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How to Apply for 12 Month Loans at Pixie Loans

How To Apply

Estimated reading time: 5 minutes

Obtaining 12 Month Loans as a Payday Loan

At Pixie Loans, our goal is to offer urgent 12 month loans to as many individuals as we can. Despite our best efforts to avoid unexpected circumstances, life occasionally has alternative intentions.

Have you encountered an unforeseen emergency that necessitates immediate funds? At Pixie Loans, we’ll gather your information and immediately begin searching the loan marketplace for a suitable lender. By collaborating with various lenders, we enhance our clients’ likelihood of approval. Additionally, our service is entirely free and hassle-free.

Summary

  • Pixie Loans is a free broker that submits one application to multiple reputable payday lenders to quickly find a 12 month loan, improving your chances of approval.
  • You apply online and, if accepted, are redirected to the lender to set up monthly repayments with interest.
  • Consider the higher total interest over a year and penalties for missed payments, and seek free debt advice if you’re struggling with existing debts.
  • Using Pixie Loans can save time and potentially money compared with applying to lenders individually.

Why should I consider using Pixie Loans?

  • Applying directly to individual lenders is, in the first instance, extremely time-consuming.
  • Moreover, we partner with some of the leading lenders in the industry, assisting you in finding the ideal loan for your needs.
  • While some lenders may assert that their rates are the most competitive, others may be more transparent and acknowledge that theirs might not be.
  • Our service offers you greater adaptability without the necessity of combing through and reviewing numerous lender websites.
  • If that hasn’t convinced you, our service incurs no costs at all.

Utilizing Pixie Loans to apply for a 12 month loan will not only save you time but could also result in financial savings. These are two significant motivations to take advantage of our no-cost services.

How do I apply with Pixie Loans?

You can start your application online here: https://www.pixieloans.co.uk/apply

How do I apply for a 12 month loan using Pixie Loans?

How to apply for 12 month loans

Applying for 12 Month Loans

  1. Simply determine the amount you’d like to borrow over 12 months and click on the ‘apply’ button.
  2. Fill out the application form, and your information will be shared with a selection of secure and reputable payday lenders.
  3. Upon acceptance, you will be directed to their respective website.

Repaying Your 12 Month Loans

  • Most lenders will establish a repayment plan that includes monthly payments with interest.
  • While some lenders might permit you to pay off the loan at your own pace, adherence to the agreement is essential.
  • Failing to settle your loan could lead to extra fees and serious financial issues.

Risks Associated with Payday Loans

  • If you are currently in debt and struggling with other outstanding loans, we strongly advise that you seek free, impartial debt advice from the Money Advice Service: http://moneyadviceservice.org.uk/
  • Delayed payments can incur penalty fees, potentially leading to significant financial challenges.

Costs Involved with 12 Month Payday Loans

  • Since you’re borrowing money for an extended duration, the total interest repaid will increase.
  • Before agreeing to this loan, ensure that it is truly in alignment with your financial interests and situation.

Apply Now

Frequently Asked Questions

Question: What is Pixie Loans—lender or broker—and do you charge a fee?

Short answer: Pixie Loans is a free broker, not a direct lender. We take one online application and submit it to multiple reputable payday lenders to quickly find a potential 12-month loan match. There’s no charge for using our service, and using Pixie Loans can save you time and potentially money compared with applying to lenders individually.

Question: How do I apply for a 12-month loan and what happens next?

Short answer: Start online at https://www.pixieloans.co.uk/apply, choose how much you want to borrow over 12 months, and complete the application form. We securely share your details with a selection of lenders. If a lender accepts your application, you’ll be redirected to that lender’s website to finalize the loan and set up monthly repayments with interest.

Question: How does using Pixie Loans increase my chances of approval?

Short answer: We work with a panel of leading lenders, and different lenders have different criteria. By submitting your single application to several lenders, we broaden your options and improve the likelihood that at least one lender can offer you a loan—without you needing to apply to each lender individually.

Question: How will repayments work, and can I repay early?

Short answer: Most lenders set a repayment plan with monthly payments plus interest over the 12-month term. It’s essential to follow the agreement; missing payments can result in extra fees and serious financial issues. Some lenders may allow you to pay off the loan at your own pace or early—always check the specific lender’s terms.

Question: What risks and costs should I consider with 12-month payday loans?

Short answer: Borrowing over a longer period means you’ll repay more total interest. Late or missed payments can trigger penalty fees and lead to significant financial challenges. If you’re already struggling with debts, seek free, impartial help from the Money Advice Service at http://moneyadviceservice.org.uk/ before borrowing.

Apply Now

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Representative 225% APR. Representative example: £400 repaid over 3 monthly instalments of £186.18. Total charge for credit £558.55. Interest £158.55. Interest rate 255% (fixed) APR rates range from 45.3% APR to 1575% Max APR. Your APR rate will be based on your circumstances.

Please note that we are not a direct lender. We offer a loan matching service. We connect you with lenders to find the best loan for you. There's no fee to use our service, but a small number of services introduced through our platform may include a monthly fee. We might earn a commission for us referring you to them.

Pixieloans.co.uk is a trading style of Maxed Up Media Ltd. Company registered address: Maxed Up Media Ltd, Adamson House, Towers Business Park, Wilmslow Road, MANCHESTER, M20 2YY. (Company number 07162006). Maxed Up Media is an appointed representative of Serpable Ltd and regulated by the Financial Conduct Authority under reference 848096. (Serpable Ltd is authorised and regulated by the Financial Conduct Authority under reference number 799104)

* Loans can be paid into your bank account in less than one hour if the lender that has offered you a loan provides this service. In some instances, it can take up to 5 working days for a loan to be in your bank account. The lender will inform you when to expect the funds into your bank account.

IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.

Credit is available to 18 years and over. All loans are subject to status. A short-term, payday loan should be used for short-term financial needs only, not as a long-term financial solution. Never borrow an amount that cannot be repaid on your next pay period date. Missing repayments may have a negative effect on your credit rating and make it more difficult for you to obtain credit in the future.

The operator of this website is not a lender or short term loan provider and does not make loan or credit decisions. We are a credit broker, providing loan matching services and help connect consumers interested in obtaining short-term payday loans, installment loans, guarantor loans and secured loans in amounts between £100 and £5,000 with participating lenders or brokers in our network.

We do not charge you any fees to use our websites, services or products. Any commission received by us is paid by participating lenders or brokers if you choose one of their products or for referring you to them.

If you are matched with a participating lender or broker, you may be charged a fee directly by the participating lender or broker. Please be sure to read their terms and conditions before proceeding with any loan arrangement.

We work exclusively with a selected group of lenders and brokers to offer you a range of credit and loan products. We may receive a percentage of the loan amount as a commission from a loan provider or broker if you take out one of their products and/or we may receive a fee for introducing you to them.

You can request details of these commissions or fees, by emailing us. We will then provide you with the precise amount of the commission or fee or, where that amount is not known, the likely amount. Please note that the lender or broker we direct you to may not offer the cheapest loan that is available to meet your needs.

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