You can use Personal Loans to repay existing credit and existing debts, new car, holiday, home improvement etc.
Applying for a loan could not be easier, if you are a tenant or house owner or mortgage payer and have a good credit history you may qualify for our very best terms.
Very Bad Credit Loans when you have experienced problems, such as mortgage arrears, court orders, defaults or been refused a loan before, we can still help.
Compare our rates with your bank or building society, you will be very surprised.
Click on the links and banners on this page and complete the application forms for a quotation without obligation. Please ensure you can afford the repayments before applying.
If you have cancelled credit cards or small credit limits, it is possible to get the cash you need by getting a loan.
Personal loans are becoming quite common and allow you to get access to cash you may need for any number of reasons.
You may want to renovate your home or use the cash for Christmas spending this year. You might even want to get a personal loan as a means of consolidating your credit card debt that is attached to high interest rates. A Personal loan can be a simple solution for many people.
This type of loan is unique, because personal loans are unsecured. This basically means that no collateral is used to secure the loan.
Many types of loans are classified as secure, but this does not include a personal loan. The reason that personal loans can be better than credit cards, is because there are often not traps designed to draw you in.
Many credit cards have interest rates that balloon over a certain period of time. However, the terms of personal loans are fixed.
This means that the interest rate and term of the loan do not change and stay the same for the duration of the personal loan.
The best part is that personal loans can be used in any way that the borrower chooses.
An important key to remember is that personal loans are identified as risk-based loans.
This means that when you apply for a personal loan, your credit history is used to come up with the type of interest rate that will be attached to the loan.
Being approved for personal loans is also impacted by your credit score. Many people with good credit scores have been taking advantage of personal loans to consolidate credit card debt that is attached to high interest rates.
This means that personal loans can actually be used as a way to get out of debt faster.
Who Offers Personal Loans?
In the past, quick personal loans were typically only offered by banks and credit unions, but this is no longer the case.
This means that the ability to obtain a personal loan is expanding as more lenders than just banks begin to make this accessible to more people.
We have a number of loan companies shown on this page that should be able to help you with your new loan application, even if you have some bad credit.