Personal loans

Borrow between £500 and £15000 with monthly repayments.

Short term loans

Small loan of between £50 and £750 that you repay on your next payday.

Car finance

Buy a new car on finance with monthly repayments.

Loans for people from all walks of life

A bad credit rating can limit your borrowing options. CCJs (County court judgements), defaults on payments, mortgage arrears and bankruptcy orders leave a black mark against your name and can be a problem when trying to get a loan.

Fortunately there are some lenders in the UK who specialise in bad credit loans for people with poor credit history, both tenants and homeowners.

If you have a low credit score or poor credit rating, the chances are you will experience difficulty getting a personal loan from a high street bank. However, don't despair as there are a selection of specialist lenders offering finance to people from all walks of life including personal loans, short term loans and car finance.

  • Loans for people with bad credit
  • Rejected or turned down elsewhere
  • Previous debt problems
  • Adverse credit history
  • CCJs
  • Loan with bad credit rating
  • Low credit score
  • Debt consolidation
  • Home owners & tenants
  • Self employed

Loans harder to come by

As a response to the financial crisis and economic downturn most lenders tightened significantly their credit scoring procedures. Traditional lenders tend to have an ideal customer profile and they do not always welcome those who deviate from it. In fact many lenders have automated credit scoring systems and those borrowers who scores don't add up simply don't get considered.

For people who don't fit the mould, the impact has been profound with a dramatic reduction in the number of loan products available for people who have a blemished credit history.

The legacy of the banking crisis continues to dominate the loan market place today with mainstream lenders only really interested in consumers with pristine credit records.

Nevertheless, there are still a small number of lenders who offer loans for people with bad credit history. However a major handicap that comes with being saddled with a poor credit rating is you will be deemed a higher than standard risk, meaning the deals available to you will never be the lowest on the market. Your past transgressions with cost you dearly in terms of interest charges.