100% Recommend

Expertly compared by David Beard

Products Updated April 8, 2023

Warning: Late repayment can cause serious money problems. For help go to moneyadviceservice.org.uk.

Read our customer and visitor reviews for this product:

Rating: 4 / 5 with 2 votes


by Jon Delany

Easy to apply and application process. Had cash in the bank on the same day...!!!

Helpful and easy to use

by Pete Taylor

Found this easy to use and simple application process. Rates are high, but as you would expect from a payday lender!

Using a debt consolidation loan can help you consolidate all your outstanding debts into one single, more convenient personal loan, giving you one single monthly repayment to make and helping you pay off your debts in a more practical and cost effective way.


Lending Expert Works with Direct Lenders Only

At Lending Expert, we are proud to be working with direct lenders only – helping you get the best rates possible from trusted UK lenders.

With access to over 50 lenders across unsecured, secured and guarantor loans, we are in the perfect position to help you get the loan you need. Customers can apply to borrow £50 to £30,000 and can get started today by clicking on ‘check my eligibility’ or using our comparison table provided.

We are proud to offer a completely free service to our customers, helping them to access the best deals on the market. You can click on the direct lender that is best suited to your requirements and you will be taken to their website where you can apply, with no impact to your credit score.


What is a Direct Lender?

A direct lender is a single loan provider who processes your application from start to finish, including the underwriting and approval, funding of the loan and the repayments. Any future correspondence can be held directly with the lender and there are no other brokers, middlemen or other parties involved.

The products that benefit from direct lenders include payday loans, guarantor and unsecured loans.


Key Points

  • Direct lenders only
  • No fees for applying
  • No other brokers involved
  • Your data is secure
  • No third party messages
  • Borrow £100 to £30,000
  • No guarantors required
  • Bad credit considered
  • Same day funding available


Why Should I Apply with Direct Lenders?

In the world of online loans, there is a lot of choice and competition and this has led to lots of brokers trying to capture your business and attention. 

Unfortunately, this means that a lot of questionable companies are offering services as direct lenders but are actually trading as brokers, sometimes taking a fee for their service and passing on your details to multiple companies. Historically, this has led many Britons looking for loans to be bombarded with third party calls, messages and unwanted fees – and they are no closer to getting approved for a loan.

Therefore, by applying with direct lenders, you are keeping your data safe and working directly with the loan provider from start to finish, providing you with sound peace of mind.


Why Use Lending Expert to Apply with Direct Lenders? 

At Lending Expert, we are FCA authorised and hold a consumer credit license which validates our important services as a price comparison site and broker in the UK.

We are fully transparent in our product offering, acting as an online broker with no fees for applying, but the ability to connect you to over 50 direct lenders who are fully vetted, trusted and authorised with the FCA.

Your data will not be shared or passed onto any other companies without your permission and applying through our website will not impact your credit score in any way. 


How Do I Know If I am Applying with Direct Lenders?

A direct lender will be very clear stating the terms of their loans (i.e representative examples) and you should be able to see other key information on their website such as their address, FCA license number, phone number and other signals like reviews.

You can check the FCA register to see if a company is licensed and a lender, not a broker. Plus, you can check online forums and groups to see what other customers are saying about them. Lending Expert is proud to have an average of 4.8 based on over 200 reviews from Reviews.io.

Make sure you also take note of the small print and be cautious of language such as ‘panel of lenders’ and ‘guaranteed loans’ – since any approval will always be subject to status. 


Working with Direct Lenders is Important to Keep Your Information Secure

When you apply with direct lenders, you have good knowledge that your personal information is in safe hands and will not result in receiving lots of unwanted phone calls, text messages and emails.

There are certainly advantages to using brokers, since you can put out your loan requirements to multiple companies at once and get the best offer, rather than going to each lender one-by-one.

However, it is important to take a moment before putting your details into an online form and making sure that you are giving your information to a trustworthy site. You can always check the FCA register, terms and conditions and other things such as checking the site is secure (https) and any other reviews before applying for a loan online.


What Checks Are Carried Out by Direct Lenders?

A direct lender will carry out a series of checks prior to approving a short term loan or unsecured loan. This includes checking your basic details such as age, address and residence – and your application will usually undergo a credit check to see how well you have paid other recent financial obligations. 

Lenders will also typically carry out internal checks, such as affordability checks, and this will calculate your income and expenses against the amount that you have requested to borrow. With the right affordability checks, the lender should be able to determine the perfect amount that you can borrow and can afford to repay each month.


Can I Apply to a Direct Lender with Bad Credit? 

Yes, we work with direct lenders with bad credit considered – and our esteemed partners are willing to consider all kinds of credit histories, including loans with CCJs and IVAs.

We also offer direct lenders with no guarantors required, in case you do not have a guarantor and would like to apply for an unsecured loan or with a secured loan against your car or house.


How to Apply with Lending Expert

To apply with direct lenders from Lending Expert, you can use our comparison table provided to compare the different lenders, rates and terms offered.

Once you have chosen the right lender for you, simply click on the ‘apply’ button which will take you directly to the lender’s website, where you can apply. 

The average lender’s application takes around 5 minutes to complete and you will usually receive an instant decision on the screen.

If you have passed the lender’s checks and been approved, you can typically receive funds to your bank account within 1 hour or the same day of applying.


Yes. Our partners can issue same day loans assuming they have all the correct application information they need to make a quick lending decision. If you're a returning customer then your application for any further loan advances will be even quicker.

We work with direct lenders that can offer £50 to £2,500 for products ranging from 1 to 12 months. With secured products, you can borrow as much as £1 million or more.

Yes. We have lenders on the panel who will accept applicants with some history of bad credit. Some bad credit short term lenders will accept applicants who have missed payments in the past, have CCJ's or who are discharged bankrupts.

Yes. The lenders on our panel offer short term loans to those who are self employed, sole traders or company directors.

Yes, you will typically be required to provide proof of income either as an employee via PAYE or will need to provide documentary evidence if self employed, a company director or sole trader.

Yes. All the lenders on our panel will send your loan funds direct to your bank account via a bank transfer.

Related Links

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CCJ Loans

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