Unsecured Bad Credit Loan

An estimated one in five British people have bad credit histories, and many of these people want to borrow money for various reasons – home improvements, a new car or in many cases, for debt consolidation.

In the past, it was very difficult for people with less than perfect credit histories to get a loan, but now, the market for unsecured bad credit loans has grown considerably, with more and more lenders prepared to lend money to people with bad credit.

Bad credit can result from:

  • Missing mortgage payments
  • A breakdown in a relationship or redundancy creating difficult financial circumstances
  • County Court Judgement

But many lenders are prepared to look past these issues and lend the money anyway. To protect their own assets, when offering unsecured bad credit loans, lenders generally charge higher interest rates, although you may get a better deal if you are a home owner.

Use our FREE loan calculator to compare unsecured bad credit loans available.

ProviderLoan AmountCredit HistoryRates FromTerm 
£1,000 to £25,000Good Credit Only3.3%

APR
Representative

(£7,500-£15,000)

1 year to 5 yearsGet Quotes >
Loans from £1,000 to £25,000. Fixed monthly payments and no set-up charges. 3.5% APR Representative. A loan of £10,000 over 5 years will cost you £180.80 per month at a representative 3.3% APR. The total cost after 5 years is £10,848.30, which includes £788.30 interest at 3.0% fixed and a £60 fee. The total amount of credit is £10,060. The rate and fee you are offered will depend on your individual circumstances
£7,500 to £20,000Good Credit Only3.6%

APR
Representative

(£7,500-£20,000)

1 to 5 YearsGet Quotes >
£2,500 to £15,000Good Credit Only3.5%

APR
Representative

(£7,500-£15,000)

2 years to 5 yearsGet Quotes >
Loans from £2,500 to £15,000. Fixed monthly payments and no set-up charges. 3.5% APR Representative. A loan of £7,500 over 5 years will cost you £136.26 per month at a representative 3.5% APR. The total cost after 5 years is £8,175.60. The rate and fee you are offered will depend on your individual circumstances
£1,000 to £20,000All Credit Histories Considered49.7%

APR
Representative

1 to 4 YearsGet Quotes >
Rebuild Your Credit. Interest rates start from 9.3% APR. Instant Online Decision using 'soft' credit searches. Representative Example: If you borrow £3,000 over 3 years at a rate of 41.0% per annum (fixed) you will repay £146.09 per month & £5,259.11 in total.
£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.

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.