Bad Credit Loans

If you have a history of bad credit, one that may involve a CCJ or IVA, it can be hard to borrow money. Luckily, lenders appreciate that people do make mistakes or have been in unavoidably difficult situations. Applying for a bad credit loan is not as hard as it sounds. The interest rate may not be as competitive as with other loan products but with a commitment to the repayments, taking out a bad credit loan could provide you with the first step to a more positive credit history. If you are looking to borrow money for a holiday, some DIY or a special occaision, a bad credit loan could help you regain your financial confidence.

Check out our Best Buys for Bad Credit Loans by clicking below where you can apply direct to the providers.

Product Features & Benefits
Freedom Finance
  • Rates from 7.9% APR variable to 20.4% APR variable
  • Their highest rate is for those with severe credit problems
  • Typical APR 11.0%
  • Loans between £5,000 - £100,000
  • You can borrow for any purpose
  • CCJs, Arrears, Self-employed accepted
  • Complete a short enquiry form for no obligation quote

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E-Loanshop
  • Rates from 7.9% APR variable to 20.4% APR variable
  • Their highest rate is for those with severe credit problems
  • Typical APR 12.6%
  • Loans between £3,000 - £75,000
  • You can borrow for any purpose
  • They shop around for the best loan for your needs

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The table (left) shows some of the latest rates available for adverse credit loans.

Lombard Loans Accepted Loans