Flexible, hassle free loans

Flexible. Borrow £750 to £7,500. Repay over 1 to 5 years. Free early repayment with no penalty.

Simple. Quick to apply. 100% online. Immediate decision in most cases.

Honest. No traps in the small print. No excessive default charges. We'll tell you exactly what you're getting.

Get a quote

Applying for a loan

We make it simple and straightforward to get a loan.

  • 5 simple steps
  • An instant decision on most occasions
  • Money delivered to your bank account within 24 hours

Before you apply make sure that you:

  • Are 18 or over
  • Hold a UK bank or building society account
  • Have been a UK resident for the last 3 years
  • Have a regular source of income
  • Have a good credit history

How to apply for a loan online

There are lots of different ways you can apply for a loan, depending on your needs an online service could be the simplest solution. With giffgaff money the process is all done online and you will get an instant decision with your money deposited in your account in less than 24 hours. Here is how the loan application process works:

Get a quote

You’ll get a personalised quote telling you exactly how much you can borrow and what it will cost you with no impact on your credit score.

Submit your application

If you're happy with your quote you'll just need to answer a few more questions to apply for your loan. These questions include financial information such as your income and employment status.

The decision

Most of the time you’ll get an immediate answer, but sometimes it takes a little longer (up to 24 hours) so bear with us. During this time the lovely folks from RateSetter’s credit team may contact you to confirm some of your details.

Accepting the loan

Once your loan has been approved make sure you check all the details before you click confirm. If you change your mind don't worry, you should have 14 days to cancel your loan.

Receiving your money

Your money will often be in your account within 24 hours if your bank supports fast payments.


Key questions to ask yourself. What suits you?

  • Is the loan flexible enough for you, for example is it free from early repayment charges?
  • How quickly do you need the money? Most of the time you will get an immediate decision and the money will be in your account within 24 hours, quicker if your bank supports fast payments
  • How much do you need? giffgaff money offers personal loans ranging from £750 to £7,500
  • How quickly do you want to pay it off? You'll often be offered a chance to repay your loan over anything from 1 to 6 years. Your monthly payments might be less if you choose a longer term, but the overall amount you pay might be higher

The giffgaff money guide to APR's

Loan speak can all get a bit confusing, with all those percentages, decimal points and long lists of numbers. so here's our guide to APRs (Annual Percentage Rates).

A 'representative APR' is the rate that all credit card and loan companies use to allow you to compare different loans. So it's basically the average loan rate that they offer to 51% of successful applicants, meaning 49% of successful applicants may well get offered a different rate for their loan.

At giffgaff money we want to make it simple. We want you to know exactly what you'll be getting. So, when you apply you'll get a quote that’s personalised to your application clearly showing your loan amount and the APR that will apply to you. To do this RateSetter do what’s called a ‘soft credit search’, which means they check some of your credit details but without impacting your credit score.

Just for the record, our current representative APR is 15.5%

Here is the stuff you need to know about your loan.

Representative example for a loan of £4,000 for 24 months at an interest rate of 15.5%. In this example the total amount payable (including interest and fees) would be £4633.57 and your monthly repayments would be £193.07

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Representative example for a loan of £4,000 for 24 months at an interest rate of 15.5% APR fixed. In this example the total amount payable (including interest and fees) would be £4633.57 and your monthly repayments would be £193.07.

giffgaff receives a fee for introducing personal loans to Retail Money Markets Ltd trading as Ratesetter.

giffgaff money is a trading style of giffgaff Limited, we are a credit broker and not a lender and introduce loan applications to its selected provider of loans Retail Money Market Limited trading as Ratesetter. Terms and conditions apply. Finance subject to status. 18s and over. Credit is provided by Retail Money Market Limited trading as Ratesetter, 6th Floor, 55 Bishopsgate, London EC2N 3AS Ratesetter is authorised and regulated by the Financial Conduct Authority – Firm Reference Number 633741

giffgaff Limited is authorised and regulated by the Financial Conduct Authority, Firm Reference Number - 680957. Registered address – giffgaff Ltd, 260 Bath Road, Slough SL1 4DX. Company Number - 04196996.

Posts on this site reflect the opinion of the members posting only, and not necessarily giffgaff’s opinions or views. There’s a lot of information here that can help you, however, you must remember that we operate an open forum and sometimes messages that are posted are misleading, deceptive, or inaccurate. If you follow these tips, you do so at your own risk. Always do your research and check the terms.