Loans for 18 Year Olds
Anybody over 18 years can apply for a same day loan. Get an instant decision with no fees and no credit checks.^
Representative 49.7% APR. Warning: Late repayment can cause serious money problems. For help, please visit the Moneyhelper website.
Representative 49.7% APR
Representative Example: Rates from 43.1% APR to 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £1,200 borrowed for up to 75 days. Total amount repayable is: £1506. Interest charged is 0.34% per day, amounting to £306, annual interest rate of 124% (variable). Representative APR: 49.7% (variable).
Lendability is a credit broker and not a lender. High cost short term credit is unsuitable to support sustained borrowing over long periods and would be expensive as a means of longer term borrowing
Loans for 18 Year Olds from Lendability
If you are a least 18 years old then you will be eligible to apply for a payday loan with Lendability.
These loans are short-term loans that can be used to cover any emergency expenses that you may have.
They are also a great way to build up your credit score if you use them responsibly. Whilst some lenders may require you to be older than 18 years, we still have over 25 lenders that can help you with a loan if you are 18 years old.
One thing to note is that the interest rates on these loans are high, so it is important to only take out what you need and to repay the loan as soon as possible.
If you are not sure whether or not a payday loan is right for you, then it is best to go through our extensive article guide which can help you make the right decision.
You can apply now for a loan for 18 year olds by using our application form available here.
How it works
We have worked hard to make the loan application process as simple as possible to ensure you get your loan when you need it.
APPLY ONLINE
This application is 100% safe and secure, your data is encrypted. Applying with Lendability will not affect your credit score.^
CHECK OFFERS
Wait for your loan results and check the loan terms and conditions. You must ensure it is affordable before accepting any offer.
GET FUNDS
Once you have signed your loan documents and the lender has made their final checks, your loan will be sent to your bank account.
Loans for 18 Year Olds
I don't have any credit history, can I apply?
Yes you can, as long as you are over 18 and can afford to repay a loan you may apply. Our lenders specialise in helping those with little or bad credit.
Will I need to provide documents?
No, you will not be asked to provide any documents at this stage.
Do all lenders offer loans to 18 year olds?
There is a small handful of lenders that exclude 18 year olds but there are many that will offer loans.
How much could I borrow?
The lenders we work with offer loans up to £5000.
Ready to apply for a loan?
Guides & Articles
Take a look at a selection of our most popular guides and articles about personal finance and the loans that we offer.
^Lendability will not perform a credit check, lenders may complete a soft check when considering your application for a loan. If you accept a loan offer, the lender will perform a hard search which may be recorded on your credit report. Not all lenders are able to make same day payments and this may also depend on your bank.
Lendability does not charge its customers for using its credit broking services but we may receive a commission from lenders or other brokers if a customer accepts any credit related offer or enters a credit agreement through this website.
Lendability is a trading name of Warwick Financial Services Limited, a company registered in England and Wales with company number 09011092. Registered office: 4th Floor, 18 St Cross Street, London, EC1N 8UN. FCA Licence number 622839. ICO registration number ZA101793.