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TL;DR
Loans by MAL Review for May 2026. Established FCA-authorised bad-credit lenders in the UK include Bamboo Loans (up to £15,000, 49.7% rep APR), Finio/OakbrookAdvance (up to £5,000, 39.9% rep APR), and 118 118. Verified against FCA, HMRC and Bank of England primary sources. |
Loans by MAL is a UK personal loan provider targeting borrowers with poor credit. MAL stands for Mutual Acceptance Lending. The company positions itself as a lender willing to consider applications that have been declined by mainstream lenders. As with all UK consumer credit lenders, you should verify that any lender is on the FCA Financial Services Register at register.fca.org.uk before applying or providing personal information. Loans by MAL — Key Facts
Important: Always verify any lender on the FCA Financial Services Register at register.fca.org.uk before applying. This review is for informational purposes only — rates and terms should be verified directly with the lender. Loans by MAL vs Established AlternativesBefore applying with Loans by MAL, it is worth comparing with more established bad-credit lenders where independent data on rates and track record is more readily available:
Our Verdict If you are searching for Loans by MAL, we recommend comparing with established FCA-authorised bad-credit lenders before applying. Bamboo Loans, Finio/OakbrookAdvance, and 118 118 Money all have transparent rate information, large Trustpilot review bases, and verifiable FCA registrations. Always check register.fca.org.uk to confirm any lender's FCA status before providing personal details or bank information. Frequently Asked QuestionsIs Loans by MAL FCA authorised? You should always verify the FCA authorisation status of any lender before applying. Check the FCA Financial Services Register at register.fca.org.uk by searching for the company name. Regulated lenders are required to display their FCA reference number. If a lender cannot provide a verifiable FCA reference number, do not proceed. What is MAL loans? Loans by MAL (MAL loans) is a UK personal loan provider targeting borrowers with poor to fair credit histories. As with any lender, verify their FCA status, check independent reviews on Trustpilot, and compare their rates against established alternatives before applying. What are alternatives to Loans by MAL? Established FCA-authorised bad-credit lenders in the UK include Bamboo Loans (up to £15,000, 49.7% rep APR), Finio/OakbrookAdvance (up to £5,000, 39.9% rep APR), and 118 118 Money (up to £5,000). These lenders have verifiable track records and large independent review bases. 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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Last reviewed: 09 May 2026 | Reviewed by Chandraketu Tripathi, Editor, Kaeltripton
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