Warning: Late repayments can cause you serious money problems. For help, go to moneyadviceservice.org.uk

£100 Flexible Payday Loans

We understand that not everyone is looking to borrow large amounts, but it’s handy to have a little extra help when you receive an unexpected bill or your car breaks down - especially if there are a few weeks till payday. With a loan from My Financial Broker, you can borrow as little as £100.

£750.00

I'd Like to Borrow:

6 Months

Over:

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Representative APR

1212%APR

Representative Example: On an assumed loan amount of £750 over 12 months. Rate of interest 292% (fixed). Representative 171%APR. Total repayment amount £1351.20 and total interest is £601.20. 12 monthly payment of £112.60.*

* We do not know how many customers take out a loan or the APR, this calculation is based on the mean APR of the lenders we work with
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Why Might You Need a £100 Loan?

Unfortunately, there’s no way to account for the unexpected. Yet emergency expenses are something we all have to deal with at some point in our lives. Whether it's a sudden small home repair or covering a one-off bill, a £100 loan can tie you over until your next payday. 

Payday loans are a lot more flexible than traditional forms of credit. Typically banks and building societies don’t offer small loan amounts, meaning you may end up borrowing more than you need. With a little loan, you choose exactly how much you need.

What are the Benefits of a £100 Loan? 

Helps You Out of a Difficult Financial Spot 

No guarantor loans are a speedy source of cash when you're in a tight squeeze. Whether your car breaks down or your washing machine starts to play up, a short £100 loan can provide the money you need in a few hours.

It Can Help Boost Your Credit Score

A great way to boost your credit score is having a history of on-time payment. By keeping up with the loan repayment, you could start to see your credit score improving.

It Could Save You Money

If an unexpected expense leaves you without enough money until payday, unarranged overdraft fees and other charges can mount up quickly. By taking out a smaller £100 loan to cover the unexpected expense, you could reduce the amount you pay overall.

Can You Apply For a Loan of £100 With Bad Credit?

Even if you have a poor credit score, we can find you you a suitable lender who offers loans for bad credit to borrowers. 

You might have poor credit if you made a few late payments in the past, or missed a repayment. As your credit history stays on your credit file for 6 years, these negative marks could be due to things that happened years ago, but could still affect your chances of taking out credit. Having a ‘thin credit file’ can also result in having a poor score - this is when you don’t have much of a credit history, so lenders are unable to assess your creditworthiness. 

£100 Direct Lenders

At My Financial Broker, we'll find the most suitable direct lender to fund your loan. You can use our online loan calculator to calculate how much you’d be repaying, depending on how long you’re looking to borrow the funds for. Interest is usually applied at 0.8% per day, so if you borrow £100, the interest would be 80 pence a day.

We work with a number of direct lenders who lend small amounts of money to those in need.

If you’re contemplating applying for a cash loan, it’s important to consider whether borrowing is the most suitable option. If you’re able to save for what you need, this is likely to be a better option as it’ll be interest-free. We don’t recommend borrowing credit to repay existing credit with other loan lenders as this can lead to serious money problems, lowering your credit score and a debt spiral. If you require help managing your debts, you can contact Step Change for free independent advice. 

How to Apply for a £100 Loan

In order to be eligible for a £100 loan you must:

As long as you meet the eligibility criteria, you can apply for loan at My Financial Broker, simply complete our one page application form with a few details about yourself. Once this is submitted we’ll quickly get you accepted to apply with a direct lender.

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