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Bad Credit Loans
Borrow £3,000 - £25,000 with no risk of reposession | UK Direct lender.
Authorised and regulated by the Financial Conduct Authority (FCA).
- Direct lender
- Loans not secured against your home
- Authorised and regulated by the FCA
We use a soft search to check your eligibility, so your credit score won't be affected. Norwich Trust is a direct lender offering unsecured loans that don't use your home as security. A £299 lender fee is included in your quote and will be paid as part of your monthly repayment.
Loan calculator
£14,000
Min: £3,000Max: £25,000
60 months
36 months120 months
Monthly repayment
£0.00
Representative APR
29.9% APR
Total repayable
£0.00
Total includes lender fee
Already a customer? Check your eligibility for additional funds.
Already a customer? Check your eligibility for additional funds.
We use a soft search to check your eligibility, so your credit score won't be affected. Norwich Trust is a direct lender offering unsecured loans that don't use your home as security. A £299 lender fee is included in your quote and will be paid as part of your monthly repayment.
Bad Credit Loans
Every application is reviewed based on personal circumstances.
Fixed monthly payment
One monthly payment to help you budget.
Flexible terms
Choose a loan term between 3 and 10 years.
A direct lender you can trust
We're a UK direct lender, based in Norwich, Norfolk.
3 steps to applying for a bad credit loan
Review
Our underwriters will review your application, usually within a working day.
Receive Funds
If your application is approved, funds will be released within a working day.
Bad Credit Loan Criteria
See If You Qualify- Aged 21-70 (under 71 at the end of the loan term).
- You must have been a UK resident for at least the last 2 years.
- You'll need a monthly income after tax of at least £1,300 (or £1,800 if you're under 30 years of age).
- Be the owner of a residential property in the UK.
Is this right for me? - A Norwich Trust loan may be suitable if you are a UK homeowner looking for an unsecured fixed-rate loan and can afford the monthly repayments for the full term. It may not be suitable if you are struggling with essential bills, already missing repayments, or if extending borrowing would increase the total cost of credit in a way that is not affordable to you.
Who are Norwich Trust?
We are a trusted UK direct lender based in Norwich, Norfolk, who provide unsecured homeowner loans. We help homeowners across the UK access affordable finance without securing the loan against their property. Norwich Trust was incorporated in 2020 and we began lending under the Norwich Trust brand in 2024. As part of the Norfolk Capital Group, we benefit from more than 30 years of experience supporting people who may have been declined by high street lenders or have less-than-perfect credit.
Whether you're looking to consolidate existing debts into one manageable monthly payment, fund a home improvement project, cover unexpected expenses, or achieve other financial goals, our experienced team is committed to finding a solution that works for your circumstances and we aim to get a decision to you within a working day.
Our mission is to make unsecured homeowner loans accessible to those who need them most, helping customers across the UK move forward with confidence, even when traditional lenders have said no.
See why we are trusted by homeowners across the UK
Norwich Trust makes borrowing clear, straightforward, and secure. Read reviews from our verified customers.
Any Questions?
Can I get a bad credit loan if I have CCJ's, defaults, or missed payments?
Yes. Norwich Trust reviews each application individually, so past credit issues such as CCJs, defaults, or missed payments do not automatically prevent approval.
How much can I borrow wiht a bad credit loan?
Norwich Trust offers bad credit loans from £3,000 to £25,000, subject to affordability and eligibility requirements. The amount you may be able to borrow will depend on your individual circumstances, including your income, existing financial commitments and overall affordability.
What interest rates are available for bad credit loans?
Our interest rates range from 25.9% to 29.9% APR and are fixed for the whole of the loan term. The APR is based on the loan amount, so what you see is what you get.
How long can I get a bad credit loan for?
Norwich Trust offers loan repayment terms ranging from 3 to 10 years, depending on the amount you borrow and your individual circumstances. A longer repayment term can help reduce your monthly repayments by spreading the cost of borrowing over a longer period. However, borrowing over a longer term may increase the total amount repayable as interest is charged for longer. All applications are subject to affordability and eligibility requirements.
Can I consolidate my debts with a bad credit loan?
Yes. A bad credit loan can combine multiple debts into a single monthly repayment, making it easier to manage your finances. Debt consolidation may also help reduce overall interest costs if you qualify for a lower rate.
Can I apply for a bad creditloan if I've been bankrupt or in an IVA?
We cannot offer loans to borrowers who are currently bankrupt or have been declared bankrupt in the past 3 years. Loans are also not available to anyone currently in, or who has been part of, an IVA, DMP, or Trust Deed within the last 12 months.
Can I repay my bad credit loan early or make overpayments?
Yes. You can repay your loan in full at any time. However, there will be an early settlement fee which is usually around 2 months interest. Norwich Trust also allows customers to make up to three times their monthly instalment in overpayments each month.
Will applying for a bad credit loan affect my credit score?
We do a soft credit search when we check your eligibility which won't affect your credit score and won't appear if other firms do a credit search. If your loan is approved, the search will become a "hard search", at which point it will appear on your credit file and may affect your credit score.
Check my Eligibility
Still have questions? Our UK-based support team is here to help on 01603 801910.