Lending made easy

Apply for
A personal
Loan

We offer loans from £1,000 - £5,000

Get an online decision in minutes

I would like to borrow?

£

2500

£1000£5000

Loan Term

Monthly Repayment

Total Interest

Total Repayable

Representative Example: The Representative Rate is 69.9% APR (fixed) so if you borrow £2,500 over 3 years at an interest rate of 54.2% p.a. (fixed), you will repay £141.82 per month. Interest payable is £2,605.52. Total repayable £5,105.52.

Why our customers recommend Toot

See what our customers say about us.

Why choose Toot for your personal loan

We offer affordable, unsecured personal loans to those who are unable to get accepted with the more mainstream lenders such as high street banks and building societies.

Ready to get started

Use our loan calculator to see how much you could afford to borrow and what your monthly payments might be.

I would like to borrow

£

2500

£1000£5000

Over

36

Months

12 Months60 Months

Representative Example: The Representative Rate is 69.9% APR (fixed) so if you borrow £2,500 over 3 years at an interest rate of 54.2% p.a. (fixed), you will repay £141.82 per month. Interest payable is £2,605.52. Total repayable £5,105.52.

Monthly repayments

54.2%

Interest Rate

69.9%

Representative APR

Total Interest

Total Repayable

Representative Example: The Representative Rate is 69.9% APR (fixed) so if you borrow £2,500 over 3 years at an interest rate of 54.2% p.a. (fixed), you will repay £141.82 per month. Interest payable is £2,605.52. Total repayable £5,105.52.

Our application process

We make the application process as easy as possible by making use of Open Banking and credit risk technologies to ensure that our lending decisions are fair, accurate and consistent.

Check out our video animation on open banking

We are serious about lending

Toot Loans carry out full affordability and creditworthiness assessments to ensure that applicants are only offered what they can afford.

Simple Process

Complete the online application form and we will do the rest. There is no need for you to provide any documentation as we will assess your affordability by using open banking technology.

Affordable

We make sure your monthly payments are affordable.You will have to provide authorisation for your bank to forward your income and expenditure details and we will do the rest.

No obligation

Find out the cost of a Toot loan with absolutely no obligation. Remember, we want to give you the opportunity to borrow even if you have a less than a perfect credit score.

Frequently asked questions

You can apply for a loan of between £1,000 and £5,000. We will assess your application to ensure that your monthly payments are affordable.

You could use your personal loan for a variety of purposes including:

One off large purchases

You can spread the cost of those one off large purchases over a longer term making them more affordable.

Buying a car

Whether you're buying your first car or upgrading to a newer model, a loan gives you the freedom to buy your car exactly where you want, with no limit to the miles you can do. Loans are not secured against your car.

Home improvement

A personal loan could bring your home improvement plans to life. From an extra bathroom, a new kitchen, to a loft conversion, you could borrow the money you need to make the change you want.

Special occasion

Dream wedding? If you have an occasion you need to fund, a personal loan could help you make your plans a reality.

Unacceptable loan purposes

We are unable to lend for certain purposes such as consolidating existing debts.

We make use of the Open Banking process to assess your income and expenditure to ensure that the loan we provide is affordable to you. The process is regulated by the FCA and enables you to share your financial data with a loan provider such as Toot Loans in a safe and secure environment.

The open banking information is provided by oohMoolah. They cannot provide your financial information without your express consent. oohMoolah is authorised and regulated by the Financial Conduct Authority (FCA) and has access to all of the main UK banks and building societies

The Open Banking Process

  • Once you have completed the Toot loans application form and pressed the submit button you will be automatically directed to the ooMoolah website.
  • OoMoolah will request your bank account details, including sort code and account number.
  • You will be required to provide permission for ooMoolah to access your financial information.
  • You will then be automatically directed back to the Toot Loans website to receive your lending decision.

This ensures that the decision process is quick and accurate. It also means that you are not required to provide any other form of evidence regarding income and expenditure.

It is both safe and secure and has no impact your credit score.

To qualify you must be:

  • Aged 23 or over
  • A UK resident
  • Lived at your current address for at least 1 year
  • Employed with a net monthly income of £1,000 or more

Ready to get started?

Before considering a personal loan, you should take some time to work out whether a loan is your best option. You should never take out a loan if you’re worried about whether you can meet the repayments.

Apply now