Instant Decision Bad Credit Loans

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Featured Loan Deal - Adverse Credit History
ProviderLoan AmountCredit HistoryRates FromTerm 
£1,000 to £20,000All Credit Histories Considered99.90%

APR
Representative

1 to 2 YearsGet Quotes >
Interest Rates from 35.9% - 99.9%, depending on the information you provide in your application. Fixed monthly repayments. Instant Online Decision. Representative Example: The Representative APR is 99.9% - Based on an assumed loan amount of £1,500 over 24 months at an interest rate of 71.3% p.a. (fixed) you would pay £118.88 a month and £2,853.12 in total.
Adverse Credit History Loans - Up to £20,000
LenderMin - Max LoanCredit HistoryRepresentative APRTermApply
£1,000 - £20,000Poor Credit48.50%1 to 5 YearsGet Quotes >
  • Interest Rates from 19% - 99% 
  • Rebuild Your Credit
  • Instant Online Decision
  • Must be aged 18
  • Must be UK resident

Representative Example: The Representative APR is 48.50% - Based on an assumed loan amount of £3,000 over 12 months at an interest rate of 48.50% p.a. (fixed) you would pay £670.83 a month and £3,670.83 in total.

£1,000 - £10,000Bad Credit Considered79.40%1 to 5 YearsGet Quotes >
  • Fixed Interest Loan Rate
  • No set up charges
  • Instant Online Decision
  • Must be aged 18 to 65
  • Early redemption charges
  • Must have monthly income of over £700
  • Must be UK resident

Representative Example: APR is 79.4% (variable) so if you borrow £3,000 over 2 years at a rate of 59.9% p.a. (variable) you will repay £217.24 per month & total amount payable £5,213.68.

£1,000 - £3,000 (Tenant Guarantor Loan)Good to Poor69.9%1 to 3 YearsGet Quotes >
  • Same day decision
  • No set up fees or charges
  • Any bad credit considered
  • Need a Tenant to act as guarantor
  • Must be aged between 18 and 65

£2,000 over 3 years, representative 69.9% APR fixed. Monthly payment £113.47. Annual interest rate 45.84% fixed. Interest payable £1,884.92. Broker fee payable £200.00. Total repayable £4,084.92.


UK Credit is a specialist no fee guarantor loan provider. All bad credit considered. Please only apply if you have a TENANT AS YOUR GUARANTOR. This type of loan is good for consolidating more expensive credit.

£1,000 - £5,000Poor Credit99.9%1 to 2 YearsGet Quotes >
  • Interest Rates from 35.9% - 99.9%, depending on the information you provide in your application  
  • Fixed monthly repayments
  • Instant Online Decision
  • Must be aged 18
  • Must be UK resident

Representative Example: The Representative APR is 99.9% - Based on an assumed loan amount of £1,500 over 24 months at an interest rate of 71.3% p.a. (fixed) you would pay £118.88 a month and £2,853.12 in total.

Rebuild your credit rating with instant decision bad credit loans

If you have a blemished credit history but you need fast access to credit, then you could look for loans that offer an instant decision. Bad credit loans often offer a fast decision, and can also present a way of rebuilding your credit rating.

 

A bad credit loan can help you rebuild your credit by:

  • Showing you can pay your bills on time
  • Proving that you are paying down your debt

 

Instant decision bad credit loans often come at the price of a higher interest rate. However, if you successfully manage an adverse credit loan you could soon find yourself accepted for other types of loans that offer more competitive interest rates.

 

If you do take out an instant decision bad credit loan, it is absolutely vital that you do not default on the loan or you could damage your credit rating even more.

 

Can I get an instant decision bad credit loans?

An instant decision bad credit loan may be an appropriate way to borrow for you if:

  • You have failed to pay bills on time
  • You have received a CCJ(County Court Judgement)
  • You need access money fast

 

There are a range of competitive instant decision bad credit loans on the market at the moment because the number of borrowers with bad credit has risen in recent years. Whether you are looking for adverse credit tenant loans or adverse credit homeowner loans, there is a range of unsecured and secured instant decision bad credit loans to choose from.

 

How much will a bad credit loan cost?

There are several factors which will affect how much you repay each month on your loan. Your monthly repayments will largely be dependent on your interest rate and how much of the capital on the loan you agree to repay each month.

 

Your interest rate will largely depend on three things:

  • How much you want to borrow
  • How long you want to repay the loan over
  • Whether you are a homeowner or not

 

Make sure you understand what you are getting into before going ahead with any loans. Even if you need an instant decision, make sure you read the small print to avoid being caught out by other hidden rules or charges.

THINK CAREFULLY BEFORE SECURING 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.