Warning: Late repayment can cause you serious money problems. For help visit moneyhelper.org.uk/en. We are a broker and not a lender. We don’t make lending decisions.

Trustpilot
Trustpilot

£100 Loan

Unexpected bills or short-term expenses can throw off your budget. If you’re looking to borrow £100 quickly, Dot Dot Loans can help by connecting you with trusted UK lenders who may be able to assist.

We work with an established panel of loan providers to match your needs — even if you’ve had credit challenges in the past.

How much would you like to borrow?
Representative 79.9% APR Rates from 12.9% APR to 1721% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Repayment of 17 Months at £87.22 and final repayment of £87.70 The total amount repayable is £1570.44. Interest amounts to £570.44, an annual interest rate of 59.97%.

What Is a £100 Loan?

A £100 loan is a short-term borrowing option typically used for small, urgent expenses — like topping up a utility bill, covering travel costs, or managing a temporary cash shortfall. These loans are usually repaid over a short period, and some lenders offer flexible repayment terms.

With Dot Dot Loans, you won’t need to apply to multiple lenders directly. Our soft search technology helps connect you to a lender from our panel who is most likely to approve your application — without affecting your credit score.

How Do £100 Loans Work?

  1. Application: Submit an online application with basic personal and financial details.
  2. Approval: Lenders assess affordability and may perform a soft or hard credit check.
  3. Funding: Upon approval, funds are typically transferred to your bank account on the same day.
  4. Repayment: Repay the loan in a single payment or through a short-term instalment plan, including interest.

Common Uses for a £100 Loan

Utility Bills

Cover overdue bills to avoid late fees or service interruptions.

Emergency Expenses

Pay for minor repairs, medical costs, or other urgent needs.

Short-Term Cash Flow

Bridge financial gaps until your next payday.

Small Purchases

Buy essentials or unexpected items when funds are low.

Benefits of a £100 Loan

Fast Approval and Funding

Most £100 loans are processed quickly, with same-day funding available from many lenders.

Fixed Repayments

Predictable repayment terms make it easy to budget.

Accessible for Poor Credit

Many lenders offer £100 loans to individuals with less-than-perfect credit, focusing on affordability.

Flexible Terms

Repayment options range from a single payment to instalments over a few months.

Things to Consider

Higher Interest Rates

Due to the short-term nature of these loans, interest rates can be high. Ensure you understand the total repayment cost before borrowing.

Repayment Responsibility

Missed payments can result in additional fees and negatively impact your credit score. Borrow only what you can afford to repay.

Who Can Apply for a £100 Loan?

  • Individuals aged 18 or older with a UK bank account.
  • Borrowers with regular income.
  • People with varying credit histories, including those with poor credit.

Alternatives to a £100 Loan

If a £100 loan isn’t suitable, consider:

  • Overdrafts: An authorised overdraft for short-term borrowing.
  • Credit Union Loans: Community-based loans with fair terms and low interest rates.
  • Payday Loans: For quick, lump-sum repayment after your next payday.

Frequently Asked Questions

How quickly can I receive a £100 loan?

Funds are often disbursed on the same day of approval, depending on the lender.

Can I get a £100 loan with bad credit?

Yes, many lenders provide £100 loans to borrowers with poor credit, focusing on affordability rather than credit scores.

What repayment terms are available?

Repayment terms typically range from a single lump sum to instalments over 1 to 3 months.

Are £100 loans regulated in the UK?

Yes, all lenders offering £100 loans must be authorised by the Financial Conduct Authority (FCA), ensuring fair practices and borrower protection.