Bad Credit Loans

Bad credit loans are designed for borrowers who have previously missed payments on a loan. Lenders will classify you as a higher risk if you have a history of missing payments and will only provide you with a loan at a higher rate of interest.

If you are a homeowner, i.e. you own a property outright or have a mortgage, your best chance to get a reasonable interest rate is to consider a bad credit loan secured on your property. This provides security to the lender if you default on the payments.

Bad credit loans allow you to borrow between £15,000 and £100,000 and repay the debt over 10 years or more. You can use the money for improving your house, buying a car or taking a holiday. If you need to pay off other debts you can reduce your monthly payments by debt consolidation.

The application process is quick and easy. Just complete the application form and one of our customer service advisers will call you back. We will then start the search for the best product for you based upon your circumstances.