Welcome to Loans for People with Bad Credit
the site for people who need credit but find getting it difficult. Find information on a range
of bad credit loans types and lenders here!
Loans for People with Bad Credit - Click Here To Compare Bad Credit Loans >>
Bad Credit Loans - they do what it says on the tin don't they? Well in a way, yes. Loans for people with bad credit are offered by specialist lenders or brokers who take on applicants who have been refused credit elsewhere - these are essentially loans for people with bad credit. You might have been refused on the high street or from mainstream online lenders – the application is refused because of a not-so-perfect credit rating. If this is the case you should look into loans for bad credit.
Bad Credit loans lenders take on all types of borrowers, including:
- people with a poor credit rating
- people who have had County Court Judgements (CCJs)
- people who have been blacklisted
In some cases, the bad credit loans lender will even take on unemployed applicants or those with no credit rating at all - as long as they are a UK resident. So how do loans for bad credit work?
Quite simply: the applicant fills out a simple online application form and the lender or broker will look at this and be able to offer a loan. Some bad credit loan lenders will offer both secured and unsecured loans - check this in advance. If you are looking for loans for people with bad credit you should find one here.
In most cases, poor credit loan applications go to a loans broker who can scour the market, assessing a large number of lenders to find the best deal.
LATEST NEWS
Manage Your Finances Even If All Hope Has Gone
27 March 2012 - Loans For People With Bad Credit
Sometimes in life we hit a brick wall with our finances. We lose a job or we have an unfortunate break up of a relationship...
| COMPANY | REPRESENTATIVE APR | AMOUNT | MINIMUM | MAXIMUM | TERMS & CONDITIONS | SUITABILITY | SECURED LOANS | APPLY |
First Choice Capital
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Varies | £100 - £2,500 | 12 Months | 60 Months | See website for terms and conditions | People with poor credit rating | No |
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| First Choice Capital Resources is designed to match the right products and services to suit your needs and present them to you on a continuing basis. It is free to apply and you can borrow between £1,000 - £15,000. Complete your online profile and you will receive access to the product and services First Choice Capital Resources provide. Representative Example: Not available. | ||||||||
Wentworth Direct Finance Loan
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22% | £1000-£15000 | 12 Months | 60 Months | Note you must be employed or self empoyed to be eligible. Typical 22% APR. Wentworth Direct Finance loans are not available to persons under the age of 18. | All borrowers - even with bad credit history, been refused elsewhere, been blacklisted or have CCJs. | No |
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| With a quick online application form and lending anything up to £15000 to individuals with poor credit histories, Wentworth Direct has created a “no frills” lending bad credit loan system. Type in you employment details and the amount and length of time you plan on borrowing in to Wentworth Directs no- obligation application form to see what’s on offer. Representative APR: Borrow £3000 and pay £114.57 per month for 36 months. The total charge for credit is £1124.52. The total repayable is £4124.52. Address: Wentworth Direct Finance, FREEPOST SEA9712, Gravesend, Kent, DA13 0BR, UK. | ||||||||
Loan Port
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53.9% | Up to £ 50000 | 1 Month | 120 Months | You must be 18 or over and employed. | For all borrowers, including those with very bad credits and self emplyoyed. | No |
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| Loan Port has tailored a service that will save you time and money. Simply type in a few basic personal details in to Loan Port’s no obligation online application form and Loan Port will generate a choice of loan products which suit the situation. Loan Port endeavours to find the best loan for you and not for the lender! Representative APR: A £3000 loan borrowed over 36 monthly repayments would be approximately £151.20 per month with a fixed APR of 53.9%. The total amount to be repaid would be £5442.86. | ||||||||
The Finance Facility
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19.6% | £1000 - £15000 | Ask on application | Ask on application | You must be employment and aged 18 to 65 years. | All borrowers - even with bad credit history, been refused elsewhere, been blacklisted or have CCJs. | No |
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| The Finance Facility endeavours to find a loan company that is best suited to your needs. With over 200 lenders to choose from The Finance is sure to find a company that is best suited to you. The Loan companies Finance Facility deal with have a more sympathetic attitude to those with less than perfect credit histories. Borrow up to £15000. Total Amount of Credit: £5000; Representative APR: 19.6%; Duration of Agreement: 60 months; Total Charge of Credit: £2881.60; Total Amount Payable: £7881.60 Address: The Finance Facility, Netherley Road, Prescot, Merseyside, L35 1RG | ||||||||
Purple Payday
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1286.1% | £80- £1000 | 1 Week | 1 Month | Applicants must earn at least £750 per month and be in full time employment. Payment should be within 31 days | People looking for a fast 30 day payday loan | No |
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| Purple Payday accepts almost 100% of applicants for payday loans. Receive instant approval on your application and receive your fast cash salary advance in your bank account in as little as one hour. Representative Example: Total Amount of Credit: £160; Representative APR: 1286%; Duration of Agreement: 31 days; Total Charge of Credit: £25; Total Amount Payable: £185 | ||||||||
Cash Advance Match
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6.9% | £750 - £25,000 | 12 Months | 60 Months | Depends on loan type - fill in online form and you will be given your choices. | All borrowers - even with bad credit history, been refused elsewhere, been blacklisted or have CCJs. | Yes |
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| Cash Advance Match is the bad credit loan company who can keep you out of the cold this season with loans of up to £25,000. Their application process is short and simple and even if you have a bad credit rating they can still provide you with a loan. Representative Example: Representative 6.9% APR for loans between £7,000 and £15,000. For example, if you took a loan for £10,000 with a Representative APR of 6.9% fixed and an annual interest rate of 6.9% you would pay £196.56 per month with a total charge for the credit of £1,793.43 making the total amount you repay of £11,793.43 | ||||||||
Save Simply
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Varies | £500 - £25,000 | 12 Months | 25 years | The Partners will contact you with loan information. Please note that such information should not be used as the sole basis for your loan decision, and may not meet your particular needs. | Poor credit borrowers, retired, self employed or unemployed | Yes |
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| Savesimply.co.uk specialise in loans from £500 - £25,000 and work with some of the top lenders. You can make a FREE no obligation enquiry into obtaining a loan for any purpose. They have a 100% secure and confidential application process so apply online today. Representative Example: Not available. | ||||||||
