Loans For People With Bad Credit

Loan solutions if you have previous CCJs, missed payments on credit cards or loans.

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 judgments outstanding against you.

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

More info

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.

More information on this product

All Credit Histories Considered
Loans from £1,000 to £35,000
No waiting, no surprises, and a guaranteed, personal rate
Soft credit search so there will be no impact on you credit score
Some banks advertise very attractive low rates, but when you apply you find you could end up paying much more. With a guaranteed rate, there’ll be no nasty surprises

Must be aged 21 and 75
You must have been a permanent UK resident for 3 years
You must have an annual income of at least £15,000 and have a UK bank or building society account

Can I get a loan with bad credit?

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.

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.

Loan News

23rd
Aug