About Us
Loans by MAL is a Bournemouth based lender, providing access to unsecured loans since 2020. As a direct lender, authorised and regulated by the FCA, we handle every step of the process ourselves.
We created Loans by MAL to bring a fresh, modern approach to borrowing. By using Open Banking technology, we’re able to understand your financial situation quickly and responsibly, giving you fast, accurate lending decisions without the paperwork or delays. Our approval journey is built to be quick and intuitive, helping you access the funds you need with confidence.
During the past five years, more than 34,000 people have chosen us when they needed a lender they could trust. With a 4.7 Trustpilot rating based on over 1,800 reviews, our customers consistently recognise us for our transparency, speed, and service that genuinely puts them first.
Customer care sits at the heart of our business. Whether you’re applying for the first time or managing an existing loan, our team is committed to making things simple, supportive, and stress‑free. We believe borrowing should feel fair, inclusive and manageable.
Eligibility Criteria
Age
You'll need to be aged between 21 & 72 years old at the time of application.
UK Residency
You must live and work in the UK on a permanent basis.
Income
You'll need to earn a minimum of £1,300 per month after tax from employment, self-employment or pensions.
UK Bank Account
You'll need a UK bank account that supports Open Banking connections.
Why Choose Loans by MAL?
- Loans available from 22.0% APR*
- Quick approval process
- Direct Lender, not a broker
- All online - no documents required
- Rated 'Excellent' on Trustpilot
- 37,500 Customers Helped
*Subject to status. Terms & Conditions Apply
Unsecured Loans up to £5,000
Loans by MAL is a direct lender offering unsecured loans from £1,000 to £5,000, over terms of 9 to 36 months.
We lend to a wide range of customers, using a combination of credit file and open banking data to make responsible and personalised lending decisions.
By using Open Banking technology, we can often help customers who are unable to borrow from banks and other lenders.
To check your eligibility and get your personalised loan offer, complete the first two steps of our online application. Doing so won’t impact your credit score.
If you still have questions, why not check out our FAQs.