WARNING: Late repayment can cause you serious money problems. For help, go to: moneyadviceservice.org.uk

Direct Instalment Loans up to £1000 with a quick payout!

I'd like to borrow
I'll repay inover
14 days
on the
  • Feb 99th 9999 £999.99
Borrowing £400 for 3 Months
Interest Rate 292% pa (fixed)
Interest £152.48
Three Repayments of 139.16
Total Repayable £417.48
Minimum 1255%APR
Maximum 1698.1%APR
To repay in full byTo repay in full by:

This is a bank holiday, are you sure you can repay on this date?


Representative 1270%APR

Representative Example

Amount of credit £250 for 3 months
Total amount payable £379.44 (3 Months)
Interest rate 292.25% (fixed)
Interest £129.44
Representative Example as at 27/06/2017

Price Comparison

Compare different lenders on a Financial Conduct Authority approved price comparison website. We use allthelenders.org.uk

Why choose PiggyBank?

  • Direct Lender
  • No Payout Fee
  • No Hidden Costs
  • Fast Online Application
  • Multiple Repayment Options
  • 100% UK Based
  • Fully Authorised by the Financial Conduct Authority

Instalment Loans Direct Lender

Instalment loans from direct lenders are short-term loans intended to cover unforeseen circumstances. A direct lender refers to a company who will actually lend you the money. You may also come across a loan ‘broker’. A ‘broker’ will help you to obtain a loan by using your application details and passing it across to multiple direct lenders. If a direct lender then accepts your application, you would be directed to their website to finalise the application process.

How much do they cost?

An instalment loan from a direct lender will vary in cost depending on from the lender. The maximum that can be charged for a loan in the short-term high-cost market is 0.8% per day per £100 borrowed. Simply put, that means for every £100 you borrow, you cannot be charged more than £24 over a 30 day period and you will never pay more than double what you borrow. For more information visit our frequently asked questions page.

Do PiggyBank offer Instalment Loans?

PiggyBank is a direct lender and we offer instalment loans of up to £1000 for up to 5 months. You may choose between 3 and 5 months in duration and the loan amount that you need from £200 and £1000.

Am I eligible for a PiggyBank instalment loan?

To be eligible for a PiggyBank instalment loan you must satisfy this minimum criteria;

  • Be over the age of 18
  • Be employed
  • Not bankrupt
  • Not on debt management
  • You must not be in a debt spiral

For more information on the criteria and application process, visit our how it works page.

How does it work?

All you need to do is use the slider to choose a loan amount and loan term. Once you have done this, check the total amount repayable and how much the monthly instalments will be. If you are happy click apply. Then fill out our one page application form including income and expenses. Once we have all your details, we will perform a series of checks and if approved we aim to pay out in an hour.

Need an instalment loan from a direct lender? Apply here!

Call Us

0800 206 1560

General Help






We're available:

8AM - 6PM
8AM - 4:30PM
9AM - 1PM

Monday - Thursday

Am I Eligle for a PiggyBank Loan?

You will need to satisfy the following criteria to be eligible to apply for a loan with us:


Have a mobile phone.


Not be bankrupt, on an IVA, in a debt management plan, or have had a CCJ in the last 12 months.


Be over 18 years old.


Be employed and working at least 16 hours a week.

Bank Account

Have a UK bank account and debit card.