Affordable Loans

Looking to borrow less than £1000?

Affordable Loans

Affordable Loans: A little help can make a big difference

Sometimes, we’re not always prepared for life’s little surprises. From pranged cars to pricey boiler repairs, it’s those unexpected curve balls that many of us don’t budget for. 

We’ve partnered with trusted lenders to bring you Affordable Loans. They aren’t like any other. Affordable Loans are a new, fairer way of borrowing if you have no or a low credit rating or have been turned away by your bank. By partnering with trusted local lenders, we offer you an affordable rate to help you get on with the day-to-day.

And you won’t be surprised to hear that with Asda, it’s quick and easy to apply for an Affordable Loan. You won’t find our Affordable Loans nationwide just yet, so click here to see if it is available in your area now.

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*this is an comparative example saving from one of our Affordable Loans partners. You can access a quote from your local community lender to see how much you could save by visiting the Affordable Loans website here

Comparative Example Weekly repayment amount Total repayment amount APR Total saving
£500 from Provident Financial – paid back over 52 weeks: £17.50 per week £910 repaid in total 272.2% APR  
£500 from Affordable Loans partner Manchester Credit Union – paid back over 52 weeks: £11.50 per week £597.02 repaid in total 42.6% APR Total saving £312.98

Why choose Affordable Loans?

  • Fairer, affordable rates
  • Whatever your credit rating, talk to us
  • Get a quote in 5 minutes

We’re proud to work with ethical local lenders who are well established in personal loans and meet our priority of keeping your long-term wellbeing in mind.

When life’s not fair, we are here to help

Our Affordable Loans are designed fairly to help people who come across unexpected costs they haven’t budgeted for, those who may have turned to costly home credit, payday lenders and rent-to-own retailers.

In short, Asda want to offer you a helping hand, that’s both affordable and suits you so why not talk to a local Affordable Loans lender and see how we can help today.

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