Likely Loans

Founded in 2014, Likely Loans aim to provide transparent and fair loans with no surprises. They offer short term loans of between £500 and £5,000, which can be repaid over one to five years.

Even if you have a poor credit history, you may still be able to take out a loan with Likely Loans. They take into account many factors when making a loan decision, not just your credit score.

In terms of interest rates, the Representative APR for Likely Loans is 59.9%, which is comparatively low, compared to many other short term loan providers. There is also the option to make your loan repayments early, which can save you money in interest, and Likely Loans don’t charge an early repayment fee.

Why Apply Through My Financial Broker?

• No Hidden Fees: When you apply with My Financial Broker, there are absolutely no hidden fees or charges. You can use our services for free!
• Soft Credit Checks: When you apply with most lenders, they will undertake full credit checks, but before you reach that stage, you can apply using a broker who won’t leave a footprint on your credit file. My Financial Broker only use soft credit checks, which will not affect your credit file or score.
• Time Saving: Comparing various lenders can take time - that’s why we build our platform, so we can do the hard work for you! We’ll use the details you provide to see which lenders you meet the basic criteria for, and try to put you in touch with a suitable loan provider.