Poor credit scores can happen for various reasons, and not all of them show financial irresponsibility. we can have your money with you the next working day. Similarly, your ability to balance the monthly budget creates more trust in the lenders that you can repay the funds on time. Copyright © 2019-20 Loanpalace UK All rights reserved. We will provide you with alternatives so that you do not fall behind repayment. These are as given below: Loans where no guarantor is required: We have made a lot easier for you to get almost unconditional approval on your loan application. In fact, we take this seriously and ready to offer bad credit loans on guaranteed approval with no guarantor required. We do not run hard inquiries that show up on your credit report. This is a belief that we place at the heart of everything we do and every Excellent, Equifax: Zero to 278 is Very Poor, 467 to 700 is It is true that most of the lenders prefer credit of the borrower before approving the loan request. not want to lend to you. Before indulging into this simple application process, you have to fulfil the qualify conditions. Late repayment can cause you serious money problems. So, make sure you’re on the electoral register, ensure your name is added to any Since we know that you are applying for a loan with a bad credit history, we do not emphasise on a credit check. Your mind can be cleared about the particular lender, as you do not have to approach other ones. We are already offering bad credit loans on competitive interest rates. Very bad credit loans direct lenders are loans lent to you directly without any involvement of a broker. It is considered as the short term borrowing which comes with an auto deduction feature on the day of your salary. Authorised and regulated Such tough circumstances make you oblige to indulge in confusion on what to do? You can learn more about what a bad credit score is here. credit history are to blame. We have a range of loans for bad credit and don’t charge any additional fees. Some people, due to their lack of market knowledge, prefer a third party to reach towards the lender and apply for the loan. repayment Poor to Excellent credit score: The good news is that even if you do have a poor credit score, it can be improved with a few very Interest Amount: £59.37. However, when it comes to the speed and flexibility, then the latter option of direct lenders is relatively better. Timely recovery with a financial solution can bring back the lost prosperity. It has made possible with our ‘no credit check’ facility. credit score. or kitchen loans, we offer all types of loans There is no number which you have to specifically follow. Since these loans come with small amount of money, the lender does not ask for a guarantor and collateral. applying for a loan for bad credit is quick and easy with our simple online application form. As notified, seeking a broker’s help requires time, and thus, you cannot attract quick funds during the urgency. and improvements. If it is strong enough, then you may not need a guarantor too. Customised lending terms to match borrower’s demands, Competitive interest rates despite poor credit, High interest rates especially for low credit, Click on to the ‘apply now’ button; it will open an online application form, Fill the form with mandatory details that are clearly mentioned in it, Once carefully inserting all the details, submit it carefully, You must be an adult with over 18 years of age, You should be living in the UK for the last 7 years, Your monthly earning should have the capacity of making repayments, You should have an authentic savings account in any registered UK bank. What's more, There are two types of the best personal loans for a bad credit borrower, one is a bad credit loan and second one is a debt consolidation loan. If you’ve struggled to be approved for credit in the past, then a poor credit history and a low