How our short term loans work

Short term loans with Mr Lender are designed to give you flexibility, and put you in control. The process is simple and we’re here to help you.

Here’s how it works…

How much do you want to borrow, and for how long?

Using our loan calculator you can select how much money you'd like to borrow (from £200 to £1,000*) and for how long (from up to three to six months).

You’ll be presented with a breakdown which shows how much each instalment will cost you, and the total that is due to be repaid. If you’re happy with the instalment amounts and the total repayable, click Apply Now.

* First time borrowing limited to £500

We’ll run our credit checks

After checking your details, credit history and running an affordability assessment, we will make a decision. Please note that this will be a provisional decision until we’ve verified all the information.

If your loan is approved, we will aim to transfer the funds to your account as soon as possible. This is usually within one hour.

Need to know more?

If you need more information, please refer to our Frequently Asked Questions page. If you can’t find what you’re looking for on that page, feel free to get in touch; you’ll find our contact details here.