About 1Plus1Loans

1+1 Loans started their business in 2013, when they saw that borrowing was not always easy for people with poor credit ratings. They decided to offer loans that were not just based on someone’s credit score, but on a combination of creditworthiness, affordability, and the trust of a guarantor.

1 Plus 1 Loans solely offer guarantor loans, which means that you would need someone you trust, such as a friend or family member, to vouch for you, and agree to make repayments if you find yourself unable to repay. If your guarantor has a good credit history, you are generally more likely to be approved for a guarantor loan.

You can borrow between £1000 and £10,000 with 1+1 Loans, making repayments over 12 to 36 months. They have a Representative 47.8% APR (fixed), and aim to make the application process as straightforward as possible. Many customers receive their funds the same day they apply.

Last Updated: February 2023

Why Apply Through My Financial Broker?

• High Approval Rates: As we work with a large number of direct lenders, you’re bound to meet the lending requirements of a number of lenders, regardless of your credit history. As you’ll only be making one application with a lender, you’ll also only have one hard credit search on your credit report, which is less likely to impact your credit score than lots of loan applications in a short period of time.

• More Options: We compare lenders for you, making sure that you meet all the lending criteria, and then finding you the cheapest direct lender.

• Save Time: Rather than looking over multiple lenders’ websites and filling in endless loan applications, you can simply complete our short online application, and get an instant loan decision. You’ll then be redirected to the lender’s application, and if approved, you could have the funds in your bank in as little as an hour.