Tell us about yourself
We'll need some information about you and your financial situation, plus the amount of money you’re looking to borrow and for how long.
Loans eligibility checker
See your chances of getting a loan
MoneySuperMarket is a credit broker not a lender. You must be 18 or over and a UK resident.
What is a loans eligibility checker?
When you search for a loan with MoneySuperMarket you’ll use our eligibility checker tool. This will give you an indication of which loans you’re likely to be accepted for – and at what interest rates and terms. The result is based on the information in your credit file and the criteria of different lenders. Searching in this way won’t impact on your credit score in any way.
Let’s face it - applying for a loan can be nerve-wracking. So let our eligibility checker tool take the stress out of the process. That way you can apply with greater confidence.
How does our loan eligibility checker work?
Our loan eligibility check is quick and easy to use and we’ll show you your chances of being approved for a wide range of personal loans.
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We’ll search the market
We look across the market to find loans you might be eligible for from leading UK providers. This is a ‘soft search’ and won’t leave a mark on your credit file.
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Compare your results
See loan deals and your chances of approval. Eligibility is scored as a percentage – over 70% shows a strong chance of approval. We’ll also show deals where you’re pre-approved.
What type of loans can I check my eligibility for?
MoneySuperMarket’s loan eligibility checker caters for all types of loan including the following:
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Car
If you need a new car, a car loan can help you spread the cost into more manageable repayments
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Home improvement
Could be handy if you’re considering a loan for home improvements to increase the value of your property
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Debt consolidation
A consolidation loan can restructure what you owe into one monthly repayment making your debts easier to manage
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Wedding
A wedding loan can help reduce stress by managing the cost and minimising money worries leading up to your big day
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Holiday
A holiday loan can help towards the cost of your annual family holiday, honeymoon or retirement trip of a lifetime
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Large purchase
There could be other reasons you need to borrow, such as making a large purchase - caravan, boat or a new boiler - where you don’t have immediate funds
What is a soft credit search?
When you search for a loan with us we’ll use a ‘soft search’ on your credit file. This is to gather information so we can help you find the right deal for you.
This soft search won’t leave a mark on your credit file (no lenders can see it) unlike a ‘hard credit check’ and it won’t affect your credit score in any way. But it means we can find loans you’re eligible for. That way you can avoid applying for the wrong loan deals and harming your credit score.
With a pre-approved loan, the deal you see is the deal you get
When you apply for a loan, it’s not always clear what deal you’ll be offered or whether you’ll be accepted. But when you’re pre-approved for a loan, you know the deal you see is the deal you’ll get – you’ll know where you stand, with information that will help you make the right choice.
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Apply with confidence
When you’re pre-approved, the loan amount, duration and interest rate are all confirmed
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Tailored to you
When you know what you’ll be able toborrow and how much it will cost, you can choose a loan that’s right for you
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You’re in safe hands
This helps protect your credit score as you’re less likely to be rejected when you apply
What information do I need to use the loan eligibility checker?
To use a loan eligibility checker, you'll need to provide personal and financial information, including:
Your full name
Date of birth
Address
Employment status
Income, and existing financial obligations
Any additional debt you already have
Lenders also consider your credit history and whether you've missed payments in the past.
What are the pros and cons of using an eligibility checker?
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Pros
Saves time applying for loans you're unlikely to qualify for
Protects your credit score by using a soft search
Helps identify your budget so you're not borrowing above your means
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Cons
You could still be rejected by a lender due to other factors in your application
Some lenders may not participate in eligibility checker services, meaning you might miss out on good options
The final approval still depends on the lender's assessment
Will using the loan eligibility checker impact my credit score?
No, using a loan eligibility checker will not impact your credit score. Our checker uses a "soft search" of your credit report, which is not visible to other lenders and does not affect your score. Only a full loan application triggers a "hard search," which can affect your score.
You can use our eligibility checker multiple times without worrying about your credit score.
Can I get pre-approved for a loan with bad credit?
If you’ve had problems with debt in the past and you have a low credit score you’re unlikely to be pre-approved for any loans. You could get a specialist loan for bad credit, but it will depend on your personal situation and the criteria of the lender.
While you may be able to secure a loan, bear in mind the interest rate is likely to be much higher than on standard loans, and you will not be able to borrow as much.
Checking your credit report and seeing what action can be taken is often the first step to improving your credit rating and opening the doors to more choice and cheaper borrowing.
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Will base rate cuts make loans cheaper?
As of May 2025, the base rate stands at 4.25%, from 4.5% by the Bank of England. This rate influences how much it costs banks to borrow money, and in turn, it affects the interest rates offered on loans to consumers. When the base rate is reduced, lenders often lower their Annual Percentage Rates (APRs) on loans, making borrowing more affordable.
However, not all lenders adjust their rates at the same pace. Some may quickly pass on the savings to borrowers, while others may delay or make smaller adjustments. Therefore, it's important to compare loan offers from different lenders to ensure you benefit from the most competitive APRs in the market, especially considering that loans without a guarantor usually come with higher rates anyway.
Why compare loans with MoneySuperMarket?
