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

long term loans with poor credit from Unsecured Loans 4 U


long term loans with poor creditIf you have to borrow money but your rating is low, you may have very few options available to you. When you go to your bank and ask for a long term loan, they will likely turn you down. Even fast cash lenders and those who often have few requirements for borrowing money may reject your application. They are all risk averse, and people with bad history present a risk.
What they may tell you is that you need to have a guarantor sign onto the agreement for you. This takes away that element of risk for them, or at least reduces it. Do you have someone with a good rating and a strong employment history sign as the guarantor, then the lender may feel confident in approving the application. After all, failing to pay the agreement on time, the duty of repaying the finance goes to the guarantor. If you’re rating is strong, then the lender has confidence that they will pay back the instalment on time and in full.

You may not want to ask anyone to be your guarantor though. You might be interested in long term finance, for bad , no guarantor applicants. Having a guarantor on the agreement means you have to ask someone to commit cover your monthly instalments can’t. That’s a lot to ask of anyone, even a close friend or family member. They have financial responsibilities of their own, and they are going to want to look at your financial situation and assess the risk of signing on for you. They may look at your state of affairs even more closely than the bank does.

If you’re unable to cover the month by month payments on time, then your friend will have to take over for you. That can strain your relationship severely, and you might not want to take that risk.

Instead, you may want to look for long term for bad history no guarantor applicants. Your choices are going to be limited. Let’s be clear about that. However, you do have a few options and there will be some lenders who will lend you money, despite your situation. You just have to be willing to do some searching and pay higher than average interest rates. Because of the risk you represent, the lenders will ask that you pay more in interest than someone using a guarantor or someone who has good credit.

Your situation is a risky one for them and you need to understand that. Once you do, you may be more willing to pay those higher interest rates the however arnt guaranteed.

That doesn’t mean that the first you get approved for is your only or best option. It’s okay to shop around and see what a few lenders are offering. That’s the best course of action, but you do need to be aware that your choices will be few and far between.

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 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 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.