Deal with poor credit score effectively with nothing but a bad credit loan.
A simple bad credit loan online is a personal/ unsecured loan we have designed for anyone suffering a low or extremely low credit score. Contrary to conventional belief, a loan of this kind is easy to get. By this offer, we promise you cash money at your fingertips instantly.
More than 5 million people in the UK have bad credit problems. For each of the bad credit case, this loan can act as a direct solution.
Tell us your struggles and we will fix them with quick money.
You can take out a preferable amount from us anytime you want to. Whether it is paying bills or finalising an investment amount, we are definitely going to help you. Share with us your loan quote and we will be ready to send you the money as soon as you want it.
Because we designed it as an unsecured loan for bad credit, you don't have to worry about collateral. Therefore, enjoy ownership over your assets and use this money FREELY to fund your needs.
How is it made possible? Well, a loan of this kind is taken out using your income statement and nothing else. If you know that you are earning enough and that you can pay loan instalments (or the repayment terms…however it may be) using your salary, then we will hardly pay attention to your low credit score.
You just need to be comfortable repaying the money. We will be comfortable lending you loans for bad credit with no guarantor obligation on affordable terms.
According to different credit standards, your credit score is defined. We do have a very clear idea about that. However, you should know your exact credit score and rating before applying to loans for bad credit online because because it makes you a responsible borrower.
In the UK, the most used credit standard is Experian. Find the list below to understand the present status of your credit score:
If you are wondering whether or not you get eligible for an extremely bad credit loan in case your score is 560 or below that, then know for sure that we say 'yes' to your request.
You just need to share with us your detailed credit score and income details. We can guarantee that the loan you are looking for will find you soon.
We receive applications from countless people every single day for effective bad credit finance. We have recorded data on borrowers from all walks of life looking for this loan because they need it badly.
We know this very well and promised to help our customers. Whether an individual with a day-job or an entrepreneur or someone living on benefits, a loan from our end is always guaranteed.
It is natural for a person to face financial hurdles with a poor credit rating. You cannot enjoy using your credit card more affordably as you have to keep on paying extra penalties for higher charges.
This situation makes your financial life more restricted and, therefore, uncomfortable. You lose opportunities to save money. It also hampers your peace of mind because you remain constantly anxious about it.
We will not let this hurdle trouble you anymore. If you take out loans for bad credit from a direct lender at the right time, then you can solve multiple problems with it. Here are some of them given below:
| Take Care of Immediate Utility Bill Payments and other unavoidable costs with ease. | More than one debt? Solve it with a debt consolidation loan for bad credit. | Get money for any emergency or urgent funding. |
| Finalise major decisions like purchasing a home with the help of a bad credit loan for homeowners. | Obtain a quick emergency loan for bad credit if you are unemployed and you are suffering a bad credit score at the same time. | Fix your bad credit score too because it is an obvious reason you take out these loans. |
Based on market findings and borrower evidence, we have found a major percentage of our applications to come from people who are suffering emergency situations.
We will help you.
Let's suppose you want a small personal loan for bad credit. We would recommend you following these simple procedures as mentioned below.
Apply for the Loan
You have already reached an authentic direct lender's site like ours. Here, you can even expect a smooth process of extremely bad credit loans in the UK. Now you can simply click on the 'Apply Now' button and reach the online application form. The form is completely paperless due to being digital. It has a few points only that you need to fill up. Enter some basic information such as your name, phone number and email ID. Then go for the loan quote and loan type to submit the application form. It will hardly take a few minutes.
Send Us Your Income Details
When you are done with the application form, we would require you to evaluate your financial details and present to us the evidence of all your income-related documents. These documents include the credit report too. You can send us soft copies of these papers. We are going to need you to be 100% transparent with such details. This is the best way to get faster approval on loans for people with bad credit.
Let Us Verify Them
What we do now is that we evaluate your income statement and consider the loan amount and type to find out your loan affordability. We check if you can pay us back the amount you want to borrow from us comfortably. We will also estimate your earning for going through different repayment options to present you with the most affordable loan. You are also free to use a loan calculator to check different rates and durations for repayment.
Receive the Loan
When we come to a common ground with the loan amount, loan terms and repayment package; we offer you guaranteed approval for a loan in bad credit within minutes. You will receive notifications about this update as soon as we issue it from our end. We then disburse the money within 24 hours.
You should know that bad credit loans from direct lender are easy to gain by keeping the terms simple and fast. Most borrowers can make an instant decision for a loan of this kind because both the application and the verification process for the loan are linear and minimal.
You must be looking for a few thousand pounds because of an urgent project. You are already stressed with it. We do not want you to feel worse. This is why the loan terms you get from us are free of clutters.
How do we make it possible?
What is interesting is that we will aid you in this process by our direct lending experiences.
Basically, you can use this 3 step process to help your credit score improve from a bad credit loan.
Let’s say you are taking out a £5000 loan for bad credit. You can take out the loan based on the amounts you need to repay for your credit debts.
You can also make your pending credit card payments using that loan.
