Check your eligibility for a loan before you apply
It's simple and straightforward to use- See how likely you are to be accepted
- No effect to your credit score
Representative 26.9% APR
To check your eligibility for a personal loan you must meet the following criteria:
- At least 18 years old
- Minimum annual income of £5,000
- Regular income paid into a UK bank account
- A UK resident
- At least 3 years address history
To check your eligibility for a personal loan, Creditec will carry out a soft search on your credit file to match you with the most suitable lender(s) on their panel who may also carry out a soft search to assess your eligibility for the product you are looking for. These searches will only be visible to you, and they will not affect your credit rating.
If you need help or are unsure on any of this, please contact us using this online form.
A soft search is a way of finding out information about your credit history. It is used by lenders and credit brokers to assess your eligibility for the product you are looking for.
A soft search does not affect your credit history.
A good credit score will help increase your chances of being eligible for the most competitive products with the lowest interest rates (APRs). There's no “magic” score that means you will be approved but the higher your credit score the higher the chance of being accepted.
If you feel you are having difficulties managing your finances, you can access free, impartial advice from StepChange, MoneyHelper, National Debt Line (0808 808 4000), or Citizens Advice.
If you check your eligibility for a personal loan and are accepted by a lender, they may offer you a ‘guaranteed rate’. Unlike representative rates, this means that the rate offered will not change after you make a full application and take out the loan.
If you check your eligibility for a personal loan and are accepted by a lender, they may offer you a ‘representative rate’. Unlike guaranteed rates, this means that the rate offered may change after you make a full application and take out the loan.
When a lender is offering a representative rate (also known as representative APR), it means that at least 51% of their customers received that rate or lower.
You will only find out the actual rate once you make a full application on the lender’s website.
Being pre-approved does not mean that you’re guaranteed to be accepted by the lender. You’ll get the product as long as you have provided accurate details and that you pass additional checks by the lender.
You can check your eligibility for a loan from £1,000 up to £10,000. How much you can borrow depends on a number of factors, including your ability to make repayments (based on your income and expenditure), and your credit worthiness (based on a soft search).
You should not borrow more than you can afford to repay.
If you feel you are having difficulties managing your finances, you can access free, impartial advice from StepChange, MoneyHelper, National Debt Line (0808 808 4000), or Citizens Advice.
Data Protection
You need to understand how your personal information will be used when you use this service to search for a credit product. Although full details are contained in this Privacy Policy, your attention is drawn to the following important points:
So that you can be matched with the right lender or broker on the panel, a soft search will be carried out on your credit file. To do this, your personal data in your application form will be shared with Equifax Limited who are a credit reference agency. Your application will then be shared with certain lenders and brokers on the panel who will also carry out a soft search to assess your eligibility for the product or service you are using this service to find. Soft searches do not affect your credit rating and are only visible to you and the firm that made them.
For more information about how Equifax, a credit reference agency may use your personal information, you can read the Credit Reference Agency Information Notice here or you can ask Equifax for a copy. You can also read Equifax’s privacy policy here.
In order that we can provide the best possible service to our customers, we will profile your personal data. This means that we will use your personal data to build a more informed picture of you so that we can stay in contact with you about our similar products and services from time to time (see section 7 of our privacy policy). You can object to this profiling at any time by contacting us
Money to the Masses has introduced you to Creditec Limited to provide you with this information-only comparison service for loans and credit cards from a range of lenders. Creditec is acting as a credit broker, not a lender and will not charge you a fee for using their services.
If you have any questions or feedback about the service, please get in touch with Money to the Masses using their Contact Us form.
Creditec receives commission from lenders or other brokers if a customer enters into a credit agreement with a lender or broker following an introduction through this website. Money to the Masses will receive a share of the commission that Creditec earns. See Money to the Masses's Terms and Conditions for more details.
Creditec Limited is acting as a credit broker, not a lender, we are authorised and regulated by the Financial Conduct Authority (FRN: 971164).
Creditec Limited is registered in England and Wales under company number 13700425 ; registered office: The Steam Mill Business Centre, Steam Mill Street, Chester, United Kingdom, CH3 5AN FRN. 971164. ICO registration number: ZB288703
Find out more about Creditec on our website, which also includes our Cookie Policy, Complaints Policy, Terms and Conditions, and Privacy Policy.