Affordable loans

Loan instalment

You can choose to make your repayments over a period up to 24 months, to suit your circumstances.

Borrow from £1000 - £5000


Taking a loan of £2,000 on an instalment repayment plan to be repaid over a 12 month period.

You receive funds into your bank account and will start the repayments on the agreed date.

How much can I borrow?

We base the amount you can borrow on your monthly income, plus any other regular monthly income, with a minimum loan of £1,000 up to a maximum loan of £5,000.

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It's as easy as 1-2-3 to get your loan

If you wish to proceed with taking out a loan, please click on ‘Start your application’ button below. You will be asked your loan amount, repayment term, as well as providing some personal details.

Start your application

Using the details you have supplied, we will run checks to see if we can accept your loan application.

Start your application

Once you have signed your application and verified your online banking, we will be in touch for a quick 5-10 minute call to discuss monthly repayments.

Start your application

Let's talk numbers

Loan calculator – mal

Important Note: Late repayments can lead to serious money problems. For debt counselling advice please visit

How much would you like to borrow? £

Maximum borrowing amount = We base the amount you can borrow on your monthly income

For how many months?

Your monthly repayments: £142.82

Representative APR: 50.4%

Interest to pay: £1,227.68

TOTAL to pay: £3,427.68

Representative Example: on an assumed loan amount of £2200 over a 24 month repayment period. Rate of interest 27.9% per annum (fixed). Representative 50.4% APR. Total amount payable is £3,427.68 of which £1,227.68 is interest, 24 monthly repayments of £142.82.

*The calculator is for illustrative purposes only. The rate is subject to change and the representative APR may not be the rate you will receive. We will offer you a rate based on our assessment of your personal financial circumstances including your credit score. The maximum APR you could be offered is 92.4%. The APR may vary based on amount borrowed.

Borrow from loans by MAL

We make loan decisions on affordability and creditworthiness

Our loans have a maximum 24 month term

Before you sign the agreement you will always know what you will repay and the terms

Our loan calculator will provide you with an indication of monthly repayments

Personal loan FAQs

Loan FAQs

For our full list of FAQs, please click here

An unsecured loan is not secured on any asset. It does not require a guarantor. Your loan will be confidential in so far that you don’t have to discuss it with anyone, other than us to make an application to borrow from loans by mal.  

We base the amount you can borrow on your monthly income, with a minimum loan of £1,000 up to a maximum loan of £5,000. We can lend up to 2x your income. This can include your salary, self employed income and your pension. 

No. Your repayments are fixed throughout the term of the loan. This gives you the security of knowing at the outset what you are paying each month. 


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