Instant Decision Bad Credit Loans

Instant Decision Bad Credit Loans

Compare Instant Decision Bad Credit Loans

Loan Type
Fluent Personal Loan
APR/APRC
14.9% APR
Representative (£1,500-£25,000)
Loan Term
1 to 5 Years
Borrow
£1,000 to £25,000

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Representative Example: The Representative APR is 14.9% (variable).The Representative APR is If you borrow £90,000 over 4 years at a representative 14.9% APR and an annual interest rate of 14.9% (fixed) you would pay £245.80 per month. Total charge for credit will be £2,798.51. Total amount repayable is £11,789.51.

Loan Type
Avant Personal Loan
APR/APRC
42.5% APR
Representative (£1,000-£20,000)
Loan Term
1 to 6 Years
Borrow
£1,000 to £20,000

Instant Online Decision

Representative Example: The Representative APR is 42.5% (fixed). If you borrow £3,000 over 3 years at a rate of 31.9% p.a (fixed) plus an arrangement fee of £137.31, you will repay £157.89 per month & £4,943.25 in total.

Loan Type
Everyday Loans Personal Loan
APR/APRC
93.6% APR
Representative (£1,000-£20,000)
Loan Term
2 to 5 Years
Borrow
£1,000 to £15,000

Instant Online Decision

Representative Example:The Representative APR is 93.6%. Based on a loan amount of £3,000 over 24 months at an interest rate of 67.9% p.a. (fixed). Monthly repayment of £231.78. Total amount repayable £5,562.75.

Instant Decision Bad Credit Loans 

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.