118 118 Money is a UK financial services company offering personal loans and credit cards to borrowers with poor to fair credit histories. Named after the well-known directory enquiries brand, it operates as a direct lender and is authorised and regulated by the Financial Conduct Authority. 118 118 Money at a Glance 2026
Source: 118 118 Money website, April 2026. Representative APR and loan amounts are indicative — always verify the current rates directly at 118118money.com before applying as rates may have changed. 118 118 Money Pros and Cons
118 118 Money vs Alternatives
APR figures are representative rates as of April 2026. Always compare current rates directly with each provider before applying. Our Verdict 118 118 Money is a legitimate FCA-authorised lender offering both personal loans and credit cards for borrowers with poor credit. The representative APR is high, as expected for this market segment. If you have poor credit and need up to £5,000, it is worth checking your eligibility — but always compare with Finio/OakbrookAdvance (39.9% rep APR) and Bamboo (49.7% rep APR) before deciding. Use soft eligibility checkers first to avoid multiple hard credit searches. Frequently Asked QuestionsWhat is 118 118 Money? 118 118 Money is a UK direct lender authorised and regulated by the Financial Conduct Authority. It offers personal loans and credit cards to borrowers with poor to fair credit. It is named after the 118 118 directory enquiries brand but operates as a separate financial services business. What APR does 118 118 Money charge? 118 118 Money typically charges a representative APR of around 49.9% on personal loans. The exact rate you are offered will depend on your credit profile and circumstances. Always verify the current rate directly at 118118money.com before applying. Can I get a 118 118 loan with bad credit? 118 118 Money specifically targets borrowers with poor to fair credit. They consider applications from people who may have been declined by mainstream lenders. However, they will only approve loans they assess as affordable, and your credit history and income will still be assessed. Is 118 118 Money safe? Yes — 118 118 Money is authorised and regulated by the Financial Conduct Authority, making it a legitimate and regulated lender. Always verify any lender on the FCA register at register.fca.org.uk before applying. This article is for informational purposes only and does not constitute financial advice. Always verify rates and eligibility directly with the provider before applying. Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk |
Related Guides
- → Best Bad Credit Loans UK 2026
- → Bamboo Loans Review UK 2026
- → Finio Loans Review (Now OakbrookAdvance)
- → Credit Cards for Bad Credit UK 2026
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