Loan Options for people with bad credit
If you have a bad credit history, it can affect your borrowing power but some lenders still offer loans for people with bad credit. There may be many reasons why your credit report may be hindering your ability to borrow in the form of a loan, including:
- records of your repayments (mortgages, loans and credit cards), including any you have missed
- a list of any financial products you may have applied for, even if you didn't actually go ahead with them
- any court judgements outstanding against you
Lenders can see all this information, and use it to help them decide whether or not to lend you money. So if your report is less than perfect, it may be more difficult for you to obtain a loan.
Once you know where you stand with your credit report it is easier to find a solution, just click on the link below and we will help you find loans for people with bad credit, we will also compare interest rates and repayment terms.
We work with leading independent UK bad credit personal loan brokers to help you find the right deal based on your circumstances, let us search out the loans for people with bad credit that are available. Our no obligation service is also free of charge.