Adverse Credit Loan

Adverse Credit Loan

Compare Adverse Credit Loan

Loan Type
Shawbrook Bank Personal Loan
APR/APRC
7.6% APR
Representative (£1,000-£30,000)
Loan Term
1 to 7 Years
Borrow
£1,000 to £30,000
Representative Example: The Representative APR is 7.6%. Based on a loan amount of £10,000 over 60 months at an interest rate of 7.6% p.a. (fixed). Monthly repayment of £199.66. Total amount repayable £11,979.32.

Adverse Credit Loan

Around a fifth of the population have bad credit histories, so it is no surprise that there is now a whole market devoted to adverse credit loans.

You may need to get an adverse credit loan if you have:

  • Financial problems caused by redundancy or illness
  • Difficult financial circumstances as a result of a marriage or relationship breakdown
  • Previous mortgage arrears
  • Missed credit card or loan payments
  • A County Court Judgement (CCJ)