Bad Credit Loans

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Loans for Homeowners and Tenants.
Good or bad credit applications welcome. No upfront fees*
Loans for Homeowners and Tenants.
Good or bad credit applications welcome. No upfront fees*
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No upfront fees to help you find a loan*

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No upfront fees to help you find a loan*


Bad Credit Loans: 3 Reasons to choose Easy Loans Company


The term 'bad credit' is used within the finance industry, it describes customers that may be a high risk to lend money to. Being labelled as having 'bad credit' can occur when you have no borrowing history, and therefore lenders have no idea whether you are responsible when it comes to repaying your debt. Another reason is that you have history on your credit file showing that you have struggled to make repayments on previous debts. All in all having a bad credit score or bad credit history means that you will be limited in the amount of finance options available to you. The term 'bad credit loans' is often used in search engines by customers with bad credit that are looking for loans. It's important to know that if you are looking for a 'bad credit loan' that you need to determine the cause of your bad credit rating. If you simply have no credit history, it could be possible that you are able to afford a loan, however if you are searching because you are struggling with your debts, it is likely that you will continue to be refused for a loan, and it may be that you could benefit from an alternative debt solution.

When it comes to loans available for someone with bad credit the APR varies from lender to lender. The APR is a signal for how much you repay in relation to the amount you borrow over time, usually the higher the APR the more expensive the finance is to repay. This does not mean that it is either the right or wrong thing for you but you should always consider the total overall cost and whether this is affordable for you.

 
 

We'll help you find the best bad credit loans considering your personal circumstances. We apply no upfront fees and a no obligation quote.



Unsecured Loans

Representative 35%APR
(many people may receive a lower rate than this)



Secured Loans (Homeowner)

Typical 13.89%APR Variable
(many people may receive a lower rate than this)
Rates from just 7.9% to 22.0% APR

Complete our simple application form to find the best bad credit loans for you

* denotes a required field.

1About the loan

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2About you

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3Your contact details

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I accept the terms and conditions

*Please think carefully before securing loans and other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. **All rates vary subject to loan amount, loan type and status. Repaying your debt over a longer period of time may increase the amount you pay. WARNING - LATE REPAYMENTS CAN CAUSE YOU SERIOUS MONEY PROBLEMS. FOR HELP GO TO MONEYADVICESERVICE.ORG.UK.

Why Apply For A Loan From Easy Loans Company?

A major frustration when you find out that you have ‘bad credit’ is the fact that you will be limited in terms of lenders that are likely to approve you for a loan at a low interest rate. This is because your bad credit rating implies that you are a risk to lend to, lenders have to safe guard themselves in the event that you fail to repay the amount borrowed. Because of this they often approve loans at a higher interest rate, meaning that in the end you pay back significantly more that you originally borrowed. Being approved for a loan when you have bad credit and paying it back on time can show future lenders that you are a responsible borrower, opening the door to more conventional loan deals, at lower interest rates in the future.

Lenders are aware that people with bad credit are searching for loans, and that those affected by a bad credit rating due to past circumstances may now be in a position to afford the loan and repay on time.

When it comes to loans available for someone with bad credit the APR varies from lender to lender. The APR is a signal for how much you repay in relation to the amount you borrow over time, usually the higher the APR the more expensive the finance is to repay. This does not mean that it is either the right or wrong thing for you but you should always consider the total overall cost and whether this is affordable for you.

 

We pride ourselves on being able to cater for all types of people in need of finance, our broker will look at your current circumstances, things like your income and monthly outgoings to determine how much you can afford to borrow. In addition, we won’t charge you any upfront fees.

What Does It Mean If You Have ‘Bad Credit’

Bad credit is a term used to describe you if you have failed to repay loans or credit cards in the past. Nearly every bit of financial history you have when borrowing money is stored on your credit file, giving you an overall credit score This score is what lenders refer to in order to determine wither or not you are suitable to lend money to. Some people also have a low score if they have had little or no borrowing history.

