A credit line that adapts to your life.
Get a credit line between £1,000 and £10,000. Draw down what you need, when you need it. As you repay, your available credit refreshes. Ready to use again.
Checking your eligibility won't affect your credit score
Representative APR 24.9% variable. Subject to status. UK residents 21+. T&Cs apply.
Apply once. Use it however you need.
Your credit line is yours to use in the way that suits you. Five steps to get going.
Download and apply
Download the Cred app and apply. It takes a few minutes. Checking your eligibility uses a soft search and won't affect your credit score.
Get your credit limit
If approved, you'll receive a credit limit between £1,000 and £10,000. Your limit is based on your individual circumstances.
Draw what you need
Draw money directly to your linked bank account. There's no pressure to use your full limit. You only pay interest on what you actually borrow.
Repay at your pace
Pay off your balance monthly, or fix payments with an instalment plan. You're in control of how you repay.
Your credit refills as you repay
As you pay down your balance, that credit becomes available again. One limit, ready to use again and again.
One credit line. Many uses.
Like a loan
A fixed amount. A flexible term.
Borrow larger amounts of money with structured monthly payments. Change the term whenever life changes, no fee.
- Borrow up to £10,000 in one transfer
- Up to 48 months
- Shorten or stretch the term any time
- No early repayment charge
Representative example: if you borrow £1,000 over 12 months at a (variable) rate of 24.9% per annum, your representative APR will be 24.9% APR. Monthly repayments £93.81. Total amount repayable £1,125.68. Total cost of credit £125.68. Extending your term will result in an increase in total cost of credit.
Learn about Flexible LoansLike a credit card
Spend with ease. Repay your way.
Spend on your digital credit card via Apple Pay and Google Pay, wherever you shop.
- Apple Pay and Google Pay compatible
- Draws from your existing credit limit
- Repay in full or setup an instalment plan
- One rate. No hidden fees.
Like a line of credit
A line of credit. Always there.
Keep your credit limit available for whenever you need it. Draw only when something comes up. Pay it off, and it's there again.
- Apply once, use again and again
- Only pay interest on what you draw
- Credit refreshes as you repay
- Account stays open if you repay in full
One credit line. Many uses.
Like a loan
A fixed amount. A flexible term.
Borrow larger amounts of money with structured monthly payments. Change the term whenever life changes, no fee.
- Borrow up to £10,000 in one transfer
- Up to 48 months
- Shorten or stretch the term any time
- No early repayment charge
Representative example: if you borrow £1,000 over 12 months at a (variable) rate of 24.9% per annum, your representative APR will be 24.9% APR. Monthly repayments £93.81. Total amount repayable £1,125.68. Total cost of credit £125.68. Extending your term will result in an increase in total cost of credit.
Learn about Flexible LoansLike a credit card
Spend with ease. Repay your way.
Spend on your digital credit card via Apple Pay and Google Pay, wherever you shop.
- Apple Pay and Google Pay compatible
- Draws from your existing credit limit
- Repay in full or setup an instalment plan
- One rate. No hidden fees.
Like a line of credit
A line of credit. Always there.
Keep your credit limit available for whenever you need it. Draw only when something comes up. Pay it off, and it's there again.
- Apply once, use again and again
- Only pay interest on what you draw
- Credit refreshes as you repay
- Account stays open if you repay in full
Your rate. Shown upfront.
Your rate and credit limit are set at application and depend on your individual circumstances. Shown before you commit to anything.
- Representative APR
- 24.9%
- variable
- Credit limit
- £1,000 – £10,000
- subject to status
Built around you.
Four things every Cred customer gets, whichever way you choose to use your credit.
Transparent.
One interest rate. No hidden fees, no late payment charges, no surprises.
Flexible.
Repay in a way that suits you. Set your term, change it if you need to, and repay early at no additional cost.
Same day funding.
Get approved and access your credit line in under 24 hours. Subject to status and individual circumstances.
Free credit score.
Monitor your credit score and the factors affecting it, for free, directly in the Cred app.
Credit Line FAQs.
No. A traditional loan gives you a fixed amount that you repay over a set term. A credit line gives you a limit you can draw from, repay, and draw from again. With Cred, you can also fix a draw-down as a structured instalment plan if you want the predictability of a loan.
Checking your eligibility uses a soft search and won't affect your score. A full application involves a hard credit check, which is recorded on your credit file.
Funds are transferred to your nominated bank account via Open Banking. You can also spend straight from your credit limit on the digital credit card.
Yes, at any time, with no fee. Any amount you repay becomes available to use again.
If you've set up an instalment plan, you can adjust the repayment term from the app at any time with no fee. If you're struggling, it's worth getting in touch early. There are options to help.
Cred is available to UK residents aged 21 to 75 in full-time employment. Free from bankruptcy or insolvency in the last 36 months and no CCJs in the last 12 months. All applications subject to status and affordability checks.
Don't take our word for it.
“Hassle free lending and flexible ways to draw down for those unexpected expenses. Much more flexible than a loan.”
“Fast, efficient and effective process. I received my payment in less than 10 minutes.”
“Simple and straightforward application process, money landed in my bank account in minutes.”
“Everything is easy and simple and very helpful. Highly recommended.”
Ready to get going?
Check your eligibility in a couple of minutes. Won't affect your credit score.
Subject to status. UK residents 21+. T&Cs apply.