Living in today’s world it would be unlikely for any of us to come across someone who has not been affected by debt problems and financial worries. Whether the problems have been solved or are currently on going they do have an impact on our ability to be approved for credit and also out options. All of our credit applications, bank account applications and current financial status are kept on a record and these are used by lenders to assess how likely we are to be ‘good borrowers’.

If you do have a poor credit history there are options available, one such being poor credit credit cards. This type of card is specifically tailored for those who have an issue taking out a credit card provided by mainstream or highstreet lender, they do however have very high interest rates and if you do miss a repayment you can find yourself in significant financial difficulties. Easy Loans Company use a variety of lenders that specialise in poor credit loans, this loan is at a higher rate than mainstream lenders but at a lower rate than poor credit credit cards. At Easy Loans Company we can approve you for a loan that we and you know you can afford each month, these are at a fixed rate. We do not take any upfront fees and can offer you an immediate decision with a no obligation quote. If you can be approved for a poor credit loan you can boost your chances or improving your credit rating and financial profile making it a worthwhile investment.

Article By Beth Gough