Small Personal Loans. Your Unsecured Loan Today!

Small personal loans are a great way of borrowing! When you aren’t immediately in the financial position to afford something you need but can budget to repay the amount over the next few months - these loans are a good choice! Commonly known as low-interest loans these are tailor-made to your needs and requirements and put the financial power back in your hands.
12M Loans unsecured personal loans are for everyone! Keep reading to get the best loan - you can even apply regardless of your credit history.

Fast Requests Processing
Our dedicated application team processes loans requests around the clock to get an immediate approval decision!
Quick Loans Funding
Get the money into your bank account as soon as the loan application is approved!
Secure Application
All of your data is held securely with the express purpose of processing your loan application!
Professional Support
Our customer service team are always happy to discuss any loan questions with you! Contact us now!
Flexible Credit Score
12M Loans realize no one has perfect credit, and work with people that have bad or no credit history!

Types of Small Personal Loans

There are two types of loan available, and 12M Loans deals in unsecured personal loans.

Secured Personal Loans

These loans are secured by an asset, usually a property (known as a mortgage) or an automobile. If someone defaults on a secured loan, the creditor can call in the debt by repossessing the asset.

Unsecured Personal Loan

Affordable personal loans that don't require collateral. A lender can’t automatically take your property or asset in the event of a default to recover the loan sum.

Good News! It is important to know your credit rating when applying for loans. Some clients have no credit, poor credit or bad credit history; we can help everyone!

There are many types of loans or ways of getting extra money. Some are more suitable than others and it is important to check which type of financing best suits you. In some cases, a certain way of financing might not be the solution so consider carefully all options available to you.

Credit Cards
Payday or Installment Loans
Banking Overdraft
Cash Advances from Employer
Family and Friends
Credit cards, especially for a low credit score, can have high APR up to 50% or even more! Be wary of using one. Even so, lots of borrowers with less than excellent credit history might be declined for a credit card. Banks don't forgive financial mistakes.
These tend to be inflexible and have a high APR ranging from 200% to 500%. Such short-term loans should be used in case of emergency, and never for large or long-term purchases that result in an extended loan period.
You will need to check with your bank or credit union whether this option is available and be aware of any overdraft fees.
Some people feel uncomfortable asking their employer for an advance on pay, and some employers don’t have this facility.
This can be an option, but not the best one. Have you ever thought about what may happen if you can't pay back the money you borrowed? It's very easy to lose good relations with the most important people in your life.

Of course, each of the above have their own merits and it is important to realize which suits you. Be careful when applying for credit cards and payday loans as they often advertise headline rates and upon completion of application will give you a far less attractive rate.

Before You Take Your Personal Loan

Here are 5 things to do before you apply for a personal loan.

1 Ensure you have the funds going forward to repay the loan. Repaying loans keeps your creditors happy and may improve your credit history allowing you to borrow more in future.

2 Make sure you need a personal loan. Sometimes we have small pots of money set aside for emergencies, check these are exhausted before borrowing.

3 Know what you are going to do with the money, don’t simply take a personal loan because you can. These should be a clearly defined reason. Irresponsible borrowing leads to endless debt!

4 Check your credit score by ordering a credit report. Some lenders will run a hard credit check you to give you a loan. Too many hard inquiries will have a negative impact on your credit score. Make this your only loan application and you needn’t worry about this.

5 Read the terms and conditions and ensure you are happy with the loan agreement before signing. Each lending company provides loans for a different loan term and rate.

How to Use Your Personal Loan

A personal loan can be used in any number of circumstances. Maybe, your vehicle needs maintenance or the kitchen needs a fabulous makeover. Debt consolidation, medical expenses, credit cards payoff, home improvement or any other purchases - a small personal loan is a great financial solution for such expenses. Once the money is in your account it is entirely up to you on how you spend or allocate your funds.

How to Apply for a Small Personal Loan?

Our application process is automated and streamlined to enable a fast turnaround on your loan application. The only delay now is the valuable minutes you are using by not completing the form.
Simply;

  • Complete the application form
  • Get an instant loan decision
  • Read and sign the loan agreement
  • Receive your loan funds

All of our loan applications are treated in the utmost good faith and confidence. We have a network of nationwide lenders with the lowest competitive rates. 12M Loans only work with regulated and authorized lenders and make sure that they treat you in a fair and transparent manner. All of our loans meet strict compliance measures and we are very proud of the service we provide to our valued customers. Borrowers with any type of credit history may apply in minutes!


Small Personal Loans! Money For a Long Term!


Financial Implications
Residents of some states may not be eligible for long-term personal loans. 12M Loans does not make any credit decisions and does not guarantee any loan approval. Participating lenders may perform soft credit checks typically through alternative providers to determine creditworthiness and your ability to repay the loan. A personal loan is a low-interest long-term financial product. Late or missing payments, as well as non-payment, may result in extra fees or collection activities! Each direct lender has their own terms and conditions. Loan extension may not be available; please check lender’s renewal policy first.