Borrow from £100 to £25,000
- Apply For £ 50 - £ 1,000
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- 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
Cheapest Loans For Bad Credit
The cheapest loans for bad credit could enable you to borrow money in your time of need and comfortably make the repayments too. This could really enable you to take control of your financial situation and get it sorted out before it becomes worse. There’s no way a bank is going to lend to you because of your credit score because they refuse to do business with people in those circumstances. It’s a biased system, and there are many people out there who got a bad score because of their ex-partners or unavoidable situations and are paying the price for it. You don’t need to be discriminated against because of your score and bad credit lenders are willing to help you out in your time of need while the banks shut the door on you.
What Are The Cheapest Loans For Bad Credit?
The cheapest loans for bad credit are a type of bad credit loan with the smallest amount of interest involved, hence making it the cheapest. There are a range of loans for people who have bad credit scores and the interest varies on all of them depending on the eligibility requirements and conditions of the loan. Some loans require payment in full the following week whereas others can be paid off slowly over time. The interest will be different for every type of loan so the cheapest loans will have the least interest.
Is This Type of Loan Good?
Just because a loan has the smallest amount of interest doesn’t mean it is your best option. You may be saving money on the interest, but the repayment frequency may not suit you or even be possible in your current situation so the loan may not even be applicable for you. This is something you need to be aware of, and the cheapest loan
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.
Bad credit relevant pages