Bad Credit Loans

Listed here are loans for bad credit compared. This type of loan is very broad and thus can feature both secured and unsecured loans. The provider you select will scan the market and find a loan suitable for your status and requirements. When applying for a loan you can receive an instant decision over the internet.

When you apply for a loan, the lender will make a credit check on you. This is achieved by contacting a credit reference agency which retains all details of consumers’ credit scores. There are several factors that can adversely affect your credit score, for example, acquiring County Court Judgements (CCJ’s), noting being on time with previous loan payments, or having frequent searches. Searches are credit checks that are carried out when you apply for credit. If you have too many of these ‘searches’ on your credit record, this shows the likelihood that you have applied for credit on numerous occasions but were rejected.



COMPANYAPR REPRESENTATIVELOAN AMOUNTMIN TERMMAX TERMTERMSSUITABLE FORAPPLY
Kensington 53.9% £100 - £5000 1 Month 24 Months Providing your information on this website will not guarantee you will be approved for a cash loan. Individuals with all credit backgrounds
Kensington Direct Loans is your definitive bad credit broker. By filling out a short online application form that will take just a few minutes you will be matched with the right bad credit lenders for you. Approval takes a few seconds and the money will be deposited straight into your account. Advantages

Advantages

Online approval takes just a few minutes
Borrow up to £5,000
Acceptant of bad credit applicant who have been refused elsewhere
Your money deposited straight into your account


Disadvantages

Disadvantages

You will not find out how much you can borrow until you have been reviewed
Only available to those that live in the UK

Representative example: At 53.9 % APR fixed, £3000 borrowed over 36 months payments would be approx £151.19 per month. The total amount to be repaid would be £5442.84.
Save Simply 278% £100 - £2500 1 Month 12 Months To qualify for one of our lenders' loans you need to be over 18, with a permanent job, UK resident and have a UK bank account. Individuals with all credit backgrounds
12 Month Loans help find fast loans to suit the individual needs of different people, including those with a poor credit history and those who have been refused a loan elsewhere. We are supported by many of the UK's most established payday loan providers. To apply for a loan simply fill out our quick and easy application form and we will do the rest, contacting hundreds of loan providers to find the best deal for you. The process takes seconds, and you will receive an answer almost immediately. If you are accepted for a loan you simply have to agree to the terms and conditions of the lending company and the loan will be transferred to your bank account Advantages

Advantages

Instalment or 12 month loans are often considered to offer customers the benefits of a payday loan but over a longer period of time
12 Month Loans help find fast loans for individuals with all credit backgrounds
We are supported by many of the UK's most established payday loan providers
The process takes seconds, and you will receive an answer almost immediately
If you are accepted for a loan you simply have to agree to the terms and conditions of the lending company and the loan will be transferred to your bank account
Flexible short term repayment plan with terms ranging from 1-12


Disadvantages

Disadvantages

Must apply to find out APR

Representative example: For a loan of £500 for 12 months: Monthly Payment - £79.09, Total Amount Payable - £949.01. Total Interest - £449.01, Interest rate - 140%
Save Simply On application £500 - £25,000 12 Months 25 years The Partners will contact you with loan information. Please note that such information should not be used as the sole basis for your loan decision, and may not meet your particular needs. Poor credit borrowers, retired, self employed or unemployed
Get free quotes and a loan of between £500 - £25,000 with Save Simply. No matter what you need the loan for, Save Simply accept all applications. Bad credit loans are available to all applicants. Advantages

Advantages

Poor credit history is no problem
Top lenders sourced
Borrow up to £25,000


Disadvantages

Disadvantages

Must apply to find out APR
APR might be high
Credit status might play a part

Representative example: If you took a loan for £10,000 with a Representative APR of 6.9% fixed and an annual interest rate of 6.9% you would pay £196.56 per month with a total charge for the credit of £1,793.43 making the total amount you repay of £11,793.43
Go Cheap Loans N/A £100 - £50,000 1 Month 120 months See website for more details For any UK resident aged over 18 or over looking for a loan
At GoCheapLoans.co.uk we pride ourselves on being able to help customers in all kinds of situations to get the loan that they need. Our users needn't be put off by poor their credit ratings as we can find loan companies willing to help in most situations. Your application is handled completely online from filling in our simple form to receiving your money, making everything as easy as possible. Once you have told us all the required information our software gets to work searching hundreds of lenders to find you the best loans for you, separated by loan type. You can log back in to your account at any time to review your loan options and apply for as many as you need to. And if you don't like any of them, click the link below the apply button and we'll find you another. Advantages

Advantages

Compare hundreds of lenders - We have a set of complex algorithms that work away behind the scenes to compare the 50 or 60 bits of data that you tell us about yourself, with the hundreds of bits of data that we have about UK lenders. We will deliver you as many different options as we can find
Saved Results- On completion of the form we will email your username and password so you can return as many times as you like to see the lenders we recommend for your situation
Lender Guarantee - We always strive to find the best lender for your situation. If you're not happy with one we find, just tell us and we'll find the next best one until your happy


