No. At Salad, we don’t use your credit score to make lending decisions. Instead, we use Open Banking to assess your current financial situation.
THIS IS A TEST SITE NO LOANS WILL BE DISBURSED
Low Credit Score Loans
Looking for Low Credit Score Loans?
- FCA-Regulated & Authorised
- Available to Those With Low Credit Scores
- Quick Loan Approval
- Easy, Transparent Application Process
- No Credit Score Checks
- No Early Repayment Fees
- No Hidden Fees
- 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 Low Credit Score Loan
Concerned your less-than-perfect credit score will affect your chances of getting a loan? We’re here to tell you that having a low credit score shouldn’t mean you’re out of options when it comes to borrowing.
At Salad, we don’t believe your financial past should define your future. That’s why we offer low credit score loans that help hard-working people access the support they need without judgement.
Whilst most traditional lenders rely on outdated credit reports to make lending decisions, we do things differently to ensure no one is unfairly excluded.
Instead of checking your credit score, we use Open Banking to securely assess your real income and spending habits. This lets us understand your current financial situation to offer loans that are affordable and tailored to you.
Whether you’ve faced financial struggles in the past, missed payments, or simply haven’t built up much credit history, we’re here to provide a fairer alternative. Our online application process is quick and transparent with no hidden fees, no confusing terms, and no impact on your credit score just for applying with us.
If you're looking for a more inclusive way to get a loan with a low credit score, we’ve got you covered. Check your eligibility today.
What Are Low Credit Score Loans?
Low credit score loans are personal loans meant for people who may have a poor credit history or limited credit experience.
Traditional lenders often use credit scores to assess their risk of lending. However, this can unfairly exclude borrowers who have previously faced financial difficulties that may have resulted in missed or late payments, damaging their credit scores. That’s where our loans for people with low credit scores come in.
At Salad, we take a different approach - we don’t run hard credit score checks. Instead, we use Open Banking technology to securely review your real-time financial behaviour, such as how much you earn, spend, and save. This allows us to make fairer lending decisions based on your current circumstances, not your past.
Our loans are tailored to be transparent and accessible. You can check your eligibility and apply online in minutes, with no impact on your credit score. You’ll receive a fast decision, and if approved, funds are typically transferred within 4 hours.
Our low credit score loans offer a fresh start, supporting everyday people with affordable credit, even when traditional routes have closed their doors.
We’re committed to financial inclusion, which is why we provide borrowing options to all private and public sector employees, regardless of their credit scores.
How Our Low Credit Scores Loans Work
At Salad, we make borrowing easy, transparent, and fair, especially for people with low credit scores. Our process is designed to assess your real financial situation, not your past credit history, so you’re not penalised for circumstances beyond your control.
Eligibility Criteria
To get a loan with a low credit score, you need to:
- Be at least 18 years old.
- Be a UK resident.
- Hold a UK bank account.
- Be employed for at least six full months with your current employer.
- Be paid via PAYE (Pay As You Earn).
- Earn a minimum of £1,500 per month after tax.
- Be willing to share your financial data securely through Open Banking.
How To Apply for our Low Credit Scores Loans
Here’s how it works:
-
1) Check Your Eligibility and Apply Online
First, you’ll need to read through our eligibility criteria to find out if you qualify for our loans. If you’re eligible, you can complete the application process, which is 100% online and available anytime. You’ll need to provide personal details, such as your name, age, income source and employment status.
-
2) Securely Share Your Financial Data
We use Open Banking to get a read-only view of your income and spending. This helps us understand what you can truly afford, rather than relying on outdated credit checks. Your information is encrypted, secure, and regulated by the FCA.
-
3) Get a Fast Decision
Once we’ve reviewed your application, you’ll receive a quick lending decision, usually on the same day. We’ll provide the terms and conditions of the loan, so you know what to expect in terms of interest rates and repayment.
-
4) Receive Your Loan
If your loan application is approved, the money will be transferred directly to your bank account. Our customers receive their funds within 2 hours of approval.
-
5) Make Fixed Monthly Repayments
Repayments are taken via direct debit or VRP (Variable Recurring Payments) in manageable monthly instalments. There are no hidden fees, no unexpected interest hikes, just a clear, simple repayment plan.
We believe in lending that supports, not burdens, your financial well-being. That’s why our low credit score loans are built around transparency, affordability, and fairness from start to finish.
If you need emergency funds but have a low credit score, we may be able to help. Apply with Salad to get a loan with a low credit score today.
The Pros and Cons of Our Low Credit Score Loans
Our low credit score loans are designed to support people who may have been excluded by traditional lenders. However, like any financial product, it’s important to weigh the benefits and limitations.
Pros:
-
No Credit Score Checks: We don’t use your credit history to assess your application. Instead, we use Open Banking to understand your current financial situation - meaning we won’t judge you on your past financial mistakes.
-
Fast Application Process: You can check eligibility and apply for our loans in minutes with no impact on your credit score. If approved, funds are typically sent within 2 hours.
-
Fixed Repayments: You’ll know exactly how much you’re paying each month with no surprises and no hidden fees. There are also no early repayment charges.
-
FCA-Regulated and Transparent: We’re committed to responsible lending and protecting your financial well-being.
-
No Early Repayment Fees: Putting you in control if you want to start paying off your loan early.
Cons:
-
Limited Loan Amounts: We focus on smaller, short-term loans based on affordability. Our loan amounts range from £300 to £2,000, which may not suit you if you need a large amount.
-
Not Available to Self-Employed or Unemployed: Currently, our loans are only for those paid via PAYE. You should also have a monthly income of £1,500 or more and be with your current employer for at least 6 months.
-
Requires Open Banking Access:You need to be comfortable sharing your banking data securely for us to assess your application. This is done through the FCA-regulated Open Banking technology.
By understanding the pros and cons, you can make an informed decision that’s right for your financial situation. We’re here to support you without straining your budget.
FAQs About Our Low Credit Score Loans
No. Since we don’t conduct hard credit checks, applying will not impact your credit score.
Open Banking is a secure, FCA-regulated service that allows you to share your financial data with lenders. We use it to review your income and spending to make fairer decisions. Your data is read-only, encrypted, and protected.
Our loan amounts are typically between £300 and £2,000, depending on what’s affordable for you.
If approved, you’ll usually receive the funds within 2 hours.
Yes. You need to be employed and paid via PAYE to be eligible.
That’s okay. We focus on your current affordability, not your credit history. As long as you meet our criteria, you’ll be eligible for our loans.
Still have questions? Our team is happy to help. Reach out or start your application today to learn more.
Why Choose Salad for Your Low Credit Score Loan?
At Salad, we believe everyone deserves access to fair, affordable credit, regardless of their credit score. That’s why we offer an alternative to traditional lending that focuses on real-time affordability, not past financial mistakes.
We don’t use credit scores or hard checks for our lending decisions. Instead, we use Open Banking to get a secure, read-only view of your income and spending. This lets us make responsible, personalised lending decisions based on what you can actually afford, helping you borrow safely and confidently.
As a leading FCA-regulated UK direct lender, we’re committed to transparency and customer well-being. With our loans, there are no hidden fees, confusing terms, or misleading rates. Just clear, fixed repayments you can plan around.
Our online process is also fast and easy. Whether you’ve been declined elsewhere or are just looking for a lender that listens, we’re here to help.
Tens of thousands of people across the UK trust Salad for fair loans that make a real difference. If you’re ready for a more inclusive, judgment-free way to borrow, we’re ready to support you.
Latest from the blog
Salad are:
Also featured in:
