We use cookies to help us improve and protect our services.
By continuing to use the site, you agree to our
Privacy and Cookies Policy
Late and missed payments, along with other external factors, can have a negative effect on your credit score.
Membership fee
2 loans per year
Repay each loan in
Representative APR
Waiting period
Membership fee
2 loans per year
Repay each loan in
Representative APR
Waiting period
Membership fee
2 loans per year
Repay each loan in
Representative APR
Waiting period
Membership fee
2 loans per year
Repay each loan in
Representative APR
Waiting period
Late and missed payments, along with other external factors, can have a negative effect on your credit score.
Even when you’re keeping a close eye on your monthly budget, life has a habit of throwing some curveballs along the way, some of them financial.
Here’s where Creditspring can help. Our £400 loan is perfect for those rainy days when an unexpected bill crops up, or you’re looking to borrow a small amount, but a credit card isn’t an option.
Simply pay a fixed membership fee, receive your no-interest loan in two equal instalments and help build your credit score in the process.
It’s easy to apply for a £400 loan from Creditspring. Just use our eligibility checker to see if you qualify in less than 60 seconds. If you are approved and sign up as a Creditspring member, we’ll be in touch to confirm your eligibility.
The basics:
Pay a small monthly membership fee
Receive two no-interest loans (200 pound loan + 200 pound loan) per year
Repay your first loan in six monthly instalments
Unlock your second loan once your first loan is repaid
Pay on time to help build your credit score and borrowing eligibility
Once paid in full, apply for new memberships with no cooling off period
Changed your mind? No problem. We provide a 14-day cooling-off period, after which you can request the money to be paid into your bank account. Payments are made seven days a week, except for bank holidays.
As with any loan, always ensure that you can comfortably afford the loan repayments. This can help you build your credit score, increase your borrowing eligibility and encourage healthy financial habits.
Your Creditspring membership will give you on-demand access to loans with no interest when you need it most. Read more about our Core (total loan amount £600), Plus (total loan amount £1,000) and Extra (total loan amount £2,400).
Anyone can apply for a loan at Creditspring, so long as you are a UK resident aged over 18 and you have a regular income. Start by checking your eligibility and get a response in less than a minute. All we ask in return is that you can comfortably afford the monthly repayments and low membership fee.
Think you have so-called ‘bad credit’? Don’t worry. At Creditspring, we look beyond that and can support you in building your credit score to become more eligible for a no-interest loan.
If ‘bad credit’ has damaged your score in the past, there are options. Before applying for a £400 loan, join our free membership programme to access our Stability Hub, which provides personalised scores, weekly tips and exclusive offers to help improve your financial wellbeing.
We do things differently at Creditspring. As a Step member, you’ll have access to a no-interest £400 loan split into two equal instalments (£200 + £200). You can request the first £200 loan instalment after your 14-day cooling off period and the second once the first has been paid in full.
This easy, no-fuss approach means that not only can you plan ahead with your finances, you can also rest assured that you have the means to take care of any sudden or unexpected expenses. Our small loans can help you budget effectively, giving you more in your pocket for day-to-day expenses. Plus, all our loans come with no interest - all you pay is our small monthly membership fee on top of your loan amount.
Oh, and we can help you build your credit history, too, so you can develop healthier financial habits, qualify for bigger loans and become more credit-worthy.
In a nutshell, yes. For many financial lenders, reviewing your credit score when checking your eligibility for a loan application is often the first port of call. Here at Creditspring, your credit score is one important criteria that we check – but it’s not the only criteria. Your eligibility is assessed on a wide number of factors to ensure we can provide you with the right product to suit your needs and situation.
You may consider yourself as someone with so-called ‘bad credit’, but we consider ourselves as a forward-thinking lender with the right tools to help you improve your creditworthiness and financial wellness. We are experts in helping our members improve their credit score and by making your loan repayments on time, never skipping a payment and avoiding having too many credit cards, for example, you can start to shed your ‘bad credit’ image in favour of a good one.
It’s completely up to you. Of course, there are obvious things we don’t encourage (like gambling and making purchases you can’t afford in the long term, for example), but most people use their two £200 loans for those unpredictable moments that life can throw at us every now and then.
You might have an unexpected emergency, like heating, car or home repairs. Perhaps you need to replace some broken furniture, or you have a bathroom flood, or a higher-than-expected bill lands on your doormat. You may be dreaming of a long-overdue holiday that’s felt out of reach for a while, or simply having the funds to see you through Christmas, which can be an expensive time of year.
We understand that everyone’s individual needs are different and Creditspring’s no-interest loans can give you a little financial boost to help you live your life to the fullest. As a Creditspring member, you can say goodbye to financial stress and hello to peace of mind.
Finding the right loan to suit your needs can be a financial minefield, but it’s important to do your research first. To ensure you get the best deal and are aware of all the terms and conditions of each lender, there are some key considerations to understand. Discover our top tips for comparing loan and credit card offers to help you make the right choice for you.
Credit cards, bank loans and loans from other lenders are a few options, however, make sure that you understand their full terms and conditions, and read all the small print! Be clear on important details such as the APR and interest rate, and be certain that you can comfortably afford the repayments.
We consider a number of factors to determine your eligibility for a Creditspring membership. You must:
Be 18 years or over
Hold a UK bank account that has been open for more than three months
Earn a minimum of £14,000 per year
Have no recent CCJ, IVAs or bankruptcies
This list is not extensive and Creditspring membership is subject to status. Terms and conditions apply. If your application is approved, you can request your first £200 loan instalment after your 14-day cooling off period and the second once the first has been paid in full.