Loans like On Stride

Compare lenders like On Stride

• No guarantor required
• Guarantor loans

	Name	Representative APR	Loan amounts
	On Stride	315.4%	£150 to £5,000
	Bamboo Personal Loan	49.7%	£2,000.00 to £15,000.00	Check eligibility
	Progressive Money Personal Loan for Homeowners	61.91%	£1,000 to £15,000	More info
	Savvy Personal Loan	1289.3%.	£300 to £1,200	More info
	Evlo Personal Loan	99.9%	£1,000.00 to £15,000.00	Check eligibility

	Name	Representative APR	Loan amounts
	Norwich Trust Limited Unsecured Homeowner Loan	31.9%	£3,000.00 to £20,000.00	More info
	1plus1 Loans Guarantor Loan	39.9%	£1,000.00 to £10,000.00	Go to site

How do On Stride loans work?

If you feel let down by mainstream lenders, either because you don’t meet eligibility criteria or because your credit history is less than perfect, sites like On Stride can provide helpful access to finance, albeit at relatively high interest rates.

On Stride didn’t expect you to have a flawless credit file, but as a responsible lender, it did run affordability checks (including a credit search) before approving your application for a loan.

It’s important to compare your options before taking out a loan and to seek the best rates you’re eligible for. While On Stride may have suited some borrowers with poor credit, if you have good credit and can afford the loan you’re after, you should be able to access better rates.

Similarly, if you have bad credit but could find a friend or relative with good credit to act as a guarantor (that’s somebody who promises to pay off the loan if you don’t), then once again, you may be able to access cheaper loans than if you apply alone.

What to look out for when comparing loans

There are a few key features you’ll want to consider when comparing loans.

• 1. Eligibility criteria. Check if you meet the requirements before you apply for the loan.
• 2. Loan amount. Can you borrow the amount you need with this lender?
• 3. Interest rate. Is the interest rate competitive?
• 4. Loan term. Aim for a loan term that gives you monthly repayments you can afford without being too long. Otherwise, you could wind up paying a lot in interest in the long run.
• 5. Fees. Are there any additional fees? Many lenders will charge an “arrangement” or “set-up” fee.
• 6. Repayment options. Can I make overpayments or repay the loan early?

To make sure you get accurate and helpful information, this guide has been edited by Holly Jennings as part of our fact-checking process.

Written by

Chris Lilly

Head of publishing

Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full bio

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