It’s simple to compare loans with us, and we’ll show you your chance of being approved for each loan deal.
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It's quick and easy
It's simple and speedy to compare loans with us. We show the important information upfront and you can apply within minutes. To save time, some providers auto-populate application forms, so you'll only have to type in your details once.
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Protect your credit score
Good news: when you compare loans with MoneySuperMarket, you don't have to worry about hurting your credit score as we'll only carry out a soft search.
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We'll search the market
We have a wide range of leading lenders for you to compare loans from. When searching with us, you can order loans by likelihood of you being accepted to ease any fears of rejection.
Our expert says…
If you’re planning some home improvements, have a holiday on the cards, or need a new car but don’t have the money to pay in full and upfront, a loan is one option. You can spread the cost over a set period of time, but the downside is you’ll also pay interest on the money. To find out which loans you’re likely to be able to apply for, MoneySuperMarket has a free loans eligibility tool, which will tell you what you could be accepted for and at what cost but won’t leave a mark on your credit score.
Kara Gammell Personal Finance & Insurance Expert
Trusted Service Awards Winners
MoneySuperMarket has won the Feefo Platinum Trusted Service Award, an independent seal of excellence, which recognises businesses that consistently deliver a world-class customer experience.
Compare loans with our eligibility checker
We’re here to help you find the right loan for your needs
What is the difference between a hard and soft credit search?
Both types of search use your financial information to give an idea of whether you’ll be accepted for borrowing, but a soft search does not leave a mark on your credit file.
A soft search might be conducted to show your chances of getting a loan or credit card - as happens with MoneySuperMarket searches. It’s only when you make the actual application that a ‘hard credit search’ takes place - and this is done by the prospective lender.
What if I’m not eligible for any loans?
The better you’ve handled credit in the past and the higher your credit score the more likely you are to be accepted for a loan. But if you find you’re not eligible for any loans then it’s worth looking at your credit file to see if you can improve your credit rating. Our credit score service allows you to see you score and get personalised tips to help boost it.
What if I get rejected for a loan?
When you’ve applied for a loan and there has been a ‘hard credit check’ that will have been recorded on your credit file – but it won’t show as a rejection. The problem is if you then go on to apply for other loans the previous ‘hard search’ will show up and this could act as a red flag to potential new lenders – as they will assume you were rejected. The more ‘hard credit searches’ you have in a short space of time the worse it will be for your credit rating. For this reason using MoneySuperMarket’s eligibility checker first – can give you a good idea of whether or not you’ll be accepted for a loan BEFORE you apply. This is a soft search and won’t affect your credit file or score.
What is APR?
APR stands for Annual Percentage Rate and represents how much it’ll cost to borrow money for a given loan. It’s calculated by taking into account the annual interest rate and any additional fees and charges. You might see the term ‘representative APR’ on adverts for loans. This means that the interest rate quoted only has to be offered to at least 51% of successful applicants, so it may not be the actual rate you get when you apply.
Do interest rates change?
Most unsecured personal loans will have a fixed interest rate for the duration of the loan which means as long as you maintain your monthly repayments they shouldn’t change.
How do I know what loan to apply for?
Consider what you need the money for and how much you need. While you can take out loans for different reasons, for example, a new car or home improvements, or to consolidate debt, most loans work in a similar way – providing a lump sum that you pay back over time with interest.
Look for a loan with a low interest rate to keep repayments down and remember borrowing more than you need will mean you pay back more interest, as will borrowing the money over a longer period. However, you also need to be comfortable you can keep up repayments, so sometimes extending the loan over a longer term can be beneficial as this can bring monthly repayment costs down.
Can I withdraw a loan application?
Loans have a 14 day ‘cooling off’ period, where you can cancel and pay back any money borrowed, including interest for the time the loan was active. Notice of withdrawal can be given in writing or verbally.
Taking out a loan isn’t something that should be undertaken lightly. Read the terms and conditions and make sure you are happy before proceeding because contracts are legally binding and can be difficult to cancel without financial penalty.
What is my credit rating?
Your credit rating is a score that represents your creditworthiness to credit lenders based on an analysis of your credit history (your history of borrowing and paying back credit).
The higher your score, the more likely you are to be accepted for future credit applications. If your score is low, there are ways to improve it. MoneySuperMarket’s credit score lets you check your credit score for free and gives you tips on how to improve it.
Super save with MoneySuperMarket
You work hard to earn your money, and we don’t think you should waste a penny of it paying over the odds on your household bills. That’s why at MoneySuperMarket, we’re on a mission to save Britain money.
Whip your credit score into shape with Credit Score
Super save over and over again with Energy Monitor
There are always more ways to save with MoneySuperMarket
So how do we make our money? In a nutshell, when you use us to buy something, we get a reward from the company you’re buying from.
You might be wondering if we work with all the companies in the market, or if our commercial relationships with our partners might make us feature one company above another. We’ve got nothing to hide, and we want to give you clear answers when it comes to questions like these, so we’ve pulled together everything you need to know on this page.
Lenders
Curious about who’s behind the loans? Take a look at each lender’s page below to learn more:
Reviewed on 10 Dec 2025 by
