Payday Loans for Bad Credit

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Payday Loans for Bad Credit

When you have bad credit, you may have experienced that it can limit the finance options available to you, this can cause great distress especially if you need finance by way of a loan between pay dates. Although there are limits on the loans available to you, there are lenders out there that solely specialise in providing payday loans for bad credit.

Easy Loans Company are a broker that work with a panel of lenders that provide payday loans for bad credit. Given the current financial climate there are many that are still feeling the effects of a bad credit history, something that can take time to fix and improve, one of the ways to improve this is to prove that you’re a good borrower, something that can only be done by further borrowing.

In the case of payday loans, these are a necessity if you cannot get access to funds between pay dates. It maybe that you need to cover an emergency such as car repairs or boiler breakdown. Whatever the reason, if you have bad credit and are looking for a payday loan we may be able to help you. In the majority of cases payday loans are a cheaper option than applying for a credit card for bad credit. If you miss just one payment on a credit card you can be hit by high interest charges that can spiral you further into debt.

Our payday loans are often at lower rates than credit cards available to those with bad credit, we offer competitive fixed rates and will only approve you for a loan that you can afford to repay. If you are searching for a payday loan, apply online using our application form, and we will give you an immediate decision, with a no obligation quote.

 

Payday loans offer you the really great benefit of quick and easy finance that you can usually get in a matter of minutes. That means it’s really convenient for you when you need short term financial assistance as quick as possible when you have ran out of all other ideas for finance such as your bank overdraft or credit cards.

 

For that reason, many have criticized whether they take advantage of people looking for fast money, without thinking of the consequences. And the consequences can sometimes be huge if you fail to repay your loaned amount back on time, as the interest rates offered by payday lenders are some of the highest in the financial industry.

 

But it can be really difficult for you to get the money you need when you have ‘bad credit’. This is a term used to describe your financial profile and whether you can be classed as a reliable person when it comes to paying back money to lenders. There are usually two main reasons why you may have a poor financial profile:

 

1 – You have no prior history/experience of borrowing money and therefore haven’t built up your financial profile to a satisfactory standard.

 

2- You have a history of missed/deferred payments, been declared bankrupt and/or have CCJs made against you.

 

It’s really important for you at this point to stop applying for credit if you have been rejected for bad credit. The reason being is that it will go down on your record that you have applied many times and could further go against your history.

 

What are the features of Payday loans for bad credit?

 

– Short term

 

– Quick, usually get them within minutes

 

– Perfect for when you need small amounts of cash

 

– Very high interest rates

 

What if you decided to get one?

 

If you get a short term cash amount to replace your job income for a month, you will find that it will give you a fantastic opportunity to improve your rating, thus giving your better lending options in the future. This may include better interest rate unsecured amounts as well as better chances of getting a mortgage.

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.

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Common Search Terms used include: BAD CREDIT LOANS | LOANS FOR BAD CREDIT | LOANS WITH BAD CREDIT | LOANS BAD CREDIT | BAD CREDIT

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