Looking for a £200 loan? We're here to help

With so many small loan providers and different credit products to choose from, it can often be hard to find the right option for your situation. Even then, approval isn't guaranteed — and if you fail to meet the lender's acceptance criteria, it's back to square one again.

But, at Instant Lolly, we aim to make borrowing money online a straightforward and stress-free experience. We take care of all the hassle for you and help you get approved as quickly as possible.

As an independent broker, we have a large number of direct lenders at our fingertips, offering a broad range of unsecured loan products and each with different acceptance criteria. So, whether you want to borrow £200 for one month or one year, we've got all the bases covered.

The same goes if you have less than perfect credit. We're able to provide loans for all credit histories, so you can still apply for a £200 loan with bad credit or limited credit history.

Need to borrow 200 pounds today? You could get cash sent by 10:46 pm

Our application process is quick and easy. There's just one short online form to complete, and you'll get instant access to every £200 loans direct lender in our panel.

Once your application is submitted, we'll identify the loans that match your criteria, then securely forward your details onto lenders for an immediate approval decision. Everything takes place online, so the process is super-fast.

You can expect a decision back from us in just a few minutes, and if approved, you could get the cash sent as quick as 15 minutes.

Find a loan for £200

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It won't affect your credit score
Representative 669.35% APR (variable)
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£200 loans from Instant Lolly

With Instant Lolly, you get instant access to a wide range of £200 payday loans and short-term loans from top UK finance companies.

Available terms

Most direct lenders providing loans under £1,000 don't extend repayment terms beyond 12 months. So, when applying to borrow a relatively small amount of money such as £200, we advise that you choose a repayment term between 1 and 12 months if possible, as it opens up significantly more options. Longer terms up to 24 months are however available if required.

£200 loan
Borrowing: £200
Loan terms: 1–12 months1
Repayments: £33–£2482
Loan type(s): Payday Loan, Short-term loan
1. Terms available vary by lender. 2. Costs are for illustrative purposes only and your personal quote may vary. See how we calculated these costs.

Flexible borrowing

The repayment period can be adjusted in monthly increments, allowing you to fine-tune the term of your loan to fit your needs and budget perfectly. And, if you decide you need to borrow a little more or less than £200, you can tweak the amount up or down in bite-size chunks of one hundred pounds.

How much does it cost to borrow £200?

The interest rate offered will depend on your chosen loan and your financial circumstances. You can check your eligibility and get your personal rate in just a few minutes by completing our short online form.

Price protection

In the UK, short-term finance of the type we provide is subject to regulatory price caps. You cannot be charged you more than regulation permits — but what does that mean on a loan of 200 pounds?

  • Daily interest and fees will not exceed £1.60 (0.8% of the amount borrowed).
  • Total interest and fees will not exceed £200 (the amount borrowed), no matter how long the term.

Note, these are maximum costs — your personal quote could be cheaper.

Repayment costs: 200-pound loans
Loan Term Repayment Total Repayable
1 month £248 £2481
2 months £138 £276
3 months £101 £304
4 months £84 £335
5 months £73 £367
6 months £67 £4002
9 months £44 £4002
12 months £33 £4002
Costs are for illustrative purposes only. Your personal quote may vary. Examples assume an interest rate of 292% per annum and equal monthly repayments. 1. Based on a 30-day term. 2. Total cost cap applied.


Typically, £200 loans over two months or more are repaid in equal monthly instalments, although this can vary depending on the lender. 1-month loans are paid back in a single payment on the date agreed with the lender — usually your next payday.

Early settlement

Many direct lenders allow early settlement of loans without penalty, potentially saving pounds in interest. If you think you might be in a position to pay off your loan early, check the terms of your loan agreement for details (or call your credit provider) before signing the contract. You can always apply again with Instant Lolly if necessary, and we'll do our best to find you an alternative lender.

Get your personal loan rate

Requesting a quote is risk-free. It won't leave a mark on your credit report, and there is no obligation to accept any offer we show you.

Instant Lolly is always FREE, so you can check your eligibility and get your personal loan rate anytime. Ready to check now?