Self Employed Loans
Lenders generally charge higher interest on self employed loans because they are taking more of a risk, but there are deals on the market whereby the initial APR drops after a limited period as the lender becomes happy that you are able to make the regular repayments.
When applying for self employed loans, you will normally need to:
- declare your income
- provide a certificate from an accountant that shows your income will cover the repayments
- provide bank statements to show your gross income
If you have a mortgage, evidence of punctual repayments may help your case.
Compare Personal Loans
Finding a loan for your personal circumstances couldn’t be simpler.
We have partnered with Monevo who have created award winning technology to provide you with pre-approved* offers that are available to you in an easy to understand comparison.
By checking your eligibility you can simply choose the offer you want and complete your loan with your chosen lender
Personalised loan quotes in 2 minutes!
No impact on your credit score – FREE & no obligation – Quick online decision
Check your eligibility now »
Alternatively if you prefer contacting lenders directly see a selection of deals below.
Representative (£15,001-£25,000)
£1,000 to £25,000
Excellent Credit Only!
Representative (£1,500-£25,000)
£1,000 to £35,000
All credit profiles!
Representative Example: The Representative APR is 14.9% (variable).The Representative APR is If you borrow £90,000 over 4 years at a representative 14.9% APR and an annual interest rate of 14.9% (fixed) you would pay £245.80 per month. Total charge for credit will be £2,798.51. Total amount repayable is £11,789.51.
Representative (£2,000-£40,000)
£2,000 to £40,000
All credit profiles!
Representative Example: The Representative APR is 25.4% (variable). If you borrow £7,500 with no deposit over 4 years at an annual interest rate of 25.4% (fixed) you would pay £239.77 per month. Total charge for credit will be £4,008.96. Total amount repayable is £11,508.96.
Representative (£1,500-£12,500)
Representative Example:The Representative APR is 31.9%. Based on a loan amount of £5,000 over 48 months at an interest rate of 31.9% p.a. (fixed). Monthly repayment of £192.00. Total amount repayable £9,216.
Representative (£1,000-£20,000)
£1,000 to £15,000
Poor credit history
Representative Example:The Representative APR is 93.6%. Based on a loan amount of £3,000 over 24 months at an interest rate of 67.9% p.a. (fixed). Monthly repayment of £231.78. Total amount repayable £5,562.75.
*If a lender has pre-approved for a loan product this means they have conducted a soft search of your credit file and there is a good chance they will lend to you. Pre-approval does not guarantee you a loan. All loans are subject to lender and provider requirements and approval.