Rating based on 54 reviews

Progressive Money

  • Bad credit loans up to £15,000
  • Low-interest starting from 61.91%
  • Repayment up to 36 months

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

About Progressive Money

We pride ourselves on excellent customer service. We help people who can’t get credit anywhere else.

Progressive money is a direct lender and can lend loans from £1 000 up to £15 000. We like to keep things as simple as possible for you and to find the right possible loan for you we like to know that you will be able to meet our basic criteria.

The loan requirements

To be able to get a bad credit loan from us you need to be between the ages of 18 and 70 years, be a homeowner, must live in England, Scotland, or Whales and must be employed and have been working at the same place for at least 6 months with an income minimum of £800. We offer a simple application process with flexible lending terms of up to 10 years with no-obligation quotes.

If your application doesn’t meet our requirements or you would like to consider other lending options we are allowed with your permission to pass the information to other selected party brokers or lenders and also other companies that are regulated and authorized by the Financial Conduct Authority. We are direct lenders and licensed credit brokers. You are allowed to apply for any loan of your needs. If you need the loan to help you with home improvements or to use as a debt consolidation loan. Our flexible loans can help you with repayments from 18 months to 15-year terms, depending on the type of loan you choose.

Progressive Money Services

You don’t have to worry about your details, we understand that we have sensitive information.

Progressive money takes your privacy very seriously and will use your information only to discuss our loan offers and provide information about the products you have requested.

Easy to manage loan options

When you have taken out a quick loan and become our customer, your information will be used to manage your loan. We are only obligated to keep your information up to 12 months to help us help you enable your loan application if you have decided not to accept our loan offers we delete your inquiry details unless the law regulations state that we must keep it longer. Our company processes your details following the Data Protection law in the UK.

We commit to maintaining our privacy and protection of all data that has been collected by our brokers and loan services. We are allowed to share your information with credit reference agencies to use in credit decisions, debt collection, and fraud prevention purposes. When our processing notice changes we will place an updated version on our page. Review our page regularly so that you are aware of what new information we are collecting and how we will be using that information and under what circumstances if there would be any. 

Progressive Money – Bad credit loan

  • Loan Type Bad credit loans
  • Interest Rate from 61.91%
  • Loan Amount up to £15,000
  • Repayment 36 months

Benefits of Progressive Money

  • Get an obligation free quote
  • Apply online on a safe and secure platform
  • Unsecured loans for clients with a bad credit history

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.

Progressive money is committed to giving you the first-class service and delivering products you need.

We aim to resolve all the inquiries as quickly as possible.

We try everything we can to make our customers get the best services. Our business team will be happy to help with any inquiries and with any application presses.

A modern lending platform

With our new and improved platform, we can now provide you with an online map to visit us at our offices. You may also write to our head offices via snail mail. If you need to talk to our team you can give us a call on the numbers that we have provided. If any of these are difficult for you to do you can email us in the comfort of your home. For more insight into our company and would like to receive information and updates on our latest products and services, you can follow us on our social network channel Facebook and Google plus.

We are a trusted bad credit lender

Our value is to always be trusted by our clients, colleagues, brokers, regulators, and investors. We achieve this by giving great services and honesty, passion for ownership, and integrity. Our passion is employing the best people and treating them the best so that they may build in our business and the business is based on mutual trust and respect. We are dedicated to each person’s lives and ensuring the company’s core values demonstrate our companies’ behaviour and contribution. We create a fun and energetic environment to work in with the sole purpose to give our employees a stress-free environment so that they perform the best services and give accurate information to the clients.

man holding thumbs up

Progressive Money is a trusted & reliable provider of bad credit loans

In our review, Progressive Money 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.

Progressive Money is a registered credit provider in UK: FSA 690699

Customer Reviews & Testimonials

August 2019

Best platform I have worked with, so easy to use and no problems to understand the interest rates works.

Andea R
— Chelsea —

October 2019

I send out an enquiry and they responded almost immediately to my request. Fast service and friendly consultant.

Peter G
— London —

Progressive Money Contact

Physical Address

Opening Hours

  • Monday 09:00 – 20:00
  • Tuesday 09:00 – 20:00
  • Wednesday 09:00 – 20:00
  • Thursday 09:00 – 20:00
  • Friday 09:00 – 20:00
  • Saturday 09:00 – 20:00
  • Sunday – Closed