Applying for a One loan is simple. There’s no delay in processing, you don’t have to change salary accounts and you don’t have to get guarantors. We also don’t restrict your use of fund. Use our sliders to decide exactly how much cash you want to borrow and how many months you need it for. We'll show you the full cost of repayment and, once you're happy with everything, click apply. We'll then ask for some personal details and banking information for a quick credit check.

To apply you need:

· Employment in your current job for over one year

· Last three original payslips

· National or State ID

· Proof of employment

· Six months bank statement

· Account details where you want money to be transferred

Failure to stick to your side of the deal

The only way costs will mount beyond our initial calculation is if you don’t keep your promise. In other words, if you ask us to change your chosen repayment date or don’t ensure enough funds are available for automatic collection. If our direct debit collection attempt is declined by your bank - because you haven't ensured enough funds are available - we will do our best to contact you.

How to make new friends (that nobody wants!)

If we still haven't received full repayment as at when due we will use all methods available to us to collect our money including using debt collectors. Our professional collections team will also contact you to discuss the situation. If your circumstances have changed significantly, they will do their best to offer a solution and come to an arrangement that helps you get back on your feet, which is always our goal.

We don't believe in hitting you with multiple charges, like many traditional lenders will, but interest will continue to accrue on your balance. And if you don't work with us and we can't recover the money over a reasonable period, your account may be passed to an external partner.

Continued failure to repay a loan will also mean credit reference agencies (CRAs) will record the outstanding debt. This information may be supplied to other organisations by CRAs and fraud protection agencies to perform similar checks and to trace your whereabouts and recover debts that you owe. Records remain on file for six years after they are closed, whether settled by you or defaulted. Finally, your One trust rating will be affected and you probably won't be able to borrow from us again if you were to need our service in the future.

None of these things are worth risking if you have doubts over whether you will be able to repay a loan comfortably. If that's the case, please don't apply in the first place. We use in house credit metrics and all the public data we can get our hands on to make the best lending decisions possible, but we also urge you to consider the serious nature of the commitment before applying.