Doing so will help your credit score improve because you are using your credit card to a more meaningful usage. Paying us back the loan using the same credit card will help further escalate this score.
That’s exactly what you want.
Our clients often call our loans the best loans for bad credit because of many reasons. One of them is the repayment facility we made for you. Also, our borrowers can take responsibility of their repayments through no guarantor loans for bad credit.
A person suffering from bad credit might be in serious trouble right now. In other cases, he or she can struggle with finances day and night. In these situations, repaying the money might come out as an extra burden to that person because he or she has already been affected by the lack of money before applying for the loan.
We don’t want this to happen after you have become our customer. Be it a 10000 or£3000 loan for bad credit, we will help you repay the money in the most organised ways.
We do not mind what sort of profession you are in. You do not need to be an employee in a 9 to 5 job only for paying us back the money. You can repay your bad credit loan using any earning as mentioned in the following table:
| Traditional Day-Job or Night–Shift | Benefits of Allowances | Part-time Jobs |
| Freelance work | Business | Contractual Jobs |
You are allowed to take out a loan from us even in a very bad credit score for almost any purpose. It is because this loan is a personal loan and we, as a direct lender, do not restrict the usage of the money for our borrowers.
If you have no income or that you have resigned from your work, you can get loans for bad credit on guaranteed approval. It would help you pay bills for a certain time period while you manage getting another job or a mean of income, by which you can repay us.
Do you want to buy a new car or a van? Well, you can definitely check out bad credit car finance options for that.
In case you want to start a business and your credit score is not good, we can help you with a bad credit finance option. Just tell us the quote and how you are willing to repay us. We will help you soon.
We are a direct lender offering CUSTOMISED loan options. We have been working in this field for years and are happy to help borrowers in need.
Whenever someone seeks loans for people with bad credit, we welcome them. We do not say 'no' to a borrower as long as he or she can show us valid income proof and is frank to share the credit report with bad credit car finance with no deposit us.
Here is why you might want to choose us:
| We offer 99% Approval Rates | You can ask for money 24 hours a day. We also work on National Holidays. |
| Choose an affordable package that suits your personal finance | We will not ask you for collateral. You will also be free from extra charges. |
Speaking of attractive offers, we do provide loans with no initial deposits. To find out about that, consider our as an example. . Most importantly, we even offer loan solutions to those with the worst credit rating. If you don’t believe it, take a loan quote for very bad credit loans from direct lenders in the UK with no credit check. You will get to know the approximate cost of the loan deal.
Happy borrowing!!!
All loan types available for poor credit people can be counted as poor credit loans. These are –
Every loan type is flexible in its purpose except car title loans. The rest of the types mentioned above have no constraint of purpose. Also, the online loan process of direct lending and instant approval decisions help you borrow money on time.
Sure, it is. We do offer students a bad credit loan. You can also get a loan with no credit check if you do not use a credit card. If you are earning, then share with us the details of that. We will help you right away.
Don't worry. Let us know if you are taking a break from work or if you will be reemployed soon. Provide us with the details of your future income and we will set to helping you. You might also choose benefits or part-time/ freelance income to repay the loan.
Yes, it is. We can assure you that you are going to get a bad credit loan within 24 hours. You need to fill in the application form and share with us your income details. We can approve the loan within minutes and send you the money within 24 hours. That is faster than a couple of days.
Yes, you can. We need to go through the paperwork of your benefits program to find out how much you can pay us as loan repayment amounts. If everything is deemed fine, then we will offer you the loan.
A bad credit score is 561-720, and a good credit score is 881-960. With a bad credit score, you can only get specialised loans like poor credit loans. With a good credit score, you can get any loan quickly. You need to pay a higher interest rate if you have a poor credit rating. However, an instant approval decision is possible if you have a strong repayment capacity. On the other hand, a good credit rating results from strong credit purchase power. Therefore, loan approval becomes
An unbiased understanding of loan products helps you make the right financial decisions. Bad credit loans have the following pros and cons.
| Advantages | Disadvantages |
|---|---|
| Instant access to funds | High interest rates |
| Improve in credit score | Risk of debt trap |
| Flexible loan types | Short-term loans |
| Quick approval | Additional fees |
| No collateral required | Restricted loan amount |
Another significant benefit is you can even get loans for bad credit with no guarantor on benefits on instant approval. However, the only uncompromised condition is that you must have a strong repayment capacity.
A soft search for a loan denotes a loan search in which you do not have to go through a hard credit check. As long as you only search for loans or get loan quotes, no hard credit check is required. Therefore, only a soft search is needed. This facility is available for all types of loans, such as bad credit loans with no credit check. However, for an actual loan application, a credit check is necessary.
Yes, you can. Whether it is a Christmas party or helping family members, we are always here to guide you through the process. Just share with us your income details and we are good to go.
You can borrow a maximum of £25000 through bad credit loans. However, your loan amount depends entirely on your repayment capacity. Maybe you want to borrow £20000, but your credit purchase power is £15,000. Therefore, you can use a loan calculator to make the loan cost and amount predictable. A calculator helps you make rational decisions depending on your financial circumstances.