Home - mal - loans by mal for Isle of Man residents

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. 



Let's talk numbers

Important Note: For debt counselling advice click here or e-mail debt@gov.im and for fair trading advice click here or e-mail debt.fairtrading@gov.im

How much would you like to borrow? £

Maximum borrowing amount = one month of your current income

For how many months?

Your monthly repayments:

Administration Fee:

Interest to pay:

TOTAL to pay:

Representative APR

Representative Example

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

Finding a short term personal loan can be time consuming when you have a busy day to day working life. By teaming up with loans by mal, we can offer you a short term, unsecured loan equivalent to 1 month of your salary or contract income (if you are self-employed). We will also take into consideration any regular monthly income from other sources. You can secure a loan for a large variety of purposes, with the minimum of fuss.

Choose the amount you want to borrow and your preferred repayment term of 6, 9 or 12 months.  Read our FAQs or contact our friendly team to answer any questions you have.

Why choose mal?

*Terms & Conditions Apply

Apply today

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.

© Monthly Advance Loans Limited.
loans by mal
is the trading name of Monthly Advance Loans Limited. Company Registered in the Isle of Man. Company Number 133047C. Registered Office: 16-18 Finch Road, Douglas, Isle of Man IM1 2PT. Data Protection Act R002085. Registered with the Isle of Man Financial Services Authority and the Isle of Man Office of Fair Trading under the Moneylenders Act 1991. Monthly Advance Loans Limited is a consumer credit lender not a broker.

Privacy Policy | Terms & Conditions | Complaints