No nonsense short term loans
for Isle of Man residents
We are not a payday loan company. mal offers unsecured loans up to 1 month’s income, helping with one-off purchases and unexpected events. Maximum loan £5,000. Interest rates from 10%*. No guarantor required.
QUICK & EASY APPLICATION PROCESS
WITH FAST IN-PRINCIPLE DECISION
How much would you like to borrow? £
Maximum borrowing amount = one month of your current income
For how many months?
Your monthly repayments:
Interest to pay:
TOTAL to pay:
On an assumed loan of £5,000 over a 12 month repayment period. The total amount payable is £5,665 of which £515 is interest at 10%* and £150 administration fee. Representative 26.44% APR. In this example the administration fee has been added to the loan.
*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 98.83%. The APR may vary based on amount borrowed.
Personal unsecured loans for Isle of Man residents
Why choose mal?
*Terms & Conditions Apply
It’s as easy as 1-2-3 to get your loan.
Unsecured personal loans
loans by mal offers short term, unsecured loans based on your monthly income.
If you have income from other sources then this may be taken into account too.
You can choose to make your payments over a period of 6, 9 or 12 months to suit your circumstances.
For all loans there will be an administration fee starting from £100. This can be paid upfront or added to your loan.
As an existing customer you can apply for our Top Up Loan to borrow more money.
Subject to eligibility we may be able to offer you a top up loan. The top up loan could be additional funding added to your existing loan or treated as a separate loan where you could have 2 loans, running alongside each other depending on your circumstances. There is a maximum of 2 loans for each borrower.
To find out if you are eligible please use the apply now button below.
Any new loan agreed will be subject to an administration fee.