Loan Funded By*:

Welcome to, we can help you borrow £100 - £2,000 from 2 - 12 months.

Loans for 2 - 12 months.

Short, simple and fast application process.

Decisions in minutes.

How much you need today?

When can you repay this loan?

1 Months

Funded by*: 13:08

Borrowing: £1000

Representative APR: 669.35%

Repayment By: 5.1.2016

Interest: £58.68

Total Repayment: £1058.68

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Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 2 months. Maximum Loan Length is 12 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable). We are a free licensed credit broker, not a lender.

Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 2 months. Maximum Loan Length is 12 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).

12 Month Payday Loans

UK payday loans for the most pressing cash requirements

Millions of UK residents rely on monthly income or wages to keep themselves and their families going. If you happen to be one of them, you would know how difficult a job it is to keep up with the ever-increasing costs of living, not to mention the inflation.

So, it doesn’t really come as a surprise that most people have to routinely brave a variety of financial difficulties. Add to this sudden and urgent expenses and you can already see that the whole paycheque-to-paycheque lifestyle needs just a push to go off-balance, and not a shove.

This is when a 12-month loan can be useful

  • When you need between £100 to £2,000.
  • When you can afford multiple repayments over a long term.
  • When you have a good track record of successful money management.

Very Merry Loans - Simplifying payday loans

Payday loans have become increasingly popular over the past few years. Unlike regular 12-month loans (or other long termed loans) from banks or credit unions that are quite difficult to get, payday loans are small sized, short termed and easily accessible.

At Very Merry Loans, we help you get quotes for such small loans from direct lenders and 1 - 12 month loans. Here are some prominent features of the payday loans we broker for you at Very Merry Loans:

  • Small sized – from £100 to £2,000,
  • Short term – You are required to repay the loan within 1 to 12 months.
  • Instant – Unlike bank loans, you can access the money on the very same day of submitting an application.
  • From responsible lenders – We do not contact unlicensed lenders to provide you a quote.
  • Easy to apply – To apply for a payday loan, you can head to this page and follow the simple instructions. You will get quotes from various direct lenders in no time. No need to splurge money or time on local loan shops – get everything done online, right from your home. We’re open to receive applications 24 hours a day and 7 days a week.
  • No broker fees – Unlike most payday loan brokers out there, Very Merry Loans is an FCA licensed broker and all of our loan brokerage services are absolutely free of charge.

Common payday loans vs 12-month loans

It has become customary these days – and not without solid reasons – to use the term ‘payday loans’ interchangeably with a number of other loan products like unsecured loans, short term loans or small loans. If you are looking to get quotes for various 12-month loans that direct lenders offer, you may want to know how these fare against the common payday loans that we broker here at Very Merry Loans.

  • Interest rates

  • It’s easy to understand that 12-month loans carry cheaper interest rates than typical short term payday loans. This is simply because medium term loans like 12-month loans are relatively less-risk prepositions for lenders.

  • Instalment factor

  • Very Merry Loans, as noted in the previous section, helps make available small loans that you are expected to pay on or before your next payday. This means that loans we help you secure are usually to be settled in a single go.

    12-month loans, on the contrary, can be safely classified as instalment loans with 12 or more instalments being available for repayment.

  • Loan size

  • Loans we help you get here at Very Merry Loans are small sized (£2,000 or less). Typical 12-month loans, however, can be quite larger in size than this.

  • Ease of access

  • Again, quite predictably, 12-month loans are harder to get as lenders accept applications only from those applicants who have a sound credit history. Payday loans we broker, in contrast, are quite easy to apply for successfully – even when you are on bad credit.

  • Immediate availability

  • 12-month loans typically require deeper credit checks and internal assessment on a lender’s part. This implies that it takes longer for such loans to be granted and delivered.

    Short term payday loans, however, are processed readily and delivered to your bank account on the same day.

  • Security

  • Without an exception, all payday loans are unsecured, requiring you to pledge no asset (your house or your car, for example).

    Some of the 12-month loans, on the other hand, require applicants to provide some sort of collateral to secure the loan.

Very Merry Example

Loan Amount: £250
Loan Term: 30 days
Interest: £60
Total Repayable: £310 Apply

Representative APR: 669.35%. (variable)
Warning: Late repayment can cause you serious money problems. For help, go to