{"id":121809,"date":"2017-12-21T10:42:23","date_gmt":"2017-12-21T18:42:23","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=121809"},"modified":"2026-01-29T06:01:32","modified_gmt":"2026-01-29T06:01:32","slug":"personal-loans-for-part-time-employees","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/personal-loans\/personal-loans-for-part-time-employees","title":{"rendered":"Compare personal loans for part-time employees"},"content":{"rendered":"<\/div>
Late repayments can cause you serious money problems. See our debt help<\/a> guides.<\/div><\/article>

Can I get a personal loan if I work part-time?<\/h3>

Yes, you can still get a loan<\/a> if you only work part-time, but you may need to meet a minimum income requirement to be eligible for a specific loan. Lenders ask you to provide proof of income and employment when you apply for a personal loan, and many will require you to make at least \u00a37,500 per year.<\/p>

Working irregular hours is common, especially if you’re at university, a parent or in a position where your hours change week to week. Unfortunately, lenders may see part time workers as more of a risk because they don’t have a guarantee of consistent work, and are therefore less certain to make their loan repayments.<\/p>

However, if you have part-time employment, don’t fret. It\u2019s important to know that there are still loan options out there for you.<\/p><\/div>

It can be expensive to borrow small amounts of money and borrowing may not solve your money problems if you’re stuck in a debt cycle. If you need help managing bill and debts, contact your collector to see if you can work out a payment plan or contact the MoneyHelper<\/a>.<\/p><\/div>

Am I considered a part-time worker?<\/h3>

There’s no official definition of a part time employee. But generally speaking, a part time employee is someone who works less than 35 hours a week. This could mean someone who works 10 hours per week or 34 hours a week and still be considered a part-time employee.<\/p>

Part-time employees typically work on contracts and bill their employers by the hour. They also might not be able to take advantage of benefits that full-time employees enjoy \u2014 such as health insurance.<\/p>

You can typically get an unsecured personal loan for an amount between \u00a31,000 and \u00a325,000 \u2014 though some lenders might offer amounts as high as \u00a350,000 for existing customers with excellent credit profiles. Personal loans are typically repaid over terms of 1 to 7 years.<\/p><\/div>

How to get approved for a loan as a part-time employee<\/h3>

Here are some tips to increase the chances of your application being successful:<\/p>