Bad
Credit Loans
If you have bad credit…
Bad credit personal loans are available for applicants
who have a less than perfect credit history. If you are
not sure of your credit rating, you can obtain a copy
of your file from a credit reference company, such as
Equifax and Experian. Or similarly, if you have been refused
credit, and aren't sure why. Most companies have different
rates that can be very high for a lot of people to pass.
Credit ratings take into account your employment, accommodation
history and past repayment tendencies, for example, did
you ever miss payments or pay your bills late? All these
are taken into consideration when you apply for credit.
People can get bad credit due to missed or late payments
of bills or mortgage arrears. This can make it hard to
obtain credit in the future from mainstream lenders; however,
there are reputable companies who can help. If you have
bad credit and you require a loan, be prepared to pay
a higher interest rate. This is because companies will
do a credit check when you apply for a loan. Until you
have a few years of borrowing where you pay regularly
and on time, you will have to pay a higher interest rate.
Bad
credit loans will usually have a fixed interest rate
(although it may be quite high due to your credit history)
and are repayable on a monthly basis. You should make
sure that you are definitely able to repay the loan
including the interest as you will want to repair your
credit history, not make it worse by taking out a loan
and not being able to pay it back.
We're committed to providing a fast,
efficient personal loan, remortgage and mortgage service
online.
Apply today and you'll see what we mean, acceptance in principle in 24 hours*.
We really do try hard to say, YES!
Problems finding a loan or mortgage!
If you've had problems in the past or have been turned down elsewhere for any reason we'll be pleased to help.
Click on the menu bar for the product you require or check out the repayments
LOANS
SECURED ON YOUR HOME. THINK CAREFULLY BEFORE SECURING
OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED
IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY
OTHER DEBT SECURED ON IT.
12.8% APR Typical Variable
Written quotations on request - Loans available only
to homeowners or mortgage payers
Applications and emails are usually responded to within 24 hours or the next working day.*
Personal Loans: £5,000 to £100,000
- Homeowner and mortgage payers only.
Mortgages: Minimum amount £25,500
no upper limit set up costs legal and admin fees apply,
usually added to capital
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