More often than not people who are considered to have a ‘good credit score’ are people who have:
A good history of borrowing money and making repayments on time
No history of bankruptcy
Registered as living at an address
Employed with a steady income

As a guide, if the above doesn’t sound like you then you may find you run into difficulty when trying to borrow conventional loans. For more information on your credit file, it is recommended to check the credit reference agency websites (Experian, Equifax or Call Credit) where you can access your credit file to get an idea of your credit score so you can determine what type of loan you are more likely to be approved for.

Use the online application form above to fill in your details. It’s really important that you provide us with the most accurate information as failing to do so could harm your application.

Apply today

THE GUIDANCE AND/OR ADVICE CONTAINED WITHIN THE WEBSITE IS SUBJECT TO UK REGULATORY REGIME AND IS THEREFORE PRIMARILY TARGETED AT CUSTOMERS IN THE UK.

PLEASE THINK CAREFULLY BEFORE SECURING LOANS AND OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. SECURITY MAYBE REQUIRED.
ALL LOANS ARE SUBJECT TO AN ASSESSMENT AND CREDIT APPROVAL.
ALL RATES VARY SUBJECT TO LOAN AMOUNT, LOAN TYPE AND STATUS.
REPAYING YOUR DEBT OVER A LONGER PERIOD OF TIME MAY INCREASE THE AMOUNT YOU PAY.
WARNING – LATE OR MISSED PAYMENTS CAN CAUSE YOU SERIOUS MONEY PROBLEMS AND COULD SERIOUSLY AFFECT YOUR CREDIT RATING. FOR HELP GO TO MONEYADVICESERVICE.ORG.UK.

EASY LOANS COMPANY ACT AS A BROKER PROCESSING THE INFORMATION THAT YOU PROVIDE TO US AND PASS THIS ON TO OUR LIMITED GROUP OF THIRD PARTY LENDERS AND BROKERS.
WE DO NOT CHARGE A BORROWERS FEE FOR THE USE OF OUR BROKERAGE SERVICES, HOWEVER WE DO RECEIVE COMMISSION FROM LENDERS (OR OTHER BROKERS) WHEN BORROWERS SIGN INTO A CREDIT AGREEMENT FOLLOWING AN INTRODUCTION THROUGH THE EASY LOANS COMPANY WEBSITE.
IN THE CASE OF SECURED LOANS THE FEE RECEIVED MAY BE UP TO 7%. TELEPHONE CALLS FROM UK LAND-LINES ARE USUALLY FREE, HOWEVER CHARGES VARY FROM MOBILE PHONES SO PLEASE CHECK WITH YOUR NETWORK PROVIDER. CALLS MAY BE RECORDED FOR TRAINING AND MONITORING PURPOSES.
AS OPERATOR OF THIS WEBSITE, EASY LOANS COMPANY IS NOT AN AGENT OR REPRESENTATIVE OF CONSUMERS OR ANY LENDERS AND THEREFORE DOES NOT ENDORSE THE SERVICES OFFERED BY SPECIFIC LENDERS.
THE GUIDANCE AND/OR ADVICE CONTAINED WITHIN THE WEBSITE IS SUBJECT TO UK REGULATORY REGIME AND IS THEREFORE PRIMARILY TARGETED AT CUSTOMERS IN THE UK. FOR MORE INFORMATION ON HOW WE HANDLE YOUR DATA SEE OUR PRIVACY POLICY [ *FOR FURTHER DETAILS ABOUT EASY LOANS COMPANY SEE OURTERMS AND CONDITIONS

EASY LOANS COMPANY IS A TRADING NAME OF NATIONWIDE DIRECT FINANCIAL LIMITED. AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY. WE ARE AUTHORISED TO UNDERTAKE CREDIT BROKERAGE AND INTERMEDIATION ACTIVITIES, WHICH EFFECTS INTRODUCTIONS BETWEEN BORROWERS AND LENDERS AS WELL AS OTHER BROKERS, FOR THE PURPOSES OF ENTERING INTO LOAN AGREEMENTS. COMPANY REG NO: 05999918. REGISTERED OFFICE: 84 PRINCESS STREET, MANCHESTER HOUSE, MANCHESTER M1 6NG. DATA PROTECTION REG NO: Z9808421. INTERIM FCA REG NO: 596464. © NATIONWIDE DIRECT FINANCIAL LTD 2012. ALL RIGHTS RESERVED

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