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    Borrow from £100 to £25,000

    Complete our simple 60 second application form to get the loan you want today.

     

    PERSONAL

    Loans

    N Whole of Market panel
    N Trusted panel of lenders
    N From £1,000 to £25,000
    N Rates from 5.7% to 278%
    N 3-36 month repayment

     

    SHORT TERM

    Loans

    N Online decision
    N Responsible lenders
    N Borrow up to £3,000
    N Rates from 278% to 1576%
    N 3-12 month repayment

    Representative Example: Cash price £7,500. Deposit £0.00. Total amount of credit £7,500.00.

    60 monthly repayments of £137.22 Total charge for credit £733.20. Total amount payable £8,233.20. Interest rate 3.8% fixed. 3.8%APR Representative.

    We are a Credit Broker and not a Lender

    Short Term Loans for People with Bad Credit


    If you are someone whose credit score isn’t very good there are options you have to resolve these at the instant, then you should keep your expectations in check when it comes to applying for loans. You aren’t going to have the same lending opportunities available to you as someone who has good credit would. You will be denied loans by your bank and by other lenders based on your credit history.

    There are still lending opportunities for you, and those are usually going to be shot-term loans or small one. You have to realise that if your credit isn’t very good, then people aren’t likely to offer you loans that will take a long time to pay back. They know that people with bad credit tend to have unstable financial lives, and they don’t want to take the risk of giving them a loan over a long period of time.

    Your best option at that point is to look for short-term, bad credit loans, which you will find with payday lenders or any other kind of direct lender. These are loans that would need to be paid back quickly, usually over a period of a few weeks or months. These are much easier to qualify for than long-term loans, so even your bad credit may not get in the way. If the lender is advertising short-term, bad credit loans, then you already know they are catering to someone with your credit problems.
    You can specifically search for bad credit loans, and you should know what separates them from conventional loans. In general, any loan offered as a bad credit loan will have a higher than normal interest rate and will only be for a short period of time. So often, the lender won’t need to advertise these loans as short-term, bad credit loans, because it is already understood that any bad credit loan would be shot term. There are exceptions, of course, but you will find that most lenders aren’t willing to risk a long-term loan on someone with bad credit.

    Once you do find some bad credit loans that you might be eligible for, you ought to examine them carefully. Make sure you understand the lending terms, particularly when it comes to the interest you will have to pay. Not all of the short-term, bad credit loans will have the same interest, and you should be looking for one with the lowest interest rates you can find. Of course, if you pay back the loan quickly, you don’t have to pay out as much interest. It’s in your best interest to have that loan paid off as quickly as you can. That ensures you don’t make late payments or hurt your credit, if things go bad later.

    Taking on any kind of loan is a big responsibility, even short-term, bad credit loans. You need to come at these with a plan in mind and ensure that you are going to have a way to pay back the loan on time and make those payments when they are due.

    What can I do if I wish to complain?

    Information about complaints can be found in our complaints policy.

    What if I can’t keep up my loan repayments?

    If you can’t keep up with your loan 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 credit file this could make obtaining credit 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.