Rating based on 39 reviews

Progressive Money

Updated

  • Low-interest starting from 61.91%
  • Loans Bad Credit up to £15,000

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Progressive Money homepage

Author Progressive Money. Screenshot of Progressive Money website. [Accessed May 17, 2020]

About Progressive Money

Progressive Money Limited is a direct lender and licensed credit broker that is authorised and regulated by the Financial Conduct Authority and registered with the Information Commissioners Office.

Loan calculator

To make things easier for you, we have provided you with a convenient loan calculator can be used as a guide. It gives an example of representative monthly repayments and total repayable amounts when a loan amount and term is chosen. You will have an upfront idea of what your loan will entitle.

Do you have a less than perfect credit rating?

At Progressive Money we believe everyone deserves the finances they require. Therefore, as our name suggests we have a new, current, bright, and progressive approach to lending.

We look at more than just a credit rating

Automated credit checks and credit scores is not all we look at to determine the outcome of your loan application. We want to see you succeed and get the financing you require. Thus, our expert and friendly staff speak directly to you and look at your current financial situation.

The best borrowing solution for you should be tailored to your affordability, and that is what we guarantee our clients.

Progressive Money Services

Our bad credit loans are designed to allow people with a poor credit history to apply for a personal loan.

It is one of our specialty services and even if you have been rejected by previous lenders, we are able to assist you.

This is made possible by the method we employ when it comes to lending; giving everyone a fair chance at getting the finances they require.

Use your loan for any purpose

Are you looking at consolidating debt, undertaking some home improvements or to purchase a new vehicle? We offer homeowners a Progressive Money personal loan can make it more affordable when applying for a bad credit loan.

The benefits of our loans

Tailored loans
Our committed UK based personal account managers will assist you throughout the entire application process.

Flexible
All our customers deserve flexible lending terms, which could be spread across one to 10 year repayment terms.

Any purpose-loan
You have the freedom to spend your approved loan amount as you wish. It gives you the flexibility you want.

Progressive Money Product Details

  • Loan Type Loans Bad Credit
  • Interest Rate from 61.91%
  • Loan Amount up to £15,000

Summary of Services

It is easy to apply for a bad credit loan with Progressive Money

We offer our clients convenient options to apply for a loan to ensure we cater for the preference of all our customers.

Online loan application

Applying for a loan is as easy as visiting our website and applying online. The application form will include all the information we need to offer you the best suited loan available.

Speak to one of our account managers. Alternatively, you can contact us directly. One of our friendly account managers will be more than happy to assist you with any questions or queries.

Required information

The basic information we require includes proof of identification, proof of income, bank statements and proof that you are a homeowner. However, we do believe each loan application is different and thus the required information will depend on the type of loan you apply for.

Unsecured loans

Unsecured loans allow you to apply for a loan without having to secure the loan against your property or assets.

Poor credit rating

As a specialist direct lender, this allows us to provide loans beyond criteria such as poor credit ratings and scores. At Progressive Money we look at a range of criteria to find a lending solution regardless of your credit rating or history.

Making repayments

Repayments are made by direct debit from your bank account.

How will the loan amount be paid over?

The loan amount will be paid into your bank account.

Fixed interest rates

Our loans are at a fixed interest rate.

Customer Reviews & Testimonials

An honest lender that is transparent with all costs and fees that may apply to your loan.

Corvin F
— Stamford —

Consultants I spoke to were very well informed and eager to help. My loan application was smooth and pain-free.

Paris T
— Dundee —

Progressive Money Contact Details

Physical Address

Opening Hours

  • Monday 09:00 – 20:00
  • Tuesday 09:00 – 20:00
  • Wednesday 09:00 – 20:00
  • Thursday 09:00 – 20:00
  • Friday 09:00 – 17:00
  • Saturday 09:00 – 13:00
  • Sunday – Closed