Borrow from £100 to £25,000
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- Bad Credit
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From £1,000 to £25,000
Rates from 5.7% to 278%
3-36 month repayment
Borrow up to £3,000
Rates from 278% to 1576%
3-12 month repayment
Representative example: £500 borrowed for 5 months. Total amount repayable is £991.85 in 5 monthly instalments of £198.37. Interest charged is £491.85, interest rate 236.1% pa (variable). Representative 481.6% APR.
Bad debt loans no credit check
Unsecured Personal Loans Bad Credit No Credit Check
Getting unsecured personal loans with bad credit and no credit check can be a good option for many people who have a bad credit score and are unable to obtain money from other sources. It’s no secret that the banks are biased and pass judgment on people with bad credit scores regardless of their income level and ability to make loan repayments. This can then leave many people in a situation where they may become destitute and have nowhere to turn. Luckily, there are lenders who specialise in bad credit loans, and they are responsible for helping countless people get access to the funds that they so desperately needed. In a hurry to apply? You can get loans instant decision from us with just a simple online application.
What Are Unsecured Personal Loans Bad Credit No Credit Check?
This is a type of loan that doesn’t have any collateral offered on your part, so they are not secured. They are also for people who have bad credit, and there is no credit check performed. The repayment terms could be agreed upon between you and your lender, and they could be weekly, biweekly, or monthly.
How Could This Type of Loan Benefit Me?
People can get into debt for a variety of reasons, and these lenders know this. Just because someone has a bad credit score doesn’t necessarily mean that they are incapable of making loan repayments. Someone may have been involved in an accident which resulted in a trip to the emergency room and they were stuck with a huge medical bill they couldn’t cover. Unforeseen circumstances such as this has led many people to getting into debt and then resulting in non-payments and a bad credit score.
The good thing is that these lenders know that getting a bad credit score is easy and isn’t always the person’s fault either. If you have bad credit because of a situation similar to the one above or even if it was just because you made some poor financial decisions years ago then this type of loan may be perfect for you. The best benefits of getting this loan would be to pay off some of the debt you have now or to cover an expense which has arisen out of the blue. It’s very common for a car or home to require urgent repairs and not everyone has the cash just lying around to cover the cost.
If you are getting a small loan but are actually looking to get a much larger amount over a longer term period but are concerned that you will be refused due to your bad score then you do have other options. By getting a close friend or family to step in as a guarantor you can minimise the risk to the lender and add security to your finances which in turn should reduce your interest rates making for a more affordable alternative. For a fast turn around and quick cash injection but with added security then visit our guarantor loans instant payout page for relevant information.
So Should I Get One?
Financial problems more often than not don’t just disappear, so you need to take action. Even a small bill can quickly become bigger if there is interest or late fees attached and then all of your other bills are going to pile up on top of that. Getting an unsecured personal loan for bad credit with no credit check could be your best option here, and it will enable you to get access to cash fast. The whole process is incredibly simple, and it just requires some basic documents and you to fill out a questionnaire or have a discussion with your lender. So, act now and get access to the funds that you need and get started on living your life without a financial burden.
What if I can’t keep up my repayments?
If you can’t keep up with your repayments you must contact your moneylender immediately and advise your struggling with the monthly installments some companies will adjust your monthly installments to reflect what you can afford to pay back on a monthly basis please note that this can also extend your term of the agreement and probably the amount of interest that you end up paying back. You’re never advised to just stop paying your agreement as this may result in interest being charged on the agreement and missed payments showing on your file this could make obtaining further down the line a lot more difficult.
What do i do next?
Next is the fun bit you need to click on the apply button and fill out our simple online form designed to make sure the whole application as smooth and pain free as possible. The whole application process from start to finished shouldnt take you longer that 3 minutes its as simple as you can get.
*Subject to lender approval and requirements.