Loans with Bad Credit

Home / Loans with Bad Credit
Secured and Personal Loans
We are a licensed credit broker, not a lender.
Loans for Homeowners and Tenants
We are a licensed credit broker, not a lender.

No upfront fees to help you find a loan*

No upfront fees to help you find a loan*


Loans - Can I Apply With A Bad Credit Rating?


Having bad credit is a huge problem for you when you need to borrow money from conventional lenders as you will more than likely find that your application will be rejected. Turning you credit score around is sometimes really difficult to do as one of the ways that you can prove you can repay money is to first borrow money.

That's where a loan designed for those with a bad credit history application could help solve your frustrations as it can give you a platform to help you to secure the finance that you need. Whilst you may pay more APR than you would with a loan offered to those with a good credit rating, it is the price you pay for having a poor credit rating. There are many lenders that consider applications from those with a bad credit history, however it is really important if approved that you make sure that you keep up your monthly repayments a failure to do this will an adverse effect on your credit rating.

 
   

Before applying, please consider the following;

  • Read all documentation carefully before signing
  • Ensure you understand the nature of the obligations you will take on and the resulting risks
  • If unsure please obtain independent advice or take time to consider if this is right for you
  

We'll help you find the best loans with bad credit. We apply no upfront fees.

Complete our simple application form and we will try and match with a lender who considers bad credit

* denotes a required field.

1About the loan

£

2About you

£
£
£

3Your contact details

4Financial Information

£
£
£
£
£

I accept the terms and conditions

Loans with Bad Credit Can You Get A Loan or Not !

Most people need the ability to borrow money from a lender such as a bank, however these days the banks are more cautious about who they lend money to, being less flexible on those who have a bad credit rating. In this article we will take a look at some of the aspects to take into consideration when applying for loans with bad credit.

When you apply for loans with bad credit, the lender will take several factors into consideration. This includes the credit file that you have and will involve checking credit reference agencies including companies such as Callcredit and Equifax. These companies all hold information about a credit reference, including credit card usage and mortgage, as well as other information.

When you apply for loans with bad credit, the lender will gather information about your credit history from these companies and will use this information to give you a credit score. The score can differ, according to the company that is involved. This means that you may be more successful with one bank than with another, as a scoring system may be harsher, depending on who is using it.

People with a bad credit rating are less likely to get a personal loan, and if an application is approved it is likely to come with a higher interest rate. It is therefore important to compare different personal loans that are available, as they can be expensive for those that use them. Those with a bad track record for loans should think carefully before taking out the loan. If you need need advice about this matter, you can speak to organisations such as the Citizens Advice Bureau, who will help with any information regarding the issue.

There are several ways to avoid worsening a bad credit score. One of these is to avoid too many applications for loans, as this will show up on your track record and will show new lenders that you have recently been declined a loan. It is also a good idea to be on top of a debt situation and to pay any outstanding debts in time, as this will also be visible to lenders. If they see that someone with a bad credit rating is managing to pay back a personal loan on time, they will see that the person is in control of their spending and are more reliable.

Debt Consolidation can be a good option for those that are suffering from debt issues. This involves taking all the debts and consolidating them into one debt, making it more manageable. Some companies that manage debt consolidation will take a fee for their services. A number of people  have found this to be a good way in which to resolve a complicated debt problem.

Bad Credit loan Application

Reviewed by on

Trustpilot reviews for the latest 4 reviews on easy loans apply page

Rating: 4.66 out of 5

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 OUR TERMS AND CONDITIONS)

www.easyloanscompany.co.uk is a registered Trading Name of Nationwide Direct Financial Limited which is an Introducer Appointed Representative of Quint Group Limited, and is entered on the Financial Services Register under reference number 723650. Quint Group Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number: 669450. Nationwide Direct Financial Limited is registered in England and Wales (Company number 05999918), Registered Office; Manchester House, 84 Princess, Street, Manchester, Greater Manchester, M1 6NG. Licenced by the Information Commissioners Office, (registration number Z9808421).
The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details on the FOS can be found on its website at www.financial-ombudsman.org.uk.

PERSONAL LOANS | UNSECURED LOANS | CONSOLIDATION LOANS | SECURED LOANS | DEBT CONSOLIDATION LOANS | SHORT TERM LOANS | LOAN CALCULATOR | QUICK LOANS | LOAN | LOANS FOR PEOPLE WITH BAD CREDIT | POOR CREDIT LOANS | LOANS FOR POOR CREDIT
Common Search Terms used include: BAD CREDIT LOANS | LOANS FOR BAD CREDIT | LOANS WITH BAD CREDIT | LOANS BAD CREDIT | BAD CREDIT

Start typing and press Enter to search