Loans like Fund Ourselves

Fund Ourselves offers peer-to-peer short-term loans up to £1,500 over 6 months. Find out what similar lenders have to offer.

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk.

Please note: High-cost short-term credit is unsuitable for sustained borrowing over long periods and would be expensive as a means of longer-term borrowing.

Online lenders that offer similar loans to Fund Ourselves

NameEstablishedLoan types
Fund Ourselves (Welendus) Short Term Loan Fund Ourselves (Welendus) Short Term Loan 2016 Peer-to-peer instalment loans Go to site
Tappily Tappily 2017 Line of credit More info
Creditspring Membership Creditspring 2018 Instalment loans through a membership scheme More info
Lending Stream Instalment Loan Lending Stream 2008 Instalment loans Go to site
SafetyNet Credit Facility SafetyNet Credit 2015 Line of credit More info
Drafty Line of Credit Drafty 2015 Line of credit More info
Polar Credit Credit Line Polar Credit 2019 Line of credit More info
SteadyPay SteadyPay 2017 Instalment loans through a membership scheme More info

A closer look at these lenders

Tappily logo

1. Tappily

Tappily (read review) is a direct lender (not a broker), which offers an ongoing line of credit and could let you borrow up to £2,500. That's £1,000 more than Fund Ourselves but with a lower representative APR of 49.7%. A line of credit is a bit like an overdraft or credit card – you get a personalised credit limit and can borrow as much as you like whenever you like within that limit – so it's always available and, once set-up, is fast and convenient. Tappily is a sister brand to SafetyNet Credit.

Tappily Representative Example: Amount of credit: £900. Interest rate: 0.34% per day for up to 75 days (25.5% (variable) per annum). Representative 49.7% APR (variable).

Creditspring logo

2. Creditspring

Next up, Creditspring (read review) is also a direct lender, which offers instalment loans through a membership scheme of up to £1,000 over longer terms of up to 12 months. That's £500 less than Fund Ourselves but with a higher representative APR of 54.6%. With credit membership schemes, you pay a weekly or monthly subscription fee and can then receive low-interest or no-interest loans when needed. You'll need to have been a member for a specified amount of time (often two weeks) before you can borrow money. You can repay early at any point.

Creditspring representative example: Total amount of credit £1,000 repayable over 13 months. 12 monthly membership payments of £12. Rate of interest 0% p.a. (fixed). Representative 54.6% APR. The first repayment for each advance is £83.35, due 45 days after drawing, followed by 5 monthly repayments of £83.33. Total amount payable £1,144.

Lending Stream logo

3. Lending Stream

Lending Stream (visit site) is another direct lender, which offers instalment loans of up to £1,500 over terms of up to 6 months. That's the same maximum as Fund Ourselves (although for new customers the maximum is £800) but with a lower representative APR of 1,333%. With instalment loans, you borrow for an agreed amount of time at a fixed interest rate, and pay back a set amount each month until the loan is cleared. You'll know in advance exactly how much your loan will cost and when it'll be cleared. You can repay early at any point.

Lending Stream representative example: Borrow £200 for 6 months at a rate of 292% p.a. (fixed). Representative 1,333% APR and total payable £386.61 in 6 monthly payments of £64.44.

SafetyNet Credit logo

4. SafetyNet Credit

SafetyNet Credit (read review) is a direct lender which offers an ongoing line of credit and could let you borrow up to £1,000. That's £500 less than Fund Ourselves (although for new customers the maximum is £500) but with a higher representative APR of 68.7%. SafetyNet Credit is a sister brand to Tappily.

SafetyNet Credit representative example: Borrow £500 at a rate of 0.8% per day for up to 40 days (292% p.a., variable). Representative 68.7% APR variable.

Drafty logo

5. Drafty

Drafty (read review) is a direct lender which offers an ongoing line of credit and could let you borrow up to £3,000. That's £1,500 more than Fund Ourselves but with a higher representative APR of 89.7%.

Drafty representative example: Borrow £1,200 for 12 months at a rate of 65.7% p.a. (fixed). Representative 89.7% APR and total payable: £1627.05 at equal instalments.

Polar Credit logo

6. Polar Credit

Polar Credit (read review) is a direct lender which offers an ongoing line of credit and could let you borrow up to £2,000. That's £500 more than Fund Ourselves but with a higher representative APR of 68.7%.

Polar Credit Representative Example: Amount of credit: £1,200, interest rate: 49.9% pa (variable) and 1.65% transaction fee. Representative 68.7% APR (variable)

SteadyPay logo

7. SteadyPay

Finally, SteadyPay (read review) is our last direct lender, which offers instalment loans through a membership scheme of up to £1,000. That's £500 less than Fund Ourselves but with a lower representative APR of 36.4%. You can repay early at any point.

SteadyPay representative example: Total amount of credit of £1,000. 52 weekly membership payments of £7. Representative APR 36.4% and total payable: £1,364.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

More guides on Finder

  • Finder Lending Innovation Awards 2022

    These awards recognise innovation in the areas of credit cards, loans, mortgages and BNPL. We reveal this year’s winners.

  • Loans like Polar Credit

    Polar Credit is the new short term lender on the block, offering an ongoing line of credit to cover unexpected shortfalls. Discover other companies like Polar Credit, offering innovative short term borrowing facilities.

  • Loans like Tappily

    A list of lenders which, like Tappily, are shaking up the UK short term lending market with innovative credit lines, instalment loans and membership plans

  • Lending Innovation Awards 2021

    These awards recognise innovation in the areas of credit cards, loans, mortgages and BNPL. We reveal this year’s winners.

  • Overdraft statistics

    We find out how often Brits are going overdrawn in the UK and how new regulations are set to shake up the industry.

  • Loans like Credio

    Credio was a popular source of short-term credit online until the lender stopped issuing loans in 2018.

  • Cheque cashing

    If you need to cash a cheque, it can take three days to clear it with a bank. Cheque cashing services give you immediate access to your money.

  • 15 alternatives to payday loans

    If you’re looking for a quick financial fix, payday loans aren’t your only option.

  • Bamboo unsecured personal loan review December 2022

    Bamboo offers fixed-rate unsecured personal loans up to £8,000 without a guarantor.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site