The Key Benefits of Street UK

Need a loan urgently?

You may feel like you have a lot of options. However, the most common loan solutions can come with serious drawbacks, and a short term microloan might leave you in more debt than you started with.


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For over twenty years Street UK has been offering a short term loan alternative to those who might not be able to get credit elsewhere in the West Midlands. We are responsible and ethical lenders who offer security and benefits to those who borrow from us.

So what are the key benefits to taking out a Street UK loan over other similar loan providers?

Key benefits

  • Responsible Lending

    Our prices are fair and responsible.  Charges only cover the cost of delivering the service to the local community. We have branches in Birmingham, Walsall and Wolverhampton in the West Midlands and our reputation as a community lender is of great importance to us.

  • No penalty interest

    We do not charge any penalty interest. We work with our customers before the loan is delivered to ensure they can pay it back in a way that suits them. If you do not pass our affordability test, we won’t be able to lend to you. We will, however, try to assist you in other ways.

  • Flexible repayment options

    We are able to take repayments to suit you, either weekly, fortnightly, four-weekly or monthly. It is important to us that all our customers are comfortable with their repayment plan.

  • Budgeting advice and support

    During and after the application process we will provide you with useful advice and tips on how to manage your money more effectively. We may also direct you to organisations that specialise in budget support.

  • Cheaper than payday loans and doorstep loans

    As a not-for-profit social enterprise, our charges only cover the cost of providing the service to you. We are also a direct lender, not a broker, which means we can offer loans with no unfair charges or costs.

  • No continuous payment


    We do not use Continuous Payment Authority (CPA) to process your repayments.  All our loan repayments are taken via direct debit, affording you peace of mind and no surprises. You will always know when the next payment is due and how much it will be.

Are you on benefits and in need of a loan today from a direct lender?

We often see customers contacting us about having bad credit or being on benefits and wondering if they can still take advantage of our direct loans. The answer is it’s likely that you can, but not confirmed.  

You’ll need to speak to one of our members of staff to ensure that you are doing the best thing for yourself financially and being financially responsible.  

The Street UK benefit calculator can help you realise if you’re getting the support you need from the government. We offer a quick calculator and a more in-depth calculator that could provide you with better insight into the money you should be receiving.  

Unfortunately, we do not currently offer a universal credit calculator however you can use the Governments benefit/universal credit calculator. 

None of the information put into either benefit calculator will be held into account when looking at microloan or other loan applications. 

Ready to apply?

If other loan options do not suit your situation, or you feel a Street UK is the best solution, why not fill out our loan application to see how we can help you?