Bad credit loans are designed for people with a credit report that's less than spotless, or who have little to no credit history. Representative Example: The Representative rate is 18.4% APR (fixed) so if you borrow £10,000 over 5 years at a rate of 18.4% p.a (fixed) you will repay £248.58 per month & £14,914.80 in total. Aspire. At CUJ Loans our partner works with bad credit UK lenders who offer loans between £100 and £5,000. At Dot Dot Loans, we think there are more important factors that help us decide if a bad credit loan is right for you. The final decision on the amount you can borrow is down to … This is because we believe in making sure that getting a loan is the right option both for you and for us. But it is still possible to get a loan with bad credit at a lower interest rate. No, because lenders check your finances and credit record before they decide if they can offer you a loan. Need a quick loan for bad credit? If you're finding it hard to get a loan from your bank or another high street lender, a bad credit history is often the reason why. But sometimes ‛bad credit' can sound much worse than it actually is. We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. You can always check your report to find out what could be holding you back. How to get a mortgage if you are an older borrower. We've been doing this for almost 10 years now. On stride Financial. Car repairs, boiler breakdowns or washing machine woes - these take us by surprise at the best of times. Can you withdraw cash from a credit card? Some paid out in the same day. T&Cs apply. While a loan may allow you to borrow a larger amount, with a credit card you can apply for a smaller amount to improve your chances of being accepted. Once JavaScript is enabled, this message will be removed. Our bad credit loans with no guarantor and no broker in the UK help you meet any … Quick Loans Apply. No - it's not possible to get a bad credit loan without a credit check from a responsible lender. Interest: Bad credit loans typically charge high interest rates, so they’re an expensive form of borrowing. How long you want to borrow the money over: Although a longer loan term will result in lower monthly payments, it'll also cost you more over as you'll end up paying more in interest. Quick Bad Credit Loans - We Can Help We help people with bad credit get accepted for loans up to £3000; we are good at it. Does travel insurance cover cancellation? The good news is that we also offer unsecured loans for bad credit, so if you were worried about getting accepted for an unsecured loan in the UK because of your poor credit … Guarantor loans: These are loans which require you to appoint a guarantor. They are designed to give a business owner enough cash to keep their business … We are direct lenders of short term loans for bad credit. We now have an array of loan calculators, credit reference reports and numerous articles covering the best “loans for those with bad credit ratings” online and available 24/7. Figures from The Money Charity show that millions of UK households have little or no savings. Kingston House, Centre 27 Business Park, This is a family relative or friend who agrees to repay the loan if you are unable to. At Dot Dot Loans, we know that a poor credit rating doesn't always tell the full story. And it'll only take a little bit of research to find out. A missed payment here, accidentally straying above your limit there - it's all too easy to hurt your score without realising. Just because our loans are simple, it doesn’t mean you don’t have questions! A loan for bad credit from direct lenders like Dot Dot Loans can be the ideal option. This will not impact your credit score. The One Stop Money Shop is an FCA authorised direct lender for bad credit – so we are able to take a view on less than perfect credit scores and help you borrow between £300 to £1,000. They make sure you only see real interest rates. If you think this might be a good option, you can compare credit building cards here. No problem - we want to make sure you've got all the information you need. Be sure that you can afford what you want to borrow. Our loans are for … Find out more about how to get a guarantor loan here. At Likely Loans, we offer personal loans from £500 to £5000. With our 4 year loans, you can borrow from £1000 to £5000 with the different types of loans … The downside is that your home could be at risk if you’re unable to keep up with repayments. Our registered address is: The Cooperage, 5 Copper Row, London, England, SE1 2LH. When you have bad credit, banks and lenders consider you to be a high risk borrower. We have an unmatched record of accepting loan requests from all types of credit history people. No - our loans for bad credit are ‛no guarantor loans'. This will depend on the length of your loan… Company Number 08117620. This means we lend the money to you ourselves - there’s no middlemen involved at all. Dot Dot Loans is here to help you get a loan with a bad credit history - even if other direct lenders are saying "no". Loans for bad credit have become more readily available in recent years, with many bad credit loan lenders specialising in providing loans for a bad credit score. We think it paints a much fairer picture. The number of listings in our tables can vary depending on the terms of those arrangements, as well as other market developments. What is the difference between Visa and MasterCard? Loans for Bad Credit We are a direct UK lender specialising in helping those with less than perfect credit scores. Despite having the blemished credit report, our lending doors are open for you with guaranteed payday loans for bad credit. It depends on the type of loan you choose and the lender, but you could borrow up to £50,000 with an unsecured loan. Consider a guarantor: If you're having trouble getting a loan because of your credit history, you can get a guarantor to back the loan to improve your chances of getting approved for a loan. You need to be over 18, a UK resident and employed or self-employed with a minimum monthly income … You must be over 18 years old, but you do not have to be a home owner or have a very good credit rating; we do accept bad credit ratings and CCJ's providing we are satisfied that you can repay your loan … Then make sure you keep up with repayments and eventually you can have your credit limit increased. From … It’s also likely that you’ll be able to borrow more. Finding loans for bad credit, uk wide, which suit your circumstances is just like comparing any type of loan. Guarantor personal loans may be another option for people with a bad credit history. You can enable JavaScript by following this tutorial. Quick, simple comparison of Rep APR, loan amounts and loan terms. But it's important to only borrow the amount you need, because you will need to pay it back with interest. Trying to find a payday loan bad credit can be difficult. Will my credit history be checked when I apply? Total £7,631.05 repayable at £211.97 per month. If you accept their loan offer, they will perform a hard credit … At Dot Dot Loans, you could be able to get a loan with a bad credit history. The longer the loan term, the more interest you pay. Dot Dot Loans is not a broker and we're not a middleman. If you make your payments on time it could. Our loans are for people looking to borrow money that may not be able to from other lenders. But this has the potential to make things worse. We're totally passionate about giving you the most useful and up to date financial information, without any fancy gimmicks. Yes, most lenders still check your credit record, but they are more willing to lend to you if you have a history of bad credit. If we can't help you this time, we strongly recommend waiting before you apply again to us or another lender. There are many companies who offer loans for people with a bad credit history. We use cookies on this website, all data is anonymous, we don't store any personal details. Available to UK residents only aged 18 and over (long-term loans aged 21 and over). Check our bad credit payday loans page for more details on this type of loan. To get started, apply online and we'll give you a quick initial decision. You do not pay any extra and the deal you get is not affected. 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