How It Works

Even Loans are a direct lender offering simple, easy and flexible loans.

Our process at Even Loans is simple and easy to give you the flexibility and control over your requirements.

Our ethos is to provide a service designed to help and not constrict you.

How much is needed and how long for?

Using our loan calculator, select how much money you’d like to borrow (between £50 to £100*) and for how long (between one to three months). You’ll be presented with a breakdown detailing how much each installment will cost you. If you are satisfied with the installment amounts represented, click ‘Apply’ to proceed.

*We only allow a maximum of £100 for first time customers for up to 3 months. This is to protect you from financial hardship.

We will run a credit assessment check

We will run a credit history check and affordability assessment using the details you submit with your application to make a provisional decision.

Please note that all details will be verified and this could impact the final decision.

Final decision: approved?

If your loan is approved, we will aim to transfer the funds to your bank account as soon as possible. This is usually within a few hours.

We would also appoint a personal human account manager who will be your point of contact regarding your loan.

Increased maximum credit limit

If you pay off your loan on time, we will upgrade your maximum credit limit (subject to affordability assessment). This means you will be able to borrow more than the maximum amount of £100.

Continue to pay off your loans on time and we will continue to upgrade your maximum credit limit.

Need more information?

If you need more information, please refer to our Frequently Asked Questions page.

If your question is not answered on that page, feel free to get in touch using our contact details here.