Loans For Bad Credit 2019-07-09T14:48:50+00:00

LOANS FOR BAD CREDIT 

Fast Flexible Loans From £100 to £5000

Duration
1 to 60 Months

Representative APR
From 305.9%

Loan Amount
£100 to £5000

APPLY
TODAY

Representative example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable). Representative 305.9% APR.R (variable).

Get An Instant Online Decision For £5000 Into Your Account Today

Duration
0 to 24 Months

Representative APR
From 1192%

Loan Amount
£100 to £5000

APPLY
TODAY

Representative example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable). Representative 305.9% APR.R (variable).

Borrow £500 To £5000 Within 24 Hours

Duration
1 to 60 Months

Representative APR
From 305.9%

Loan Amount
£500 to £5000

APPLY
TODAY

Representative example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% (variable). Representative 305.9% APR.R (variable).

Get An Instant Decision On Loans From £100 To £5000

Duration
1 to 36 Months

Representative APR
From 49.9%

Loan Amount
£100 to £5000

APPLY
TODAY

Representative Example: £250 borrowed for 30 days.  Total amount repayable is £310.00.  Interest charged is £60.00, annual interest rate of 292% (fixed).  Representative 669.35% APR (variable).

Loans For Bad Credit

For those struggling to find credit from providers due to a bad credit score, a bad credit loan may be worth considering. Designed specifically with those with a bad credit history or no credit history in mind, bad credit loans are easier to get approved for but have higher interest rates to reflect the risk to the lender.

Your credit score informs a lender how likely you are to keep up to date with repayments if they lend you money therefore if you have a bad credit score you are deemed to be less likely to stay on top of your repayments. As a result the lender is better compensated than with other loans through higher interest rates.

This is not necessarily a bad thing and if you make sure you make all your repayments on time with a bad credit loan you will be able to improve your credit score increasing what loans will be available to you in future. For more information on credit scores and how to improve yours visit our credit score page.

If you are looking at bad credit loan it probably means you have bad credit and therefore your options are limited. However, this does not mean you just have to accept the first loan available to you. Work out your requirements (loan amount, repayment term etc.) and compare the options available to you. Your options may be limited but not comparing your options is reckless and will likely result in not getting the best deal making it harder for you to fix your credit score and open up more finance options in the future.