£100 Loans

£100 to £5,000, same day payout*

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk. Boutell.co.uk is a broker, not a lender, and does not make credit decisions.

Representative Example: Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).

*Boutell does not perform a credit check on any of our applicants however lenders will determine if you're eligible for a loan via a soft search. If you accept the loan offer a hard search is performed.


How to Find £100 Loans With a Low Credit Score

So, you think you might need to borrow £100 fast but you’re not sure if you even stand a chance of being approved due to your measly sub-prime credit score? If that sounds like your predicament, you should take relief in knowing that there are actually a handful of ways you can borrow this amount fast. It’s a common misconception that people with poor credit have absolutely no funding options available to them, as there are many alternative lenders who are willing to approve high-risk borrowers in exchange for charging a higher interest rate.

How much would you like to borrow?

Representative Example: Rates from 49.9% APR to max 1333% APR. Minimum Loan Length is 1 month. Maximum Loan Length is 36 months. Representative Example: £250 borrowed for 30 days. Total amount repayable is £310.00. Interest charged is £60.00, annual interest rate of 292% (fixed). Representative 669.35% APR (variable).

In other words, you can probably still borrow £100 even with the lowest credit score, but you should expect the interest rates and late payment penalties to be slightly steeper than they would be if you had good credit. It’s easy to feel like nobody cares about your struggle when you’re in the embarrassing situation of needing to borrow £100, but prepared to have your faith in humanity restored, as we’ve cared enough to compile the most feasible options available for getting your hands on the money you so badly need:

Compare Payday Lenders

Payday loans are the top option to consider when you’re only trying to borrow £100 because that’s usually the minimum loan amount, which means lenders normally won’t bat an eye to approve you for such a paltry sum. Now, that doesn’t mean they’ll approve anyone, as you’ll still need to meet a few basic prerequisites in order to qualify. More specifically, here’s what you’ll need in order to obtain approval for a £100 loan from a payday lender:

  • Proof of Consistent and Sufficient Income – Of course, you can’t expect to get a payday loan if you don’t have an upcoming payday just because you need cash now. However, for a £100 loan, you don’t necessarily need to show that you have a job, just that you have some form of money coming in, whether it be from government assistance or even an allowance transferred to your bank account on a regular schedule. Still, be prepared to show proof that you can pay back the loan. You can use payslips, bank statements, or documents that prove you receive a set amount of benefits or a pension every month.
  • Identification and Minimum Age – You’ll need to show your government photo ID card, passport or photocard driving license to prove that you’re over the age of 18, and to verify your identity.
  • A Bank Account – Many payday lenders will require you to have a bank account with an account and sort code that can be used to establish an automated repayment schedule. You’ll need to make sure the repayment amount will be available in your account on the due date in order to avoid additional interest and late fees.

Overall, if you can meet the three requirements listed above, you should be able to find plenty of payday lenders that will offer you a £100 loan, even if you have a very low-paying job.

borrow money with low credit score

Consult with Friends and Family

We listed payday loans first because, let’s face it, nobody wants to ask their loved ones and friends for money if they don’t have to. Still, in the case of a petty amount like £100, reaching out to the people close to you might be your best bet if you can’t even get a payday loan. For most funding amounts, asking relatives or anyone else for money might seem out of the question, as many people who are too proud to ask for help.

If you don’t have any proof of income that will convince a payday lender to let you borrow a single penny and you’re unwilling to ask anyone you know for that small amount, you might just be completely out of luck. At that point, you would only have a couple of other funding options worth considering and those would only be applicable if your credit isn’t absolutely horrible, or if you have some business idea or cause that people might want to invest in or fund.

With an amount as low as £100, you’d be surprised how many family members might just give you some cash and not ask for it back, depending on how dire your situation is. Understandably, this is a route that many people refuse to take, but it’s still worth mentioning due to the fact that it is a legitimate option when you’re dealing with such a small denomination.


Crowdfunding sites like Indiegogo let you raise funds online for personal or business-related causes. Raising money on a crowdfunding site might seem like an easy way to get free money but reaching funding goals will usually require quite a bit of marketing and networking effort. In other words, people aren’t just going to stumble upon your crowdfunding page and invest in a stranger who they know nothing about. While that does sometimes happen, working your network is going to be the best way to start racking up donations quickly.

For larger amounts, crowdfunding can require some significant work to reach the amount you’re after but raising £100 shouldn’t be too difficult for anyone. However, there will still be some work involved in that you’ll need to create a well-written and convincing profile page for your fundraiser in order to convince people to submit donations.

You may be wondering how a crowdfunding campaign could be considered a loan. While it’s not technically considered a form of borrowing, if you’re collecting donations under the guise that you’re going to invest those funds in a business, you do at least have the personal obligation to follow through with that promise. So, in a way, it is a loan because you owe your donors the work involved in making the business succeed.

Poor Credit Personal Loan (Score Must Be at Least 580)

If you have poor credit but your score is still above 580, there’s a chance you might still be able to borrow £100 through a traditional personal loan from a conventional lender or bank. For an amount as trivial as £100, many banks won’t have very strict approval requirements in terms of minimum credit score. This is a worthwhile option to pursue if you’ve been banking with a specific bank for a while and have a consistent history of keeping money in your account. Likewise, you may want to check with a few credit unions in your area to see if they can help.

The problem is, it doesn’t make sense to go down this route for only £100, as a payday loan would be faster and more conventional with almost guaranteed approval while only carrying a slightly higher interest payment. Since interest is charged in percentages, getting a bit of a break on your interest rate when you’re only repaying £100 may not be worth the hassle of applying for a personal loan. Also, many lenders who offer personal loans will run a hard credit check, so risking another couple of points being taken off of your credit score for a bill is probably not a good idea.

How We Compare

  • Boutell
    Why Use Us?
  • How much can I borrow?
    £100 - £5000
    No hidden fees
  • Over how long?
    1 - 36 months
    Flexible repayments
  • Can I apply with bad credit?
    Quick decision
  • How do I apply?
    Online fully SSL secured
  • When can I apply?
    Even on bank holidays
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Should You Apply for Several £100 Loans at the Same Time?

After being approved by one payday lender to borrow money online, you might get the idea that you could instantly go to other lenders and be approved for more small loans on the same day. That’s certainly a valid option, but one that can come with serious financial consequences.

While payday lenders do not report your timely payments to the credit reporting agencies like Experian, if you go delinquent on your repayments to the extent that your debt is sold to a collection agency, the debts could start to show as collection items in your credit profile.

If you’re already in the situation of needing to borrow £100, you probably shouldn’t risk causing any further damage to your credit score. Thus, it’s always wise to only borrow an amount that you’re confident you’ll be able to repay, whether it’s from a single loan or several.

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