...

Ava M
— Eastfield —

1Plus1 Loans Contact

Physical Address

  • The Old Tannery Eastgate Accrington Lancashire England BB5 6PW United Kingdom
  • Get Directions

Opening Hours

  • not available