Yes. Salad doesn’t use traditional credit scores when assessing your application. We focus on what you can afford right now using Open Banking, meaning you could be eligible.
THIS IS A TEST SITE NO LOANS WILL BE DISBURSED
400 Credit Score Loans
Looking for 400 Credit Score Loans?
- FCA-Regulated & Authorised
- Available to People With Low Credit Scores
- Simple Application Process
- No Hidden Fees
- Quick Loan Approval
- No Credit Score Checks
- Free Early Repayment Options
- Friendly, Reliable Support Team
Representative Example
Borrowing
Total repayable
Over
Representative
APR
Monthly repayment
Interest Rate
p.a. (fixed)
Representative
APR
Interest Rate
PA
Total repayable
What People Say About Us
Reasons To Choose a 400 Credit Score Loan
Are you having trouble finding a fair borrowing option with your 400 credit score? We’re here to help.
At Salad, we believe your past shouldn’t define your financial future. If you’ve been turned down by traditional lenders because of a low credit score, especially one around or under 400, you’re not alone.
Many people fall into financial difficulty due to circumstances beyond their control. What matters now is your current situation, not what’s in your credit history.
That’s why we offer affordable, transparent loans that don’t rely on your credit score. Instead of judging you by a number, we use Open Banking to get a fair, secure view of what you can afford.
If you’re employed in the UK, paid via PAYE, and can afford manageable repayments, we may be able to help. Our 400 credit score loans are designed to offer breathing room when you need it most, without stress, hidden fees, or judgement.
Everyone deserves a chance at fair borrowing. If you’re eligible, you can apply for a 400 credit score personal loan from a direct lender like Salad.
What Are 400 Credit Score Loans?
Our 400 credit score loans are financial products designed for people with low credit scores, typically those who have experienced financial difficulties, in the past.
A score around 400 is considered “very poor” by traditional lenders, making it difficult to access mainstream credit options. However, we take a different approach.
At Salad, we don’t rely on your credit score to make our credit assessment. Instead, we assess your current financial situation using Open Banking technology. This gives us a real-time view of your income and spending habits, allowing us to make fair, informed lending decisions based on your affordability, not your past mistakes.
These loans are typically small, short-term amounts meant to help cover urgent expenses like car repairs, unexpected bills, or essential purchases. With fixed repayments and no hidden fees, our personal loans for 400 credit scores offer a more inclusive way to access credit when other doors have been closed.
Why We Offer Loans for Very Low Credit Scores
At Salad, we understand that a low credit score doesn’t always reflect your current financial reality. Many people have a score around or under 400 due to past challenges, such as missed payments, unexpected emergencies, or simply not having had the chance to build a credit history. That’s why we believe in looking forward, not back.
Traditional lenders often reject applicants based solely on their credit score, but we don’t. Using Open Banking, we assess your real financial situation - how much you earn, spend, and save - giving us a fuller, fairer picture of your ability to repay a loan.
We offer low credit score loans to help working people access the credit they need without judgment. Whether you need it for covering essentials or dealing with an emergency, our emergency loans for 400 credit scores are clear, affordable, and can support you as you try to regain stability.
If you urgently need a 400 credit score personal loan from a direct lender, explore our options today.
How Our Personal Loans for a 400 Credit Score Work
At Salad, we’ve simplified the borrowing process to make it accessible, even if your credit score is as low as 400.
Eligibility Criteria
To apply for our loans for a 400 credit score, you need to:
- Be at least 18 years old.
- Be a UK resident.
- Have a UK bank account.
- Be employed by your current company for at least 6 months.
- Earn a minimum monthly income of at least £1,500 after taxes.
- Receive your salary through PAYE (Pay As You Earn).
- Be willing to share your financial data securely via Open Banking.
If you meet these criteria, you could be eligible for a loan even with a credit score of 400 or under.
How To Apply for our 400 Credit Score Loans
Here’s how it works:
-
1) Apply Online
You’ll need to fill out a quick, straightforward application on our website. It takes just a few minutes and won’t affect your credit score.
-
2) Share Your Financial Data
Traditional credit checks aren’t part of our decision-making. With your permission, we’ll use Open Banking to view your recent income and spending habits. This gives us a fair, up-to-date picture of what you can afford.
-
3) Get a Fast Decision
Our team will review your application, usually within the same day. If approved, you’ll receive a clear loan offer with fixed repayments and no hidden fees.
-
4) Receive Your Funds
Once you accept the terms, the money is transferred quickly into your account, usually within 2 hours.
-
5) Easy Repayment
Our personal loans for 400 credit scores are manageable, with repayment plans tailored to your budget. No confusing jargon. No judgment. Just honest, affordable credit when you need it most.
With Salad, your low credit score doesn’t have to stand in the way of accessing finance. Apply for our loans for a 400 credit score today.
Pros and Cons of Our Emergency Loans for 400 Credit Scores
Our loans for people with a 400 credit score can be a valuable lifeline, but like any financial product, they come with pros and cons.
Pros:
-
No Traditional Credit Checks: MWe don’t judge you on your credit score. Our lending decisions are based on Open Banking data, helping us understand your financial position now.
-
Accessible and Inclusive: Even people often turned away by mainstream lenders can apply for 400 credit score personal loans from Salad, with clear terms with no hidden fees or charges.
Cons:
-
Limited Amounts: We offer smaller loans to help manage risk and affordability. Our 400 credit score loan amounts range from £300 to £2,000.
-
Open Banking Required: You’ll need to share read-only access to your bank data. It’s an essential step in our process, as we don’t check credit scores.
Overall, we offer fair, responsible lending, giving people with low credit scores access to funds without falling into unmanageable debt.
FAQs About Our 400 Credit Score Loans
Yes. You need to be employed and paid through PAYE to qualify for a loan with us.
No. We don’t run hard credit checks, so applying won’t impact your score.
Absolutely. Open Banking gives us secure, read-only access to your bank data. We use this to assess your affordability fairly and transparently.
Our 400 credit score loans are built to support, not penalise. If you have more questions, contact our friendly support team.
Why Choose Salad for 400 Credit Score Loans?
At Salad, we believe a low credit score shouldn’t stop you from getting fair and affordable credit. Unlike traditional lenders, we don’t rely on your credit score to make decisions. Instead, we use Open Banking to assess your real financial situation, giving you a better chance at approval, even with a score as low as 400.
We’re transparent, ethical, and committed to responsible lending. That means no hidden fees, no confusing terms, and no judgement - just clear, fixed repayments that fit your budget. Our application process is also simple, secure, and fully online, so you can apply with confidence whenever you need extra support.
We’re here to help hardworking people access credit based on what they can afford now, not what’s in their past. If you're looking for a 400 credit score personal loan from a direct lender that treats you fairly, you're in the right place.
Read our criteria and apply today if you qualify.
Latest from the blog
Salad are:
Also featured in:
