Bad credit and need a loan? Choose your lender wisely

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We are a licensed credit broker, not a lender.
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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 and need a loan? Choose your lender wisely

Being Constantly Declined for a Loan” Adverse Credit” Poor Credit Score”

Apply todaywhen you have a bad credit rating can be disappointing and frustrating. It can also have a worsening effect on your credit rating. Therefore if you have been applying for a loan and are constantly being declined you are prolonging your bad credit rating without securing the finance that you need.

Because many UK borrowers do have a bad credit rating but still need loans there has been an increase in lenders that are willing to accept loan applications from those with a bad credit rating.

These lenders have a different acceptance criteria than that of high street banks, in order to cover their own risk of lending to you, they do come with higher interest rates, which means that overall the loan will be more expensive. However this does not mean that they will automatically approve a loan to you, it has to be proved that you can adhere to your credit agreement and repay the loan on time. If you do not repay your loan on time, your credit rating will be further damaged and put you back where you started with an extra debt to try and settle, which in turn will prolong your bad credit score.

Because of the increase in need for ‘bad credit loans the easiest thing to do to find a lender is to tap ‘bad credit loans’ into your preferred search engine (Google / Bing / Yahoo etc). This will give you a host of search results displaying lenders that accept applications from those with a bad credit rating.

Once you have had a browse, then use the search engine again to search the loan company name, also check review websites to see what other customers say about the companies services. Once you have found a lending company that you are keen on, visit their website and apply online. Applying online is usually fast and easy, with decisions given there and then. In some cases it will be likely that on application a loan advisor will call you back, therefore it is always wise to have your phone handy.

If you are approved for the loan, please ensure it is repaid on time, doing so will have a positive effect on your credit rating, which means cheaper finance options available to you in the future, should you need them!

Bad and adverse credit borrowing

Please ensure you steer clear of any lenders that ask for your bank details or for any upfront payment, these ‘companies’ are often fraudsters, that take your money and run. If this has happens to you please inform your bank from where you made your payment, and contact your local citizens advice bureau as soon as possible.

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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 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; 84 Princess Street, Manchester House, Manchester, M1 6NG. Licenced by the Information Commissioners Office, (registration number Z9808421).

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