Welcome

We offer unsecured loans starting from £1,000 over terms up to 72 months.  

 

49.8 % Representative APR. So if you borrow £3,000 over 3 years you will repay £146.37 per month and £5,269.32 in total.

 

You are under no obligation by completing this application form

 

In an ideal world, wouldn’t everyone just be able to manage their daily finances with no problems and be able to deal with unexpected extra bills without having to worry? Sometimes life just isn’t straightforward though and it is all too easy to get yourself into an undesirable financial situation that can quite often lead to things spiralling out of control. Here at Poor Credit Loans.co.uk, we completely understand how bad situations can arise and they can often happen through no real fault of your own. Just a simple combination of bad timing such as being paid late or just pure bad luck like being made redundant can push you into a very hard position financially and lead to a bad debt being lodged against your name.

the bad credit loans piggy

Sometimes you can spend hours chasing around after a loan with other providers. You give your details over and over again and have to say the same things to each of them. They might make you promises, you get your hopes up and then it is dashed so suddenly as soon as they check your credit file and find that you have had a bad debt in the past. That’s when you find that you have wasted yet more of your time and it is so demoralising. It is especially difficult to take if you have worked hard to pull yourself out of debt, but your credit file is still hanging onto that stale old information and it doesn’t give you any leeway with many of the major lenders.

Having a poor credit history can be an absolute millstone around your neck and can affect everything you do, which makes it especially cruel if you are back on your feet again and are now managing your finances well. So if you face another unexpected event in your life such as a washing machine break down or the TV suddenly stops working, your poor credit history could stop you from being able to buy a replacement in many retail stores. Other companies can also refuse you a loan if your credit rating is bad, even if you don’t have problems with money anymore and could now easily manage regular monthly payments. The main problem with credit scores and ratings is that they are heavily relied upon by lenders and are quite inflexible as they do not really take into consideration how you would cope with paying a loan off in the future, after previous debts have been cleared. Don’t worry any longer, there are still options available and this is where Poor Credit Loans.co.uk can help.

We pride ourselves on helping our clients out of financial tight spots. If you are a resident in the UK and need a loan, or have been refused elsewhere, you are guaranteed to receive a first class service from us. Unsecured bad credit loans can be used for any purpose, just complete our online form or give us a call and let us advise you on what your best options would be and let us help you to rebuild your credit rating.

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