Borrow from £100 to £25,000
- Apply For £ 50 - £ 1,000
- Fast Payout
- No Fees
- Secure Application
- Available 24/7
- Bad Credit
Whole of Market panel
Trusted panel of lenders
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: 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
Getting A 200 Loan Bad Credit
Getting a loan if you have bad credit can be a daunting and stressful task. If you go to banks and other mainstream lending institutions, then it would almost be impossible to take out a loan unless you secure your loan deal with an asset like your home or car that will serve as collateral. But if what you need is just a small amount of money like £100 or little more, there are plenty of lenders who are ready to cater your need for funding despite your bad credit and one of the easiest options that you can consider is a 200 loan bad credit.
Getting A £200 Loan With Bad Credit
There are numerous lenders, the majority of which operate online, who provide small loans to borrowers with bad credit in the UK. Because the application process they provide is designed to cater emergency situations, completing one is quick and easy; with the money deposited into a borrower’s bank account in a couple of hours after the application is approved. And while the requirements are often lenient and minimal, lenders will typically not entertain borrowers with bad credit if they:
- Have been declared bankrupt in the last 12 months
- Have a CCJ in their name from the last 12 months
- Are currently on a debt management plan
There are also plenty of 200 loan bad credit options that you can easily access in the UK today from payday loans, doorstep loans, to instalment loans. Before applying for one, however, be sure that you have checked the eligibility requirements of the loan and the lender providing it to avoid wasting your precious time on applying for one only to get ejected in the end because you are not qualified.
Getting The Cheapest £200 Loan Bad Credit
To enjoy a 200 loan bad credit that has the cheapest APR rate, there are things that you might want consider first. Remember that the longer the term of your loan the more costly it would be for you in the long run even if it has a low interest rate. Now, if you have already determined a loan term that is ideal for your budget, the next steps that you can do include:
- Ask for a quote from different lenders or use the information provided from an independent comparison site.
- Compare how much a £200 loan with bad credit will cost you in repayments by checking the quote and the details in the comparison site.
- After you have determined the cheapest options, apply for a £200 loan bad credit directly from the lender’s website.
You can also use brokers and other third party sites if you want to make things easier and quicker for you. However, remember that brokers may put up a fee for their service but in exchange for a little compensation, they will be the one to search for possible lenders that match your needs and present circumstances.
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.