Disadvantages

Disadvantages

Rates and fees from different lenders are not available until you fill in personal details
We take a one-off payment of up to £39.99 which we charge to cover our maintenance costs of the software we use to find you the best loan deals

Regent Finance 6.9% £500 - £25,000 1 Month 25 Years You must be over the age of 18 years old If you have bad credit and need a loan
If you have less than perfect credit and are finding it hard to get a loan, Regent Finance can help. Apply online for an unsecured loan from £500 - £25,000. Find out what options are available to you and receive a free no obligation quotation. Advantages

Advantages

Get the Lowest Loan Rates & Exclusive Deals
Apply in Minutes
Free to Apply, No Obligation
All Applications Accepted


Disadvantages

Disadvantages

The wesbite does not give much information

Representative example: If you took a loan for £10,000 with a Representative APR of 6.9% fixed and an annual interest rate of 6.9% you would pay £196.56 per month with a total charge for the credit of £1,793.43 making the total amount you repay of £11,793.43
CUS4 Loans On application £200 to £15,000 12 Months 60 Months CUS4 Loans work with several leading Loan Specialists and send your application to one at a time until your loan is approved. Tenants, homeowners, self employed or bad credit history borrowers all suitable
CUS4Loans can help you to find a lender provider for a range of loans whatever your circumstances - even if you have been turned down for a loan elsewhere or have credit problems. Tenants & Homeowners - Loans £200 to £15,000 approved. Advantages

Advantages

Borrow from £200 to £15,000
Poor credit history no problem


Disadvantages

Disadvantages

APR rate only on application
Some brokers may add additional fees

Provident 272.2% £50-£500+ 23 Weeks 52 Weeks Applicants must be at least 18 years of age and a UK resident. Repayment period 23, 31 or 50 weeks. Those with poor credit who want a quick cash loan
Provident Personal Credit is the UK & Republic of Ireland's leading home collected credit company, offering small, unsecured personal loans and other related products. A name you can trust - 125 years in business. Specialise in providing small cash loans of up to £500 to customers from all walks of life. Advantages

Advantages

1. 23, 31 or 52 weeks to pay back the loan depending on amount borrowed.
2. Payments collected weekly by an agent to help you budget.


Disadvantages

Disadvantages

1. APR is quite high, but the loan is mean for a short term cash loan - and is better value than similar products.

Representative example: £300 loan repayable over 52 weeks, 52 weekly payments of £10.50, Rate of interest 80.2% p.a. fixed; Representative 272.2% APR. Total Amount Payable is £546
Kensington 30.2% £5000 - £25,000 24 Months 48 Months Terms We require all applicants to: 1. be at least 21 years old, 2. hold a valid British passport, hold a valid British driving licence, 3. be in employment or self employment, 4. have a bank account that accepts direct debits and live in England, Scotland or Wales. (We do not offer finance for applicants living in Northern Ireland, the Channel Islands or Isle of Man.) 5. We finance cars that have covered up to 70,000 miles and are no more than seven years old at the time of your application to us. Suitable for those with bad credit looking for a car loan
Talk to moneybarn - credit you can trust. We're different to other lenders because we take into account much more than just your credit score when offering car finance. Even if you've been declined before, we can often help – use our quick car finance calculator to see what kind of deal you could get with moneybarn. Advantages

Advantages

We're different! As the actual lender, moneybarn have control over who we lend to. For nearly 20 years, we've built our business around our unique decision making process that takes into account much more than just your credit score when you apply to us.
We're Secure! We've been providing car finance for nearly 20 years, through two recessions and times of economic uncertainty. We're backed by Octopus Investments and received significant new funding this year - stronger than ever in 2011, you can rely on us to support you through every step of the journey
We're welcoming! Turned away by your bank? By using more than just your credit score, we're able to consider applications from customers who may not have perfect credit histories or have been refused credit elsewhere. There is no guaranteed car finance product in the UK, but by considering a number of factors not related to your credit score, we're able to offer car loans to over 90% of applicants each month
We're Quick! We're Quick! click to read Our online application process is fast and straightforward – our unique technology enables us to make responsible lending decisions within minutes and we can sometimes even pay for a customer's car the same day if we receive paperwork and proofs promptly
We're Responsible! moneybarn is a responsible lender. We believe in being fair to you with our products, the application process, our documentation and the way in which we communicate with you


Disadvantages

Disadvantages

We won't finance commercial vehicles, motorbikes, cars used for driving instruction, parallel (grey) imports, taxis or limousines. We will not finance cars manufactured by Hummer or Ssangyong and we do not finance Mazda RX8 or Chrysler 300C cars
Unfortunately we are unable to accept applications from individuals employed in the motor trade, or directors/sole traders in the motor trade

Representative example: At 53.9 % APR fixed, £3000 borrowed over 36 months payments would be approx £151.19 per month. The total amount to be repaid would be £5442.84.