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Short Term Loans

Short Term Loans (2026)

Written by Paul — Independent Finance Expert

Looking for a short term loan? Compare lenders' terms in one place and find the best deal for you.

✓We have selected the best short term loans available
✓Interest from 49.9%, amounts up to £8,000
✓Compare lenders and save hundreds of pounds

Find your loan

How much do you want to borrow?

£1,000
£100£8,000

Since 2024, Nudge Finance has helped thousands of people make better financial decisions.

Compare Lenders

Lenders that meet our standards. One search.

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★ BEST RATE
118118 Money
118118 Money
Short-term loan⚡ 2–24 hours
Nudge Score
9
Rep APR
49.9%
Loan Range
£1,000–£8,000
Term
1–5 years
Bad Credit
✓ Accepted
Read our review →Apply now →
Representative example: Borrow £1,000 over 18 months. Rep APR 49.9%. Monthly repayment £68. Total repayable £1,224.
Drafty
Drafty
Short-term loan⚡ Minutes
Nudge Score
8
Rep APR
79.9%
Loan Range
£50–£3,000
Term
1–3 years
Bad Credit
✓ Accepted
Read our review →Apply now →
Representative example: Borrow £500 over 12 months. Rep APR 79.9%. Monthly repayment £53. Total repayable £636.
Creditspring
Creditspring
Short-term loan⚡ Same day
Nudge Score
8
Rep APR
83.1%
Loan Range
£400–£2,400
Term
6–12 months
Bad Credit
✓ Accepted
Read our review →Apply now →
Representative example: Borrow £500 over 12 months. Rep APR 83.1%. Monthly repayment £55. Total repayable £660.
Cashfloat
Cashfloat
Short-term loan⚡ Same day
Nudge Score
6
Rep APR
611.7%
Loan Range
£300–£1,500
Term
3–9 months
Bad Credit
✓ Accepted
Read our review →Apply now →
Representative example: Borrow £400 over 6 months. Rep APR 611.7%. Monthly repayment £105. Total repayable £630.
Money Platform
Money Platform
Short-term loan⚡ Instant
Nudge Score
6
Rep APR
839.2%
Loan Range
£250–£1,000
Term
3–6 months
Bad Credit
✓ Accepted
Read our review →Apply now →
Representative example: Borrow £300 over 3 months. Rep APR 839.2%. Monthly repayment £145. Total repayable £435.
Lending Stream
Lending Stream
Short-term loan⚡ 90 seconds
Nudge Score
5
Rep APR
1,271%
Loan Range
£50–£1,500
Term
4–6 months
Bad Credit
✓ Accepted
Read our review →Apply now →
Representative example: Borrow £300 over 6 months. Rep APR 1271%. Monthly repayment £107. Total repayable £642.
Moneyboat
Moneyboat
Short-term loan⚡ Same day
Nudge Score
5
Rep APR
1,267%
Loan Range
£200–£1,500
Term
3–6 months
Bad Credit
✓ Accepted
Read our review →Apply now →
Representative example: Borrow £400 over 6 months. Rep APR 1267%. Monthly repayment £143. Total repayable £858.
QuidMarket
QuidMarket
Short-term loan⚡ Same day
Nudge Score
4
Rep APR
1,299%
Loan Range
£300–£1,500
Term
3–12 months
Bad Credit
✓ Accepted
Read our review →Apply now →
Representative example: Borrow £500 over 6 months. Rep APR 1299%. Monthly repayment £182. Total repayable £1,092.

Independent loan comparison. Rates shown are representative; your actual rate depends on circumstances.

What is a short term loan?

A short term loan is a type of unsecured credit designed to be repaid over a shorter period — typically between one month and three years. They're used for everything from unexpected bills and car repairs to bridging a gap before payday.

Unlike longer-term personal loans, short term loans tend to have faster decisions — often within minutes — and can be transferred to your bank account the same day. The trade-off is typically a higher APR.

All lenders in our comparison are FCA-regulated, meaning they must adhere to responsible lending standards, conduct affordability checks, and treat customers fairly.

Guarantor Loans →Instalment Loans →Bad Credit No Guarantor →

How it works

Three steps to your loan

1

Compare lenders

Browse our table of lenders. Sort by Nudge Score, APR, or payout speed.

2

Apply directly

Click "Apply now" and complete your application on the lender's website. Most decisions take under 5 minutes.

3

Receive your money

If approved, funds are transferred directly to your bank account — often the same day.

Ready to compare?

Top lenders reviewed. One free search. Always free, no obligation.

Compare short term loans →

FAQs

Frequently asked questions

What is the difference between a short term loan and a payday loan?
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How much can I borrow with a short term loan?
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Can I get a short term loan with bad credit?
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How quickly will I receive the money?
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What happens if I cannot repay my short term loan?
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